To enable foreign companies to mobilise funds from Indian capital market the Government has made the guidelines for Indian Depositary Receipts (IDRs) by such companies less stringent. IDRs are similar to ADRs and GDRs and are designed ...
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Spotlight on short-term debt funds
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Mumbai, July 20 The initial public offering of Omaxe Ltd was subscribed 68.12 times on the BSE and NSE at 7.00 pm. The IPO received over 121 crore bids against the issue size of 1.77 crore shares. A total of 6.64 crore bids were ...
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Aided by strong FII inflows, weakening dollar the rupee rose to 9 year high.
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Analysts expect a higher price band for buyback offer of HUL.
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Banking sector funds have scored a century, 100 per cent on an average for the one-year period ended July 23, 2007. This allows them to vault over all other sectoral funds categories – tech (61 per cent), pharma (41 per ...
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Mumbai, July 24 ING Mutual Fund has launched a close-ended bond scheme, ING Fixed Maturity Fund Series XXVIII. The new fund offer opens on July 24 and closes on July 27. The minimum application amount is Rs 5,000. The fund provides ...
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Plans to hive off 3 manufacturing units into a wholly owned subsidiary.
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Derivatives turnover crosses Rs 60,000 cr; stock futures trading up
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Mumbai, July 25 Reliance Capital Ltd reported a 220 per cent jump in net profit at Rs 513.77 crore for the quarter ended June 30, 2007 as against Rs 132.42 crore for the corresponding quarter in the previous year. The company’s total ...
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Mumbai, July 26 The Coimbatore-based KPR Mill Ltd, a vertically integrated apparel company, announced its entry in to the capital markets by an initial public offering of 59,12,100 equity shares of face value Rs 10 each through a 100 per cent ...
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Kotak Mahindra Asset Management Company has launched Kotak Global Emerging Market Fund, a three-year close-ended equity scheme which will invest in emerging economies across the globe through investments in the T. Rowe Price Global Emerging ...
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Some investors are understood to have used Friday’s corrective session to mop up GMR Infra shares as market talk over opening of a new revenue window from its Delhi airport project gained ground. Sources suggested that its indirect ...
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‘VAT may be positive in the coming quarters’
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ICICI Bank, Sterlite see sharp fall.
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