United Spirits has informed the Bombay Stock Exchange that the scheme of arrangement between Balaji Distilleries Ltd, Chennai Breweries Private Ltd, United Spirits Ltd and their respective shareholders and creditors has become effective from
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A2Z Maintenance and Engineering Services Ltd fell 18 per cent on its listing day to close at Rs 328.90 on the Bombay Stock Exchange (BSE) on Thursday, against the issue price of Rs
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IndianOil's follow-on public offering was the first casualty of the crude price spiral and has now been put off to 2011-12. Speculation is rife now that ONGC's issue may also face a similar fate if the subsidy-sharing formula is not finalised
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The offer by Nirma's promoters to mop up the public shareholding and voluntarily delist from the BSE and the NSE should offer an attractive exit opportunity for
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ING Vysya Bank signed an agreement with Angel Broking to offer online trading. This will give the bank's customers the facility to operate an integrated savings account, demat account and trading account on a single
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Though Tata Chemicals' foray into the branded pulses market may seem a surprising move for a company largely seen as the maker of industrial goods such as chemicals and fertilisers, the foray does have a strategic fit with its existing
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Reliance Securities, a part of Reliance Capital, announced on Tuesday that it has set up a call centre to provide customer centric
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Even as Mahindra Satyam is weighing options to merge with Tech Mahindra, minority shareholders of the trouble-hit IT services company have expressed concerns about their prospects if the merger happens
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I have shorted one lot of United Phosphorus at Rs 161 and Voltas at Rs 226. What is the best strategy? —
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Hero Honda shares on the BSE dropped 5.4 per cent on Wednesday to Rs 1,621.30, as reports of the Hero Group's split with joint venture partner Japanese automaker Honda Motor flowed
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Steel Strips Wheels (SSWL) announced on Monday that it has issued and allotted 3.77 lakh equity shares of Rs 10 each to South Korean company GS Global
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Amrita School of Business and Hedge Equities are jointly conducting a one-day workshop to spread financial literacy through a series of investor education seminars. The programme, ‘Gateway to Financial Freedom', will be held on December 17
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We recommend a buy in the stock of Provogue (India) from a short-term perspective. It is evident from the charts of the stock that after encountering resistance (October 2010 peak) around Rs 80 in early November, it started to decline. However,
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Officials of LIC and LIC Housing Finance were among the eight people accused by the CBI in the recent bribe-for loans case. The top management of LIC swung into action immediately, appointing a high-level committee to probe the
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Investors with medium-term perspective can consider buying the stock of Wipro (Rs 450), a leading software services and hardware
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