| FII-TO-FII: Union Bank traded at 3% premium | 24-NOV-09 |
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| Trades between FIIs generated a volume of Rs 8.69 crore on the BSE Monday-an decrease of 65.55% from Rs 25 crore clocked on Friday. As many as five stocks witnessed trades of 1.42 lakh shares on Monday. |
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| FII-TO-FII TRADES: PNB traded at 4% premium | 21-NOV-09 |
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| Trades between FIIs generated a volume of Rs 75 crore on the BSE Friday-an increase of 33.49% from Rs 56 crore clocked on Thursday. As many as eight stocks witnessed trades of 13 lakh shares on Friday. |
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| FII-TO-FII: Grasim Ind traded at 4% premium | 17-NOV-09 |
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| Trades between FIIs generated a volume of Rs 63 crore on the BSE Monday-an decrease of 12% from Rs 72 crore clocked on Friday. As many as four stocks witnessed trades of 9.14 lakh shares on Monday. |
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| UltraTech board okays merger | 16-NOV-09 |
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| Samruddhi Cement, a wholly-owned subsidiary of Grasim Industries, is all set to merge with UltraTech Cement, Grasim’s other subsidiary, on July 1, 2010. The merger, to be completed by September, will result in the world’s 10th largest cement maker. |
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| FII-TO-FII TRADES: PNB traded at 6% premium | 13-NOV-09 |
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| Trades between FIIs generated a volume of Rs 52 crore on the BSE Thursday-an decrease of 30.81% from Rs 75 crore clocked on Wednesday. As many as five stocks witnessed trades of 13 lakh shares on Thursday. |
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| 'Arbitrator cannot properly deal with malpractice allegations' | 09-NOV-09 |
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| The Supreme Court (SC) has stated when there are serious allegations of malpractices and manipulation of accounts of a firm, the dispute cannot be properly dealt with by an arbitrator. It would be appropriate to let the civil court decide. In this case, N Radhakrishnan vs M/s Maestro Engineers, partners in the firm split and one of them wanted his share to be paid after resignation. However, there were disputes on the amounts due. The partner wanted arbitration which was denied by the district court. He appealed to the SC which dismissed his plea. It said when there are allegations of manipulation of accounts, fraud, misrepresentation and similar charges, it would not be proper to refer all these to an arbitrator. Therefore, the case was remitted to the civil court in Coimbatore. |
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| FII-TO-FII TRADES: PNB traded at 6% premium | 05-NOV-09 |
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| Trades between FIIs generated a volume of Rs 107 crore on the BSE Wednesday-an decrease of 57.09% from Rs 249 crore clocked on Tuesday. As many as six stocks witnessed trades of 28 lakh shares on Wednesday. |
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| FII-TO-FII TRADES: PNB traded at 6% premium | 30-OCT-09 |
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| Trades between FIIs generated a volume of Rs 42 crore on the BSE Thursday-an increase of 19.35% from Rs 35 crore clocked on Wednesday. As many as five stocks witnessed trades of 8.11 lakh shares on Thursday. |
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| Concrete move | 12-OCT-09 |
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| Grasim Industries’ decision to restructure its cement assets into a separately listed entity, with the ultimate aim of merging it with UltraTech’s cement business, is seen in a positive light. However, while the deal looks beneficial from a long-term perspective, analysts believe that there are no immediate gains. But, they expect shareholders of UltraTech Cement to gain marginally from a possible re-rating in the near-term. |
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| FII-TO-FII TRADES: PNB traded at 4% premium | 09-OCT-09 |
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| Trades between FIIs generated a volume of Rs 83 crore on the BSE Thursday-an increase of 3.89% from Rs 80 crore clocked on Wednesday. As many as five stocks witnessed trades of 13 lakh shares on Thursday. |
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| Share market not impressed at Grasim cement demerger | 06-OCT-09 |
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| The share price of cement major Grasim Industries fell by 7.1 percent or Rs 191.7 to close at Rs 2,509 on the Bombay Stock Exchange (BSE) today, as the cement business demerger formula of the company did not go well with market players. The key benchmark equity index, the Sensex, was down 1.56 percent. |
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| Grasim to shift cement assets to subsidiary | 04-OCT-09 |
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| Grasim Industries of the Aditya Birla Group will merge its cement businesses with its subsidiary, UltraTech, to create the country’s largest standalone cement company. As a first step, Grasim today said that it will demerge its cement business and transfer it to a new subsidiary called Samruddhi Cement. In the next stage, Samruddhi will be merged with UltraTech. |
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| Grasim to demerge cement business | 03-OCT-09 |
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| Aditya Birla Group firm Grasim Industries today said it will demerge its cement business into another group company, Samruddhi, as part of a restructuring plan. |
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Content Guide
