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Adhunik Metaliks raises Rs 137 cr via QIB issue 20-NOV-09
Steel products maker Adhunik Metaliks today said it will raise over Rs 137.13 crore by issuing around 1.39 crore shares to qualified institutional buyers (QIB).
 
Bharati to go by Sebi norms on Great Offshore offer 20-NOV-09
Bharati Shipyard (BSL) today said it would abide by the guidelines issued by the market watchdog Securities and Exchange Board of India (Sebi) on the Great Offshore open offer.
 
SRS Cinemas to invest Rs 50 cr by March 2010 20-NOV-09
Theatre chain SRS Cinemas today said it will invest Rs 50 crore for adding 21 screens to its portfolio by the end of this fiscal, taking its total to 53 screens.
 
Galleon exits Edelweiss; sells 7% stake for Rs 255.54 cr 20-NOV-09
Galleon Group LLC, the US hedge fund whose founder Raj Rajaratnam has been charged with insider trading, has exited domestic brokerage firm Edelweiss Capital by selling entire 7.02 per cent stake in the company.
 
Suzlon Energy's three promoters pledge 2.8 cr shares 20-NOV-09
Wind power turbine maker Suzlon Energy today said its three promoters have, in total, pledged a further 2.80 crore shares, taking the total shares pledged by the company's promoters to 28.28 per cent.
 
Disinvestment of 4 PSUs likely to be completed in two months 20-NOV-09
Disinvestment process in four public sector undertakings is likely to be completed over the next two months, a top government official said today.
 
Tata Steel completes $546-mn exchange offer for CARS 20-NOV-09
Tata Steel has sold $546.9 million (around Rs 2,550 crore) of new 2014 convertible bonds to cut its funding cost for overseas acquisition.
 
Price Waterhouse auditor moves SC, seeks bail 20-NOV-09
Price Waterhouse auditor Srinivas Talluri, arrested in Satyam fraud case for allegedly conniving with its founder B Ramalinga Raju and other aides, has moved the Supreme Court seeking bail in the matter.
 
Air India pilots defer strike by six days 20-NOV-09
Air India pilots, protesting management's moves to cut their salaries and allowances, today deferred their strike threat from November 24 by six days, even as the conciliation talks remained inconclusive.
 
HPCL-led consortium holds petrochem complex at Vizag 20-NOV-09
State-run oil refiner Hindustan Petroleum Corporation (HPCL)-led consortium has temporarily put on hold its proposed Rs 30,000 crore petrochemicals complex at Visakhapatnam, a top official said today.
 
Vodafone seeks time till Jan for tax claim reply 20-NOV-09
UK-based mobile major Vodafone has sought an extension until January 29 next year to reply to a tax claim notice issued last month by the Income-Tax department, the Lok Sabha was informed today.
 
Srei consortium bags 57% DPSC stake 20-NOV-09
India Power Corp (IPCL), a consortium promoted by Srei Infrastructure Finance and Bhaskar Silicon, has emerged as the higest bidder to acquire 57 per cent stake in Dishergarh Power Supply Corp (DPSC).
 
ICICI, HUL among world's best companies for leaders 20-NOV-09
Indian private sector lender ICICI Bank and global consumer goods giant Unilever's India-based subsidiary Hindustan Unilever (HUL) have been named in a list of world's 10 best companies for leaders.
 
SC notice to GSK Consumer on Heinz India's plea 20-NOV-09
The Supreme Court today issued a notice to Glaxo Smithkline Consumer Healthcare in a case relating to the advertising war between two popular health drink brands Horlicks and Complan in India.
 
3M mulls launching car servicing centres by 2011 20-NOV-09
US-based diversified business firm 3M today said it is looking at entering the organised Indian car servicing business by 2011 to tap into the growing domestic passenger car market.
 
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