The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
Software shares lead gains
Futures expiry on Thursday may add to market volatility
US 'fiscal cliff' coupled with F&O expiry back home to weigh on sentiments
BSE-metals, real-estate, banks lead gains while ITdrop most
BSE-metals, real-estate, banks lead gains while IT, FMCG drop most
Banks, metals and realty shares gain
Index heavyweights, financials lead gains
The promoters currently hold 81.48% stake in the company, are likely to sell 16.5% stake in their hospitals chain via OFS and private placement route.
NSE F&O turnover over Rs 1.85 lakh crore
Hopes of BoJ easing supported risk-on sentiments
The bondholders have agreed to extend the date for negotiation for conversion/redemption or rollover of the FCCB which were due on December 4, 2012 to February 28, 2013
The offloading of 12.5% equity will help the company to meet the minimum public shareholding of 10%, as prescribed by SEBI.
The company has entered into an agreement with Forest Labs to develop novel mPGES-1 inhibitors to treat chronic inflammatory conditions, including pain.
The promoter group have sold 37.5 million shares today for a total consideration of approximately Rs 63 crore.
The shareholders approved issuing of 27.1 million shares amounting of Rs 200 crore to the exiting promoter group on preferential basis.
The total cost of the projects is Rs 230.98 crore and the company?s share in the total value of the contract is 60% i.e. Rs 138.59 crore.
The stock hit a high of Rs 955 and low of Rs 930 on the National Stock Exchange.
Meanwhile, the company is reported to be the sole bidder for the proposed mega-container terminal project at the Chennai port
The board has given in-principle approval to divest its holding in subsidiary firm Binani Cement by up to 40%.
The stock trades at Rs 925, a 23% premium against its issue price of Rs 750 per share in the pre-open bidding on the National Stock Exchange (NSE).