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ING Vysya Bank QIP Issue at Rs310

Published in November 12th, 2007
Posted by webmaster in Bank News, Market News
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ING Vysya Bank Ltd has announced that based on the analysis of bids received from the qualified institutional buyers pursuant to the proposed issue of Equity Shares through qualified institution placement (”QIP”) under Chapter XIII-A of SEBI (Disclosure & Investor Protection) Guidelines 2000 and in consultation with Enam Securities Pvt Ltd, the Lead Manager,

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Indiaco Ventures - Acquisition of 20.83% stake in Laser Cosmetics

Published in November 12th, 2007
Posted by webmaster in Market News
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Indiaco Ventures Ltd has announced that the Company has acquired 20.83% stake in Laser Cosmetics Pvt Ltd in pursuance of authority given by the Board of Directors of the Company in the Board meeting held on October 26, 2007. The Company has also subscribed 25% in Preference Shares. All the formalities in this regard have [...]

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Reliance Industries awarded Oil and Gas Contract in Kurdistan Region of Iraq

Published in November 12th, 2007
Posted by webmaster in Market News
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Reliance Industries Ltd has announced that it has executed two Production Sharing Contracts with the Kurdistan Regional Government (KRG) covering petroleum exploration activities in the Rovi and Sarta Blocks in the Kurdistan Region of Iraq.
Under the terms of the contract, Reliance Exploration & Production DMCC, a wholly owned subsidiary of the Company, will serve as [...]

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Veer Energy To Issue Bonus Shares

Published in November 12th, 2007
Posted by webmaster in Bonus Issue
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Veer Energy & Infrastructure Ltd has announced that the Board of Directors of the Company at its meeting held on November 09, 2007, inter alia, has decided to issue Bonus Shares in the ratio of 9:5. [Every share holder holding 5 equity shares is getting 9 Bonus shares] subject to approval of members and the [...]

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IVRCL Acquires an Oil & Gas E&P Company

Published in November 12th, 2007
Posted by webmaster in Market News
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IVRCL Infrastructures & Projects Ltd has announced that the Company has entered into a Share Purchase Agreement on November 11, 2007 to acquire 100% shares of Alkor Petroo Ltd (Alkor)- an unlisted Oil and Gas E&P Company.
Alkor had five exploration blocks in the Republic of Yemen and Arab Republic of Egypt along with Gujarat State [...]

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