Dr Reddys & Argenta Discovery progress pre-clinical anti-inflammatory candidate to treat chronic respiratory disease

Published in November 26th, 2007
Posted by webmaster in Market News
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Dr Reddys Laboratories Ltd has announced that Argenta Discovery Ltd, the respiratory drug discovery and development Company, and the Company, on November 26, 2007 announce a major milestone in their development programme targeting a novel disease-modifying approach to treat the underlying cause of certain chronic respiratory diseases including chronic obstructive pulmonary disease (COPD) and severe [...]

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Reliance sells 4.01% of RPL’s reliance petro shares for Rs 4,023 cr

Published in November 26th, 2007
Posted by webmaster in Market News
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Reliance Petroleum Ltd (RPL) has announced that Reliance Industries Ltd (RIL) has sold 18.04 crore equity shares, representing 4.01% of the equity share capital of Reliance Petroleum Ltd (RPL) out of its’ holding of 75%. The aggregate sale consideration is Rs 4,023 crore.
After this sale, the shareholding of RIL in RPL is 70.99%.

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Walchandnagar Industries Board recommends Dividend, Bonus Issue & Sub-division of Shares

Published in November 26th, 2007
Posted by webmaster in Bonus Issue, Dividend, Market News
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Walchandnagar Industries Ltd has announced that the Board of Directors of the Company at its meeting held on November 25, 2007, inter alia, has transacted the following:
1. Recommended special ‘Centenary Dividend’ of 100% on the equity shares of Rs 10/- each i.e. dividend of Rs 10/- (Rupees Ten only) per share, as the Company is [...]

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Hexaware Technologies to take US$ 25 million Forex loss

Published in November 26th, 2007
Posted by webmaster in Market News, US Markets
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Hexaware Technologies Ltd on November 26, 2007 reported that its Board of Directors has appointed a special committee to conduct an internal investigation and make recommendations for changes to its foreign exchange management practices. This action is due to certain actively concealed and potentially fraudulent foreign exchange Option transactions conducted by one Hexaware official. The [...]

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mundra port ipo allotment | listing price

Published in November 26th, 2007
Posted by webmaster in IPO, IPO Allotment Status, IPO listing Date
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You can now check mundra ports & SEZ ipo allotment status at registrar site Here
Listing Date:mundra ports & SEZ : 27 Nov 2007
Exp Listing Price: 950 - 1000

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Airbus signed contracts of 160 commercial passenger jets with China worth $14.8 Billion

Published in November 26th, 2007
Posted by webmaster in US Markets
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Airbus announced today that it signed contracts to sell 160 commercial passenger jets to China in a deal worth around $14.8 billion. The assembly line in the Chinese city of Tianjian is due to deliver its first aircraft in early 2009. The plant is expected to be able to produce four A320s a month by [...]

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