HP agreed to buy EDS for USD 13.90 billion Hawlett Packard, has agreed to buy EDS for USD 13.90 billion or at $25 per share. The world’s largest personal-computer maker will buy technology outsourcing company Electronic Data Systems in all cash deal. On this news EDS stock was up 28% yesterday HP said the transaction [...]
Shipping Corporation Board to consider proposal for Bonus issue
Published in May 13th, 2008
Posted by webmaster in Bonus Issue
Shipping Corporation Board to consider proposal for Bonus issue Shipping Corporation of India Ltd has announced that the Board of the Company will consider the proposal for recommending the issue of Bonus Shares to the Administrative Ministry i.e. Ministry of Shipping, Road Transport & Highways, Govt. of India,
dish tv free set top box |dish tv now offers free set top box
Published in May 11th, 2008
Posted by webmaster in Market News
dish tv free set top box |dish tv now offers free set top box Dish Tv now started to offer free set top box from Saturday to every new subscriber and for every pack. The set-top box plan will be bundled with movies-on-demand worth Rs 2,490 to Rs 3,990 depending on the package. So why [...]
AIG World Gold Fund – New open ended Fund
Published in May 9th, 2008
Posted by webmaster in Mutual Funds
AIG World Gold Fund – New open ended Fund AIG Global Asset Management Company (India) has launched “AIG World Gold Fund” – an open ended Fund Scheme, which will invest in companies engaged in extracting, processing and marketing of gold. The primary investment objective of the Scheme is to provide long term capital appreciation by [...]
MIC Electronics Board to consider Sub-division of equity share
Published in May 9th, 2008
MIC Electronics Board to consider Sub-division of equity share MIC Electronics Ltd has announced that a meeting of the Board of Directors of the Company will be held on May 19, 2008, to consider and to decide the sub-division of face value of an equity share of Rs 10/- each of the Company into 5 [...]
Asian Paints Q4 cons net profit at Rs 94.52 cr
Published in May 9th, 2008
Posted by webmaster in Market News
Asian Paints Q4 cons net profit at Rs 94.52 cr Asian Paints has announced its fourth quarter numbers. It has posted consolidated net profit of Rs 94.52 crore as against Rs 63.92 crore in same period of last year and net sales of Rs 1,133.04 crore versus Rs 958.95 crore(YoY).
Dev Property Development Plc acquired by Indiabulls Real Estate Ltd
Published in May 8th, 2008
Posted by webmaster in Market News
Indiabulls Real Estate – Acquisition of 100% ordinary shares of Dev Property Development Plc. by Indiabulls Real Estate Ltd Indiabulls Real Estate Ltd has announced that in continuation of the intimation sent by the Indiabulls Real Estate Ltd (“Company”) on February 28, 2008 in relation to the proposed investment and / or purchase of up [...]
3i Infotech Acquired 26% stake in Locuz Enterprise Solutions Ltd (Locuz)
Published in May 8th, 2008
Posted by webmaster in Market News
3i Infotech Acquired 26% stake in Locuz Enterprise Solutions Ltd (Locuz) 3i Infotech Ltd has announced that the Company has acquired a strategic stake of 26% in M/s. Locuz Enterprise Solutions Ltd (Locuz) with a commitment to acquire remaining stake over a period.
Aishwarya Telecom IPO gray market price
Published in May 5th, 2008
Aishwarya Telecom IPO gray market price Aishwarya Telecom Gray market price: Rs 45 – Rs50 But if too much short position buildup on listing day then Aishwarya Telecom may cross Rs 55. Aishwarya Telecom entered the capital markets
Gokul Refoils and Solvent IPO |Gokul Refoils and Solvent IPO Details
Published in May 5th, 2008
Gokul Refoils and Solvent IPO |Gokul Refoils and Solvent IPO Details Gokul Refoils and Solvent is coming out with Initial Public Offering (IPO) of 71,58,392 equity shares of Rs10 each at a price band Rs175-195. IPO price band :Rs175-Rs195 per share IPO Dates: open on May 8, 2008 and will close on May 13, 2008. [...]
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