MARKETS
STOCKS
BHEL bonus saga comes a cropper
Sept 5-15 book closure is for dividend
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El Forge to raise stake in UK co
Chennai-based El Forge Ltd will raise its stake in Shakespeare Forgings Ltd, a UK-based company it acquired in July last year, it is learnt from sources close to the development. El Forge bought 74 per cent stake in the company for Rs 2.8 ...
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Cybermate to hike capital
Cybermate Infotek Ltd has informed the Bombay Stock Exchange that the members at the Annual General Meeting on August 7 decided to increase the authorised capital of the company from 1.5 crore shares of Rs 10 each to 4.5 crore ...
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Varun Shipping recommends issue of securities
The board of directors of Varun Shipping, which met on Monday, has recommended issue of various securities through domestic and international offerings up to an amount of Rs 2,500 crore. The board also recommended an increase in the limit of ...
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Bharati Shipyard back in focus
Market talk of Bharati Shipyard Ltd foraying into the business of building oil rigs is said to be renewing interest at this counter. The stock closed marginally weak on Monday at Rs 322.75 on the BSE. Trading volume improved to 24,630 shares ...
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Acquisition talk boosts Mercator
Mercator Lines ended 19 per cent higher on the BSE at Rs 39.90. Rumours of the company going in for a large-scale acquisition are said to be driving prices at this counter. As per market talk, the company is on the threshold of acquiring four ...
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TECHNICAL ANALYSIS
Bull domination
Bulls dominated Monday's trading activity. The sentiment reading of the tradable counters remains bullish. Bear move on Wednesday is likely to change the sentiment reading in its favour. On the contrary, the prevailing bullish sentiment is likely ...
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STOCK MARKETS
Shipping cos gain on firm freight rates
`One-time factor' may improve earnings outlook
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FOREIGN INSTITUTIONAL INVESTORS
SEBI slaps Rs 1-cr fine on Citigroup arm
The Securities and Exchange Board of India (SEBI) has adjudged that Citigroup Global Markets (Mauritius) Ltd (CGML), an affiliate of the global banking conglomerate Citigroup, be levied a penalty of Rs 1 crore. The adjudication and the ...
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INTERVIEW
`Asian market fundamentals look good'
We expect more stable returns in the market as we progress because now the valuations look very attractive and all the fundamental factors have been in place.
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COMMENTARY
All major indices end in positive territory
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ECONOMIC OFFENCES
CSE scam accused trial soon
Trial of the accused in the Calcutta Stock Exchange scam of March 2001 is likely to commence on September 11 before the Metropolitan Magistrate, Calcutta. In June the Calcutta Police filed a chargesheet naming all the accused who were arrested ...
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