MARKETS
OPEN OFFERS
DHL to buy Blue Dart shares at maximum of Rs 550 a share
Blue Dart to convene EGM for the proposal
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FINANCIAL SERVICES
Enam into insurance broking
Enam Financials Consultants Pvt Ltd has decided to venture into the insurance broking business through Enam Insurance Broker Pvt Ltd. The new firm will offer insurance products to corporates and individuals in the life and the non-life insurance ...
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DIVIDEND ANNOUNCEMENT
Gokaldas Exports declares 30% dividend
Gokaldas Exports Ltd has declared a dividend of 30 per cent or Rs 3 per share of Rs 10 for the year ended March 31, 2006. The dividend for the previous year was 20 per cent. Mr Gaurav D. Hinduja was appointed the Chief Operating Officer - ...
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STOCKS
Nalco counter losing sheen
Muted production growth outlook, slipping alumina prices
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Varun Shipping dips on rate concern
Lower profits due to dry docking have been cited by some sections as one of the more compelling aspects of Varun Shipping's operations. The company, which has undertaken a large expansion plan during the past 12 months, has lately seen an ...
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Darbhanga Marketing cuts stake in Upper Ganges
The transactions have come at a time when Upper Ganges has concluded a rights issue of 45.5 lakh equity shares of Rs 10 each at a premium of Rs 140 a share, amounting to Rs 68 crore.
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Cosmo Films: Value pick
The stock of Cosmo Films has been gaining steadily; while it returned 4.3 per cent on over a week period, on a month-on-month basis, the stock returned 15 per cent. According to brokers, the stock has been seeing value buying from institutional ...
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TECHNICAL ANALYSIS
Bull run arrested
Thursday's trading activity arrested the bull run. The sentiment reading of the tradable counters was marginally bullish. Bear move on Friday is likely to change the sentiment reading in its favour. On the contrary, the prevailing bullish ...
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CREDIT RATING
CARE flags off IPO grading service
Rating agency CARE has flagged off its IPO grading service with an `IPO Grade 2' rating to Cambridge Technology Enterprise Ltd. The grading has factored in the experience of CTEL's promoters, competency of the senior management team, locational ...
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COMMENTARY
Auto, FMCG stocks shine on choppy day for markets
The markets witnessed a choppy session on Thursday after a sharp run-up over the past two weeks. Though the Sensex closed 29.1 points higher at 11,477.48, it declined sharply from the intra-day high of 11,551.59. The Nifty ended in the red, ...
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IPOS
Voltamp Transformers launches IPO
Offer opens on Aug 24, closes on Aug 29
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DLF IPO may take time
DLF's initial public offering (IPO) is unlikely to hit the market soon, according to industry sources. "The problem of rights issue of debenture for minority shareholders is yet to be resolved and hence, the IPO will not come soon," a market ...
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Orbit Corporation plans IPO
Real estate developer Orbit Corporation Ltd (OCL) has filed a draft red herring prospectus with SEBI for its initial public offering. The company proposes to offer 91 lakh equity shares of Rs 10 each for cash at a premium, to be decided through ...
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