First Carlyle open offer for 20 pc stake in Allsec
First Carlyle Ventures Mauritius (FCVM), a global private equity firm belonging to the Carlyle Group, has made an open offer to acquire a 20 per cent stake in Chennai-based Allsec Technologies, a contact centre and third-party voice-based ...
Wealth management product from Birlasoft
The product will profile its customers, assess their risk profile, perform a portfolio analysis and provide necessary recommendations.
PTL rejects arbitration
Resolution of dispute with Swaraj Mazda
Guarantee on capital, not returns
It is curious that Capital Protection Oriented Schemes have been singled out for prohibition against promising a guaranteed return as well.
Escorts to divest stake in Carraro
Escorts today said that it would sell its 49 per cent shareholding in Carraro India to joint venture partner Carraro S.p.A. of Italy for 20 million euros. The funds would be utilised to repay part of the company's debt and reduce interest ...
Sagar Cements plans pref offer
The board of directors of Sagar Cements Ltd at its meeting on Wednesday decided to issue 18,50,000 convertible warrants of Rs 82 each on a preferential basis to identified persons in the promoter group. However, the decision ...
Proposed excise cut `breather' for auto cos
Input cost pressure could impact margins of wiring harness company Motherson Sumi Systems adversely, say analysts. The stock, which has lost ground by 5 per cent over the past week, has remained range-bound for over a month. The ...
NCL Ind approves Deloitte's valuation
The board of directors of NCL Industries Ltd on Wednesday approved the recommendations of Deloitte Haskins and Sells, Chartered Accountants, on the share exchange ratio for the proposed amalgamation of NCL Energy Ltd with the ...
Wednesday's trading activity witnessed volatile movement. However the sentiment reading of the tradable counters remains bullish. Bear move on Thursday is likely to change the sentiment reading in their favour. On the contrary, the prevailing ...
Markets end on positive note; remain range-bound
It was an uneventful day at the markets on Wednesday. The Sensex, now at a three-month high, ended in the positive territory for the fifth straight trading session. However, the gains were only marginal, with the index remaining range-bound ...
ACE plans overseas acquisition
Plans IPO to fund new plant in Faridabad
Voltamp Transformers IPO subscribed 17.65 times
The initial public offering (IPO) of Voltamp Transformers Ltd was subscribed 17.65 times at the close of issue. Bids were received across the price band of Rs 295 - Rs 345 with a face value of Rs 10 per share. Bids received totalled 8.6 ...
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