MARKETS
PREFERENTIAL ALLOTMENTS
Vipul offloads stake to Wachovia
Real estate player Vipul Ltd has offloaded its 14.95 per cent stake to financial institution Wachovia Corporation of the US for Rs 234 crore through preferential allotment. "The capital infusion through stake sale would help us ...
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STOCK MARKETS
Stretched valuations
Khan was comparing India's high growth rate against the US' low of 1.3 per cent. Who will win the ABN bank, Jogin was wondering. And Dakshinamoorthy was studying the reserve ratio hike of China... Till Sridevi drew them to the chat table. ...
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FOREIGN INSTITUTIONAL INVESTORS
ChrysCapital picks up Mankind stake
ChrysCapital on Saturday announced that it has picked up a minority stake in Delhi-based Mankind Pharma for $24 million. The company would utilise the investment to set up a new research and development facility for formulations ...
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INTERVIEW
`Index movements are relatively insignificant'
Competition brings out the best in you: ICICI Prudential
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OUTLOOK
Public issues may raise Rs 2,500 cr by June
Pricing will be key determinant, say merchant bankers
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Positive sentiment may continue
Will RBI intervene to smother the appreciation of rupee?
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