Religare Finvest Limited today, issued Compulsorily Convertible Debentures (CCD’s) for Rs. 100 Crores to Standard Chartered Bank, Mauritius. These CCD’s would convert into equity of Religare Finvest Limited to the extent of 40% at the end of 13 months and balance at the end of 25 mont...
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Religare Finvest issues CCD’s for Rs 100cr
Posted on: Tuesday, June 24th 2008 and is filed under Press Releases.
Intraday calls for 24-06-08
Posted on: Tuesday, June 24th 2008 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.
Markets likely to open flat. Buy SRF and Hindustan Dorr-Oliver once markets show an upmove. ...
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Tata Power’s net profit up by 24.84% at Rs 869.90cr
Posted on: Monday, June 23rd 2008 and is filed under Press Releases.
The Tata Power Company Limited, India’s largest integrated private power company, today announced its Annual Results for the financial year ended 31st March 2008. FINANCIAL HIGHLIGHTS- FY08: For the Financial Year Ended 31st March 2008, Tata Power reported revenues at Rs.5915.91 Crore...
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JK Tyre acquires Tornel 100% shareholding for Rs 2700mn
Posted on: Monday, June 23rd 2008 and is filed under Press Releases.
JK Tyre & Industries Ltd., has acquired 100% shares of Tornel, the Mexican Tyre company, along with its subsidiaries, for Rs. 2700 million. The acquisition has been made through Special Purpose Vehicle (SPV) route, which has been financed through a combination of equity and debt. The...
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Tech Mahindra partners with Telecom New Zealand
Posted on: Monday, June 23rd 2008 and is filed under Press Releases.
Tech Mahindra, India’s 6th largest software exporter, today announced a partnership with Telecom New Zealand (known as Telecom) to work together to deliver the Next Generation Telecom (NGT) retail transformation program. This Next Generation Telecom program will redefine Telecom New Zea...
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Spanco Respondez partners with MRS Associates
Posted on: Monday, June 23rd 2008 and is filed under Press Releases.
Spanco BPO Ventures Ltd, the BPO division of Spanco Telesystems today announced their partnership with MRS Associates Inc. a USD 32 million revenue debt collections agency. The partnership is expected to achieve revenue of over USD 100 mn in the next 2 years. Spanco Respondez would provid...
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Atul’s operating revenues at Rs 1014cr, growth of 11%
Posted on: Monday, June 23rd 2008 and is filed under Press Releases.
During the year ended March 31, 2008 the operating revenues crossed an important milestone of Rs 1000 crores; at Rs 1014 crores they recorded a notable growth of 11% despite appreciation of Rupee by 12% which adversely impacted export sales realization. Domestic sales grew by 20% and expo...
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Deutsche increase stake in ICSA to 5.08%
Posted on: Monday, June 23rd 2008 and is filed under Press Releases.
ICSA (India) Ltd, the fastest growing company in the power sector has witnessed the Foreign Institutional Firm Deutsche Securities Mauritius Limited, along with its Persons acting in concert, increased their stake in the company to 2237737 shares (5.08%) through open market purchase. “...
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Suashish Diamonds to invest Rs 150cr in new facility
Posted on: Monday, June 23rd 2008 and is filed under Press Releases.
Suashish Diamonds Ltd is planning to invest about Rs. 150 Crores in setting up a new state-of-the-art manufacturing facility at Mumbai’s Santacruz Electronic Export Processing Zone (SEEPZ). The investments will be made through the company’s wholly owned subsidiary Suashish Jewellery L...
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Intraday calls for 23-06-08
Posted on: Monday, June 23rd 2008 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.
Markets to remain weak. Short sell: Jaiprakash Associates and Aurobindo Pharma on any rise. ...
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