After reports that stated that the bank’s promoters have begun talks with large private sector banks for a possible merger, it has finally declared to to merge with ICICI bank. Both have agreed to a share swap of 1:4.72. In terms of quantity, every 118 shares of BoR will get 25 shar…

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Incorporated in 2007, Jaypee Infratech Limited (JIL) is an Indian infrastructure development company engaged in the development of the Yamuna Expressway and related real estate projects.Jaypee Infratech Limited (JIL) is a part of the Jaypee Group and incorporated as a special purpose comp…

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Incorporated in 1988, Satluj Jal Vidyut Nigam Ltd (formerly Nathpa Jhakri Power Corporation Limited – NJPC) is a hydroelectric power generation company, originally established as a joint venture of the Government of India ( GOI ) and the Government of Himachal Pradesh (GOHP) to plan…

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Incorporated in 1988, Satluj Jal Vidyut Nigam Ltd (formerly Nathpa Jhakri Power Corporation Limited – NJPC) is a hydroelectric power generation company, originally established as joint venture between the central government and the Himachal Pradesh (HP) state government. The Center …

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The country’s two major exchanges, Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), will keep a special window open for trading in Gold ETFs (exchange traded funds) on ‘Akshaya Tritiya’ day on May 16. Historically, gold sales surge on ‘Akshaya Tritiy…

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The Bombay Stock Exchange (BSE) has announced Live Trading Session this Sunday, May 16, 2010, on auspicious occasion of Akshaya Tritiya. As per the BSE release, In continuation to our Notice No. 20100513-3 on the captioned subject, we are pleased to announce that in response to market fe…

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Meaning Open Interest also know as OI, is the total number of options and futures contracts that are not closed on a particular day. As you might be aware of volume in a particular stock in equity market, option trading involves the creation of a new option contract when a trade is place…

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Trades between FIIs generated a volume of Rs 396 crore on the BSE Monday-an increase of 282.18% from Rs 104 crore clocked on Friday. As many as six stocks witnessed trades of 39 lakh shares on Monday. Union Bank Of India was traded at highest premium of 5.14% on BSE with 2,100 shares cha…

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EU sets up massive euro750 billion eurozone/IMF defense package to protect euro against markets Raf Casert and Elena Becatoros, Associated Press Writer, On Sunday May 9, 2010, 10:10 pm BRUSSELS (AP) — The European Union and the International Monetary Fund pledged a massive nearl…

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AVOID, Indo Bonito incorporated on Sep. 29, 1994, originally started as a finance company under the name of Indo-Castle Finance. Subsequently, the company diversified into multimedia services and the name was changed to Indo Bonito Multinational Ltd …

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