MUMBAI: Equities witnessed a dull trade Wednesday as investors chose to stay away in a directionless market. Metal and realty space ended higher while healthcare closed marginally lower. National Stock Exchange’s Nifty ended at 2803.05, up 19.15 points or 0.69 per cent. The broader inde…

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HYDERABAD: In an ironic twist to the ongoing Satyam saga, a clutch of front firms promoted by the founder of Satyam Computer Services, B Ramalinga Raju, and his family, have demanded repayment of Rs 1,230 crore that they lent to the software firm. A senior police official, who is a part o…

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Highest bid may be benchmark for Satyam open offer price by SEBI – BL Eicher Motors buy back at Rs 691.8/sh (Very Imp, it’s at fixed price of Rs 691.8, CMP Rs 226. This is the same price at with 8.1% stake was sold to Volvo, buy back opens on March 12, closes on March 26). …

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MUMBAI: The list of Indian promoters, who have mortgaged their equity holding to raise funds, is growing by the day. Nearly 10 companies on Tuesday provided the stock exchanges with details of shares pledged by their promoters. Balaji Telefilms, Hind Syntex, Aban Offshore, Bhuwalka Steel…

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New Delhi: The country’s integrated financial services provider Religare is believed to be in talks with premier football club Manchester United for a sponsorship deal estimated to be worth more than Rs 100 crore per year. Religare is in talks with Manchester United to become its In…

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HONG KONG: Asian shares and investment grade bonds look very cheap on paper, but may not yet attract foreign investors, suggesting there is more downside to markets before a solid recovery. The worst global crisis in a lifetime has shown up Asia’s vulnerability as a region built on …

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CALL CLOSED (LONG TERM INVESTORS – HOLD IT) Buy Arshiya International on dips. It is traded on the BSE. Current market price: 70, long term target: 140. PE – 19.40. Book value: 80. Arshiya International Ltd is an Indian headquartered multinational company with offices spanni…

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Stocks in news: Indian ADRs: Satyam up 6%, Tata Motors down 5%, ICICI Bank down 3%, HDFC Bank down 1% SEBI Chairman says -Listed Cos Must Declare Dividends On Per Share Basis -Timeline For Bonus Issues To Be Reduced …

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MUMBAI: India’s stock market regulator SEBI said on Monday it would amend its regulations after it was approached by Satyam Computer Service’s government-appointed board for some exemptions from open offer rules, but gave no timeframe. “We will amend our regulations thro…

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Sends team to discuss share auction with Sebi today Satyam board to sell stake via auction.Firming up plans to acquire 51 per cent stake in scam-tainted Satyam Computer Services, industrialist B K Modi-controlled Spice Group is sending a team to start negotiations. …

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