Trading members are requested to take note that the following 49 companies have failed to comply with various provisions of the Listing Agreement upto quarters ended June 2011. Sr. No. Scrip Code Company Name 1 506267 Assam Petrochemicals Ltd 2 532645 Beeyu Overseas Ltd 3 526652 Cals…

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The Subhash Chandra-promoted Essel Group has raised its stake in IVRCL to 12.27 per cent by purchasing an additional 2.08 per cent stake from the open market, upping the ante for the battle to gain control over the Hyderabad-based infrastructure firm. The Essel Group now owns more stake …

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MUMBAI: The Subhash Chandra-controlled Essel Group’s move to mount a hostile bid on IVRCL, a Hyderbad-based infrastructure player, has put the spotlight on companies in which promoter holdings are precariously low. …

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Real estate major Parsvnath Developers may soon be able to reduce a significant chunk of its debt, thanks to certain corporate giants showing interest in buying a prime piece of property it owns in the national capital. The Sahara Group is engaged in discussions with Parsvnath to buy its…

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State-owned oil firms are pushing for at least Rs 3 per litre hike in petrol price from April 1 to cover part of the spike in cost of raw material. “We are losing Rs 6.43 per litre on petrol and after adding 20% sales tax, the desired increase in rates in Delhi is Rs 7.72 per litre…

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Some of the leading foreign institutional investors (FIIs) are telling clients not to take any new positions in Indian shares till clarity emerges on norms related to the taxation of indirect transfers of assets and General Anti-Avoidance Rule (GAAR) in the Finance Bill. Hong Kong-based …

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Even while Rs 64,000 crore worth of investor money has been blocked in companies suspended from trading by stock exchanges, the Bombay Stock Exchange (BSE) has only made it difficult for retail investors to exit from more companies. BSE has suspended 49 companies from trading on its platf…

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Experts look for answers on how the ‘horrendously expensive’ Tatra got approved year after year The electrifying revelation by Chief of Army Staff General V K Singh that he was offered a bribe of Rs 14 crore — apparently to sanction the purchase of 600 Kolos Tatra high-mobility veh…

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By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 rebounded from its worst week so far this year to retake a four-year high on Monday after Federal Reserve Chairman Ben Bernanke signaled supportive monetary policy will remain even though the job picture has begun to im…

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Asian shares edged up on Monday, finding some support after losing ground last week on fears of the impact of an economic slowdown in China, and the euro held near a three-week high. Commodity-linked currencies such as the Australian dollar steadied after a hammering last week on concern…

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