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Sensex up 420pts; Reliance Infra gains 8%

Posted on: June 10th 2009 in Market News.

The Sensex continues to exhibit sideways movement and has touched a high of 15,561, up 434 points from the previous day’s close. The Sensex is now at 15,547, up 420 points.The BSE Metal and Power index lead the rally, up 4% each at 11,861 and 3,077, respectively. Reliance Infrastru…

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Rel Infra seeks shareholder nod for raising Rs 4,300 crore

Posted on: May 26th 2009 in Stock News.

MUMBAI: Anil Ambani group entity Reliance Infrastructure today said it has sought shareholder approval for raising up to Rs 4,300 crore through preferential allotment of shares to promoters and issuance of securities to qualified institutional buyers. In a filing to the Bombay Stock Exc…

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