Online
|
|
BSE Announcements on Oracle Financ
Posted by :
MMB MessengerOracle Financial Services Software Ltd has informed BSE regarding a Press Release dated September 10, 2009 titled "TAIB Bank Uses Oracle Revelus to Accelerate Time to Basel II Compliance"...
NSE Announcements on Oracle Financ
Posted by : MMB MessengerOracle Financial Services Software Limited has informed the Exchange regarding a press release dated September 10, 2009, titled "TAIB Bank Uses Oracle Reveleus to Accelerate Time to Basel II Compliance". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
Oracle Financial Services Software Ltd expected to brake new 52 week high next trading days!!
Posted by :
gramc31Can the comment of OFSS reaching 2651 be supported by any technical analysis? I have observed a lag between sensex and the OFSS historical trend. But I am unable to share this optimism without any underlying news to support it....
Oracle Financial Services Software Ltd expected to brake new 52 week high next trading days!!
Posted by : GuestThere are no resistance levels in OFSS it`s alltime of Rs 2651, only small resistance at Rs 2150, however 2150 will be broken as a level within the enxt few trading days, opening a free ride towards 2600 level this month!! The last few days the stock has moved sideways and has made itself ready for the next move upwards in a another strong move upwards!!...
Further foreign investments due to liquidity in markets and devaluating Rupee.
Posted by : Guest
Foreign Institutional Investors are likely to invest more in India stocks due to a cheaper Rupee (for the moment) and increasing liquidity. Where US and Western European markets seem to top and currently seem more expensive, India offers an attractive alternative to an extreme non-mature market and therefore more volatile such as China. Stocks like Oracle Financial Services Software are clearly heaving momentum and will benefit.
Where September normally is a weak month, the start of the month September has shown it will be one to remember.... Do not miss out on this chance....
De-listing
Posted by : duttarnIn the last line on de-listing you have mentioned there are on plans. should we read it as there are no plans...
Oracle Fin Services plans big on India
Posted by : vishyram
Found this news from this moneycontrol site, OFSS quote page under latest news link.
Here is the link and article content
dot moneycontrol dor com/india/news/cnbctv18comments/oraclefinancialserviceskritikasaxena/oraclefinservicesplansbigindia/market/stocks/article/412800
---------------------------------------------
Oracle Fin Services plans big on India
Published on Wed, Aug 26, 2009 at 11:33 , Updated at Wed, Aug 26, 2009 at 16:12
Source : CNBC-TV18
Oracle Financial Services is betting big on its India plans and even has an acquisition underway. The Global CEO of the company addressed shareholders in a meeting today for the first time. CNBC-TV18’s Kritika Saxena reports on the exclusive.
Sources say this is the first time that the global chairman has addressed the shareholders. It is learnt that Oracle is expecting to see an increase in the revenue from its Indian business and is will go big on investments in India. Moreover, it is in talks with four large banks for its fund raising plans in the next one year, fund raising would start in next one-two quarters. More importantly, an acquisition has been planned and in the next 12-18 months, Oracle is looking at several geographies, several arenas for the acquisition but the exact valuation is slightly unclear.
Two large special economic zones (SEZs) are underway in Pune and Bangalore, which would be part of the expansion plans and a large investment would go into these two SEZs. Another point that the shareholders raised before the chairman was whether there were any plans to de-list Oracle, to which the company said there were on plans.
-----------------------------------------------------...
NSE Announcements on Oracle Financ
Posted by : MMB MessengerOracle Financial Services Software Limited has informed the Exchange regarding a press release dated September 01, 2009, titled "Oracle Financial Services Software Announces New Release of Oracle Mantas for Financial Crime Management". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on Oracle Financ
Posted by : MMB MessengerOracle Financial Services Software Ltd has informed BSE regarding a Press Release dated September 01, 2009 titled "Oracle Financial Services Software Announces New Release of Oracle Mantas for Financial Crime Management"...
Delisting will happen this year !! 2.
Posted by : GuestCurrently my frined, CURRENTLY!!...
Delisting will happen this year !! 2.
Posted by : Guest
Currently, though 25% stake of a company should be held by public, companies operating in sectors such as IT, infrastructure, telecommunications and media as well as state-run firms are exempted.
...
Delisting will happen this year !! 2.
Posted by : Guest
Public To Own 25% Stake In All Indian Listed Companies- FM
21 Aug, 2009 @ 12:40 am ET | written by RTT News
RTTNews - India`s Finance Minister Pranab Mukherjee has approved a plan, which proposes that at least 25% shares should be owned by public in all listed public sector companies and private companies, starting as early as April 2010, reported the Economic Times. This includes investment and financial institutions. The government and the market regulator believes that the investors could have a widened choice of stocks to pick from following the implementation of the new proposal.
Mukherjee said that the government-owned and private companies in which the founders own more than 75% stake are required to offload 5% per annum till the public owned shareholding becomes 25%.
The new rules will affect public sector companies like Steel Authority of India Ltd, Minerals and Metals Trading Corp., National Mineral Development Corp., and State Bank of Mysore that have government shareholding of above 75% stake. Also private companies in which the founders own more than 75% stake such as Puravankara Projects, Ackruti City, Wipro, Jet Airways, Nirma and Novartis will be impacted.
About 150 big firms in which promoters own more than 75%, including 25 state-owned enterprises could together raise nearly Rs.1.5-lakh crore at current market prices, including about Rs.1.2-lakh crore by the 25 government-run firms. The proposed plan was announced by the finance minister in the union budget.
The government proposed the plan to widen the investor base, improve liquidity and reduce scope for manipulation, the Corporate India opposed it as it compels promoters with large shareholdings to offload their stakes below 75%.
According to a top SEBI official, the market regulator backs the proposal and insisted that there should be no discrimination between the public and private sector companies when it comes to implementation. Currently, though 25% stake of a company should be held by public, companies operating in sectors such as IT, infrastructure, telecommunications and media as well as state-run firms are exempted.
...
Delisting will happen this year!! 1.
Posted by : Guesta2k2bug, evreytime you are putting small retail traders on he wrong foot, why6 do you do this. Since two month no message, and than suddenly out of the blue a meaningless remarks, which is wrong as well from an EPS stand point. At 1800 EPS is around 15 with the latest Q1 figures, so why push people out, while the stock still has great momentum?? Three years ago, Oracle was willing to pay 2100 Rs. for the reamaing stock, today the company is already worth twice that price if you take for example he discounted cash method. Think twice before you write. ...
likely to correct to 1500levels & below
Posted by : a2k2bugReason no specific announcement of Delisting. This will make stock get rerating to P/E of 14. ...
NSE Announcements on Oracle Financ
Posted by : MMB MessengerOracle Financial Services Software Limited has informed the Exchange that the Annual General Meeting of the Company was held on August 25, 2009 wherein the members of the Company : 1) Adopted the Audited Balance Sheet as on March 31, 2009, the Profit and Loss Account for the year ended on that date and the Reports of the Board of Directors and the Auditors thereon. 2) Re-appointed Mr. William T. Comfort, Jr.,, Mr. N R Kothandaraman (N R K Raman) and Mr. Derek Williams as directors liable to retire by rotation. 3) Appointed M/s S. R. Batliboi & Associates, Chartered Accountants as Statutory Auditors of the Company from the conclusion of this AGM till conclusion of next AGM. 4) Authorized the Board of Directors to appoint Branch Auditors of the Company. 5) Appointed Ms. Dorian Daley as Director liable to retire by rotation....
