Jul 16, 2014 at 22:20 | Source: Moneycontrol.com
South Indian Bank in its meeting held on July 16, 2014, has decided to augment the paid-up capital by issue of equity shares not exceeding Rs. 20 crores in nominal value through Qualified Institutional Placement (QIP). The price and time of the issue will be intimated in due course.
Jul 16, 2014 at 12:15 | Source: Reuters
UBS says HDFC could be impacted by more aggressive pricing on loans by banks, while competition to raise long-term bonds could push up long-term rates.
Jul 15, 2014 at 16:40 | Source: Moneycontrol.com
The 30-share BSE Sensex surged 221.67 points to 25228.65 and the 50-share NSE Nifty reclaimed 7500 level, up 72.50 points to close at 7526.65. The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices climbing over 2 percent each.
Jul 12, 2014 at 11:32 | Source: Moneycontrol.com
Bank of Maharashtra has made the allotment of 13,33,63,574 equity shares of Rs 10 each for cash at conversion price of Rs 44.09 per share including premium of Rs 34.09 per share aggregating to Rs 587,99,99,977.66 on conversion of PNCPS of Rs 588 crore held by Govt. of India, on Preferential basis to Government of India.
Jun 23, 2014 at 21:18 | Source: PTI
The sale of 5 percent stake or about 20.65 crore shares at the current market price would fetch the exchequer about Rs 1,900 crore.
Jun 13, 2014 at 20:56 | Source: PTI
LIC currently holds 7,34,20,914 shares, or 5.44 percent stake, in Central Bank of India. The price for preferential allotment may be determined as per SEBI Regulations, it said, adding, an Extra-Ordinary General Meeting of shareholders will be held on July 15, 2014 to pass this resolution.
Jun 02, 2014 at 11:31 | Source: Moneycontrol.com
Credit Suisse maintains outperform rating with a target price of Rs1,350 per share. The firm feels that new launches in UV segment in 2015 will help revive its market share while sentiment in rural India is unlikely to fall.
Jun 02, 2014 at 09:57 | Source: Moneycontrol.com
CLSA retains buy rating on the stock with a target price of Rs 1770 per share. The brokerage says stake sale in infrastructure arm IDPL and listing of REIT (real estate investment trust) are its near-term triggers.
May 31, 2014 at 12:12 | Source: Reuters
The 12 defendants have an 84 percent global market share and serve as counterparties in 98 percent of US spot volume, according to the lawsuit.
May 29, 2014 at 10:25 | Source: Moneycontrol.com
Deutsche Bank maintains sell on the stock with a target price of Rs 1850 per share. It says that the results were broadly in line with forecasts but is cautious on the two-wheeler sector as competitive intensity rises.