Sep 30, 2014 at 16:22 | Source: PTI
Intensifying the battle for acquisition of Vijay Mallya's fertiliser firm, Deepak Fertilisers on September 26 had raised its open offer price to Rs 93.60 per share after which rival Zuari group in association with MCFL'S original promoters UB group, also raised their offer price to Rs 81.60 per share.
Sep 29, 2014 at 20:52 | Source: Moneycontrol.com
Rival Talwalkars, despite having a net block of over Rs 400 crore, is discounted modestly 15 times its earnings. Compared to Talwalkars P/E, Powerhouse Fitness's valuation looks absurd.
Sep 29, 2014 at 19:10 | Source: PTI
The Securities and Exchange Board of India (Sebi) said "in cases where any litigations are pending against the defaulter member, the residual amount, if any, may be retained by the stock exchange until such litigations are concluded".
Sep 29, 2014 at 14:14 | Source: Moneycontrol.com
Jyoti Structures Ltd has informed BSE that a Committee of the Board of Directors by Resolution dated September 29, 2014, has allotted 2,33,87,018 Equity Shares of Rs. 2 each to eligible Qualified Institutional Buyers pursuant to the provisions of Chapter VIII of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009.
Sep 29, 2014 at 08:44 | Source: PTI
Prior to Uniparts India and PNC Infratech, seven firms - Lavasa Corp, Adlabs Entertainment, GMR Energy, Rashtriya Ispat Nigam Ltd, Sharda Cropchem and Monte Carlo Fashions - have filed draft IPO papers with Sebi so far in 2014.
Sep 27, 2014 at 10:56 | Source: Moneycontrol.com
Sakthi Sugars has informed that Madras Stock Exchange (MSE) vide their letter June 12, 2014 has informed the company that consequent to their voluntary de-recognition and exit as a stock exchange as per the circular dated May 30, 2012 issued by SEBI, had given the company an option to delist company's equity shares from MSE.
Sep 26, 2014 at 22:05 | Source: Moneycontrol.com
IDBI Bank at its meeting held on September 26, 2014, has approved the proposals, Infusion of additional capital of Rs. 58.34 crore by way of equity in IDBI Asset Management Ltd. (lAML), Banks Subsidiary Company, to meet the growth requirements of lAML besides maintaining net worth as stipulated by SEBI.
Sep 26, 2014 at 18:05 | Source: PTI
Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvITs), whose norms were approved by the regulator in August, would get tax incentives.
Sep 25, 2014 at 17:25 | Source: Moneycontrol.com
Every mutual fund house is backed by a sponsor, who is in effect the promoter of the fund house. Securities and Exchange Board of India (SEBI), which regulates the mutual fund industry looks into the credentials of the promoter (which is usually a financial institution) before granting permission to start a fund house.
Sep 24, 2014 at 21:28 | Source: Moneycontrol.com
Pushpsons Industries Board Meeting held on August 08, 2014 with regard to the Voluntary Delisting of the Equity Shares of the Company in accordance with the provisions of Chapter VII of the SEBI (Delisting of Equity Shares) Regulations, 2009 the Board of Directors in their meeting held on September 22, 2014.