Fresenius Kabi

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48 private companies likely to sell shares worth $1.8-billion by June

May 21, 2013 at 17:12 | Source: The Hindu BusinessLine

New Delhi, May 21: As many as 48 private sector companies are expected to offload shares worth about $1.8 billion (about Rs 9,900 crore) in the next five weeks to meet the minimum public holding of 25 per cent. According to a report by Bank of Ameri...

48 private companies likely to sell shares worth $1.8 bn by June

May 21, 2013 at 17:05 | Source: Economic Times

NEW DELHI: As many as 48 private sector companies are expected to offload shares worth about $1.8 billion (about Rs 9,900 crore) in the next five weeks to meet the minimum public holding of 25 per cent. According to a report by Bank of America Merri...

Photo finish on public holding rule

May 19, 2013 at 21:22 | Source: The Hindu BusinessLine

May 19, 2013: How easily the best-laid plans of Indian regulators go awry. A good case study on this is the minimum public shareholding rule, the 2010 brainchild of the Finance Ministry, the deadline for which is coming up in just a few weeks.Notifi...

‘Stop “mass approval” for FDI in Indian drug companies’

May 13, 2013 at 22:21 | Source: The Hindu BusinessLine

New Delhi, May 13: Unhappy with the “mass approval” given by the Foreign Investment Promotion Board (FIPB) for foreign investments in existing Indian pharmaceutical companies, the Department of Industrial Policy and Promotion has decided...

Fresenius comes with delisting offer for Indian arm, may cost up to $72M

Apr 18, 2013 at 16:00 | Source: VC Circle

Delisting offer is pursuant to the approaching deadline to meet minimum public listing norms by June end. German healthcare firm Fresenius has made a delisting offer for its Gurgaon-based pharmaceutical arm Fresenius Kabi Oncology Ltd, to acquire the...

Fresenius Kabi surges on delisting proposal

Apr 17, 2013 at 22:52 | Source: The Hindu BusinessLine

Chennai, April 17: The stock of Fresenius Kabi Oncology surged 5.63 per cent to Rs 134.20 after the company informed the exchanges about parent's delisting proposal. Fresenius Kabi (Singapore), promoter of the company, revealed its intention to make...

Sensex ends flat; Reliance, HDFC, TCS top losers

Apr 17, 2013 at 20:57 | Source: DomainB

The Nifty took a breather today after surging close to two percent yesterday. The rally which started on Monday post 40-month low inflation data came to halt today on profit booking. Gold, crude prices also stabilized after hitting multi-month lows ...

Promoters want to delist Fresenius Kabi Oncology from bourses

Apr 17, 2013 at 20:17 | Source: The Hindu BusinessLine

New Delhi, Apr 17: Fresenius Kabi (Singapore) Pte Ltd is planning to delist its Indian arm Fresenius Kabi Oncology (FKOL) by buying out 19 per cent stake held by the public.The company has received a letter from Fresenius Kabi (Singapore) Pte Ltd (F...

FMCG and IT stocks top the list of mid-cap gainers

Mar 20, 2013 at 17:11 | Source: Economic Times

In the last two months, many mid cap stocks have been hammered by the Street on account of sustained selling by domestic institutional investors and lack of retail participation. Over-leverage, weak corporate governance and pledging of shares by the...

Parenteral Drugs to sell Goa unit to Fresenius Kabi for $36.8M

Mar 15, 2013 at 16:00 | Source: VC Circle

Public-listed Parenteral Drugs India Ltd has entered an agreement with Fresenius Kabi India Pvt Ltd to sell one of its domestic pharmaceutical manufacturing units located in Goa for Rs 200 crore ($36.78 million). The plant, which was under its ...

Parenteral Drugs stock hits 52-week high

Mar 15, 2013 at 11:17 | Source: The Hindu BusinessLine

Coimbatore, March 15: Shares of Parenteral Drugs India Ltd hit a 52-week high as the company announced that its wholly owned subsidiary, Goa Formulations Ltd, has signed a binding agreement to sell its pharma unit for a consideration of Rs 200 crore...

Nifty sees biggest crash in 7 months, melts 91 points at close

Feb 21, 2013 at 22:22 | Source: DomainB

Benchmark indices logged their biggest single-day loss in seven months Thursday, as the slide in European shares unnerved investors in India as well. Metal, banking, capital goods and realty shares bore the brunt of the sell-off as the Sensex crashe...

Sensex, Nifty end RBI policy day in red; HDFC Bank top loser

Jan 30, 2013 at 21:32 | Source: DomainB

Key indices ended in the red Tuesday after an intra-day spurt on policy rate cuts by the Reserve Bank of India. The weak closing shows that the market had already factored in a 25 basis point-cut in the repo, the rate at which RBI lends to banks. Th...

Fresenius Kabi Oncology: BUY

Jan 30, 2013 at 00:07 | Source: The Hindu BusinessLine

January 29, 2013: We recommend a buy in the stock of Fresenius Kabi Oncology from a short-term perspective. It is apparent from the charts of the stock that it bottomed out taking long-term support at Rs 80 in October 2012. Since then, the stock has...

Sensex, Nifty end RBI policy day in red; HDFC Bk top loser

Jan 29, 2013 at 17:42 | Source: DomainB

Key indices ended in the red Tuesday after an intra-day spurt on policy rate cuts by the Reserve Bank of India. The weak closing shows that the market had already factored in a 25 basis point-cut in the repo, the rate at which RBI lends to banks. Th...

Can Burmans emerge as new force in finance?Dabur promoters are going all out to make their mark in new business

Jan 16, 2013 at 10:36 | Source: Business Standard

On a November evening in 2012, the Burmans, the promoters of Dabur group, were busy greeting their friends and well-wishers who had gathered at the terrace of an upscale hotel in Marine Drive, Mumbai. The party was thrown to celebrate the first anniv...

Stocks of MNCs with high promoter stake lose steam Have underperformed the market in the rally that started in November

Dec 10, 2012 at 02:06 | Source: Business Standard

Stock investors are turning averse to one of the most popular investment themes on Dalal Street in the past year or so. The recent rally in the shares of multinational companies ( MNCs) with promoter holding in excess of 75 per cent is losing steam,...

Indian firms don't share MNC zeal for stake sale to comply with Sebi rule

Nov 29, 2012 at 06:46 | Source: Economic Times

MUMBAI: Promoters of foreign multinational companies have taken the lead over their Indian counterparts in complying with the norm on minimum public shareholding of 25 per cent - the deadline for which is just seven months away. While four multinati...

Action-packed weeks ahead for shares of multi-national companies: Analysts

Nov 25, 2012 at 20:00 | Source: NDTV Profit

Shares of multi-national companies (MNCs) will be in focus in the next few weeks as many of them will be required to either reduce promoter shareholding to a regulatory cap of 75 per cent or get delisted. At least four companies -- Fresenius Kabi ...

Action-packed weeks ahead for MNC stocks: Analysts

Nov 25, 2012 at 13:31 | Source: The Hindu BusinessLine

New Delhi, Nov 25: Shares of multinational companies (MNCs) will be in focus in the next few weeks as many of them will be required to either reduce promoter shareholding to a regulatory cap of 75 per cent or get delisted.At least four companies ...

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