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Muthoot Finance plans to raise Rs 901 crore via an initial public offer of 5.15 crore equity shares in the price band of Rs 160-175. "The purpose of the fund raising is to maintain our aims to attain a capital adequacy ratio (CAR) above 15%," said George Alexander Muthoot, MD, Muthoot Finance. The company's current CAR stands at 14.79%.
Tata Elxsi has its Board of Directors meeting on April 27, 2011 to consider dividend.
Reliance Industries said on Wednesday it had started work on polyester projects in the country as it aims to consolidate its position as the world's largest integrated polyester producer.
Kansai Nerolac has its Board of Directors meeting on April 28, 2011 to consider dividend.
CRISIL Research has come out with its report on Religare Enterprises. The research firm have revised the fair value to Rs 420 from Rs 470 per share. The valuation grade is revised to ‘2/5’ from ‘3/5’.
CRISIL Research has come out with its report on Symphony. The research firm, continue to use the discounted cash flow method to value Symphony. We assign a valuation grade of 1/5.
HSBC Mutual Fund has launch HSBC Brazil Fund, an open ended funds of fund scheme with the primary objective to provide long term capital appreciation by investing predominantly in units / shares of HSBC Global Investments Funds (HGIF) Brazil Equity Fund.
Japan yesterday raised the severity level of crisis at the crippled Fukushima plant to a maximum seven, bringing it on par with the 1986 Chernobyl disaster.
ICICI Prudential Mutual Fund has launch ICICI Prudential MIP 5, an open ended income scheme that aims to generate regular income through investments in fixed income securities so as to make regular dividend distribution to unit holders seeking the Dividend Option.
Paper manufacturer Servalakshmi Paper's Rs 60-crore initial public offering (IPO) is going to open for subscription on April 27. It has fixed the issue price band at Rs 27-29 a share.
Motilal Oswal has come out with its earning estimates on Pharmaceuticals sector for the quarter ended March 2011. According to the research firm, Cadila Health March quarter sales are expected to go up by 18.3% at Rs 1001.4 crore, year-on-year, (YoY) basis.
Motilal Oswal has come out with its earning estimates on Pharmaceuticals sector for the quarter ended March 2011. According to the research firm, Biocon March quarter sales are expected to go up by 6.5% at Rs 699.4 crore, year-on-year, (YoY) basis.
Motilal Oswal has come out with its earning estimates on Pharmaceuticals sector for the quarter ended March 2011. According to the research firm, Aventis Pharma March quarter sales are expected to go up by 13.5% at Rs 285.2 crore, year-on-year, (YoY) basis.
The Ministers agreed to intensify cooperation through expanding mutual trade and investment and made a pledge to oppose all manifestations of trade protectionism, Chinese Commerce Minister Chen Deming told reporters.
Weighed down by a piling up inventory as customers stay away, property prices in India's key markets are slated to decline, while in other cities the trend is likely to be divergent.
Nissan Motor India today said that it has moved to its new corporate office at T Nagar in Chennai.
Motilal Oswal has come out with its earning estimates on oil & gas sector for the quarter ended March 2011. According to the research firm, Reliance Industries March quarter sales are expected to go up by 37.4% at Rs 79103.8 crore, year-on-year, (YoY) basis.
Motilal Oswal has come out with its earning estimates on oil & gas sector for the quarter ended March 2011. According to the research firm, Petronet LNG March quarter sales are expected to go up by 67.2% at Rs 3987.8 crore, year-on-year, (YoY) basis.
Tata Chemicals expects earnings before interest, taxes, depreciation and amortization (EBITDA) of USD 300-350 million from the ammonia-urea fertilizer plant at Republic of Gabon in Africa, Managing Director R. Mukundan said in a conference call Wednesday.
Motilal Oswal has come out with its earning estimates on oil & gas sector for the quarter ended March 2011. According to the research firm, ONGC March quarter sales are expected to go up by 20.9% at Rs 17784.6 crore, year-on-year, (YoY) basis.
Bharat Seats at its meeting held on April 13, 2011 has declared dividend at 40% i.e Re 0.80 per share for the year 2010-2011.
Motilal Oswal has come out with its earning estimates on oil & gas sector for the quarter ended March 2011. According to the research firm, MRPL March quarter sales are expected to go up by 47.6% at Rs 12841.4 crore, year-on-year, (YoY) basis.
Motilal Oswal has come out with its earning estimates on oil & gas sector for the quarter ended March 2011. According to the research firm, Indraprastha Gas March quarter sales are expected to go up by 63.4% at Rs 470.1 crore, year-on-year, (YoY) basis.
GRUH Finance at its meeting held on April 13, 2011 has declared dividend at Rs 8.50 per share of Rs 10 each.
Motilal Oswal has come out with its earning estimates on oil & gas sector for the quarter ended March 2011. According to the research firm, Indian Oil Corporation (IOCL) March quarter sales are expected to go up by 18.7% at Rs 97547.3 crore, year-on-year, (YoY) basis.
