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Nomura pegs upper end December target for Sensex at 30,500

Speaking to CNBC-TV18 Prabhat Awasthi of Nomura Financial Advisory said that public sector banks have their own asset problems. He says that the capital issues still exist, but incrementally the news on non-performing assets has been better.
Essar Oil owner seeks to convert $262-mn FCCBs into shares

Essar Oil said it will allot 3.88 crore equity shares at Rs 138 per share on conversion of 1,150 foreign currency convertible bonds (FCCBs) of USD 100,000 each aggregating to USD 115 million which were issued on June 15, 2010 to Essar Energy Holdings.

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Capital Issues

Nomura pegs upper end December target for Sensex at 30,500

Essar Oil owner seeks to convert &#36;262-mn FCCBs into shares

Essar Oil owner seeks to convert $262-mn FCCBs into shares