In April last year, 10 unsecured creditors of UB Holdings filed a winding up petition against the company. While this petition and 4 similar others were pending, UB Holdings approached the Karnataka HC seeking permission to sell the shares it held in United Spirits to Diageo.
Wockhardt | Cairn India | IOC | Bosch | TTK Prestige | MCX | Wipro | HCL Technologies | Financial Technologies | Jet Airways | Tech Mahindra | Jaiprakash Power | JSW Steel and JSW Energy are stocks, which are in the news today.
Here's how small cap stocks open on August 16
It has been another quiet session for the market today. The Nifty trades in a range before closing flattish around 4750 and trading volumes remained subdued, reads Udayan Mukherjee, of the market session.
The calendar year of 2012 will be a kicker for ITD Cementation with an EPS of more than Rs 20, said SP Tulsian of sptulsian.com to CNBC-TV18 in an interview. He feels that UB Holding is an interesting play, but the real problem to the company started with their investments made in Kingfisher Airlines.