Corporate News
IndoAsianFus – Board approves Buy-Back of equity shares
Indo Asian Fusegear Ltd has informed that the Board of Directors of the Company at its meeting held on July 09, 2011 have approved the Buy-Back of the Companys fully paid up equity shares of Rs. 10/- each from the existing shareholders other than the promoters of the Company from the open market using the [...]
Tulip IT – Acquisition of Shares by Promoter Company
Tulip Telecom Ltd has informed that M/s Cedar Infonet Private Limited, the promoter of the Company have bought 4,31,936 Equity Shares constituting 0.298 % of the issued Share Capital of the Company from the open marked. Consequent to the purchase of above shares the holding of M/s Cedar infonet Private Ltd has been increased to [...]
GSPL – Letter of Authorization (LOA) issued by Petroleum and Natural Gas Regulatory Board (PNGRB)
Gujarat State Petronet Ltd (GSPL) has informed that GSPL led consortium has been awarded the Letters of Authorisation dated July 07, 2011 by Petroleum and Natural Gas Regulatory Board for developing three Cross Country Natural Gas Transmission Pipelines, namely: Mallavaram – Bhilwara (1585 Kms) pipeline, Mehsana – Bhatinda (1670 Kms) pipeline and Bhatinda-Jammu-Srinagar (740 Kms) [...]
Fame India – FAME Cinemas launches FAME NATIONAL @ Arcot Road in Chennai
Fame India Ltd has informed that the Company has commenced operations of new multiplex at National Chennai, Chennai on July 08, 2011. The new multiplex has 5 screens and an overall seating capacity of 1327 seats. With this, the total number of operational properties of the Company now stands at 27 with 102 screens and [...]
Indian Stock Market trading rangebound Jul-08-2011 13:27
The domestic bourses were seen trading in a narrow range in the negative terrain after recovering from the morning slump. Banking heavyweight SBI, which gained more than 1%, has led the pullback. Further, the strength in the Realty space also gave good support to the market. However, the weakness among the Metal stocks continued to [...]
Indian Stock Market Mid Session Jul-08-2011 12:40
The market was still trading in negative terrain but benchmark indices tried to rebound as Nifty and Sensex again crossed 5,700 and 19,000 levels respectively before touching the day’s low. The Metal index major spoilsport as it faced hefty sell-offs after the Group of Ministers approved Draft Mines & Minerals Development & Regulation Bill on [...]