Archive for February 29th, 2008
Gammon Infra IPO Opening on 10th March 2008
Gammon India’s subsidiary Gammon Infra is coming up with an IPO offering 165.50 lakh equity shares of Rs 10 each on March 10, 2008 at a price band of Rs 167-200 per share. The issue will close for subscription on March 13. SSKI Corporate Finance Private Limited and Macquarie India Advisory Services Private Limited are [...]
Market down on higher short-term capital gains tax
Benchmark indices tripped after Finance Minister P Chidambaram announced a hike in short-term capital gain tax to 15 per cent from the present 10 per cent. Bombay Stock Exchange’s Sensex plunged 422 points or 2.3 per cent to 17,402 and National Stock Exchange’s Nifty was at 5,155 down 129 points or 2.21 per cent. However, [...]
