Archive for April, 2009

Corporate stock news….

·         Vardhman Holdings recommends dividend ·         Mangalam Cement recommends dividend ·         Infotech Enterprises recommends dividend ·         Force Motors’ director resigns ·         ICICI Bank recommends dividend ·         Kirloskar Pneumatic recommends dividend ·         Themis Medicare to consider scheme of arrangement ·         Tayo Rolls to consider dividend ·         3i Infotech recommends dividend ·         Remi Metals Gujarat allots prefernce [...]


Indiaco Ventures planning for Stock Split & Bonus shares..

Indiaco Ventures Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 30, 2009, inter alia, to consider the following : To adopt quarterly unaudited results for the quarter ended March 31, 2009. To issue bonus shares to the shareholders of the Company, subject to [...]


corporate news & updates…

GTL : Bottom-line impacted by higher interest cost Bajaj Hindusthan : Reversed forex losses boost bottom-line Bata India : Rise in tax impacts bottom line Esab India : Consumable sales up 7% but equipment sales dip 3% Yes Bank : Other income dips Ambuja Cements: High cost coal inventory dents the OPM by 130 bps [...]


Adani Power filed with SEBI for IPO – Adani Group..

Adani Power, a part of the the Adani Group, has filed draft red herring prospectus (DRHP) with market regulator SEBI for IPO of 33.7 crore equity shares. The issue includes a reservation of up to 8,000,000 shares. Equity shares outstanding post issue would be 2,18,00,35,200. It is a power project development company, which is developing, [...]


TCS Board approves 1:1 bonus issue…

TCS has announced its FY09 and fourth quarter results. The company’s FY09 Indian GAAP consolidated net profit was up 4.5% at Rs 5256.4 crore versus Rs 5026 crore and its Indian GAAP consolidated net sales were up 21.6% at Rs 27812.9 crore versus Rs 22863.4 crore. In a press conference the TCS management said that [...]


Stocks & sector in news….

NSE bars further F&O positions in Unitech as 95% position limit breached After Ranbaxy, FDA finds gaps at Cipla, finds 9 deviations at Banglore plant Bajaj Finserve to ink JV with Allianz for asset management company Apollo Hospital promoters issue 15.5 lakh equity shares at Rs 497.7/sh (25% premium to CMP) Spice Mobiles open offer [...]


Corporate Financial results…

Pan Electronics India reports net loss of Rs 0.16 crore in the March 2009 Automobile Corporation Of Goa net profit declines 87.00% in the March 2009 Global Securities net profit rises 300.00% in the June 2008 quarter Waterbase reports net loss of Rs 1.20 crore in the March 2009 quarter United Drilling Tools reports net [...]


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