Archive for May, 2009
Madras Aluminium approves stock split -Vedanta group…
Madras Aluminium Co, a part of the Vedanta group of companies, said its board has approved the proposal of stock-split.
The board of directors took a decision to this effect at its meeting, the company said in a filing to the Bombay Stock Exchange.
The board approved Sub-division of its each Rs 10 equity share into five [...]
Facebook plans for IPO -World largest social networking site…
· The 25-year-old co-founder of Facebook said he is always open to partnerships and investments, but stressed that Facebook can achieve its business goals with its current financial base – despite numerous media reports that it has had talks on a new round of funding with various investors.
· The TechCrunch blog said earlier on Tuesday [...]
Corporate financial results..
NGL Fine Chem net profit declines 36.21% in the March 2009 quarter
Unichem Laboratories net profit rises 49.63% in the March 2009 quarter
Inox Leisure net profit declines 7.77% in the year ended March 2009
Muthoot Capital Services net profit rises 24.19% in the March 2009 quarter
TCI Industries reports net loss of Rs 0.07 crore in the March [...]
AIG plans & separate its Asian Subsidiary through IPO..
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Corporate & Dividend news…
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NHPC Ltd plans with its IPO only after market stabilises..
NHPC Ltd has said it plans to come out with its initial public offering only when market conditions improve. “The (proposed) IPO is on hold till market conditions stabilise,” its NHPC Chairman and Managing Director, Mr S.K. Garg, said.
The company had earlier proposed to come out with a public issue in October last year for [...]
Stock markets trade(assumption) on Monday post the declaration of election results
The Sensex closed up 300.51 points or 2.53% at 12173.42. It touched an intra day high of 12,219.54 and an intra day low of 11,948.70.
The markets closed higher ahead of the election results on Saturday. Good buying interest was seen in banks, capital goods, IT, realty, metal, power, pharma, auto and oil & gas stocks. [...]
