Archive for June, 2009

News- Stock split, bonus issue & dividend…

Ind Tra Deco’s board approves bonus issue Spice Islands Apparels recommends dividend VSF Projects to considet scheme of arrangement Divis Laboratories recommends bonus issue Divis Laboratories recommends dividend Spanco allots equity shares KGN Industries’ board approves stock split Ponni Sugars Erode recommends dividend SE Investments recommends final dividend Secunderabad Healthcare to allot equity shares Sirpur [...]


Market hits 15000 mark after nine months….

Today Bombay Stock Exchange benchmark Sensex regained the 15,000 point level after nine months by rising nearly 138 points after the government unveiled its reforms plan to tackle the economic slowdown. The 30-share index, which had lost 1.8 per cent in the opening session, rebounded with a gain of 137.78 points at 15,008.68, a level [...]


NHPC 1670 crore IPO by August in market….

Hydro power firm NHPC Ltd is likely to launch its much-awaited Rs 1,670-crore initial public offer by August to part finance its expansion plans. NHPC plans to issue 10 per cent of its new equity shares in the public offer, while the government alongside will divest its five per cent stake in the company. According [...]


KGN Industries – Stock Split news….

Today KGN Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 06, 2009, inter alia, to consider the Splitting of existing Equity Shares of the face value of Rs 10/- so that each such Equity Share is sub-divided into 10 Equity Shares of [...]


Air-India plans to roll IPO in near future-Praful Patel…

The state Carrier Air-India may be out with IPO in near future, which definitely seem to boost in the IPO market -:   Praful Patel newly appointed Civil Aviation Minister on Monday, Jun 1 said that an initial public offering of shares in Air India could be considered in the near future. The minister added [...]