Month: February 2009

Tata Sons Pledge Group Company Shares – Intent Unknown.

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Tata group companies too have entered the list of companies pledging promoters shares. Tata Steel, Tata Power and Tata Teleservices Maharashtra (TTML) announced that their promoter, Tata Sons, has pledged shares to raise funds that at current rates would be about Rs 6,500 crore. In its filing with the National Stock Exchange, Tata Steel, disclosed … Read more Tata Sons Pledge Group Company Shares – Intent Unknown.

GMR’s Delhi International Airport gets nod to levy ADF charges

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Delhi International Airport  (DIAL), a Subsidiary of GMR Infrastructure has received the approval from the ministry of civil aviation to charge Airport Development Fee (ADF) from departing passengers at the IGI Airport. The company has further stated that this fee would provide a boost to the airport modernisation project at this critical juncture, to the … Read more GMR’s Delhi International Airport gets nod to levy ADF charges

FIIs net buyers of Rs 285 cr in cash segment on Monday

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Foreign institutional investors (FIIs) were net buyers of Rs 285.39 crore (provisional) in the cash segment, as per information available on the BSE website. While FIIs made gross purchases of Rs 1,290.27 crore, their gross sales amounted to Rs 1,004.88 crore. Domestic institutional investors (DIIs) were net sellers of Rs 45.98 crore (provisional) on the … Read more FIIs net buyers of Rs 285 cr in cash segment on Monday

GMR Infrastructure – Promotrs BUY 5.65 lakh shares

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GMR Infrastructure Ltd has informed BSE that GMR Holdings Pvt Ltd (‘GHPL’), promoter and holding Company of GMR Infrastructure Ltd (‘the Company’) has purchased 5,65,000 Equity Shares of Rs 2/- each on February 04, 2009 through open market purchase in normal segment on the Stock Exchanges. Consequent to the aforesaid acquisition of 5,65,000 Equity Shares, … Read more GMR Infrastructure – Promotrs BUY 5.65 lakh shares

Maytas Infra discloses pledging of stake by Rajus

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Following a directive by the Securities and Exchange Board of India (SEBI), Hyderabad-based Maytas Infra has announced the pledging of shares by the company’s promoters that include three members of the Raju family who are also promoters of the fraud-ridden Satyam Computer Services. As per the disclosure, Ramalinga Raju, the former chairman of Satyam, has … Read more Maytas Infra discloses pledging of stake by Rajus

BHEL bags four contracts totaling to Rs 7,000 cr

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Bharat Heavy Electricals has bagged four contracts to the tune of Rs 7,000 crore from various producers for the supply and installation of equipment for thermal power projects. The contracts were placed by NTPC, NLC Tamil Nadu Power (NTPL) and Mahagenco. NTPC has placed two orders of steam generator packages for the Super Thermal Power … Read more BHEL bags four contracts totaling to Rs 7,000 cr