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Editor's Desk Moser Baer India, the global technology company, has added another product to its growing consumer product portfolio by launching a sleek and stylish LCD TFT monitor. Moser Baer India is currently trading at Rs 66, up by 2.30 points or 3.61%. It is designed in a manner that it occupies less table space and uses … Read more Investors cheers Moser Baer LCD TFT Monitor
The government-appointed board of fraud-hit Satyam Computer Services on Tuesday announced the names of Goldman Sachs and Avendus as investment bankers. They will explore various options for the company, which include identifying strategic investors and obtaining expressions of interest from them in a fair and transparent manner. The board also appointed management consultancy Boston Consulting … Read more Goldman Sachs + Avendus – Satyam’s Investment Bankers
Foreign institutional investors (FIIs) were net sellers of Rs 228.56 crore (provisional) in the cash segment on Tuesday, as per information posted on the BSE website. While FIIs made gross purchases of Rs 1,348.99 crore, their gross sales stood at Rs 1,577.55 crore. Domestic institutional investors (DIIs) were net buyers of Rs 139.64 crore (provisional) … Read more FII net sellers of Rs 229 cr (prov) in cash segment no Tuesday
Reliance Infrastructure Ltd has informed FreePress that the Board of Directors of the Company had at its meeting held on March 05, 2008 approved buy-back of equity shares of the Company up to an amount not exceeding 10% of the paid-up capital and free reserves of the Company, i.e. up to Rs 800.06 crore. Pursuant … Read more Reliance Infrastructure – Buy-back of Shares Ends
The Indian rubber industry is currently facing a difficult period as prices go down rapidly amidst declining demand. The situation in the industry has changed rapidly in line with most other commodities, with rising prices taking a steep reversal after crude prices began to crash. Painting a further gloomy picture of the matter, the Rubber … Read more Rubber Industry Faces Recession
Public sector life insurance giant Life Insurance Corporation of India (LIC) is inclined to invest in Rs 4,000 crore in the equity market by March this year after pouring in Rs 31,000 crore till December. The planned investment outlay was Rs 41,000 crore for this fiscal, now has fallen short actually. The public sector insurer … Read more LIC to buy equities worth Rs 4,000 cr in March