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  • OPEN MARKET OPERATIONS OF RBI ARE A PART OF REGULAR LIQUIDITY MANAGEMENT
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  • CIC ISSUED AN ORDER AGAINST SEBI IN THE MATTER ON JUN 26, 2009
  • BHOJ RAJ SAHU ASKED FOR LIST OF SHAREHOLDERS OF ALL DELISTED COS
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  • CRUDE FALLS BELOW $60/BBL ON THURSDAY ON ECONOMIC JITTERS
  • SEEKS RS.9000/TN CUT IN STEEL PRICES IN FY'10: NW
  • SENIOR MGMT CHANGES TO HELP IN POSITIONING THE COMPANY IN FUTURE
  • TO LAUNCH 100CC DISCOVER, POSITIONING AS A 'LONG DISTANCE BIKE'
  • TO LAUNCH 100CC DISCOVER, POSITIONING AS A 'LONG DISTANCE BIKE'
  • DISCOVER 100CC NOT TO REPLACE PLATINA 100, NOT AN ENTRY LEVEL BIKE
  • TO LAUNCH 100CC DISCOVER, POSITIONING 100 CC BIKE AS A 'LONG DISTANCE BIKE'
  • SEBI WANTS MIN 26% FREE FLOAT, FM TO GIVE TIME FOR IMPLEMENTATION: SRCS
  • APPOINTS INVST BANKS FOR FUND RAISING EXERCISE, PLANS TO RAISE $400MN: SRCS
  • FUND RAISING LARGELY TO REDUCE DEBT TO RS.7000 - 8000 CR
  • SUZLON PLANS TO RAISE $400MN: SOURCES
  • SUZLON APPOINTS INVESTMENT BANKS FOR FUND RAISING EXERCISE: SOURCES
  • LEAD BANKERS INCLUDE CREDIT SUISSE, CITI & DEUTSCHE BANK: SOURCES
  • SUZLON TO RAISE FUNDS VIA GDR OR QIP ROUTE: SOURCES
  • NEED TO REVAMP SAT WILL BE REVIEWED IN THE MEETING: SOURCES
Updated: 02/01/2009 | 12:00 AM IST
Suzlon Energy may see action
Capital Market
Friday, January 02, 2009 (New Delhi)
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Suzlon Energy is expected to be in the limelight after the country's biggest maker of wind-turbine generators, said it has agreed to sell a 10% stake in unit Hansen Transmissions International NV to London-based investment company Ecofin.

Ranbaxy Laboratories has reportedly missed its December 2008 deadline to launch an anti-migraine drug as the US regulator is yet to give its approval.

Jindal Stainless has reportedly acquired chrome ore assets in the Middle East and Europe for $2 million. It has also formed a joint venture with a group of chrome ore miners in the UAE, in which it will hold a majority stake.

RBI has allowed FIIs to buy further shares of OBC as their holding falls below 18% limit

Infosys Technologies is reportedly looking at ways of increasing synergies with its BPO arm and is working on integration and business plans to maximise profits.

Carborundum Universal is reportedly planning to set up a new micro grits plant in Kochi at an investment of 620 million rupees to cater to the photovoltaic industry.

Moser Baer India will reportedly raise Rs 200 crore for its photovoltaic unit, from a group of investors to fund the expansion of its solar business.

Orchid Chemicals & Pharmaceuticals is reportedly awaiting US Food and Drug Administration nod for its anti-bacterial product Tazo-zip, which will be a key driver of its revenues.

The second stimulus package, to be announced shortly by the federal government to arrest an economic slowdown, will mainly cover the infrastructure, housing and commercial vehicles sectors and will be backed by a strong dose of monetary measures. However, there was not much scope for tax concessions, reports sugested.

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Ashuu Kakkarr
Ashuu Kakkarr
0.95% status
Current: Rs 799.8
Simi Bhaumik
Simi Bhaumik
0.29% status
Current: Rs 715.15
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The funds raised through preferential allotment of shares will get pumped back into the company so I suggest the investors hold the stock
The stock has support at Rs 75
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Today's Analyst: Rajesh Jain
Query : Amrit Soni, a BPO executive from Chandigarh, asks if he can buy Infosys in the short term.