Ultratech Cement may see action

News Flash

FOREIGN FUNDS NET SELL RS.463.89 CR IN EQUITIES ON NOVEMBER 20 (PROV)
MUTUAL FUNDS NET SELL RS.176.7 CR IN EQUITIES ON NOVEMBER 19
DII'S NET BUY RS.18.46 CR IN EQUITIES ON NOVEMBER 20 (PROV)
TO ENTER INTO CUSTOMIZED MOTOR CYCLE BIZ VIA PRO-BIKING SHOWROOMS
TO EXPAND PANTNAGAR CAPACITY TO 70,000 UNITS IN NEXT FEW MONTHS
AKER IS A NORWEGIAN SERVICE PROVIDER CO FOR OIL AND GAS OPERATIONS
AKER SOLUTIONS TO PROVIDE SUPPORT SERVICES IN KG BASIN
AKER BAGGED SUB SEA PRODUCTION ORDER FROM RIL IN 2006 ALSO
RELIANCE IND PLACES RS.115 CR ORDER WITH NORWAY'S AKER SOLUTIONS
PORTING CHARGES TO BECOME APPLICABLE FROM DECEMBER 31, 2009
MNP ALLOWS USERS TO CHANGE OPERATORS WHILE RETAINING MOBILE NOS
USERS TO PAY MAX OF RS.19 TO CHANGE OPERATOR WHILE RETAINING OLD NUMBER
TRAI COMES OUT WITH NUMBER PORTABILITY CHARGES
PUNJAB NATIONAL BANK PLANS TO RAISE RS 700 CR BY SELLING BONDS
TATA TELE-QUIPPO OFFERING BETTER SERVICING DEAL FOR TOWERS: SOURCES
GTL BID 10-15% HIGHER THAN TATA-QUIPPO: SOURCES
DEAL VALUED AT AROUND RS.6000 CR : SOURCES
MAY JOIN RACE FOR SHELL'S EUROPEAN REFINERIES: SOURCES
SENSEX, NIFTY UP 1% EACH FOR THE WEEK
CNX MIDCAP INDEX UP 1%, BSE SMALLCAP INDEX UP 1.6%
METAL INDEX UP 3.7%, AUTO INDEX UP 2.3%, FMCG UP 1.5%
INDEX GAINERS: SUZLON UP 9.3%, TATA STEEL UP 6.3%, SAIL UP 5.3%
APPROACHED SHELL FOR BUYOUTS BEFORE ESSAR'S EXCLUSIVE TALKS BEGUN
ESSAR-SHELL IN EXCLUSIVE NEGOTIATIONS TILL NOV 30 TO BUY 3 SHELL REFINERIES
RIL SPOKESPERSON: 'WE ARE REVIEWING A NUMBER OF GLOBAL OPPORTUNITIES'
RIL SPOKESPERSON TO NDTV: 'REVIEWS CANNOT ASSURE TRANSACTIONS'
JSW ENERGY ALSO IN RACE FOR ANDREW YULE'S DPSC STAKE: NW
CESC, SREI INFRA IN RACE FOR ANDREW YULE'S DPSC STAKE: NW
GAMMON INFRA BAGS NHAI PROJECT WORTH RS.850 CRORES
NET PROFIT AT RS.48.2 CR VS RS.12 CR; SALES UP 55% AT RS.849 CR (YOY)

Updated: 05/10/2009 | 12:00 AM IST

Stock alert

Capital Market

Monday, October 05, 2009 (New Delhi)

Blog

Comments:

Read (0)

Post

Rate the story

Aditya Birla group will hive off the cement business of Grasim Industries into unit Samruddhi Cement in a cashless transaction and later merge it with group firm Ultratech Cement. The move is aimed at consolidating the group's cement businesses into a single entity over the next eight to ten months to maximise shareholders value.

Aditya Birla Group's cement shipments rose 15.8% to 2.77 million tonnes on a 14.6% increase in production to 2.74 million tonnes in September 2009 over September 2008.

Tata Motors total vehicle sales increase 6% to 52,513 units in September 2009 over September 2008. Domestic sales rose 10% to 49,650 units in the same period. Commecial vehicle sales moved up 10% to 31,474 units, while passenger vehicle sales spurted 23% to 20,743 units in September 2009 over September 2008.

Reliance Industries' proposed joint venture with Canadian chemical and plastics firm Nova Chemicals to design, engineer and build a range of high-efficiency structures has reportedly been called off.

Larsen and Toubro has reportedly deferred plans to set up IT special economic zones as a risk mitigation measure.

Axis Bank walked out of a deal to lend Rs 350 crore to Great Offshore for purchase of an oil drilling rig that is under construction at Bharati Shipyard.

Videocon Industries reportedly plans to buy an equity stake in loss-making Finnish electronics firm Elcoteq. The Finnish company aims to close the deal by the end of the year.

Cairn India along with its partners Oil and Natural Gas Corporation and Tata Petrodyne may reportedly develop Ambe field in Cambay basin along with ONGC's North Tapti fields.

Power Grid Corporation will reportedly jointly bid for contracts in West Asia and North Africa along with Qatar's Venture Gulf Group and Kuwait's Real Estate Construction and Fabriction Company.

Agricultural seeds company Advanta India's board would meet on 7 October 2009, to consider raising funds for various corporate plans.

Omnitech Infosolutions plans to raise up to $50 million through various means. The funds may be raised via american depositary receipts, global depositary receipts, foreign currency convertible bonds or through a qualified institutional placement.

Powered by Capital Market - Live News