March 05, 2015 21:05 (IST)
Proceeds of the issue would be utilised for expansion of the company's network for providing video, data and telephony services and general corporate purpose.
March 05, 2015 16:34 (IST)
Markets are seen taking opening cues from US non-farm payrolls data due on Friday.
March 05, 2015 15:59 (IST)
The rally in pharma stocks was led by India's largest pharmaceutical company Sun Pharmaceutical Industries.
March 05, 2015 15:58 (IST)
Pipavav Defence and Offshore Engineering shares slumped 10 per cent on Thursday after analysts said it settled for a lower-than-expected price for selling a majority a stake in the company to Anil Ambani promoted Reliance Infrastructure.
March 05, 2015 15:58 (IST)
The shares of Crompton Greaves opened at Rs 183 and touched high of Rs 185.
March 05, 2015 15:47 (IST)
The closing date for the rights issue is April 8, 2015.
March 05, 2015 15:44 (IST)
The 50-share Nifty managed to close above its important psychological level of 8,900 supported by gains in FMCG and pharma stocks.
March 05, 2015 14:24 (IST)
The 50-share Nifty was trading above important psychological level of 8,900 supported by renewed buying in HDFC Bank, ITC and HDFC.
March 05, 2015 13:58 (IST)
Metal, IT, oil & gas, realty, banking and IT stocks were also facing the heat of selling pressure.
March 05, 2015 13:48 (IST)
The company said it has issued and allotted 1,69,31,102 equity shares to the Qualified Institutional Buyers (QIBs) at a price of Rs 478.18 per equity share, including a premium, aggregating to Rs 809.61 crore.
Mumbai | March 05, 2015 12:58 (IST)
The government's budgetary proposal to make no distinction between foreign direct investment and foreign portfolio investment is expected to raise India's weight in MSCI indexes.
March 05, 2015 12:28 (IST)
Shares of offshore drilling company Aban Offshore soared today after the company said its two subsidiaries have redeemed bonds worth Rs 1,335 crore.
March 05, 2015 10:44 (IST)
The auction could take days or even weeks depending on bidding intensity. The government will not disclose company-specific bids until the auction is over.
March 04, 2015 21:43 (IST)
To make it easier for new individual investors, the Securities and Exchange Board of India (Sebi) on Wednesday announced a 'Saral' or simplified account opening form for such persons and eased the process for submitting address proof documents.
March 04, 2015 20:57 (IST)
Moving ahead with a new framework for risk-based supervision of market entities, National Stock Exchange (NSE) on Wednesday asked its members to collate and submit details in this regard for the first half of the current fiscal year.
March 04, 2015 20:51 (IST)
Ortel entered the capital market with a public issue of up to 1.2 crore equity shares of face value of Rs 10 each.
March 04, 2015 16:35 (IST)
Turning to the monetary policy, Dr Rajan said real interest rates of 1.5 to 2.0 percent were appropriate at this point in the economic cycle.
March 04, 2015 16:11 (IST)
The product will be manufactured by its parent company Sun Pharmaceutical Industries at its Halol facility in Gujarat.
March 04, 2015 16:09 (IST)
Selling pressure in metal, oil & gas, power, IT and auto stocks also added to the downward pressure on the benchmark indices.
March 04, 2015 16:08 (IST)
Analysts say allotment of shares at a premium indicates higher valuation for the company, hence its shares have risen today.