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ALUMINEX
Bank fraud: ED seizes over 430 kgs gold, silver after searches at private lockers"Upon searching the private lockers, it was found that the locker operation was being done without following proper norms. No KYC was follo...- CBI files charge sheet against Corporation Bank ex-chairman, others in Rs 79 crore fraud caseIn its charge sheet filed before the court of ACMM, Esplanade, Mumbai, the probe agency named S N Murthy Shankar, the then chief manager, a...
- Bombay HC directs CBI court to hand over documents to the liquidator of Parekh AluminexThe CBI has filed a charge sheet against Parekh Aluminex and 23 others, including its directors, for allegedly causing over Rs 292 crore to...
- Forgery case: CBI raids six locations in city linked to Parekh AluminexAccording to the CBI’s case, the company borrowed the loans from a consortium of nine banks between 2011 and 2014 by submitting false and f...
- Three directors of PAL held for Rs 4,000 cr bank fraudBhawarlal Bhandari, Premal Goragandhi and Kamlesh Kanungo were arrested by the economic offences wing on Friday for cheating and criminal c...
- Small shareholders in suspended companies lose out on benefitting from market rallyCompanies are usually suspended for violation of listing agreement and procedural issues like not filing results and shareholding pattern.
- Akhilesh Yadav to allow 10 power projects in the state to import coalAkhilesh Yadav said on Tuesday that his government was going to allow coal import for 10 power projects.
- UP government extends MoU signed with nine companies to set up power projectsUP government on Thursday gave an 18 months extension to 9 power projects for which MoU's were signed during the previous Mayawati regime.
- Parekh Aluminex plans dilution of 35% stake via preferential issue: MDIn an interview with ET Now, Amitabh Parekh, Managing Director, Parekh Aluminex, shares his outlook for the company. Excerpts:
- Metals packaging cos: Huge growth potential justifies high valuationTapering growth in domestic industrial production raises questions over the near-term prospects of upstream metal companies, given their de...
- Home Ministry orders probe into leak of IB report that spooked marketsAccording to an official, everybody in the home ministry; right from top officials to peons is under the scanner. Investigation will track ...
- GEI Ind Sys, Parekh Aluminex, Piramal Glass are market leaders: Aviral GuptaI am focussing on companies which have sustainable business model in a sense they are market leaders in their segment.
- Volatility is going to be very high this month: Pradeep MukhiPradeep Mukhi, Independent Analyst, in a chat with ET Now says that due to budget volatility is going to be very high this month.
- 20 Indian cos in Forbes 'Best Under A Billion' listTwenty Indian cos have made the cut to enter the list of 200 best cos having sales less than $1 billion in the Asian Pacific region. How to...
- Heard on the street: Buyers flock to Parekh Aluminex counterThe share price of Parekh Aluminex has been gaining ground in the wake of informed buying by a group of investors. The stock, which closed ...
- Prabhudas picks: Parekh AluminexPrabhudas has reiterated ‘buy’ rating on Parekh Aluminex with a price target of Rs 215 (6x FY10 earnings) over the next 12 months.
- Stocks to watch on WednesdayEquities are likely to edge lower on Wednesday following weak global cues but second rung stocks would hog the limelight.
- Gulf investors pick up 18% in Parekh AluminexA slew of institutional investors from the Middle East -Oman Pension Fund, Emirates Industrial Development, Gulfar, Tawoos and four other i...
- Corporate events this weekCorporate events this week.
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