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REENA ZACHARIAH
United Spirits' investors may get Diageo Open OfferSebi has given Diageo three weeks to respond to its “communication of findings“, report Reena Zachariah and Kala Vijayraghavan.- Heard on the street: CIMB, Kotak Mahindra groups may revisit 'working alliance'Malaysia's CIMB Group and Kotak Mahindra Group may revisit their 'working alliance' in the wake of CIMB's acquisition of most of Royal Bank...
- Piramal Group PE invests Rs 40 cr in Tulsi CastingsIndiaVenture Advisors, a private equity fund promoted by the Piramal group, is investing Rs 40 crore in Tulsi Castings and Machining.
- Srei Infrastructure Finance shares rise over 5% on fund-raising buzzShares of Srei Infra rose 5.2% to Rs 27.40 amid talk it is planning to raise Rs 450 crore to increase the loan book size.
- Pipavav Shipyard zooms as big operators seen eyeing stockShares of Pipavav Shipyard have gained over 14% in the past one week on rumours that a few well-heeled investors could pick up stake in the...
- Silver surfers have a narrow escape as prices plummetSome city-based bullion dealers had a narrow escape after the recent crash in silver which fell 30% since it hit a high of Rs 75,770 a kilo...
- Reliance Infrastructure volatile on buyback delayShares of ADAG company Reliance Infrastructure turned volatile amid concerns over the delay in the opening of the company's buyback offer.
- Heard in the street: Delay in IPO subscription info hurts participation
- Heard on the Street: Sugar stocks get a booster shot on levy hikeSome mutual funds, including Star Sign Mutual Fund and market operators, are believed to be buying shares of sugar companies.
- Institutions dump Cipla after poor quarterly nosInstitutional investors are believed to have dumped Cipla shares on Monday, after the company’s March quarter earnings fell way below marke...
- Insurer uses rally to sell shares in L&T, CairnThe sharp jump in stocks on Monday gave some institutional investors a reason to trim exposure to some large-cap stocks.
- Canara Bank on a high as a Mumbai operator laps it upThe resilience in shares of Canara Bank in the past two weeks, despite it posting a 30% drop in net profit in the March quarter, has baffle...
- NTPC loses 3% in last hour selling-spreeNTPC shares fell nearly 3% to close at Rs 223.30 on Thursday, with much of the selling happening in the last hour of trading.
- Shriram Transport names QIP lead managersSTFC, one of the largest asset financing NBFC in the country, which has been largely focusing on used vehicles as well as light commercial ...
- FII develops cold feet over Pipavav ShipyardThe decision by a leading FII brokerage to assign a sell rating to the stock of a recently-listed company has taken the market by surprise.
- Mahindra Satyam investors hit Upaid jackpotInvestors, who used the recent weakness in Mahindra Satyam to accumulate the stock, will likely laugh their way to the bank, post the compa...
- SUUTI's Arsec stake sale gains steamThe stake sale process of Asset Reconstruction Company (Arsec) by its principal shareholder, the Specified Undertaking of Unit Trust of Ind...
- Knight of Scotland's i-bankers join ReligareThe Knight of Scotland Bank is losing people to the investment banking arm of Delhi-based Religare
- EM Capital to advise Satyam investorsEM Capital Management, a boutique international financial advisor and fund manager, has decided to provide advisory services to help invest...
- Heard on the streetThe economic slowdown has forced large domestic investment banks to shuffle its present capital market group to other departments within th...
Load More- Srei Infrastructure Finance shares rise over 5% on fund-raising buzz
