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SHAILESH MENON
- MF major makes ‘juicy offer’ for equities manager
A mutual fund, which recently made an acquisition and has been trying to rope in a highprofile fund manager to manage its newly acquired eq...
- Textile division hive-off talk sends technocraft soaring
Shares of Technocraft rose sharply intra-day amid rumours that the company was planning to hive off its textile division.
- Motherson Sumi Systems rises on talks of acquisition in Europe
Shares of auto-parts and equipment manufacturer Motherson Sumi Systems rose substantially on market talk of a large acquisition by the comp...
- Enam, ICICI Securities, Kotak Mahindra Capital to market Indian bank's FPO
Government-owned Indian Bank has appointed merchant bankers for its Rs 1,600-crore follow-on public issue.
- Heard on the street: Traders in Aimco spread stake sale rumours
Punters are trying to salvage their holdings in shares of Ratnagiri-based agrochemicals company Aimco Pesticides by spreading rumours that ...
- Investors take a fancy to small caps
Several brokers are advising their clients to take exposure in key small-cap stocks since they expect the segment to rally up in the wake o...
- Heard on the Street
Shares of Delhi-based Escorts have been inching up over the past week on steady accumulation by high net worth individuals (HNIs).
- Kotak Bank seen interested in Karnataka Bank
The latest buzz is that Kotak Mahindra Bank may be in talks to buy the private bank.
- Austral Coke gains 14% despite quarterly loss
Shares of Austral Coke & Projects rose about 14% to Rs 7.27 on the BSE on Monday.
- Heard on the Street: NSE includes 6 more cos in F&O list
The National Stock Exchange on Tuesday included six more companies in its list of securities eligible for futures & options (F&O) trades.
- Institutions lap up Gail on tariff hike
Mutual funds and select insurance companies lapped up Gail shares on Tuesday after the Petroleum and Natural Gas Regulatory Board (PNGRB) r...
- Traders build positions in Bafna Pharma
Bafna Pharmaceuticals is engaged in molecular research to formulate lifestyle drugs, for ailments like hypertension, heart diseases and cho...
- Punters hitch a ride on Goodyear delisting plan
The delisting plan of MNC tyre maker Goodyear has resulted in a bonanza for its shareholders, as the development has triggered a sudden rus...
- Fund managers stock up on Adani Power
For some fund managers, a downturn provides a good opportunity to build up positions in stocks without bidding up the price.
- FIs lap up Bharati Shipyard on open offer hopes
Institutional investors have turned active in Bharati Shipyard shares amid speculation that the company may eventually go for a second open...
- Crompton, Kirloskar Oil withstand selling pressure
Shares of engineering firms like Crompton Greaves and Kirloskar Oil Engines have managed to withstand the sell-off in second-line shares ov...
- Men on the move in French brokerage
The fierce bear onslaught notwithstanding, employee churn in foreign brokerages continues.