After Trading Hour News
Govt to scan Bharti, Wal-Mart deal: Nath
A day after global retail giant Wal-Mart announced its entry into the Indian market through a tie-up with Bharti group, the government on Tuesday said it would examine whether "permissible limits" with regard to foreign investments were adhered to.
"We will have a look (at) whether permissible limits have been adhered to," Commerce and Industry Minister Kamal Nath told reporters on the sidelines of the India Economic Summit.
To Read MoreClick Here
Infosys ADS gets huge response
The recently concluded sponsored ADS programme of the country’s second largest IT exporter-Infosys Technologies had huge response from the small investors - to be specific, shareholders who tendered just one share.
To Read MoreClick Here
Torrent Power re-lists at Rs 60 on BSE
Torrent Power Limited was on Tuesday re-listed at Rs 60 on the Bombay Stock Exchange after completion of its merger process.
The scheme of arrangement entailing the merger of three companies was approved by the Ahmedabad High Court on July 12, this year.The scheme of arrangement includes the amalgamation, between Torrent Power AEC Limited (TPAL), Torrent Power SEC Limited (TPSL), Torrent Power Generation Limited (TPGL) and Torrent Power Limited (TPL).
As per the arrangement, the entire undertakings of TPSL, TPAL and TPGL were transferred to TPL on a going concern basis.Consequent to this arrangement TPL allotted 22 equity shares of Rs 10 each fully paid-up for every one equity share of the same value held in TPAL.
TPL allotted 47 equity shares of Rs 10 each fully paid-up for every one equity share of the same value held in TPSL. One equity share of Rs 10 each fully paid-up was also allotted by TPL for every one equity share of the same value held in TPGL.
Accordingly, TPL has allotted 188.97 crore equity shares of Rs 10 each fully paid up pursuant to the scheme.
Satyam Computer allots shares under stock option plans
The compensation committee of directors of Satyam Computer Services has allotted 160,757 equity shares through circular resolution on November 28, 2006 under stock option plans of the company.
Subsequent to the above allotment, the paid up share capital of the company has increased from 65,62,12,973 equity shares of Rs 2 each aggregating Rs 1,31,24,25,946 to 65,63,73,730 equity shares of Rs 2 each aggregating Rs 1,31,27,47,460.
Recently, Satyam Computer Services, an IT service provider has launched its 100-seater development center in the Guangzhou Software Park, China. The 500 sq. m. state-of-the-art facility is designed to scale up to 1000 employees by 2008 end.The development center will serve as a nearshore set-up for the company`s customers based out of Hong Kong and Japan.
MFs net buyers in equities worth Rs 74.4 mn on Nov 27
Mutual Funds (MFs) turned net buyers in equities worth Rs 74.4 million on November 27. They bought equity worth Rs 3599.1 million and sold equity worth Rs 3524.7 million. Till November 27, they have been net buyers in equities worth Rs 3477.7 million.
Value of purchases by mutual funds has been the highest in debt segment over the last 40 trading days. Value of net purchases or sales by MFs also has been the highest in debt over the last 96 trading days.
MFs were also net buyers in debt on November 27 worth Rs 10759.1 million. They bought debt worth Rs 14146.1 million and sold debt worth Rs 3387 million. Till November 27, they have been net buyers in debt to the tune of Rs 55991 million.
FIIs net buyers in equities worth Rs 4,056 mn on Nov 27
Foreign institutional investors (FIIs) remained net buyers in equities to the tune of Rs 4,056 million (USD 89.2 million) on November 27. They bought equity worth Rs 30,829 million and sold equity worth Rs 26,773 million. Till November 27, they have been net buyers in equities worth Rs 97,784 million (USD 2124.6 million).
FIIs were also net buyers in debt on November 27, worth Rs 891 million (USD 19.6 million). They bought debt worth Rs 891 million. Till November 27, they have been net buyers in debt to the tune of Rs 5757 million (USD 125.4 million).
Till November 27, FIIs have thus been net buyers in both equities and debt to the tune of Rs 1,03,541 million (USD 2,250 million).In the derivative segment, the FIIs were net sellers to the tune of Rs 1,513.4 million on November 27. They bought derivatives worth Rs 46,621.8 million, while they sold derivatives worth Rs 48,135.2 million.
A day after global retail giant Wal-Mart announced its entry into the Indian market through a tie-up with Bharti group, the government on Tuesday said it would examine whether "permissible limits" with regard to foreign investments were adhered to.
"We will have a look (at) whether permissible limits have been adhered to," Commerce and Industry Minister Kamal Nath told reporters on the sidelines of the India Economic Summit.
To Read MoreClick Here
Infosys ADS gets huge response
The recently concluded sponsored ADS programme of the country’s second largest IT exporter-Infosys Technologies had huge response from the small investors - to be specific, shareholders who tendered just one share.
To Read MoreClick Here
Torrent Power re-lists at Rs 60 on BSE
Torrent Power Limited was on Tuesday re-listed at Rs 60 on the Bombay Stock Exchange after completion of its merger process.
The scheme of arrangement entailing the merger of three companies was approved by the Ahmedabad High Court on July 12, this year.The scheme of arrangement includes the amalgamation, between Torrent Power AEC Limited (TPAL), Torrent Power SEC Limited (TPSL), Torrent Power Generation Limited (TPGL) and Torrent Power Limited (TPL).
As per the arrangement, the entire undertakings of TPSL, TPAL and TPGL were transferred to TPL on a going concern basis.Consequent to this arrangement TPL allotted 22 equity shares of Rs 10 each fully paid-up for every one equity share of the same value held in TPAL.
TPL allotted 47 equity shares of Rs 10 each fully paid-up for every one equity share of the same value held in TPSL. One equity share of Rs 10 each fully paid-up was also allotted by TPL for every one equity share of the same value held in TPGL.
Accordingly, TPL has allotted 188.97 crore equity shares of Rs 10 each fully paid up pursuant to the scheme.
Satyam Computer allots shares under stock option plans
The compensation committee of directors of Satyam Computer Services has allotted 160,757 equity shares through circular resolution on November 28, 2006 under stock option plans of the company.
Subsequent to the above allotment, the paid up share capital of the company has increased from 65,62,12,973 equity shares of Rs 2 each aggregating Rs 1,31,24,25,946 to 65,63,73,730 equity shares of Rs 2 each aggregating Rs 1,31,27,47,460.
Recently, Satyam Computer Services, an IT service provider has launched its 100-seater development center in the Guangzhou Software Park, China. The 500 sq. m. state-of-the-art facility is designed to scale up to 1000 employees by 2008 end.The development center will serve as a nearshore set-up for the company`s customers based out of Hong Kong and Japan.
MFs net buyers in equities worth Rs 74.4 mn on Nov 27
Mutual Funds (MFs) turned net buyers in equities worth Rs 74.4 million on November 27. They bought equity worth Rs 3599.1 million and sold equity worth Rs 3524.7 million. Till November 27, they have been net buyers in equities worth Rs 3477.7 million.
Value of purchases by mutual funds has been the highest in debt segment over the last 40 trading days. Value of net purchases or sales by MFs also has been the highest in debt over the last 96 trading days.
MFs were also net buyers in debt on November 27 worth Rs 10759.1 million. They bought debt worth Rs 14146.1 million and sold debt worth Rs 3387 million. Till November 27, they have been net buyers in debt to the tune of Rs 55991 million.
FIIs net buyers in equities worth Rs 4,056 mn on Nov 27
Foreign institutional investors (FIIs) remained net buyers in equities to the tune of Rs 4,056 million (USD 89.2 million) on November 27. They bought equity worth Rs 30,829 million and sold equity worth Rs 26,773 million. Till November 27, they have been net buyers in equities worth Rs 97,784 million (USD 2124.6 million).
FIIs were also net buyers in debt on November 27, worth Rs 891 million (USD 19.6 million). They bought debt worth Rs 891 million. Till November 27, they have been net buyers in debt to the tune of Rs 5757 million (USD 125.4 million).
Till November 27, FIIs have thus been net buyers in both equities and debt to the tune of Rs 1,03,541 million (USD 2,250 million).In the derivative segment, the FIIs were net sellers to the tune of Rs 1,513.4 million on November 27. They bought derivatives worth Rs 46,621.8 million, while they sold derivatives worth Rs 48,135.2 million.
posted by SY at 7:32 PM
0 Comments:
Post a Comment
<< Home