After Trading Hours News
Ishaan RE raises 180 mn pounds from London IPO
Domestic realty firm Ishaan Real Estate Plc said on Tuesday that it has raised 180 million pounds (over Rs 1,500 crore) with the successful completion of its initial public offering on the London Stock Exchange.The company said the IPO of 180 million ordinary shares has been priced at one pound per share and conditional dealings in the shares would begin today.
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Bharat Electronics bags order from Zee Gr
Bharat Electronics Ltd on Tuesday said that it has bagged an order from Wire and Wireless India Ltd of Zee Group for supply of two lakh set top boxes.The supplies are expected to start in December matching with the Conditional Access System (CAS) roll out scheduled for January 2007, the company informed the Bombay Stock Exchange.
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Union Bank, IL&FS ink MOU for banking and custodian services
Union Bank of India and IL&FS entered into a strategic alliance by signing a MoU for establishing a platform for providing banking and custodian-cum-demat services to Foreign Institutional Investors (FIIs) investing in the Indian capital market.
The alliance is envisaged between the two entities, primarily for the purpose of tapping business opportunities generated from investments made by FIIs in Indian capital market.
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SAIL to invest Rs 50 mn in developing new mines
Public sector steelmaker, Steel Authority of India (SAIL) has earmarked an investment of around Rs 50 billion for developing new mines in the four mining blocks of Orissa, Jharkhand and Chhattisgarh, report agency sources.
The investment will be made till 2011-12. The company plans to enhance the production of the existing mines and set up new mines and blocks.The four blocks are located at Chiria, Gua, Kiriburu and Meghahatuburu in Jharkhand, Taldih and Bolani in Orissa, and Rowghat in Chhattisgarh, SAIL`s raw materials division executive director, M Roy indicated.
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Sun Pharma allots over 5 lakh shares
Sun Pharmaceutical Industries Ltd on Tuesday said it has allotted 5.13 lakh equity shares upon conversion of 8,325 Foreign Currency Convertible Bonds (FCCBs).
The committee of directors (allotment), at its meeting yesterday, allotted 4.62 lakh equity shares of Rs 5 each at a premium of Rs 724.30 per share upon conversion of 7,500 zero coupon FCCBs of 1,000 dollar each into equity shares, Sun Pharmaceutical Industries informed the Bombay Stock Exchange.Earlier on November 18, the company allotted 50,916 equity shares of Rs 5 each at a premium of Rs 724.30 per share upon onversion for 825 zero coupon FCCBs of 1,000 dollar each, it added.
After the said allotment of equity shares, the paid up equity share capital of the company increased to 18.78 crore equity shares of Rs 5 each.
Domestic realty firm Ishaan Real Estate Plc said on Tuesday that it has raised 180 million pounds (over Rs 1,500 crore) with the successful completion of its initial public offering on the London Stock Exchange.The company said the IPO of 180 million ordinary shares has been priced at one pound per share and conditional dealings in the shares would begin today.
To Read More Click Here
Bharat Electronics bags order from Zee Gr
Bharat Electronics Ltd on Tuesday said that it has bagged an order from Wire and Wireless India Ltd of Zee Group for supply of two lakh set top boxes.The supplies are expected to start in December matching with the Conditional Access System (CAS) roll out scheduled for January 2007, the company informed the Bombay Stock Exchange.
To Read More Click Here
Union Bank, IL&FS ink MOU for banking and custodian services
Union Bank of India and IL&FS entered into a strategic alliance by signing a MoU for establishing a platform for providing banking and custodian-cum-demat services to Foreign Institutional Investors (FIIs) investing in the Indian capital market.
The alliance is envisaged between the two entities, primarily for the purpose of tapping business opportunities generated from investments made by FIIs in Indian capital market.
For Detailed ArticleClick Here
SAIL to invest Rs 50 mn in developing new mines
Public sector steelmaker, Steel Authority of India (SAIL) has earmarked an investment of around Rs 50 billion for developing new mines in the four mining blocks of Orissa, Jharkhand and Chhattisgarh, report agency sources.
The investment will be made till 2011-12. The company plans to enhance the production of the existing mines and set up new mines and blocks.The four blocks are located at Chiria, Gua, Kiriburu and Meghahatuburu in Jharkhand, Taldih and Bolani in Orissa, and Rowghat in Chhattisgarh, SAIL`s raw materials division executive director, M Roy indicated.
To Read MoreClick Here
Sun Pharma allots over 5 lakh shares
Sun Pharmaceutical Industries Ltd on Tuesday said it has allotted 5.13 lakh equity shares upon conversion of 8,325 Foreign Currency Convertible Bonds (FCCBs).
The committee of directors (allotment), at its meeting yesterday, allotted 4.62 lakh equity shares of Rs 5 each at a premium of Rs 724.30 per share upon conversion of 7,500 zero coupon FCCBs of 1,000 dollar each into equity shares, Sun Pharmaceutical Industries informed the Bombay Stock Exchange.Earlier on November 18, the company allotted 50,916 equity shares of Rs 5 each at a premium of Rs 724.30 per share upon onversion for 825 zero coupon FCCBs of 1,000 dollar each, it added.
After the said allotment of equity shares, the paid up equity share capital of the company increased to 18.78 crore equity shares of Rs 5 each.
posted by SY at 8:12 PM
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