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Sun Pharma chief expects Ranbaxy deal to be closed by mid-Feb

Drug major Sun Pharma's top executive Dilip S Shanghvi expects the $4-billion Ranbaxy deal to be concluded by middle of next month while stating that the key challenge before the

CIL staff to participate in disinvestment programme: Goyal

Employees of state-run behemoth Coal India will be given an opportunity to participate in the proposed disinvestment of the company and all issues regarding their opposition to the share sale

Sebi asks Servotech promoters to make offer to buy more shares

Sebi has directed promoter group entities of Servotech Engineering Industries to make public announcement for acquiring additional shares in the company from shareholders, and pay them 10 per cent interest

TVS Motor to replace Arvind from NSE's Nifty midcap 50

TVS Motor Company will be included in the NSE's Nifty Midcap 50 index, replacing textiles major Arvind Ltd from next month.
The exclusion of the textiles and apparels company is

BSE Sensex, NSE Nifty end the week on fresh highs

The BSE Sensex and the NSE Nifty continued the bull run during the week and ended above the 29,000-mark and 8,800-level respectively, also marking the all-time highs for both the

World shares lifted by QE; oil up after Saudi king dies

Stocks and bonds surged worldwide and the euro sank to an 11- year-low on Friday, the day after the European Central Bank announced a quantitative easing plan. Oil rose

India Inc purchases shares worth 34% of buyback targets

India Inc bought back shares worth Rs 3,000 crore from public shareholders through the repurchase programme last year, achieving just about 34 per cent of the targeted amount.
In all,

Govt likely to sell 5 pc shares in PFC next week: Source

India is likely to sell a 5 percent stake in state-run Power Finance Corporation Ltd next week, a finance ministry source said, as the government scrambles to meet part of

Ipca Labs hit by FDA ban on plant for standard violations

The US Food and Drug Administration (FDA) has banned imports from Indian generic drugmaker Ipca Laboratories Ltd's plant at Ratlam in Madhya Pradesh due to violations of standard production practices.

RCap gets shareholders' nod for stake sale to Sumitomo Mitsui

Reliance Capital has received shareholders' approval for its initial stake sale of 2. 77 per cent worth Rs 371 crore in the company to Japanese financial major Sumitomo Mitsui Trust

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  • Temptation Foods to pledge 7 lakh shares

    Fruit processing firm Temptation Foods dipped nearly 9 per cent after the company on Monday said it would pledge its 7 lakh shares to one of its

  • Hirco postpones EGM amid resistance

    Giving in to the pressure from shareholders, Hirco, an investment vehicle of Mumbai-based realtor Hiranandani group, has adjourned its extraordinary

  • Tata Motors to raise up to Rs 2,700cr

    Tata Motors is looking at raising up to Rs 2,704.07 crore through public borrowing, offering up to 13.5 per cent returns, as it struggles to finance

  • Ashok Leyland bags $10.5m order

    Hinduja Group flagship company Ashok Leyland on Monday said it has bagged an order worth $10.5 million from the Honduras Armed Forces for 139

  • Exide Q3 net up marginally at Rs 56cr

    Battery maker Exide Industries said it has posted a net profit of Rs 56.15 crore during the third quarter ended December, as against Rs 55.16 crore

  • Kalam resigns from EMRI board

    Former President APJ Abdul Kalam has resigned from the governing board of Emergency Management Research Institute (EMRI), a non-profit organisation

Smart Chips
  • rel.jpg

    After a phase of correction, the counter once again saw buying of positions in Thursday’s sessions.

Lazy Chips
  • SUN.jpg

    The counter continued to see selling of positions in cash market as well as derivative segment.


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