IVRCL

Ending days of speculation over its attempt to take over IVRCL, the Essel group has decided not to increase its stake further in the E Sudhir Reddy-promoted company.
“I did

Foreign fund house Merrill Lynch Capital Markets today bought 21. 25 lakh shares of infrastructure company IVRCL Ltd for Rs 15 crore through an open market transcation

Shares of IVRCL settled over 2 per cent lower today amid Subhash Chandra-led Essel group saying it has no immediate plans to buy additional shares of the infrastructure company.

IVRCL

Subhash Chandra-led Essel group today said it has no immediate plans to buy additional shares of IVRCL Ltd, where it recently bought 12.27 per cent, as the promoters of

As the Essel group is seen inching closer to taking over management control of IVRCL, the promoters of the infrastructure company are unfazed and see no reason to panic, as

Within a week of increasing stake in IVRCL Subhash Chandra-led Essel group has further increased holding to 12. 27 per cent in it triggering speculation that the city-based