Archive for the 'Stock Market' Category

Oricon Enterprises - Limited Review for the quarter ended Dec 31, 2007

Oricon Enterprises Ltd has informed BSE that in the limited review report of the Company for the quarter ended December 31, 2007, the Auditors of the Company have made the following observations:
“1. The Company has not recognized the Current Tax Liability as well as Deferred Tax liability / Asset for timing differences arising during the […]

GEE - Outcome of Board Meeting

GEE Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 05, 2008, after considering due diligence findings and valuation report dated March 03, 2008 of Ford Rhodes Parks & Co., Mumbai, Chartered Accountants have approved (subject to necessary approvals) the swap ratio for amalgamation of Ferroseal […]

Wearology - Updates

With reference to the earlier announcement dated December 06, 2007 regarding Sale of Investment in Gopi Resorts Pvt Ltd, Wearology Ltd has informed BSE that the due diligence and all the various legal formalities have been completed and as per the Share Purchase Agreement the sale of whole of its Investment in Gopi Resorts Pvt […]

McNally Bharat - Limited Review for the quarter ended Dec 31, 2007

McNally Bharat Engineering Company Ltd has informed BSE that in the limited review report of the Company for the quarter ended December 31, 2007, the Auditors of the Company have made the following observations:
“1. Attention is drawn to the following:
(i) Adjustment for deferred taxation as per requirements of Accounting Standard - 22 on Accounting for […]

Tatia Global - Outcome of Board Meeting

Tatia Global Venture Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 05, 2008, inter alia, has transacted the following:
1. The Board of Directors have allotted 55,00,000 equity shares of Rs 10/- each to the share holders of the transferee Company pursuant to scheme of arrangement […]

Rel Power will bid for Dabhol, if up for sale

The Anil Dhirubhai Ambani Group has stated that Reliance Power will be its engine for any big-scale acquisition in power generation business and for setting up any nuclear power plant as and when government policy permits. ADAG chairman Anil Ambani, here to promote his group’s ambitious initial public offer (IPO) for Reliance Power, told reporters […]

January 4 - Sensex gains 276 points

Markets are trading firm in the noon deals of Friday with the benchmark index at 20,621 making a gain of 1.36 per cent or 276 points. The index touched an all time high of 20,628 in the intra-day trade.
In the broader markets, Nifty is holding up in green by 1.6 per cent. The 50-share index […]

Indian Stocks Little Changed; Oil Stocks Gain, Infosys Falls

India’s energy shares gained, paced by state-run Oil & Natural Gas Corp., on hopes the government will raise auto fuel rates after global crude prices touched $100 a barrel. The stock benchmark swung between gains and losses. Some government-owned refiners also gained after Oil Secretary M.S. Srinivasan said India may consider raising retail pump prices […]

Giny & Jony IPO to hit the market soon

Giny & Jony IPO is expected to hit the markets in the first half of the current calender year. Gini & Jony Apparel is one of the largest kidswear brands in India in terms of sales and brand reach. However the turnover of the company has not reached the 100 crore mark yet. Hence the […]

Future Capital IPO : Sebi clears Future Capital IPO

Future Capital IPO has finally received the long awaited clearance from SEBI. Future Capital IPO is likely to hit the markets in January 2008. The only thing that could deter the Future Capital IPO now is bad market conditions. If market remains buoyant, Future Capital IPO will hit the markets soon. Reliance Power IPO is […]