Larsen & Toubro a USD 5 billion technology, engineering and Construction Company with global operations, go down 10.26pct on today after the management think that the company is probable to acquire losses in the range of Rs 1.50 to Rs 2 billion related to commodities derivatives.
Currently, the stocks of the company […]

Sajjan Jindal-led JSW Steel on today said, “It will issue one equity share for all 22 held in Southern Iron and Steel Company Ltd (SISCOL) for merger of the two companies.”
The company said in a filling to the BSE, “As per the scheme of amalgamation, the equity shareholders of SISCOL would […]

Hindustan Zinc has fall by 3.5pct to Rs572. The company declares, “It increased lead prices by Rs1, 300, or 0.9pct, to Rs149, 600 per metric ton from March 8. The price of zinc was left unmoved at Rs127, 300 a ton.”
The scrip has stroked an intra-day elevated of Rs and a low […]

Foray of TVS Motor Company into three-wheeler market with the start on of TVS King didn’t evoke any optimistic response from the investors.
The stock fall 4.65 pct to Rs 37.90 on today on volume of 1, 24,254 shares against two-week average of 9,24,182 shares.
The scrip has been in a downtrend as it […]

Today Indian shares opened 1.8 pct lesser on today and rapidly extended losses to in excess of 3 pct, led down by L&T Ltd and ICICI Bank Ltd.
The 30-share BSE index was down 3.03 pct or 483.44 points at 15,492.08. The 50-issue NSE index was down 2.46 pct at 4,654.15 at 9:56 a.m
No […]

Marg Constructions Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 05, 2008 has Constituted a Committee of Directors named “Committee for Allotment” for the purpose of allotment of Convertible Warrants and Shares arising on conversion thereof and allotment of Shares to Qualified Institutional Buyers under […]

Ansal Properties & Infrastructure 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. Reference is invited to Note No 2 of the unaudited statement of financial results regarding the change in the basis of […]

Marg Constructions Ltd has informed BSE that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on March 05, 2008, inter alia, have taken the following decisions:
1. The Shareholders gave their consent to the Board to issue, offer and allot 97,00,000 (Ninety-seven Lacs) Warrants at a price of Rs 451.25 (Rupees […]

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 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 […]