Popular Articles

Tantia Constructions to dilute 10% equity
Civil and core infrastructure development company Tantia Constructions is looking at diluting 10 per cent of its total equity to raise money for upcoming projects, according to market sources. The company is considering fund raising through secondary market transactions, though the exact quantum of cash to be realised through the stake offloading could not be ascertained.

Hyundai net jumps 104% in 2009 on India, China sales
Riding on back of brisk sales in India and China, Korean car major Hyundai Motor Company today said its net profit for the year 2009 zoomed by 104.5 per cent at 29.615 trillion won (about Rs 1,18,950.16 crore) from the previous year.

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Dry winter worries HP farmers
With virtually no rain in Himachal Pradesh for the past four months, farmers are deeply worried over the drought-like conditions in the hill state.
Public Company

Lupin gains on $100 mn FCCB issue

The stock settled at Rs 1,438, up 2% from its previous close. The counter clocked volumes of 25,792 shares as compared to the two-week daily averegae traded volumes of 49,619 shares on the BSE. _________________________________________________ UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit The stock opened at Rs 1,412 and surged 2.3% to touch a high of Rs 1,439. It is now trading with a 2% gain at Rs 1,436. The stock is now just 1% away from its 52 week high of Rs 1,451. The stock has jumped 8% in the past month. The counter has seen trades of around 6,635 shares on the BSE. According to a release issued by the company to BSE, Foreign Currency Convertible Bonds ( FCCBs) of $100 million has been issued. These bonds would mature in January 2011 and will be listed on the Singapore Stock Exchange.


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