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SAT
sets aside Sebi order on LKP securities
Mumbai: The Securities Appellate Tribunal on Tuesday set aside
an order passed by the Sebi suspending the certificate of registration
of LKP Securities, a member of the NSE for a period of 15 days
effective from 27 June.
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Reliance
group stocks under selling pressure
Mumbai: The
stock prices of Reliance group companies Reliance Industries (RIL),
Reliance Petroleum Ltd (RPL), Reliance Capital and Reliance Industrial
& Infrastructure came under selling pressure in Tuesdays
trading following the news of Dhirubhai Ambanis hospitalisation.
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Narrow
movement on the bourses
Mumbai: Tuesdays trading activity witnessed restricted
movement. Prices of the tradable counters moved within a narrow range.
Bulls were successful to the extent of reducing the bear count by a
considerable margin.
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Nod
for FDI brings media stocks into focus
Mumbai: Stock
of media companies with interest in news and publication business were
in the limelight today following the union cabinet decision to allow
26 per cent FDI in the news and current affairs segment and 74 per
cent in the non-news, non-current segment.
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Videocon
scrips in the limelight
Mumbai: The scrips
of the two Videocon group outfits Videocon International and
Videcon Appliances seem to be back as the punter's favourites
after the Securities Appellate Tribunal set aside the Securities and
Exchange Board of India's dictum.
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Cabinet
nod for IPOs of oil PSUs in two months: Naik
New Delhi: Reiterating that all clearances for IPOs would be
given in two months, Petroleum Minister Ram Naik said these IPOs were
meant for funding new refinery projects and the expansion of existing
refineries
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Union
Bank files draft for IPO
Mumbai: Union Bank of India has priced its initial public offer
of 18-crore shares at an issue price of Rs 15-18 per share to raise Rs
270-324 crore. The bank has filed its draft offer document with the
Securities and Exchange Board of India.
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