Yamaha
Pref Shares Set For A Roll-over
Yamaha Motor India has sought roll-over of redemption
of preference shares due to its financial situation.
The
companys 7.75 per cent non-cumulative preference
shares of Rs 100 face value are due for redemption between
December 31, 2002 and April 24, 2003.
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Eicher
promoters plan open offer to up stake by 20%
New Delhi: Eicher Goodearth Ltd and Eicher International
Ltd, the major stakeholders in Eicher Ltd, are planning
to go in for an open offer to up the promoters' stake
in Eicher Ltd by 20 per cent. Currently, the promoters'
stake in the company is about 60.79 per cent.
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BPCL
rises on dividend hopes
New Delhi: EVEN as uncertainty surrounds the disinvestment
of Bharat Petroleum Corporation Ltd, the New Year is likely
to bring some measure of good news from the company.
According to dealers, the market is expecting a `substantial'
dividend announcement from the oil major shortly.
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Gelli,
KP Firms Barred From Trading In GTB
Mumbai: In a major follow-up to the report of the
Joint Parliamentary Committee (JPC), the Securities and
Exchange Board of India (Sebi) has debarred the promoters
of Global Trust Bank (GTB), Ramesh Gelli and his associates,
and Ketan Parekh (KP) entities from dealing in GTB stock
in any manner, for alleged manipulations in banks
shares, till the regulator completes investigations in
the case.
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Tata
Honeywell volumes soar
Kolkata: The relatively calm Tata Honeywell Ltd
counter logged record volumes on the NSE today. The traded
quantity jumped to 1.37 lakh shares on the bourse from
yesterday's figure of just 29,320 shares. The two-month
average daily volumes of the stock on the NSE on Monday
stood at 2,991 shares only.
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