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Refund
or face action, SEBI tells Kalpataru Agro
Mumbai: The Securities and Exchange Board of India
(SEBI) has directed the management of Kalpataru Agro India
Ltd, to refund the money collected from the public in
a month's time or face the consequence of severe penal
proceedings.
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Hero
Honda rides on ties renewal
Kolkata: The Hero Honda scrip on Thursday raked up
gains on the major bourses following positive news over
the continuation of the Japanese partnership with the
Hero Group. LIC and Birla Mutual Funds reportedly picked
up a decent quantity of Hero Honda equities from the market.
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Block
deals in HDFC Bank
Mumbai: The counter of HDFC Bank saw sharp rise in
trading volumes on the BSE with several block deals witnessed
on Thursday. Dealers said these deals were done in various
tranches. The deals were of around 8 lakh shares.
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Canara
Bank sees buying interest
Mumbai: Canara Bank stock on Thursday moved up on
buying interest, mainly from operators and traders, according
to brokers. The stock opened on the Bombay Stock Exchange
at Wednesday's closing of Rs 61.55, rose to the intra-day
high of Rs 63.60 and settled at Rs 62.85 at close. The
stock has gained around Rs 3 or 5 per cent this week.
The 52-week high of the stock is Rs 73.
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Cautious
approach by investors in derivatives market
Mumbai:The Nifty ended 2.05 points lower at 999.65
levels as compared to Wednesday's close of 1,001.70 points.
The BSE Sensex also slid into red, shedding 1.84 points
to end at 3,108.24 levels.
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Select
techs shine in range-bound market
Mumbai: The BSE Sensex continued to be plagued by
apprehensions of an extended weekend. The Sensex moved
within a narrow band during the day's trading, closing
for the day, 1.84 points lower at 3,108.24 points.
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Maruti
IPO to be completed in June
New Delhi: The initial public offering (IPO) of 36
lakh shares held by the Government in Maruti Udyog Ltd
(MUL) will be completed in June, the Union Disinvestment
Minister, Arun Shourie, said in the Rajya Sabha on Thursday.
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Ketan
Parekh denied bail
Kolkata: Ketan Parekh's bail was rejected by the Chief
Metropolitan Magistrate (CMM), Calcutta, on Thursday.
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Rupee
steady; G-secs choppy
Mumbai: The rupee was unchanged in its value against
the greenback on Thursday at 47.6550/660 despite good
demand for the dollar as compared to Wednesday's levels.
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