Geojit board to issue convertible warrants
Kochi: The board of directors of Geojit Financial
Services Ltd has decided to issue warrants, which can
be converted to 4,50,000 equity shares, to the promoters.
Approval for the issue of warrants will be sought at the
EGM to be held on April 24.
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Coke employees of Plachimada to go
on indefinite fast
Kochi: Employees of the Coco-Cola factory at Plachimada,
will go on an indefinite fast at Thiruvananthanpuram to
demand immediate government intervention to protect thousands
of workers, who have been rendered jobless following the
stoppage of production by the company for want of water.
They will also hold a protest march in the city on Monday.
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NIIT and IIT-Delhi to offer course
on bioinformatics
New Delhi: NIIT and IIT Delhi will jointly offer
a curriculum in the sunrise bioinformatics field.
Operating under the aegis of the Foundation for Innovation
and Technology Transfer (FITT) at IIT Delhi, the curriculum
will allow science post-graduates to build careers in
bioinformatics. Engineering and medical graduates will
also be eligible to enrol for this programme.
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Data
Access IPO postponed
New Delhi: Data Access (India) Ltd has postponed
its IPO, involving 5-crore equity shares with a face value
of Rs 10 each. The price band of the IPO was slated to
be pegged at Rs 17-20, and the issue was to open on March
29.
The company, which is the country's second largest provider
of international long distance services (ILD), said that
it could not proceed with the public issue in the wake
of the Securities Exchange Board of India (SEBI) seeking
certain clarifications.
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