Indiabulls Ventures has received capital markets regulator Sebi's approval to raise Rs 2,000 crore by issuing equity shares to its existing shareholders on rights basis.
Shares of Wipro today slipped more than 3% on BSE after the third largest IT services firm posted 8.4% fall in consolidated net profit for the Dec quarter.
Earnings of bluechips like Axis Bank and Maruti Suzuki as well as derivatives expiry will dictate the market trend in a holiday-shortened week ahead, say experts.
Sensex continued its record-setting spree for a second day, scaling a new high of 35,476.70 as banking stocks led rally on sustained foreign fund inflows.
The 30-scrip Sensitive Index (Sensex) opened on a positive note during the morning session of the trade.
Leading stock exchange NSE successfully completed a live-trading from its new disaster recovery (DR) site in the city.
The benchmark Sensex recovered from its early volatility to trade 126.76 points higher in late morning deals on easing fiscal deficit concerns despite lower Asian cues.
The benchmark BSE Sensex recovered 70 points in opening trade today on gains in IT, banking and auto stocks despite weak Asian cues.
BSE said its board has approved the plan to buyback shares worth Rs 1.66 billion within one year of its listing.
Asia and Europe’s big bourses kept world shares on their record-breaking run, though a steadier dollar halted the sizzling start to the year for the euro, yen and yuan.
Completes acquisition of 49% stake in the projects from MBL Group
Total consideration of Rs 2,300 Cr
Projects involve 4-laning of sections of NH-72A & NH-73
Sets Rights Ratio Of 4 Fully Paid Shares For 25 Held
To issue up to 15.5 cr fully paid-up shares for up to Rs 8,000 cr
Sets Rights Issue Price At Rs 510/Fully Paid Share
To issue up to 7.8 cr partly paid-up shares for up to Rs 4,800 cr
Sets Rights Issue Price At Rs 615/Partly Paid Share
Gets 2 new orders worth Rs 205 Cr from Public Utilities Corp, Seychelles
Projects in waste water sector
Projects funded by European Investment Bank
Cos order backlog increases to Rs 2,200 cr, which is an all-time high
J KUMAR INFRAPROJECTS
Gets LOA for 2 projects from Delhi Metro Rail Corp
Work includes finishing works of 8 stations of Mumbai Metro Rail Project
Cost of Contracts stands at nearly Rs 57 cr
To acquire entire equity share capital of arm Travel News Services
Deal amounts to Rs 85 cr, with additional consideration of Rs 15 cr
Post acquisition, TNSI Retail to become step-down arm of co
TNSI JV Welcome Retail Private Limited to become step-down arm
Deal likely to be completed in 12-16 weeks
Note: Travel News Services (TNSI)
Effect of acquisition
Consolidation of retail business of FRL
To help FRL expand its presence at Airports, Metro Stations, Universities
Will have access to retail brand WH Smith", license for which is held by co
Note: Future Retail (FRL)