April 2, 2008CRISIL has given the much awaited UTI MF IPO, which will be the first IPO by a mutual fund, an IPO grade of 4. CRISIL IPO grade 4 indicates that the fundamentals of UTI MF IPO are above average when compared to other listed companies in the country. Baring the rare grade 5 given to [...]
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April 2, 2008The record date for Shree Renuka Sugars Stock Split has been declared by the company. Shareholders of Renuka Sugars who hold shares of Renuka Sugars as on the record date for the stock split will be eligible for the stock split benefits. Renuka Sugars Stock Split Record Date is April 21, 2008. Last month the board [...]
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February 21, 2008News of the proposed Reliance Power Bonus Issue pumped the Reliance Power counter in the past few days. As per the announcement made with the stock exchanges, Reliance Power will issue bonus shares to compensate the bad listing the shares had after its much hyped IPO. The bonus shares will not be issued to the promoter [...]
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November 23, 2007Rolta Bonus Issue Record date was announced earlier today. The record date for Rolta India Bonus issue has been fixed as Friday January, 25 2008. Earlier, the board and the shareholders of Rolta India Limited had approved the issue of bonus shares to the shareholders of Rolta India in the ratio of 1:1 (1 bonus share for [...]
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November 5, 2007In a major boost to the Reliance IPTV project, which is the first of its kind in India, CNN today reported that Reliance Communications has partnered with Microsoft to launch Reliance’s Internet Protocol Television (IPTV) service which will enable users to do on-line shopping, e-learning and e-banking, apart from watching TV. The price of the [...]
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October 30, 2007The composition of the 50 share NIFTY index will be altered soon. NIFTY is the benchmark index of the National Stock Exchange, NSE. Idea Cellular and Cairns have found their way in while MTNL and HPCL have been chucked out from the NIFTY. These tow changes made in NIFTY will come into effect from 12 December 2007. The share prices [...]
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October 10, 2007Indian sugar industry was upbeat today after new ethanol rules were announced by the government. There was a surge in sugar stocks led by Bajaj Hindusthan, which zoomed by more than 12%. Other sugar stocks which saw double digit price increase today were Balrampur Chini Mills and Triveni Sugar. Government of India has allowed sugar companies [...]
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