LUXEMBOURG STOCK EXCHANGE
India, Luxembourg ink 3 pacts to push investment ties in their maiden summit in two decades
The two sides have proposed agreement between the regulatory authorities "Commission de Surveillance du Secteur Financier” (CSSF) and the Securities and Exchange Board of India (SEBI) would deepen bilateral cooperation in the financial sector.
India-Luxembourg Summit to give push to foreign portfolio investments
Luxembourg is the 5th largest investor from the EU after the Netherland...
Fortis Healthcare redeems $100 million FCCBs
Post the redemption of the FCCBs, the company's net debt to equity ratio is estimated to be less...
Jindal Stainless rejig: Shareholders, creditors meet on May 16
Jindal Stainless will hold meetings with shareholders and creditors to discuss the business rejig plan as part of efforts to pare debt and boost profitability.
Sensex slips over 100 points, Nifty slips below 8700 ahead of FOMC outcome; ten stocks in focus
The 30-stock Sensex was trading in a range ahead of FOMC meet. Sesa Sterlite was top gainer with 3% gains. NTPC cracked 4%.
Fifteen stocks in focus in Monday morning trade
Indian markets are expected to trade higher. Here is a list of fifteen stocks which are likely to be in focus today.
Transgene Biotek to delist from Indian stock exchanges
Biotechnology firm Transgene Biotek today said that its board of directors has decided to delist its shares from Indian stock exchanges.
Romesh Sobti, MD & CEO, IndusInd Bank: The man behind the bank's turnaround
Four years ago, IndusInd Bank was nowhere on the map. Now, it is one of the top-rated banks in India. And, the credit should be given to Sobti.
Fortis Healthcare hit by governance issues; share down 25% since intra-group deal
At $665 million, the listed Indian entity is paying $115 million, or 20%, more to buy the unlisted overseas healthcare business owned by its promoters.
Indian firms make highest contribution to Luxembourg Exchange
Majority of the Indian companies which have listed their GDRs are in construction, software and biotechnology sectors.
Higher ore price to add to Resurgere margins
The company has reported a triple-digit profit growth in the past three consecutive quarters. Going ahead, the company is poised to benefit from recent increase in iron ore prices.
'Friendly buying' lifts FCS Soft on acquisition buzz
Shares of Delhi-based FCS Software Solutions are being accumulated by “friendly circles”. Buzz is that the company is in talks with some merchant bankers for making some small-ticket acquisition in the Middle-East
Suzlon Energy to list its GDR issue on Luxembourg Exchange
Wind power major Suzlon Energy Ltd is planning to list its Rs 5,000-crore global depository receipts issue on the Luxembourg Stock Exchange.
SC seeks details on Jermyn share deals
The Supreme Court on Friday sought details of the share transactions of Jermyn Capital, a foreign corporate sub-account of SEBI-registered FII Taib Bank, to decide on its plea challenging the market regulator’s order.
Mascon Global raises funds via FCCB and equity
Mascon Global Ltd, a leading Indian IT company, announced that it has successfully placed an offering of $50 million 2% foreign currency convertible bonds.