LUXEMBOURG STOCK EXCHANGE
Sebi imposes Rs 40 lakh fine on Sybly Industries MD, director for GDR manipulation
Sebi noted that the entire 1.51 million GDR were subscribed by only one entity, Vintage FZE (now known as Alta Vista International FZE).
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...
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.
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.
Airtel’s Africa business valued at $6.6 billion
Bharti Airtel had recently showcased its Africa business and strategies to further turn around the asset during an analyst meet in Uganda
Videocon Industries to raise $45.21 million through GDRs
Videocon said that it has received in-principal approval for the issuance of GDRs in Luxembourg but did not disclose the end use details.
Dish TV, Videocon D2H to merge as single DTH company
Dish TV Videocon limited to be headed by Jawahar Goel as CMD, Videcon d2h to name vice chairman and joint MD.
Luxembourg for early conclusion of India-EU FTA
Luxembourg pushed for an early conclusion of the India-EU FTA, saying it will be mutually beneficial and in line with the current reforms.
SMEs keep fund-raising alive in tough conditions
Gujarat-based SMEs have already concluded three IPOs, two PE deals and one GDR issue, and there is a significant rise in enquiries.
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