The Board of IIFL Holdings on Tuesday approved the acquisition of 3.25 lakh equity shares of India lnfoline Insurance Brokers (lllBL), constituting 65 per cent of its equity share capital. T…
Posts tagged BL
Jewellers’ body keen to set up spot gold exchange (08-12-2015)
The Indian Bullion and Jewellers Association has shown keen interest to launch India’s first spot gold exchange after the idea was mooted by Shantikantha Das, Secretary, Economic Affairs at…
Vipul Limited (08-12-2015)
Vipul has informed the exchanges that its debt securities – 19.25 per cent secured, rated, listed, redeemable, non-convertible debentures – for ₹10 crore (Series -3) have been listed and adm…
Weak rupee to impact capital sensitive sectors (08-12-2015)
Plunging to a fresh two-year low against the US dollar, the rupee on Tuesday lost 11 paise at 66.84. The falling rupee is likely to adversely impact stocks in capital-intensive sectors, su…
Will Dr Reddy’s response revive Street confidence? (08-12-2015)
In a post-market hours’ disclosure, Dr Reddy’s Laboratories on Tuesday said it has submitted its response to the US drug authority. The US Food and Drug Authority in November had issued a…
Acquisition bodes well for Kaya (08-12-2015)
Kaya Middle East-DMCC, a foreign subsidiary of Kaya, along with its local partner, has entered into an agreement to acquire 75 per cent beneficial interest in Abu Dhabi-based Iris Medical…
NCDEX castorseed (₹3,826/quintal): Sell (08-12-2015)
The castorseed futures contract traded on the National Commodity and Derivatives Exchange has witnessed a sudden downward reversal and has declined over 11 per cent in the past one month. E…
Broker’s call: SBI (Buy) (08-12-2015)
Prabhudas LilladherSBI (Buy)CMP: ₹235.90Target: ₹350We met the management of SBI to understand the recent developments in the sector, including change in base rat…
Improved buying lifts chana (08-12-2015)
Amid sluggish demand in pulses and pulse seeds, chana traded marginally higher on improved demand at lower rate with chana (kanta) today being quoted at ₹4,825-50 a quintal (₹4,800), while…
Birla group’s Pilani debuts on NSE (08-12-2015)
The shares of Pilani Investment and Industries Corporation — a non-deposit taking non-banking financial company of the Birla group — began being traded under the trade-for-trade segment…