Mumbai, Feb 23: The Bombay Stock Exchange Sensitive Index (Sensex) today saw a major downfall. The Sensex today slipped by over 400 points to touch 13621 mark. On Thursday markets closed on 14,021.31 points.The sudden fall in sensex, just when the Parliament session on Budget began, is mostly due to the sustained selling pressure across the board. All the index pivotals are in the red, especially banking, FMCG and pharma stocks. Top gainers on the Sensex are Tata Steel.....
Servalakshmi Paper, engaged in the business of manufacturing Printing & Writing Paper and Newsprint, is launching an Initial public offer (IPO) at a price band of Rs 27-29 a share to raise Rs 60-crore. The issue will open on 27th April 2011 and will close on 29th April. The objective behind raising the funds by the company is to build a capital base to meet the preliminary and pre-operating expenses. Keynote Corporate Services Limited is the book running lead manager to the issue.....
Mumbai, May 20: Tomorrow is slated to be a historic day for Asia's oldest exchange, as the 132-year old premier Bombay Stock Exchange (BSE) resumes trading in it's new fully demutualised avatar. From being an association of it's member brokers, the BSE has made a landmark transformation into a company, in a deal that is worth a whopping USD 1 billion. Though not willing to disclose the identities of all the investors who have been.....
Mumbai, May 17: Suzlon Energy Ltd has launched and priced a proposed Foreign Currency Convertible Bonds (FCCBs) issuance for an amount of USD 300 million. Deutsche Bank acted as the sole bookrunner to the transaction. The FCCBs, which have a maturity of five years and one day, are convertible at a conversion price of Rs 1,800 per share (as adjusted from time to time), which is at a premium of 59.59 per cent over the volume.....
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