Piramal Healthcare acquired 4.36 million shares from the open markets through its two promoter companies, PHL Holding Pvt Ltd and Swastik Safe Deposit & Investment.
In recent days Indian corporate houses are increasingly acquiring companies in Latin America and Europe. But on the other hand these companies are not efficiently managed.
The Nokia India Employees Progressive Union held discussions with the management on Monday. "The wage settlement offered by company is quite low. We are not happy with that," said Union sources.
In mid-May, the European Commission released 2009 data showing carbon emission in the region had fallen 11 per cent over last year, to 1.873 billion tonnes.
The DGCA report, a copy of which is with Business Standard, stated that under the Madras high court direction, an inspection was carried out by a team headed by V K Arora, deputy director general, DGCA.
Crisil's experience is that these reports improve volumes for the companies covered.
With gold scaling all-time high levels and now trading at $1,241 per ounce, questions arise whether this is the right time to book profit from investment in gold or time to invest more.
DIPP's proposal is believed to have the support of the ministry of consumer affairs, food and public distribution and was originally mooted by the Forward Markets Commission.
Questions market regulator's showcause to insurers on conceptual, legal, structural grounds.
Tells finance ministry to allow companies a five-year timeframe
Economists forecast the benchmark food price indicator to slip to 12 per cent in near future
A prolonged cold spell in Europe and a rare conjunction of dates in China have combined to wilt the Valentine's Day hopes of rose cultivators in the Hosur region of Tamil Nadu. The two markets together account for 60 to 70 per cent of Hosur's supply, much of it crowded around Valentine's Day, on February 14.
Subhiksha Trading Services, the retail chain whose stores have been closed for more than a year for lack of money, is planning to reopen some through a franchise model, say sources.
Interview with Shankar Sharma,VC & Joint MD, First Global.
The manufacturing facility is being set up at Oragadam, near this city. The company has planned to set up 55 dealerships by 2012. So far, the company has appointed 23 and plans to add seven more by the end of this financial year.
Political disturbance over the demand for a separate Telangana state is forcing information technology companies to shift. The process to shortlist office space in neighbouring states, like Tamil Nadu, is underway.
Index products like fixed-income, volatility and weather to broaden basket for hedging.
India Inc sells a third of carbon credits to middlemen at low rates.
The Tiruchi unit of Bharat Heavy Electricals Ltd (BHEL) is considering four-five companies as candidates for acquisitions, its executive director, A V Krishnan, told Business Standard.
The popularity of the 'parallel banking service' continues to rise.