He sold 8.84% stake for Rs 55 crore based on average stock price in September quarter.
There is no way out for Mallya's debt problems unless he sells some of his stake, says an analyst.
The Muhurat trading on the Bombay Stock Exchange will be held on Friday, November 9. According to a release issued by the BSE, the exchange will be open for trading between 6 pm and 7 pm on Friday
The company's meeting with the striking employees failed to resolve the deadlock over unpaid salaries.
Index options safest in derivatives but can wipe out all the capital if attempted without knowledge.
A combined 14,398 shares have changed hands on the counter and there are pending sell orders for 115,711 shares on the National Stock Exchange and Bombay Stock Exchange.
Last year, Tech Mahindra and Mahindra Satyam announced their intention to merge aming to create a $2.4 billion entity.
After a disastrous 2011, stock market investors are pinning hopes on next year. Top sell-side analysts believe though there is more pain ahead, 2012 is likely to end on a positive note.
Indian shares may not be able to build solid gains on last week's relief rally as concerns surrounding slowing growth in Asia's third-largest economy and lingering worries over euro zone debt crisis will continue to temper investors' enthusiasm.
Investors and analysts also questioned an expensive aircraft acquisition in the March quarter and possible insider trading.
Some analysts say it is too early to say anything about the prospects.
An analysis of 989 companies that account for 52 per cent of the total market capitalisation on the Bombay Stock Exchange shows net profit growth of 2.7 per cent over the previous year was reported mainly due to strong profit numbers registered by players in banking, cement, information technology, pharmaceuticals and fast moving consumer goods.
The country's second largest software firm Infosys on Tuesday reported a 15.72 per cent jump in consolidated net profit to Rs 1,722 crore (Rs 17.22 billion) for the first quarter ended June 30, 2011.
The board of directors of textile company S Kumars Nationwide will meet on November 9 to consider a proposal to acquire a home textiles company in the United States.
Several markets, including commodity, foreign exchange and money markets will remain closed on Tuesday on account of 'Maha Shivratri'.
Benchmark share indices ended nearly 2% down on Monday, amid weak cues from Asia and Europe, with index heavyweight Infosys leading the decline
Benchmark share indices ended lower on Wednesday weighed down by selling pressure in bank shares on concerns of rising non performing assets in wake of the economic slowdown. Selling in metal and capital goods shares also dampened market sentiment.
The Bombay Stock Exchange's benchmark Sensex crashed by 580 points to 15,484 at 1230 hours on Wednesday as operators succumbed to fresh selling pressure amid a rapid pullout of foreign capital as a poor manufacturing outlook for China and weaker-than-expected growth in the United States spurred fresh fears of a global slowdown.
Shares of Anil Ambani-led Reliance Communications and Reliance Infrastructure gained five per cent each on expectation that rate cuts would help lower the interest cost burden of these companies.
Bombay Stock Exchange and the National Stock Exchange, Forex and money market will remain closed on Thursday, February 13, on account of Id-ul-Zuha.\n\n
The stock markets will be open on Saturday for trading from 10.30 am to 1.30 pm.
'Investing in the stocks of holdcos can be a very efficient and inexpensive way of gaining exposure to the stocks of India's reputable growing business houses.'
The data centre would enhance the infrastructure required to consolidated the state level applications and would be interoperable with the existing infrastructure, TCS said in a filing to the Bombay Stock Exchange.
Strengthening its portfolio in personal and household care segment, FMCG major Godrej Consumer Products on Friday said it has acquired 'Swastik' and 'Genteel' brands for an undisclosed amount.
There are some companies in the sector that have seen a decline in revenues but their performance is not sufficient to cause such a decline in industrial production data.
The closing of the transaction is subject to receipt of applicable regulatory approvals in China.
Britannia Industries Ltd on Thursday said it has appointed Jeh N Wadia and Emmanuel Faber as additional directors on the board of the company. \n
Much is riding on the role of market intermediaries to get this platform going
Much is riding on the role of market intermediaries to get this platform going
India's HCL Comnet, a subsidiary of HCL Technologies, has got a network management order worth Rs 31 crore (Rs 310 million) from state-run National Insurance Company, the Bombay Stock Exchange said on Friday.\n\n\n\n
Most of the major markets, including Bombay Stock Exchange, National Stock Exchange are closed
The government holds 85.82 per cent stake in SAIL.
On the NSE, the stock tanked 10.19 per cent to a low of Rs 2,219.
Markets have opened marginally higher ignoring subdued global cues. The Sensex has advanced 51 points to 17,443 and the 50-share Nifty has opened higher by 14 points at 5,289 levels.
Sathavahana Ispat plant resumes operations.
Decades after he received a letter from someone by the last name of Biden from Mumbai, soon after becoming a senator, Biden learned that his 'great, great, great, great, great grandfather' had worked in the East India Company. "There are five Bidens in Mumbai, India," Biden, then Vice President, told a Washington audience in 2015 at an event organised by the Confederation of Indian Industry and Carnegie Endowment for International Peace on the occasion of the 10th anniversary of India-US civil nuclear deal.
The floor or the minimum offer price for Nalco's share sale has been set at Rs 40 apiece, which was a 10 per cent discount to Thursday's close of Rs 44.65.
Markets continued to trade on a volatile note in afternoon deals, ahead of the futures and options expiry on Thursday. The Sensex is up32 points at 16,999. Nifty is up five points at 5,146.
The Indian stock market, hit by global fears and a high inflation-interest rate regime, has been the second-worst performer in Asia this calendar year - a shade above Bangladesh.
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