The Bombay Stock Exchange (BSE) has reduced the membership deposit and fee requirements for new members in its cash and equity derivatives segments with immediate effect. The membership can now be obtained by paying a deposit of Rs 10 lakh instead of Rs 1 crore (Rs 10 million).
Select markets like the Bombay Stock Exchange, National Stock Exchange, Foreign Exchange and the Money Market will remain closed on Friday.
US-listed iGate's open offer for buying a little over 20 per cent stake in Indian IT company Patni Computer Systems will begin on April 8 and close on April 27.
After record foreign inflows of $29 billion in 2010, foreign institutional investors have hit pause.
Drug-maker Ranbaxy Laboratories on Thursday said it has received the US health regulator's approval to market Quinapril Hydrochloride and Hydrochlorothiazide tablets, used in treatment of high blood pressure, in different strengths in America.
A sharp rise in Reliance-Anil Dhirubhai Ambani Group (ADAG) stock prices baffled market players on Tuesday.
This is how trading in shares using your mobile handset will change your world.
The takeover battle for Fame India further heated up with financial services provider Religare Securities on Monday hiking its stake to 5.82 per cent in the multiplex chain operator on behalf of some its clients.
Anil Ambani Group company Reliance Capital has acquired a 4.98 per cent stake in an infra developer Trinethra Infra through an open market transaction.
Essar Shipping Ports & Logistics on Thursday said Ravi Ruia, who is also the Vice-Chairman of Essar Group, has resigned from the company's board with immediate effect due to other commitments.
New Delhi Television Ltd has declared a dividend of 20 per cent for the financial year 2004-05.
IT distributor Redington (India) on Wednesday said its overseas subsidiary will acquire a 49.4 per cent stake in Turkey-based Arena for $42.464 million (about Rs 194 crore).
The company has reorganised the Big Cinemas operations into geographies to adequately support its expansion in regional markets, Reliance MediaWorks said in a filing to the Bombay Stock Exchange. Big Cinemas would focus on the company's operations in North, East and Central India.
The Microsoft-TCS virtualisation CoE is a joint initiative by the companies to accelerate the adoption of virtualisation technology in India, TCS said in a filing to the Bombay Stock Exchange on Tuesday. Virtualisation is the creation of a virtual (rather than actual) version of something, such as an operating system, a server, a storage device or network resources. This helps companies in cutting costs and optimising resources.
Bajaj Tempo Ltd has approved change in the name of the company to 'Force Motors Ltd'.
'I can tell shareholders we're going to be very responsible with our capital, we're going to be absolutely execution focused.'
The board of directors of the company have approved that the funds be raised through various instruments.
The Bombay Stock Exchange, the oldest bourse in Asia, is looking at listing its benchmark 30-share index Sensex on the US-based International Securities Exchange that is owned by Eurex Frankfurt AG.
IT major Wipro on Thursday said it will pay Rs 7 crore (Rs 70 million) each to its former joint chief executives Girish Paranjpe and Suresh Vaswani as severance packages.
Sun Pharma, which was fighting a takeover battle with Israeli pharma major Taro, on Wednesday said that the Supreme Court of Israel has given the ruling in favour of the company.
After its stock fell 22 per cent on the Bombay Stock Exchange, education solutions provider Educomp Solutions filed a complaint with the Additional Commissioner of Police, Economic Offences Wing, Crime Branch (Delhi Police) to identify the source of malicious emails alleging account manipulation, and has sought action against them.
After the massive price volatility in Shekhawati Poly-Yarn, listed in January, the counter of Omkar Speciality witnessed wild price movements within a couple of days of listing.
IT and BPO services provider MphasiS on Wednesday said it is set to acquire AIG Systems Solutions (AIGSS), part of the troubled insurance giant American International Group Inc, for an undisclosed amount.
Government has approved follow-on public offer of Power Finance Corporation worth Rs. 5,732 crore.
The company had posted a net profit of Rs 413.70 crore (Rs 4.13 billion) in the corresponding period previous year, Mahindra & Mahindra said in a filing to the Bombay Stock Exchange.
Foreign institutional investors have been net investors to the tune of Rs 55,000 crore (Rs 550 billion) in equity markets this year so far. In contrast, domestic institutional investors have been net sellers over the past three months.
Anil Ambani Group firm Reliance Broadcast Network on Wednesday said it has completed its final negotiations with US media conglomerate CBS Corp to form a JV to own and operate TV channels.
In a filing to the Bombay Stock Exchange Subex said it has signed a multi-million dollar contract with a US-based communication services provider to implement a software that helps in cost management.
The company has fixed February 9, 2011 as the record date for ascertaining the eligibility of the shareholders, who would be entitled to receive sub-divided shares and bonus shares, it said in a separate filing to the BSE.
The trades done on February 6 would be settled on February 9 as a separate settlement.
The brokerage expects single-digit returns from the Bombay Stock Exchange's Sensex with year-end target of 18,000. The Sensex has fallen almost 8 per cent in the last seven trading sessions because of global liquidity tightening.
Tata Consultancy Services posted 29.93 per cent jump in consolidated net profit at Rs 2,369.83 crore (Rs 23.69 billion) for the third quarter ended December 31, 2010. The company has announced 200 per cent dividend. It has declared the third interim dividend of Rs 2 per equity share of Re 1 each.
BSE officials are busy meeting market participants, especially derivatives strategists, to pitch for a product they launched around two months ago - mid-month expiry contracts.
Wockhardt Chairman Habil Khorakiwala can breathe easy, as bankers have approved the debt restructuring package he had sought three months ago.
Domestic 3rd quarter news weigh on sentiment. Analysts, however, saw some silver lining with European markets trading higher.
Arvind Ltd would pay $3.2 million to Ralph Lauren to settle a lawsuit the US-based luxury fashion house filed in 2013.
The Bombay Stock Exchange and Foreign Exchange market will remain closed today due to a terrorist attack in Mumbai.
The Bombay Stock Exchange will start a separate platform for the small and medium-size enterprises by the year-end, a top bourse official said on Wednesday.
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