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Equity

SICOM Sells 10% Stake In Shree Ashtavinayak Cine Vision

State Industrial Corporation of Maharashtra (SICOM) has sold 10% stake in Shree Ashtavinayak Cine Vision Ltd in the market in the past three weeks. Shares sold by SICOM were pledged and hence were not reflecting in the shareholder's ...

By Deeshesh Chheda | 17 February 2011

Equity

BSE Launches Sharia-Compliant Index

BSE along with Taqwaa Advisory and Shariah Investment Solutions (TASIS) has launched a Shariah compliant equity index - BSE TASIS Shariah 50 index, using the strict guidelines and local expertise of a domestic, India-based ...

By Deeshesh Chheda | 28 December 2010

Equity

Polyplex Sells Stake In Its Thai-Listed Subsidiary

Thin polyester film maker Polyplex Corporation has sold 10% stake of its Thai-listed subsidiary Polyplex (Thailand) Public Company Ltd, Thailand (PTL) to raise funds for further growth of business.

By Irfan Khan | 19 November 2010

Equity

Xl Telecom Issues 18 Lakh Shares To Goldman Sachs On FCCB Conversion

XL Telecom & Energy Ltd has alloted over 18 lakh shares to Goldman Sachs Investments (Mauritius) I on the conversion of bonds. Golman Sachs has picked up 8% stake i.e.18,65,156 equity shares at Rs.150 per share, aggregating to Rs.27.97 Cr by converting ...

By Deeshesh Chheda | 24 September 2010

Equity

Lehman Brothers And Other Institutions Sell Their Stake In Tulip Telecom

Tulip Telecom has witnessed few bulk deals yesterday on Aug 18, 2010 where majority of the investment institutions including ICICI Prudential Life Insurance Co sold stake in the company.

By Deeshesh Chheda | 19 August 2010

Equity

INM To Sell Stake In Jagran Prakashan

Independent News & Media Investments Ltd may sell 6.5% stake in Jagran Prakashan today for over Rs 200 Cr.

By Jarna Gandhi | 4 August 2010

Equity

Redington India Promoters' Sell 14% Stake

The promoters of Redington India have sold 14% stake in the company for Rs 391 Cr.

By Irfan Khan | 2 July 2010

Equity

FrontPoint Management Picks Up More Shares in Parkway Holdings

UK-based FrontPoint Management LLP - a unit of Morgan Stanley Asia - has bought 110,000 shares of Fortis Healthcare- controlled Singapore's Parkway Holdings from the open market for S$ 3.85 a share.

By Jarna Gandhi | 15 June 2010

Equity

Sequoia Bought 7% Stake In Hindustan Glass

equoia Capital has bought 7% stake in Hindustan National Glass for Rs.127 Cr ($27 mn) in an open market transaction.Ironwood Investment Holdings, an investment entity of Sequoia bought shares from the promoters of the company, the Somany ...

By Deeshesh Chheda | 2 June 2010

Equity

Morgan Stanley Mauritius Buys 2.5% in JM Financial

Morgan Stanley Mauritius Co. Ltd has bought 2.5% stake in JM Financial Asset Management Pvt. Ltd in a block deal for Rs.68.24 Cr (18.4 mn shares at Rs.37.06 a share), thus increasing its stake in the company from 2.37% to nearly 4.8%.

By Deeshesh Chheda | 1 June 2010
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Editorial

India A Bright Spot For Otherwise Insolvent CalPERS

I heard that Calfornia Pension is going to default and I started wondering what could be India's contribution to that.

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