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Bank of India cuts base rate to 9.65% effective Sep 30

Sep 28, 2016

Bank of India cuts base rate to 9.65% effective Sep 30

Bank of India has cut the base or the minimum lending rate by 0.05 percent to 9.65 percent #BSE #Bank of India #Base Rate #borrowers
Singapore fund management co Amansa Holding hikes stake in Ceat to over 5%

Sep 28, 2016

Singapore fund management co Amansa Holding hikes stake in Ceat to over 5%

Amansa has acquired 4,75,000 shares of the tyre maker constituting 1.17% stake, thereby taking its overall stake in the firm to 5.19% #BSE #tyre #Ceat #Singapore fund #Amansa Holding
Coal India's Rs 3,650 cr buyback offer at Rs 335/sh to start on Oct 3

Sep 27, 2016

Coal India's Rs 3,650 cr buyback offer at Rs 335/sh to start on Oct 3

The offer size represents approximately 24.95 per cent of the aggregate of the fully paid-up share capital and free reserves #coal india #BSE #PSU #share buyback
Indiabulls Housing Finance raises up to Rs 7,000 cr via NCDs for biz expansion

Sep 27, 2016

Indiabulls Housing Finance raises up to Rs 7,000 cr via NCDs for biz expansion

The debentures are expected to carry a coupon rate in the range of 8.55-9.15 percent #BSE #debentures #fund raising #Indiabulls Housing Finance #NCDs #coupon rate
Pfizer concludes Rs 110 crore deal with Piramal Enterprises

Sep 26, 2016

Pfizer concludes Rs 110 crore deal with Piramal Enterprises

In May this year, Ajay Piramal-led Piramal Enterprises had entered into an agreement to acquire four brands from Pfizer for a consideration of Rs 110 crore #Ajay Piramal #BSE #Pfizer #Piramal Enterprises
Bayer launches open offer to buy up to 26% in Monsanto India at Rs 2,481.60 a share

Sep 20, 2016

Bayer launches open offer to buy up to 26% in Monsanto India at Rs 2,481.60 a share

The offer price is 4 percent higher than the Monsanto India's closing rate of Rs 2,390 per share today on the BSE #Pesticide #BSE #Monsanto #Open offer #GM cotton seeds #Bayer group #bio-tech
IFCI to offload its entire 13.67% stake in ACRE to Axis Bank

Sep 19, 2016

IFCI to offload its entire 13.67% stake in ACRE to Axis Bank

IFCI to sell its entire stake in ACRE to Axis Bank for Rs 22.72 crore #BSE #Axis Bank #IFCI #ACRE #non-performing financial assets
Natco Pharma to file over 10 ANDAs in US in next 2 fiscals

Sep 16, 2016

Natco Pharma to file over 10 ANDAs in US in next 2 fiscals

As of March 31, 2016, the company has a portfolio of 38 niche ANDA filings in the US, including 16 Para IV filings #BSE #US market #Pharma #ANDAs #Natco Pharma #USFDA
Ajanta Pharma promoters to consolidate shareholding for better visibility

Sep 14, 2016

Ajanta Pharma promoters to consolidate shareholding for better visibility

Promoters will consolidate their shareholding in the hands of seven individual family members and one family controlled promoter group entity all of whom currently are part of the promoter group #BSE #consolidation #Shareholding #Ajanta Pharma #Agrawal family
BEML Q1 net loss widens to Rs 107 crore

Sep 14, 2016

BEML Q1 net loss widens to Rs 107 crore

The company had posted a net loss from ordinary activities after tax of Rs 68.10 crore in the year-ago period #BSE #Sales #BEML #Net loss #total expenses