Saturday, September 19, 2009



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Ramzan Id… BSE, NSE closed on Monday

Posted: 19 Sep 2009 11:57 AM PDT

On Friday, Sensex gained 30 points to end at 16,741 while Nifty added 10 points to shut shop at 4,976. The market will have a much needed rest due to an extended weekend on account of Ramzan Id. On Friday, the BSE Sensex gained 30 points or 0.12% at 16,741 after touching a high of 16,76...

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Birla to up stake in Hindalco

Posted: 18 Sep 2009 09:58 PM PDT

Novelis to make operational profit from 2012-13, says Kumar Birla at AGM. Aditya Birla Group Chairman Kumar Mangalam Birla plans to increase his shareholding in aluminium producer Hindalco Industries from open market purchases. He did not specify the timeframe or amount of stake that he w...

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This IPO will be game-changer for shipyard industry: Pipavav

Posted: 18 Sep 2009 09:54 PM PDT

ET: The initial public offer of India's largest dockyard Pipavav Shipyard was oversubscribed by 8.24 times with the retail segment getting oversubscribed by two times on Friday the day of the closing. Data with the stock exchanges shows that the QIB segment was subscribed 10.63 times, ...

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