Sunday, July 4, 2010



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Intraday calls for 05-07-10

Posted: 04 Jul 2010 07:47 PM PDT

Markets likely to open slightly lower. Support for nifty is at 5200. If markets show recovery later during the day, buy: Torrent Power. View Market hour calls ...

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RNRL : RPOWER merge, swap ratio 4:1

Posted: 04 Jul 2010 04:07 AM PDT

The boards of two Anil Ambani-led power majors, Reliance Natural Resources and Reliance Power, on Sunday approved the merger of the two companies in a 4:1 share swap ratio. As per the merger Reliance Power shareholders will get four RNRL shares for each share held and RNRL shareholders w...

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Hindustan Media fixes IPO price band at Rs 162-175

Posted: 03 Jul 2010 10:34 PM PDT

New Delhi: Hindustan Media Ventures Ltd, publisher of Hindi daily Hindustan, has fixed the price band of its initial public offer (IPO) at Rs 162-175 a share. The IPO, through which the media house plans to raise up to Rs 270 crore, will open on July 5 and close on July 7. The company i...

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General Motors to file $20-billion IPO

Posted: 03 Jul 2010 10:32 PM PDT

In talks with banks to secure a $5-billion credit line General Motors Co plans to file its nearly $20-billion initial public offering (IPO) in mid-August, a source familiar with the situation said on Friday, later than some expected as bankers work to help sort out the auto maker's fin...

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