Page 75 - Companies
SC dismisses Nirma plea in Shree Rama open offer
Nirma Industries will have to complete an open offer for the shares of Ahmedabad- based packing firm Shree Rama Multi Tech after the Supreme Court today dismissed its appeal against a Sebi directive in this regard.
 "SC dismisses Nirma plea in Shree Rama open offer")
Oracle sells 5.3% stake in OFSS to meet regulatory norms
Oracle today announced that it will sell 5.3% stake in BSE-listed Oracle Financial Services Software to meet the regulatory requirements in the country.
 "Oracle sells 5.3% stake in OFSS to meet regulatory norms")
DLF picks banks to sell up to 81 million shares
DLF is planning to sell up to 81 million shares and has mandated eight banks for the institutional placement sale, according to a term sheet.
 "DLF picks banks to sell up to 81 million shares")
Cobra stings again, 23 new institutions named
Online media firm Cobrapost.com today made money laundering allegations against a wider set of banks and financial institutions.
 "Cobra stings again, 23 new institutions named")
RBI cuts repo rate by 25 bps, leaves C-R-R unchanged
The Reserve Bank of India cut the repo rate by 25 basis points for the third time since January, but said there is little room to ease monetary policy further.
 "RBI cuts repo rate by 25 bps, leaves C-R-R unchanged")
Bharti Airtel Q4 net down 49% at Rs 509 crore
Bharti Airtel posted a 49.4 per cent drop in net income at Rs 509 crore during the January-March quarter
 "Bharti Airtel Q4 net down 49% at Rs 509 crore")
Unilever to raise stake in HUL in $5.4 billion offer
Unilever Plc will pay as much as 5.4 billion dollars to raise its stake in Hindustan Unilever to up to 75 per cent
 "Unilever to raise stake in HUL in $5.4 billion offer")
Lanco Infra settles Rs 19,600-cr lawsuit by Perdaman
Griffin Coal, a subsidiary of Lanco Infratech, settles Rs 19,600-cr lawsuit by Perdaman
 "Lanco Infra settles Rs 19,600-cr lawsuit by Perdaman")
Exceptional income drives Biocon Q4 net up 250%
Biocon posted a 2.5 times jump in net profit to Rs 249 crore for the fourth quarter of F-Y-13 as compared to a year ago period, boosted by an exceptional income of Rs 202 crore.
 "Exceptional income drives Biocon Q4 net up 250%")
Nagarjuna Oil's Rs 22,000 cr refinery to start phase-I in mid 2014
Nagarjuna Oil's Rs 22,000 cr refinery to start phase-I in mid 2014
 "Nagarjuna Oil's Rs 22,000 cr refinery to start phase-I in mid 2014")
Economic Review pegs FY14 GDP growth at 6.4%
The Economic Review pegged India's FY14 GDP growth to be at 6.4 per cent.
 "Economic Review pegs FY14 GDP growth at 6.4%")
JSPL looks at being third largest steel producer
JSPL looks at being third largest steel producer
 "JSPL looks at being third largest steel producer")
RIL says will give up 56% of KG-D6 block
RIL says will give up 56% of KG-D6 block
 "RIL says will give up 56% of KG-D6 block")
HCL Technologies profit up 73%, beats estimates
HCL Technologies beat analysts' estimates with a 73 percent rise in quarterly profit.
 "HCL Technologies profit up 73%, beats estimates")
ITC cuts cigarette prices by 15-20%
ITC cuts cigarette prices by 15-20%
 "ITC cuts cigarette prices by 15-20%")
Gold futures dip below 26,000-mark on global cues
Gold futures prices today dipped below 26,000-rupee level to trade at 15-month low of 25,270 rupees per 10 grams
 "Gold futures dip below 26,000-mark on global cues")
S D Shibulal, CEO and MD of Infosys on Q4 results- Part 4
S D Shibulal, CEO and MD of Infosys on Q4 results- Part 4
 "S D Shibulal, CEO and MD of Infosys on Q4 results- Part 4")
S D Shibulal, CEO and MD of Infosys on Q4 results- Part 3
S D Shibulal, CEO and MD of Infosys on Q4 results- Part 3
 "S D Shibulal, CEO and MD of Infosys on Q4 results- Part 3")
Wockhardt slumps 10% on heavy volumes
Wockhardt slumps 10% on heavy volumes
 "Wockhardt slumps 10% on heavy volumes")
Car sales fall 7% in FY13, first drop in a decade
Car sales in India fell an annual 6.7% in the financial year that ended in March, their first fall in a decade
 "Car sales fall 7% in FY13, first drop in a decade")
