Stocks in news:
Indian ADRs: Sterlite down 17%, HDFC Bank down 13%
DLF buyback to open on October 15, offer to buy minimum 55 lakh and maximum 2.2 crore shares (0.32-1.29% equity) at a maximum price of Rs 600/sh
HEG buyback opens today; offer of up to 3.13% equity at maximum of Rs 350/sh
Alkali Metals IPO opens today; offer of 25.5 lakh shares, price band Rs 90-105
SEBI: -Changes eligibility criteria for introduction of derivatives at time of listing; -Does away with issue size, date of listing,
-Exchanges can introduce F&O contracts if the stock fulfills eligibility criteria
Provogue sells 3.6% stake in its Sub Prozone for $12.7 million to UK based LTG International
Quippo, a subsidiary of SREI Infra may transfer telecom assets to Tata arm, pick up 49% in merged entity - ET
Zandu owners, Emami attempt out-of-court settlement - ET
Alok Industries may sell eco-friendly textiles to Tatas - ET
Center weighs 100% FDI in commodity broking business - ET
Apax Capital, Blackstone in race for stake in Firstsource - Agencies
Re-listing: Southern Fuel to resume trading (after reduction of capital)
Board meets: Prism Cements results
Ex-split: State Bank of Bikaner & Jaipur from Rs 100 to Rs 10
Tuesday, October 7, 2008
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