Monday, March 7, 2011

Corporate Snippets

±  L&T to raise Rs114bn from SBI-led consortium of banks. (BS)
±  Lanco Infratech agrees to acquire Australia’s Griffin Coal for ~Rs34bn. (ET)
±  Fortis Global Healthcare acquired 28.6% in Lanka Hospitals for ~Rs1.6bn. (ET).
±  Hero Honda promoters pledge 5.32% stake with IL&FS Trust for an estimated Rs15.9bn. (ET)
±  Green concerns to take a toll on Coal India’s output growth. (ET)
±  Nalco to split equity shares of Rs10 into 2 shares worth Rs5 each; the company also approved a 1:1 bonus. (BS)
±  Indian Bank aims to expand its branch strength by adding 100 branches across the country by the next financial year. (BS)
±  NTPC in talks with German bank KfW for funds to set up power plant in Rajasthan. (BS)
±  Bank of India set to buy 51% in Bharti AXA MF. (BS)

JOIN US!!

JOIN US!!
Send SMS for "STUDY" on 09825677777

web search ...