- IDBI Capital has been mandated to sell 5% of NSE stake. The Exchange is valued around Rs 20,000cr.
- Hind Copper FPO deffered again. The FPO will happen in the second quarter of FY 12.
- Fortis Global acquires 28.6% in Colombo hospital. Fortis has paid $ 36.3 million for the 350 bed hospital.
- Lanco Infra buys Australian coal forms for Rs 3400cr. These firms have an esitmated reserve of 1.2b tonnes.
- Canara Bank raises $ 350 m under medium term note to fund credit growth in overseas business.
- RBS : Oil prices unlikely to dip in the short term. At $120 a barrel, may affect GDP of Asian countries by 2%.
- Bank of India to buy 51% in Bharati AXA Mutual Fund.
- Shriram to dilute 15% stake to TPG. TPG will be investing around Rs 1800cr in Shriram Capital Limited.
Saturday, March 05, 2011
MARKET WATCH
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