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Khazanah arm converts GDRs in Apollo into shares
Integrated (Mauritius) Healthcare Holdings, an arm of Malaysian sovereign fund Khazanah Nasional Bhd, has converted global depositary receipts (GDRs) worth Rs 213.80 crore into equity shares in Apollo Hospitals Enterpises Ltd. The value was derived based on the share price converted, quoted on the Bombay Stock Exchange, on the day of conversion. The company holds 11.22 per cent of the total paid-up
Integrated (Mauritius) Healthcare Holdings, an arm of Malaysian sovereign fund Khazanah Nasional Bhd, has converted global depositary receipts (GDRs) worth Rs 213.80 crore into equity shares in Apollo Hospitals Enterpises Ltd. The value was derived based on the share price converted, quoted on the Bombay Stock Exchange, on the day of conversion. The company holds 11.22 per cent of the total paid-up
Sensex up more than 300 points as buying gains momentum
After moving in a tight band for close to four hours, the market has moved higher with buying at some front line counters gathering some momentum this afternoon. The mood remains quite upbeat today
After moving in a tight band for close to four hours, the market has moved higher with buying at some front line counters gathering some momentum this afternoon. The mood remains quite upbeat today
Ambit, Nikko join hands to offer investment advisory services
City-based Ambit Holdings has joined hands with Tokyo’s Nikko Asset Management to offer investment management and advisory services in India and Mauritius. Under the 50:50 joint venture (JV),
Anil Agarwal's brother now Cairn India chairman, daughter joins board
Navin Agarwal, brother of Anil Agarwal, chairman of London-based Vedanta Resources, has taken over as chairman of Cairn India. Vedanta Resources is the new promoter of Cairn India, with 58.5 per
Pipavav aims for Rs 900-cr investment
A strategic investor abroad is to buy up to 10 per cent of stake in Pipavav Defence and Offshore Engineering for Rs 900 crore. A company statement said it'd issue 81.88 million shares to the
A strategic investor abroad is to buy up to 10 per cent of stake in Pipavav Defence and Offshore Engineering for Rs 900 crore. A company statement said it'd issue 81.88 million shares to the
Hinduja Foundries to come out with Rs 125-cr rights issue
Hinduja Foundries is planning to come out with a Rs 125-crore rights issue even as the the country's largest casting maker is facing delay in its proposed plant at Toopran in Andhra Pradesh. The
Hinduja Foundries is planning to come out with a Rs 125-crore rights issue even as the the country's largest casting maker is facing delay in its proposed plant at Toopran in Andhra Pradesh. The
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