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The regulator alleged that the 6.83 per cent stake, which was acquired by RIL’s promoters together with persons acting in concert (PACs) in 2000, was in excess of the ceiling of 5 per cent prescribed in the takeover code.
NSE-BSE bulk deals: Hindustan Times buys stake in Dish TV IndiaHindustan Times today bought 20 million times at Rs. 19.22 apiece through a bulk deal on the National Stock Exchange.
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… Read MoreAdd Bajaj Electricals, target price Rs 1450: Centrum BrokingBajaj Electricals Ltd., incorporated in the year 1938, is a Mid Cap company (having a market cap of Rs 15276.12 Crore) operating in Consumer Durables sector.
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… Read MoreSell Steel Authority of India, target price Rs 99: ICICI SecuritiesSteel Authority of India (SAIL) Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 49690.22 Crore) operating in Metals - Ferrous sector.
from Stocks-Markets-Economic Times https://ift.tt/2… Read MoreInfosys completes buyback of 5.58 cr shares worth Rs 9,200 crThe shares were bought back at a volume weighted average price of Rs 1,648.53 per equity share, according to a public notice.
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… Read MoreIndustrial production registers faster-than-expected growth in July, but recovery uneven: NomuraThe key areas of revival were capital goods, infrastructure and construction output growth, especially electrical and machinery and equipment segments, Nomura economists wrote.
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