BSE to Suspend Trading in 17 Companies
New Delhi: BSE has ordered suspension of trading in shares of 17 companies, including Raj Irrigation Pipes & Fittings and Kohinoor Broadcasting Corporation, from August 26 until further notice. The move is aimed at ensuring safety of investors in the capital market. “Based on the... read more »
Royal Enfield announces entry into Indonesian market
Royal Enfield, the two-wheeler division of Eicher Motors , on Monday announced its entry into the Indonesian market, with plans to commence retail operations in the Southeast Asian country in the coming months. The company announced its future plans for Indonesia, the third largest two-wheeler... read more »
Indian Oil stake sale floor price set at Rs 387 a share
The government has set a floor price for the sale of shares in top state-run refiner Indian Oil Corp Ltd at 387 rupees each, the company said, a two percent discount from Friday’s close. At the floor price, the 10 percent stake sale in the company will bring in 93.96 billion rupees (USD 1.4... read more »
Gold surges by Rs.480 to reclaim Rs.27,000 mark
New Delhi: With the wedding and festive season fast approaching, the days of cheaper gold prices seems to be over as the precious metal climbed back to Rs.27,000 mark on Friday. After registering a decline recently, prices shot up by Rs.480 to touch Rs.27,180 at the bullion market. Silver also... read more »
