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Just Dial IPO over-subscribed 11.63 times on last day Just Dial IPO over-subscribed 11.63 times on last day In a strong investor response, the initial public offer of local search engine Just Dial, the largest offer by an Indian Internet company, was subscribed 11.63 times on the last day of issue Wednesday.
FM for plugging regulatory gaps in financial sector FM for plugging regulatory gaps in financial sector Amid outcry over Ponzi schemes causing huge losses to common people, Finance Minister P Chidambaram on Wednesday said there are regulatory gaps and efforts are being made to frame a new law to oversee financial sector.
Tech Mahindra shares surge nearly 8% post Q4 results Tech Mahindra shares surge nearly 8% post Q4 results After making a positive opening, shares of the company further jumped 7.70 percent to Rs 979.85 on the BSE.
ICICI Securities, IDFC and Kotak Capital to manage EIL stake sale ICICI Securities, IDFC and Kotak Capital to manage EIL stake sale At the market price of around Rs 175 a share, the 10 percent stake sale could fetch about Rs 600 crore to the exchequer.
Rupee snaps initial gain, down 4 paise at 55.45 vs dollar Rupee snaps initial gain, down 4 paise at 55.45 vs dollar Strengthening of the euro against the dollar in overseas market and a higher opening in the domestic equity market supported the rupee, dealers said.
Sensex opens in green, trading at 20,200-level Sensex opens in green, trading at 20,200-level The 30-share barometer gained 90.93 points, or 0.45 percent, to 20,202.54 points. The index had lost over 174 points in the previous two sessions.
SEBI tightens algo trade norms; ups penalty for errant brokers SEBI tightens algo trade norms; ups penalty for errant brokers Algorithmic trading or 'algo' in market parlance refers to orders generated at a super-fast speed by use of advanced mathematical models that involve automated execution of trade.
Local search engine Just Dial IPO subscribed 70% on second day Local search engine Just Dial IPO subscribed 70% on second day Local search engine Just Dial's initial public offer, the biggest issue so far this year, was subscribed 70 percent on the second day of issue Tuesday.
Stock Guru: ED to attach Rs 125 cr property of accused couple Stock Guru: ED to attach Rs 125 cr property of accused couple The Enforcement Directorate (ED) is set to attach properties worth more than Rs 125 crore of the main accused in the Stock Guru scam -- Ullas Prabhakar and his wife -- under money laundering laws.
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