Monday, October 4, 2010

Market Report

L&T sells 2.4% in Satyam for USD 66 mn


Apparel retailer Koutons' shares plunged by over 50% in 3 sessions-




Investors are concerned about recent over-pledging of shares by its




promoters, and resignations of some of its key directors and executies.

PE investors looking to sell stake in Pipavav

Super Sept: FIIs net buy Rs 29.19bn in equities so far



Tata Motors launches $525mn share sale: sources

SAIL cuts discount on prods by 2-3%

11% FIIs barred from new buys

RCom may get additional GSM spectrum soon

LIC to approach IRDA for floating infra bonds in 8-10 days

R-Infra starts Rs 1,985 cr Pune-Satara highway widening work

Tata Steel hikes prices by up to Rs. 1,500 a tonne

Oberoi Realty prices Rs 1,000-cr public float at Rs 253-260 a share