APN News

  • Thursday, March, 2024| Today's Market | Current Time: 07:58:42
  • STMicroelectronics Shareholders Adopt Resolutions at AGM

    STMicroelectronics , a global semiconductor leader serving customers across the spectrum of electronics applications, announces that all the proposed resolutions were adopted at the Company’s Annual General Meeting of Shareholders (AGM), which was held in Amsterdam on June 21, 2013. The main resolutions, proposed by the Supervisory Board, were: •      The adoption of the Company’s 2012 […]

    Sensex hits over 2-month low; down 233 pts on selling by FIIs

    After a day’s relief, the BSE benchmark Sensex on Monday fell 233.35 points to close at its lowest level in over two months, as foreign funds resumed selling, mainly in realty and consumer durables sector stocks, after rupee fell to near record lows. The 30-share index started the day on a weak note at 18,643.68, […]

    Oil extends losses in Asian trade

    Oil prices were lower in Asian trade on Monday on the stronger US dollar and as investors await latest economic growth estimates from the United States, the world’s top oil consumer, analysts said. New York’s main contract, West Texas Intermediate light sweet crude for delivery in August, was down nine cents at USD 93.60 a […]

    Sensex down over 130 points in early trade

    The BSE benchmark index Sensex on Monday fell by over 130 points in early trade on selling by funds amid a mixed trend in the Asian region. The 30-share barometer, which had gained 54.95 points in the previous session, fell by 130.56 points, or 0.70 percent, to 18,643.68 in the first few minutes of trading […]

    SOM annual results announced, shows good growth

    Mumbai : SOM Distilleries & Breweries Pvt. Ltd., one of India’s leading Breweries reported its consolidated financial results for the year ended March 31, 2013. For the year, the company posted a net income of Rs 205 crores as compared to Rs 195 crores in the corresponding period a year ago showing a growth of […]

    Stricter rules for buyback, preferential issue of shares likely

    With an aim to safeguard the interest of public shareholders, SEBI plans to streamline the procedures for buyback offers made by promoters and the issuance of shares on preferential basis. For the buyback offers made by promoters of listed companies, appropriate measures need to be taken for keeping under check non-serious proposals made to the […]

    ITDC, STC disinvestment on the anvil; FinMin moves Cabinet note

    The Finance Ministry has moved a Cabinet note for disinvestment in State Trading Corporation (STC) and ITDC to make the PSUs compliant with minimum public shareholding norms of SEBI. The disinvestment department has sought Cabinet nod to offload 5 percent stake in India Tourism Development Corporation (ITDC) and 1.02 percent in STC through the Offer […]

    Vodafone seeks more time to respond to conciliation proposal

    British telecom giant Vodafone has written to the tax department saying it needs some more time to reply to the latter’s proposal for entering into a non-binding conciliation to resolve the long-standing tax dispute. “Vodafone has replied. They asked for more time to reply to CBDT’s letter as they want conciliation under UNCITRAL,” sources said, […]

    Sahara freeze order gets SEBI Rs 52 cr in cash, investments

    Market regulator SEBI has been able to get hold of cash and investments totalling about Rs 52 crore and details of more than 450 acres of land so far through its attachment orders against Sahara group entities. In the high-profile case involving refund of over Rs 24,000 crore to the bondholders of two Sahara companies, […]

    Ensygnia closes seed funding stage with $3.3m total

    London: UK start-up Ensygnia, the Onescan mobile payments company – today confirmed it had successfully closed its final seed funding round raising more than $3.3m in cash and services, in phased investments, in little more than a year since commencing operations at the start of 2012. Among the principle investors is Telefonica’s start-up business accelerator […]