Tuesday, September 9, 2008

Punj Lloyd Singapore arm bags contract worth Rs 1.67 bn

Bank of Baroda`s wholly-owned subsidiary BOB Capital Markets (BOB Caps), has plans to start e-broking services, an online trading platform, and regular broking facilities to predominantly cater to 33 million customers of its parent bank,

Vijaywada based Chemcel Biotech (CBL) engaged in the manufacturing of agrochemicals, has filed the draft red herring prospectus (DRHP) with market regulator, Securities and Exchange Board of India (SEBI) to tap the capital market with an initial public offering (IPO) of 15,400,000 equity shares of Rs 10 each for cash at a premium of Rs 6.

ONGC Videsh (OVL), a wholly-owned subsidiary of Oil and Natural Gas Corporation (ONGC), has put in a bid to buy stake in a discovered oil block in Angola

Vedanta Resources is considering a restructuring of its operations in India, the move is likely to result in the merger of Madras Aluminium Company (MALCO) with Sterlite Industries, both subsidiaries of Vedanta

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