LIVE MARKET TRACKER :   BSE SENSEX   27126.57      |    NSE NIFTY 8159.30    
GLOBAL MARKETS :  NASDAQ 4728.554   +1.81%    |    FSI London 6466.00   +2.04%    |    NIKKEI Japan 17210.051   +2.32%
  USD GBP EUR CAD AUD INR
USD - 0.6384 0.8145 1.1596 1.2267 63.02
GBP 1.5666 - 1.2759 1.8166 1.9218 98.7271
EUR 1.2279 0.7839 - 1.4238 1.5063 77.3804
CAD 0.8624 0.5506 0.7024 - 1.058 54.3505
AUD 0.8154 0.5205 0.6641 0.9455 - 51.3846
INR 0.0159 0.0101 0.0129 0.0184 0.0195 -
Indian-Commodity  :  Equity & Shares  :  Hudson Equity Holdings sells 1.80 crore shares of Manappuram Finance

Hudson Equity Holdings sells 1.80 crore shares of Manappuram Finance (05-Jan-2013)

Hudson Equity Holdings has offloaded 1.80 crore shares of Manappuram Finance, the gold mortgage company in an open market transaction on January 04, 2013. The shares were sold at an average price of Rs 43.01 on Bombay Stock Exchange (BSE) valuing the deal at around Rs 77.42 crore. Till the end of September 2012 quarter, Hudson Equity Holdings held 7.2 crore shares constituting 8.54% stake of the company.

Besides, MS GMO Emerging Domestic Opportunities Fund has acquired 56.63 lakh shares of Manappuram Finance at an average price of Rs 43 a piece valuing the deal at around Rs 24.35 crore.

Manappuram Finance is a non-deposit taking NBFC and is mainly engaged in providing retail advances against bullion asset collaterals, in the form of household used jewellery. The company is having a strong presence in South India in states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh and had 2,908 branches across India at the end of FY 12.


Top News Today
RBI Governor emphasizes on better banking practices
(26-Nov-2014)

RBI Governor emphasizes on better banking practicesAmid the rising clamour from industry for rate cuts and signs of slow economic growth in September quarter that may compel Finance Ministry Arun Jaitley too, to argue Reserve Bank of India (RBI) Governor......click on news to read complete article.

GMR Infrastructure , FTIL and SAIL to see some action today
(26-Nov-2014)

GMR Infrastructure , FTIL and SAIL to see some action todayGMR Infrastructure (GIL) has emerged as lowest bidder in international competitive bidding for two packages of Eastern Dedicated Freight Corridor project involving construction of 417 km long double track......click on news to read complete article.

Telecom, IT and broadcast soon to see a new super-regulator
(25-Nov-2014)

Telecom, IT and broadcast soon to see a new super-regulatorA new super-regulator governing telecom, information technology and broadcast is on the anvil, as the Centre has finalised the broad outline for appointing a new super-regulator governing these sectors.......click on news to read complete article.

International Stock News
US markets end mostly in red on mixed economic data
(26-Nov-2014)

US markets end mostly in red on mixed economic dataThe US markets ended mostly in red on Tuesday on getting a mixed set of economic data, while the US third quarter GDP showed an unexpected growth, the consumer confidence declined in the month of November.......click on news to read complete article.

US markets move higher in a range bound trade
(25-Nov-2014)

US markets move higher in a range bound tradeThe US markets extending their gains ended modestly higher on Monday, though the trade remained tight ranged and some traders on the sidelines, lacking any major economic data. But the mood was jubilant......click on news to read complete article.

US markets closed higher as Europe, China fuel optimism
(22-Nov-2014)

US markets closed higher as Europe, China fuel optimismThe US markets closed higher on Thursday, as optimism in the global economy grew after central banks in China and Europe signaled additional stimulus measures. The initial strength on Wall Street came......click on news to read complete article.

 

     
  
Recent Equity & Shares News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.