LIVE MARKET TRACKER :   BSE SENSEX   29593.73      |    NSE NIFTY 8996.25    
GLOBAL MARKETS :  NASDAQ 4979.901   -0.56%    |    FSI London 6889.13   -0.74%    |    NIKKEI Japan 18815.16   -0.06%
  USD GBP EUR CAD AUD INR
USD - 0.6511 0.8949 1.2492 1.2794 61.826
GBP 1.5362 - 1.3747 1.919 1.9654 94.9771
EUR 1.1178 0.7278 - 1.3964 1.4301 69.1091
CAD 0.8008 0.5214 0.7166 - 1.0246 49.5123
AUD 0.7817 0.509 0.6996 0.9766 - 48.3325
INR 0.0162 0.0105 0.0145 0.0202 0.0207 -
Indian-Commodity  :  Investment  :  Tube Investments acquires 26% stake in Shanthi Gears

Tube Investments acquires 26% stake in Shanthi Gears (20-Nov-2012)

Tube Investments of India has acquired 26% stake in Shanthi Gears (SGL), Coimbatore. The company has bought 2,12,46,122 equity shares of Re 1 each of SGL.

Further, SGL has become a subsidiary of the company, effective from November 19, 2012, as the company's shareholding in SGL aggregates 5,72,96,413 equity shares of Re 1 each, representing 70.12% of SGL's share capital.

Tube Investments of India is a flagship company of the $2.4 billion Murugappa Group. It is engaged in manufacturing of precision steel tubes and strips, car doorframes, automotive and industrial chains and bicycles.


Top News Today
Global ratings agencies not much convinced with the Budget
(03-Mar-2015)

Global ratings agencies not much convinced with the BudgetAlthough the first full year budget of the new government has been termed pragmatic, it failed to turn heads of global ratings agencies and Standard & Poor's (S&P) ruled out a rating upgrade......click on news to read complete article.

Hero MotoCorp, Jubilant Life and Suzlon to see some action today
(03-Mar-2015)

Hero MotoCorp, Jubilant Life and Suzlon to see some action todayHero MotoCorp, the country's largest two-wheeler maker has reported a decline of 3.85% in total sales at 484,769 units in February 2015 as against 504,181 units sold in the same month last year. The company......click on news to read complete article.

Airlines to bear double whammy of Service tax and ATF price hike
(02-Mar-2015)

Airlines to bear double whammy of Service tax and ATF price hikeIt's going to be double whammy for the Indian aviation sector, while the Union Budget of 2015-16 has made the air travel costlier by proposing hike in service tax from 12.36 per cent to 14 per cent for......click on news to read complete article.

International Stock News
US markets closed higher; Nasdaq ends above 5,000
(03-Mar-2015)

US markets closed higher; Nasdaq ends above 5,000The US markets closed higher on Monday, with a rally lifting the Nasdaq Composite above 5,000 - a level not reached since 2000 for the tech-heavy index - while the S&P 500 and the Dow Jones Industrial......click on news to read complete article.

US markets closed lower on weak economic data
(28-Feb-2015)

US markets closed lower on weak economic dataThe US markets closed lower on Friday, with the main indexes finished the week roughly where they started it, but still booked hefty monthly gains. On the economy front, consumers spent a bundle in fourth......click on news to read complete article.

US markets closed mostly lower; Nasdaq ends in green
(27-Feb-2015)

US markets closed mostly lower; Nasdaq ends in greenThe US markets closed mostly lower on Thursday, as downbeat economic reports and selling pressure from the energy sector weighed on the benchmarks. The markets are still reeling under many risks, such......click on news to read complete article.

 

     
  
Recent Investment 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.