Shares of PTC India Financial Services listed Wednesday with a 4.5% discount on the National Stock Exchange and slipped further 16% to Rs 23.50, which some analysts said was because of high valuations.
Posts Tagged ‘India’
Jet, Kingfisher to operate extra flights to Chandigarh
Private airlines will operate two additional flights from Delhi and Mumbai to Chandigarh to cater to high demands of air tickets by the cricket fans keen on watching World cup semifinal between India and Pakistan at Mohali.
ICICI Pru Life to focus on NRI sapce with annuity solution
ICICI Prudential Life Insurance today said that it would target the NonResident Indian (NRI) segment by offering annuity solutionICICI Pru Immediate Annuitywhich addresses the needs of NRIs by ensuring a regular flow of income to ageing parent(s) in India, a press release issued here stated.
SBI opens affordable housing loan cell
India’s premier bank, State Bank of India, today inaugurated its first ”affordable housing loan” cell in Mumbai, which will provide a platform for its customers to interact with the bank.
DB Realty jumps 16.79%
Shares of DB Realty are trading at Rs 97.40, up Rs 14, or 16.79% at the Bombay Stock Exchange (BSE) on Tuesday at 1:02 p.m. Sundaram V Rajagopal, has resigned from the company`s board with effect from March 21
Axis Bank to set up six more branches in Mumbai
Axis Bank , India`s third largest private sector bank, today announced plans to launch six additional branches in Mumbai taking the total number of branches in Maharashtra state to 181 by Mar. 31, 2011.
Essar Energy to buy Stanlow refinery for USD 350 mn
Essar Energy plc, the India-focused integrated energy company, today announced that, through its indirect wholly owned subsidiary, it has now entered into an asset purchase agreement with Shell UK (Shell) to acquire the oil refinery and other associated assets at Stanlow, near Ellesmere Port, Cheshire (Stanlow Refinery) from Shell for a consideration of USD 350 million (GBP 219 million) in cash. Acquisition of the Stanlow Refinery, which is the second largest refinery in the UK, will give Essar Energy direct access to the UK market.
Ramco Systems plans Rs 40cr rights issue
Ramco Systems has entered into the growing Bangladesh market and also has a rights issue on the cards. In an interview with CNBCTV18, R Shankar, Executive VP, India Middle East and Africa, Ramco Systems says, the ratio is yet to be worked out.
30m people to suffer from diabetes in 20 yrs: Novo Nordisk
In the first of the two part series on improving the control of diabetes pandemic in India, an eminent panel of doctors and a senior manager of Novo Nordisk spoke on CNBCTV18 and helped explain and understand the contours and dynamics of the diabetes problem.



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