Category: Market news
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Market Buzz
INDIA CEMENTS: SOURCES TO CNBC AWAAZ Ultratech front runner to acquire India Cement’s MP Project In talks with JSW Cement, Birla Group, Adani Group for cement plant sale Madhya Pradesh Project with Limestone mine valued upto Rs 800 cr India Cement earlier planned 3 MTPA integrated plant on 700 acres in MP Also looks to…
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No stake sale, PNB to retain promoter status in pnb housing finance ltd
Punjab National Bank will continue as a promoter of PNB Housing Finance Ltd (PNBHFL) even after the mortgage lender completes its rights issue Post-rights issue, the holding of the bank (in PNBHFL) would come down below 30%, but would be kept above 26% so that bank retains promoter status**Presently, the bank doesn’t have any plan…
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