Saturday, February 4, 2012

Piramal adds 5.5% stake in Vodafone

Piramal adds 5.5% stake in Vodafone

Piramal adds 5.5% stake in Vodafone

Posted: 04 Feb 2012 04:04 PM PST

Piramal Healthcare, the flagship of billionaire Ajay Piramal, has doubled its shareholding in Vodafone India Ltd. Piramal paid $618 million to pick up an additional 5.5% stake.

Sensex gains for 5th straight week

Posted: 04 Feb 2012 06:04 AM PST

Riding high on the back of frantic buying by foreign funds, the benchmark Sensex posted gains for the fifth consecutive week and settled higher by almost 371 points at more than three-month high of 17,604.96.

Europe aims to double e-commerce

Posted: 04 Feb 2012 05:54 AM PST

European Union competition ministers supported plans on Friday to remove barriers to electronic trade in a bid to spur economic growth and jobs by expanding the single market to the digital world, officials said.

Piramal picks up another 5.5% in Vodafone

Posted: 04 Feb 2012 02:46 AM PST

Piramal Healthcare Saturday announced it would buy a 5.5% stake in Vodafone India for Rs.3,007 crore ($618 million), taking the total stake of the cash-rich drug manufacturer in the mobile telecom firm to 11%.

Gold prices fall sharply, silver plunges

Posted: 04 Feb 2012 02:07 AM PST

Prices of gold tumbled by Rs 600 while silver fell sharply by Rs 1,590 a kg on the bullion market due to heavy selling by stockists which took cues from weak global markets.

Oneworld alliance defers Kingfisher's entry

Posted: 04 Feb 2012 02:00 AM PST

Ailing Kingfisher Airlines, which was suspended by IATA for non-payment of dues two days ago, would not join the global airlines' grouping 'oneworld'.
Posted by Harshad at 9:33 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)