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Sunday, July 18, 2010

Upcoming IPO - SKS Microfinance Ltd


IPO Alert Blog (1 items)

[Title]Upcoming IPO - SKS Microfinance Ltd(2010-7-18 11:11:08)
[Summary]www.chittorgarh.com, sks microfinance ltd is entering in the capital markets with an initial public offering, ipo of 1,67,91,579 equity shares of rs. 10 for cash, at a premium to be decided through a 100% book built issue. the price band for the issue has been fixed at rs */- at lower level and rs */- at upper level for equity share of rs 10/-. sks microfinance ltd is the largest mfi in india in terms of total value of loans outstanding, number of borrowers, who they call members, and number of branches, according to the october 2009 crisil report titled india top 50 microfinance institutions, or the crisil report. sks microfinance is a non-banking finance company, or nbfc, registered with and regulated by the reserve bank of india, or rbi. they are engaged in providing microfinance servic


Moneycontrol Top Headlines (16 items)

[Title]Bull of the day: TCS(2010-7-16 22:31:30)
[Summary]tata consultancy services (tcs) closed at up 6.16%, or rs 48.30 at rs 832.40. it touched an intraday high of rs 838.30 and an intraday low of rs 792.

[Title]Nikhil Gandhi may pick up stake in Everonn Education(2010-7-16 22:31:30)
[Summary]nikhil gandhi may pick up stake in everonn education, quoting sources, reports cnbctv18. everonn education touched a 52week high of rs 613.40. at 15:08 hrs the share was quoting at rs 600, up rs 71.40, or 13.51%.

[Title]Diamond Power Infra bags order worth Rs 332cr; stk up(2010-7-16 22:15:18)
[Summary]diamond power infrastructure has bagged order worth rs 332 crore, reports cnbctv18. it touched an intraday high of rs 206.65 and an intraday low of rs 196.10. at 14:13 hrs the share was quoting at rs 205.50, up rs 4.45, or 2.21%.


Moneycontrol Top Headlines (1 items)

[Title]Indian ADRs: Wipro down 4.3%, Patni slips 3%(2010-7-17 16:58:31)
[Summary]indian adrs ended lower yesterday. in the it space, infosys was down 1.75% at $58.31, satyam was down 2.14% at $5.03, wipro was down 4.34% at $12.34 and patni was down 3.08% at $22.64.


BloombergUTV - India (2 items)

[Title]Deora asks states to lower VAT on fuel(2010-7-16 19:39:42)
[Summary]delhi government reduced value added tax on diesel from 20% to 12.5% resulting in price declining by rs 2.70 per litre

[Title]Indian banks may grow 2.5-fold: Kochhar(2010-7-16 13:55:38)
[Summary]the indian banking sector can grow at least twice the gdp growth rate




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