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Friday, September 12, 2008

Equity Market News -12th September 2008

  • Companies with low public float will have to increase stake to minimum 25% - ET
  • People of Indian Origin may get nod to buy property in India without RBI approval - ET
  • Rocksource to pick up 10% stake in ONGC's Cauvery deepwater block - ET
  • Government decides not to allow merger of Indian companies with foreign companies - ET
  • Jetlite to cut staff by a third to integrate with Jet Airways - BS
  • Omaxe to raise Rs 300 cr via 10% stake sale in subsidiary Natnl Affordable Hsg: DNA
  • Deccan, Kingfisher register biggest drop in passengers carried in August - DNA

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