Equity Market News -8th September 2008

Monday, September 8, 2008

Govt not "in hurry" for private participation in N Power projects: Minister of state for power -FE
KKR eyes BT's stake in Tech Mahindra - ET
Metavante, which owns 20% stake in First Source, appoints Goldman Sachs to sell its stake, first round bid expected this month - FT
S Kumar Nationwide set to acquire Italian shirting firm for 75m euro - Mint
ONCG renews drilling in Cauvery deepwater block, hope of a breakthrough soon - BL
Sebi clears Future Venture IPO with few riders, co need to utilize the fund within 3 yrs and the needs shareholder approval to buy more than 20% stake in any co - ET
Wipro puts 3000 employees under scanner for under-performance, some may be asked to leave - ET
Bulk diesel user will have to pay market price of Rs 22/litre under dual pricing mechanism - ET
Govt to dilute stake in 2 PSU fertilizer co Hindustan Fertilizer Corp and Fertilizer Corp India to raise Rs 700 cr - ET
Visa Steel is said to have piped Tatas, Jindal for Tangarpada chrone ore in Orrisa - DNA

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