Management

Sun Pharma up on getting boost in Taro war

The stock ended at Rs 1,468, up 1% from its previous close. The counter clocked volumes of 18,616 shares as compared to the two-week daily average traded volumes of 30,875 shares on the BSE. _____________________________________(Updated at 1112hrs)

'What the world has experienced is an economic tsunami'

Jaswant Singh / New Delhi August 2, 2009, 0:38 IST

Great Offshore win may create capital constraints for Bharati

Bharati Shipyard will face working capital constraints for six months to a year, say analysts, as the competitive open offer bids made by the company and its rival for control of Great Offshore are getting over on Tuesday. A six-month battle, which saw Bharati gradually increasing the open offer price to Rs 590 a share from the initial offer of Rs 344 a share made in June, has increased the acquisition cost burden for the 20 per cent stake by an additional Rs 200 crore.

IRB Infra to raise Rs 1,200 crore

IRB Infrastructure Developers is all set to raise further funds to the tune of Rs 1,200 crore through various instruments.

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