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News about Jaiprakash Associates Limited

The media had reports that Jaiprakash Associates Limited may acquire Bina Power (BPC) in Madhya Pradesh.

The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.

Jaiprakash Associates Limited has vide its letter inter-alia stated,”We wish to inform the Exchange that in an expanding organization like ours, exploring new business opportunities is a continuous process. As a sequel to this effort, we keep examining various proposals including the one referred. The Stock Exchanges will be informed if and as soon as the proposal gets crystalised.”

Add commentNovember 28th, 2007

Recommencement of trading pursuant to the scheme of arrangement – MEDIA

The trading in equity shares of Media Video Ltd. shall be recommenced on the Exchange pursuant to scheme of arrangement w.e.f. November 30, 2007. Trading shall be in the Normal Market Segment – Compulsory Demat (Rolling Settlement) for all investors.

 

Sr. No.	Symbol	Name of the Company	ISIN Code
1	MEDIA	Media Video Ltd.	INE141B01020

 

Add commentNovember 28th, 2007

Asian markets trading flat - November 28 , 2007

Asian markets are trading flat today. Not much of an action that deserves too much attention. Indian stock markets opened in the green. Nifty Junior is up by 1.7%. Nifty Midcap 50 is up 1.2% Other indices on Nifty are trading flat.

GAIL, VSNL, MTNL, HDFC Bank, BHEL, Bharti Airtel, Maruti, Unitech and HPCL are topping the Nifty charts while RPL, Glaxo, Sun Pharma, NALCO, Reliance, SBI, Grasim are dragging downwards.

Add commentNovember 28th, 2007