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Raju's resignation may affect Maytas companies

Published January 7, 2009, 7:33 pm, Business Standard India

The future of Maytas Infra and Maytas Properties, which Satyam had made an aborted attempt to acquire last month for $1.6 billion, is likely to be affected with Satyam's founder and Maytas Infra promoter B Ramalinga Raju's resignation on Wednesday.

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NZX Announcements: BRM

Published January 7, 2009, 6:59 pm, ShareChat

BRM 08/01/2009 NTA REL: 1526 HRS Barramundi Limited NTA: BRM: Barramundi NAV $0.5820 at 7 January 2009 The unaudited net asset value per ordinary share of the Company as at 7 January 2009 was $0.5820. The unaudited diluted net asset value per ordinary share as at 7 January 2009 was $0.7191. This diluted net asset value describes the effect if all warrants in existence were exercised today at ...

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NZX Announcements: KFL

Published January 7, 2009, 5:44 pm, ShareChat

KFL 08/01/2009 NTA REL: 1411 HRS Kingfish Limited NTA: KFL: Kingfish NAV $0.9823 at 7 January 2009 The unaudited net asset value per ordinary share of the Company (excluding performance fees) as at 7 January 2009 was $0.9823.

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Time draws nigh for HOSE companies

Published January 7, 2009, 5:30 pm, Vietnam Net

VietNamNet Bridge – February 3 is the deadline for companies listing on the HCM City Stock Exchange (HOSE) to increase their chartered capital to at least VND80bil, and for those listing on the Hanoi bourse to at least VND10bil.

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SSC tells State Bank to boost foreign cap

Published January 6, 2009, 11:36 pm, Việt Nam News

HA NOI — The State Securities Commission is proposing that the State Bank of Viet Nam increase the foreign ownership cap in local commercial banks to stimulate more trading in the local stock exchange.

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VN-Index rises on higher volume

Published January 6, 2009, 11:35 pm, Việt Nam News

HA NOI — The VN-Index gained 2.13 points yesterday, closing the day at 314.04, as trading volumes improved on the HCM City Stock Exchange.

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Tata tele services sell tower unit stake to Quippo in Delhi

Published January 6, 2009, 8:54 pm, New Kerala

New Delhi, Jan 6 : India's Tata Teleservices has agreed to sell a 49 per cent stake in its telecoms tower arm to another Indian tower firm, valuing the business at an enterprise value of 130 billion rupees.

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‘Room’ for foreign ownership ratio in banks should be raised to 35%

Published January 5, 2009, 7:45 pm, Vietnam Net

VietNamNet Bridge – Chairman of the State Securities Commission (SSC), Vu Bang, when forecasting that the national economy in general and the stock market in particular will still face big difficulties in 2009, said that the SSC will continue applying long term measures to perfect the market.

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FE Editorial : Shooting directors

Published January 5, 2009, 1:10 pm, Express India

The deadline for corporate India to populate at least half of their boardroom with independent directors passed in January 2007. For unlisted companies, the percentage required is one-third, under company law.

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NTT DoCoMo awaits FIPB, Sebi nod for Tata Tele stake

Published January 5, 2009, 5:44 am, Business Standard India

Japan's NTT DoCoMo is awaiting approval from the government and market regulator Sebi on its investment in India through the Tatas. "NTT has applied for FIPB approval for its stake in Tata Teleservices (TTSL). As a matter of policy NTT waits for government approval before entering a new market.

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