61 firms made open offers worth Rs 23k cr

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THE ECONOMIC TIMES Fri, Jan 23, 2015 | 08:00 AM IST ET Investment Opportunities Powered by ET Wealth

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The art of wealth creation, get it right Know the various factors that you need to take into account on your journey of wealth creation. Register now. Powered by: Franklin Templeton 61 firms made open offers worth Rs 23k cr 61 firms made open offers worth Rs 23k cr According to a report by a Prime Database, 61 companies made open offers to the tune of Rs 23,106 crore last year under Takeover Regulations. Alkem Labs appoints banks for up to $291 mn IPO Alkem Labs appoints banks for up to $291 mn IPO Mumbai-based Alkem has sales revenues of more than $500 million, according to its website. The company has seven manufacturing facilities across the country. Mahanagar Gas to raise around $130 million via IPO Mahanagar Gas to raise around $130 million via IPO Mahanagar Gas, a joint venture between GAIL (India) Ltd and U.K's BG Group PLC, has hired Kotak Mahindra Capital and Citigroup to manage the initial public offering. Ikya, TeamLease pursuing IPOs: Sources Ikya, TeamLease pursuing IPOs: Sources All the companies or banks involved either did not reply to emails seeking comments or declined to comment.

NFO (FMPs) Fund Name Category Type Open Close Min Inv   UTI Fixed Term Income Sr XXI-III (1158D) Direct-DQ Debt: FMP Closed-end 16 Jan 2015 28 Jan 2015 5,000 UTI Fixed Term Income Sr XXI-III (1158D) Direct-DY Debt: FMP Closed-end 16 Jan 2015 28 Jan 2015 5,000 UTI Fixed Term Income Sr XXI-III (1158D) Direct-G Debt: FMP Closed-end 16 Jan 2015 28 Jan 2015 5,000 UTI Fixed Term Income Sr XXI-III (1158D) Reg-DY Debt: FMP Closed-end 16 Jan 2015 28 Jan 2015 5,000 UTI Fixed Term Income Sr XXI-III (1158D) Direct-Flexi D Debt: FMP Closed-end 16 Jan 2015 28 Jan 2015 5,000 More >>

Real Estate News

Basements can be sold and registered independently in Haryana In a landmark judgment that is bound to bring relief to property owners, the Supreme Court ruled on September 17 that basements of residential houses can now be sold and registered separately in Haryana. Flash of festive colour A life without colours is unimaginable, as they play a vital role in our lives and affect our physical and emotional well being. Indians invest £241 million in Q2 to buy land in Central London The total land purchases in Central London rose by 13 per cent in the April-June period, over the first quarter, to reach 828 million pounds. "Builders optimistic of the economic environment" This festive season is a typical time of the year when real estate purchases are made across the country. Dassera and Deepavali periods are considered a good time for property investment.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   SBI Long Term Advantage Series I Reg-G Equity: Tax Planning Closed-end 01 Nov 2014 31 Jan 2015 500 SBI Long Term Advantage Series I Reg-D Equity: Tax Planning Closed-end 01 Nov 2014 31 Jan 2015 500 SBI Long Term Advantage Series I Direct-G Equity: Tax Planning Closed-end 01 Nov 2014 31 Jan 2015 500 SBI Long Term Advantage Series I Direct-D Equity: Tax Planning Closed-end 01 Nov 2014 31 Jan 2015 500 Sundaram Long Term Tax Advantage Sr I Reg-D Equity: Tax Planning Closed-end 18 Dec 2014 20 Mar 2015 500 More >>

Views and Recommendations

Bank Nifty likely to add strength to markets: Mitesh Thacker Fri, Jan 23, 2015 | 08:00 AM IST The trend on a very short-term immediate basis should be considered to be on the upside and in case we start breaking below 8720. BUY Recommend investors to continue with long positions: Ashwani Gujral Fri, Jan 23, 2015 | 08:00 AM IST The market is going into the event fairly positive and if there is nothing wrong, chances are we should cross 8800 fairly easily. So now the stop remains 8600-8650. BUY Outcome of ECB meet and Greece elections to be next triggers for markets: P Phani Sekhar Fri, Jan 23, 2015 | 08:00 AM IST Railway budget this time assumes a lot of importance because the street is expecting a lot of action on the infrastructure front. BUY Buy Dr Reddy's Laboratories Ltd with a target of Rs 3410: Prakash Gaba Fri, Jan 23, 2015 | 08:00 AM IST Dr Reddy's Laboratories Ltd is a 'BUY' call with a target of Rs 3410 and a stop loss of Rs 3320 BUY

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