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Tuesday, November 30, 2004
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Briefly
Birlas move fresh application
KOLKATA, NOV. 29. The Birlas today moved a fresh application before the district sessions court against auditor Rajendra Singh Lodha praying that a search warrant be issued to avoid the destruction and tampering of documents of late Priyamvada ...

Buys stake in Stewarts & Lloyds
MUMBAI, NOV. 29. Indian Oiltanking Ltd (IOTL), a joint venture of Indian Oil Corporation and Oiltanking of Germany, has acquired 54.9 per cent stake in Stewarts & Lloyds of India from Tata Steel and associates. After complying with the provisions ...

Promoters raise stake
MUMBAI, NOV. 29. The Indian promoters of Prism Cements have bought out the entire 8.38 per cent holding of foreign promoters F. L. Smidth & Co and IFU of Denmark in the company, taking their stake to over 61.7 per cent. Manali Investments and ...

Warburg to pick up stake in Kotak
MUMBAI, NOV. 29.Warburg Pincus International LLC will pick up 2.75 per cent stake in Kotak Mahindra Bank for Rs. 75.90 crores, subject to shareholders' approval. The board has approved a proposal to issue 33 lakh equity shares at Rs. 230 per ...

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