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Tuesday, January 7, 2014


·      Financial Technologies in focus ahead of Bombay High Court hearing on FMC order

Shares of Financial Technologies India are locked in upper circuit for second straight day, ahead of the Bombay High Court hearing on the petition challenging Forward Market Commission (FMC) order.

·        Mastek soars ahead of board meet for share buyback

Mastek has soared 13% ahead of board meeting today to consider a proposal of buyback of equity shares of the company.

·        Indian Overseas Bank to fund budding entrepreneurs

Public sector Indian Overseas Bank would provide finance up to Rs 50 lakh to micro, small and medium enterprises in the manufacturing sector while Rs 25 lakh for service sector.

·        L&T E&A aims at Rs 5,000 cr revenue this year

Larsen and Toubro Electrical and Automation products and solutions business of engineering major Larsen and Toubro has targeted gross revenues of Rs 5,000 crore this year.


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