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FMC asks brokers to watch inactive trading accounts
The Commodity market regulator FMC has asked brokers to keep a close watch on "inactive trading accounts" to avoid possible misuse and warned that failure to do so would attract penalty.

Exxon to acquire us gas company for $31 bn
The transaction values XTO at $51.69 a share, 25 per cent higher than its last closing - MCL decision on coal transport to help land oustees - UBI likely to float IPO by early February - 25 suspended workers reinstated at Dunlop"s Sahaganj unit - Elder gets bolder - Ruia Group acquires 60% stake in Henniges Automotive Grefrath - "Declare oil palm a plantation crop"

News of the day

FII-TO-FII TRADES: PNB traded at 5% premium
Trades between FIIs generated a volume of Rs 133 crore on the BSE Friday-an increase of 99.55% from Rs 66 crore clocked on Thursday. As many as five stocks witnessed trades of 9.73 lakh shares on Friday.
Online Business

Sloane Robinson ups stake in Indiabulls Real Estate to 5.42%

Foreign fund house Sloane Robinson LLP has hiked its stake in Indiabulls Real Estate to 5.42 per cent through open market share acquisition. - Foreign fund raises stake in Glenmark Pharma to 5.31% - NEWSALERT: Sloane Robinson raises its stake in Indiabulls to 5.08% - Lazard gets govt nod for India private equity fund UK-based Sloane Robinson LLP, as investment manager of various entities, has bought 19.82 lakh shares (0.50 per cent stake) of Indiabulls Real Estate Ltd through open market transactions, the realty developer said in a disclosure to the Bombay Stock Exchange (BSE). Post the transaction, Sloane Robinson holds a 5.42 per cent stake in Indiabulls Real Estate. The transaction of shares was executed on October 8, the disclosure added. The value of the transaction comes at about Rs 57 crore when calculated with the closing share price of Indiabulls Real Estate on October 8 on the BSE. In afternoon trade, shares of Indiabulls Real Estate were trading at Rs 282.60, down 3.63 per cent.


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