EPIC FOREX

Epic Update : GMR group

Media report on sale of stake in ISGIA and price expectation incorrect;
Remain fully committed to ISGIA
ISGIA: Istanbul Sabiha Gokcen International Airport.
 
Epic Update : Indian Overseas Bank

Indian Overseas Bank, a Chennai-headquartered bank is planning to raise Rs 413 crore, through issuance of 41.3 crore shares of the face value of Rs 10 each, either through fresh equity, rights issue, preference shares or qualified institutional placement. With this initiative, the bank plans to mop up funds before the end of the current financial year to comply with the capital adequacy norms, considering its business growth.
 
Epic Update : BSE Sensex

The market is still under pressure as the Nifty is hovering around 5800. The Nifty is down 14.00 points at 5799.60 while Sensex is down 57.05 points or 0.30%u0025 at 19166.23.
 
Epic Update : Ranbaxy Laboratories

Ranbaxy Laboratories is disappointed with the Decision by the European Commission to rule its patent settlement agreement with Lundbeck, covering the molecule Citalopram, anti-competitive, and intends to appeal the Decision to the General Court of the European Union (EU). These events took place over ten years ago, and the company considers that the Commission has misunderstood the facts and misapplied the law. The company believes it has strong grounds of appeal.
 
Epic Update : Ex-Dividend

Corporation Bank AGM Rs 19/share
ING Vysya Bank AGM Rs 5.5/share
Syndicate Bank AGM Rs 6.7/share
Birla Corp Rs 4.5/share
Goa Carbon Rs 2.5/share
 
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