Page 8 - Vascon Engineers News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Sabari Saran NEW DELHI: Asian markets extended losses on Thursday, perpetuating the weak sentiment from the US tech rout. But mild gains in US stock at the opening tick later in the day held out promise for Friday’s session on Dalal Street, which was shut on Thursday for a public holiday. Nifty slipped 1 per cent on Wednesday, and in the process, formed a Bearish Belt Hold pattern on the daily chart. Analysts said the 50-pack is facing a stiff hurdle on the higher side, especially in the 14,900-15,000 zone. “Only a close above the 15,000 mark can activate the overall bullish stream. Ot...

Shares of smallcap companies were in focus in Friday's trade as the S&P BSE Smallcap index hit a new high of 21,411, up 1 per cent, on the back of a strong rally in power, textiles, jewellery, industrial machinery, chemicals and packaging stocks. The smallcap index surpassed its previous high of 21,389 touched on March 3, 2021. In comparison, the S&P BSE Sensex was up 0.73 per cent and the S&P BSE Midcap index was up 0.82 per cent. Shares of Vascon Engineers, Mahanagar Telephone Nigam Limited (MTNL), BGR Energy Systems, Reliance Power, Olectra Greentech, 3i Infotech and OnMobile Global fro...

BW Businessworld SEBI Exempts Family Trust Linked To Vascon Engineers' Promoters From Open Offer Obligation Sebi noted that objective of the proposed acquisition is to achieve efficient succession planning as well as for holding the controlling interest in Vascon Engineers in one entity rather than spreading the holding amongst different individuals which may not be in the best interests of the company. Photo Credit : Markets regulator Sebi has exempted Vasudevan Family Trust from making an open offer following its proposed acquisition of shares in Vascon Engineers. Sebi noted that objectiv...