Buzzing Stock - Keynote Capitals (March 11-'11)

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��

Buzzing Stocks

·      ICICI Bank and Reliance Capital are looking at acquiring CLSA and Cheuvreux, the broking franchises of Credit Agricole.

·      TCS, HCL Tech and Wipro are in race for a contract to set-up and maintain the state data centre in Madhya Pradesh.

·      SBI plans to spend US$200mn on overseas acquisition.

·      Nestle to invest `15bn over 2-3 years.

·      Adani Group is considering its second major acquisition in Australia to meet increasing coal demand.

·      Essar Group has bought 54% stake in Zimbabwe’s state-owned steel maker Zisco for US$750mn.

·      Godrej Properties has bought stake in Udhay OK Realty Private Ltd from HDFC Venture Trust Company for `240mn.