The media had reports that ICICI Bank Ltd has lost $264 million till Jan 31, 2008 due to subprime crisis. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
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The media had reports that Bal Pharma Limited may raise $ 20 million for capacity expansion and asset acquisition.
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The media had reports that UTV Toons, the animation division of the company may be merged with the UTV Motion Pictures business.
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The media had reports that Essar Group has bought Kurla commercial project of Peninsula Land Limited for about Rs. 1,200 crore.
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The media had reports that Batliboi Limited may acquire a textile equipment manufacturer in Europe for close to Rs. 90 crore.
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The media had reports that Alok Industries Limited may enter the hospitality space through its subsidiary, Alok Infrastructure. Further, it may also offload 20 percent in Alok Infrastructure to a private equity player to raise about Rs. 600 crore.
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The media had reports that New Delhi Television Limited is in talks with NBC Universal to sell between 25 and 30 percent in its UK based subsidiary NDTV Networks Plc.
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The media had reports that ICICI Bank Ltd plans to list its 100 percent subsidiary ICICI Securities.
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The media had reports that Indian promoters may hike their stake, take management control and may later sell their stake to a strategic player.
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The media had reports that PE investors may acquire 15-20 percent in the Company's wholly-owned arm Nahar Retail for Rs. 120 crore.
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The media had reports that UCO Bank is in talks to merge a bank with itself by FY09 and may raise atleast Rs. 450 crore through follow on public offering (FPO).
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