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Epic Update: Stock In News

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Epic Update: Stock In News Empty Epic Update: Stock In News

Post  Admin Tue Dec 18, 2012 7:04 pm

Godrej Industries says
-Temasek to invest Rs 572 crore in Godrej Agrovet for 19.9 percent stake
-Temasek values Godrej Agrovet at Rs 2850 crore

SBI says
-Did not discuss sale of non-core assets with Kingfisher
-Kingfisher yet to submit detailed long-term business plan
-Special bank group to monitor Kingfisher's revival plan
-Kingfisher tells SBI that company does not need more funds from lenders to resume operations
-Kingfisher tells SBI that company needs Rs 425 crore to restart partial operations

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