Recent developments in our pending buys:-
3i Infotech said that it had repurchased a part of its foreign currency convertible bonds. The company in a note to Bombay Stock Exchange said that it bought back $17 million worth of bonds out of $100 million bonds and 1 million Euro bonds out of 30 million bonds due in 2012. Both are zero coupon bonds said the company in the note. http://www.business-standard.com/india/news/3i-infotech-buysback-fccbs/58599/on
Original posting on 3i Infotech:- http://tanmaygopal.blogspot.com/2009/04/3i-infotech-httpwww.html
McDowell (United Spirits):-
United Spirits Ltd has informed BSE regarding a Press Release dated April 14, 2009 titled "United Spirits Ltd sells 90 million cases in 2008-2009; Narrows the gap to the No 1 position in the global spirits market". The company has sold 90 million cases in 2008-09, a 20% volume growth over previous year.
Link for the Press Release:- http://www.4shared.com/file/98692196/3579ea95/United_Spirits_Ltd_140409.html
Original Posting on McDowell:- http://tanmaygopal.blogspot.com/2009/04/mcdowell-showing-triangle-formation.html