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Rajesh Exports promoter pledges 15 million shares
Bangalore-based jewellery exporter Rajesh Exports Ltd has informed the Bombay Stock Exchange that Rajesh Mehta, one of the promoters of the company has pledged 15 million equity shares in his personal capacity, about 17.18 per cent of his stake in the company to avail finance for his personal requirement.

Voith acquires L&T stake in JV arm
German engineering company Voith today said it has acquired the entire stake held by its joint venture partner, Larsen & Toubro (L&T), in Kolkata-based Voith Paper Technology for an undisclosed amount.

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Aban Offshore repays bonds worth Rs 800 cr
Offshore drilling services provider Aban Offshore today said it has repaid bonds worth Rs 800 crore along with accrued interest.
Business Ideas

NEWSALERT: ASCIL appoints Ravishankar Gopalan as new Chief Operating Officer

Apollo Sindhoori Capital Investments Limited (ASCIL), the retail broking arm of Aditya Birla Financial Services Group, has appointed Ravishankar Gopalan as their new Chief Operating Officer. - Apollo Sindhoori Capital June qtr net up 30% at Rs 2.71 cr The Chennai headquartered company became part of Aditya Birla Group in March 2009, when the group acquired 76 per cent of the Company through Aditya Birla Nuvo. Details Awaited


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