Breaking News
FONT-SIZE Plus   Neg
Share SHARE

Gemini Communications Makes Open Offer For Buy-Back

Gemini Communications Ltd., through MAPE Advisory Group Pvt. Ltd. made an open offer to acquire a minimum of 27,50,000 equity shares of Re.1 each or a maximum of 1,10,00,000 equity shares at a price of Rs.45 apiece for an aggregate amount not exceeding Rs.29.78 crore from the open market through stock exchanges

The date opening and closing of buy-back is January 30, 2012 and April 30,2012, respectively.

At the BSE, Gemini Communications shares are currently trading at Rs18.65., up 12.01 percent from the previous close.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
LinkedIn Corp., the world's largest online professional network, said Thursday after the markets closed that it swung to a second quarter loss, hurt by higher costs and expenses even as revenue surged 47%. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue. Kraton Performance Polymers, Inc. (KRA), Wednesday reported second-quarter net income of $11.1 million or $0.33 per share, up from $3.8 million or $0.12 per share last year. Adjusted earnings improved to $0.46 per share from $0.15 per share last year. Revenues for the quarter dropped to $323.8... Organic grocer Whole Foods Market, Inc. said Wednesday after the markets closed that its third quarter profit rose 6.3% from last year, as same-store sales increased 3.9%. The company's quarterly earnings per share also came in above analysts' expectations, but its quarterly sales fell shy of analyst' forecast.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.