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View Article  Mercator Lines to allot 30 lakh shares

Mercator Lines Ltd on Thursday said it will allot 30 lakh equity shares upon conversion of warrants to the promoters.The board of directors have approved the allotment of 30 lakh equity shares of Re 1 each for cash at a price of Rs 56 per share, the shipping company informed the Bombay Stock Exchange.

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View Article  NTPC mulls legal action against Reliance

Reliance had struck a deal to supply gas/LNG to NTPC's two power plants in Gujarat, which are going in for capacity addition of 1,300 megawatts each, but is now seeking changes in the agreement.

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