Small ICE companies dominate IPO market
Continuing demand for infotech blue chips on the stock market is attracting promoters to the initial public offering (IPO) market.



L&T to demerge cement business
Larsen & Toubro has decided to demerge its cement business as per the recommendations of the Boston Consulting Group.



TFL to buy Tata Share Registry
Tata Finance Ltd (TFL) has decided to acquire 100% shareholding of Tata Share Registry Ltd (TSRL) through its subsidiary company Niskalp Investments & Trading Company Ltd.



Other headlines
Oil price sinks as Saudi promises more crude
FM move to curtail expenditure
DCA announces CLSS-2000
PNB Gilts to go public
GAs for PSU sell-off to be appointed today
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