The New Fund Offer (NFO) of Tata Indo Global Infrastructure Fund is open for subscription. The NFO closes on October 16, 2007. The Tata Indo Global Infrastructure Fund is a three year close ended equity scheme which will be automatically converted to an open ended scheme upon maturity. Tata Indo Global Infrastructure Fund provides an excellent opportunity for investors in India to benefit from the global infrastructure boom. Further Tata Indo Global Infrastructure Fund is likely to managed well since Tata Mutual Fund already has experience in the infrastructure sector by managing the Tata Infrastructure Fund, which is performing very well.
We thank the owners of the above articles/sites/sources/Govts www.bullishindian.com for referring this.
05 October 2007
VC Circle Updates
Exclusive: SAIF Partners Invests In Vocational Training Firm ICA Infotech
Exclusive: Career Launcher Raises $8.25 Million From Gaja Capital Partners
Standard Chartered Private Equity Invests $50M In Powerica
eClerx Files For India’s First IPO By A KPO Firm; To Raise Rs 101 Crore
IFC Bullish On Regional Banks, To Pick Up 4-5% Stake In Karnataka Bank
Kotak Realty Funds Buys 11.11% Stake In Pride Hotel Chain
We thank the owners of the above articles/sites/sources/Govts www.vccircle.com for referring this.
Exclusive: Career Launcher Raises $8.25 Million From Gaja Capital Partners
Standard Chartered Private Equity Invests $50M In Powerica
eClerx Files For India’s First IPO By A KPO Firm; To Raise Rs 101 Crore
IFC Bullish On Regional Banks, To Pick Up 4-5% Stake In Karnataka Bank
Kotak Realty Funds Buys 11.11% Stake In Pride Hotel Chain
We thank the owners of the above articles/sites/sources/Govts www.vccircle.com for referring this.
ET Headlines
From Economic Times
On the NSE, the share closed at Rs 100.60, up Rs 48.60 or 93.46 per cent. It touched a high of Rs 109.50 and low of 83.15 intraday. Around 48.10 crore shares changed hand in the counter.
Other Stories
Lifetime Achievement Award: N R Narayana Murthy
Company of the Year: Bharti Airtel
Business Leader of the year: K V Kamath
Entrepreneur of the year: Grandhi Mallikarjun Rao
Global Indian of the Year: Rajat Gupta
Company of the Year: Bharti Airtel
Business Leader of the year: K V Kamath
Entrepreneur of the year: Grandhi Mallikarjun Rao
Global Indian of the Year: Rajat Gupta
Jet Airways buys 20 Boeing 737-800s
We thank the owners of the above articles/sites/sources/Govts for referring this.
Corporate Updates
From Rediff.Com
ATMs in trains soon
Want to be an entrepreneur?
Govt asks bankers to re-look interest rates
Private equity investments to touch $13.5 bn
IOC loses Rs 90-100 cr per day :
i-flex to acquire Canada-based firm
Inflation rose to 3.42%
Corus to lead Tata Group's global safari
Telecom user base up, revenues flat
BSNL gets spectrum, private telcos cry foul
RBI proposes lock-in, caps on foreign PEs
from Money Control.com
GoAir scaling down expansion plans
M&M eyeing two-wheeler market
Aurobindo Pharma receives UK-MHRA clearance for Unit XI
Blue Dart- Best Cargo Airline
BoB, Italy-based Pioneer tie-up for AMC biz
Glenmark wins Emerging Company of The Year 2007
PTC approached by Blackstone, Goldman for PTC Fin Svcs
for further visit: www.moneycontrol.com
From Other leading sources :
Suzlon Energy bags 155 MW order in Brazil
Forex reserves up USD 11.871 bn
Omaxe pump in Rs 1.4 bn in its subsdiaries
Tata Steel`s members declare dividend of Rs 15.50
Financial Technologies allots GDRs
Mcleod Russel acquires Moran Tea
Jaihind Projects bags Rs 303 mn order
Petron Engineering secures Rs 13.32 mn contract
From Businessline.in
Reliance Power to borrow Rs 76,473 crore
PGCIL surges 93% on debut
Apollo Hospitals to spend Rs 700 crore on expansion
Surana Industries sets up windmills
Essar Steel delisting price set at Rs 48 a share
and Others:
Lanco Infra bags order from Tirupati Tirumala Devasthanams
Ashok Leyland September sales
Trai caps monthly CAS bill at Rs 260
We thank the owners of the above articles/sites/sources/Govts for referring this.
Weekly Gainers from Rediff
Some of the Weekly gainers ended on 5, Oct 2007 (From the www. Rediff.Com )
Company % Increase
Adani Enterprises Lt + 26.63
Jindal St & Pwr + 24.81
Reliance Energy Ltd. + 20.05
CESC Ltd. + 16 .19%
Guj. Mineral Dev + 15.90
Ispat Industries 15.58
HDIL + 14.85
Suzlon Energy Ltd. + 14.16
Lanco Infratech Ltd. + 12.55
DLF Ltd. + 11.63
Torrent Power Ltd.
+ 38.09
Tata Sponge Iron
+ 33.78
Nava Bharat Ventures
+ 33.43
Indowind Energy Ltd.
+ 26.54
Greaves Cotton
+ 26.08
Indian Hume Pipe
+ 22.90
Surya Pharmaceutical
+ 22.80
Reliance Ind.Inf
+ 21.54
BAG Films Ltd.
+ 21.36
Usha Martin Ltd.
+ 19.70
We thank the owners of the above articles/sites/sources/Govts for referring this.
Company % Increase
Adani Enterprises Lt + 26.63
Jindal St & Pwr + 24.81
Reliance Energy Ltd. + 20.05
CESC Ltd. + 16 .19%
Guj. Mineral Dev + 15.90
Ispat Industries 15.58
HDIL + 14.85
Suzlon Energy Ltd. + 14.16
Lanco Infratech Ltd. + 12.55
DLF Ltd. + 11.63
Torrent Power Ltd.
+ 38.09
Tata Sponge Iron
+ 33.78
Nava Bharat Ventures
+ 33.43
Indowind Energy Ltd.
+ 26.54
Greaves Cotton
+ 26.08
Indian Hume Pipe
+ 22.90
Surya Pharmaceutical
+ 22.80
Reliance Ind.Inf
+ 21.54
BAG Films Ltd.
+ 21.36
Usha Martin Ltd.
+ 19.70
We thank the owners of the above articles/sites/sources/Govts for referring this.
Sensex falls short of 18K peak, yet again
Mumbai, Oct. 5 (PTI): The Bombay Stock Exchange benchmark Sensex failed once again to cross the 18,000-point milestone as heavy profit booking wiped off early gains.
The 30-share index, which appeared close to climbing the the 18K peak on October 3, ended at 17,773.36, lower by 3.78 points from yesterday's close.
Capital goods and refinery stocks bucked the sluggish trend, and saved the market from any major fall. Capital goods segment index gained the most by 489.26 points at 15,742.59 followed by oil and gas index by 109.05 points at 10,109.80, while all the other sectorial indices ended in red.
The wide-based National Stock Exchange index Nifty closed lower by 22.80 points at 5,185.85, after touching a high of 5,248.55 and a low of 5,164.50 points.
Profit selling at existing higher levels was strong and the market also discounted reports of a rise in global stock markets, traders said.
The 30-share index, which appeared close to climbing the the 18K peak on October 3, ended at 17,773.36, lower by 3.78 points from yesterday's close.
Capital goods and refinery stocks bucked the sluggish trend, and saved the market from any major fall. Capital goods segment index gained the most by 489.26 points at 15,742.59 followed by oil and gas index by 109.05 points at 10,109.80, while all the other sectorial indices ended in red.
The wide-based National Stock Exchange index Nifty closed lower by 22.80 points at 5,185.85, after touching a high of 5,248.55 and a low of 5,164.50 points.
Profit selling at existing higher levels was strong and the market also discounted reports of a rise in global stock markets, traders said.
Day's Quote/Corporate Story
Quote of the Day
"When life throws shoes at you... at least pick through the best ones and try
them on for size!”
Personality / Corporate of the Day
Indra Nooyi
Indira Krishnamurthy Nooyi (born October 28, 1955 in Chennai, Tamil Nadu, India) is the chairman and chief executive officer of PepsiCo, the world's fourth-largest food and beverage company. On August 14, 2006, she was named the next to succeed Steve Reinemund as chief executive officer of the company. Reinemund, 58, retired on October 1, 2006. According to Forbes magazine's 2007 poll, Ms. Nooyi is the fifth most powerful woman in the world. She has been named the #1 Most Powerful Woman in Business in 2006 & 2007 by Fortune magazine.
For further, Visit : http://en.wikipedia.org/wiki/Indra_Nooyi
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