01 January 2008

Economic Times Stories

http://economictimes.indiatimes.com/


India Inc to unlock Rs 50K cr from group cos
Experts' view on Mkt '08

India Inc to face retention issues in 2008
India Inc's business confidence picks up
India Inc falters, net profit rises at a slower rate in H1 '07-08
Bankers look to a happy rate-cut 2008
FM unfazed by global concerns, aims for 9% growth
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Top brands spend Rs 150 cr to start 2008 with a bang
Govt likely to arm NTPC with financial power
Goa govt scraps 12 SEZs
Sensex mini derivatives MSX at 113 premium
Indices kick start New Year on flat note

Midcap, smallcap buzz amid range bound trade
Weak start to 2008; mid-, small-caps steal show
Indices range-bound; Reliance Energy, ITC lead

M&A wave likely to continue in '08
Expect PE deals to have a blast this year
Bourses pull up over 100 companies in 2007
2008 promises bigger opportunities for IT industry



Source: www.theeconomictimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Deadpresident Blog Updates

http://www.deadpresident.blogspot.com


NSE Bulk Deal Watch
Market Close: Cautious start but its mid caps time !
BSE Bulk Deals to Watch

Insider Trading - SEBI proposes consultative paper
Reliance Power - ICRA assigns 4/5 Rating
Post Market Commentary

Sensex gains in lacklustre New Year trades
Sensex settles a tad above 20,300
Strategy, Economy, HDFC
Godrej land bank unlocking
Biggies sell

Tata Chemicals
Ankur Drugs
Macmillan India
US Market ends 2007 with a whimper
Transformers Sector



Source: http://www.deadpresident.blogspot.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Moneycontrol.com, Myiris.com Updates

Moneycontrol.com

Day 1, 08: Frontliners end quiet, midcaps party
Sebi to propose short swing rule: Srcs
RBI for short selling of shares from Feb 1: Srcs

Mkt to offer modest returns in 2008: UBS Sec
Sensex target for 2008 at 22k-24k: Poll
High returns unlikely in '08: Mark Mobius

Dec, Feb bode well for mkts
Central Bank of India targeting NIM at 3.10% in FY08
Glenmark Generics IPO by June 2008

UCO Bank may raise Rs 450 cr via FPO
Blockbuster IPOs: Orbit Corp, Everonn, MIC Electronics
Multi-venture Indiabulls to fly high

Will power & tech stocks strengthen in 2008?
Nifty may see heavy dip in early Jan: K&A Sec
BGR Energy Systems to list on Jan 3, 2008

Mkts may surprise either ways in 2008
MINIFTY will start on Jan 1, 2008

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Myiris.com

Brokers Outlook: Market expected to be rangebound
No load to enter in MF schemes
Tax collections rise 42%;will cross Rs 3 tn :FM

ICRA assigns IPO Grade 4 to Reliance Power
India`s export rise 26.82%, imports up 29.26%
Goldman Sachs, Macquarie to buy 20% stake in PTC India
NAVs of equity-diversified funds rise 9.52% in a month
TVS Motor`s December sales down 5%

Uttam Sugar net falls 69% in Sep`07 qtr
UCO Bank eyes merger by March 08
Cabinet to mull waiving Rs 10 bn investment ceiling on NTPC


Source: Above sites. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

VC, PE updates,Jobs from VCCircle.com, Indiape.com

VCCircle.com

NDTV Promoters Buy Back 7.73% From General Atlantic
Happy New Year! And A Thank You Note
Gateway Rail Freight To Raise Funds From Private Equity

Aksh Optifibre Plans To Raise $50 Million; Temptation Foods $200 Million
Coal Ventures International Seeks Global I-Bankers For M&A
Multicommodity Exchange of India Plans IPO
FDI In Retail In 3 Phases: Consumer Electronics, Sports Goods May Be First

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IndiaPE.com

VCs gear up for more investments in 2008
3i India invests 101 mn dollar in Hyderabad based firm
PE funds set to play bigger role in `08

M&A wave likely to continue in ’08
Expect PE deals to have a blast this year
Experts forecast $20 bn investment in 2008 : ET

Austrian co to pick up 26% stake in Neolite
VC funds log out of IT firms



Source: http://www.vccircle.com and www.indiape.com thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Sensex, Nifty end with small gains : Sify India

Sensex, Nifty end with small gains
Chhota-Sensex pitted against mini-Nifty

Year 2007 ends on optimistic note, Sensex gains 80 pts


The first session of calendar year 2008 saw quite a number of blue chip stocks from power, realty and FMCG sectors gaining in strength. A few stocks from auto, banking and capital goods sectors also found support during the fag end of the day.


However, due to lack of triggers, it turned out to be rather lackluster session for several front line stocks. Mid and smallcaps, however, found strong support once again and posted impressive gains.


While the Wall Street closed on a negative note yesterday, most of the markets in Asia remained closed on account of New Year's Day today. Not willing to take chances ahead of the reporting season, participants chose to tread a cautious path and, as a result, notwithstanding a few smart intra-day rallies, many index stocks struggled to make a headway today.


The Sensex, which opened with a positive gap of around 38 points at 20,325.27 and touched a high of 20,394.89 in intra-day trade, settled at 20,300.71 with a small gain of 13.72 points. The Nifty ended at 6144.35, way down from a high of 6165.35 it had hit in intra-day trades, with a marginal gain of 5.75 points. While the Sensex touched a low of 20,220.46 in morning trade, the Nifty had dropped down to 6109.85.


Power stock Reliance Energy was the biggest gainer among Sensex stocks on Day 1 of Year 2008. The stock, which hit a new all-time high of Rs 2289 today, ended with a sparkling gain of 6.8% at Rs 2279. NTPC surged 2.7% on strong buying on the back of reports that the government may vest the management with more powers on finance front.


FMCG heavyweights ITC and Hindustan Unilever closed stronger by 3.5% and 2% at Rs 217.60 and Rs 218.10 respectively. Tata Motors rallied 2.85% to Rs 763.05. Housing finance stock HDFC moved up by 1.65%. Ambuja Cements (1.1%), ONGC (1.05%) and State Bank of India (0.6%) also ended with smart gains.

Mahindra & Mahindra gained around half a per cent. ACC, Hindalco, HDFC Bank and Maruti Suzuki edged up marginally. BHEL ended almost unchanged from its previous closing price.
IT stocks Tata Consultancy Services (down 2.7%), Wipro (down 2.7%), Satyam Computer Services (down 1.2%) and Infosys Technologies (down 1.05%) remained out of favour.

Bharti Airtel and Reliance Communications, the telecom majors, went down by 2.7% and 0.75% respectively. Index heavyweight Reliance Industries eased by 1.15%. Ranbaxy Laboratories, Larsen & Toubro, Cipla, DLF and Bajaj Auto closed lower by 0.25% - 0.75%. Tata Steel and ICICI Bank finished with marginal losses.

Tata Power firmed up by over 5%. Nalco gained nearly 5%. Unitech notched up an impressive gain of 3.7%. Siemens, Reliance Petroleum, Punjab National Bank, GlaxoSmithKline Pharma and Suzlon Energy posted sharp to moderate gains today.

HCL Technologies, Idea Cellular, SAIL, Zee Entertainment and Dr. Reddy's Laboratories closed with sharp losses. BPCL, Sun Pharmaceuticals, Sterlite Industries, GAIL India and ABB also ended on a weak note.

JB Chemicals and Indo Rama Synthetics moved up by 20%. Apollo Hospitals, EIH Limited, Indian Hotels, Indian Overseas Bank, Allahabad Bank, Asahi India, MTNL, Dena Bank, Apollo Tyres, ING Vysya Bank, HDIL, Vijaya Bank, Indian Bank, Andhra Bank, Brigade Enterprises, Parsvnath Developers and Syndicate Bank also closed with handsome gains.


Midcap stocks JM Financial Services, UCO Bank, Gujarat NRE Coke, Greaves Cotton, Nava Bharat Ventures, Advanta, Asian Star, Kalyani Steel, Asian Electronics, Shiv Vani Oil, Nucleus Software, Atlas Copco, Zee News and GTL Infrastructure flared up smartly.

Among smallcaps, Batliboi, VST Industries, Macmilan, Hindustan Sanitaryware, Genus Power, Venus Remedies, Garden Silk, Kirloskar Ferro, Mather Pumps, Navneet Publications, Fedders Lloyd, Monnet Ispat, Tata Sponge, Paramount Communications and Agro Tech Foods were among the big gainers today.

IFCI, Essar Oil, Reliance Capital and GTL Infrastructure moved up sharply on strong volumes today.

As buying remains fairly widespread, the market breadth was pretty strong today. Out of a total of 2934 stocks traded on BSE, as many as 2282 stocks closed on a winning note. 626 stocks finished with losses and 26 stocks ended at their previous closing levels.

Other Sify Stories

Tata Steel to increase capacity
Godrej Ind signs pact with RFCL
IRDA chief’s wish-list for 2008
Making the REIT move

Bourses pull up over 100 cos in'07
High growth rate to repeat in 2008
New Year brings cheers to investors
ICICI Bank picks up 5.01% stake in Mascon Global

AXIS Bank Q3 results on Jan 9
Videocon, Jindal Photo, NBCC, Indo Rama plan power foray
Mutual fund schemes with power sector exposure sparkle


Source: http://www.sify.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information provided. Blog is not responsible for any faulty information.

Recap from 2007 articles-3

Six Indians on Forbes' self-made billionaires list...

Angel investor: A life line for rookie entrepreneu...

K.V. Kamath is Forbes Asia bizman of the year : Si...

Tata, Nooyi among top 25 biz powerhouses: Sify.Com...

Most Respected Companies Survey : BusinessWorld

India hits second spot on entrepreneur rankings

13 Indian cos amongst Asia`s growing firms : Myir...

5 Indians among Top 25 Asian entrepreneurs

Digital Versions of Business Today, MoneyToday

About : Warren Buffet, George Soros

India's 40 Richest : Forbes

India Shines

India's 40 Largest Companies: Forbes, USA

The best companies to work for in India

Top companies, Women, Men etc in the World


And other Articles

October

September

Recap from 2007 articles-2

BT 500: INDIA'S MOST VALUABLE COMPANIES

Reliance, Tatas among 100 global challengers: Econ...

India turning into a hotspot for capital : ET Stor...

The World's Top Microfinance Institutions : Forbes...

Putin - Times Person of the Year : AOL India

Tatas, worlds 3rd most transparent co : Rediff.com...

Sarin, Nooyi among worlds 20 best biz leaders : Si...

Indias richie rich : Sify.com

Tax sops for stock investors : Sify India

Tata-Corus among world's ten best deals of 2007: E...

Best Brokers Poll and other blog stories

Indians mind world's business : Sify India

Vikram Pandit is new Citigroup CEO

India 3rd largest economy , after USA , China: Myi...

Indian economy booms at 9.1% in H1: Rediff.Com

25 most powerful people in business: CNNMoney Arti...

LN Mittal is the richest person in S. Africa : Sif...

Recap from 2007 articles-1

Recap Stories from Previous Articles
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ETs Top Year End and Other Stories

Myiris.com Top Stories

Deadpresident Blog Year End Updates

20 great stocks to buy in 2008 : Rediff.com

Moneycontrol Top Stories

77% IPOs gave positive returns in 2007

Stocks to own in 2008 : Moneycontrol.com

Movers and Shakers 2008 : ET

Year End Specials from Sify.com


Hot picks for 2008 : Moneycontrol.com

2007 - The year of crazy bull run : MoneyControl

Yearly Gainers -3 : Equity Master

Yearly Gainers -2 : Equity Master

Yearly Gainers -1: Equity Master

Crisil gives 4/5 rating to Rel Power IPO

Mkts signs off Year 2007 on a firm note; Sify Indi...

A peek into the world of free downloads in 2008: R...

OP Bhatt is BS Banker of the Year

Newsmakers of the year : Rediff.com

Influential tech gizmos : Sify Year-end special

Sensex among top performers in 2007

IPOs: India 5th largest market

Biz Newsmakers 2007 : Rediff India

America's best big companies : Sify Finance
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New Year Wishes 2008

I
wish
all of you
on this special occasion (New Year 2008)
To have Good
Returns
Profits
Happiness
Peaceful
Jobs
New Business Startups
Financial Helps
Versatile Characters
Good Supporters
Nice Admin skills
Investing Knowledge
Patient / Honesty / Hardwork /Punctuality
and Needful Things
in the Year Ahead.
WELCOME 2008
Srisaiperumal