eBay
eBay Inc. (NASDAQ: EBAY) is an American Internet company that manages eBay.com, an online auction and shopping website in which people and businesses buy and sell goods and services worldwide. In addition to its original U.S. website, eBay has established localized websites in several other countries. eBay Inc also owns PayPal, Skype, and other businesses.
More about @ http://en.wikipedia.org/wiki/EBay
--------------------------------------------------
Amazon.com
Amazon.com, Inc. (NASDAQ: AMZN) is an American e-commerce company based in Seattle, Washington. It was one of the first major companies to sell goods over the Internet and was one of the iconic stocks of the late 1990s dot-com bubble. After the bubble burst, Amazon faced skepticism about its business model, but it made its first annual profit in 2003.
Founded by Jeff Bezos in 1994, and launched in 1995, Amazon.com began as an online bookstore, though it soon diversified its product lines, adding VHSs, DVDs, music CDs, MP3s, computer software, video games, electronics, apparel, furniture, food, toys, and more.
Amazon has established separate websites in Canada, the United Kingdom, Germany, Austria, France, China, and Japan. It ships globally on selected products.
More @ http://en.wikipedia.org/wiki/Amazon.com
Source: http://en.wikipedia.org. 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.
This blog is for providing daily news of Corporate Indian Stories, Corporate Results, Equities, MFs, Banking,Insurance, Brokerages Informations, World Business, Venture Capital, Angel Investors, BSchools, MBAs,Jobs, Politics & something Interesting.Our team will be grateful to the owners of various Indian/world/govt sites to refer their sites to get INFORMATION without objection.Request viewers to make verification about the information. Blog is not responsible for any faulty information.
30 November 2007
Angel investor: A life line for rookie entrepreneurs
Angel investor: A life line for rookie entrepreneurs : The Economic Times
Business aspirant Madan Pandit quit his job in 2004 and roamed Bangalore’s cyber cafes to build the prototype of an online search analytics tool, which he later converted into his first venture. When he needed funds for the start-up, he didn’t consider venture capital (VC) firms but approached well-known angel investor Kanwaljit Singh. With an unproven technology and hardly a business model to speak of, he still succeeded in getting the funding. On the other hand, Phaninder Sama, co-founder of Redbus.in, an online bus ticketing site, ran his new business for around three months before making a venture capital pitch.
He and his partners skipped the angel step altogether. They, too, got the money. In fact, the new image acquired by the VC connection helped them hire high-class talent. Two entrepreneurs. Two radically opposite strategies. And both are happy with their respective choices today. So, how does one tell whether a new business should go in for angel investment or venture capital funding? It is indeed a crucial choice for a small company, because if an entrepreneur is not yet ready for venture capital, it is pointless to waste time pitching the business to VCs and more profitable to approach an angel.
Angel investors, often, are successful entrepreneurs themselves, fondly reliving their early struggles and wanting to mentor young minds. Some think of investments in start-ups as a way to give back to society. Others, who left India and made it big in the West, want to shrink the country’s economic growth curve with the stimulus their money would bring to entrepreneurship. Thus, they are driven first by the beauty of new ideas and only then, by return on investment. They can put in as little as a few lakhs of rupees to as much as several crores.
Venture capital funds, on the contrary, are professionally-driven enterprises which pool in resources from their investors and channel them into ideas that are more likely to succeed. They often look for a proven, or at least a well thought-out business model, cash flow, management bandwidth and so on. They also look to invest a sizeable amount of money, say a few million dollars. “By default, you would always want to go in for VC,” Suvir Sujan, a venture capitalist with Nexus India Capital and a former angel investor, said. “VCs can get you further with capital. With an angel, you could get stuck, because there is only so much funding an angel can provide. After all, he is just one individual.
The VC offers the stability of an institution.” However, an angel would be the option when VCs are telling you it is too early to invest in your company, he added. Venture capital funds can be of immense help in building a company to maturity, after the business has cleared the initial hurdle of getting on the track. In an increasingly globalised world, marketing and hiring the best talent can be expensive and large investments are called for in the growth stage. Angel investors don’t have the financial muscle to shepherd their investee companies beyond a point.
Source: http://www.theconomictimes.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 given. Blog is not responsible for any faulty information.
Business aspirant Madan Pandit quit his job in 2004 and roamed Bangalore’s cyber cafes to build the prototype of an online search analytics tool, which he later converted into his first venture. When he needed funds for the start-up, he didn’t consider venture capital (VC) firms but approached well-known angel investor Kanwaljit Singh. With an unproven technology and hardly a business model to speak of, he still succeeded in getting the funding. On the other hand, Phaninder Sama, co-founder of Redbus.in, an online bus ticketing site, ran his new business for around three months before making a venture capital pitch.
He and his partners skipped the angel step altogether. They, too, got the money. In fact, the new image acquired by the VC connection helped them hire high-class talent. Two entrepreneurs. Two radically opposite strategies. And both are happy with their respective choices today. So, how does one tell whether a new business should go in for angel investment or venture capital funding? It is indeed a crucial choice for a small company, because if an entrepreneur is not yet ready for venture capital, it is pointless to waste time pitching the business to VCs and more profitable to approach an angel.
Angel investors, often, are successful entrepreneurs themselves, fondly reliving their early struggles and wanting to mentor young minds. Some think of investments in start-ups as a way to give back to society. Others, who left India and made it big in the West, want to shrink the country’s economic growth curve with the stimulus their money would bring to entrepreneurship. Thus, they are driven first by the beauty of new ideas and only then, by return on investment. They can put in as little as a few lakhs of rupees to as much as several crores.
Venture capital funds, on the contrary, are professionally-driven enterprises which pool in resources from their investors and channel them into ideas that are more likely to succeed. They often look for a proven, or at least a well thought-out business model, cash flow, management bandwidth and so on. They also look to invest a sizeable amount of money, say a few million dollars. “By default, you would always want to go in for VC,” Suvir Sujan, a venture capitalist with Nexus India Capital and a former angel investor, said. “VCs can get you further with capital. With an angel, you could get stuck, because there is only so much funding an angel can provide. After all, he is just one individual.
The VC offers the stability of an institution.” However, an angel would be the option when VCs are telling you it is too early to invest in your company, he added. Venture capital funds can be of immense help in building a company to maturity, after the business has cleared the initial hurdle of getting on the track. In an increasingly globalised world, marketing and hiring the best talent can be expensive and large investments are called for in the growth stage. Angel investors don’t have the financial muscle to shepherd their investee companies beyond a point.
Source: http://www.theconomictimes.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 given. Blog is not responsible for any faulty information.
Economic Times Headlines
Economy slows down to 8.9 pc in second quarter
India's economy likely to slow in second quarter: : Analysts
Near 9 pc economic growth in FY'08 possible: FM
Unitech's IT SEZs notified
FDI limit in aviation on cards
April-Oct fiscal deficit at $20.7bn
Omaxe to set up SEZ in Rajasthan
Wall St set to jump on rate cut hop
Tata Steel signs JV with Australian Riversdale Mining
Sensex stuns by 360 pts rally
Cabinet approves SBI rights issue
Angel investor: A life line for rookie entrepreneurs
United Spirits to merge Shaw Wallace with itself
Govt may find buyers for RILbs KG gas
Indo Asian to enter cables, wires business
Hindalco eyes South American copper mines
Tata Steel, Riversdale Mining in JV for Mozambique coal project
Entrepreneurs take to the sky with regional airlines
Customs, tax sops for textile exporters
Cabinet approves 11th Plan; aims at 9 pc growth
FDI limit in aviation on cards
BSE steps in to check surge in IL&FS Investsmart, 11 others
Realty stocks soar on govt plans
Traders rollover short positions to December series
Mystery of the missing Reliance Petroleum short-sellers
Adlabs Film in ban period in F&O segment
Builders rush to grab concessional pie
SAIL wins India's Employers of Choice Award 2007
Source: http://www.theconomictimes.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 given. Blog is not responsible for any faulty information.
India's economy likely to slow in second quarter: : Analysts
Near 9 pc economic growth in FY'08 possible: FM
Unitech's IT SEZs notified
FDI limit in aviation on cards
April-Oct fiscal deficit at $20.7bn
Omaxe to set up SEZ in Rajasthan
Wall St set to jump on rate cut hop
Tata Steel signs JV with Australian Riversdale Mining
Sensex stuns by 360 pts rally
Cabinet approves SBI rights issue
Angel investor: A life line for rookie entrepreneurs
United Spirits to merge Shaw Wallace with itself
Govt may find buyers for RILbs KG gas
Indo Asian to enter cables, wires business
Hindalco eyes South American copper mines
Tata Steel, Riversdale Mining in JV for Mozambique coal project
Entrepreneurs take to the sky with regional airlines
Customs, tax sops for textile exporters
Cabinet approves 11th Plan; aims at 9 pc growth
FDI limit in aviation on cards
BSE steps in to check surge in IL&FS Investsmart, 11 others
Realty stocks soar on govt plans
Traders rollover short positions to December series
Mystery of the missing Reliance Petroleum short-sellers
Adlabs Film in ban period in F&O segment
Builders rush to grab concessional pie
SAIL wins India's Employers of Choice Award 2007
Source: http://www.theconomictimes.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 given. Blog is not responsible for any faulty information.
Rediff, Myiris Business Articles
Rediff.Com
BSE to check sharp rise in 12 stocks
Indian small-cap stocks 2nd best in Asia
India's Q2 GDP growth rate slips to 8.9%
Cabinet okays big ticket economic plans
8 ways to identify profitable shares
IPOs: Discount for retail investors
MF News / IPOs / Interviews
------------------------------------------------------
Myiris.Com
Brokers Outlook: Upward trend to be seen on Monday
Wrap Up: Market ends on a cheerful note
Power Grid board okays Rs 16.30 bn investments
GE Shipping orders 2 new Supramax dry bulk carriers
Indo Asian Fusegear floats new subsidary
GDP advances 8.9% in Q2 FY07-08 (Update 2) /GDP for Q2 FY07-08 up 8.9% (Update 1)
Parle Software board recommends 3:1 bonus issue
3i acquires minority stake in Hyd-based Soma Enterprise
RCom gets ready for Rs 222.88 bn order
Source: http://www.rediff.com and www.myiris.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 given. Blog is not responsible for any faulty information.
BSE to check sharp rise in 12 stocks
Indian small-cap stocks 2nd best in Asia
India's Q2 GDP growth rate slips to 8.9%
Cabinet okays big ticket economic plans
8 ways to identify profitable shares
IPOs: Discount for retail investors
MF News / IPOs / Interviews
------------------------------------------------------
Myiris.Com
Brokers Outlook: Upward trend to be seen on Monday
Wrap Up: Market ends on a cheerful note
Power Grid board okays Rs 16.30 bn investments
GE Shipping orders 2 new Supramax dry bulk carriers
Indo Asian Fusegear floats new subsidary
GDP advances 8.9% in Q2 FY07-08 (Update 2) /GDP for Q2 FY07-08 up 8.9% (Update 1)
Parle Software board recommends 3:1 bonus issue
3i acquires minority stake in Hyd-based Soma Enterprise
RCom gets ready for Rs 222.88 bn order
Source: http://www.rediff.com and www.myiris.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 given. Blog is not responsible for any faulty information.
Labels:
Myiris Business Articles,
Rediff
Monthly Gainers: Rediff.com
Source: http://money.rediff.com/money/jsp/monthly_gainer.jsp
As on 30.11.2007
Company Group Prev Close (Rs) Current Price (Rs) % Change
+
Ispat Industries A 27.65 51.45 + 86.08
+
Fertilisers & Ch A 23.75 40.00 + 68.42
+
Neyveli Lignite A 140.05 235.55 + 68.19
+
Nirma Limited A 151.75 237.00 + 56.18
+
National Fertili A 46.45 72.05 + 55.11
+
Mangalore Refine A 82.00 120.45 + 46.89
+
Mirc Electronics A 19.60 28.30 + 44.39
+
GMR Infrastructure L A 177.25 254.50 + 43.58
+
HMT Ltd. A 63.05 88.55 + 40.44
+
Omaxe Ltd. A 310.50 434.80 + 40.03
+
Hinduja Ventures A 425.05 583.00 + 37.16
+
Bongaigaon Refin A 69.90 95.60 + 36.77
+
Rashtriya Chem&Fert. A 55.65 75.00 + 34.77
+
Jindal Stainless Ltd A 166.65 217.70 + 30.63
+
Vijaya Bank A 61.65 79.05 + 28.22
+
Welspun Gujarat A 328.65 419.15 + 27.54
+
Escorts Ltd. A 119.70 152.60 + 27.49
+
Chambal Fertilis A 49.95 62.50 + 25.13
+
Indian Bank A 153.25 190.60 + 24.37
+
Dena Bank A 65.50 81.45 + 24.35
+
JaiprakashAssociates A 1,458.80 1,812.70 + 24.26
+
Kotak Mahindra Bank A 1,000.00 1,234.30 + 23.43
+
Indian Overseas A 133.40 164.45 + 23.28
+
Chennai Petro. A 331.55 407.90 + 23.03
+
IndusInd Bank A 97.40 119.20 + 22.38
+
HDIL A 672.65 821.25 + 22.09
+
D-Link India Ltd. A 76.20 91.95 + 20.67
-----------------------------------------------
Parle Software Ltd. B1 834.60 1,817.00 + 117.71
+
GTC Industries B1 277.75 593.50 + 113.68
+
IVP Limited B1 30.00 57.85 + 92.83
+
Wire & Wireless ( In B1 37.25 70.10 + 88.19
+
Lloyds Steel B1 12.89 24.13 + 87.20
+
Pudumjee Pulp B1 84.90 155.55 + 83.22
+
Guj. Amb.Exports B1 40.05 71.75 + 79.15
+
Solar Explosives B1 255.25 432.95 + 69.62
+
Eveready Industr B1 43.60 73.70 + 69.04
+
Vikash Metal & Power B1 18.70 31.60 + 68.98
+
XL Telecom & Energy B1 233.80 394.80 + 68.86
+
Cambridge Technology B1 43.60 73.15 + 67.78
+
Chemplast Sanma B1 6.88 11.14 + 61.92
+
Deccan Aviation Ltd. B1 152.70 242.90 + 59.07
+
PremierLtd. B1 95.55 151.25 + 58.29
+
Motilal Oswal Financ B1 1,089.35 1,718.95 + 57.80
+
Mukta Arts Ltd. T 105.45 165.65 + 57.09
+ Saamya Biotech (Indi B1 12.70 19.78 + 55.75
+
IL&FS Investmart Ltd B1 174.45 267.30 + 53.22
+
NoidaTollBridge B1 34.65 52.95 + 52.81
+
Agro Dutch Industrie B1 26.00 39.65 + 52.50
+
LT Overseas Ltd. B1 44.40 67.50 + 52.03
+
Shringar Cinemas B1 68.65 102.25 + 48.94
-------------------------------------------------------------------------------
Source: http://www.rediff.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 given. Blog is not responsible for any faulty information.
As on 30.11.2007
Company Group Prev Close (Rs) Current Price (Rs) % Change
+
Ispat Industries A 27.65 51.45 + 86.08
+
Fertilisers & Ch A 23.75 40.00 + 68.42
+
Neyveli Lignite A 140.05 235.55 + 68.19
+
Nirma Limited A 151.75 237.00 + 56.18
+
National Fertili A 46.45 72.05 + 55.11
+
Mangalore Refine A 82.00 120.45 + 46.89
+
Mirc Electronics A 19.60 28.30 + 44.39
+
GMR Infrastructure L A 177.25 254.50 + 43.58
+
HMT Ltd. A 63.05 88.55 + 40.44
+
Omaxe Ltd. A 310.50 434.80 + 40.03
+
Hinduja Ventures A 425.05 583.00 + 37.16
+
Bongaigaon Refin A 69.90 95.60 + 36.77
+
Rashtriya Chem&Fert. A 55.65 75.00 + 34.77
+
Jindal Stainless Ltd A 166.65 217.70 + 30.63
+
Vijaya Bank A 61.65 79.05 + 28.22
+
Welspun Gujarat A 328.65 419.15 + 27.54
+
Escorts Ltd. A 119.70 152.60 + 27.49
+
Chambal Fertilis A 49.95 62.50 + 25.13
+
Indian Bank A 153.25 190.60 + 24.37
+
Dena Bank A 65.50 81.45 + 24.35
+
JaiprakashAssociates A 1,458.80 1,812.70 + 24.26
+
Kotak Mahindra Bank A 1,000.00 1,234.30 + 23.43
+
Indian Overseas A 133.40 164.45 + 23.28
+
Chennai Petro. A 331.55 407.90 + 23.03
+
IndusInd Bank A 97.40 119.20 + 22.38
+
HDIL A 672.65 821.25 + 22.09
+
D-Link India Ltd. A 76.20 91.95 + 20.67
-----------------------------------------------
Parle Software Ltd. B1 834.60 1,817.00 + 117.71
+
GTC Industries B1 277.75 593.50 + 113.68
+
IVP Limited B1 30.00 57.85 + 92.83
+
Wire & Wireless ( In B1 37.25 70.10 + 88.19
+
Lloyds Steel B1 12.89 24.13 + 87.20
+
Pudumjee Pulp B1 84.90 155.55 + 83.22
+
Guj. Amb.Exports B1 40.05 71.75 + 79.15
+
Solar Explosives B1 255.25 432.95 + 69.62
+
Eveready Industr B1 43.60 73.70 + 69.04
+
Vikash Metal & Power B1 18.70 31.60 + 68.98
+
XL Telecom & Energy B1 233.80 394.80 + 68.86
+
Cambridge Technology B1 43.60 73.15 + 67.78
+
Chemplast Sanma B1 6.88 11.14 + 61.92
+
Deccan Aviation Ltd. B1 152.70 242.90 + 59.07
+
PremierLtd. B1 95.55 151.25 + 58.29
+
Motilal Oswal Financ B1 1,089.35 1,718.95 + 57.80
+
Mukta Arts Ltd. T 105.45 165.65 + 57.09
+ Saamya Biotech (Indi B1 12.70 19.78 + 55.75
+
IL&FS Investmart Ltd B1 174.45 267.30 + 53.22
+
NoidaTollBridge B1 34.65 52.95 + 52.81
+
Agro Dutch Industrie B1 26.00 39.65 + 52.50
+
LT Overseas Ltd. B1 44.40 67.50 + 52.03
+
Shringar Cinemas B1 68.65 102.25 + 48.94
-------------------------------------------------------------------------------
Source: http://www.rediff.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 given. Blog is not responsible for any faulty information.
Weekly Gainers : Rediff.com
Source : http://money.rediff.com/money/jsp/weekly_gainer.jsp
Company Group Prev Close (Rs) Current Price (Rs) % Change
+
Ispat Industries A 39.10 51.45 + 31.59
+
Lanco Infratech Ltd. A 432.20 531.85 + 23.06
+
Sun TV Network Ltd. A 310.05 380.70 + 22.79
+
Nirma Limited A 195.90 237.00 + 20.98
+
Videsh Sanchar N A 525.50 626.60 + 19.24
+
Hind. Zinc A 685.15 809.80 + 18.19
+
Sterlite Indus. A 879.10 1,034.75 + 17.71
+
GlaxoSmithKlineConsu A 616.00 718.15 + 16.58
+
IndusInd Bank A 102.45 119.20 + 16.35
+
Indian Overseas A 141.95 164.45 + 15.85
+
Omaxe Ltd. A 378.20 434.80 + 14.97
+
Rolta India A 635.40 729.65 + 14.83
+
Indian Bank A 166.75 190.60 + 14.30
+
EIH Ltd. A 143.40 163.70 + 14.16
+
Shipping Corpn. A 236.30 267.45 + 13.18
+
Rashtriya Chem&Fert. A 66.40 75.00 + 12.95
+
Jindal Saw A 749.05 845.60 + 12.89
+
HDIL A 729.10 821.25 + 12.64
+
Chennai Petro. A 363.45 407.90 + 12.23
+
Hinduja Ventures A 520.25 583.00 + 12.06
+
Jindal St & Pwr A 12,096.00 13,508.35 + 11.68
+
I-Flex Solutions Ltd A 1,348.10 1,504.95 + 11.63
+
Ashok Leyland A 40.15 44.80 + 11.58
+
JaiprakashAssociates A 1,625.95 1,812.70 + 11.49
+
Bombay Dyeing A 653.95 727.40 + 11.23
+
Central Bank A 122.95 135.40 + 10.13
+
HDFC Bank A 1,562.70 1,719.00 + 10.00
--------------------------------------------------------
IVP Limited B1 35.45 57.85 + 63.19
+
Ankit Metal & Power B1 52.75 75.00 + 42.18
+
Pudumjee Pulp B1 111.50 155.55 + 39.51
+
Shaw Wallace(C) B1 323.55 437.65 + 35.27
+
Solar Explosives B1 321.30 432.95 + 34.75
+
Eveready Industr B1 55.25 73.70 + 33.39
+
Hind. Oil Explor B1 107.65 142.40 + 32.28
+
IL&FS Investmart Ltd B1 205.30 267.30 + 30.20
+
Wire & Wireless ( In B1 53.90 70.10 + 30.06
+
Cambridge Technology B1 56.65 73.15 + 29.13
+
Electrosteel Cas B1 65.10 83.80 + 28.73
+
JHS Svendgaard Labor B1 40.00 51.40 + 28.50
+
KPIT Cummins Infosys B1 99.00 127.15 + 28.43
+
OCL India Limi B1 246.85 316.25 + 28.11
+
ABG Shipyard B1 780.90 995.30 + 27.46
+
Lloyds Steel B1 18.94 24.13 + 27.40
+
Mid-Day Multimedia L B1 46.55 59.25 + 27.28
+
Rico Auto Inds. B1 33.20 42.25 + 27.26
+
Deccan Aviation Ltd. B1 191.05 242.90 + 27.14
+
Oriental Trimex B1 17.75 22.40 + 26.20
+
PVR Ltd. B1 218.40 275.10 + 25.96
+
Development Cred B1 114.95 144.55 + 25.75
+
Parle Software Ltd. B1 1,451.00 1,817.00 + 25.22
+
Bhushan Steel Ltd. B1 1,081.75 1,350.15 + 24.81
+
Redington (India) Lt B1 329.40 410.45 + 24.61
+
TIL Ltd. B1 510.00 634.45 + 24.40
+
Guj. Amb.Exports B1 58.00 71.75 + 23.71
+
Technocraft Industri B1 61.05 75.30 + 23.34
+
IL&FS Investment Man B1 278.25 342.80 + 23.20
+
Nilkamal Ltd. B1 243.00 298.50 + 22.84
+
Crest Animation Stud T 100.60 123.35 + 22.61
+
Zenith Infotech B1 320.00 390.95 + 22.17
+
Visa Steel B1 36.15 43.65 + 20.75
+
Godrej Industries Lt B1 234.05 281.90 + 20.44
+
Gitanjali Gems B1 364.50 434.20 + 19.12
More@http://money.rediff.com/money/jsp/weekly_gainer.jsp
-----------------------------------------------------------------
Source: http://www.rediff.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 given. Blog is not responsible for any faulty information.
Company Group Prev Close (Rs) Current Price (Rs) % Change
+
Ispat Industries A 39.10 51.45 + 31.59
+
Lanco Infratech Ltd. A 432.20 531.85 + 23.06
+
Sun TV Network Ltd. A 310.05 380.70 + 22.79
+
Nirma Limited A 195.90 237.00 + 20.98
+
Videsh Sanchar N A 525.50 626.60 + 19.24
+
Hind. Zinc A 685.15 809.80 + 18.19
+
Sterlite Indus. A 879.10 1,034.75 + 17.71
+
GlaxoSmithKlineConsu A 616.00 718.15 + 16.58
+
IndusInd Bank A 102.45 119.20 + 16.35
+
Indian Overseas A 141.95 164.45 + 15.85
+
Omaxe Ltd. A 378.20 434.80 + 14.97
+
Rolta India A 635.40 729.65 + 14.83
+
Indian Bank A 166.75 190.60 + 14.30
+
EIH Ltd. A 143.40 163.70 + 14.16
+
Shipping Corpn. A 236.30 267.45 + 13.18
+
Rashtriya Chem&Fert. A 66.40 75.00 + 12.95
+
Jindal Saw A 749.05 845.60 + 12.89
+
HDIL A 729.10 821.25 + 12.64
+
Chennai Petro. A 363.45 407.90 + 12.23
+
Hinduja Ventures A 520.25 583.00 + 12.06
+
Jindal St & Pwr A 12,096.00 13,508.35 + 11.68
+
I-Flex Solutions Ltd A 1,348.10 1,504.95 + 11.63
+
Ashok Leyland A 40.15 44.80 + 11.58
+
JaiprakashAssociates A 1,625.95 1,812.70 + 11.49
+
Bombay Dyeing A 653.95 727.40 + 11.23
+
Central Bank A 122.95 135.40 + 10.13
+
HDFC Bank A 1,562.70 1,719.00 + 10.00
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IVP Limited B1 35.45 57.85 + 63.19
+
Ankit Metal & Power B1 52.75 75.00 + 42.18
+
Pudumjee Pulp B1 111.50 155.55 + 39.51
+
Shaw Wallace(C) B1 323.55 437.65 + 35.27
+
Solar Explosives B1 321.30 432.95 + 34.75
+
Eveready Industr B1 55.25 73.70 + 33.39
+
Hind. Oil Explor B1 107.65 142.40 + 32.28
+
IL&FS Investmart Ltd B1 205.30 267.30 + 30.20
+
Wire & Wireless ( In B1 53.90 70.10 + 30.06
+
Cambridge Technology B1 56.65 73.15 + 29.13
+
Electrosteel Cas B1 65.10 83.80 + 28.73
+
JHS Svendgaard Labor B1 40.00 51.40 + 28.50
+
KPIT Cummins Infosys B1 99.00 127.15 + 28.43
+
OCL India Limi B1 246.85 316.25 + 28.11
+
ABG Shipyard B1 780.90 995.30 + 27.46
+
Lloyds Steel B1 18.94 24.13 + 27.40
+
Mid-Day Multimedia L B1 46.55 59.25 + 27.28
+
Rico Auto Inds. B1 33.20 42.25 + 27.26
+
Deccan Aviation Ltd. B1 191.05 242.90 + 27.14
+
Oriental Trimex B1 17.75 22.40 + 26.20
+
PVR Ltd. B1 218.40 275.10 + 25.96
+
Development Cred B1 114.95 144.55 + 25.75
+
Parle Software Ltd. B1 1,451.00 1,817.00 + 25.22
+
Bhushan Steel Ltd. B1 1,081.75 1,350.15 + 24.81
+
Redington (India) Lt B1 329.40 410.45 + 24.61
+
TIL Ltd. B1 510.00 634.45 + 24.40
+
Guj. Amb.Exports B1 58.00 71.75 + 23.71
+
Technocraft Industri B1 61.05 75.30 + 23.34
+
IL&FS Investment Man B1 278.25 342.80 + 23.20
+
Nilkamal Ltd. B1 243.00 298.50 + 22.84
+
Crest Animation Stud T 100.60 123.35 + 22.61
+
Zenith Infotech B1 320.00 390.95 + 22.17
+
Visa Steel B1 36.15 43.65 + 20.75
+
Godrej Industries Lt B1 234.05 281.90 + 20.44
+
Gitanjali Gems B1 364.50 434.20 + 19.12
More@http://money.rediff.com/money/jsp/weekly_gainer.jsp
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Mkts close on a high note; Sensex soars : Sify.com
After opening on a high note this morning, the market retreated a bit within the next few minutes as stocks found some resistance at higher levels. However, it recovered rather swiftly and kept moving ahead as the session progressed with the firm trend on the Asian bourses and buoyant GDP growth keeping the bulls fairly engaged right till the end.
Mirroring the upbeat mood, the Sensex, which opened with a positive gap of over 130 points at 19,136.12 and hit a high of 19,424.99 in late afternoon trade, ended with a strong gain of 359.93 points or 1.89% at 19,363.19. The Nifty index of the National Stock Exchange closed with a gain of 2.27% or 108.15 points at 5762.75, around 20 points down from its intra-day high of 5782.55.
Thanks to the extremely positive sentiment, only Hindustan Unilever (down 1.45%), Ambuja Cements (down 0.85%), Bajaj Auto (down 0.55%) and BHEL (down 0.25%) among the Sensex components ended in the negative territory today.
Among Nifty stocks, GlaxoSmithKline Pharma (down 3.4%), Hindustan Petroleum Corporation (down 2.85%) and Hero Honda (down 2.6%) lost significant ground. Strong and widespread was the surge that all the sectoral indices closed with sharp gains today. The Metal index, which moved up by 5.09%, was the biggest gainer followed by the Realty barometer, which surged 3.94%. The Bankex, IT, Oil & Gas and Teck indices gained 2.5% - 2.75%. Mirroring the gains posted by power stocks, the Power index climbed up 2.13%.
The Consumer Durables, Capital Goods, FMCG and PSU indices went up by 1% - 1.75% while the Auto and Healthcare indices firmed up by 0.92% and 0.91% respectively. With several stocks from the midcap space vaulting higher, the Midcap index shot up by 2.28%. The BSE Smallcap index, not missing out on the rally, ended stronger by 1.31%.
Realty stock DLF ended as the biggest gainer from the Sensex for the first ever time. The stock, which made it to the Sensex pack recently, closed with a big gain of 7.05% at Rs 943.90.
Reliance Energy powered up by 4.5%. Tata Consultancy Services gained 3.85%. HDFC rallied 3.6%. Satyam Computer Services gained 3.4%. Tata Steel moved up by nearly 3% to Rs 825.70. ONGC (2.6%), Grasim Industries (2.6%), HDFC Bank (2.5%), Mahindra & Mahindra (2.45%), Maruti Suzuki (2.25%), Infosys Technologies (2.2%), Wipro (2.2%), Ranbaxy Laboratories (2.2%) and NTPC (2.15%) also closed with strong gains.
More @ Mkts close on a high note; Sensex soars
Articles from www.sify.com/finance
Long-term investments: Japan prefers India
Nirma floats Delaware subsidiary
Punj Lloyd wins $320 m order
Sintex to raise $300 m
eClerx Services to raise Rs 101 cr through IPO
GTL pays out Rs 259 cr for share buyback
US stocks: Futures rise on Bernanke comments
Govt approves Rs 16k cr rights issue of SBI
Sintex board okays raising $300 m
Govt sanctions Rs 1,077.6 cr to SCI for acquiring 6 vessels
Reliance Power sees major coal imports
GDP growth will be close to 9%: FM
Punj Lloyd wins $320 m Singapore order
VSNL zooms on land sale rumors
Bonus plan pushes up Parle Software
Sterlite Ind gains on unit IPO news
Inflation rate climbs to 3.21%
Omaxe plans to set up SEZ in Rajasthan
IFC may invest in Tata Power's Mundra project
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Corporates: Tata Steel, DLF
Tata Steel
Tata Steel, formerly known as TISCO (Tata Iron and Steel Company Limited), is a steel company based in Mumbai, India. Its main plant is located in Jamshedpur, Jharkhand, though with its recent acquisitions, the company has become a multinational with operations in various countries. The registered office of Tata Steel is in Mumbai. In the year 2000, the company was recognised as the world's lowest-cost producer of steel. The company was also recognised as the world's best steel producer by World Steel Dynamics in 2005. The company is listed on BSE and NSE.
More@ http://en.wikipedia.org/wiki/Tata_Steel
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DLF Universal Limited
DLF Universal Limited, or DLF, is India's largest real estate developer based in New Delhi. The company was founded by Indian businessman Chaudhury Raghuvendra Singh in 1946 to trade in the real estate business after the forthcoming partition. Dlf developed some of the first residential colonies in Delhi such as Krishna Nagar. In the mid-1970s, the company started developing its ambitious DLF City project which helped transform Gurgaon from a farming village to a commercial and real estate hub. The company has interests in commercial, residential and retail real estate market. Its upcoming plans include hotels, infrastructure and special economic zones-related development projects.[1]
More@ http://en.wikipedia.org/wiki/DLF_Universal_Limited
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Tata Steel, formerly known as TISCO (Tata Iron and Steel Company Limited), is a steel company based in Mumbai, India. Its main plant is located in Jamshedpur, Jharkhand, though with its recent acquisitions, the company has become a multinational with operations in various countries. The registered office of Tata Steel is in Mumbai. In the year 2000, the company was recognised as the world's lowest-cost producer of steel. The company was also recognised as the world's best steel producer by World Steel Dynamics in 2005. The company is listed on BSE and NSE.
More@ http://en.wikipedia.org/wiki/Tata_Steel
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DLF Universal Limited
DLF Universal Limited, or DLF, is India's largest real estate developer based in New Delhi. The company was founded by Indian businessman Chaudhury Raghuvendra Singh in 1946 to trade in the real estate business after the forthcoming partition. Dlf developed some of the first residential colonies in Delhi such as Krishna Nagar. In the mid-1970s, the company started developing its ambitious DLF City project which helped transform Gurgaon from a farming village to a commercial and real estate hub. The company has interests in commercial, residential and retail real estate market. Its upcoming plans include hotels, infrastructure and special economic zones-related development projects.[1]
More@ http://en.wikipedia.org/wiki/DLF_Universal_Limited
Source: http://en.wikipedia.org. 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.
29 November 2007
Know About: Dalal street, Wall Street
Dalal Street
Dalal Street (Marathi: दलाल - Dalāl means a broker, or dealer) in downtown Mumbai, India is the location of the Bombay Stock Exchange (in the Phiroze Jeejeebhoy Towers) and several related financial firms and institutions. When Bombay Stock Exchange was moved to this new location at the intersection of Bombay Samāchār Marg, Hammam Street, the street next to the building was renamed as Dalal Street. Similar to Wall Street in New York City, it is often used as a synonym for the Indian financial establishment in general.
more @ http://en.wikipedia.org/wiki/Dalal_Street
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Wall Street
Wall Street is a city street in lower Manhattan in New York City in the United States. It runs east from Broadway downhill to South Street on the East River, through the historical center of the Financial District. Wall Street was the first permanent home of the New York Stock Exchange, and over time Wall Street became the name of the surrounding geographic neighborhood.[1] Wall Street is also shorthand (or a metonym) for "influential financial interests" in the U.S.[2] as well as for the financial industry in the New York City area.
Several major U.S. stock and other exchanges remain headquartered on Wall Street and in the Financial District, including the NYSE, NASDAQ, AMEX, NYMEX, and NYBOT. Many New York-based financial firms are no longer headquartered on Wall Street, but are in midtown Manhattan, the outer boroughs of the city, Long Island, Westchester County, Fairfield County, Connecticut, or New Jersey.
More @ http://en.wikipedia.org/wiki/Wall_Street
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Dalal Street (Marathi: दलाल - Dalāl means a broker, or dealer) in downtown Mumbai, India is the location of the Bombay Stock Exchange (in the Phiroze Jeejeebhoy Towers) and several related financial firms and institutions. When Bombay Stock Exchange was moved to this new location at the intersection of Bombay Samāchār Marg, Hammam Street, the street next to the building was renamed as Dalal Street. Similar to Wall Street in New York City, it is often used as a synonym for the Indian financial establishment in general.
more @ http://en.wikipedia.org/wiki/Dalal_Street
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Wall Street
Wall Street is a city street in lower Manhattan in New York City in the United States. It runs east from Broadway downhill to South Street on the East River, through the historical center of the Financial District. Wall Street was the first permanent home of the New York Stock Exchange, and over time Wall Street became the name of the surrounding geographic neighborhood.[1] Wall Street is also shorthand (or a metonym) for "influential financial interests" in the U.S.[2] as well as for the financial industry in the New York City area.
Several major U.S. stock and other exchanges remain headquartered on Wall Street and in the Financial District, including the NYSE, NASDAQ, AMEX, NYMEX, and NYBOT. Many New York-based financial firms are no longer headquartered on Wall Street, but are in midtown Manhattan, the outer boroughs of the city, Long Island, Westchester County, Fairfield County, Connecticut, or New Jersey.
More @ http://en.wikipedia.org/wiki/Wall_Street
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Labels:
Know About: Dalal street,
Wall Street
Blog roundup
bsensedaily.com
Power Grid Corporation secures order from NDMC
Garware Offshore Buyback offer starts on 1st January
Shaw Wallace Merger with United Spirits
HOEC moves up on Rights Issue
GMR Energy buys stake in Himtal Hydra Power
Adani moves in to Top 10 Wealthiest Indians List
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Deadpresident.blogspot.com
FIIs net sellers of Rs 1,113cr in cash market
Market Close: Markets settled in green post F&O expiry
Sensex up on US interest rate-cut hope
More broking IPOs soon
Winter winds…will bears go into hibernation?
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Source: http://www.Deadpresident.blogspot.com and bsensedaily.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 given. Blog is not responsible for any faulty information.
Power Grid Corporation secures order from NDMC
Garware Offshore Buyback offer starts on 1st January
Shaw Wallace Merger with United Spirits
HOEC moves up on Rights Issue
GMR Energy buys stake in Himtal Hydra Power
Adani moves in to Top 10 Wealthiest Indians List
--------------------------------------------------------
Deadpresident.blogspot.com
FIIs net sellers of Rs 1,113cr in cash market
Market Close: Markets settled in green post F&O expiry
Sensex up on US interest rate-cut hope
More broking IPOs soon
Winter winds…will bears go into hibernation?
-----------------------------------------------------------
Source: http://www.Deadpresident.blogspot.com and bsensedaily.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 given. Blog is not responsible for any faulty information.
Moneycontrol, Myiris.com Articles
Moneycontrol.Com
Minimum appl value for IDR issue cut to Rs 20k: Sebi
December offers best returns to investors
Mah Assembly revokes Urban Land Ceiling Act
Orbit Corporation bounces back
Mkt ends weak on F&O expiry; underpe
IOL raising $300-m foreign currency ...
Bull run to continue: Experts
Are there signs of operator activity in many stocks?
Rel Retail to restructure into 35 arms
Forbes Asia names K.V. Kamath Businessman of The Year
RIL may surrender 7 exploration blocks: NW18
L&T Infotech IPO likely in H2FY08
Vakrangee emerge as front-runner for bagging Airtel project
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Myiris.Com
Educomp forays into formal school education
Brokers Outlook: Market view bullish for Friday
Lanco Infratech bags Rs 1.01 bn contract from MPRDC
Infosys Technologies appears on FinTech 100 list
BPCL to buy 2.5% stake in Oil India from Govt
Suryachakra Power to raise USD 100 mn to fund new projects
Kingfisher Airlines to start services on 7 new sectors
Aditya Birla Retail plans expansion worth Rs 80-90 bn
United Spirits to merge Shaw Wallace with itself
Source: http://www.moneycontrol.com and www.myiris.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 given. Blog is not responsible for any faulty information.
Minimum appl value for IDR issue cut to Rs 20k: Sebi
December offers best returns to investors
Mah Assembly revokes Urban Land Ceiling Act
Orbit Corporation bounces back
Mkt ends weak on F&O expiry; underpe
IOL raising $300-m foreign currency ...
Bull run to continue: Experts
Are there signs of operator activity in many stocks?
Rel Retail to restructure into 35 arms
Forbes Asia names K.V. Kamath Businessman of The Year
RIL may surrender 7 exploration blocks: NW18
L&T Infotech IPO likely in H2FY08
Vakrangee emerge as front-runner for bagging Airtel project
--------------------------------------------------------------------
Myiris.Com
Educomp forays into formal school education
Brokers Outlook: Market view bullish for Friday
Lanco Infratech bags Rs 1.01 bn contract from MPRDC
Infosys Technologies appears on FinTech 100 list
BPCL to buy 2.5% stake in Oil India from Govt
Suryachakra Power to raise USD 100 mn to fund new projects
Kingfisher Airlines to start services on 7 new sectors
Aditya Birla Retail plans expansion worth Rs 80-90 bn
United Spirits to merge Shaw Wallace with itself
Source: http://www.moneycontrol.com and www.myiris.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 given. Blog is not responsible for any faulty information.
Labels:
Moneycontrol,
Myiris.com Articles
Economic Times, Rediff stories
The Economic Times
K V Kamath is Businessman of the year 2007
Reliance Ind to invest Rs 17,000 cr in oil & gas exploration
AMD expands R and D presence in India
United Spirits to merge Shaw Wallace with itself
RIL denies patch-up talk, RNRL mum on sell-off
Glenmark raises profit, revenue forecast for FY-08
Your first Rs 1 lakh car from Tata Motors will come not come from Singur
S Kumars eyes UK-based fashion firm
Reliance Power to be awarded coal-fired project in Andhra Pradesh
ONGC finds more gas in Rajasthan
Jaiprakash Associates to acquire 500 mw Bina project
Nirma expands chemicals biz horizon with acquisition in US
Tech companies now net talent on the Web
BSE in pact with IFIM B-school to promote capital market training
Mercator's Mittal family enters shipbuilding business
Dabbawalas to deliver AIDS kits on Dec 1
F&O entrants from Friday make smart weekly gains
More broking firms line up to ride the bull wave
BSE steps in to check surge in PVR shares
Valuemart Info acquires 74 pc stake in Datatalk Services
Portfolio management service cos beat mutual funds
Intel India plans new businesses surrounding new technologies, markets & models
Was the company's decision to float share at a face value of Rs 10 instead of Rs 2 a fair one?
SEBI makes changes to IDR guidelines
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Rediff.Com
Infosys aims to hire 30,000
K V Kamath is Forbes Asia bizman of 2007
Meet the man behind the Bata Shoe Company
Smart managers don't repeat mistakes
A girl's pioneering vision for rural BPOs
This mutual fund stands tall
Which stocks to buy now
Got a gift from a relative? No tax on it
MBA aspirants, test your Business Awareness
Top 10 ELSS funds: Save tax, make money
Young Achievers
• 'To dream big has always been my motto'
• You can make it big anywhere: Sujatha Keshavan Guha
Source: http://www.rediff.com and 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 given. Blog is not responsible for any faulty information.
K V Kamath is Businessman of the year 2007
Reliance Ind to invest Rs 17,000 cr in oil & gas exploration
AMD expands R and D presence in India
United Spirits to merge Shaw Wallace with itself
RIL denies patch-up talk, RNRL mum on sell-off
Glenmark raises profit, revenue forecast for FY-08
Your first Rs 1 lakh car from Tata Motors will come not come from Singur
S Kumars eyes UK-based fashion firm
Reliance Power to be awarded coal-fired project in Andhra Pradesh
ONGC finds more gas in Rajasthan
Jaiprakash Associates to acquire 500 mw Bina project
Nirma expands chemicals biz horizon with acquisition in US
Tech companies now net talent on the Web
BSE in pact with IFIM B-school to promote capital market training
Mercator's Mittal family enters shipbuilding business
Dabbawalas to deliver AIDS kits on Dec 1
F&O entrants from Friday make smart weekly gains
More broking firms line up to ride the bull wave
BSE steps in to check surge in PVR shares
Valuemart Info acquires 74 pc stake in Datatalk Services
Portfolio management service cos beat mutual funds
Intel India plans new businesses surrounding new technologies, markets & models
Was the company's decision to float share at a face value of Rs 10 instead of Rs 2 a fair one?
SEBI makes changes to IDR guidelines
--------------------------------------------------------------------------------------
Rediff.Com
Infosys aims to hire 30,000
K V Kamath is Forbes Asia bizman of 2007
Meet the man behind the Bata Shoe Company
Smart managers don't repeat mistakes
A girl's pioneering vision for rural BPOs
This mutual fund stands tall
Which stocks to buy now
Got a gift from a relative? No tax on it
MBA aspirants, test your Business Awareness
Top 10 ELSS funds: Save tax, make money
Young Achievers
• 'To dream big has always been my motto'
• You can make it big anywhere: Sujatha Keshavan Guha
Source: http://www.rediff.com and 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 given. Blog is not responsible for any faulty information.
Labels:
Economic Times,
Rediff Stories
K.V. Kamath is Forbes Asia bizman of the year : Sify.Com
Kamath is Forbes Asia bizman of the year
The m-cap of ICICI swelled to $31 b under his stewardship.
K.V. Kamath, CEO, ICICI Bank, has been named Businessman of the Year for 2007 by Forbes Asia for his steadiness at steering ICICI Bank into one of Asia's top banks. Under Kamath's watch since 1996, the market capitalisation of ICICI Bank has moved up to over $31 billion (Rs 1.25 lakh crore as on November 28) placing it among the region's top 10 banks.
"By this measure, it is bigger than Singapore's DBS Group and Korea's Kookmin Bank, and has attracted big stakeholders such as Singapore's Temasek Holdings and CLSA and Merrill Lynch funds," a press release issued by Forbes said.
Sixty-year old Kamath's win puts him in the company of Nandan Nilekani of Infosys Technologies, last year's winner, and Ratan Tata, the 2004 businessman of the year.
His addition means three Indian executives have won the accolade in the last four years. Tim Ferguson, Editor, Forbes Asia, said: "Kamath's leadership has been outstanding. His focus on serving India's growing middle class by providing first world banking service at affordable prices is largely the reason behind the phenomenal growth of ICICI."
The bank's assets have grown 40 per cent annually in the last three years propelled by a boom in consumer credit where ICICI Bank has a dominant one-third market share.
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 given. Blog is not responsible for any faulty information.
The m-cap of ICICI swelled to $31 b under his stewardship.
K.V. Kamath, CEO, ICICI Bank, has been named Businessman of the Year for 2007 by Forbes Asia for his steadiness at steering ICICI Bank into one of Asia's top banks. Under Kamath's watch since 1996, the market capitalisation of ICICI Bank has moved up to over $31 billion (Rs 1.25 lakh crore as on November 28) placing it among the region's top 10 banks.
"By this measure, it is bigger than Singapore's DBS Group and Korea's Kookmin Bank, and has attracted big stakeholders such as Singapore's Temasek Holdings and CLSA and Merrill Lynch funds," a press release issued by Forbes said.
Sixty-year old Kamath's win puts him in the company of Nandan Nilekani of Infosys Technologies, last year's winner, and Ratan Tata, the 2004 businessman of the year.
His addition means three Indian executives have won the accolade in the last four years. Tim Ferguson, Editor, Forbes Asia, said: "Kamath's leadership has been outstanding. His focus on serving India's growing middle class by providing first world banking service at affordable prices is largely the reason behind the phenomenal growth of ICICI."
The bank's assets have grown 40 per cent annually in the last three years propelled by a boom in consumer credit where ICICI Bank has a dominant one-third market share.
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 given. Blog is not responsible for any faulty information.
Sensex settles with a modest gain : Sify.com
Taking cues from global markets which had surged higher on expectations of a rate cut, equities opened on a high note on the major Indian bourses this morning, and, due to heavy short-covering in the derivatives segment ahead of expiry of November series contracts, remained high up in the positive zone till about an hour to go for the closing bell.
However, due to a fairly strong bout of selling in a few blue chip stocks, the benchmark indices Sensex and Nifty gave up a significant portion of their gains in the end. Bank, oil and realty stocks closed with smart gains. Information technology stocks, which had a bright spell today, closed well off their intra-day highs due to strong resistance during the fag end of the day.
Auto stocks too surrendered most of their gains. Power, healthcare and capital goods stocks met with profit taking. Selling was evident in late afternoon trade in midcap and smallcap segments as well.
While the Sensex, which opened with a huge positive gap of over 350 points at 19,290.67, ended the session with a modest gain of 64.39 points or 0.34% at 19,003.26, the Nifty settled at 5634.60, well off its high of 5725, with a gain of 0.3% or 17.05 points. Till around mid afternoon, only a few stocks among the Sensex components, were seen struggling to make a headway. However, when trade ended for the day, as many as 14 stocks from the Sensex pack had drifted down into the red. Among them, Bajaj Auto (down 4.65%), Ranbaxy Laboratories (down 2.65%), Reliance Energy (down 2.35%) and Tata Steel (down 2%) were the worst hit.
Reliance Communications, Hindalco and BHEL eased by 1.95%, 1.85% and 1.35% respectively. ITC, HDFC, ONGC and Larsen & Toubro lost 0.5% - 1%. Cipla and Grasim Industries lost marginal ground. Banking sector heavyweights HDFC Bank (4.3%), ICICI Bank (3.15%) and State Bank of India (0.8%) closed with sharp gains.
Reliance Industries firmed up by 1.15%. Automobile stocks Maruti Suzuki (2.5%) and Mahindra & Mahindra (1.5%) ended on a firm note. Hindustan Unilever, Bharti Airtel, Ambuja Cements, NTPC, DLF and Tata Motors closed with modest gains. IT stocks Wipro, Satyam Computer Services, Tata Consultancy Services and Infosys Technologies ended with very small gains.
Reliance Petroleum flared up 12.25% on hectic short-covering. On the National Stock Exchange, the Reliance Petroleum counter clocked a huge volume of 176.59 million shares today. At nearly Rs 3625 crore, RPL's contribution to the turnover on NSE today was quite significant.
More@ Sensex settles with a modest gain
Other stories from www.sify.com/finance
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How to make money off your homeland
RIL to invest Rs 17,000 cr
BHEL wins contract
Prime Focus to acquire 2 US firms
RIL cautions against 'canard' on deal with RNRL
Rural branches are a good source of business
Time vs timing
ONGC Videsh bags two blocks in Brazil
RPL stake sale, volume data don't match
Defence ministry cracks down on Orkut networking site
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Personalities: Ashok Soota, Baba Kalyani
Ashok Soota
Ashok Soota was the President of Wipro from 1984 to 1999. He co-founded MindTree Consulting in 1999, which is currently a leading name in IT consulting.He has played a major role in the development of the IT industry in India.
Chairman and managing director of MindTree Consulting, Ashok Soota co-founded the company in August 1999 along with nine other industry professionals.
Prior to co-founding MindTree, Soota was president of Wipro Infotech from 1984 to 1999. Under his leadership, the company grew from a US$ 2 million business in 1984 to a US$ 500 million business in 1999.
More about @ http://en.wikipedia.org/wiki/Ashok_Soota
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Baba Kalyani
Baba N. Kalyani (born January 7, 1949) is an Indian billionaire businessman. According to Forbes magazine, he is the 562nd richest person in the world[1] and 19th richest in India.[2]
Mr.Kalyani is the chairman and managing director of Bharat Forge, the flagship company of the Kalyani Group and the world's second-largest forgings manufacturer after ThyssenKrupp of Germany. It is expected to take the top spot in the not too distant future. He has a BE(Hons.) from BITS Pilani and an MS degree from the Massachusetts Institute of Technology.
Baba Kalyani currently lives in Pune, India. He is the founding chairman of Pratham Pune Education Foundation,[3] a charity that provides primary education for underprivileged children.
More @ http://en.wikipedia.org/wiki/Baba_Kalyani
Source: http://en.wikipedia.org. 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.
Ashok Soota was the President of Wipro from 1984 to 1999. He co-founded MindTree Consulting in 1999, which is currently a leading name in IT consulting.He has played a major role in the development of the IT industry in India.
Chairman and managing director of MindTree Consulting, Ashok Soota co-founded the company in August 1999 along with nine other industry professionals.
Prior to co-founding MindTree, Soota was president of Wipro Infotech from 1984 to 1999. Under his leadership, the company grew from a US$ 2 million business in 1984 to a US$ 500 million business in 1999.
More about @ http://en.wikipedia.org/wiki/Ashok_Soota
--------------------------------------------------------------------------------------
Baba Kalyani
Baba N. Kalyani (born January 7, 1949) is an Indian billionaire businessman. According to Forbes magazine, he is the 562nd richest person in the world[1] and 19th richest in India.[2]
Mr.Kalyani is the chairman and managing director of Bharat Forge, the flagship company of the Kalyani Group and the world's second-largest forgings manufacturer after ThyssenKrupp of Germany. It is expected to take the top spot in the not too distant future. He has a BE(Hons.) from BITS Pilani and an MS degree from the Massachusetts Institute of Technology.
Baba Kalyani currently lives in Pune, India. He is the founding chairman of Pratham Pune Education Foundation,[3] a charity that provides primary education for underprivileged children.
More @ http://en.wikipedia.org/wiki/Baba_Kalyani
Source: http://en.wikipedia.org. 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.
Labels:
Baba Kalyani,
Personalities: Ashok Soota
28 November 2007
Deadpresident.Blogspot.Com
I came across a blog which is having the information of India's Stock markets and Stock analysis, Stock recommendations and etcccccc.
This blog is very informative.
Blog link is : http://deadpresident.blogspot.com [ India Equity Research]
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This blog is very informative.
Blog link is : http://deadpresident.blogspot.com [ India Equity Research]
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.
15 new stocks on FnO segment from Nov 30: Financial Express
National Stock Exchange on Wednesday said 15 new stocks including-- Global Broadcast News, Hindustan Zinc, Jindal Saw and NIIT Ltd will be introduced in the Futures and Options segment.
According to a NSE circular, 15 additional securities will be available for trading in the F&O segment with effect from November 30.
The other stocks included for trading in the F&O segment are Development Credit Bank, Kpit Cummins Infosystems, Motor Industries, Info Edge, Great Offshore, Wire & Wireless, Redington (India), Network 18 Fincap, Ispat Industries, Hindustan Oil Exploration and Gitanjali Gems.
Details of market lot and list of contracts being made available for trading in the above securities would be informed to members on November 29, the circular said. F&O segment on the bourse had witnessed record turnover of Rs 1,10,563 crore in October, while on Tuesday the F&O segment had reported a turnover of Rs 75,192.11 crore.
Source: http://www.financialexpress.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.
According to a NSE circular, 15 additional securities will be available for trading in the F&O segment with effect from November 30.
The other stocks included for trading in the F&O segment are Development Credit Bank, Kpit Cummins Infosystems, Motor Industries, Info Edge, Great Offshore, Wire & Wireless, Redington (India), Network 18 Fincap, Ispat Industries, Hindustan Oil Exploration and Gitanjali Gems.
Details of market lot and list of contracts being made available for trading in the above securities would be informed to members on November 29, the circular said. F&O segment on the bourse had witnessed record turnover of Rs 1,10,563 crore in October, while on Tuesday the F&O segment had reported a turnover of Rs 75,192.11 crore.
Source: http://www.financialexpress.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.
Myiris.com updates
Tata, Rcom raise USD 1.37 bn via ECBs in Sep. 07: RBI
Market seems to be in bearish zone: Vishwas Agarwal
Brokers Outlook: Volatility expected due to F&O expiry
Fortune names Ratan Tata among top 25 powerful business heads
RNRL rubishes news item
Welspun Syntex Q2 net jumps 6.37 times
ONGC-Mittal energy acquires 30% stake in blocks in Caspian Sea
Arvind Mills looks at spinning off retail business under Megamart
Pyramid Saimira to buy 51% stake in Dimple Chie
RSWM approves demerger of investment division
Source: http://www.myiris.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.
Market seems to be in bearish zone: Vishwas Agarwal
Brokers Outlook: Volatility expected due to F&O expiry
Fortune names Ratan Tata among top 25 powerful business heads
RNRL rubishes news item
Welspun Syntex Q2 net jumps 6.37 times
ONGC-Mittal energy acquires 30% stake in blocks in Caspian Sea
Arvind Mills looks at spinning off retail business under Megamart
Pyramid Saimira to buy 51% stake in Dimple Chie
RSWM approves demerger of investment division
Source: http://www.myiris.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.
ET Headlines
The Economic Times
NSE is world's top bourse in futures trading
Reliance Petroleum investors should look at rollovers for cues
Govt can get Rs 6,500 cr as GSM fee: RCom
Citi Venture buys 27 pc in Unimark Remedies for Rs 113 cr
Rupee weakens against dollar
S Kumars plans IPO for Reid & Taylor
eClerx Services IPO opens Dec 4
Wall St opens on positive note
India ranks among top expensive places to trade
Apple's Steve Jobs is most powerful businessman
S Kumars may bring PE into demerged Reid & Taylor
REL ties up coal supply with buyouts, contracts
Pyramid Saimira acquires Dimples Cine Advertising
DLF picks up majority in Amanresorts for $400 mn
Parsvnath in talks with Carrefour & Casino for retail venture
GAIL India shares climb 3.6 per cent on winning gas rights
Indiabulls promoters up stake; purchase shares worth Rs 375 cr
Emaar MGF enters Chennai residential mart
Sadhus turn smart investors
Does a CEO need to be an MBA?
Delhi to host TiE Entrepreneurial Summit 2007
Infosys receives 2007 Balanced Scorecard Hall of Fame award
Source: http://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.
NSE is world's top bourse in futures trading
Reliance Petroleum investors should look at rollovers for cues
Govt can get Rs 6,500 cr as GSM fee: RCom
Citi Venture buys 27 pc in Unimark Remedies for Rs 113 cr
Rupee weakens against dollar
S Kumars plans IPO for Reid & Taylor
eClerx Services IPO opens Dec 4
Wall St opens on positive note
India ranks among top expensive places to trade
Apple's Steve Jobs is most powerful businessman
S Kumars may bring PE into demerged Reid & Taylor
REL ties up coal supply with buyouts, contracts
Pyramid Saimira acquires Dimples Cine Advertising
DLF picks up majority in Amanresorts for $400 mn
Parsvnath in talks with Carrefour & Casino for retail venture
GAIL India shares climb 3.6 per cent on winning gas rights
Indiabulls promoters up stake; purchase shares worth Rs 375 cr
Emaar MGF enters Chennai residential mart
Sadhus turn smart investors
Does a CEO need to be an MBA?
Delhi to host TiE Entrepreneurial Summit 2007
Infosys receives 2007 Balanced Scorecard Hall of Fame award
Source: http://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.
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