14 December 2007

ET Business Stories

http://economictimes.indiatimes.com/


MRF net jumps 115% to Rs 172 cr
5-step guide to locating a 'wealth creator'
Private Equity: Fueling the entrepreneurial engine in India
India Inc shines in H1 show
-----------------------------------------------

UBS' StanChart AMC bid may run into a wall
Heard on the street Analysts' picks Leading stock exchanges
Only three left in fray for IFCI
Reliance, Tatas may shell out more as bid bond for Tilaiya
ICICI, IL&FS, Kotak pick up 9.55% stake in MCX
Telecom 2G licence may cost Rs 10,000 cr

US joins spectrum war, tells India to take auction route
ITeS, BPOs lose sleep over high salary, not rising Re
Spanco headcount to rise 2,000 in a month
Stanchart gets RBI nod to acquire UTI Securities
Ranbaxy to share Fortis brand name with Dutch co
Investors flock to mid-cap counters

Godrej to enter TV market, plans solo show
RBI tightens norms on banks' mkt play
Indians are born entrepreneurs: Seshasayee
Here's someone who bet on India 12 years back
India Inc profits to grow by 20% in next five years
HSBC open to taking over Indian banks

J-Power Systems to form high voltage power cable joint venture plant in India
Punjab to become power surplus state
Indo Tech enters into agreement with EI Dupont
Citigroup to acquire 10.5% in Jindal Drilling for Rs 156 cr
Kalanithi Maran sells 2.79% stake in Sun TV for Rs 447 cr
VSNL renamed as Tata Communications

Small F&O stocks fall prey to smart operators
Religare Picks: HDIL, Adhunik Metaliks
Analysts' picks: Hindustan Unilever; Dish TV; Adani
Thomas Cook hits upper circuit
IVL among top five in south, targets six lakh new policies


-------------------------------------------

Source: http://economictimes.indiatimes.com/headlines.cms. 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.blogspot.Com Updates

http://www.deadpresident.blogspot.com
Dead Presidents! - India Equity Research


Sensex sheds 74 points
Trading Call
Nitin Fire Protection, NIIT Technologies, Shivvani...
Banking Sector
FIIs step up in buying
Post Market Commentary

Weekly Close: 20000 conquered but will it stay ?
Bulls feeling fatigued?
Weekly Trading Calls
Alembic, UTV Software, Vishal Retail, Shoppers Sto...
HDIL, Banking
Banking

Eveninger - Dec 14 2007
Green Book
Manaksia IPO Analysis
Precision Pipes and Profiles Company
Sensex, Nifty strike record high
Market to see volatility

20,000 level still holds good for Sensex
Market may move sideways
Market may come under pressure
Jubilant Organosys
Trading Calls
Market may remain choppy

Pre Market Watch
Morning Call
Morning Notes - Dec 14 2007
US Market manages a comeback in final hour
Grey Market - Precision Pipes, Porwal, Manaksia, A...

Brigade Enterprises IPO Allotment Status
Reliance Capital
Daily Trading Calls
No firm plans for weekend!
Daily Technicals - Dec 14 2007
Market Outlook - Dec 14 2007

City Union Bank
BHEL
S Kumars Nationwide
Crude eases partly
Precious metals register fall
Market may hit 21000 soon
Market Gossip

-------------------------------------
Source: Above Blog. 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.

Top B-Schools 2007: BusinessWorld

India’s Best B-Schools

BW’s survey of the best business schools in India is reassuring as well as surprising..

Top B-Schools: (in Pdf format)
Overall Rankings

Some things just do not change. Once again it’s the Indian Institute of Management (IIM), Ahmedabad that tops the BW-GfK Mode B-school Survey this year. Three other IIMs have made it to the top 10. IIM Bangalore has not been ranked because it did not share its placement data, along with data on some other sub-parameters, though it did send in its entry.The 2007 survey has thrown in a few surprises in the Top 10 as compared with the 2005 survey. Xavier Institute of Management (XIM), Bhubaneshwar and IMT Ghaziabad have slipped out of the Top 10. XIM is ranked 13th and IMT 12th this year.

The stunner this time was the Loyola Institute of Business Management, Chennai, which has made its way to the Top 20 for the first time. It shot up 15 ranks from 35 in 2005 to 20this year. Alliance Business Academy, Bangalore has shot up 10 ranks from 25 in 2005 to 15 this year. The Shailesh J Mehta School of Management, IIT Mumbai, which was ranked 13th in 2004, has slipped to the 18th rank this year.

While in the 2005 survey the IIMs collectively decided to stay away from all B-school surveys, this year the four IIMs and the Faculty of Management Studies (FMS), Delhi, which stayed away in 2005, participated.

Jamnalal Bajaj School of Management, Mumbai and Institute of Rural Management, Anand, which did not participate in the 2005 survey, stayed away this time as well. Other notable absentees include the Department of Management Studies, IIT Delhi, ICFAI Business School, Hyderabad and Mudra Institute of Communication, Anand. Fore School of Management, Delhi, which was in the Top 10 last time, too, decided to stay out of the survey.

This year’s survey, conducted by GfK-Mode Consumer Research, has some new features. We have always followed only a facility audit methodology. This year, to make the survey more comprehensive, an additional module has been incorporated — an employers’ perception audit. While the facility audit is still the core of the B-school ranking, this module supplements the main survey.

Click here for more stories on B-School survey
The facility audit comprises living experience, learning experience, placements, return on investment and international exposure. Each of these modules has a series of sub-modules. While two schools may end up with similar score in the facility audit, there is usually a huge difference in the ranking within the various parameters.

Living Experience / Learning Experience
Placement Experience / Return On Investment
International Exposure /Employers Who Have Visited And Rated The B-School
Employer's Perception /

More articles @ http://www.businessworld.in/content/section/5/27




Source: http://www.businessworld.in. 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, Moneycontrol Updates

Myiris.com

Citi to pick 10.47% stake in Jindal Drilling for Rs 1.53 bn
Fitch upgrades Axis Bank`s ratings
Kaushalya Infra settles with 35.50% premium on NSE
Wrap Up: Market closes in negative

Brokers` Outlook: Market to trade within a range
Postal Life funds to enter stock markets
UTV Software acquires Indiagames
DIT receives investment proposal worth USD 25bn
ICICI Sec recommends `Hold` on Shiv-Vani Oil & Gas
Inflation at 3.75% on high prices of aviation turbine fuel , naphtha

Quintegra Solutions to float 2 new subsidaries
Sesa Goa looks at alliance for mining operations
Porwal Auto to tap capital market on Dec 17 via IPO route
Mercator Lines` arm lists on Singapore Stock Exchg
Simplex Infra to raise equity shares
Mittal looks at bidding for oil blocks in India
Parsvnath launches group housing project; eyes Rs 4.5 bn

JP Associates board okays USD 400 mn GDR issue
Cera Sanitaryware to consider issue of pref. warrants
Eicher CV sales up 2.5%
India`s jewellery exports surged by 9.72%
Atlanta buys property in Rajasthan for Rs 486 mn
HSBC Holdings buys `The Chinese Bank ` 14
Canara Bank hikes open offer price to Rs 63

Jet, Kingfisher take off for San Francisco
ONGC likely to strike natural gas in Orissa
Videocon may hive off energy biz into separate unit
Mold-Tek unlocks value by de-merger of KPO biz

----------------------------------------------------
Moneycontrol.COm

Sensex to see 22,600 by '08-end: UBS Sec
DSP ML sees avg earnings at 17% in 2 yrs
A prized midcap infra pick!
MRF Q4 net profit at Rs 60 cr
Penny stocks see buying interest with huge volumes
Expertspeak: Action is where midcaps are!

MF industry sees drop in inflows in 2007
Fin, steel, cement stocks to be key wealth creators: MOST
Mega land investment in Maharashtra
BGR Energy Systems IPO subscribed 120 times
Ispat Industries to set up iron ore unit in AP, stock up
Fund Action witnessed in stocks on 13th December, 2007

Why are global players ready to pay top $ for Indian funds?
Mahindra Holidays files IPO papers with Sebi
Lodha Group plans Rs 8,000-crore IPO
Kaushalya sees topline growth of 50% in FY09



Source: http://www.myiris.com and www.moneycontrol.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.

Indians mind world's business : Sify India

Global CEOs: Indians mind world's business


The ascension of Indian-born leaders like Vikram Pandit, the new CEO of Citigroup Inc., tracks the economic rise of India, which once seen by US business as a large market and a source of low-cost technology workers. Now India is viewed as a business power that rivals the US in some industries.

The change is visible on the board of the US-India Business Council, once comprised only of executives from US companies doing business in India. Now the board includes executives from global companies with business in India, Indian-Americans heading global businesses and Indian companies with interest in the US.

Board members include Arun Kumar, head partner at KPMG International, Indra Nooyi, CEO of PepsiCo Inc. and Lakshmi Narayanan, vice chairman of Cognizant Technology Solutions, an outsourcing company that bills itself as ''the best of both worlds.''

Arcelor Mittal has grown into the world's largest steelmaker, offering $1.65 billion last week for the remaining shares of Chinese steelmaker China Oriental Group Co. it doesn't already own. While the company is based in the Netherlands, its Indian CEO and founder, Lakshmi Mittal, controls nearly half its shares.

India's outsourcing companies have grown to take on more valuable contracts, pitting them against US-based giants such as IBM Corp. and Accenture Ltd. India's Tata Consultancy Services Ltd. in October announced a $1.2 billion contract from American market research firm Nielsen, the largest outsourcing order ever won by an Indian company and one that includes services from information technology infrastructure management to payroll processing.

Tata Group has expressed its interest in buying troubled Ford Motor Co.'s Jaguar and Land Rover units. ''It's harder to see the borders now,'' said Gregory Kalbaugh, director and counsel of the US-India Business Council.

As the Indian economy has been on a tear, clocking 6 per cent to 8 per cent annual growth, Indian and US political leaders have viewed business ties as a way to bring the countries closer.
President George Bush and Prime Minister Manmohan Singh handpicked members of the US-India CEO Forum, launched in 2005, to plan increased partnership and cooperation.
Meanwhile, US businesses, increasingly dependent on foreign trade, have intensified their interest in promoting an international group of executives.

Nearly half of sales for 238 of the largest US companies was from outside the US for fiscal year 2006, up from one-third of sales in fiscal 2001, according to Standard & Poor's. At the same time, Indians who came to the US to study 30 years ago have worked their way up the ranks of American companies.

The latest round of promotions includes Shantanu Narayen, who joined Adobe Systems Inc. in 1998 and was appointed CEO in December. Others have been in their jobs far longer, such as Ramani Ayer, chairman and CEO of Hartford Financial Services Group Inc., who has led the company since 1997.

Rising business tycoons:

K S (Sonny) Kalsi, managing director and global head of Morgan Stanley's real estate investing business, which has $88.3 billion in assets under management .

Meena Mutyala, vice president of engineering and product management for Westinghouse Electric Corp.'s nuclear fuel business worldwide.

Sheila Hooda, senior managing director, strategy at $437 billion investment company TIAA-CREF, who was previously a managing director in the investment banking division at Credit Suisse.

The rise of Indian-born executives such as Pandit, who on Monday was named CEO of Citigroup, the world's largest bank, follows by more than a decade the advances of Indian business consultants.

A handful of Indian-born academics, especially Ram Charan and C.K. Prahalad, long ago established themselves at the upper echelons of business consulting; consultant and author Charan was reportedly the first outsider Jeffrey Immelt turned to for advice when he became CEO of General Electric Co.

Rajat Gupta, who joined McKinsey & Co. in 1973, was elected managing director of the management consulting firm in 1994, then re-elected to two more three-year terms in 1997 and 2000. Gupta is leaving McKinsey at the end of this year to concentrate on his board positions.
One of Gupta's latest gigs: Special adviser on management reform to the Secretary-General of the United Nations..

-----------------------------------------------------------------------
Be Proud as Indian...............


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. Blog is not responsible for any faulty information.

Sensex loses 74 pts at close : SIfy Finance (India )

Sensex loses 74 pts at close


There were as many as fifteen gainers from the Sensex as the session drew to a close today. But then, losses posted by a majority of the other half proved so sharp that the barometer, which had another choppy session, ended in the negative territory with a loss of 73.56 points or 0.37% at 20,030.83.

The start was fairly good with the barometer spurting to 20,171.57 after opening at 20,108.09. However, due to weak global markets and lack of triggers, a good majority of large cap stocks struggled for support almost right through the session. Though the Sensex managed a couple of rallies from lower levels, a strong bout of selling during the final minutes pushed the barometer down to 19,936.49.

The National Stock Exchange's 50-stock Nifty index, which touched a high of 6078.55 in early trade, closed at 6047.50, well off its intra-day low of 6015.05, netting a loss of 0.17% or 10.40 points.

Bharti Airtel (down 3.55%), ICICI Bank (down 2.85%), HDFC (down 2.6%), Satyam Computer Services (down 2.35%), HDFC Bank (down 1.65%), Larsen & Toubro (down 1.4%), Tata Steel (down 1.3%), BHEL (down 1.15%) and Wipro (down 1%) ended with sharp losses.
Infosys Technologies closed lower by 0.7% at Rs 1646.80. Mahindra & Mahindra slipped by 0.4% to Rs 790.70. Reliance Communications, DLF and Reliance Energy ended with marginal losses.

BPCL, Zee Entertainment, SAIL, VSNL, Punjab National Bank, Siemens and GAIL India were among the major losers from the Nifty index.

But for a smart rally in Reliance Industries (up nearly 2%), the Sensex would well have ended with a far sharper loss today. ACC (3.6%), Ranbaxy Laboratories (2.7%), Cipla (2.65%), Hindustan Unilever (2.35%), ITC (1.9%), Hindalco (1.85%), Ambuja Cements (1.6%) and Tata Consultancy Services (1.45%) also ended on a firm note.

ONGC, State Bank of India, Grasim Industries, Maruti Suzki and Bajaj Auto gained 0.3% - 1% over their previous closing levels. NTPC, which moved in a tight band, edged up marginally to Rs 246.60.

Nifty stock GlaxoSmithKline Pharma rallied 5.2% to Rs 1092.95. Cairn India moved up by 3.2%. Dr. Reddy's Laboratories, Nalco and Sun Pharmaceuticals also closed with smart gains.
Gillette shot up by 20% to Rs 1323.20. Punjab Tractors, Finolex Industries, TVS Motor and India Cements jumped by 10% - 12%. Lupin, Arvind Mills, Gujarat Narmada, HDIL, Jet Airways, Wockhardt, Procter & Gamble, TN Newsprint & Papers, Cadila Healthcare, Rashtriya Chemicals, National Fertilizers, GlaxoSmithKline Consumer Healthcare, EIH, Indo Rama Synthetics and Gujarat Industries & Power gained 4% - 7%.

Midcap stocks Fortis Healthcare, DCM Shriram, Jubilant Organosys, Time Techno, Bajaj Hindustan, Praj Industries, Panacea Biotech, Sun Pharma Advanced Research, SpiceJet, Prism Cements, JK Cements, Shriram Transport, Motherson Sumi, Hotel Leelaventure and Gujarat Alkalies ended with hefty gains.

A number of stocks from the smallcap also surged higher on sustained buying support today. Mirroring investor interest for midcap and smallcap stocks, the BSE Midcap and Smallcap indices ended stronger by 1.02% and 1.57% respectively.

Kaushalya Infrastructure, which made its debut today, ended at Rs 81.30, a premium of 35.5% to its issue price of Rs 60. Over 38.4 million shares were traded at the Kaushalya Infrastructure counter on NSE today. Kolte Patil, which made a strong debut yesterday, extended its gain. The stock ended up by a little over 20% at Rs 217.65 today.

The market breadth remained strong once again. Out of 2940 stocks traded on BSE, 2082 stocks moved up. 830 stocks closed in the negative territory and 28 stocks finished at their previous closing levels.

more @ www.sify.com/finance

Sesa Goa eyeing tie-ups
IVR Prime gets Rs 250 cr funds
Global CEOs: Indians mind world's business
Murdoch completes $5 b deal for Dow Jones
India’s per capita income to grow at 7.5% in 2007-12’
'ING Vysya Life Insurance among top five in south'
ICICI Venture, IL&FS, Kotak fund take 9.55% in MCX

Wealth creators
Gulf Finance signs deal for $10 b India economic zone
Inflation rises to 3.75%
Videocon Ind jumps on energy spin off plan
HSBC India to foray into retail broking
GMR Infra plans coal mine acquisition
ADAG m-cap crosses Rs 3 lakh crore

With a clutch of new products, TVS expects a better Q4



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. Blog is not responsible for any faulty information.