Siemens Venture Capital Announces Business Plan Contest; Last Date Nov 30
Raman Roy’s Quatrro Eyes Game Offshoring; May Buy Game Outsourcing Shop
Euro RSCG, Publicis, Ybrant Looking For Digital Buyouts
Lehman, Och-Ziff Capital To Invest $100M Each In Future Group’s Hotel Business
Helion Invests $5.1 Million In Mumbai e-Learning Company Hurix Systems
Warburg Did 80 Deals Worth $1.1B In Last 15 Years, ICICI Venture 158 Deals For $542M
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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.
04 October 2007
Corporate Updates
from Rediff.com
Small firms may get their own bourse
How a strong Re will benefit India
DTH to be a costly affair for new entrants :
ICICI Pru Life launches biometric cards :
From MoneyControl.Com
ECB leaves rates unchanged at 4%
Spentex Ind to acquire East Europe Yarn Co: NW18
Reliance to convert petroleum coke into synthetic fuel
Essar plans to invest in oil exploration sector in Vietnam
Tata Steel looking for iron ore projects in Atlantic basin
Jindal Steel scales to new high
Transformers and Rectifiers (India) files DRHP with SEBI
Crompton Greaves to mfg 765 Kv Power Transformer in India
Kotak Realty Fund acquires 11.1% in Pride Hotels
Power Grid to give over 50%, hold for long term: Experts
From Other Leading portal's Sources (Business Line and etc):
India approves Maruti's JV with Futaba of Japan
DLF board to consider foreign acquisitions
Direct tax collections up 40% in April-September
Educomp Solutions in pact with Raffles Institution, Singapore
HSBC buys 3% in Sintex
We thank the owners of the above articles/sites/sources/Govts for referring this.
Small firms may get their own bourse
How a strong Re will benefit India
DTH to be a costly affair for new entrants :
ICICI Pru Life launches biometric cards :
From MoneyControl.Com
ECB leaves rates unchanged at 4%
Spentex Ind to acquire East Europe Yarn Co: NW18
Reliance to convert petroleum coke into synthetic fuel
Essar plans to invest in oil exploration sector in Vietnam
Tata Steel looking for iron ore projects in Atlantic basin
Jindal Steel scales to new high
Transformers and Rectifiers (India) files DRHP with SEBI
Crompton Greaves to mfg 765 Kv Power Transformer in India
Kotak Realty Fund acquires 11.1% in Pride Hotels
Power Grid to give over 50%, hold for long term: Experts
From Other Leading portal's Sources (Business Line and etc):
India approves Maruti's JV with Futaba of Japan
DLF board to consider foreign acquisitions
Direct tax collections up 40% in April-September
Educomp Solutions in pact with Raffles Institution, Singapore
HSBC buys 3% in Sintex
We thank the owners of the above articles/sites/sources/Govts for referring this.
ET - Corporate Stories
From The Economic Times
BSNL to invite tenders for setting up 50K WiMax kiosks
ICICI Bank raises $ 8 billion from debt
Eight suitors participate in IFCI pre-bid meet
Dabur enters malted food drink segment; ropes in Amitabh
Power sector funding may come under priority lending
PFC pays Rs 248 cr dividend to govt for 2006-07
Biocon in talks with Bayer for drug development
Moody's assigns medium grade rating to Larsen & Toubro
TCS to add 4,000 to GCP headcount
Nimbus ties up with Australian broadcaster
Railway invites private players to set up agri retail chain
TRAI fixes tariff ceiling for non-CAS areas
SEZ goods may get CST waiver in DTA
Singapore proposes SEZs in TN, Maharashtra
Kaveri Seed lists at Rs 204
BSE makes changes in Mid-cap, Small-cap indices
IBM bags Rs 70 crore project from BSNL
M&A-hungry India Inc takes European trek
Ranbaxy to hive off R&D biz
Volvo leads race for stake in Eicher
Enam Financial picks 10% stake in rural financial inclusion firm
Royal Dutch Shell to buy BPCLbs 49% stake in Bharat Shell
ONGC to spend $1.4 bn on redevelopment of field
Sun TV Network launches 2 more FM radio stations
CapitaLand all set to form 50:50 JV with DS Kulkarni
India beats China in overseas M&A deal growth
JSW Steel Q2 crude steel production up 21%
Govt collects over Rs 1 lakh crore from direct taxes
ONGC, SBI, SAIL top advance taxpayers for Sept
Wipro launches Quad Core ready desktops
Veta to start operations in Singapore by year end
Kingfisher to break-even in first half of next fiscal: CFO
Tata Motor launches new Safari
IRB Infrastructure to tap market with 5.1 crore share float
After IT, Indian realty cos march to East Europe
We thank the owners of the above articles/sites/sources/Govts for referring this.
ICICI Bank raises $ 8 billion from debt
Eight suitors participate in IFCI pre-bid meet
Dabur enters malted food drink segment; ropes in Amitabh
Power sector funding may come under priority lending
PFC pays Rs 248 cr dividend to govt for 2006-07
Biocon in talks with Bayer for drug development
Moody's assigns medium grade rating to Larsen & Toubro
TCS to add 4,000 to GCP headcount
Nimbus ties up with Australian broadcaster
Railway invites private players to set up agri retail chain
TRAI fixes tariff ceiling for non-CAS areas
SEZ goods may get CST waiver in DTA
Singapore proposes SEZs in TN, Maharashtra
Kaveri Seed lists at Rs 204
BSE makes changes in Mid-cap, Small-cap indices
IBM bags Rs 70 crore project from BSNL
M&A-hungry India Inc takes European trek
Ranbaxy to hive off R&D biz
Volvo leads race for stake in Eicher
Enam Financial picks 10% stake in rural financial inclusion firm
Royal Dutch Shell to buy BPCLbs 49% stake in Bharat Shell
ONGC to spend $1.4 bn on redevelopment of field
Sun TV Network launches 2 more FM radio stations
CapitaLand all set to form 50:50 JV with DS Kulkarni
India beats China in overseas M&A deal growth
JSW Steel Q2 crude steel production up 21%
Govt collects over Rs 1 lakh crore from direct taxes
ONGC, SBI, SAIL top advance taxpayers for Sept
Wipro launches Quad Core ready desktops
Veta to start operations in Singapore by year end
Kingfisher to break-even in first half of next fiscal: CFO
Tata Motor launches new Safari
IRB Infrastructure to tap market with 5.1 crore share float
After IT, Indian realty cos march to East Europe
We thank the owners of the above articles/sites/sources/Govts for referring this.
Sensex ends 70 points lower on profit booking
SENSEX 17777.14 -69.90
NIFTY 5208.65 -2.15
NIFTY 5208.65 -2.15
The benchmark Sensex snapped the 11-day rally by falling 70 points on the Bombay Stock Exchange (BSE) on Friday due to heavy profit-selling by funds at the existing higher levels.T
he 30-share index of the Bombay Stock Exchange, which was on an upward march for the last 11 straight trading sessions to reach close to 18,000 points, shed 69.90 points to close at 17,777.14, after touching the day's high of 17,890.49 points and low of 17,494.70.
Similarly, National Stock Exchange's Nifty settled lower by 2.15 points at 5,208.65, after touching an intra-day high of 5,233.10 points and a low of 5,126.05.
A steep rise in metal and capital goods stocks averted any major fall in in the Sensex and Nifty. Metal index surged the most by 223.35 points to 14,384.87, followed by capital goods index, which rose 184.13 points to 15,253.33. Consumer durable index shot up by 130.26 points to 4,870.23.
We thank the owners of the above articles/sites/sources/Govts for referring this.
Day's Quote/Corporate Story
Quote of the Day
"You can't climb the ladder of success with your hands in your pocket."
Personality / Corporate of the Day
N.R.Narayana Murthy / Founder, Infosys.
N.R. Narayana Murthy (Kannada: ಎನ್. ಆರ್. ನಾರಾಯಣಮೂರ್ತಿ) is an Indian industrialist, software engineer and one of the 7 founders of Infosys Technologies, a global consulting and IT services company based in India.
For further, Visit : http://en.wikipedia.org/wiki/Narayana_Murthy
We thank the owners of the above articles/sites/sources/Govts for referring this.
03 October 2007
Corporate Updates
From Rediff
Jobs for every Indian? A reality by 2009! : BS
DLF to develop New Bangalore : BS
GAIL plans $2.3 bn petrochem plant in Iran : BS
Sebi may cut MF fee structure : BS
Tata Tech eyes IPO next year : PTI
80% of IPO stocks trade at premium : BS
IBSA meet to talk on taking trilateral trade to $10 bn : PTI
Oracle launches pre-integrated biz application platform : PTI
Mutual fund assets grow to Rs 4.77 trillion : PTI
Govt keen on Mittal stake in Bina, Vizag refineries : BS
From MONEYCONTROL.com
IRB Infrastructure Developers files DRHP with SEBI
EC21.com, global B2B major, enters Indian mkt
Zenotech valued on biosimilars, oncology pipeline: Ranbaxy
Reliance Diversified Power Sector Fund gains power!
Ashok Leyland Q2FY08 sales down 1.5% at 73.8cr
Thermax targets growth in paper inds with new technology
Suzlon secures 150mw order from infrastructure major DLF
Eros Int'l acquires library of over 100 Hollywood titles
Room tariffs in star hotels may rise by 15-20%
Kingfisher Airlines inks alliance with American Express
HDFC Bank buys 4.5 m shares of HDB Fin Services
Crude trades at $80/bbl
For all business news,visit the above sites.
We thank the owners of the above articles/sites/sources/Govts for referring this.
Corporate Headlines/Stories
From Economic Times
Foreign IT cos, SIDBI likely to buy 25% in Mennen Aviation
ENIL among top global media picks
Som Mittal to takeover as NASSCOM President
Canara Bank cuts rate on new housing loans by 0.50%
Flawless Diamond gets order worth Rs 325 mn
BHEL's BHPV acquisition to come at a cost
Ranbaxy gets FDA nod for clarithromycin
Cipla overtakes GSK to become top Indian pharma company
Ambuja Sept cement shipments down 4 pc
Thermax in licencing deal with Georgia-Pacific
'Incredible India' gets PATA award
GTL secures contract worth Rs 100 cr
Foreign ship cos race for stake in ABG Heavy
DLF to spend Rs 2,500 cr on country malls
FDI increases 80% in 2006-07
PEs pump in $5.4 bn from 551 deals in 15 years
520 items to get tariff shield under India-EU trade pact
Automobile imports up 77%
Reliance launches Rs.999 colour mobile handset
FMR Corp, Fidelity acquire stake in Rolta
India out of race to IMFC top post
Common man's insurance scheme launched
Google boosts corporate e-mail
Yahoo unveils new search engine to compete Google
Big European banks keen on small enterprises in India
Warburg tops with $1.1 bn investments in 15 years
L&T to enter power generation business
Patel Engineering bags order worth Rs 428 cr
ArcelorMittal to bid with Alrosa - world's biggest coal field
We thank the owners of the above articles/sites/sources/Govts for referring this.
Foreign IT cos, SIDBI likely to buy 25% in Mennen Aviation
ENIL among top global media picks
Som Mittal to takeover as NASSCOM President
Canara Bank cuts rate on new housing loans by 0.50%
Flawless Diamond gets order worth Rs 325 mn
BHEL's BHPV acquisition to come at a cost
Ranbaxy gets FDA nod for clarithromycin
Cipla overtakes GSK to become top Indian pharma company
Ambuja Sept cement shipments down 4 pc
Thermax in licencing deal with Georgia-Pacific
'Incredible India' gets PATA award
GTL secures contract worth Rs 100 cr
Foreign ship cos race for stake in ABG Heavy
DLF to spend Rs 2,500 cr on country malls
FDI increases 80% in 2006-07
PEs pump in $5.4 bn from 551 deals in 15 years
520 items to get tariff shield under India-EU trade pact
Automobile imports up 77%
Reliance launches Rs.999 colour mobile handset
FMR Corp, Fidelity acquire stake in Rolta
India out of race to IMFC top post
Common man's insurance scheme launched
Google boosts corporate e-mail
Yahoo unveils new search engine to compete Google
Big European banks keen on small enterprises in India
Warburg tops with $1.1 bn investments in 15 years
L&T to enter power generation business
Patel Engineering bags order worth Rs 428 cr
ArcelorMittal to bid with Alrosa - world's biggest coal field
We thank the owners of the above articles/sites/sources/Govts for referring this.
SENSEX finally ended 518 pts High
SENSEX finally ended 518 pts High after hitting Historic 17953 mark
Nifty @ 141 pts High
Nifty @ 141 pts High
SENSEX 17847.04 518.42
NIFTY 5210.80 141.85
NIFTY 5210.80 141.85
Top gainers of this Day:
3-October-2007 16.45.00
Some of the Top gainers
Last Price (Rs.)
Gain(%)
DLF LTD 892.75 16.41%
tata power company ltd.
1031.25
13.22
aditya birla nuvo ltd.
1746.30
10.94
great eastern shipping company ltd.
378.90
9.76
lanco infratech ltd.
393.00
9.42
gujarat mineral development corporation ltd
1238.30
8.60
h c l infosystems ltd
247.65
7.67
reliance energy ltd.
1450.40
7.48
infrastructure development finance company ltd.
155.90
7.40
c e s c ltd.
541.10
6.48
infosys technologies ltd.
2001.40
5.72
suzlon energy ltd.
1554.55
5.44
adani exports ltd.
648.00
5.39
ntpc ltd
217.00
5.33
hinduja tmt ltd.
459.55
5.02
reliance communications ltd.
642.65
5.02
reliance communications ltd.
642.65
5.02
tata elxsi (india) ltd.
314.40
4.93
hindustan zinc ltd.
867.60
4.93
reliance industries ltd.
2393.55
4.55
bharat earth movers ltd.
1401.55
4.54
jindal steel power ltd
5379.85
3.62
hcl technologies ltd.
305.00
3.44
housing development finance corporation ltd.
2594.20
3.42
videsh sanchar nigam ltd.
460.30
3.16
jsw steel ltd
866.50
3.12
jsw steel ltd
866.50
3.12
asahi india glass ltd.
111.25
3.10
We thank the owners of the above articles/sites/sources/Govts for referring this.
Day's Quote/Corporate Story
Quote of the Day
"Heroes come from true men who are not physically strong, but strong-willed.
This makes them intelligent and respectful, which are a hero's strongest weapons
to defend those in need."
Personality / Corporate of the Day
Birla family
The Birla family is one of the foremost business houses in India. Their businesses vary from petrochemicals and textiles to automobiles and Infocomm. The founder of the Birla Group was Baldeo Das Birla, a member of the successful Marwari community from the westerly state of Rajasthan. He moved to Calcutta to set up the family business during the late nineteenth century, and with it established close ties to the freedom movement of the time. The Birla's are known for their work and support of the nation during the freedom struggle, and the family were close friends of Mahatma Gandhi.
We thank the owners of the above articles/sites/sources/Govts for referring this.
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