Company
Group
Prev Close (Rs)
Current Price (Rs)
% Change
Rashtriya Chem&Fert.
A
60.10
72.10
+ 19.97
+
HMT Ltd.
A
86.70
104.00
+ 19.95
+
National Alumini
A
367.75
421.85
+ 14.71
+
HDFC Bank
A
1,578.50
1,749.10
+ 10.81
+
Finolex Industri
A
72.45
80.00
+ 10.42
+
Dredging Corpora
A
1,120.80
1,232.85
+ 10.00
+
Fertilisers & Ch
A
32.60
35.85
+ 9.97
+
National Fertili
A
69.20
76.10
+ 9.97
+
Ispat Industries
A
42.40
46.60
+ 9.91
+
Punj. NationlBak
A
549.40
601.35
+ 9.46
+
Hinduja TMT Ltd.
A
410.05
446.60
+ 8.91
+
ICICI Bank
A
1,176.15
1,277.90
+ 8.65
+
Videsh Sanchar N
A
483.55
524.55
+ 8.48
+
CESC Ltd.
A
571.00
618.70
+ 8.35
+
Mangalore Refine
A
96.75
104.80
+ 8.32
+
Jindal Saw
A
747.30
808.60
+ 8.20
+
Oriental Bank of
A
238.10
256.20
+ 7.60
+
Reliance Inds.
A
2,695.85
2,887.50
+ 7.11
+
Hindalco Indus.
A
203.50
217.65
+ 6.95
+
Wipro Ltd
A
441.05
471.20
+ 6.84
+
MICO
A
4,272.80
4,559.60
+ 6.71
+
Bongaigaon Refin
A
75.65
80.65
+ 6.61
+
HDFC
A
2,587.40
2,755.85
+ 6.51
+
Finolex Cables
A
74.85
79.70
+ 6.48
+
Siemens Ltd.
A
1,767.60
1,881.05
+ 6.42
+
JSW Steel
A
883.20
936.80
+ 6.07
+
Shipping Corpn.
A
234.40
248.50
+ 6.02
+
Power Finance Co
A
272.75
288.50
+ 5.77
+
United Phosphorus
A
316.55
334.65
+ 5.72
+
Steel Authority
A
249.75
263.90
+ 5.67
+
MTNL
A
166.05
175.35
+ 5.60
+
Reliance Capital
A
2,035.05
2,146.65
+ 5.48
+
Indian Bank
A
163.80
172.70
+ 5.43
+
Bombay Dyeing
A
661.75
697.55
+ 5.41
+
Neyveli Lignite
A
203.15
214.15
+ 5.41
+
BEML Ltd.
A
1,630.15
1,718.25
+ 5.40
+
Sun Pharma.
A
1,078.70
1,135.10
+ 5.23
+
Welspun Gujarat
A
409.45
430.25
+ 5.08
+
Adani Enterprises Lt
A
803.50
843.65
+ 5.00
+
IDFC
A
184.90
194.00
+ 4.92
+
Satyam Computer
A
410.55
430.75
+ 4.92
+
Infosys Techno.
A
1,627.50
1,706.35
+ 4.84
-------------------------------
Company
Group
Prev Close (Rs)
Current Price (Rs)
% Change
+
Uttam Galva Steels
B1
49.00
58.80
+ 20.00
+
Indus Fila Ltd.
B1
225.85
271.00
+ 19.99
+
Vindhya Telelink
T
190.55
228.65
+ 19.99
+
KEC Infrastructures
B1
40.80
48.95
+ 19.98
+
S A L Steel
B1
18.12
21.74
+ 19.98
+
SREI Infrastructure
B1
147.40
176.85
+ 19.98
+
Punj. Alkalie
B1
35.05
42.05
+ 19.97
+
Vikash Metal & Power
B1
26.80
32.15
+ 19.96
+
Shah Alloys
B1
54.20
65.00
+ 19.93
+
Gallantt Metal
B1
24.60
29.50
+ 19.92
+
Jagjanani Textiles L
B1
9.49
11.38
+ 19.92
+
Kamdhenu Ispat
B1
31.70
38.00
+ 19.87
+
Pennar Alum.
T
4.28
5.13
+ 19.86
+
Arvind Remedies
B1
1.88
2.25
+ 19.68
+
ITI
B1
59.05
69.05
+ 16.93
+
PNB Gilts Ltd.
B1
23.65
27.55
+ 16.49
+
SB&T International
T
27.10
31.45
+ 16.05
+
GujaratStatePetronet
B1
70.25
80.90
+ 15.16
+
Nitin Spinners
B1
11.34
12.96
+ 14.29
+
Guj. Alkalie & C
B1
189.55
215.65
+ 13.77
+
Saamya Biotech (Indi
B1
16.76
19.03
+ 13.54
+
Deccan Chronicle Hol
B1
173.65
196.65
+ 13.25
+
National Steel & Agr
B1
32.30
36.50
+ 13.00
---------------------------
Company
Group
Prev Close (Rs)
Current Price (Rs)
% Change
+
Essar Oil Ltd.
B2
88.50
120.80
+ 36.50
+
Ashirwad Capital
B2
3.90
4.68
+ 20.00
+
Beckons Ind.Ltd
T
6.35
7.62
+ 20.00
+
Cybele Industries Lt
T
15.30
18.36
+ 20.00
+
Himalya Internat
T
17.55
21.06
+ 20.00
+
IndiaNivesh
Z
415.10
498.10
+ 20.00
+
Jayshree Chem.
B2
19.00
22.80
+ 20.00
--------------------------------------------------------------
Company
Current Price
Previous Close
% Change
Volume
H D F C BANK
1749.10
1578.50
10.81
171,025
ICICI BANK
1277.90
1176.15
8.65
552,311
RELIANCE
2887.50
2695.85
7.11
1,921,506
HINDALCO
217.65
203.50
6.95
4,109,635
WIPRO
471.20
441.05
6.84
144,057
HOUS DEV FIN
2755.85
2587.40
6.51
302,457
SATYAM COMPU
430.75
410.55
4.92
429,388
INFOSYS TECH
1706.35
1627.50
4.84
399,879
O N G C
1235.25
1183.30
4.39
350,610
RELIANCE ENR
1920.35
1853.80
3.59
1,255,797
-------------------------------------
NSE Gainers (Nifty)
Company
Current Price
Previous Close
% Change
Volume
NATION ALUM
420.60
369.85
13.72
305,601
H D F C BANK
1752.30
1574.20
11.31
1,191,184
PUNJAB NATIONAL B
601.60
548.65
9.65
2,030,111
ICICI BANK
1278.55
1173.70
8.93
2,860,771
VIDESH SANCH
524.55
482.20
8.78
970,883
HINDALCO
217.75
202.95
7.29
10,795,842
RELIANCE
2888.45
2693.10
7.25
6,131,511
WIPRO
472.95
442.15
6.97
1,057,621
HOUS DEV FIN
2760.95
2581.60
6.95
1,550,417
SIEMENS
1884.05
1770.70
6.40
184,586
We thank (will be grateful to) the owners of the above articles/sites/sources/Govts www.rediff.com www.myiris.com for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers.
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.
14 November 2007
Biggest rally by Sensex; up 894 points
Biggest rally by Sensex; up 894 points
Market ends with monster gains: Sensex up 900 pts
Biggest-ever rally for Sensex
The Sensex opened with a positive gap of 302 points at 19,337 on the back of smart gains in the global markets. Unabated buying in the market saw the index rally to higher levels as the day progressed.The Sensex touched a high of 19,988, and finally settled with a huge gain of 894 points (4.7%) at 19,929 -- the biggest-ever single-day gain in absoule terms for the index. Adding the 300-point gain on Tuesday, the index has nearly regained the 1,200 points it had lost in six sessions till Monday. The NSE Nifty ended at 5,938, up 243 points.
BIGGEST SINGLE-DAY GAINS
Date
Close
Prv Cls
Net Chg
% Chg
14-Nov-07
19929.06
19035.48
893.58
4.69
23-Oct-07
18492.84
17613.99
878.85
4.99
09-Oct-07
18280.24
17491.39
788.85
4.51
29-Oct-07
19977.67
19243.17
734.50
3.82
19-Sep-07
16322.75
15669.12
653.63
4.17
15-Oct-07
19058.67
18419.04
639.63
3.47
15-Jun-06
9545.06
8929.44
615.62
6.89The BSE Bankex and the Oil & Gas indices soared 6.5% each to 11,226 and 12,139, respectively. The IT index zoomed 4.5% to 4280, and the Metal index gained 4% at 17,756.The market breadth was fairly positive - out of 2,849 stocks traded, 2,025 advanced, 763 declined and 61 were unchanged on Wednesday.
For more, Visit: http://www.rediff.com/money/2007/nov/14sensex.htm
We thank (will be grateful to) the owners of the above articles/sites/sources/Govts www.sify.com www.rediff.com www.moneycontrol.com for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers.
Market ends with monster gains: Sensex up 900 pts
Biggest-ever rally for Sensex
The Sensex opened with a positive gap of 302 points at 19,337 on the back of smart gains in the global markets. Unabated buying in the market saw the index rally to higher levels as the day progressed.The Sensex touched a high of 19,988, and finally settled with a huge gain of 894 points (4.7%) at 19,929 -- the biggest-ever single-day gain in absoule terms for the index. Adding the 300-point gain on Tuesday, the index has nearly regained the 1,200 points it had lost in six sessions till Monday. The NSE Nifty ended at 5,938, up 243 points.
BIGGEST SINGLE-DAY GAINS
Date
Close
Prv Cls
Net Chg
% Chg
14-Nov-07
19929.06
19035.48
893.58
4.69
23-Oct-07
18492.84
17613.99
878.85
4.99
09-Oct-07
18280.24
17491.39
788.85
4.51
29-Oct-07
19977.67
19243.17
734.50
3.82
19-Sep-07
16322.75
15669.12
653.63
4.17
15-Oct-07
19058.67
18419.04
639.63
3.47
15-Jun-06
9545.06
8929.44
615.62
6.89The BSE Bankex and the Oil & Gas indices soared 6.5% each to 11,226 and 12,139, respectively. The IT index zoomed 4.5% to 4280, and the Metal index gained 4% at 17,756.The market breadth was fairly positive - out of 2,849 stocks traded, 2,025 advanced, 763 declined and 61 were unchanged on Wednesday.
For more, Visit: http://www.rediff.com/money/2007/nov/14sensex.htm
We thank (will be grateful to) the owners of the above articles/sites/sources/Govts www.sify.com www.rediff.com www.moneycontrol.com for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers.
Heavyweights vault, lift Sensex up by 894 pts at close
Sensex up by 894 pts at close
The bulls, after staging a telling comeback yesterday afternoon, stormed the bourses once again and stamped their supremacy in style today. The resultant surge in prices of blue chip stocks proved so sharp that the benchmark BSE index Sensex, which opened with a positive gap of a little over 300 points, very nearly breached the 20,000 mark this afternoon.
Though it fell short of the coveted figure by a whisker - it hit a high of 19,987.71 in late afternoon trade - the barometer still recorded its biggest ever single day gain (in absolute terms) today. While the Sensex ended the session with a massive gain of 893.58 points or 4.69% at 19,929.06, the National Stock Exchange's 50 stock Nifty index zoomed 4.26% or 242.50 points to 5937.90. It hit a high of 5950.20 this afternoon.
The smart recovery in global markets, the decision of Left parties to soften their stand on the Indo-US nuclear pact and reports from SEBI that a number of prominent overseas investors have been applying for licences to enter the market as FIIs were among the significant factors that triggered a buying spree today.
Barring consumer durables stocks, which remained rather subdued, stocks from all other sectors were seen moving higher and higher as the session progressed today. Mirroring the splendid rise in prices of bank and oil stocks, the Bankex and Oil & Gas indices spurted 6.53% and 6.4% over their previous closing levels.
IT stocks, led by bellwether Infosys Technologies, bounced back from recent losses and posted handsome gains. The BSE IT and Teck indices climbed up 4.51% and 3.83% respectivey. The Metal index surged 4.16%. The Auto, Capital Goods, Power, Realty and PSU indices advanced by 2% - 4% while the FMCG and Healthcare indices firmed up by 1.53% and 1.64% respectively.
HDFC Bank (up 10.85%) was the biggest gainer from the Sensex pack. ICICI Bank closed with a gain of 8.65%. Reliance Industries flared up by 7.15%. Hindalco gained nearly 7%. Wipro, which was a bit sedate to start with, ended with a strong gain of 6.85%.
HDFC ended with a gain of over 6.5%. Satyam Computer Services (4.95%), Infosys Technologies (4.85%), ONGC (4.4%), Reliance Energy (3.6%), Tata Consultancy Services (3.6%), BHEL (3.5%), Maruti Suzuki (3.5%), Bharti Airtel (3.2%), Grasim Industries (3.2%) and Tata Steel (3%) ended with big gains.
Larsen & Toubro shed some points on profit taking, but still ended the day with a handsome gain of 2.85%. ITC (2.75%), Reliance Communications (2.45%), State Bank of India (2.2%), Tata Motors (2.1%), NTPC (1.85%), ACC (1.6%) and Mahindra & Mahindra (1.05%) also ended on a firm note. Ranbaxy Laboratories, Dr. Reddy's Laboratories, Cipla, Ambuja Cements, Bajaj Auto and Hindustan Unilever ended marginally higher than their previous closing levels.
Nalco, which shot up by 13.75%, was the biggest gainer from the Nifty index. Punjab National Bank, VSNL, Siemens, Sun Pharmaceuticals and SAIL gained 6% - 10%. MTNL, Tata Power, Sterlite Industries, Zee Entertainment, Unitech, HCL Technologies, GAIL India, GlaxoSmithKline Pharma, ABB, Suzlon Energy and Hero Honda also closed with impressive gains.
Besides large cap stocks, a number of midcap and smallcap stocks also rallied to higher levels and mirroring widespread buying, the market breadth remained quite strong today. When trade ended, out of a total of 2849 stocks seen in action on BSE, as many as 2025 stocks were up in the positive territory. 763 stocks closed with losses and 61 stocks ended at their previous closing levels.
'India to be a major economic powerhouse'
'Strong rupee slows down production'
JSW Steel unit to invest in TN
DLF buys Amanresorts
Making money online
and more @ www.sify.com/finance
We thank (will be grateful to) the owners of the above articles/sites/sources/Govts www.sify.com for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers.
The bulls, after staging a telling comeback yesterday afternoon, stormed the bourses once again and stamped their supremacy in style today. The resultant surge in prices of blue chip stocks proved so sharp that the benchmark BSE index Sensex, which opened with a positive gap of a little over 300 points, very nearly breached the 20,000 mark this afternoon.
Though it fell short of the coveted figure by a whisker - it hit a high of 19,987.71 in late afternoon trade - the barometer still recorded its biggest ever single day gain (in absolute terms) today. While the Sensex ended the session with a massive gain of 893.58 points or 4.69% at 19,929.06, the National Stock Exchange's 50 stock Nifty index zoomed 4.26% or 242.50 points to 5937.90. It hit a high of 5950.20 this afternoon.
The smart recovery in global markets, the decision of Left parties to soften their stand on the Indo-US nuclear pact and reports from SEBI that a number of prominent overseas investors have been applying for licences to enter the market as FIIs were among the significant factors that triggered a buying spree today.
Barring consumer durables stocks, which remained rather subdued, stocks from all other sectors were seen moving higher and higher as the session progressed today. Mirroring the splendid rise in prices of bank and oil stocks, the Bankex and Oil & Gas indices spurted 6.53% and 6.4% over their previous closing levels.
IT stocks, led by bellwether Infosys Technologies, bounced back from recent losses and posted handsome gains. The BSE IT and Teck indices climbed up 4.51% and 3.83% respectivey. The Metal index surged 4.16%. The Auto, Capital Goods, Power, Realty and PSU indices advanced by 2% - 4% while the FMCG and Healthcare indices firmed up by 1.53% and 1.64% respectively.
HDFC Bank (up 10.85%) was the biggest gainer from the Sensex pack. ICICI Bank closed with a gain of 8.65%. Reliance Industries flared up by 7.15%. Hindalco gained nearly 7%. Wipro, which was a bit sedate to start with, ended with a strong gain of 6.85%.
HDFC ended with a gain of over 6.5%. Satyam Computer Services (4.95%), Infosys Technologies (4.85%), ONGC (4.4%), Reliance Energy (3.6%), Tata Consultancy Services (3.6%), BHEL (3.5%), Maruti Suzuki (3.5%), Bharti Airtel (3.2%), Grasim Industries (3.2%) and Tata Steel (3%) ended with big gains.
Larsen & Toubro shed some points on profit taking, but still ended the day with a handsome gain of 2.85%. ITC (2.75%), Reliance Communications (2.45%), State Bank of India (2.2%), Tata Motors (2.1%), NTPC (1.85%), ACC (1.6%) and Mahindra & Mahindra (1.05%) also ended on a firm note. Ranbaxy Laboratories, Dr. Reddy's Laboratories, Cipla, Ambuja Cements, Bajaj Auto and Hindustan Unilever ended marginally higher than their previous closing levels.
Nalco, which shot up by 13.75%, was the biggest gainer from the Nifty index. Punjab National Bank, VSNL, Siemens, Sun Pharmaceuticals and SAIL gained 6% - 10%. MTNL, Tata Power, Sterlite Industries, Zee Entertainment, Unitech, HCL Technologies, GAIL India, GlaxoSmithKline Pharma, ABB, Suzlon Energy and Hero Honda also closed with impressive gains.
Besides large cap stocks, a number of midcap and smallcap stocks also rallied to higher levels and mirroring widespread buying, the market breadth remained quite strong today. When trade ended, out of a total of 2849 stocks seen in action on BSE, as many as 2025 stocks were up in the positive territory. 763 stocks closed with losses and 61 stocks ended at their previous closing levels.
'India to be a major economic powerhouse'
'Strong rupee slows down production'
JSW Steel unit to invest in TN
DLF buys Amanresorts
Making money online
and more @ www.sify.com/finance
We thank (will be grateful to) the owners of the above articles/sites/sources/Govts www.sify.com for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers.
Corporate/Personailty of the Day
Kanwal Rekhi
Kanwal Rekhi (born 1945) is an Indian-American engineer, businessman and millionaire philanthropist.
Kanwal was born in Rawalpindi (then in British India, now in Pakistan). After the partition of India, his family settled in Kanpur, India. In 1967 Rekhi graduated as an electrical engineer from the Indian Institute of Technology in Bombay, India and in 1969 he received a Master of Science degree from Michigan Technological University.
For more, Visit: http://en.wikipedia.org/wiki/Kanwal_Rekhi
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Kanwal Rekhi (born 1945) is an Indian-American engineer, businessman and millionaire philanthropist.
Kanwal was born in Rawalpindi (then in British India, now in Pakistan). After the partition of India, his family settled in Kanpur, India. In 1967 Rekhi graduated as an electrical engineer from the Indian Institute of Technology in Bombay, India and in 1969 he received a Master of Science degree from Michigan Technological University.
For more, Visit: http://en.wikipedia.org/wiki/Kanwal_Rekhi
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Labels:
Corporate/Personailty of the Day
13 November 2007
About: Wikipedia.org
This section is to provide/will provide information about Personalities/Famous Websites/Companies/Magazines/Financial Terms and etc.
We thank http://en.wikipedia.org/ for this.
So, We first Start with the above Site.
http://en.wikipedia.org
Wikipedia is a multilingual, web-based, free content encyclopedia project. The name Wikipedia is a portmanteau of the words wiki (a type of collaborative website) and encyclopedia. Wikipedia's articles provide links to guide the user to related pages with additional information.Wikipedia is written collaboratively by volunteers from all around the world. Since its creation in 2001, Wikipedia has grown rapidly into one of the largest reference Web sites. There are more than 75,000 active contributors working on some 9,000,000 articles in more than 250 languages. As of today, there are 2,088,725 articles in English; every day hundreds of thousands of visitors from around the world make tens of thousands of edits and create thousands of new articles to enhance the knowledge held by the Wikipedia encyclopedia. (See also: Wikipedia:Statistics).
About Wikipedia
1.1 Wikipedia history
1.2 Trademarks and copyrights
1.3 Wikipedia contributors
1.4 The Wikimedia Foundation
For more, Visit: http://en.wikipedia.org/wiki/Wikipedia:About
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.
We thank http://en.wikipedia.org/ for this.
So, We first Start with the above Site.
http://en.wikipedia.org
Wikipedia is a multilingual, web-based, free content encyclopedia project. The name Wikipedia is a portmanteau of the words wiki (a type of collaborative website) and encyclopedia. Wikipedia's articles provide links to guide the user to related pages with additional information.Wikipedia is written collaboratively by volunteers from all around the world. Since its creation in 2001, Wikipedia has grown rapidly into one of the largest reference Web sites. There are more than 75,000 active contributors working on some 9,000,000 articles in more than 250 languages. As of today, there are 2,088,725 articles in English; every day hundreds of thousands of visitors from around the world make tens of thousands of edits and create thousands of new articles to enhance the knowledge held by the Wikipedia encyclopedia. (See also: Wikipedia:Statistics).
About Wikipedia
1.1 Wikipedia history
1.2 Trademarks and copyrights
1.3 Wikipedia contributors
1.4 The Wikimedia Foundation
For more, Visit: http://en.wikipedia.org/wiki/Wikipedia:About
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.
Job Alerts and Blog RoundUp
Adventity openings for Financial Analyst
Opportunities available at present are listed below: 1)Credit Research (Job Ref: Credit)2)Equity Research (Job Ref: Equity)3)Private Equity (Job Ref: PE)4)Investment Banking (Job Ref: IB)5)Project Manager - Analytics (Job Ref: PM)To apply for the above positions, please send your one-page CV to careers@adventity.com with the relevant Job Ref mentioned in the subject line.
For more details visit:http://www.adventity.com/submitresume.htm
------------------------------------------------------------------------------------------
Greaves Cotton Ltd-Undervalued Stock Pick
Company:Greaves Cotton LtdIndustry:Engines CMP:322.70 PE Ratio:12.89Recommendation:Performer
3 New Sector IPO's to watch out for
Edelweiss Capital IPO Analysis
Company:Edelweiss Capital (ECL) Industry:Financial ServicesIssue Date:The issue will open on November 15, 2007, and will close on November 20 2007.Price Band:Rs 725 and Rs 825 per equity share of face value Rs 5.Recommendation:Apply
------------------------------------------------------------------------------------------
IVRCL Infrastructure acquires Alkor Petroo
Jindal Steel Stock Split
Renaissance Jewellery Limited IPO : Renaissance IPO opens on 19th
Jyothy Laboratories Limited IPO : Jyothy Labs IPO details
Reliance Footprint : Reliance Retail launches Reliance Footprint
Kaushalya Infrastructure IPO to open on 20th November
Archidply IPO : Archidply Industries files DRHP with SEBI
NTPC crosses 2 trillion market capitalisation
Kolte Patil IPO - Kolte Patil Developers Limited IPO opens on Nov 19th
Burnpur Cement IPO opens on November 28th
Open Offer for Avon Organics at Rs 20
Swasti Vinayaka Board to consider interim dividend
Himalya International to enter domestic market through Reliance Retail
Vigilance Awareness Week at Gail India
iGate Global to terminate JV with Software AG (India) Pvt Ltd
PG Foils to expand capacity to 12200 MT
Insul Electronics to consider JV with Ajay Piramal Group for Realty Business
Bombay Rayon signs MOU with Maharashtra Government
Bliss GVS Pharma receives order of Rs 25 crores
Polaris Software launches Intellect 787, the Next-Generation Retail Banking Platform
McNally Bharat receives order from Maharashtra State Power Generation Co Ltd
GE Shipping delivers its single hull Aframax tanker to buyers
IFB Agro Commences production of Grain Spirit
Usha Martin increases outlay for optimizing mineral resources
Reliance Energy allotted coal blocks in Orissa
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Greaves Cotton Ltd-Undervalued Stock Pick
Company:Greaves Cotton LtdIndustry:Engines CMP:322.70 PE Ratio:12.89Recommendation:Performer
3 New Sector IPO's to watch out for
Edelweiss Capital IPO Analysis
Company:Edelweiss Capital (ECL) Industry:Financial ServicesIssue Date:The issue will open on November 15, 2007, and will close on November 20 2007.Price Band:Rs 725 and Rs 825 per equity share of face value Rs 5.Recommendation:Apply
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IVRCL Infrastructure acquires Alkor Petroo
Jindal Steel Stock Split
Renaissance Jewellery Limited IPO : Renaissance IPO opens on 19th
Jyothy Laboratories Limited IPO : Jyothy Labs IPO details
Reliance Footprint : Reliance Retail launches Reliance Footprint
Kaushalya Infrastructure IPO to open on 20th November
Archidply IPO : Archidply Industries files DRHP with SEBI
NTPC crosses 2 trillion market capitalisation
Kolte Patil IPO - Kolte Patil Developers Limited IPO opens on Nov 19th
Burnpur Cement IPO opens on November 28th
Open Offer for Avon Organics at Rs 20
Swasti Vinayaka Board to consider interim dividend
Himalya International to enter domestic market through Reliance Retail
Vigilance Awareness Week at Gail India
iGate Global to terminate JV with Software AG (India) Pvt Ltd
PG Foils to expand capacity to 12200 MT
Insul Electronics to consider JV with Ajay Piramal Group for Realty Business
Bombay Rayon signs MOU with Maharashtra Government
Bliss GVS Pharma receives order of Rs 25 crores
Polaris Software launches Intellect 787, the Next-Generation Retail Banking Platform
McNally Bharat receives order from Maharashtra State Power Generation Co Ltd
GE Shipping delivers its single hull Aframax tanker to buyers
IFB Agro Commences production of Grain Spirit
Usha Martin increases outlay for optimizing mineral resources
Reliance Energy allotted coal blocks in Orissa
We thank (will be grateful to) the owners of the above articles/sites/sources/Govts www.kpowave.blogspot.com and that authors other blogs and www.equitybulls.com www.bullishindian.com www.bsensedaily.com and for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Request viewers to make verification about the information and take own risk/decision in stock buying. Blog is not responsible for any faulty information.
Other Business Stories, International News
Myiris.Com
Calsoft to buy 100% stake in International Innovations
Bank of Japan keeps interest rate unchanged at 5%
Brokers` Outlook: Upward trend to continue in market
Usha Martin to enhance captive power capacity
CRISIL assigns `IPO grade 4/5` to Edelweiss Capital`s IPO
RIL inks PSA for offshore block in Oman
ADAG to foray into TV broadcasting biz
Gulf Oil buys Saudi`s largest lubricant co.
Havells India enters healthcare space
REL plans to infuse Rs 40.66 bn in Orissa
LiveMint.Com
Jindal Stainless in JV with 3 firms for coal mining
India Today group to launch tabloid in partnership with Daily Mail
New drug-resistant TB strain poses threat to India
Wockhardt plans 14 new hospitals, to invest up to Rs600 cr
Oil ministry looks at ways to compensate PSU oil companies
Panoramic Universal acquires stake in Hi-Flyers
India loses ad revenue to S’pore, China : Assocham
Hyderabad to host air show in 2008
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China's Wuhan Steel to buy $1.1 bn assets from parent
IBM to buy Cognos for $5 billion
Wall Street in no mood to call off party despite $84-bn write-down
High costs make hybrid trucks a slow starter
US consumer satisfaction dipped in 3rd qtr: Survey
World Bank mulls NRS 1,600 crore aid for Nepal
Airbus wins Oman Air order for 5 A330s
Vodafone expects South African clarity in two months
Microsoft in talks to buy Musiwave
Apple, China Mobile in talks to bring iPhone to China
Goldman Sachs gets approval for stake in Chinese tool maker
Vodafone revenue up on Indian business
E*Trade shares sink 59%
Funny money on Wall St.
Yahoo expands mobile search in Asia
China's inflation rate hits 11-year high
Retail earnings in focus
Wal-Mart cautious on holiday earnings
Oil prices slip
$8 billion in gift cards went unclaimed in 2006
Wall Street on economic, credit watch
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.
Calsoft to buy 100% stake in International Innovations
Bank of Japan keeps interest rate unchanged at 5%
Brokers` Outlook: Upward trend to continue in market
Usha Martin to enhance captive power capacity
CRISIL assigns `IPO grade 4/5` to Edelweiss Capital`s IPO
RIL inks PSA for offshore block in Oman
ADAG to foray into TV broadcasting biz
Gulf Oil buys Saudi`s largest lubricant co.
Havells India enters healthcare space
REL plans to infuse Rs 40.66 bn in Orissa
LiveMint.Com
Jindal Stainless in JV with 3 firms for coal mining
India Today group to launch tabloid in partnership with Daily Mail
New drug-resistant TB strain poses threat to India
Wockhardt plans 14 new hospitals, to invest up to Rs600 cr
Oil ministry looks at ways to compensate PSU oil companies
Panoramic Universal acquires stake in Hi-Flyers
India loses ad revenue to S’pore, China : Assocham
Hyderabad to host air show in 2008
International News
CNNMoney.Com and The Economic Times.Com
China's Wuhan Steel to buy $1.1 bn assets from parent
IBM to buy Cognos for $5 billion
Wall Street in no mood to call off party despite $84-bn write-down
High costs make hybrid trucks a slow starter
US consumer satisfaction dipped in 3rd qtr: Survey
World Bank mulls NRS 1,600 crore aid for Nepal
Airbus wins Oman Air order for 5 A330s
Vodafone expects South African clarity in two months
Microsoft in talks to buy Musiwave
Apple, China Mobile in talks to bring iPhone to China
Goldman Sachs gets approval for stake in Chinese tool maker
Vodafone revenue up on Indian business
E*Trade shares sink 59%
Funny money on Wall St.
Yahoo expands mobile search in Asia
China's inflation rate hits 11-year high
Retail earnings in focus
Wal-Mart cautious on holiday earnings
Oil prices slip
$8 billion in gift cards went unclaimed in 2006
Wall Street on economic, credit watch
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.
Labels:
International News,
Other Business Stories
Corporate Stories
EconomicTimes.Com
Sensex ends 300 pts up as investors cheer Left statement on n-deal
Rupee ends weak at 39.42/43 vs dollar
Gold records biggest one-day fall in 20 months
IDBI cuts rates on some term deposits, realigns others
DoT may issue Letter of Intent to all telecom applicants
No new controls on capital inflows:FM
Petroleum Ministry to consider rationalising ATF prices
REL raises Rs 507 crore upon conversion of FCCBs into equity [
Vodafone revenue climbs on Indian business
Coal Ministry likely to allocate 23 coal blocks next month
Texmaco forms JV with Aussie firm
Jyothy Labs sets Rs 620-690 per share IPO price band
Pratibha Ind group co get 413.5 mn rupees order
FMC seeks lifting ban on futures trade in four commodities
IIP slowdown: Chambers ask for policy revision
Tata, Reliance among 13 cos in race for Tilaiya project [
Four bid for stake in Kenya state-run telcom firm
Faze Three acquires 76 pc stake in German firm
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Adobe appoints Shantanu Narayen as its new president
M&As, PE deals total $63.5 billion till Oct
$6.5 bn investment in pipeline for medical tourism industry
After Malar, Fortis eyes Chennai's Lifeline
PEs to take a sip of Cafe Coffee Day for $95 mn
RBI in talks over FX funds for projects: Govt
RBI okays $5-bn forex reserves for infrastructure
Century Extrusions hits 20% circuit, up 60% in 7 days
Venture capital funds face realty check
Tata supercomputer named fastest in Asia, 4th in world
Google offers $10 mn in prizes for new cell phone software
Moneycontrol.Com
Left softens stance on nuke deal; gives nod for IAEA meet
Steel prices may go up: Bhushan Steel
Bombay Rayon likely to invest 1100 cr, stock surges
Gati Corp to foary into aircargo, stk at new high
Revision in free-float adjustment factors of BSE Index
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Crude prices drop below $95/bbl
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Bongaigaon Refineries has target of Rs 120: Mohindar
BoB, Italy-based Pioneer tie-up for AMC biz
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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.
Sensex ends 300 pts up as investors cheer Left statement on n-deal
Rupee ends weak at 39.42/43 vs dollar
Gold records biggest one-day fall in 20 months
IDBI cuts rates on some term deposits, realigns others
DoT may issue Letter of Intent to all telecom applicants
No new controls on capital inflows:FM
Petroleum Ministry to consider rationalising ATF prices
REL raises Rs 507 crore upon conversion of FCCBs into equity [
Vodafone revenue climbs on Indian business
Coal Ministry likely to allocate 23 coal blocks next month
Texmaco forms JV with Aussie firm
Jyothy Labs sets Rs 620-690 per share IPO price band
Pratibha Ind group co get 413.5 mn rupees order
FMC seeks lifting ban on futures trade in four commodities
IIP slowdown: Chambers ask for policy revision
Tata, Reliance among 13 cos in race for Tilaiya project [
Four bid for stake in Kenya state-run telcom firm
Faze Three acquires 76 pc stake in German firm
Microsoft elbows out Infosys as best company to work in India
Adobe appoints Shantanu Narayen as its new president
M&As, PE deals total $63.5 billion till Oct
$6.5 bn investment in pipeline for medical tourism industry
After Malar, Fortis eyes Chennai's Lifeline
PEs to take a sip of Cafe Coffee Day for $95 mn
RBI in talks over FX funds for projects: Govt
RBI okays $5-bn forex reserves for infrastructure
Century Extrusions hits 20% circuit, up 60% in 7 days
Venture capital funds face realty check
Tata supercomputer named fastest in Asia, 4th in world
Google offers $10 mn in prizes for new cell phone software
Moneycontrol.Com
Left softens stance on nuke deal; gives nod for IAEA meet
Steel prices may go up: Bhushan Steel
Bombay Rayon likely to invest 1100 cr, stock surges
Gati Corp to foary into aircargo, stk at new high
Revision in free-float adjustment factors of BSE Index
Mkts to remain volatile in November: Experts
Crude prices drop below $95/bbl
Petronet LNG a good buy: PN Vijay
Birla Power Vs Honda SIEL: Whom should you bet on?
Bongaigaon Refineries has target of Rs 120: Mohindar
BoB, Italy-based Pioneer tie-up for AMC biz
REC World Headquarters building at Gurgaon
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.
India's 40 Largest Companies: Forbes, USA
India's 40 Largest Companies
Forbes, USA
Mumbai, India -
Around the start of every winter, Indians worship the goddess of wealth, Lakshmi, as part of their biggest festival, Diwali. This year, some of the companies on our India 40 list had plenty of reason to celebrate, with their market capitalization as much as tripling in a stellar bull run. Infrastructure, energy and banking companies dominated the rankings, as demand boomed in these sectors.
India's largest company by market value and our list-topper Reliance Industries saw its market capitalization go from $30.7 billion since the last list to $91.54 billion this year. The company run by billionaire Mukesh Ambani had a more modest rise in assets, from $21.70 billion to $30.67 billion. Oil and Natural Gas Corp.--at second spot--saw market capitalization nearly double to $61.81 billion from $31.4 billion. But its assets rose faster, from $18.6 billion to $33.7 billion.
India's benchmark Sensitive Index (Sensex) has gained 41% this year, as foreign investors pumped around $17 billion into the markets. Domestic companies are seeing strong growth as a rapidly expanding middle class fuels demand for consumer goods and takes bank loans to invest in homes and vehicles. This year, 13 banks made the list, with State Bank of India topping the sector rankings at No. 3. The country's largest private lender, ICICI Bank (nyse: IBN - news - people ), came in a close second at No. 5, up one spot from last year. Others on the list included HDFC Bank (nyse: HDB - news - people ), Canara Bank and Bank of Baroda.
In Pictures: India's 40 Largest Companies
Infrastructure companies also fared well, powered by an increase in state spending on roads, ports and airports as well as rising construction demand for homes and businesses. The government estimates it will need close to $500 billion over the next five years to ramp up infrastructure, a key roadblock to the growth of the economy, which rose 9.4% for the year ending on March 31.
Larsen and Toubro, India's largest engineering company, which won a $1.4 billion contract this month to modernize an overcrowded airport in Mumbai, came in at No. 15, a seven-point jump from last year. Capital goods business Bharat Heavy Electricals gained 10 spots to No. 13. India's largest real estate developer by value, DLF, was a new entrant, at No. 26. The New Delhi-based company raised a record $2.5 billion in an initial public offering in June. Real estate business Unitech is another newbie, at No. 36. Construction company Grasim Industries moved up seven spots to No. 27.
Another sector that grew at a gallop this year was telecom. India is now the world's fastest-growing telecom market, adding around 7 million subscribers every month. Market leader Bharti Airtel was at No. 9 on the list, up two spots from last year. New entrant Reliance Communications was at No. 10. Both firms are investing billions of dollars to expand networks, especially in untapped rural areas.
Software services companies, for several quarters the darlings of domestic investors as outsourcing from the West multiplied their profits, lost a little shimmer this year. A rupee that appreciated around 12% against the U.S. dollar since January cut into revenues from their main market of North America. Rising wages and high attrition costs compounded the woes.
India's largest software services company, Tata Consultancy Services (other-otc: TACSF - news - people ), fell two spots to No. 11. Wipro (nyse: WIT - news - people ) came in at No. 16, compared with its No. 12 ranking last year. But Bangalore-based Infosys Technologies (nasdaq: INFY - news - people ) managed to hold its own, gaining one spot to No. 14 on the list.
Another casualty of the rupee's appreciation: Adani Exports, No. 37 last year, fell off this year's list, replaced by newcomer Central Bank of India.
Automobile companies haven't had a stellar year either. The central bank's tightening monetary policy prompted banks to increase interest rates, cutting into the markets for heavy commercial vehicles (between eight and 35 tons) and passenger cars that are financed mainly by loans.
Bajaj Auto dropped off this year's list, while India's largest carmaker Maruti Udyog fell one spot to 31. Tata Motors (nyse: TTM - news - people ), which controls 65% of the commercial vehicle market, was at No. 22, compared with its ranking at No. 10 last time. Truck maker Mahindra and Mahindra fell five spots to No. 33.
Despite the sector setbacks, this year's India 40 list tells the story of a flourishing economy consolidating its position on the global map. And with a domestic market place of a billion-plus people, 60% of them under 30 years old, the boom is unlikely to falter anytime soon.
We ranked the 40 largest companies headquartered out of India using Thomson Financial's Worldscope database. They were judged on sales, profits, net assets and market value--each metric equally weighted. We excluded publicly traded subsidiaries with greater than 50% ownership of company stock and/or figures consolidated by the parent company from the rankings.
In Pictures: India's 40 Largest Companies
We thank (will be grateful to) the owners of the above articles/sites/sources/Govts www.forbes.com for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers.
Forbes, USA
Mumbai, India -
Around the start of every winter, Indians worship the goddess of wealth, Lakshmi, as part of their biggest festival, Diwali. This year, some of the companies on our India 40 list had plenty of reason to celebrate, with their market capitalization as much as tripling in a stellar bull run. Infrastructure, energy and banking companies dominated the rankings, as demand boomed in these sectors.
India's largest company by market value and our list-topper Reliance Industries saw its market capitalization go from $30.7 billion since the last list to $91.54 billion this year. The company run by billionaire Mukesh Ambani had a more modest rise in assets, from $21.70 billion to $30.67 billion. Oil and Natural Gas Corp.--at second spot--saw market capitalization nearly double to $61.81 billion from $31.4 billion. But its assets rose faster, from $18.6 billion to $33.7 billion.
India's benchmark Sensitive Index (Sensex) has gained 41% this year, as foreign investors pumped around $17 billion into the markets. Domestic companies are seeing strong growth as a rapidly expanding middle class fuels demand for consumer goods and takes bank loans to invest in homes and vehicles. This year, 13 banks made the list, with State Bank of India topping the sector rankings at No. 3. The country's largest private lender, ICICI Bank (nyse: IBN - news - people ), came in a close second at No. 5, up one spot from last year. Others on the list included HDFC Bank (nyse: HDB - news - people ), Canara Bank and Bank of Baroda.
In Pictures: India's 40 Largest Companies
Infrastructure companies also fared well, powered by an increase in state spending on roads, ports and airports as well as rising construction demand for homes and businesses. The government estimates it will need close to $500 billion over the next five years to ramp up infrastructure, a key roadblock to the growth of the economy, which rose 9.4% for the year ending on March 31.
Larsen and Toubro, India's largest engineering company, which won a $1.4 billion contract this month to modernize an overcrowded airport in Mumbai, came in at No. 15, a seven-point jump from last year. Capital goods business Bharat Heavy Electricals gained 10 spots to No. 13. India's largest real estate developer by value, DLF, was a new entrant, at No. 26. The New Delhi-based company raised a record $2.5 billion in an initial public offering in June. Real estate business Unitech is another newbie, at No. 36. Construction company Grasim Industries moved up seven spots to No. 27.
Another sector that grew at a gallop this year was telecom. India is now the world's fastest-growing telecom market, adding around 7 million subscribers every month. Market leader Bharti Airtel was at No. 9 on the list, up two spots from last year. New entrant Reliance Communications was at No. 10. Both firms are investing billions of dollars to expand networks, especially in untapped rural areas.
Software services companies, for several quarters the darlings of domestic investors as outsourcing from the West multiplied their profits, lost a little shimmer this year. A rupee that appreciated around 12% against the U.S. dollar since January cut into revenues from their main market of North America. Rising wages and high attrition costs compounded the woes.
India's largest software services company, Tata Consultancy Services (other-otc: TACSF - news - people ), fell two spots to No. 11. Wipro (nyse: WIT - news - people ) came in at No. 16, compared with its No. 12 ranking last year. But Bangalore-based Infosys Technologies (nasdaq: INFY - news - people ) managed to hold its own, gaining one spot to No. 14 on the list.
Another casualty of the rupee's appreciation: Adani Exports, No. 37 last year, fell off this year's list, replaced by newcomer Central Bank of India.
Automobile companies haven't had a stellar year either. The central bank's tightening monetary policy prompted banks to increase interest rates, cutting into the markets for heavy commercial vehicles (between eight and 35 tons) and passenger cars that are financed mainly by loans.
Bajaj Auto dropped off this year's list, while India's largest carmaker Maruti Udyog fell one spot to 31. Tata Motors (nyse: TTM - news - people ), which controls 65% of the commercial vehicle market, was at No. 22, compared with its ranking at No. 10 last time. Truck maker Mahindra and Mahindra fell five spots to No. 33.
Despite the sector setbacks, this year's India 40 list tells the story of a flourishing economy consolidating its position on the global map. And with a domestic market place of a billion-plus people, 60% of them under 30 years old, the boom is unlikely to falter anytime soon.
We ranked the 40 largest companies headquartered out of India using Thomson Financial's Worldscope database. They were judged on sales, profits, net assets and market value--each metric equally weighted. We excluded publicly traded subsidiaries with greater than 50% ownership of company stock and/or figures consolidated by the parent company from the rankings.
In Pictures: India's 40 Largest Companies
We thank (will be grateful to) the owners of the above articles/sites/sources/Govts www.forbes.com for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers.
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India's 40 Largest Companies: Forbes,
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