19 November 2007

ET Headlines

Economic Times Headlines

Indian employees are highest tax payers in Asia: Report
Booming Bollywood providing business opportunities
Carbon trade may prove another IT sector for India: World Bank
Mid-cap scene likely to heat up
ArcelorMittal to hike flat steel prices

NIIT ties up with Oriental Bank of Commerce
Applied Materials to buy Baccini for $330 million
ABB completes sale of Lummus for $950 million
India Cements to raise up to $150 mn
Flickr to map the world's latest photo hotspots

Soros picks 1.4 mn shares in floriculture comp
RTS Power bags Rs 52.67 cr order for transformers & cables
Singapore, Gulf funds eye 5% in Reliance Power
L&T secures Rs 275 cr DMRC order in JV with Shanghai co
Wanted: Housewives for banking, IT, retail jobs

Marks & Spencer, to set up own India shop
Nahar Retail to invest Rs 430 cr in expansion
Airtel changes name of broadband & telephone services unit
Railways planning to tap windmill energy in TN
Global investors turn bearish on India, China funds

Asian Oilfield up 4% on Oil India order
Persistent Systems to tap market to fund expansions
Pre-IPO premiums zoom as punters play hard
Indian blue chips create 3 times more wealth than US firms
IPO watch: Kaushalya Infrastructure, Renaissance Jewellery, Kolte Patil Developers, Jyothy Lab

Unlisted cos will soon have a platform to trade their scrips
Unitech enters Mumbai property mkt, to invest Rs 4,000 cr



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. Blog is not responsible for any faulty information. Viewers are advised to take own decision in stock buying.

Articles from MoneyControl, Rediff, Myiris.Com

Rediff.com

Sabeer Bhatia on the success of innovation
10 stocks that can earn great returns
Over 50% MFs are underperformers
Unitech: Big plans in Mumbai
Sebi wants IPO norms review
Brokers lure NRIs to stock markets
Deutsche MF files an offer document
UTI MF likely to join hands with Societe Generale

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MoneyControl.com

Nicholas Piramal signs deal with Merck
Karnataka govt falls after 7 days in power
Midcaps are the way to go, feel experts
Do you have these stocks in your portfolio?
Key Indian sectors to slow down within 1 yr: Tata MF

Bag these future outperformers
Pratibha Industries can give 50% return: Shenoy
I-T Dept issues notice to Tata on AT&T-Tata deal
Meghmani Organics sees turnover at Rs 1,000cr within 3 yrs

DLF gets Rs 1675cr PE investment for housing projects
Lanco, GMR Energy Ltd allotted coal blocks
Plethico Pharma acquires US-based Natrol
Suzlon signs new Australian orders
New record for IIM-B, 2009 batch placed in just 4 days

MindTree ranked No 1 Most Admired Knowledge Enterprise
SBI right issue likely to hit mkt by February

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Myiris.Com

Direct tax collections grow over 42.9% Apr.1 - Nov.15
Info Drive inks pact to buy 51% stake in Precision Infomatic
RBI and 974 branches of banks to accept advance Income Tax
Brokers Outlook: Positive momentum expected on Tuesday

Edelweiss Capital IPO subscribed 13.79 times on penultimate day
Balrampur Chini swings to loss for Sep `07 qtr
NAVs of equity diversified funds gain 4.43% during Nov 12-16
JP Morgan to launch India GEM Fund

Maharashtra receives Rs 720 bn worth investment proposals
Pratibha Industries secures contract worth Rs 494.9 mn
Educomp to set up 150 schools
Hinduja Group acquires Saudi Arabia`s Petromin
NALCO to build 1,000 acre aluminium park



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. Blog is not responsible for any faulty information. Viewers are advised to take own decision in stock buying.

Around the Blogs and sites

Bsensedaily.com

Empee Distilleries IPO Allotment is ready
Indian IPOs Grey Market Premiums on 17-11-07
Religare IPO Listing date is November 21, 2007
Essar Steel Delisting : Buy back price fixed at Rs 48 per share

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http://freestocktips-2007.blogspot.com/

Gujarat Narmada Valley-Multibagger Stock Pick
Company:Gujarat Narmada Valley Fertilisers Company Ltd.Industry:Fertilisers - Nitrogenous/Phosphate
Recommendation:Outperformer
Investment Horizon:Long term.

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Equitybulls.Com

Open Offer for DCM Shriram Industries Ltd at Rs 70
Prakash Industries allotted coal block in Chhattisgarh
Mukta Arts closes deal with Eros Multimedia
Bank of Baroda, Andhra Bank &" Legal & General Group plc, UK" sings MOU for Life Insurance Business JV
Essar Oil to increase Vadinar Refinery capacity to 34 million tonnes

Jindal Photo to get Coal Mines in Orissa
Religare Enterprises Ltd to list on November 21, 2007

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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. Blog is not responsible for any faulty information. Viewers are advised to take own decision in stock buying.

VC Updates from VCCircle.Com, Indiape.Com

Vccircle.Com

DLF Raises $424 Million From Merrill Lynch, Brahma Investments
WPP Digital Announces Acquisition Of 75% In Quasar
US Private Equity Firm Buys 5% In Central Securities Depository Ltd

Dubai-based Baer Capital Plans $500M-Infra And Real Estate Fund
Acme Tele Raises $150-200 Million In Pre-IPO Placement From Capital, Bhartia
ICICI Venture May Invest $800 Million in Jaypee Infratech

VC Circle Forum On Nov 30 In Bangalore; Registration Closed
Foreign Law Firms May Come In Phases
Karvy Raises Rs 500 Cr From ICICI Venture, Baring Asia; Valued Between Rs 1,800-Rs 2,400 Cr

ICICI Venture Reportedly Looking At Shalimar Paints
UTI Ventures Invests Rs 32 Crore In Waste Management Firm PESCO BEAM


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IndiaPe.com

Merrill Lynch bought stake in seven real estate projects
Gitanjali buys US-based Rogers for $18.5 mn
WPP Digital acquires 75% stake of Quasar

Argonaut to invest Rs 30 cr in Vallabhdas Kanji
Capital Partners to pick up stake in Acme Telepower
ICICI arm plans Jaypee stake buy

Plethico Pharma to acquire Natrol
PEs queue up to check into hospitality sector
Singapore, Gulf funds eye 5% in Reliance Power

SAIF Partners may invest Rs 100 cr in Anupam Group
Knight Frank to launch $250 million India-focused real estate fund
Baer Capital Plans $500 Million Fund for India

Carlsberg buys 60% of Parag
PEs set to bring in $48 billion by 2010
GTL acquires Malaysia network firm for $25 mn



Source: www.vccircle.com and www.indiape.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. Blog is not responsible for any faulty information.

Sensex loses 65 pts at close : Sify.Com


Index Last Price Change %Change
Nifty 5907.65 0.80 0.01
Sensex 19633.36 -65.00 -0.33

After a buoyant start this morning, the Sensex pared its gains and moved in a tight band till a little past mid-afternoon as participants appeared highly reluctant to hold positions at higher levels. And then, during the final hour of trade, a few blue chips stocks, including some heavyweights, drifted to lower levels and pushed the barometer down to a negative close.
Lack of triggers and weak Asian and European markets rendered price movements extremely sluggish in afternoon trades today.

The Sensex, which looked well poised to breach the 20,000 mark again as it spurted to 19,971.44 after opening with a positive gap of nearly 200 points, ended the session with a loss of 65 points or 0.33% at 19,633.36. The Nifty ended with a slender gain of 0.80 points at 5907.65. In intra-day trades today, it touched a high of 5981.80 and a low of 5893.80.

Among the sectoral indices, the Consumer Durables index moved up by 3.04%. The Auto and Realty indices ended stronger by 2.45% and 2.15% respectively. The Healthcare index surged 1.66% and the Power index climbed up 1.33%. BSE Metal closed nearly a per cent up while the Capital Goods index ended 0.79% up.

ITC, the most prominent loser from the Sensex today, closed lower by 3.1%. ICICI Bank, HDFC Bank and State Bank of India, the banking sector heavyweights, lost 2.65%, 1.85% and 0.85% respectively.

Satyam Computer Services eased by 1.35%. Heavyweight stock Reliance Industries slipped by 0.8%. Bharti Airtel lost a little over half a per cent. Infosys Technologies, HDFC, Wipro, Larsen & Toubro and BHEL closed with marginal losses.

Nirma zoomed 27.5% to Rs 211.50. Apollo Tyres gained nearly 20%. Essel Propack vaulted 16.4%. Vijaya Bank, Dabur India, Escorts, Jaiprakash Associates, Birla Corporation, TVS Motor, Exide Industries, Alok Industries and FDC moved up by 11% - 14% today.

For more details, Visit: Sensex loses 65 pts at close

Investment banks top recruiters at IIMA
Chemplast's zero liquid discharge project
Reliance fund: A healthy mix of returns, risk
L&T’s JV bags $70 m order
Gitanjali Gems buys Rogers

SBI to launch gold ETF in 2008
DLF to invest Rs 4,000 cr for building conventional centre
Essar Oil advances on refinery plan, GDS
Suzlon Energy gets two orders in Australia
Franklin Templeton picks stake in Gremach Infra

More articles from www.sify.com/finance



Source: www.sify.com/finance.....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. Blog is not responsible for any faulty information.

Corporate/Personailty of the Day

Bharat Sanchar Nigam Limited

Bharat Sanchar Nigam Limited (known as BSNL, India Communications Corporation Limited) is a public sector communications company in India. It is the largest telecommunication company in India and the sixth largest in the world [citation needed]. Its headquarters are at Bharat Sanchar Bhawan, Harish Chandra Mathur Lane, Janpath, New Delhi. It has the status of Mini-ratana - a status assigned to reputed Public Sector companies in India.

For more: http://en.wikipedia.org/wiki/Bharat_Sanchar_Nigam_Limited



Source: http://en.wikipedia.org/wiki/Bharat_Sanchar_Nigam_Limited
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. Blog is not responsible for any faulty information.

18 November 2007

MoneyToday Stories/Articles

Invest smart and stay happy
When you are investing in a stock, you are investing in a business. Investors from across the country tell you how to build wealth through stock investing and what to do during volatility.

The invisible hole

Infrastructure stocks on a high
Here we take a look at how different stocks have been performing over different time periods and which ones are worth investing in. Take a look.

Zooming in on success
Rajshree Kukreti
When his first venture failed, Soumo Ganguly saw opportunity in making films for corporates. Today he runs a media company that is likely to touch a turnover of Rs 10 crore.

Profit booking: when & how much
Dipen Sheth
Averaging out your selling reduces the risk that randomly fluctuating markets impose on your profits. Ditto for buying. Unless you are sure, don't buy your entire quota of stocks in one day.

Ringing in growth
Emkay Research is very bullish about the prospects of the Indian mobile telephony sector.

Balanced funds fading out
Balanced funds are out of favour, understandably so with markets doing well and most investors seeking maximum equity exposure in their portfolios.


For detailed, Pls visit: http://moneytoday.digitaltoday.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.

About: Venture Capital, Sequoia Capital

Venture capital

Venture capital is a type of private equity capital typically provided by professional, outside investors to new, growth businesses. Generally made as cash in exchange for shares in the investee company, venture capital investments are usually high risk, but offer the potential for above-average returns. A venture capitalist (VC) is a person who makes such investments. A venture capital fund is a pooled investment vehicle (often a limited partnership) that primarily invests the financial capital of third-party investors in enterprises that are too risky for the standard capital markets or bank loans. Venture capital can also include managerial and technical expertise. Most venture capital comes from a group of wealthy investors, investment banks and other financial institutions that pool such investments or partnerships. This form of raising capital is popular among new companies, or ventures, with limited operating history, who cannot raise funds through a debt issue. The downside for entrepreneurs is that venture capitalists usually get a say in company decisions, in addition to a portion of the equity.

For more: http://en.wikipedia.org/wiki/Venture_Capital


Sequoia Capital

Sequoia Capital is a venture capital firm founded by Don Valentine in 1972. The firm's partners include Don Valentine, Pierre Lamond, Michael Moritz, Doug Leone, Mike Goguen, Mark Stevens, Jim Goetz, Sameer Gandhi, Roelof Botha, and Mark Kvamme. Jason Calacanis has had, as of 5 December, 2005, a position as an EIA (Entrepreneur in Action) at Sequoia

For more: http://en.wikipedia.org/wiki/Sequoia_Capital




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Coolavenues Alerts

Marketing/Sales

17 November 2007 - Regional Sales Manager (North India) An Information Technology & Consumer Electronics Reseller
17 November 2007 - Assistant Manager / Senior Executive - Media Research & Planning One of the Largest Electronic Channels in India
15 November 2007 - Manager - Research A Market Leader in Confectionary
6 November 2007 - Opening in Market Research & Analytics One of the Fortune 500 Company - A Leading Pharma MNC


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Finance Jobs

17 November 2007 - Executive - Statutory Audit A Global Leader in Professional Services
17 November 2007 - CFO A Leading Fortune 500 Financial Company
15 November 2007 - Fund Manager A Fortune 100 Global Investment Giant
15 November 2007 - Chief Executive Officer (CEO) A Global Micro Finance Company
13 November 2007 - General Manager / Vice President - Capital Services Wipro BPO
13 November 2007 - Equity Research Analyst One of the Leading Name in Financial Services & Investment Banking Domain
13 November 2007 - Trainee Analyst / Junior Analyst A Leading BPO
13 November 2007 - CRO - Chief Risk Officer A Global Micro Finance Company
13 November 2007 - Manager / Sr. Manager / VP - Mergers & Acquisitions Fortune 100 MNC in Corporate Advisory Services


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Genereal Mgmt

17 November 2007 - Assistant Manager / Senior Executive - Media Research & Planning One of the Largest Electronic Channels in India
15 November 2007 - Chief Executive Officer (CEO) A Global Micro Finance Company
15 November 2007 - Manager - Research A Market Leader in Confectionary
13 November 2007 - General Manager / Vice President - Capital Services Wipro BPO
13 November 2007 - Trainee Analyst / Junior Analyst A Leading BPO
8 November 2007 - Research Analyst - Telecom One of the Most Reputated Management Consulting Company
6 November 2007 - Opening in Legal Division One of the Fortune 500 Company - A Leading Pharma MNC

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We thank (will be grateful to) the owners of the above articles/sites/sources/Govts www.coolavenues.com for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers.