Mundra Port to list on bourses
Adani group-promoted Mundra Port and Special Economic Zone Ltd (MPSEZL) will list its equity shares on bourses on Tuesday. The initial public offer (IPO) of the company received robust response from investors and the issue was subscribed over 115 times.
The company had come out with an issue of 4.02 crore shares and the issue price of the shares was fixed at Rs 440. MPSEZL is the first company from SEZ and port sector to hit the capital market. The proceeds of the issue would be utilised for further development of Mundra port and SEZ.
The company is planning to raise about Rs 1,700 crore to part-fund the construction and development of basic infrastructure and allied facilities in the proposed SEZ and construction and development of south basin terminal for coal and other cargo at Mundra Port, among others. Proceeds of the IPO would also be utilised in part- funding Adani Petronet (Dahej) Port Pvt Ltd, Adani Logistic Ltd and investments in Inland Container Pvt Ltd. MPSEZL, the developer and operator of Mundra Port located in Kutch district of Gujarat, is primarily engaged in providing bulk cargo services, container cargo, crude oil cargo and value-added port services, including railway services between Mundra Port and Adipur.
Related articles :
Mundra will see Rs 1000 + on listing: Experts
Sebi denies permission to Mundra Port to trade in F&O
Mundra Port does not look expensive
Source: http://www.theeconomictimes.com and www.moneycontrol.com. Wethank (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.
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.
26 November 2007
Stories from Myiris.Com, MoneyControl.Com
Myiris.Com
NTPC board clears investments worth Rs 72.45 bn
SEL Manufacturing hikes stake in Kudu Industries
Refining capacity to rise 75%
Brokers` Outlook: Market to open with upward gap
RBI lays conditions on VC funds to disclose capital base
Bartronics bets high on Indian banking industry
Walchandnagar net up 2.18 times in Sep`07 qtr
Gitanjali Gems inks JV pact with Netherlands-based co.
Walchandnagar Industries board recommends bonus issue
Radha Madhav to allot shares on warrants conversion
Three Indian cos. in race for LaborMed
RIL, Essar` Jamnagar plants to be world`s largest refining hub
HDFC Life Insurance to go public
--------------------------------
Moneycontrol.Com
Sensex may not cross 20K levels in near term: Experts
Mundra will see Rs 1000+ on listing: Experts
Do you own these two hidden gems?
Will RPL stake sale benefit investors?
RIL’s stake sale in RPL to benefit F&O players
You are better off with midcaps!
Forex scam may hit Hexaware by $20-25 m
Jindal Steel heading to Bolivia?
Adhunik Metaliks hikes FII/NRI investment limit to 49%
Solid gains for Bhushan Steel
Empee Dist sees Sep'08 revs at Rs 1,150 cr
Shaw Wallace locked at 20% upper circuit
Expect 50% upside in Escorts: Rajen Shah
Jindal Stainless has target of Rs 250-260: Gujral
Stocks to watch: IndusInd Bk, Voltas
Neyveli Lignite has target of Rs 290: Gujral
Fed to cut rates by 25 bps in Dec: BNP Paribas
Agriculture will be one of the biggest themes soon: Experts
Stake sell in RPL is surprising
It's going to be great time for metal companies
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.
NTPC board clears investments worth Rs 72.45 bn
SEL Manufacturing hikes stake in Kudu Industries
Refining capacity to rise 75%
Brokers` Outlook: Market to open with upward gap
RBI lays conditions on VC funds to disclose capital base
Bartronics bets high on Indian banking industry
Walchandnagar net up 2.18 times in Sep`07 qtr
Gitanjali Gems inks JV pact with Netherlands-based co.
Walchandnagar Industries board recommends bonus issue
Radha Madhav to allot shares on warrants conversion
Three Indian cos. in race for LaborMed
RIL, Essar` Jamnagar plants to be world`s largest refining hub
HDFC Life Insurance to go public
--------------------------------
Moneycontrol.Com
Sensex may not cross 20K levels in near term: Experts
Mundra will see Rs 1000+ on listing: Experts
Do you own these two hidden gems?
Will RPL stake sale benefit investors?
RIL’s stake sale in RPL to benefit F&O players
You are better off with midcaps!
Forex scam may hit Hexaware by $20-25 m
Jindal Steel heading to Bolivia?
Adhunik Metaliks hikes FII/NRI investment limit to 49%
Solid gains for Bhushan Steel
Empee Dist sees Sep'08 revs at Rs 1,150 cr
Shaw Wallace locked at 20% upper circuit
Expect 50% upside in Escorts: Rajen Shah
Jindal Stainless has target of Rs 250-260: Gujral
Stocks to watch: IndusInd Bk, Voltas
Neyveli Lignite has target of Rs 290: Gujral
Fed to cut rates by 25 bps in Dec: BNP Paribas
Agriculture will be one of the biggest themes soon: Experts
Stake sell in RPL is surprising
It's going to be great time for metal companies
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.
Labels:
Moneycontrol.Com,
Stories from Myiris.Com
ET Headlines
Going global: Indian firms create jobs in US
Singapore firm to invest Rs 300 cr in India Infoline
Parsvnath Developers announce retail entry
Mundra Port to list on bourses
Empee Distilleries loses over 20%
ArcelorMittal eyes auto steel JV with China's Valin
Chevron says evaluating options on Reliance Petroleum
Sadbhav Engineering gets orders worth Rs 90 cr
DHL Express says to invest $175 mn in Shanghai hub
Future Group's logistics arm to invest Rs 400 cr
Cities best to earn a living are not the best to live: Survey
NTPC's project in Sri Lanka may begin early next year
Madurai-based trust chosen for national award
Syndicate Bank targets to double total business in North
India Info to sell 26% stake in arm for $100 mn
Lehman, IL&FS look to buy 10pc in Ramky arm
PE firms eye UTI AMC stake
25 foreign investors line up for UTI AMC stake
Celebrity tailor Daswani to set up shop in India
JSW Steel plans Rs 7500 cr investment in TN
Orchid Group to invest over Rs 1,000 cr on expansion
Carrefour may seal JV deal in India soon: Report
RCOM plans to sell 5% more in tower biz
Gulf Oil gets approval to build IT Park
Another roller-coaster week ahead for market
Foreign investors, Reliance Capital buy 15% in Nitco
Empee Distilleries lists at Rs 440
Indowind Energy shares charge ahead on European buy reports
Reliance Power to raise IPO face value to Rs 10
BGR Energy Systems IPO opens Dec 5; price band Rs 425-480
The 250-billion dollar question of Indiabs forex reserves
Emerging business houses give better returns
Phillips Carbon: Ideal for investors
Party continues for Religare Enterprises
Stocks you can pick up: Indian Hotels, Tata Motors, Rico Auto, Vijaya Bank
HPCL: Most undervalued of the three PSU oil marketing companies
Source: http://www.theeconomictimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Singapore firm to invest Rs 300 cr in India Infoline
Parsvnath Developers announce retail entry
Mundra Port to list on bourses
Empee Distilleries loses over 20%
ArcelorMittal eyes auto steel JV with China's Valin
Chevron says evaluating options on Reliance Petroleum
Sadbhav Engineering gets orders worth Rs 90 cr
DHL Express says to invest $175 mn in Shanghai hub
Future Group's logistics arm to invest Rs 400 cr
Cities best to earn a living are not the best to live: Survey
NTPC's project in Sri Lanka may begin early next year
Madurai-based trust chosen for national award
Syndicate Bank targets to double total business in North
India Info to sell 26% stake in arm for $100 mn
Lehman, IL&FS look to buy 10pc in Ramky arm
PE firms eye UTI AMC stake
25 foreign investors line up for UTI AMC stake
Celebrity tailor Daswani to set up shop in India
JSW Steel plans Rs 7500 cr investment in TN
Orchid Group to invest over Rs 1,000 cr on expansion
Carrefour may seal JV deal in India soon: Report
RCOM plans to sell 5% more in tower biz
Gulf Oil gets approval to build IT Park
Another roller-coaster week ahead for market
Foreign investors, Reliance Capital buy 15% in Nitco
Empee Distilleries lists at Rs 440
Indowind Energy shares charge ahead on European buy reports
Reliance Power to raise IPO face value to Rs 10
BGR Energy Systems IPO opens Dec 5; price band Rs 425-480
The 250-billion dollar question of Indiabs forex reserves
Emerging business houses give better returns
Phillips Carbon: Ideal for investors
Party continues for Religare Enterprises
Stocks you can pick up: Indian Hotels, Tata Motors, Rico Auto, Vijaya Bank
HPCL: Most undervalued of the three PSU oil marketing companies
Source: http://www.theeconomictimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Sensex up by 395 pts at close : Sify.Com
Bulls stay tuned again, lift Sensex up by 395 pts at close
The bulls continued from where they left last Friday and displayed their strength in no uncertain terms today. They did go in for a few breathers during the course of the session, but at no time the market was in danger of caving in. So buoyant was the mood right through the day that besides the benchmark indices Sensex and Nifty, all the sectoral indices too ended the day on a high note today.
Strong global markets, good participation by domestic mutual funds in recent sessions and short-covering ahead of expiry of November series derivatives contracts were the factors that kept the market entrenched high up in the positive territory till the end today.
While the Sensex, which opened with a positive gap of nearly 220 points at 19,171.25 and hit a high of 19,360.23 in intra-day trades, ended with a gain of 394.67 points or 2.09% at 19,247.54, the Nifty settled at 5731.70 with a gain of 2.19% or 123.10 points. In intra-day trades today, the Nifty touched a high of 5772.55.
Among the sectoral indices, the Metal index was the biggest gainer today. Mirroring strong gains posted by key metal stocks, it ended 5.61% up. The Realty barometer shot up by 3.05% while the Consumer Durables, Capital Goods, IT, Power and Teck indices surged 2% - 3%.
The Bankex firmed up by 1.7%. The FMCG (1.63%), Healthcare (1.4%), Oil & Gas (1.9%) and PSU (1.52%) also ended on a high note. The Auto index, which gained the least, ended 0.74% up.
Reflecting investor interest for stocks from midcap and smallcap segments, the BSE Midcap and Smallcap indices climbed up 1.89% and 1.69% respectively. The dominance of the bulls could be gauged by the fact that barring a couple of, Tata Motors (down 0.6%) and State Bank of India (down 0.4%), the other components of the Sensex ended on a positive note today. Both Tata Motors and State Bank of India, however, had a nice spell in the positive zone till around mid afternoon.
HDFC Bank (up 5.2% to Rs 1643.70) held the number one spot on the gainers list right through the session. Bharti Airtel, a bit sedate to begin with, rallied smartly in afternoon trade to post a strong gain of 3.8%. Reliance Energy scored a handsome gain of 3.75%. Tata Steel, ONGC, Hindalco, Grasim Industries, DLF, Tata Consultancy Services, Reliance Industries, BHEL, Wipro, Satyam Computer Services, Hindustan Unilever and Bajaj Auto gained 2% - 3.5%.
Larsen & Toubro (1.85%), ITC (1.75%), HDFC (1.55%), ICICI Bank (1.55%), ACC (1.45%), Ranbaxy Laboratories (1.45%) and IT bellwether Infosys Technologies (1.2%) also ended on a high note. Cipla, Mahindra & Mahindra, Maruti Suzuki, NTPC and Reliance Communications gained 0.75% - 1% while Ambuja Cements finished with a small gain.
Nalco, which zoomed 14.7% to Rs 382.95, was the biggest gainer from the Nifty pack. Unitech jumped 6.3%. SAIL notched up an impressive gain of 5.4%. Suzlon Energy ended stronger by a little over 4%. Punjab National Bank (3.05%), Hindustan Petroleum Corporation (2.8%), Tata Power (2.55%), HCL Technologies (2.5%), GlaxoSmithKline Pharma (2.1%), Hero Honda (1.8%), Sterlite Industries (1.7%), ABB (1.45%) and VSNL (1.1%) also ended with sharp gains.
Sun Pharmaceuticals, GAIL India and Zee Entertainment posted modest gains. MTNL and BPCL closed with marginal losses. Siemens, a big gainer in recent weeks, ended 1.6% down on profit taking. Reliance Petroleum topped the turnover chart but closed with a sharp loss of 2.65%.
Jindal Steel shot up by 16.75% today. Balaji Telefilms posted a big gain of 12.5%. HMT, Bharat Earth Movers, Jindal Saw, Crompton Greaves, i-Flex Solutions and Sobha Developers gained 7% - 10%. IndusInd Bank, JSW Steel, India Cements, Rolta India, Indian Bank, Jindal Stainless, Hinduja TMT, Titan Industries, Neyveli Lignite Corporation and Mangalore Refineries and Petrochemicals were among the other big gainers from BSE 'A' Group.
Midcap metal stock Bhushan Steel flared up by 45.7% today. Shaw Wallace remained firmly locked at the 20% upper circuit at Rs 388.25. Ansal Infrastructure moved up by over 11%. NIIT, Deccan Aviation, Usha Martin, Gateway Distripark, Bilcare, Bharat Earth Movers, IL & FS and Ruchi Soya went up by 8% - 11%. Lakshmi Overseas, Kalyani Steel, Voltas, KS Oils and Indraprastha Gas also ended on a high note.
As buying remained widespread, the market breadth was quite strong today. Out of 2865 stocks traded on BSE, 1820 stocks closed with gains. 986 stocks ended on a negative note and 59 stocks settled at their previous closing levels.
Other stories from www.sify.com
No plans to sell RNRL shares: Anil
Indian cos create jobs in US
Jindals planning mega investments in TN
IVRCL Infra gets Rs 329 cr orders
Scrip Scan: Hot picks of the week
NTPC to invest Rs 5,459.20 cr in Mauda Thermal Project
Dr Reddy's enters into 10-year agreement with Sygnis AG
'Allahabad Bank eyes stake in African bank'
Chevron evaluates its options on Reliance Petrol
Nitco Tiles turns stronger on 15% stake sale
RPL share sale: Was beating F&O curbs the only reason?
Empee Distilleries shares list up 10%
JM fund: Fully focused on financial services
RIL's Reliance Petro deal puzzle-ridden
Source: http://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. 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.
The bulls continued from where they left last Friday and displayed their strength in no uncertain terms today. They did go in for a few breathers during the course of the session, but at no time the market was in danger of caving in. So buoyant was the mood right through the day that besides the benchmark indices Sensex and Nifty, all the sectoral indices too ended the day on a high note today.
Strong global markets, good participation by domestic mutual funds in recent sessions and short-covering ahead of expiry of November series derivatives contracts were the factors that kept the market entrenched high up in the positive territory till the end today.
While the Sensex, which opened with a positive gap of nearly 220 points at 19,171.25 and hit a high of 19,360.23 in intra-day trades, ended with a gain of 394.67 points or 2.09% at 19,247.54, the Nifty settled at 5731.70 with a gain of 2.19% or 123.10 points. In intra-day trades today, the Nifty touched a high of 5772.55.
Among the sectoral indices, the Metal index was the biggest gainer today. Mirroring strong gains posted by key metal stocks, it ended 5.61% up. The Realty barometer shot up by 3.05% while the Consumer Durables, Capital Goods, IT, Power and Teck indices surged 2% - 3%.
The Bankex firmed up by 1.7%. The FMCG (1.63%), Healthcare (1.4%), Oil & Gas (1.9%) and PSU (1.52%) also ended on a high note. The Auto index, which gained the least, ended 0.74% up.
Reflecting investor interest for stocks from midcap and smallcap segments, the BSE Midcap and Smallcap indices climbed up 1.89% and 1.69% respectively. The dominance of the bulls could be gauged by the fact that barring a couple of, Tata Motors (down 0.6%) and State Bank of India (down 0.4%), the other components of the Sensex ended on a positive note today. Both Tata Motors and State Bank of India, however, had a nice spell in the positive zone till around mid afternoon.
HDFC Bank (up 5.2% to Rs 1643.70) held the number one spot on the gainers list right through the session. Bharti Airtel, a bit sedate to begin with, rallied smartly in afternoon trade to post a strong gain of 3.8%. Reliance Energy scored a handsome gain of 3.75%. Tata Steel, ONGC, Hindalco, Grasim Industries, DLF, Tata Consultancy Services, Reliance Industries, BHEL, Wipro, Satyam Computer Services, Hindustan Unilever and Bajaj Auto gained 2% - 3.5%.
Larsen & Toubro (1.85%), ITC (1.75%), HDFC (1.55%), ICICI Bank (1.55%), ACC (1.45%), Ranbaxy Laboratories (1.45%) and IT bellwether Infosys Technologies (1.2%) also ended on a high note. Cipla, Mahindra & Mahindra, Maruti Suzuki, NTPC and Reliance Communications gained 0.75% - 1% while Ambuja Cements finished with a small gain.
Nalco, which zoomed 14.7% to Rs 382.95, was the biggest gainer from the Nifty pack. Unitech jumped 6.3%. SAIL notched up an impressive gain of 5.4%. Suzlon Energy ended stronger by a little over 4%. Punjab National Bank (3.05%), Hindustan Petroleum Corporation (2.8%), Tata Power (2.55%), HCL Technologies (2.5%), GlaxoSmithKline Pharma (2.1%), Hero Honda (1.8%), Sterlite Industries (1.7%), ABB (1.45%) and VSNL (1.1%) also ended with sharp gains.
Sun Pharmaceuticals, GAIL India and Zee Entertainment posted modest gains. MTNL and BPCL closed with marginal losses. Siemens, a big gainer in recent weeks, ended 1.6% down on profit taking. Reliance Petroleum topped the turnover chart but closed with a sharp loss of 2.65%.
Jindal Steel shot up by 16.75% today. Balaji Telefilms posted a big gain of 12.5%. HMT, Bharat Earth Movers, Jindal Saw, Crompton Greaves, i-Flex Solutions and Sobha Developers gained 7% - 10%. IndusInd Bank, JSW Steel, India Cements, Rolta India, Indian Bank, Jindal Stainless, Hinduja TMT, Titan Industries, Neyveli Lignite Corporation and Mangalore Refineries and Petrochemicals were among the other big gainers from BSE 'A' Group.
Midcap metal stock Bhushan Steel flared up by 45.7% today. Shaw Wallace remained firmly locked at the 20% upper circuit at Rs 388.25. Ansal Infrastructure moved up by over 11%. NIIT, Deccan Aviation, Usha Martin, Gateway Distripark, Bilcare, Bharat Earth Movers, IL & FS and Ruchi Soya went up by 8% - 11%. Lakshmi Overseas, Kalyani Steel, Voltas, KS Oils and Indraprastha Gas also ended on a high note.
As buying remained widespread, the market breadth was quite strong today. Out of 2865 stocks traded on BSE, 1820 stocks closed with gains. 986 stocks ended on a negative note and 59 stocks settled at their previous closing levels.
Other stories from www.sify.com
No plans to sell RNRL shares: Anil
Indian cos create jobs in US
Jindals planning mega investments in TN
IVRCL Infra gets Rs 329 cr orders
Scrip Scan: Hot picks of the week
NTPC to invest Rs 5,459.20 cr in Mauda Thermal Project
Dr Reddy's enters into 10-year agreement with Sygnis AG
'Allahabad Bank eyes stake in African bank'
Chevron evaluates its options on Reliance Petrol
Nitco Tiles turns stronger on 15% stake sale
RPL share sale: Was beating F&O curbs the only reason?
Empee Distilleries shares list up 10%
JM fund: Fully focused on financial services
RIL's Reliance Petro deal puzzle-ridden
Source: http://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. 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.
Personalities: Anil Ambani, Anil Agarwal
Anil Ambani
Anil Ambani (born June 4, 1959) is an Indian businessman. As of October 6th 2007, he has a net-worth of US$32.4 billion, making him the 6th richest person in the world. His was the world's fastest-growing multi-billion-dollar fortune in percentage terms as his wealth tripled in 1 year. [2] Ambani is chairman of Reliance Capital, Reliance Communications and Chairman & Managing Director, Reliance Energy, and was formerly Vice Chairman and Managing Director of Reliance Industries Limited. His personal stake in Reliance Communications is 66%.[1]. Reliance group is India's largest business house, founded by Anil's late father Dhirubhai Ambani (1938-2002). His mother is Kokilaben Ambani. He is married to Tina Ambani(Munim) who was a well known Indian Actress in early 80's, and with whom he has two sons: Jai Anmol and Jai Anshul.
More @ http://en.wikipedia.org/wiki/Anil_Ambani
----------------------------------------------------------------------------------------
Anil Agarwal (billionaire)
Anil Agarwal (b. 1954, India) is the founder-director and executive chairman of the UK-based Vedanta Resources corporation, which owns mining and metal resources in India, Australia and Zambia. Having ranked eighth in 2003,[1] as of November 2006, he is the eleventh-richest Indian, with a personal fortune of US$4.5 billion.[2] According to Forbes Magazine, on 8 March 2007, his net worth was $3.8 billion—making him the 230th-richest person in the world.[citation needed] He lives in London, Europe & Russia, and is married, with two children.[2]
As of 6th October 2007, his net worth was estimated at $12.7 billion, making him the 6th richest Indian. [1]. In 2007, he announced a $3.1 billion expansion of capacities of Vedanta Resources,[citation needed] and donated US$1 billion to establish Vedanta University—India's answer to Stanford—in Orissa, eastern India.[3]
More @ http://en.wikipedia.org/wiki/Anil_Agarwal_%28billionaire%29
Source: http://en.wikipedia.org. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Anil Ambani (born June 4, 1959) is an Indian businessman. As of October 6th 2007, he has a net-worth of US$32.4 billion, making him the 6th richest person in the world. His was the world's fastest-growing multi-billion-dollar fortune in percentage terms as his wealth tripled in 1 year. [2] Ambani is chairman of Reliance Capital, Reliance Communications and Chairman & Managing Director, Reliance Energy, and was formerly Vice Chairman and Managing Director of Reliance Industries Limited. His personal stake in Reliance Communications is 66%.[1]. Reliance group is India's largest business house, founded by Anil's late father Dhirubhai Ambani (1938-2002). His mother is Kokilaben Ambani. He is married to Tina Ambani(Munim) who was a well known Indian Actress in early 80's, and with whom he has two sons: Jai Anmol and Jai Anshul.
More @ http://en.wikipedia.org/wiki/Anil_Ambani
----------------------------------------------------------------------------------------
Anil Agarwal (billionaire)
Anil Agarwal (b. 1954, India) is the founder-director and executive chairman of the UK-based Vedanta Resources corporation, which owns mining and metal resources in India, Australia and Zambia. Having ranked eighth in 2003,[1] as of November 2006, he is the eleventh-richest Indian, with a personal fortune of US$4.5 billion.[2] According to Forbes Magazine, on 8 March 2007, his net worth was $3.8 billion—making him the 230th-richest person in the world.[citation needed] He lives in London, Europe & Russia, and is married, with two children.[2]
As of 6th October 2007, his net worth was estimated at $12.7 billion, making him the 6th richest Indian. [1]. In 2007, he announced a $3.1 billion expansion of capacities of Vedanta Resources,[citation needed] and donated US$1 billion to establish Vedanta University—India's answer to Stanford—in Orissa, eastern India.[3]
More @ http://en.wikipedia.org/wiki/Anil_Agarwal_%28billionaire%29
Source: http://en.wikipedia.org. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Labels:
Anil Agarwal,
Personalities: Anil Ambani
25 November 2007
Blog Round-up and Job alerts
Investment Banking Openings in Singhi Advisors
Positions open are:
1)Vice President - Investment Banking
2)Assistant Vice President - Investment Banking
more@Investment Banking Openings in Singhi Advisors
--------------------------------------
Equity Analyst Openings in Capmetrics
Equity Research Analyst:The job involves equity and investment banking research, to organize, analyze, synthesize/ summarize data and information using appropriate analytical methodologies, submission of analysis as per client desired format. (spreadsheet, PowerPoint etc.)
More@Equity Analyst Openings in Capmetrics
---------------------------------------
Multibagger Stock Pick-Hindustan Zinc
Multibagger Stock Pick-Karuturi Networks Ltd.
----------------------------------------
Indian Stock Market
Get daily free tips on scrips.
http://www.nse-bse-sharetips.blogspot.com
-----------------------------------------
SRF Polymers Open Offer Price fixed
Kolte Patil IPO Grey Market Premium
Mundra Port IPO Allotment Status and Listing Date
---------------------------------------------
Mundra Port & SEZ IPO Listing on 27th November 2007
Simplex Infra secures 580 crore order from Dubai port world
---------------------------------------------
Source:
www.kpowave.blogspot and same blogger/author's other blogs sources.
www.bullishindian.com and www.bsensedaily.com
We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Positions open are:
1)Vice President - Investment Banking
2)Assistant Vice President - Investment Banking
more@Investment Banking Openings in Singhi Advisors
--------------------------------------
Equity Analyst Openings in Capmetrics
Equity Research Analyst:The job involves equity and investment banking research, to organize, analyze, synthesize/ summarize data and information using appropriate analytical methodologies, submission of analysis as per client desired format. (spreadsheet, PowerPoint etc.)
More@Equity Analyst Openings in Capmetrics
---------------------------------------
Multibagger Stock Pick-Hindustan Zinc
Multibagger Stock Pick-Karuturi Networks Ltd.
----------------------------------------
Indian Stock Market
Get daily free tips on scrips.
http://www.nse-bse-sharetips.blogspot.com
-----------------------------------------
SRF Polymers Open Offer Price fixed
Kolte Patil IPO Grey Market Premium
Mundra Port IPO Allotment Status and Listing Date
---------------------------------------------
Mundra Port & SEZ IPO Listing on 27th November 2007
Simplex Infra secures 580 crore order from Dubai port world
---------------------------------------------
Source:
www.kpowave.blogspot and same blogger/author's other blogs sources.
www.bullishindian.com and www.bsensedaily.com
We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Economic Times Headlines
The Economic Times.com
India joins trillion-dollar economy club
ADAG seeks to raise Reliance Power IPO face value to Rs 10
Over six lakh millionaires in ten Indian cities
Rupee rally adds $40 bn to billionaires' kitty
----------------------------------------------
Commodity hedging crosses Rs 4,500 cr-mark
Investors compete to be a part of India growth story
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Source: http://www.theeconomictimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
India joins trillion-dollar economy club
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Over six lakh millionaires in ten Indian cities
Rupee rally adds $40 bn to billionaires' kitty
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Commodity hedging crosses Rs 4,500 cr-mark
Investors compete to be a part of India growth story
Decisions steering Telecom toward high growth: Raja
Tata moves into pole position to buy Jaguar, Rover
Murugappa Group to invest in Singur for Tata small car project
Saudi realty firm plans $3 bn investment in India
PSU shares market cap zooms
RIL nets Rs 3,843 cr from RPL shares
ADAG to raise Reliance Power IPO
UCO Bank plans Rs 450 cr FPO
Urban Ministry wants Rs 2.6 lakh cr
Air India incurs losses of Rs 448 crore
Indian may post Rs 250-crore loss
Jet Li hits record with $13 mn paycheck
Quipo Infrastructure to invest Rs 2,000 cr
Future Group's logistics arm to invest Rs 400 cr
Bull run can fetch good dividends even for PSUs
IIM-C annual fest to provide base to new entrepreneurs
----------------------------------------------------------------------------
Source: http://www.theeconomictimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Empee Distilleries to list around Rs 430-500
Empee Distilleries to list around Rs 430-500
Chennai based, Empee Distilleries will list on the bourses on Monday, November 26, 2007. The offer price has been fixed at Rs 400 per share.
Investment Advisor, S P Tulsian said, "Empee Distilleries is likely to list at Rs 430 as against the issue price of Rs 400. Buying is advised upto Rs 430 while profit booking may be made above Rs 450. Share is a good bet for medium term."
"Empee is expected to list at around Rs 450-500. One should book profits", according to R S Iyer of K R Choksey Securities.
The company had entered capital market with a public issue of 48,00,000 shares of Rs 10 each priced Rs 350-400 per share and its issue had subscribed 6.87 times.
It proposed to part-finance its expansion from the net proceeds. The company plans to set up 60 klpd grain based distillery and blending & bottling Indian-made-foreign-liquor plant with capacity of 0.07 lakh cases per month in Nellore, Andhra Pradesh. It plans to expand the existing distillery in Mevalorkuppam.
The company will also set up 7.5 MW biomass based power plant in Aranthangi, and develop 2 lakh square feet of residential space at Mevalorkuppam, in Tamil Nadu.
More @ www.moneycontrol.com
Source: 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.
Chennai based, Empee Distilleries will list on the bourses on Monday, November 26, 2007. The offer price has been fixed at Rs 400 per share.
Investment Advisor, S P Tulsian said, "Empee Distilleries is likely to list at Rs 430 as against the issue price of Rs 400. Buying is advised upto Rs 430 while profit booking may be made above Rs 450. Share is a good bet for medium term."
"Empee is expected to list at around Rs 450-500. One should book profits", according to R S Iyer of K R Choksey Securities.
The company had entered capital market with a public issue of 48,00,000 shares of Rs 10 each priced Rs 350-400 per share and its issue had subscribed 6.87 times.
It proposed to part-finance its expansion from the net proceeds. The company plans to set up 60 klpd grain based distillery and blending & bottling Indian-made-foreign-liquor plant with capacity of 0.07 lakh cases per month in Nellore, Andhra Pradesh. It plans to expand the existing distillery in Mevalorkuppam.
The company will also set up 7.5 MW biomass based power plant in Aranthangi, and develop 2 lakh square feet of residential space at Mevalorkuppam, in Tamil Nadu.
More @ www.moneycontrol.com
Source: 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.
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Source: http://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. 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.
Khodays plans to acquire Australian winery for $50 mn
Amit Bhatia eyes 3 PE firms
ACK Media acquires Amar Chitra Katha and Tinkle
Firefly eVentures acquires Desimartini.com
Capital18 picks stake in Webchutney
George Soros fund buys stake in India's Future Capital Holdings
Tata Capital likely to buy 32% stake in Precision Cam
PE deals double in H2, valued at $13.62 billion
JC Flowers buys 36% in Sicom for Rs 350 crore
Essel Sports to raise Rs 200 crore, divest 25 percent to PE funds
PE, hedge funds bought 10% stake in Argentum
Global players line up $25 b for Indian realty pie
Indiareit to Invest in Luxury Housing Project Outside Mumbai
India's Fortis Financial buys 76 pct of Australia's Capital Market Solutions
More news @ www.indiape.com
Source: http://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. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
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