27 November 2007

Job Alerts and Blog Roundup

Research Analyst Openings in Baljit Securities
Department:ResearchRequirement:Incumbents should have proficiency in oral & written communication, experience in usage & interpretation of various technical charting software / tools, should have proven track record in research department.

More @ Research Analyst Openings in Baljit Securities


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
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eClerx IPO : eClerx Services IPO opens for subscription on 04 Dec
Walchandanagar Bonus Issue, Stock Split and Dividend News

Indian IPOs Grey Market Premiums on 27-11-07
Jaiprakash Associates Stock Split Approved



Source: http://www.bullishindian.com , www.bsensedaily.com and www.kpowave.blogspot.com and same authors other resources. 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.

VC, PE updates from VCCircle.com, Indiape.com

www.vccircle.com


Sandalwood Capital To Focus On Growth Stage, Swell Funds To $500M
Real Estate Roundup: Rutley Capital, Red Fort Capital, Tanmiyat Group, Accor
Sequoia Capital Invests $25 Million In GVK Biosciences
Orient Global Invests $76.7 Million In India Infoline’s Consumer Finance Biz

E-Governance Company Comat Raises Rs 25 Cr In Series B From Avigo
Exclusive: Blue River, Goldman To Invest $100 Million In India Infoline Arm
UTI AMC Stake Sale To Gather Momentum
Balaji Motion Pictures In Capital Raising Mode

IFC Buys 18% In Angel Broking For Rs 152 Cr; Goldman, Macquarie In Deal With PFS


www.Indiape.com

PE player Sequoia invests Rs 100cr in GVK Bio
Deloitte survey says private equity short-term outlook cools
Orient Global buys 22.5% stake in India Infoline`s arm
Reliance Entertainment acquires Anirights Infomedia

Balaji may offload 15% in motion pictures arm
India Info to sell 26% stake in arm for $100 mn
Lehman, IL&FS look to buy 10pc in Ramky arm
25 foreign investors line up for UTI AMC stake

Allahabad Bank eyes stake in African bank
Reliance Seeks to Sell Further Stake in Towers Subsidiary



Source: http://www.vccircle.com and www.indiape.com 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.

Tata, Nooyi among top 25 biz powerhouses: Sify.Com

Tata, Nooyi among top 25 biz powerhouses

New York: India's top corporate leader Ratan Tata has been named by global business magazine Fortune as one of the top 25 most powerful business heads, along with steel tycoon L N Mittal and PepsiCo's Indra Nooyi.

The Fortune ranking closely follows a list by another global business publication Forbes, released earlier this month that named India's richie-rich led by Mittal and Ambanis, but there was no mention of Ratan Tata.

In the Fortune list released on Tuesday, Tata has been named as the world's 23rd most powerful person in business, ahead of CEOs of international media and entertainment giant Walt-Disney and French luxury goods major LVMH.

PepsiCo chief Nooyi, who was named at the top of a separate Fortune list of world's most powerful business women for second year in a row last month, has been ranked at 22nd in the latest list, topped by Apple Computer CEO Steve Jobs.

Mittal, largest shareholder and CEO of the world's largest steelmaker ArcelorMittal, is ranked top among the three people of Indian origin. Ranked 14th position in the list, Mittal's name figures ahead of of international giants like JPMorgan Chase, Hewlett-Packard, Boeing, BHP Billiton, Blackstone and Mexican business tycoon Carlos Slim.

Apple's Jobs is followed by media baron Rupert Murdoch (2nd), Goldman Sachs CEO Lloyd Blankfein (3rd), Google's founder-CEO trio Eric Schmidt, Larry Page and Sergei Brin (4th) and legendary investor and Berkshire Hathaway CEO Warren Buffett (5th).

"Some are empire builders. Others are hired guns. But if they truly have world-class oomph, they're on Fortune's subjective - yet really quite accurate - list of the most powerful business people in the world," the magazine said in its cover story of the latest issue.


Source: http://www.sify.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Sensex slips 120 pts on global weakness at close: Sify, India

NSE 5698.15 33.55
BSE 19127.73 119.81

As weak global markets dampened the sentiment, the bulls stayed away from the ring right through the session, and, notwithstanding a smart rally staged by a few of their components, the benchmark indices Sensex and Nifty ended in the red today.

While the Sensex, which opened with a negative gap of around 120 points at 19,128.86 and slipped to a low of 19,019.33 in intra-day trades, ended the day with a loss of 119.81 points or 0.62% at 19,127.73, the Nifty closed with a loss of 33.55 points or 0.59% at 5698.15. In intra-day trades today, the Nifty touched a low of 5655.60.

Select auto, realty and information technology stocks had a nice ride up the charts. Capital goods stocks bounced back from their lower levels and regained lost ground in late afternoon trade. Oil, FMCG and healthcare stocks too found support during the closing minutes. Bank and metal stocks had a somewhat sluggish outing. Though a few of them posted smart gains, due to the sharp decline in values of some key stocks in these sectors, the Bankex and Metal indices went down by 0.9% and 1.03% respectively.

Bharti Airtel, which eased by 3.3%, was the biggest loser in the Sensex pack. ICICI Bank ended with a sharp loss of 2.15% despite rallying to Rs 1132.40 from a low of Rs 1119. Reliance Energy, Maruti Suzuki, NTPC, Hindalco and ACC lost 1.5% - 2%. Reliance Industries closed with a loss of 1.4% at Rs 2842. ONGC lost nearly a per cent. Ranbaxy Laboratories, ITC, HDFC Bank, Mahindra & Mahindra and Reliance Communications also ended with sharp losses. HDFC lost around a quarter per cent. Tata Steel, Larsen & Toubro and Infosys Technologies finished with small losses.

BHEL notched up a sharp gain of 2.6%. Bajaj Auto rallied 2.55% to Rs 2653.05. State Bank of India (1.4%), Tata Consultancy Services (1.2%) and Wipro (1.15%) also closed with smart gains.
Tata Motors ended 0.9% up at Rs 716.55. DLF shrugged off a weak start and posted a gain of 0.7%. Ambuja Cements, Grasim Industries and Satyam Computer Services also ended on the positive side, albeit with less pronounced gains. Hindustan Unilever and Cipla ended with slender gains.

More @ Sensex slips 120 pts on global weakness


More articles @ www.sify.com/finance/

Abu Dhabi Investment comes to the rescue of Citigroup, infuses $7.5 billion
Tata, Nooyi among top 25 biz powerhouses
20 most important questions in business
Hot property: Rs 2,780 cr for 3 Mumbai plots
BHEL wins Rs 4000 cr contract
GAIL to market gas for PMT fields
Futures trade banned in RPL
Rupee steady; caught between flows, RBI

RComm subsidiary pacts with US-based GlassHouse Tech
GVK Power acquires 46% in GVK Industries
HPCL to invest $2.5 b in expanding Visakhapatnam refinery
IOL Broadband signs pact with MTNL
SEBI probe on surge pulls down Bhushan Steel
Nirma to buy US-based soda ash producer
Who played the 'shorts' in RPL?
Rain Calcining merges with Rain Commodities
RBI honouring word on branches to WTO


Source: http://www.sify.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Personalities: Gautam Adani, Aroon Purie

Gautam Adani

Gautam Adani (born June 24, 1962 in Ahmedabad, India) is an Indian businessman. He is the chairman of the Adani Group, a leading trading and export company of India. On November 16, 2007, Forbes magazine announced that Adani was the 13th richest person in India with a personal wealth of US$6.7 billion, making him the first billionaire from the city of Ahmedabad[1] [2]. Gautam Adani was born on June 24, 1962, to Shantilal and Shantaben Adani. He had seven siblings. Adani's parents had migrated from the town of Tharad in northern Gujarat in search of livelihood. Adani was born in the Seth ni Pol are located in Ratanpol in Ahmedabad. He studied at the Seth C. N. Vidyalya school in Ahmedabad. Adani dropped out of school in class 10 and set out for Mumbai to make a living with only a few hundred rupees with him.
He worked in Mumbai as a diamond sorter at Mahindra Bros. After working there for two years, Adani, 18 at the time, set up his own diamond brokerage outfit at Zaveri Bazaar and made his first lakh.[3]

More @ http://en.wikipedia.org/wiki/Gautam_Adani



Aroon Purie

Aroon Purie is an Indian businessman, and the founder & editor in chief of India Today, a leading newsmagazine of India. He has served as editor of the magazine since founding it in 1975. India Today is printed in several languages other than English. A chartered accountant, Purie first revived Thomson Press. He then set up Living Media to publish India Today, which has redefined magazine journalism in the country. The India Today group which has grown out of the magazine, is one of the largest media conglomerates in India.

More @ http://en.wikipedia.org/wiki/Aroon_Purie


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.

26 November 2007

Know About: Wal-Mart, Carrefour

Wal-Mart

Wal-Mart Stores, Inc. (NYSE: WMT) is an American public corporation, currently the world's largest public corporation by revenue, according to the 2007 Fortune Global 500.[2] It was founded by Sam Walton in 1962, incorporated on October 31, 1969, and listed on the New York Stock Exchange in 1972. It is the largest private employer in the world and the fourth largest utility or commercial employer, trailing the People's Liberation Army of China, the National Health Service of the United Kingdom, and the Indian Railways. Wal-Mart is the largest grocery retailer in the United States, with an estimated 20% of the retail grocery and consumables business, as well as the largest toy seller in the U.S., with an estimated 22% share of the toy market.

More @ http://en.wikipedia.org/wiki/Walmart

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Carrefour

Carrefour SA (Euronext: CA) (pronounced [karĖˆfur]) is a French international hypermarket chain, with a global network of outlets. It is the second largest retail group in the world in terms of revenue and sales figures after Wal-Mart. Carrefour operates mainly in the European Union, Brazil, Argentina and Colombia, but also has shops in North Africa and Asia. Carrefour means cross-road in French[2].

More @ http://en.wikipedia.org/wiki/Carrefour


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.

Mundra Port to list on bourses tomorrow

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.

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

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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.

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.