MoneyToday, Dec 13, 2007
http://moneytoday.digitaltoday.in/
From the Money Today's Digital Version
Cover Story
Find out how the perfect portfolio has benefits similar to that of a balanced diet and also what your asset allocation strategy should be like
Financial diet, for now and later
Sector Scenario Capital charge
Query Corner Questions of cover
Brain Trust 'Invest with a plan and time''
Stocks Cashing in on churn
Dipen Sheth
Reacting to the recent volatility in the mid-cap sector, and wary of more in the global financial markets, we book profits in a number of shares.
Energy, power sector soar, IT hit
An oil story that isn't scary
Collateral advantage
Market watch, as on November 21, 2007
New frontiers of investments
Mutual Fund
Hit the bull's eye all the time
New Business Spotting talent
Rajshree Kukreti
Belief in the idea and faith in the team motivated Madan Padaki, Murlidhar S and Mohan Kannegal to risk their all in MeritTrac.
More Articles@ http://moneytoday.digitaltoday.in
Source: 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. 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.
04 December 2007
Myiris, MoneyControl.Com Stories
Myiris.Com
Brokers` Outlook: Positive trend to be seen on Wednesday
GAIL & RIL to set up petrochemical complexes globally
GTL International acquires strategic communication services (SCS)
Deccan Aviation clarifies on news item
eClerx Services IPO subscribed 54% on day one
GTL`s arm acquires North American co.
ICICI direct assigns `Outperformer` rating on JBF Industries
Hindustan Construction eyes Rs 30 bn topline for FY08
ING Vysya Bank to open 56 new branches
BHEL to set up fabrication plant in UP
BGR Energy Systems to set up 3 new units
Rakeen, Trimex forms JV to invest USD 5 bn in India
Emaar MGF IPO in Jan`08
-----------------------------------------------------------------------------
Moneycontrol.Com
Banks need to widen deposit base: YV Reddy
Rates to be stable for 6-9 months: ICICI Bk
Economy on track for 9% growth: Montek Singh
NFO scenario to become crowded in weeks ahead
Welspun to open 300 stores in two years
FIIs sell Rs 2,400 cr in stock futures in two days
REL to add $2 bn for power, infra projects
Stocks in news: Mcleod Russel, Dish TV, ...
Source: http://www.moneycontrol.com and www.myiris.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.
Brokers` Outlook: Positive trend to be seen on Wednesday
GAIL & RIL to set up petrochemical complexes globally
GTL International acquires strategic communication services (SCS)
Deccan Aviation clarifies on news item
eClerx Services IPO subscribed 54% on day one
GTL`s arm acquires North American co.
ICICI direct assigns `Outperformer` rating on JBF Industries
Hindustan Construction eyes Rs 30 bn topline for FY08
ING Vysya Bank to open 56 new branches
BHEL to set up fabrication plant in UP
BGR Energy Systems to set up 3 new units
Rakeen, Trimex forms JV to invest USD 5 bn in India
Emaar MGF IPO in Jan`08
-----------------------------------------------------------------------------
Moneycontrol.Com
Banks need to widen deposit base: YV Reddy
Rates to be stable for 6-9 months: ICICI Bk
Economy on track for 9% growth: Montek Singh
NFO scenario to become crowded in weeks ahead
Welspun to open 300 stores in two years
FIIs sell Rs 2,400 cr in stock futures in two days
REL to add $2 bn for power, infra projects
Stocks in news: Mcleod Russel, Dish TV, ...
Source: http://www.moneycontrol.com and www.myiris.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,
Myiris
The Economic Times Headlines
Bharat Bijlee in Forbes 'Asia's 200 Best under a Billion' list
20 lakh people may become jobless in export sector: Govt
Sintex to raise over Rs 1,800 cr
DLF forms JV with Prudential Financial
Pearl Global ties up with DLF
Air India may offload 15% equity through IPO next year: Patel
Mid-caps end with smart gains
'Suspect terror funding being watched'
L Mittal richest in South Africa
CapGemini to lift India headcount to 40,000 by 2010
Stocks to buy: Kotak Mahindra Bank, Titan Industries, Salora Intl, 3i Infotech, Colgate Palmolive
India's hot property mkt likely to cool soon: Kamath
Entrepreneurs are, essentially, innovators
Apollo Tyres sees 20 pc revenue growth in FY08
Tata Motors November sales down 4%, passenger vehicle by 16%
Yamaha launches sports bikes; aims at bigger market share
With 500 branches, Fullerton is the largest NBFC
Mcleod Russel sets merger ratio for Moran Tea with self
PGCIL to invest Rs 14,500 cr on transmission network by FY09
Essar Oil shares spurt on private placement talk
Emaar eyes education, hospitality
Exports shrug off Re jitters, rise 35% to $13.3bn in Oct
50 TV channels permitted to downlink into India
Parsvnath plans Rs 1400 cr jewellery SEZ in Rajasthan
FIR against Anil Ambani
Mid-caps outperform frontline: MICO up 24%
Transformers & Rectifiers fixes IPO price band Rs 425-Rs 465/shr
Stockpile: PaGaLGuY.com launches online B-school rankings initiative
CBoP launches postal services in Canada, UK
Adhunik group to invest Rs 72 bn in West Bengal
More @ http://economictimes.indiatimes.com
Source: http://economictimes.indiatimes.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.
20 lakh people may become jobless in export sector: Govt
Sintex to raise over Rs 1,800 cr
DLF forms JV with Prudential Financial
Pearl Global ties up with DLF
Air India may offload 15% equity through IPO next year: Patel
Mid-caps end with smart gains
'Suspect terror funding being watched'
L Mittal richest in South Africa
CapGemini to lift India headcount to 40,000 by 2010
Stocks to buy: Kotak Mahindra Bank, Titan Industries, Salora Intl, 3i Infotech, Colgate Palmolive
India's hot property mkt likely to cool soon: Kamath
Entrepreneurs are, essentially, innovators
Apollo Tyres sees 20 pc revenue growth in FY08
Tata Motors November sales down 4%, passenger vehicle by 16%
Yamaha launches sports bikes; aims at bigger market share
With 500 branches, Fullerton is the largest NBFC
Mcleod Russel sets merger ratio for Moran Tea with self
PGCIL to invest Rs 14,500 cr on transmission network by FY09
Essar Oil shares spurt on private placement talk
Emaar eyes education, hospitality
Exports shrug off Re jitters, rise 35% to $13.3bn in Oct
50 TV channels permitted to downlink into India
Parsvnath plans Rs 1400 cr jewellery SEZ in Rajasthan
FIR against Anil Ambani
Mid-caps outperform frontline: MICO up 24%
Transformers & Rectifiers fixes IPO price band Rs 425-Rs 465/shr
Stockpile: PaGaLGuY.com launches online B-school rankings initiative
CBoP launches postal services in Canada, UK
Adhunik group to invest Rs 72 bn in West Bengal
More @ http://economictimes.indiatimes.com
Source: http://economictimes.indiatimes.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.
LN Mittal is the richest person in S. Africa : Sify Finance
LN Mittal is the richest person in S. Africa
India-born steel tycoon Lakshmi Niwas Mittal, recently named as richest Indian in world with a fortune of $51 billion, has also been rated as the wealthiest person in South Africa.
Mittal has been named at the top for third consecutive year with a net worth of 27.3 billion rand ($4 billion) in the latest annual list of 100 richest in South Africa, compiled by that country's weekly 'The Sunday Times'.
This is based on his shareholding in Mittal Steel SA and represents only the value of his investments in South Africa. Last month, US business magazine Forbes named him as the richest Indian in the world with a net worth of $51 billion. In March, he was named as the world's fifth richest with a worth of $32 billion by Forbes.
Mittal, who is a resident of Europe, Russia and UK and has an Indian passport as well, also holds the title of richest person in Britain. According to the Sunday Times report, Mittal had 445.75 million shares in his company Mittal Steel SA as of March 31, 2007.
"The value of Mittal's 52.02 per cent shareholding in Mittal Steel SA has almost doubled," it said. In Sunday Times Richest 100 List of South Africa, Mittal was followed by NicNicky Oppenheimer of Anglo American Plc with fortunes worth 16.1 billion rand.
Patrice Motsepe, holding shares in African Rainbow Minerals Ltd and Sanlam Ltd, was named at the third position with a worth 13.5 billion rand.
Suzlon Energy in BCG list of 100 emerging giants
Wind energy major Suzlon Energy is the latest Indian company to have broken into the Boston Consulting Group’s list of top 100 emerging giants.
Releasing the report, titled ‘2008 BCG 100 new global challengers: How top companies from rapidly developing economies are changing the world’, at the India Economic Summit here on Monday, Arindam Bhattacharya, Managing Director, BCG, Delhi, and Jim Hemerling, MD, in the firm’s San Francisco office, along with Anand Mahindra of M&M, pointed out that companies from rapidly developing economies are globalising so quickly that they pose an urgent threat to industry leaders.
More@ Suzlon Energy in BCG list of 100 emerging giants
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.
India-born steel tycoon Lakshmi Niwas Mittal, recently named as richest Indian in world with a fortune of $51 billion, has also been rated as the wealthiest person in South Africa.
Mittal has been named at the top for third consecutive year with a net worth of 27.3 billion rand ($4 billion) in the latest annual list of 100 richest in South Africa, compiled by that country's weekly 'The Sunday Times'.
This is based on his shareholding in Mittal Steel SA and represents only the value of his investments in South Africa. Last month, US business magazine Forbes named him as the richest Indian in the world with a net worth of $51 billion. In March, he was named as the world's fifth richest with a worth of $32 billion by Forbes.
Mittal, who is a resident of Europe, Russia and UK and has an Indian passport as well, also holds the title of richest person in Britain. According to the Sunday Times report, Mittal had 445.75 million shares in his company Mittal Steel SA as of March 31, 2007.
"The value of Mittal's 52.02 per cent shareholding in Mittal Steel SA has almost doubled," it said. In Sunday Times Richest 100 List of South Africa, Mittal was followed by NicNicky Oppenheimer of Anglo American Plc with fortunes worth 16.1 billion rand.
Patrice Motsepe, holding shares in African Rainbow Minerals Ltd and Sanlam Ltd, was named at the third position with a worth 13.5 billion rand.
Suzlon Energy in BCG list of 100 emerging giants
Wind energy major Suzlon Energy is the latest Indian company to have broken into the Boston Consulting Group’s list of top 100 emerging giants.
Releasing the report, titled ‘2008 BCG 100 new global challengers: How top companies from rapidly developing economies are changing the world’, at the India Economic Summit here on Monday, Arindam Bhattacharya, Managing Director, BCG, Delhi, and Jim Hemerling, MD, in the firm’s San Francisco office, along with Anand Mahindra of M&M, pointed out that companies from rapidly developing economies are globalising so quickly that they pose an urgent threat to industry leaders.
More@ Suzlon Energy in BCG list of 100 emerging giants
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.
VC, PE updates from VCCircle.com, Indiape.com
VCCircle.com
IPO-Bound Ybrant Gets $20M From Sansar Capital; Acquires Israel’s Oridian For $13M
India Hospitality Corp. Gets Fresh $75 Million From Navis, Hayground Cove
Sterlite Energy To Raise $1 Billion From Funds In A Pre-IPO Transaction
Reliance Technology Ventures Leads Series B Round In US-based E-Band
Indivision Acquires 70% In Indian-Owned Canadian Cosmetics Firm Faces
Apnaloan.com In Talks To Raise $15 Million Funding
Indivision To Invest Rs 100 Crore For 13% Stake in Interarch Building Products
France’s Ipsos Acquires 75% In Indian Market Research Firm Indica Research
IFC May Buy Stake In IFCI; Will That Add Spice To Strategic Stake Sale?
Airworks Gets Funding From Global Technology Investment, Punj Lloyd
Kuwait’s Global Raises $500 Million Buyout Fund; To Buy Companies In India Too
-----------------------------------------------------
IndiaPE.com
Intelenet buys two companies from Blackstone for USD 75 mn
Indiareit to raise Rs 4,500 cr
BGR raises Rs 190cr from Citi VC, Reliance MF
Rapaport Buys 50% Stake in Indian Magazine
Network 18 arm closes 4 deals, eyes growth firms
Future picks up 70% stake in canada’s faces
Phoenix swaps stake, pays Rs 80 cr for 60% in Big Apple
Future PE arm buys into Interarch
PE firms in clinical research race
Apnaloan in talks to raise $15 mn VC funds
3i Infotech acquires Linear Financial
Private Equity, public returns
ICICI Venture to set up healthcare holding co
Venture Capital Investment in India reached $777 Million in 2007
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.
IPO-Bound Ybrant Gets $20M From Sansar Capital; Acquires Israel’s Oridian For $13M
India Hospitality Corp. Gets Fresh $75 Million From Navis, Hayground Cove
Sterlite Energy To Raise $1 Billion From Funds In A Pre-IPO Transaction
Reliance Technology Ventures Leads Series B Round In US-based E-Band
Indivision Acquires 70% In Indian-Owned Canadian Cosmetics Firm Faces
Apnaloan.com In Talks To Raise $15 Million Funding
Indivision To Invest Rs 100 Crore For 13% Stake in Interarch Building Products
France’s Ipsos Acquires 75% In Indian Market Research Firm Indica Research
IFC May Buy Stake In IFCI; Will That Add Spice To Strategic Stake Sale?
Airworks Gets Funding From Global Technology Investment, Punj Lloyd
Kuwait’s Global Raises $500 Million Buyout Fund; To Buy Companies In India Too
-----------------------------------------------------
IndiaPE.com
Intelenet buys two companies from Blackstone for USD 75 mn
Indiareit to raise Rs 4,500 cr
BGR raises Rs 190cr from Citi VC, Reliance MF
Rapaport Buys 50% Stake in Indian Magazine
Network 18 arm closes 4 deals, eyes growth firms
Future picks up 70% stake in canada’s faces
Phoenix swaps stake, pays Rs 80 cr for 60% in Big Apple
Future PE arm buys into Interarch
PE firms in clinical research race
Apnaloan in talks to raise $15 mn VC funds
3i Infotech acquires Linear Financial
Private Equity, public returns
ICICI Venture to set up healthcare holding co
Venture Capital Investment in India reached $777 Million in 2007
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.
Labels:
Indiape.Com,
PE updates from VCCircle.com,
VC
CoolAvenues Job Alert
General Management / Consulting Positions
Senior Research Director : A US-based Boutique Consulting Firm http://www.coolavenues.com/jobs/1107_1_1428.php
Business Consultant : A Renowned US-based Management Consulting Firm http://www.coolavenues.com/jobs/1107_1_1423.php
GM - Consumer Insights : A Global Leader in Convenient Foods & Beverages http://www.coolavenues.com/jobs/1107_1_1427.php
Supply Chain Consultant : A Renowned US-based Management Consulting Firm http://www.coolavenues.com/jobs/1107_1_1422.php
Consultant / Manager / Sr. Manager : One of India's Leading Business Consulting Firms http://www.coolavenues.com/jobs/1107_1_1424.php
------------------------------------------------------------
Finance / Banking Positions
Business Manager - Utility Computing : Wipro Infotech - Innovation Division http://www.coolavenues.com/jobs/1107_1_1415.php
Financial / Business Controller : An European MNC in Travel Service Industry http://www.coolavenues.com/jobs/1107_1_1419.php
Accountant : An European MNC in Travel Service Industry http://www.coolavenues.com/jobs/1107_1_1420.php
Manager - Analytics : One of the Fast Growing & Leading Consulting Firms http://www.coolavenues.com/jobs/1107_1_1421.php
Consultant / Manager / Sr. Manager : One of India's Leading Business Consulting Firms http://www.coolavenues.com/jobs/1107_1_1424.php
Opening in Private Equity : A Leading $1 Billion Global Private Equity Firm http://www.coolavenues.com/jobs/1107_1_1425.php
Director - Asset Reconstruction / Stressed Assets : A Leading Global Asset Reconstruction Company http://www.coolavenues.com/jobs/1107_1_1426.php
National Director - Hospitality & Leisure : A Top MNC Real Estate Advisory Consultancy http://www.coolavenues.com/jobs/1107_1_1430.php
-------------------------------------------------------------
Operations Management
Operations Manager : Wipro Infotech - Innovation Division http://www.coolavenues.com/jobs/1107_1_1418.php
Supply Chain Consultant : A Renowned US-based Management Consulting Firm http://www.coolavenues.com/jobs/1107_1_1422.php
Business Manager - IRCAM : Wipro Infotech - Innovation Division http://www.coolavenues.com/jobs/1107_1_1416.php
Opening in Facilities Management : One of the Leading US-based Fortune 500 Global Investment Banking Firmhttp://www.coolavenues.com/jobs/1107_1_1399.php
Source: http://www.coolavenues.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.
Senior Research Director : A US-based Boutique Consulting Firm http://www.coolavenues.com/jobs/1107_1_1428.php
Business Consultant : A Renowned US-based Management Consulting Firm http://www.coolavenues.com/jobs/1107_1_1423.php
GM - Consumer Insights : A Global Leader in Convenient Foods & Beverages http://www.coolavenues.com/jobs/1107_1_1427.php
Supply Chain Consultant : A Renowned US-based Management Consulting Firm http://www.coolavenues.com/jobs/1107_1_1422.php
Consultant / Manager / Sr. Manager : One of India's Leading Business Consulting Firms http://www.coolavenues.com/jobs/1107_1_1424.php
------------------------------------------------------------
Finance / Banking Positions
Business Manager - Utility Computing : Wipro Infotech - Innovation Division http://www.coolavenues.com/jobs/1107_1_1415.php
Financial / Business Controller : An European MNC in Travel Service Industry http://www.coolavenues.com/jobs/1107_1_1419.php
Accountant : An European MNC in Travel Service Industry http://www.coolavenues.com/jobs/1107_1_1420.php
Manager - Analytics : One of the Fast Growing & Leading Consulting Firms http://www.coolavenues.com/jobs/1107_1_1421.php
Consultant / Manager / Sr. Manager : One of India's Leading Business Consulting Firms http://www.coolavenues.com/jobs/1107_1_1424.php
Opening in Private Equity : A Leading $1 Billion Global Private Equity Firm http://www.coolavenues.com/jobs/1107_1_1425.php
Director - Asset Reconstruction / Stressed Assets : A Leading Global Asset Reconstruction Company http://www.coolavenues.com/jobs/1107_1_1426.php
National Director - Hospitality & Leisure : A Top MNC Real Estate Advisory Consultancy http://www.coolavenues.com/jobs/1107_1_1430.php
-------------------------------------------------------------
Operations Management
Operations Manager : Wipro Infotech - Innovation Division http://www.coolavenues.com/jobs/1107_1_1418.php
Supply Chain Consultant : A Renowned US-based Management Consulting Firm http://www.coolavenues.com/jobs/1107_1_1422.php
Business Manager - IRCAM : Wipro Infotech - Innovation Division http://www.coolavenues.com/jobs/1107_1_1416.php
Opening in Facilities Management : One of the Leading US-based Fortune 500 Global Investment Banking Firmhttp://www.coolavenues.com/jobs/1107_1_1399.php
Source: http://www.coolavenues.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 snaps winning streak, loses 74 pts at close: Sify,India
Sensex snaps winning streak, loses 74 pts at close
Sify India
It was a sluggish session for several blue chip stocks on the major Indian bourses today as participants stayed wary of building up positions due to lack of triggers. A few front line stocks did manage to garner support and posted smart gains, but then, save for a brief while this morning, it was a rather choppy journey for the benchmark indices Sensex and Nifty today.
While the Sensex, which opened with a positive gap of over 100 points at 19,707.86 - it remained its high for the session - but tumbled to 19,482.34 in late afternoon trade, ended with a loss of 73.91 points or 0.38% at 19,529.50, the Nifty settled 0.11% or 6.65 points down at 5858.35. In intra-day trades today, the Nifty touched a high of 5897.25 and a low of 5840.30.
Midcap and Smallcap stocks, however, had a fairly bright outing once again. Mirroring investor interest for these stocks, the BSE Midcap and Smallcap indices climbed up 1.6% and 1.58% respectively. Reliance Industries (down 2.3%), Tata Consultancy Services (down 2.2%), ICICI Bank (down2.1%), Satyam Computer Services (down1.55%), ONGC (down 1.25%) and Ranbaxy Laboratories (down 1.1%) took a severe beating in late afternoon trade.
Grasim Industries, Bharti Airtel, HDFC, Maruti Suzuki, Reliance Energy, NTPC, ACC, State Bank of India and Bajaj Auto eased by 0.25% - 1%. Cipla ended with a marginal loss at Rs 184.80. Reliance Communications ended at its previous closing price.
A host of stocks from the metal space, led by Tata Steel (4.1%), surged higher and lifted the Metal index up by nearly 3.25% today. Hindalco, which remained somewhat subdued for a better part of the session, ended with a gain of 1.15%. SAIL shot up by 8.55% to Rs 284.90. Maharashtra Seamless vaulted 12.4% to Rs 574.10. Jindal Steel jumped 9.3% on strong volumes.
Jindal Stainless, Shree Precoated Steels, Sesa Goa, JSW Steel, Gujarat NRE Coke, Bhushan Steel and Jindal Saw gained smart ground. Ispat Industries edged up by around 0.75%. Mahindra & Mahindra ended with a handsome gain of 2.8%. BHEL closed 2% up at Rs 2815.40. Ambuja Cements, which opened on a high note, lost its way sometime past mid afternoon, but bounced back a bit to close with a sharp gain of 1.25%. Larsen & Toubro gained 1.25%.
Infosys Technologies, Tata Motors and Wipro also finished with notable gains. ITC, Hindustan Unilever and HDFC Bank edged up marginally. DLF opened well but pared its gains and ended little changed from its previous closing price.
VSNL, Unitech, Reliance Petroleum, Sterlite Industries, Hero Honda, GlaxoSmithKline Pharma, HCL Technologies and Sun Pharmaceuticals ended with sharp losses. Hindustan Petroleum Corporation and BPCL moved up by 4.25% and 4.15% respectively. Tata Power, GAIL India, MTNL, Siemens and Punjab National Bank also closed with impressive gains.
Chambal Fertilizers, Mico, Godrej Consumer Products, Ingersoll Rand, Puravankara Projects, IVR Prime, Mangalore Refineries & Petrochemicals, Indian Oil Corporation, J&K Bank, Ashok Leyland, Tata Tea, Chennai Petroleum Corporation, Bombay Dyeing, Alstom Projects, Gujarat Minerals and National Fertilizers closed with strong gains today.
Wire & Wireless, which flared up by 22.65% to Rs 86.10, was the biggest gainers in the Midcap index. Jain Irrigation Systems shot up by 19.15%. Essar Steel zoomed 18%. Educomp Solutions, Adlabs Films, Essar Shipping, Mahindra Life, M&M Financial Services, Dalmia Cement (Bharat), Ruchi Soya, Bata India, NIIT, Ansal Infrastructure and Yes Bank were among the other big gainers from the midcap space.
Everonn Systems, Aegis Logistics, Techno Electric Engineering, Jindal South West Holdings, C&C Constructions, MCD Holdings, Kemrock, Kewal Kiran, Crew BOS, Varun Shipping, Nitin Fire Protection Equipments, Inox Leisure, Hindustan National Glass, Zuari Industries, Adhunik Metals and Raj Television were among the big gainers from the smallcap index.
Essar Oil (up 2.4%) was the turnover topper once again. On the National Stock Exchange, the Essar Oil counter recorded a turnover of nearly Rs 1075 crore today. Around 35.19 million shares were transacted at the Essar Oil counter on NSE. Shares of Mundra Port & Special Economic Zone were also in demand. The stock gained nearly 8.25% on NSE today on a strong volume of 4.85 million shares. IFCI also figured in the most active securities list. However, the stock was at the receiving end today. It lost 2.25% as it settled at Rs 104.35.
Though the premier indices ended in the red today, the market breadth was positive thanks to strong buying in midcap and smallcap stocks. Out of 2864 stocks traded on BSE, 1934 stocks surged higher. 878 stocks closed in the negative territory and 52 stocks ended at their previous closing levels.
More stories @ www.sify.com/finance
FM admits terror trails in stock market
Dabur forays into retail business
GTL unit buys Strategic Comm
HCC to float infrastructure arm
Govt to revive 26 public sector firms
LN Mittal is the richest person in S. Africa
JSW to open 600 steel retail outlets in next 2 years
The Middle East's 40 largest public companies
GTL unit buys US-based Strategic Communication
Pearl Global surges 20% on deal with DLF
3i Infotech buys majority stake in back office firm
Suzlon Energy in BCG list of 100 emerging giants
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.
Sify India
It was a sluggish session for several blue chip stocks on the major Indian bourses today as participants stayed wary of building up positions due to lack of triggers. A few front line stocks did manage to garner support and posted smart gains, but then, save for a brief while this morning, it was a rather choppy journey for the benchmark indices Sensex and Nifty today.
While the Sensex, which opened with a positive gap of over 100 points at 19,707.86 - it remained its high for the session - but tumbled to 19,482.34 in late afternoon trade, ended with a loss of 73.91 points or 0.38% at 19,529.50, the Nifty settled 0.11% or 6.65 points down at 5858.35. In intra-day trades today, the Nifty touched a high of 5897.25 and a low of 5840.30.
Midcap and Smallcap stocks, however, had a fairly bright outing once again. Mirroring investor interest for these stocks, the BSE Midcap and Smallcap indices climbed up 1.6% and 1.58% respectively. Reliance Industries (down 2.3%), Tata Consultancy Services (down 2.2%), ICICI Bank (down2.1%), Satyam Computer Services (down1.55%), ONGC (down 1.25%) and Ranbaxy Laboratories (down 1.1%) took a severe beating in late afternoon trade.
Grasim Industries, Bharti Airtel, HDFC, Maruti Suzuki, Reliance Energy, NTPC, ACC, State Bank of India and Bajaj Auto eased by 0.25% - 1%. Cipla ended with a marginal loss at Rs 184.80. Reliance Communications ended at its previous closing price.
A host of stocks from the metal space, led by Tata Steel (4.1%), surged higher and lifted the Metal index up by nearly 3.25% today. Hindalco, which remained somewhat subdued for a better part of the session, ended with a gain of 1.15%. SAIL shot up by 8.55% to Rs 284.90. Maharashtra Seamless vaulted 12.4% to Rs 574.10. Jindal Steel jumped 9.3% on strong volumes.
Jindal Stainless, Shree Precoated Steels, Sesa Goa, JSW Steel, Gujarat NRE Coke, Bhushan Steel and Jindal Saw gained smart ground. Ispat Industries edged up by around 0.75%. Mahindra & Mahindra ended with a handsome gain of 2.8%. BHEL closed 2% up at Rs 2815.40. Ambuja Cements, which opened on a high note, lost its way sometime past mid afternoon, but bounced back a bit to close with a sharp gain of 1.25%. Larsen & Toubro gained 1.25%.
Infosys Technologies, Tata Motors and Wipro also finished with notable gains. ITC, Hindustan Unilever and HDFC Bank edged up marginally. DLF opened well but pared its gains and ended little changed from its previous closing price.
VSNL, Unitech, Reliance Petroleum, Sterlite Industries, Hero Honda, GlaxoSmithKline Pharma, HCL Technologies and Sun Pharmaceuticals ended with sharp losses. Hindustan Petroleum Corporation and BPCL moved up by 4.25% and 4.15% respectively. Tata Power, GAIL India, MTNL, Siemens and Punjab National Bank also closed with impressive gains.
Chambal Fertilizers, Mico, Godrej Consumer Products, Ingersoll Rand, Puravankara Projects, IVR Prime, Mangalore Refineries & Petrochemicals, Indian Oil Corporation, J&K Bank, Ashok Leyland, Tata Tea, Chennai Petroleum Corporation, Bombay Dyeing, Alstom Projects, Gujarat Minerals and National Fertilizers closed with strong gains today.
Wire & Wireless, which flared up by 22.65% to Rs 86.10, was the biggest gainers in the Midcap index. Jain Irrigation Systems shot up by 19.15%. Essar Steel zoomed 18%. Educomp Solutions, Adlabs Films, Essar Shipping, Mahindra Life, M&M Financial Services, Dalmia Cement (Bharat), Ruchi Soya, Bata India, NIIT, Ansal Infrastructure and Yes Bank were among the other big gainers from the midcap space.
Everonn Systems, Aegis Logistics, Techno Electric Engineering, Jindal South West Holdings, C&C Constructions, MCD Holdings, Kemrock, Kewal Kiran, Crew BOS, Varun Shipping, Nitin Fire Protection Equipments, Inox Leisure, Hindustan National Glass, Zuari Industries, Adhunik Metals and Raj Television were among the big gainers from the smallcap index.
Essar Oil (up 2.4%) was the turnover topper once again. On the National Stock Exchange, the Essar Oil counter recorded a turnover of nearly Rs 1075 crore today. Around 35.19 million shares were transacted at the Essar Oil counter on NSE. Shares of Mundra Port & Special Economic Zone were also in demand. The stock gained nearly 8.25% on NSE today on a strong volume of 4.85 million shares. IFCI also figured in the most active securities list. However, the stock was at the receiving end today. It lost 2.25% as it settled at Rs 104.35.
Though the premier indices ended in the red today, the market breadth was positive thanks to strong buying in midcap and smallcap stocks. Out of 2864 stocks traded on BSE, 1934 stocks surged higher. 878 stocks closed in the negative territory and 52 stocks ended at their previous closing levels.
More stories @ www.sify.com/finance
FM admits terror trails in stock market
Dabur forays into retail business
GTL unit buys Strategic Comm
HCC to float infrastructure arm
Govt to revive 26 public sector firms
LN Mittal is the richest person in S. Africa
JSW to open 600 steel retail outlets in next 2 years
The Middle East's 40 largest public companies
GTL unit buys US-based Strategic Communication
Pearl Global surges 20% on deal with DLF
3i Infotech buys majority stake in back office firm
Suzlon Energy in BCG list of 100 emerging giants
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.
Corporates: ITC Limited, Jindal Steel
ITC Limited
ITC Limited which previously stood for Imperial Tobacco Company of India Limited[1], is one of India's foremost private sector companies with a market capitalisation of more than US $ 15 billion and a turnover of US $ 4.75 billion. Rated among the World's Best Big Companies by Forbes magazine, ITC ranks third in pre-tax profit among India's private sector corporations.
More : http://en.wikipedia.org/wiki/ITC_Limited
---------------------------------------------------
Jindal Steel and Power Limited
Jindal Steel and Power Limited., is India's third largest steel maker after Steel Authority of India Limited and Tata Steel. The company manufacturers sponge iron, mild steel slabs, ferro chrome, iron ore, mild steel, and coal based sponge iron plant. It was founded by O. P. Jindal (1930-2005), who started with a bucket making unit. in 1969 he started Pipe Unit Jindal India Limited. On June 3, 2006, Bolivia granted development rights for its largest, and one of the world's largest iron ore reserves to Jindal Steel. With an initial investment of US$ 1.5 billion, the company plans to invest an additional US$ 2.1 billion over the next two years in the South American country.[1] Savitri Jindal is the 19th richest Indian in the world according to Forbes.
More: http://en.wikipedia.org/wiki/Jindal_Steel
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.
ITC Limited which previously stood for Imperial Tobacco Company of India Limited[1], is one of India's foremost private sector companies with a market capitalisation of more than US $ 15 billion and a turnover of US $ 4.75 billion. Rated among the World's Best Big Companies by Forbes magazine, ITC ranks third in pre-tax profit among India's private sector corporations.
More : http://en.wikipedia.org/wiki/ITC_Limited
---------------------------------------------------
Jindal Steel and Power Limited
Jindal Steel and Power Limited., is India's third largest steel maker after Steel Authority of India Limited and Tata Steel. The company manufacturers sponge iron, mild steel slabs, ferro chrome, iron ore, mild steel, and coal based sponge iron plant. It was founded by O. P. Jindal (1930-2005), who started with a bucket making unit. in 1969 he started Pipe Unit Jindal India Limited. On June 3, 2006, Bolivia granted development rights for its largest, and one of the world's largest iron ore reserves to Jindal Steel. With an initial investment of US$ 1.5 billion, the company plans to invest an additional US$ 2.1 billion over the next two years in the South American country.[1] Savitri Jindal is the 19th richest Indian in the world according to Forbes.
More: http://en.wikipedia.org/wiki/Jindal_Steel
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:
Corporates: ITC Limited,
Jindal Steel
03 December 2007
Know About: 3i , BP
3i
3i Group PLC is a leading venture capital and private equity firm quoted on the London Stock Exchange (LSE: III), and part of the FTSE 100 Index. It was formed by a syndicate of British banks in 1945 to invest in industry. 3i Group was created in 1987 when the banks sold off their stakes to form a public limited company. 3i stands for investors in industry. Today 3i Group is one of the largest publicly traded capital groups in the world, operating worldwide with €1.5bn of new investments made per annum. As of Q3 2005 3i announced it would not be switching to IFRS, as it had agreed with its auditors (Ernst & Young) that it did not need to, based on its structure.
More @ http://en.wikipedia.org/wiki/3i
------------------------------------------------
BP
BP plc (LSE: BP), NYSE: BP, TYO: 5051), formerly known as British Petroleum, is a British energy company / multinational oil company ("oil major") with headquarters in London, England, UK. The company is among the largest private sector energy corporations in the world, and one of the six "supermajors" (vertically integrated private sector oil exploration, natural gas, and petroleum product marketing companies).
More @ http://en.wikipedia.org/wiki/BP
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.
3i Group PLC is a leading venture capital and private equity firm quoted on the London Stock Exchange (LSE: III), and part of the FTSE 100 Index. It was formed by a syndicate of British banks in 1945 to invest in industry. 3i Group was created in 1987 when the banks sold off their stakes to form a public limited company. 3i stands for investors in industry. Today 3i Group is one of the largest publicly traded capital groups in the world, operating worldwide with €1.5bn of new investments made per annum. As of Q3 2005 3i announced it would not be switching to IFRS, as it had agreed with its auditors (Ernst & Young) that it did not need to, based on its structure.
More @ http://en.wikipedia.org/wiki/3i
------------------------------------------------
BP
BP plc (LSE: BP), NYSE: BP, TYO: 5051), formerly known as British Petroleum, is a British energy company / multinational oil company ("oil major") with headquarters in London, England, UK. The company is among the largest private sector energy corporations in the world, and one of the six "supermajors" (vertically integrated private sector oil exploration, natural gas, and petroleum product marketing companies).
More @ http://en.wikipedia.org/wiki/BP
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.
Subscribe to:
Posts (Atom)