05 December 2007

Myiris, Money Control.Com Stories

Myiris.Com

Brokers Outlook: Fed meet next trigger for markets
Centre to launch New Fertilizer Investment Policies:Paswan
FM approves 16 FDI proposals worth Rs 6474.7 mn
GTL buy backs equity shares
EPIC Energy introduces GSM enabled REMS
Fortis Healthcare plans USD 500 mn investment

ONGC Videsh may strike alliance with Hinduja`s
Holcim increases stake in Ambuja Cements to 46%

----------------------------------------------------------
MoneyControl.Com

IOB, Escorts, HPCL are top picks for Dec: Experts
Reliance seeing $10-15 bn upstream acquisition
Hind Motors has target of Rs 65
Kingfisher-Deccan merger may be on the anvil
Will new midcaps be a part of tomorrow’s rally?
DLF plans mutual fund biz in India with Prudential

May up promoters' stake in key grp cos to 51%: Ratan Tata
Indian Overseas Bank can touch Rs 198-214: N Pillai
Chambal Fertilisers has target of Rs 102: Gujral
Oil space foray generates interest in Videocon
Welspun Gujarat can touch Rs 540: Anu Jain
Stocks to watch: Ispat,Tata Motors, Gail

Angel Broking bullish on Tata Steel, SAIL
WWIL surging higher on some corporate action
Videocon Ind may hive off power biz




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.

Sensex rebounds, ends 209 pts up: Sify India

Sensex rebounds, ends 209 pts up

NSE 5940.00 81.65
BSE 19738.07 208.57

Unperturbed by weakness exhibited by stocks on the US and Asian bourses, the bulls entered the ring with firm conviction this morning, and despite turning a bit restless at times, remained fairly busy till mid afternoon. After that, with a positive start on the European markets boosting the sentiment, they went on a rampage and drove the market to a buoyant close today.
Till about the final hour, only a few select stocks, notably those from auto and oil sectors, were seen trading firm. However, as the mood turned upbeat, stocks cutting across sectors rallied higher and posted smart gains.

While the Sensex, which rose to a high of 19,790.92 in late afternoon trade, ended the day with a gain of 208.57 points or 1.07% at 19,738.07, the Nifty ended with a gain of 1.39% or 81.65 points at 5940, a few points off its intra-day high of 5949.30.

ONGC, which moved up by 4.3% to Rs 1206.30, gained the most among the Sensex components. Tata Motors, which rallied to a high of Rs 783 on sustained, buying support, ended the session with a handsome gain of 3.95% at Rs 771.75. Banking sector heavyweights State Bank of India (2.85%), ICICI Bank (1.9%) and HDFC Bank (1.65%) rebounded smartly during the final hour and ended on a firm note.

Hindalco gained 2.85%. Cipla notched up a gain of 2.5%. NTPC (2.15%), Larsen & Toubro (1.9%), Reliance Industries (1.4%), Ranbaxy Laboratories (1.35%) and Bajaj Auto (1.15%) finished with impressive gains. Reliance Communications, DLF, Wipro, Maruti Suzuki and ACC ended with modest gains. ITC, BHEL, Mahindra & Mahindra, Bharti Airtel, HDFC and Tata Consultancy Services settled marginally higher than their previous closing levels.

Tata Steel, Infosys Technologies, Satyam Computer Services, Grasim Industries, Reliance Energy, Ambuja Cements and Hindustan Unilever closed weak due to lack of support.
The market reacted favourably to GAIL India signing a memorandum of understanding with Reliance Industries for. The stock zoomed 9.55% to Rs 481.40 today. Hindustan Petroleum Corporation recorded a smart gain of 6.45%.

BPCL, Sun Pharmaceuticals, GlaxoSmithKline Pharma, Reliance Petroleum, Unitech, Nalco, Siemens, Zee Entertainment, Dr. Reddy's Laboratories, SAIL and Tata Power were the other prominent gainers from the Nifty. Ispat Industries zoomed by nearly 25% on strong volumes. FDC vaulted 20%. HMT, Syndicate Bank, Tata Elxsi, Nestle, IndusInd Bank, Neyveli Lignite Corporation, Vijaya Bank, Apollo Tyres, Escorts and Dena Bank moved up by 7% - 10%. BASF India, JB Chemicals, Lanco Infratech, Jindal Saw and Power Finance also ended with handsome gains.

Zee News, Wire & Wireless, SRF, Networth Financial Services, Essar Shipping, Development Credit Bank, Shiv Vani Oil, MindTree Consulting, GTL Infrastructure, Redington India, Apollo Tyres, Eicher Motors, Nagarjuna Constructions and Global Broadcast News were some of the big gainers from the midcap space.

Kajaria Ceramics, Kemrock, Unity Infraprojects, JBF Industries, FDC, Visa Steel, Aarti Industries, Hindustan Motors, Gwalior Chemicals, Garden Silks, Mahindra Forgings, Apar Industries, Supreme Petro, Link House, Viceroy Hotels, Crest Animations, Mukand and Roman Tarmat were among the strong gainers in the smallcap index.

Thanks to widespread buying, the market breadth was highly positive today. Out of 2891 stocks traded on BSE, 2164 stocks finished on a winning note. 687 stocks ended weak and 40 stocks ended unchanged from their previous closing levels.


Other Top Stories @ www.sify.com/finance

Dish TV to raise Rs 250 cr
Visesh Infotecnics raises $10 m
ONGC Videsh, Hindujas may tie up
FII registrations set to top all-time high
BFSI is private equity's hot spot
Mutual fund assets take a 3.3% dip
Kamat buys 60% stake in Concept Hospitality
JSW Steel Nov crude steel production up 16%

Indiabulls gets clean chit in IPO scam
Deal with Reliance pushes up GAIL
Ashok Leyland down as Nov sales dip
REL promoters keen on insurance cos stake



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.

04 December 2007

Know About: BCG, McKinsey

Boston Consulting Group

The Boston Consulting Group (BCG) is a prestigious management consulting firm founded by Bruce Henderson in 1963. The company was formed when Henderson, a Harvard Business School alumnus, left Arthur D. Little to accept the challenge from the CEO of the Boston Safe Deposit and Trust Company to start a consulting arm for the bank.In 1965 Henderson thought that to survive, much less grow, in a competitive landscape occupied by hundreds of larger and better-known consulting firms, a distinctive identity was needed, and pioneered "Business Strategy" as a special area of expertise for BCG.

More: http://en.wikipedia.org/wiki/Boston_Consulting_Group


--------------------------------------------------------------

McKinsey & Company

McKinsey & Company is a privately owned management consulting firm that focuses on solving issues of concern to senior management in large corporations and organizations.
Known among its employees simply as "The Firm" [1], James O. McKinsey & Company was founded in Chicago in 1926 by James O. ("Mac") McKinsey. McKinsey was a professor at the University of Chicago who pioneered budgeting as a management tool. Marshall Field's became a client in 1935, and soon convinced James McKinsey to leave the firm and become its CEO; however, he died unexpectedly in 1937.

More: http://en.wikipedia.org/wiki/McKinsey_%26_Company



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.

MoneyToday Magazine Articles

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.

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.

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.

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.

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.

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.