Business Today Articles (Dec 30,2007)

Business Today
Latest Issue December 30, 2007


Cover Story
Do you know these guys?
You probably think you do, but don't bet on it. Surprising insights emerge from the survey about the Indian male.
Never too old to rock’n’roll / Swingin' in the south
In the grey zone

News Maker
Newsmaker: Kapil Dev

Leadership Spotlight
Growth driver

BT More
The smart dressing guide
BT More consults experts and gives you a preview of the hottest dressing trends in 2008.

Designers to watch / Gadgets of 2008
Fit as a fiddle The coolest way to be entertained at home
Yours for Rs 10 Lakh / For a few lakhs more…
Get seen here! / Going bubbly
It’s Korean and it’s hot / How to breeze through bingeing
‘Flick’ them on / The cord files
The blue waters beckon / The magical subcontinent
Les desirables

Back of the Book
Tulsi evangelists

Trends
Rupee @ 30? Oh dear!
Kapil Bajaj
As the rupee hit a near-decade high of 39.16 to the dollar on November 7 (it was at 39.49 on December 7), it is becoming clear that the Indian economy must learn to live with a stronger rupee over the medium term at least.
BSE lags other Asian markets
IT largest employer
Mobile sales reach a high
Look out for model CEOs
Net’s share of ads to grow
‘India most dynamic market’
Economy watch
Get a Miro media player for free

Money
The true cost of debt
Insure their dreams
From bitter to sweet
Do multi-caps have an edge?
The new wave of NFOs

Policy Watch China deal on

Letters Now for a cover on SSIs

Jobs Beat the Burnout blues

Current
On the Birla bandwagon
Anand Adhikari
Few can boast a career graph that’s been as meteoric and at the same time as unpredictable as that of Ajay Srinivasan. Close to a decade ago he took charge of Prudential Plc’s Indian asset management company.

Power shifts Billion-dollar dream
ABB: Awed by India Bullish on India
Will funny get the money? IFCI: Hard road ahead
“Most IT projects don’t pay” Escaping IT’s tier II
On Verizon’s horizon School for retailers
Big Bosch Staples’ diet
Shopping in Singapore Northern comfort
Bad trip

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

Source: http://businesstoday.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.

Rediff.com Articles

Rediff.com

'Tax paid by employer is not a perk'
Software MNCs lead in hiring
MNCs in India more profitable: FM'
Insurance? Pay less from next year
Tata on top; yet Ford seeks suitors

Rising Re hammers Indian textiles
Life time super pension
Creating a fortune from scratch
Gopinath on the future of Deccan
Kingfisher-Deccan to raise $250m

Christmas shopping: Great gadget buys

-------------------------------------------
Source: http://www.rediff.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.

Weekly Gainers : Rediff.com

Company Group Prev Close (Rs) Current Price (Rs) % Change
+
Rashtriya Chem&Fert. A
85.65
97.70
+ 14.07
+
Mastek Limited A
297.05
334.90
+ 12.74
+
CMC Ltd. A
1,058.00
1,187.60
+ 12.25
+
Guj. Industries A
115.80
129.90
+ 12.18
+
Gillette India Ltd.
A
1,323.20
1,439.55
+ 8.79
+
Videsh Sanchar N
A
650.80
681.35
+ 4.69
+
Ispat Industries
A
79.05
82.25
+ 4.05
+
Satyam Computer
A
411.10
427.70
+ 4.04
+
Novartis
A
373.30
386.05
+ 3.42
+
Sun Pharma.
A
1,137.10
1,174.20
+ 3.26
+
Infosys Techno.
A
1,646.80
1,698.35
+ 3.13
--------------------------------------------------------

Company
Group
Prev Close (Rs)
Current Price (Rs)
% Change
+
Thomas Cook (I)
B1
91.20
120.65
+ 32.29
+
Allied Digital Servi
B1
582.20
742.05
+ 27.46
+
Anil Products Ltd.
B1
262.00
333.55
+ 27.31
+
Suven Life Sciences
B1
36.80
45.15
+ 22.69
+
SSI Ltd.
T
148.05
179.90
+ 21.51
+
Torrent Gujarat
T
13.76
16.70
+ 21.37
+
Maars Software I
B1
5.88
7.12
+ 21.09
+
Krishna Lifestyle Te
T
3.00
3.63
+ 21.00
+
Essar Shipping
B1
102.80
124.20
+ 20.82
+
Alka India Ltd.
T
1.06
1.27
+ 19.81
+
Pentasoft Tech.
T
2.54
3.04
+ 19.69
+
Astral Poly Technik
B1
177.35
210.95
+ 18.95
+
Swaraj Engines
B1
193.85
229.95
+ 18.62
+
Dwarikesh Sugar
B1
87.65
103.65
+ 18.25
+
Arvind Remedies
B1
4.07
4.80
+ 17.94
+
Gufic BioSciences Lt
T
16.71
19.62
+ 17.41
+
Gayatri Projects
B1
418.00
490.15
+ 17.26
+
Jenson & Nich.
T
14.53
16.82
+ 15.76
+
Sakuma Exports
B1
32.30
36.88
+ 14.18


More @ http://money.rediff.com/money/jsp/weekly_gainer.jsp



Source: http://www.rediff.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 Stories

Single team to run Kingfisher-Deccan combine
Tatas to drive away Jag; Ford accepts $2.05 bn offer
RCom gets FCC nod for Yipes deal
SEBI opens up short-selling for all
Inflation slips but rate cut unlikely
Sarin, Nooyi among world's 20 best business leaders

Ford to announce Jaguar-Land Rover sale to Tata on Friday
Reliance Money to launch portfolio mgmt service
IFC to help microfinance firms use IT in rural areas
Nalco lines up Rs 11k cr for Indonesian project
Tatas want apology from Orient-Express Hotels
Unitech to sell stake in 3 projects for 234 mn pounds

Omaxe gets green signal for Rs 1,800 cr project
Nagarjuna bags Oman project
Tata's retail stores to top 100 by March 2010
Kingfisher-Deccan means big losses too
World Bank debars 2 firms in Indian child health project
Capital Gains: Blue-chip PSUs may pay bonus

Foreign firms eye small broking cos for big break
S&P 'BBB-' to India Infrastructure Finance Co; outlook stable
Phoenix Mills surges on stock split approval
Day after: IFC silver lining for IFCI
The future: Entrepreneurs focus on building long-term value
8 strategies of wise negotiators

Are family-run corporates living up to investor expectations and creating value?



Source: http://economictimes.indiatimes.com/headlines.cms . 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 Business Updates

Myiris.com

Brokers` Outlook: Market to trade in a range
Precision Pipes IPO subscribed 10.35 times on closing
EIL likely to ink JV with Tecnimont SPA
Bajaj Hindusthan makes open offer to Bajaj Hindusthan Sugar
Pearl Global to foray into Infra biz

Inflation at 3.65% on low prices of primary articles, bajra,urad
Sayaji Hotels tie up with Taj Group
Pyramid Saimira & Jnanabanu launches one reel movement
Omaxe` arm gets 25 acres of land in Hyderabad
India becomes auto production hub

Almondz plans entry into MF biz
Nitin Fire in talks for strategic investment
Manaksia IPO subscribed 8.79 times on closing day
Marg Construction plans to enter housing projects
Certification mandatory for intermediaries, brokers: SEBI

Mundra Lifestyle to pump in Rs 3 bn
Bank of Japan keeps rate unchanged
Motilal Oswal PMS becomes subsidiary of MOFS
Kushagra Software mulls JV with Concurrent Infra
Amara Raja to open 500 Powerzone stores

Bajaj Electricals eyes European firms
Future Group to foray into logistics biz, earmarks Rs 4 bn
Welspun acquires 76% stake in Portugal-based Sorema
-----------------------------------------------------------
Moneycontrol.com

Will markets be in an uptrend in Jan?
What is the road ahead for IFCI?
UB Grp to fly combined entity overseas by mid-FY08
Sebi gives nod for short-selling
Tata & JLR brands can co-exist: Ratan Tata

Will mkts react to Sebi order on Monday?
'IFCI-effect' rubbed off on other stocks too
Jagson Airlines to add 8 aircrafts after getting permit
ICICI, Templeton MF buy 10.44 lakh shrs of Jyothy Labs
Reliance MF valued at Rs 10,000cr

Singapore Exchange clears DLF's REIT
Like Patels Airtemp, Mold Tek: Sharekhan AVP
IFCI band may range between Rs 65-75/sh: SP Tulsian
Thomas Cook looks good for long term



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.

SEBI allows short selling by institutional investors: Myiris

SEBI allows short selling by institutional investors


Stock Exchange Board of India (SEBI) decided to allow short selling by institutional investors, hitherto only retail investors were allowed to short sell.

With a view to provide a mechanism for borrowing of securities to enable settlement of securities sold short, it has also been decided to put in place a full-fledged securities lending and borrowing (SLB) scheme for all market participants in the Indian securities market.

The Stock Exchanges and the Depositories have been advised to put necessary systems in place in this regard.

According to the broad framework announced by SEBI, `Short Selling` will be defined as selling a stock that the seller does not own at the time of trade. All classes of investors, viz., retail and institutional investors, will be permitted to short sell.

Further , naked short selling will not be permitted in the Indian securities market and accordingly, all investors would be required to mandatory honour their obligation of delivering the securities at the time of settlement. No institutional investor will be allowed to do day trading i.e., square off their transactions intra-day.

Appropriate action needs to be taken against the brokers for failure to deliver securities at the time of settlement, which shall act as a sufficient deterrent against failure to deliver.To provide with necessary impetus to short sell, a scheme for Securities Lending and Borrowing (SLB) should be in place simultaneous with the introduction of short selling by institutional investors.Those securities that will be traded in F&O segment will be eligible for short selling. Also, at the time of placement of order whether the transaction is a short sale, institutional investors need to disclose upfront

However, retail investors would be permitted to make a similar disclosure by the end of the trading hours on the transaction day.

The brokers shall be mandated to collect the details on scrip-wise short sell positions, collate the data and upload it to the stock exchanges before the commencement of trading on the following trading day. The stock exchanges shall then consolidate such information and disseminate the same on their websites for the information of the public on a weekly basis.The frequency of such disclosure may be reviewed from time to time with


Source: http://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.

Tatas, worlds 3rd most transparent co : Rediff.com

Tatas, world's 3rd most transparent co

Tata Group, easily India's most respected business house, has been named the world's third most accountable and transparent company by Britain's One World Trust although US hotel chain Orient-Express has not found it worthy of an alliance.According to Rob Lloyd, the report's lead author, the assessment is a measure of the extent to which organisations have the policies and systems in place to enhance consistent and coherent accountability to the people they affect."The report ranked GE and GlaxoSmithKline [Get Quote] number one and two most transparent and accountable companies.Tata Group, was however, considered ahead of Coca-Cola, Petrobras, HSBC Holdings, PriceWaterCooopers International and Google, when measured on the parameters of transparency and accountable leadership among global companies.

More on the above @ Tatas, world's 3rd most transparent co


Other Rediff stories:

Business highlights 2007
Sebi gives nod for short selling
Orient Express: Tatas seek apology
Careers: Are you ready for the 21st century?

MCA: Opening doors for a global career in IT
Sabarimala, Kumbh: World's top holy spots
Career change: Why they chose to do an MBA



Source: http://www.rediff.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.

Sarin, Nooyi among worlds 20 best biz leaders : Sify

Sarin, Nooyi among world's best biz leaders

Reaffirming the now unmistakable presence of Indians in the World Inc, two multinationals PepsiCo and Vodafone, which are headed by people of Indian origin, have found a place in a list of the world's 20 best companies for leaders.

While Chennai-born Indra Nooyi is the Chairman and CEO of soft drink major PepsiCo, Arun Sarin, who hails from Madhya Pradesh, is the CEO of the world's second largest mobile operator Vodafone.

Vodafone debuted at 20th rank in this year's list, prepared by consulting firm Hay Group and Chief Executive Magazine. PepsiCo is down to 7th position from its third rank last year.
In the 2006 list, Citigroup, now headed by another Indian origin banker Vikram Pandit, was ranked at fourth. However, it does not find a place in this year's list. Nagpur-born Pandit was named as the CEO of Citigroup earlier this month, after his predecessor Charles Price stepped down last month.

American conglomerate General Electric (GE) has topped the list for the second year in a row, while Procter & Gamble has retained its second position this year.

• Check out our Yearender Special

The maximum number of companies are from the US (11), while eight are from Europe and one from Asia. There is not a single Indian company on the list. The annual survey considered a total 790 companies, that included 47.1 per cent headquartered in Europe, 31.2 per cent in North America, 15 per cent in Asia-Pacific, and the rest in Middle-East, Africa and South and Central America.

GE and P&G are followed by Johnson and Johnson, Unilever and Coca-Cola in the top five. Others are Siemens (6), L'Oreal (8), Toyota (9), HP (10), GlaxoSmithKline (11), Novartis (12), Pfizer (13), HSBC (14), 3M Co (15), Eli Lily (16), BASF (17), McDonald's (18) and Amgen (19).


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.

Indias richie rich : Sify.com

India’s richie rich!

India Inc has a new breed of billionaires this year. Find out the new faces and how they made it to the elite list.

Soaring stock markets and skyrocketing property prices are paving way for a new breed of Indians - the billionaire businessmen! The country is the home of about 54 billionaires as on date (as per Forbes.com), whose collective networth has doubled compared to last year and has touched $351 billion.This is second highest number in Asia after China. It's not just the game of Ambanis any more. New entrants like K.P Singh, GautamAdani and others have also joined the richie rich league, thanks to the soaring Sensex!

Here's a compilation of the country's richest men.

Links: Start and elite list.



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.