27 December 2007

Influential tech gizmos : Sify Year-end special

Year-end special: Influential tech gizmos

The year 2007 was good for technology fans. Whether you were largely desktop bound or constantly on the go, this year's technology products went some way towards making your life easier, more fun or more productive. But a few stood out — not necessarily because they broke new ground but because it was clear that their influence would be felt well into the future. Whether you own one of these products or not, it's likely that their presence will have an impact on how you work or play in the year to come.


More @ http://sify.com/finance/fullstory.php?id=14576886


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Sensex, Nifty end with small gains : Sify Finance

Sensex, Nifty end with small gains
Nifty at 6950, Sensex 22880 by July 2008
India's Sensex Has Longest Winning Run

NSE 6081.50 10.75
BSE 20216.72 24.20

The market, despite mixed global cues, opened on a high note this morning. Barring information technology stocks, other blue chips surged higher in early trade and quite a few of them held on to their gains thanks to selective buying support even as the benchmark indices Sensex and Nifty drifted lower around noon.

As the mood turned highly cautious, large and midcap stocks had a highly choppy afternoon session today. The Sensex did manage a smart rally around mid-afternoon but declined sharply once again following a fairly strong bout of resistance.

All through this, smallcap stocks held firm thanks to sustained buying interest. The Sensex, which opened at 20,301.05 and edged up to 20,323.76 in early trade today, ended the session at 20,216.72 with a gain of 24.20 points or 0.12%, and Nifty closed with a gain of 0.18% or 10.75 points at 6081.50, around 30 points down from its intra-day high of 6110.85. While the Sensex touched a low of 20,159.73 today, the Nifty had eased to 6060.20 in afternoon trade.

Among the sectoral indices, the Consumer Durables index finished with a strong gain of 1.79%. The Bankex, FMCG, Metal and PSU indices ended stronger by 0.7% - 1% while the Power index moved up by 0.34%. BSE Oil & Gas edged up marginally while the Capital Goods index ended with a small loss. The Auto, IT, Healthcare, Realty and Teck indices lost 0.25% - 0.75%.
Though as many as 14 Sensex components ended in the positive territory, only HDFC Bank (2.8%), Wipro (2.55%), ICICI Bank (1.85%), ITC (1.85%), Tata Steel (1.55%) and Reliance Energy (1.1%) closed with sharp gains.

Hindalco, which failed to find support at higher levels, ended 0.7% up at Rs 210.80, more than Rs 5 down from its intra-day high of Rs 216.05. HDFC, ONGC, Hindustan Unilever, NTPC, Tata Consultancy Services, Maruti Suzuki and BHEL finished with marginal gains.

Tata Motors lost a little over 2%. Satyam Computer Services (down 1.7%), Reliance Communications (down 1.65%) and Bharti Airtel (down 1.65%) also declined sharply. Ranbaxy Laboratories, Larsen & Toubro, Grasim Industries, State Bank of India, Mahindra & Mahindra and Infosys Technologies lost 0.5% - 1%. Cipla, Ambuja Cements, DLF and Bajaj Auto also closed on a weak note. Reliance Industries and ACC ended with small losses.

Nalco, which shot up by 9.25%, was the biggest gainer in the Nifty pack. Idea Cellular, Suzlon Energy, SAIL, Sterlite Industries and Cairn India also ended on a firm note.

Reliance Petroleum, Sun Pharmaceuticals, HCL Technologies, Zee Entertainment, Punjab National Bank and ABB ended with sharp losses. Shipping Corporation of India vaulted 13.85% to Rs 294.35. Nirma, Mirc Electronics, CMC, Raymond, Alok Industries, HTMT Global, Tata Elxsi, Castrol India, Adani Enterprises, Rashtriya Chemicals & Fertilizers, Indo Rama Synthetics, Sterling Biotech, GE Shipping, Aventis Pharma, JSW Steel and Hinduja Ventures posted impressive gains.

Midcap stocks ISMT, Tulip IT, ABG Shipyard, Educomp Solutions, Crisil, Emami, Motherson Sumi, 3M India, India Infoline, Gujarat NRE Coke, Infotech Enterprises, Aptech, Vishal Retail, SpiceJet and REI Agro had a bright outing today.

Sagar Cements, KRBL, Kalindee Rail Nirman Engineers, ICSA, Era Constructions, Suven Life, Federal Mogul Goetze, Hindustan Organic Chemicals, Gwalior Chemicals, Inox Leisure, Cosmo Films, Nelcast, BSEL Infrastructure, Rain Commodities, Everonn Systems, Mercator Lines and Karuturi Network were among the big gainers in the Smallcap index, which shot up by 2.32% today.

Thanks to widespread buying in midcap and smallcap space, the market breadth remained pretty strong today. Out of 2953 stocks traded on BSE, 2069 stocks ended with gains. 841 stocks posted losses and 43 stocks ended at their previous closing levels.

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Blogger Malik among top 25 web celebs
The rise and rise of Indian investment in UK
Mid & small-cap stocks maintain momentum
MindTree Consulting buys TES
UTI MF to open 53 branches in next 3 months

L&T to invest Rs 1800 cr in oil & gas, port sectors
IDFC Q3 results on Jan 14
iGate Global Q3 results on Jan 9
Parsoli, Moneycontrol in pact for Islamic investment
Jindal Steel gets nod for stock split

PTL Enterprises to split each share into five
Time Technoplast unit buys Bahrain battery maker
A fair demand for bonus shares
Sundaram-Clayton to complete brakes biz demerger by Feb
Indowind issues Rs 118-cr FCCBs

No new entrants in top 10 advance taxpayers’ league



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26 December 2007

ET Top Stories

http://economictimes.indiatimes.com/


Now, India tops list of top microfinance institutions
Sensex closes above 20,000
Govt earns $9.16 bn from tourism
India needs $150 bn investment in energy sector in 5 years
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Mukesh trails Anil in creating wealth for investors
Pride Hotels Group plans IPO in 2008
Media looks beyond content code, ad rates & sting ops
Religare Picks: Mercator Lines, KPR Mill

Rural India to spend $3.5 bn on consumer goods
UB group raises stake in Deccan Aviation by 3%
Spa, yoga adding value to Brand India
idream:: ET 2007 Year End Special Issue - Share your dreams with us

India set to mint money for neighbours
India Inc bets big in 2007
Sixty cars that will rock India in 2008
Beating India Inc in market game, PSUs also fought for turf

Videocon plans to generate 5,000 MW power
XL Telecom to enter into power generation
L&T gets orders worth $190 mn
Coal India plans Rs 4,500-cr unit in JV with UP power co
Spice to sell 875 telecom towers
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India Inc to have easier M&A ride
One-person company is a great prospect for lone entrepreneur
Nominations kick off for next SEBI chief
Stocks to buy: M&M, Jaiprakash Hydro, GMR Infra, TCL

World's top IPO worth $8-bn; India's total worth just $8.3-bn
2008: Newsmakers in the Financial sector



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.

Sensex among top performers in 2007

Sensex among top performers in 2007

India's BSE Sensex has been among the top performers in 2007. If we keep China’s Shanghai Composite aside, which has given a return of over 95%, India stands second with a return of 44% just below Jakarta which gave return of 47%. Brazil and Hang Seng gave smart returns of over 40% followed by Korea and Strait Times. Taiwan was almost flat and Nikkei 225 gave negative return of -11.43%.

Also Sensex has been consistent in and has given areturn of over 40% in the last three years. In 2005 it gave a return of over 42% and in 2006 it was up over 46%.


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

Myiris, Moneycontrol UPdates

Myiris.com

Brokers` Outlook: Market view `bullish` for Thursday
VSNL sells 10% stake of its arm in Sri Lanka for Rs 75 mn
MFs remain net buyers in equities worth Rs 8,301 mn on Dec. 24

Escorts FY07 consolidated loss narrows to Rs 55.10 mn
Refex Refrigerants partners with TV 18
Power sector calls for USD 150 bn investment
Rain Commodities board to consider allotment of shares to Rain Calcining
L&T bags Rs 4.33 bn project of Muscat Golf Course

Mirae Asset to launch Asia Pacific Opportunities Fund
Videocon to foray into power biz; plans USD 5 bn investment
Foreign funds acquire 7.5% stake in India Cements
XL Telecom to enter into power generation segment
Gemini bags order worth Rs 2.6 bn

Usher Agro to raise Rs 1 bn from equity placement
Sun TV launches FM station at Vijayawada
IDFC PE invests Rs 2.6 bn in Goodearth Maritime
Sujana Towers to invest Rs 2.5 bn for growth
SAIL to invest Rs 200 bn in WB

ONGC-Mittal JV wins 2 gas blocks
Gujarat NRE buys Australia-based mine

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Moneycontrol.com

Jan to be good month for mkts, feel experts
Midcap stocks you shouldn't ignore!

Experts still optimistic about IT stocks
Franklin Templeton sees 15% Q1 Sensex growth
How have sectors fared in X’mas–New Yr wk?
Sectoral gainers in last 4 sessions

What to include in your '08 wish list?
Buy Pidilite Industries: Bhambwani
Record flows by FIIs; over $16 bn in...
BoI looks to dilute 5% via QIP

Dabur to foray into milk and fruit-based drinks
Motilal Oswal ranked as having Best Country Research
Indowind Energy completes USD 30mn FCCB
Post-Feb, new disclosure norms for MF holders

Sensex among top performers in 2007


Source: 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.

IPOs: India 5th largest market

IPOs: India 5th largest market
Rediff India

Indian bourses saw over $8 billion worth of initial public offers in 2007, but this is just a shade higher than the world's single-largest IPO that was brought by a Russian company, latest data show.
The worldwide IPO activity raised a record capital of $255 billion till November in 2007, including $8.3 billion on Indian bourses, according to data compiled by international consultancy firm Ernst and Young.
India was the fifth largest market in terms of number of IPOs and seventh largest in terms of the proceeds for the year, E&Y said.
There were 95 IPOs in the first 11 months, while the preliminary data for the month of December shows that the total number for the year would be more than 100, it noted. China came tops with total IPO proceeds of $54.4 billion through 222 issues.
Globally, there were as many as 1,739 IPOs between January and November, while another 91 public issues are estimated to have hit the capital markets during December. The largest IPO of the year came from Russia's VTB Bank, which alone raised $8 billion.
In India, the largest IPO of the year was brought by realty giant DLF which raised about Rs 9,187.50 crore (more than $2 billion).
E&Y said the strength of India's economy, stock market, corporate profits and private equity fuelled IPOs in 2007. In the previous year, the market had seen 78 IPOs raising $7.23 billion.
The study said 14 of the top 20 IPOs were from emerging BRIC markets and the surge in Indian IPO activity was a clear reflection of the growth in the Indian economy and the investor's confidence.
Together, the four BRIC countries -- Brazil, Russia, India and China -- have raised $106.5 billion in 382 deals so far this year compared to $89.6 billion raised in 302 deals in the same period of 2006.
Asia-Pacific accounted for 46 per cent of the worldwide IPO league, ahead of Europe, the Middle East, and Africa (EMEA) which together accounted for 35 per cent and North America with 14 per cent.
EMEA and Asia-Pacific have the greatest market share of capital raised with 38 per cent and 32 per cent, respectively, eclipsing North America (16 per cent) and Central and South America (14 per cent).
Despite accounting for only 4 per cent of the total number of IPOs so far this year, HKSE was the leading exchange by capital raised, attracting a 13 per cent market share, mainly due to having some of the year's largest listings, including China CITIC Bank and China Railway.
NYSE was ranked second in terms of capital raised (11 per cent), attracting 3.6 per cent of total listings driven by a number of large US deals, including Blackstone Group and MF Global.
Although only 2 per cent of IPOs through November listed on LSE, it attracted 10 per cent of the capital raised, mainly through a few large Russian deals, including VTB Bank and Pik Group.

Other Rediff stories

5 trends that will transform society
Business highlights 2007
Inter-bank ATM use may be free
B-schools don't make CEOs



Source: 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.

Biz Newsmakers 2007 : Rediff India

Biz Newsmakers 2007
The year India Inc made it big.


Fantastic is the only way one could describe what 2007 has been like for Ratan Naval Tata, the chairman of Tata Group.
He led India's largest corporate house to the nation's biggest overseas acquisition on January 31, when Tata Steel -- after a long drawn battle -- pipped Brazil's CSN to acquire Anglo-Dutch steelmaker Corus for $13.2 billion. The merger created the fifth largest steel producing entity in the world.
Tata's brainchild, the Rs 1 lakh People's Car (which will be unveiled in New Delhi on January 10, 2008), was one of the most hotly discussed and debated issues of 2007. And while the Tatas get ready to launch the car in the Indian markets, the company has gone ahead and bid $2.05 billion to buy out British marquees Jaguar and Land Rover from Ford. Reports indicate that the Tatas have emerged as the preferred bidder for the two iconic brands of Ford Motors.

Also, during 2007, Tata firm Indian Hotels bought the Ritz-Carlton, Boston, while Tata Coffee acquired the US coffee chain Eight O'Clock.
The Tata Group was also named the world's third most accountable and transparent company in 2007 by Britain's One World Trust. Tata beat Coca-Cola, HSBC, PriceWaterCooopers and Google, when measured on the parameters of transparency and accountable leadership among global companies.

The annual Global Accountability Report also considered Tata Group at number 10, among the world's 30 most powerful organisations from the inter-governmental, non-governmental and corporate sector, to be accountable to civil society, affected communities and wider public.

More on this story @ Biz Newsmakers 2007

Have you checked out our Year-end Specials?


Source: 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.

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

VCCircle.com

Warburg Pincus Buying Up Shares In Amtek India; UTI Ventures Sells In Moschip
Delhi’s IT Peripheral And Electronics Firm Intex Plans IPO Or Private Equity Placement
US-Based Venus Capital Plans India-Focused PE, Real Estate Products

GBN Gets Government Nod To Induct 26% FDI Worth Rs 500 Crore
Government Set To Simplify M&As; To Bypass High Courts For Merger Approval
State Bank of Mauritius Interested In A Stake In Centrum Capital

M&A Roundup: Wipro-Capgemini; LT Overseas Buys US Rice Firm; Guj NRE Coke Buys Aussie Mine
Info Edge To Raise Upto Rs 500 Crore; Raises FII Limit To 40%
Orient Global Invests $241 Million In India Infoline And Insurance Subsidiary

“Hotels Offer Higher Margins, While Airline Is Commoditised”
Retail M&A: Bharti Eyeing Big Apple; Pantaloon Buys Stake In MyDollarStore
Citigroup Venture Capital Plans To Flip Some Stake In Sharekhan

QVC Realty To Invest $200M In New, Existing Real Estate Projects
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IndiaPE.com


Foreign funds acquire 7.5% in India Cements for Rs 592 cr
IDFC IDFC PE invested Rs. 260 Cr in Goodearth Maritime
Arab funds vie for India investment

Nashik Co-operative Bank acquired by Saraswat Bank
Japan's ITOH acquires 5% in Jayant Ago
Temasek leads 'PE'cking order

State Bank of Mauritius eyes stake in Centrum Capital
Funds to pick upto 15% stake in Dunlop
Orient Global to pick up 6.48% in India Infolline

Domestic M&A on the decline: Study
Future Capital picks up 28% in Sankalp Stores
Reliance Entertainment to sell 5%, eyes movie business

Reliance Capital's subsidiary invests in US firm Stoke Inc
Merrill May Buy Stake in India's Sharekhan
PE firms line up to buy teams in Indian Premier League



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.

Deadpresident Blog Updates

http://www.deadpresident.blogspot.com


Post Market Commentary
Bulk Deal Watch
Novartis

Sensex moves above 20000
Market Close : Party mood continues...!
Indiainfoline

Post Session Market Commentary
Sensex garners 338 points
Sensex ends on bullish note

Daily Trading Calls
Grey Market Premium - Transformers, Brigade, BGR
Daily Technical Futures - Dec 26 2007

Morning Notes, Cinemax
Bullish trend may continue
Trading Calls

MIC Electronics
Transformers and Rectifiers IPO Allotment



Source: http://www.deadpresident.blogspot.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.