Moneycontrol.com
Indian valuations can get re-rated like China: ICICI Pru
Mkts in midst of structural bull-run: Edelweiss
Ford to focus on detailed talks with Tata Motors
Fuel price hike not the only option: Murli Deora
Outlook ahead: IT, banking, power
Burnpur Vs BGR: Which one made you richer?
Quiet day of trading despite global weakness
Immediate focus on excess cap inflows: Reddy
BoB may divest 12.5% stake in UTI AMC IPO
TN govt threatens to nationalise cem cos
Stellar Listing for BGR Energy Systems IPO
Deutsche Bank expects 25 bps Fed cut in Jan
-------------------------------------------
Myiris.com
FIIs turn net sellers in equities worth Rs 2,445 mn on Jan. 2
Indo Asian Fusegear starts new Switchgear plant
Jindal Saw secures orders worth USD 250 mn
SAIL & Tata Steel forms JV for coal mining in India
Brokers Outlook: Volatility to continue
GM Breweries Q3 net jumps 86.02%
Tulip IT Services secures project worth Rs 577.2 mn
Reliance MF launches Natural Resource Fund
Parsvnath to to set up Pharma SEZ in Nanded
Equity funds outperform in 2007
Genus Power secures Rs 1.25 bn order
GVK Power gets orders worth Rs 1.25 bn
SAIL Q3 results on Jan 29
Jindal Steel gets Bolivian Govt.`s approval for steel plant
Celestial Labs net dips 45.55% for Dec`07 qtr
Supreme Infra. bags Rs 720 mn order from TMC
IOC may tie up with Peerless to sell financial products
MTNL may get pan-India mobile licence
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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.
03 January 2008
CoolAvenues Top Job alerts
www.coolavenues.com
Finance / Banking Positions
Finance Executive : Big 92.7 FM
http://www.coolavenues.com/jobs/1207_1_1511.php
Research Specialist : A Leading Pan-European Investment House http://www.coolavenues.com/jobs/1207_1_1502.php
Country Manager : A Leading Global Cold Storage http://www.coolavenues.com/jobs/1207_1_1503.php
Debt Dealer : A Leading AMC in India http://www.coolavenues.com/jobs/1207_1_1504.php
Information Research Analyst : 100% Subsidiary of a Leading Bank http://www.coolavenues.com/jobs/1207_1_1521.php
Manager - Quality : One of the Big Four Consulting Organizations http://www.coolavenues.com/jobs/1207_1_1525.php
Manager - Business Planning & Analysis : A Leading Insurance Company http://www.coolavenues.com/jobs/1207_1_1527.php
VP / Sr. VP - Emerging Corporates : A Leading Private Sector Bank http://www.coolavenues.com/jobs/1207_1_1526.php
AVP - Finance : Largest Electronic Channel http://www.coolavenues.com/jobs/1207_1_1528.php
Relationship Manager - Banc Assurance : A Leading Insurance Company http://www.coolavenues.com/jobs/1207_1_1538.php
Associate Manager - Corporate Sales : A Leading Insurance Company http://www.coolavenues.com/jobs/1207_1_1539.php
Business Manager : A Leading Global Investment Bank http://www.coolavenues.com/jobs/1207_1_1544.php
---------------------------------------------------------
Operations Management
General Manager - OOH Division (Big Street) : Big 92.7 FM http://www.coolavenues.com/jobs/1207_1_1513.php
Country Manager : A Leading Global Cold Storage http://www.coolavenues.com/jobs/1207_1_1503.php
Team Leader - Operations : A Leading Bank http://www.coolavenues.com/jobs/1207_1_1519.php
Manager - Quality : One of the Big Four Consulting Organizations http://www.coolavenues.com/jobs/1207_1_1525.php
Head / VP - Manufacturing (India) - Plastic Packaging (Blow & Injection) : One of the Top-3 Global Giants in Plastic Packaging / Processing http://www.coolavenues.com/jobs/1207_1_1541.php
---------------------------------------------------------
Finance / Banking Positions
Associate / Sr. Associate / AVP / VP - Private Equity : A Leading Global Private Equity http://www.coolavenues.com/jobs/1207_1_1482.php
Senior Manager : A Leading Insurance Company http://www.coolavenues.com/jobs/1207_1_1483.php
Associate : A Leading KPO http://www.coolavenues.com/jobs/1207_1_1484.php
Multiple Openings in Asset Reconstruction : One of the Leading Fortune 500 Investment Banks http://www.coolavenues.com/jobs/1207_1_1485.php
Opening in Internal Audit : A Leading Global Fortune 500 Company http://www.coolavenues.com/jobs/1207_1_1486.php
Source: 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.
Finance / Banking Positions
Finance Executive : Big 92.7 FM
http://www.coolavenues.com/jobs/1207_1_1511.php
Research Specialist : A Leading Pan-European Investment House http://www.coolavenues.com/jobs/1207_1_1502.php
Country Manager : A Leading Global Cold Storage http://www.coolavenues.com/jobs/1207_1_1503.php
Debt Dealer : A Leading AMC in India http://www.coolavenues.com/jobs/1207_1_1504.php
Information Research Analyst : 100% Subsidiary of a Leading Bank http://www.coolavenues.com/jobs/1207_1_1521.php
Manager - Quality : One of the Big Four Consulting Organizations http://www.coolavenues.com/jobs/1207_1_1525.php
Manager - Business Planning & Analysis : A Leading Insurance Company http://www.coolavenues.com/jobs/1207_1_1527.php
VP / Sr. VP - Emerging Corporates : A Leading Private Sector Bank http://www.coolavenues.com/jobs/1207_1_1526.php
AVP - Finance : Largest Electronic Channel http://www.coolavenues.com/jobs/1207_1_1528.php
Relationship Manager - Banc Assurance : A Leading Insurance Company http://www.coolavenues.com/jobs/1207_1_1538.php
Associate Manager - Corporate Sales : A Leading Insurance Company http://www.coolavenues.com/jobs/1207_1_1539.php
Business Manager : A Leading Global Investment Bank http://www.coolavenues.com/jobs/1207_1_1544.php
---------------------------------------------------------
Operations Management
General Manager - OOH Division (Big Street) : Big 92.7 FM http://www.coolavenues.com/jobs/1207_1_1513.php
Country Manager : A Leading Global Cold Storage http://www.coolavenues.com/jobs/1207_1_1503.php
Team Leader - Operations : A Leading Bank http://www.coolavenues.com/jobs/1207_1_1519.php
Manager - Quality : One of the Big Four Consulting Organizations http://www.coolavenues.com/jobs/1207_1_1525.php
Head / VP - Manufacturing (India) - Plastic Packaging (Blow & Injection) : One of the Top-3 Global Giants in Plastic Packaging / Processing http://www.coolavenues.com/jobs/1207_1_1541.php
---------------------------------------------------------
Finance / Banking Positions
Associate / Sr. Associate / AVP / VP - Private Equity : A Leading Global Private Equity http://www.coolavenues.com/jobs/1207_1_1482.php
Senior Manager : A Leading Insurance Company http://www.coolavenues.com/jobs/1207_1_1483.php
Associate : A Leading KPO http://www.coolavenues.com/jobs/1207_1_1484.php
Multiple Openings in Asset Reconstruction : One of the Leading Fortune 500 Investment Banks http://www.coolavenues.com/jobs/1207_1_1485.php
Opening in Internal Audit : A Leading Global Fortune 500 Company http://www.coolavenues.com/jobs/1207_1_1486.php
Source: 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.
Deadpresident and other Blog Updates
http://www.deadpresident.blogspot.com
Free Job Listing & PR Listing
Analysts Meet - Reliance Power
NSE Burnpur Deals
Market Close: Global weakness weighs
Nifty January 2008 futures at discount
BGR Energy Systems - rewards investors well
Burnpur Cement - the stunner
Nucleus Software Exports
India IT, HPCL, IOC, Castrol, Colgate, Automobiles
Post Market Commentary - Jan 3 2008
Sensex dips on US recession fears
Market drifts lower
HDFC Real Estate PMS
Balaji Telefilms
Mindtree Consulting
Oil worries may drag market
Grey Market - Future Capital, Reliance Power
Lower start, raise your standard
Reliance Power - Part Payment Option
Ahluwalia Contracts India
REITs - Positive for Real Estate
Q3FY2008 IT Earnings Preview
NSE Bulk Deal Watch - Jan 3 2008
India best performing markets
Precious metals glitter
Crude at $100
Reliance Energy - the story
Reliance Power - the biggest IPO to hit the market...
Best Regional Investors in India
-----------------------------------------------------------------------
http://freestocktips-2007.blogspot.com/
Fedders Lloyd Corporation Ltd.
Company:Fedders Lloyd
Corporation Ltd.Industry:Air Conditioners
Recommendation:Performer
MOre @ Fedders Lloyd Corporation Ltd.
Company:Fedders Lloyd Corporation Ltd.
----------------------------------------------
Company:Bayer Cropscience Ltd.
Industry:Pesticides/Agro Chemicals
Recommendation:Performer
More @ Bayer Cropscience Ltd Stock Report
------------------------------------------------
Source: Above blogs/sites. 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.
Free Job Listing & PR Listing
Analysts Meet - Reliance Power
NSE Burnpur Deals
Market Close: Global weakness weighs
Nifty January 2008 futures at discount
BGR Energy Systems - rewards investors well
Burnpur Cement - the stunner
Nucleus Software Exports
India IT, HPCL, IOC, Castrol, Colgate, Automobiles
Post Market Commentary - Jan 3 2008
Sensex dips on US recession fears
Market drifts lower
HDFC Real Estate PMS
Balaji Telefilms
Mindtree Consulting
Oil worries may drag market
Grey Market - Future Capital, Reliance Power
Lower start, raise your standard
Reliance Power - Part Payment Option
Ahluwalia Contracts India
REITs - Positive for Real Estate
Q3FY2008 IT Earnings Preview
NSE Bulk Deal Watch - Jan 3 2008
India best performing markets
Precious metals glitter
Crude at $100
Reliance Energy - the story
Reliance Power - the biggest IPO to hit the market...
Best Regional Investors in India
-----------------------------------------------------------------------
http://freestocktips-2007.blogspot.com/
Fedders Lloyd Corporation Ltd.
Company:Fedders Lloyd
Corporation Ltd.Industry:Air Conditioners
Recommendation:Performer
MOre @ Fedders Lloyd Corporation Ltd.
Company:Fedders Lloyd Corporation Ltd.
----------------------------------------------
Company:Bayer Cropscience Ltd.
Industry:Pesticides/Agro Chemicals
Recommendation:Performer
More @ Bayer Cropscience Ltd Stock Report
------------------------------------------------
Source: Above blogs/sites. 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.
BGR Energy, Burnpur IPO listings ended with Good premium
BGR Energy Systems ends with 88% premium
BGR Energy Systems, a supplier of systems and equipment for the power, oil & gas, refinery, petrochemical and process industries, has closed at Rs 902, up 87.92% over its offer price of Rs 480 per share. The stock has hit a high of Rs 922.70 and remained above Rs 900 for most part of the day on the NSE.
The turnover was at Rs 740 crore and it traded with volumes of 82,29,039 shares.
BG Raghupathy, CMD, BGR Energy Systems informed CNBC-TV18 that the company has a total order book of Rs 3300 crore on January 1. Its export order book Rs 490 crore, he added. For the next two months, exports will be Rs 200 crore, he said. The company will focus more on power projects and oil & gas business, he said.
Raghupathy reminded that last year, the company’s revenues were at Rs 500 crore. This, BGR Energy Systems has crossed in the first two quarters this year, he added.
On the BSE, the share opened at Rs 801 and touched a high of Rs 940 in early trade. It closed at Rs 901.30, with volumes of 43,74,390 shares.
The company had entered capital market with a public issue of 91.36 lakh equity shares of Rs 10 each. The price band was at Rs 425 to Rs 480 per equity share. The issue was subscribed 119.54 times.
The company proposes to utilize the net proceeds of the issue to augment long term working capital requirements, expand production capacity by establishing additional manufacturing facilities in India, China and the Middle East and fund expenditure for general corporate purposes.
BGR Energy to focus on power and oil & gas biz
----------------------------------------------------------
Burnpur Cement closes with 314% premium
Burnpur Cement (BCL), one of the established cement manufacturers of Eastern India, has got fantastic listing today, has ended the day at Rs 49.70, up 314.17% over its offer price of Rs 12 per share. It had opened at Rs 15 and touched an intraday high of Rs 50.50 (a jump of 320.83%) on the NSE. It was a huge upmove by a smallcap stock and top performer amongst new listings.
It traded with volumes of 15,27,48,815 equity shares and turnover was at Rs 610 crore.
It traded with volumes of 18 crore shares during the day on the NSE and BSE as against total equity of the company of 4.3 crore shares, more than 4 times its total equity. Nearly 1.5 crore shares of Burnpur Cement changed hands on the bourses in multiple deals.
Ashok Gutgutia, VC & MD, Burnpur Cement informed CNBC-TV18 that the company sees its FY09 turnover at Rs 95 crore and PAT at Rs 10-11 crore. Gutgutia estimates the company’s FY08 sales at Rs 35 crore. Burnpur Cement’s new plant would be commissioned by October- November this year, he added.
It started the day at Rs 18.45 on the BSE and touched a high/low of Rs 49 and Rs 17.8, respectively. The stock ended at Rs 46.35. The trading volumes were 1,17,21,58,56 shares.
The company had offered its 219 lakh shares of Rs 10 each for cash at a premium of Rs 2 per share. The issue had subscribed 15.19 times. Burnpur Cement had proposed a backward integration by setting up an 800 TPD capacity Clinkerisation and Cement grinding unit expandable to 1,600 TPD at Patratu in the Hazaribagh District of Jharkhand for manufacturing Clinker, Ordinary Portland Cement (OPC), Portland Pozzolona Cement (PPC) and Portland Slag Cement (PSC).
Burnpur Cement sees FY09 turnover at Rs 95 cr
-------------------------------------------
How Burnpur Cem made investors RICH than BGR Energy?
Future Cap Holdings sets IPO price band at Rs 700-765/sh
Rel Power IPO opens on Jan 15, to raise Rs 10500-11500 Cr
Source: http://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.
BGR Energy Systems, a supplier of systems and equipment for the power, oil & gas, refinery, petrochemical and process industries, has closed at Rs 902, up 87.92% over its offer price of Rs 480 per share. The stock has hit a high of Rs 922.70 and remained above Rs 900 for most part of the day on the NSE.
The turnover was at Rs 740 crore and it traded with volumes of 82,29,039 shares.
BG Raghupathy, CMD, BGR Energy Systems informed CNBC-TV18 that the company has a total order book of Rs 3300 crore on January 1. Its export order book Rs 490 crore, he added. For the next two months, exports will be Rs 200 crore, he said. The company will focus more on power projects and oil & gas business, he said.
Raghupathy reminded that last year, the company’s revenues were at Rs 500 crore. This, BGR Energy Systems has crossed in the first two quarters this year, he added.
On the BSE, the share opened at Rs 801 and touched a high of Rs 940 in early trade. It closed at Rs 901.30, with volumes of 43,74,390 shares.
The company had entered capital market with a public issue of 91.36 lakh equity shares of Rs 10 each. The price band was at Rs 425 to Rs 480 per equity share. The issue was subscribed 119.54 times.
The company proposes to utilize the net proceeds of the issue to augment long term working capital requirements, expand production capacity by establishing additional manufacturing facilities in India, China and the Middle East and fund expenditure for general corporate purposes.
BGR Energy to focus on power and oil & gas biz
----------------------------------------------------------
Burnpur Cement closes with 314% premium
Burnpur Cement (BCL), one of the established cement manufacturers of Eastern India, has got fantastic listing today, has ended the day at Rs 49.70, up 314.17% over its offer price of Rs 12 per share. It had opened at Rs 15 and touched an intraday high of Rs 50.50 (a jump of 320.83%) on the NSE. It was a huge upmove by a smallcap stock and top performer amongst new listings.
It traded with volumes of 15,27,48,815 equity shares and turnover was at Rs 610 crore.
It traded with volumes of 18 crore shares during the day on the NSE and BSE as against total equity of the company of 4.3 crore shares, more than 4 times its total equity. Nearly 1.5 crore shares of Burnpur Cement changed hands on the bourses in multiple deals.
Ashok Gutgutia, VC & MD, Burnpur Cement informed CNBC-TV18 that the company sees its FY09 turnover at Rs 95 crore and PAT at Rs 10-11 crore. Gutgutia estimates the company’s FY08 sales at Rs 35 crore. Burnpur Cement’s new plant would be commissioned by October- November this year, he added.
It started the day at Rs 18.45 on the BSE and touched a high/low of Rs 49 and Rs 17.8, respectively. The stock ended at Rs 46.35. The trading volumes were 1,17,21,58,56 shares.
The company had offered its 219 lakh shares of Rs 10 each for cash at a premium of Rs 2 per share. The issue had subscribed 15.19 times. Burnpur Cement had proposed a backward integration by setting up an 800 TPD capacity Clinkerisation and Cement grinding unit expandable to 1,600 TPD at Patratu in the Hazaribagh District of Jharkhand for manufacturing Clinker, Ordinary Portland Cement (OPC), Portland Pozzolona Cement (PPC) and Portland Slag Cement (PSC).
Burnpur Cement sees FY09 turnover at Rs 95 cr
-------------------------------------------
How Burnpur Cem made investors RICH than BGR Energy?
Future Cap Holdings sets IPO price band at Rs 700-765/sh
Rel Power IPO opens on Jan 15, to raise Rs 10500-11500 Cr
Source: http://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.
Rediff, Rupya.com Stories
Rediff.com
India's top 5 mutual fund houses
State-run UTI Mutual fund has toppled private sector ICICI [Get Quote] Prudential to be the country's second biggest fund house, while Anil Ambani Group's Reliance [Get Quote] MF has retained its top position.
According to latest data available with Association of Mutual Funds in India, total asset under management (AUM) with 31 mutual funds stood at Rs 5,18,123 crore (Rs 5,181.23 billion) at the end of December, 2007.
There are 32 fund houses in the country but December data for Birla Sun Life Mutual fund was not available.A month ago, the total AUM of the mutual fund industry stood at Rs 5,37,812 crore (Rs 5,378.12 billion).
Top 5 MF houses
1 Reliance MF
2 UTI MF
3 ICICI Prudential
4 HDFC [Get Quote] MF
5 Franklin Templeton
The country's top five fund houses -- Reliance MF, UTI MF, ICICI Prudential, HDFC MF and Franklin Templeton recorded an increase in their assets under management.
Reliance MF's AUM rose to Rs 80,780 crore (Rs 807.80 billion) from Rs 77,765 crore (Rs 777.65 billion) a month ago, while that of UTI and ICICI Pru rose from Rs 52,180 crore (Rs 521.80 billion) to Rs 56,854 crore (Rs 568.54 billion) and from Rs 54,904 crore (Rs 549.04 billion) to Rs 56,772 crore (Rs 567.72 billion), respectively. These figures exclude AUMs for Fund of Funds.
HDFC MF's AUM rose from Rs 46,752 crore (Rs 467.52 billion) to Rs 48,561 crore (Rs 485.61 billion), while that of Franklin Templeton surged from Rs 30,773 crore (Rs 307.73 billion) to Rs 31,175 crore (Rs 311.75 billion).
BOB, DSP Merrill Lynch, Escorts, Fidelity, JM Financial [Get Quote], JP Morgan, LIC [Get Quote], Lotus India, Morgan Stanley, Quantum, Sahara, SBI [Get Quote], Sundaram BNP Paribas, Tata and Taurus mutual funds also saw a rise in their AUMs.
However, assets under managements of ABN Amro, AIG Global Investment Group, Benchmark, Canara Robeco, DBS Chola, Deutsche, HSBC, ING, Kotak Mahindra, Principal and Standard Chartered Mutual funds declined during the month.
Jaguar sale: Tatas preferred biddder
Special: India's best Ulips
What investors MUST do in 2008
How to market your new idea
8 steps to make money from IPOs
---------------------------------------------------------------
Rupya.com
Reliance Natural Resources Fund
Reliance Power IPO - Rated 4 out of 5 by CRISIL
Mini Sensex - BSE Launches Mini Sensex
Suzlon Energy Stock Split/Sub Division - Record Date
Rajesh Exports Bonus and Split - Record Date is Feb 05 2007
Speciality Papers Bonus Issue
Jindal Saw received orders worth 1000 crore
Everonn Systems India Acquires part of ABAN Informatics
Ambuja export bags export order worth 200 crore
Parsvnath Developers bags IT Park Project
Maruti Suzuki December 2007 Auto sales
Source: Above sites/blogs. 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's top 5 mutual fund houses
State-run UTI Mutual fund has toppled private sector ICICI [Get Quote] Prudential to be the country's second biggest fund house, while Anil Ambani Group's Reliance [Get Quote] MF has retained its top position.
According to latest data available with Association of Mutual Funds in India, total asset under management (AUM) with 31 mutual funds stood at Rs 5,18,123 crore (Rs 5,181.23 billion) at the end of December, 2007.
There are 32 fund houses in the country but December data for Birla Sun Life Mutual fund was not available.A month ago, the total AUM of the mutual fund industry stood at Rs 5,37,812 crore (Rs 5,378.12 billion).
Top 5 MF houses
1 Reliance MF
2 UTI MF
3 ICICI Prudential
4 HDFC [Get Quote] MF
5 Franklin Templeton
The country's top five fund houses -- Reliance MF, UTI MF, ICICI Prudential, HDFC MF and Franklin Templeton recorded an increase in their assets under management.
Reliance MF's AUM rose to Rs 80,780 crore (Rs 807.80 billion) from Rs 77,765 crore (Rs 777.65 billion) a month ago, while that of UTI and ICICI Pru rose from Rs 52,180 crore (Rs 521.80 billion) to Rs 56,854 crore (Rs 568.54 billion) and from Rs 54,904 crore (Rs 549.04 billion) to Rs 56,772 crore (Rs 567.72 billion), respectively. These figures exclude AUMs for Fund of Funds.
HDFC MF's AUM rose from Rs 46,752 crore (Rs 467.52 billion) to Rs 48,561 crore (Rs 485.61 billion), while that of Franklin Templeton surged from Rs 30,773 crore (Rs 307.73 billion) to Rs 31,175 crore (Rs 311.75 billion).
BOB, DSP Merrill Lynch, Escorts, Fidelity, JM Financial [Get Quote], JP Morgan, LIC [Get Quote], Lotus India, Morgan Stanley, Quantum, Sahara, SBI [Get Quote], Sundaram BNP Paribas, Tata and Taurus mutual funds also saw a rise in their AUMs.
However, assets under managements of ABN Amro, AIG Global Investment Group, Benchmark, Canara Robeco, DBS Chola, Deutsche, HSBC, ING, Kotak Mahindra, Principal and Standard Chartered Mutual funds declined during the month.
Jaguar sale: Tatas preferred biddder
Special: India's best Ulips
What investors MUST do in 2008
How to market your new idea
8 steps to make money from IPOs
---------------------------------------------------------------
Rupya.com
Reliance Natural Resources Fund
Reliance Power IPO - Rated 4 out of 5 by CRISIL
Mini Sensex - BSE Launches Mini Sensex
Suzlon Energy Stock Split/Sub Division - Record Date
Rajesh Exports Bonus and Split - Record Date is Feb 05 2007
Speciality Papers Bonus Issue
Jindal Saw received orders worth 1000 crore
Everonn Systems India Acquires part of ABAN Informatics
Ambuja export bags export order worth 200 crore
Parsvnath Developers bags IT Park Project
Maruti Suzuki December 2007 Auto sales
Source: Above sites/blogs. 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.
Rel Power IPO opens on Jan 15
Rel Power IPO opens on Jan 15
Moneycontrol.com
Reliance Power today filed the red herring prospectus (RHP) with the Registrar of Companies, Maharshtra, Mumbai (ROC), for its proposed initial public offering (IPO).
Reliance Power has fixed the price band for the IPO at Rs 405 - 450 per share. To enable large participation by retail investors, Reliance Power will offer a discount of Rs 20 per share to the retail investors, i.e. approximately 5% of the issue price. Reliance Power has also fixed convenient payment terms for all categories of investors. While QIBs are required to pay 10% on the application, the HNIs and retail investors will have the option to pay Rs 115 on the application, i.e. only approximately 25% of the issue price. The balance amount will be payable on allotment. The IPO is scheduled to open on January 15, 2008 and will close on January 18, 2008. Reliance Power, through this IPO proposes to raise approximately Rs 10,500 - 11,500 crores - the largest IPO in the history of the Indian capital markets.
Reliance Power proposes to issue 26 crore equity shares of Rs 10 each including a promoters’ contribution of 3.2 crore Equity Shares which shall be allotted at the IPO price to the Promoters. The balance 22.8 crore equity shares would constitute the net issue to the public. The issue will constitute 11.5% and the net issue will constitute 10.1% of the post-Issue paid-up equity capital of Reliance Power.
Reliance Power is part of the Reliance Anil Dhirubhai Ambani group and is currently engaged in the construction and development of various gas and coal based thermal power projects and hydro power projects in various parts of the country, of over 28,000 MW capacity - the largest development pipeline in the country.
The issue proceeds are proposed to be utilized for funding subsidiaries to part-finance the construction and development costs of the various projects under development and for general corporate purposes. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange and the National Stock Exchange.
Kotak Mahindra Capital Company Limited, UBS Securities India Private Limited, ABN AMRO Securities (India) Private Limited, Deutsche Equities India Private Limited, Enam Securities Private Limited, ICICI Securities Limited, JM Financial Consultants Private Limited and J.P. Morgan India Private Limited are acting as the Book Running Lead Managers to the Issue whilst Macquarie India Advisory Services Private Limited and SBI Capital Markets Limited are acting as Co-Book Running Lead Managers. Amarchand & Mangaldas & Suresh A. Shroff & Co. is advising the Company whilst Cleary Gottlieb Steen & Hamilton and J. Sagar and Associates are advising the BRLMs and CBRLMs in relation to the issue.
--------------------------------------------------
Reliance Power IPO opening on Jan 15th 2008
Rupya.com
Issue Details
Reliance Power to issue 26 crore equity shares of Rs 10 each
Issue Contribution :>Promoters’ contribution of 3.2 crore Equity Shares which shall be allotted at the IPO price to the Promoters.
>The balance 22.8 crore equity shares would constitute the net issue to the public.
>The issue will constitute 11.5% and the net issue will constitute 10.1% of the post-Issue paid-up equity capital of Reliance Power.
Issue Price :Reliance Power has fixed the price band for the IPO at Rs 405 - 450 per share.For Retailers we can apply at 430 rs ,which is approximately less by 5% of theissue price.so we get at discounted rate by 20 rs.
Payment Option : Reliance Power has also fixed convenient payment terms for all categories of investors. While QIBs are required to pay 10% on the application, the HNIs and retail investors will have the option to pay Rs 115 on the application, i.e. only approximately 25% of the issue price. The balance amount will be payable on allotment.
Issue Date :The IPO is scheduled to open on January 15, 2008 and will close on January 18, 2008.
Other related articles:
Rel Power IPO opens Jan 15; eyes Rs 115 bn
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Moneycontrol.com
Reliance Power today filed the red herring prospectus (RHP) with the Registrar of Companies, Maharshtra, Mumbai (ROC), for its proposed initial public offering (IPO).
Reliance Power has fixed the price band for the IPO at Rs 405 - 450 per share. To enable large participation by retail investors, Reliance Power will offer a discount of Rs 20 per share to the retail investors, i.e. approximately 5% of the issue price. Reliance Power has also fixed convenient payment terms for all categories of investors. While QIBs are required to pay 10% on the application, the HNIs and retail investors will have the option to pay Rs 115 on the application, i.e. only approximately 25% of the issue price. The balance amount will be payable on allotment. The IPO is scheduled to open on January 15, 2008 and will close on January 18, 2008. Reliance Power, through this IPO proposes to raise approximately Rs 10,500 - 11,500 crores - the largest IPO in the history of the Indian capital markets.
Reliance Power proposes to issue 26 crore equity shares of Rs 10 each including a promoters’ contribution of 3.2 crore Equity Shares which shall be allotted at the IPO price to the Promoters. The balance 22.8 crore equity shares would constitute the net issue to the public. The issue will constitute 11.5% and the net issue will constitute 10.1% of the post-Issue paid-up equity capital of Reliance Power.
Reliance Power is part of the Reliance Anil Dhirubhai Ambani group and is currently engaged in the construction and development of various gas and coal based thermal power projects and hydro power projects in various parts of the country, of over 28,000 MW capacity - the largest development pipeline in the country.
The issue proceeds are proposed to be utilized for funding subsidiaries to part-finance the construction and development costs of the various projects under development and for general corporate purposes. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange and the National Stock Exchange.
Kotak Mahindra Capital Company Limited, UBS Securities India Private Limited, ABN AMRO Securities (India) Private Limited, Deutsche Equities India Private Limited, Enam Securities Private Limited, ICICI Securities Limited, JM Financial Consultants Private Limited and J.P. Morgan India Private Limited are acting as the Book Running Lead Managers to the Issue whilst Macquarie India Advisory Services Private Limited and SBI Capital Markets Limited are acting as Co-Book Running Lead Managers. Amarchand & Mangaldas & Suresh A. Shroff & Co. is advising the Company whilst Cleary Gottlieb Steen & Hamilton and J. Sagar and Associates are advising the BRLMs and CBRLMs in relation to the issue.
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Reliance Power IPO opening on Jan 15th 2008
Rupya.com
Issue Details
Reliance Power to issue 26 crore equity shares of Rs 10 each
Issue Contribution :>Promoters’ contribution of 3.2 crore Equity Shares which shall be allotted at the IPO price to the Promoters.
>The balance 22.8 crore equity shares would constitute the net issue to the public.
>The issue will constitute 11.5% and the net issue will constitute 10.1% of the post-Issue paid-up equity capital of Reliance Power.
Issue Price :Reliance Power has fixed the price band for the IPO at Rs 405 - 450 per share.For Retailers we can apply at 430 rs ,which is approximately less by 5% of theissue price.so we get at discounted rate by 20 rs.
Payment Option : Reliance Power has also fixed convenient payment terms for all categories of investors. While QIBs are required to pay 10% on the application, the HNIs and retail investors will have the option to pay Rs 115 on the application, i.e. only approximately 25% of the issue price. The balance amount will be payable on allotment.
Issue Date :The IPO is scheduled to open on January 15, 2008 and will close on January 18, 2008.
Other related articles:
Rel Power IPO opens Jan 15; eyes Rs 115 bn
Source: Above Sites/blogs. 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.
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Rel Power IPO opens on Jan 15
Sensex ends 120 pts down : Sify
Power stocks, led by Reliance Energy and, oil majors, spearheaded by heavyweight Reliance Industries, held sway even as stocks from banking, information technology, realty, healthcare and FMCG sectors drifted lower on sustained selling today.
The market, taking weak global cues, opened on a negative note this morning. Though the Sensex bounced back smartly within the next few minutes, due to stiff resistance faced by several frontline stocks, it slipped into the red once again. The Nifty, which shot up to a new high of 6230.15 a little before noon, however, stayed firm in the positive zone for a long time thanks to the strength displayed by its power and oil sector components.
While the Sensex, which touched a high of 20,519.70 and a low of 20,293.87 in intra-day trades, ended at 20,345.20 with a big loss of 0.59% or 120.10 points, the Nifty settled at 6178.55, almost unchanged from its previous closing figure of 6179.40.
Several mid and smallcap stocks firmed up to higher levels and held on to their gains till a little past mid afternoon. As selling pressure gathered force during the final hour, even these stocks began to drift lower. The Midcap and Smallcap barometers ended marginally down.
Though shares of Reliance Energy were in great demand, it was NTPC, which moved up by 7.6% to Rs 276.70, which ended as the biggest gainer from the Sensex pack today. Reliance Energy, which hit a new lifetime high of Rs 2585 (Rs 2584.80 on NSE), settled with a 6.45% gain at Rs 2517.40.
ONGC (up 2.9% to Rs 1305.90) and Reliance Industries (up 1.45% to Rs 2902.90) and Hindustan Unilever (up 3.55% to Rs 222.95) were the other Sensex stocks in demand today. DLF ended higher by around a quarter per cent while Reliance Communications and Tata Motors closed with minor gains.
IT majors Infosys Technologies (down 2.05%), Satyam Computer Services (down 2.3%), Tata Consultancy Services (down 2.95%) and Wipro (down 3%) and banking sector heavyweights ICICI Bank (down 3%), State Bank of India (down 1%) and HDFC Bank (down 1.2%) contributed significantly to the market's negative close today.
Grasim Industries ended lower by around 4%. ACC, Ambuja Cements, Bharti Airtel, BHEL, Cipla, Hindalco, ITC, Larsen & Toubro, Mahindra & Mahindra, Maruti Suzuki and Ranbaxy Laboratories lost 1% - 3% today. Tata Steel (down 0.85%) and Bajaj Auto (down 0.75%) also closed with sharp losses. HDFC eased by 0.35%.
Nifty stocks Cairn India (4.7%), BPCL (4.1%), Tata Power (3.85%), Suzlon Energy (2.45%), Reliance Petroleum (2%) and GAIL India (1.3%) finished on a firm note.
VSNL, Dr Reddy's Laboratories, Sun Pharmaceuticals, SAIL, Unitech, Sterlite Industries, HCL Technologies, Punjab National Bank, Siemens and GlaxoSmithKline Pharma ended with sharp losses today.
Gujarat Industries & Power hit the 20% upper limit. Moser Baer ended with a hefty gain of 11.45%. Hindustan Petroleum Corporation, Neyveli Lignite Corporation, Jaiprakash Associates, EIH Limited, Hinduja Ventures, Colgate Palmolive, Jindal Saw, HMT, National Fertilizers, Rashtriya Chemicals & Fertilizers, Finolex Industries and Tata Elxsi also closed on a high note.
Indo Rama Synthetics, Spice Telecom, FDC, Mirc Electronics, Castrol India, VSNL, ING Vysya Bank, CMC, Kotak Bank, Apollo Tyre, Hexaware, Ballarpur Industries and Puravankara Projects closed with sharp losses.
The market breadth remained positive thanks to buying in midcap and smallcap segments. Out of 2954 stocks traded on BSE today, 1613 stocks closed with gains. 1320 stocks ended lower and 21 stocks ended at their previous closing levels.
On a very weak session, new entrants Burnpur Cement and BGR Energy stood tall. While Burnpur Cement ended the day at Rs 49.70, a massive gain of 314.2% over its issue price, BGR Energy settled at Rs 902, up 88% over its IPO price of Rs 480. Both these stocks attracted strong volumes on the bourses.
Other Sify stories
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.
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Sensex ends 120 pts down : Sify
01 January 2008
Economic Times Stories
http://economictimes.indiatimes.com/
India Inc to unlock Rs 50K cr from group cos
Experts' view on Mkt '08
India Inc to face retention issues in 2008
India Inc's business confidence picks up
India Inc falters, net profit rises at a slower rate in H1 '07-08
Bankers look to a happy rate-cut 2008
FM unfazed by global concerns, aims for 9% growth
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Top brands spend Rs 150 cr to start 2008 with a bang
Govt likely to arm NTPC with financial power
Goa govt scraps 12 SEZs
Sensex mini derivatives MSX at 113 premium
Indices kick start New Year on flat note
Midcap, smallcap buzz amid range bound trade
Weak start to 2008; mid-, small-caps steal show
Indices range-bound; Reliance Energy, ITC lead
M&A wave likely to continue in '08
Expect PE deals to have a blast this year
Bourses pull up over 100 companies in 2007
2008 promises bigger opportunities for IT industry
Source: www.theeconomictimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
India Inc to unlock Rs 50K cr from group cos
Experts' view on Mkt '08
India Inc to face retention issues in 2008
India Inc's business confidence picks up
India Inc falters, net profit rises at a slower rate in H1 '07-08
Bankers look to a happy rate-cut 2008
FM unfazed by global concerns, aims for 9% growth
--------------------------------------------------------
Top brands spend Rs 150 cr to start 2008 with a bang
Govt likely to arm NTPC with financial power
Goa govt scraps 12 SEZs
Sensex mini derivatives MSX at 113 premium
Indices kick start New Year on flat note
Midcap, smallcap buzz amid range bound trade
Weak start to 2008; mid-, small-caps steal show
Indices range-bound; Reliance Energy, ITC lead
M&A wave likely to continue in '08
Expect PE deals to have a blast this year
Bourses pull up over 100 companies in 2007
2008 promises bigger opportunities for IT industry
Source: www.theeconomictimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.
Deadpresident Blog Updates
http://www.deadpresident.blogspot.com
NSE Bulk Deal Watch
Market Close: Cautious start but its mid caps time !
BSE Bulk Deals to Watch
Insider Trading - SEBI proposes consultative paper
Reliance Power - ICRA assigns 4/5 Rating
Post Market Commentary
Sensex gains in lacklustre New Year trades
Sensex settles a tad above 20,300
Strategy, Economy, HDFC
Godrej land bank unlocking
Biggies sell
Tata Chemicals
Ankur Drugs
Macmillan India
US Market ends 2007 with a whimper
Transformers Sector
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.
NSE Bulk Deal Watch
Market Close: Cautious start but its mid caps time !
BSE Bulk Deals to Watch
Insider Trading - SEBI proposes consultative paper
Reliance Power - ICRA assigns 4/5 Rating
Post Market Commentary
Sensex gains in lacklustre New Year trades
Sensex settles a tad above 20,300
Strategy, Economy, HDFC
Godrej land bank unlocking
Biggies sell
Tata Chemicals
Ankur Drugs
Macmillan India
US Market ends 2007 with a whimper
Transformers Sector
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.
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