ET Headlines

Slowdown, falling mkt demolish realty stocks
FIIs bet on macro-economic themes
India's April exports up 31.5%
Vodafone offers $2.47 bn to Telkom
Dabur in non-life JV with Liberty Mutual

Bajaj insurance richer than parent
M&M sales up 13 per cent in May
Hyundai domestic sales up 47.27 pc in May
Maruti Suzuki sales up by 16.2%
TVS Motor reports 4 pc growth in sales for May

Crompton Greaves acquires French firm
Emami prices Zandu open offer at Rs 7,315/share
India loses top investment destination slot to Vietnam
RBI wants tighter rules for some financial firms
Panic selling on election fears pulls down equities

PSL gets $418 mn pipes order in the US
Nagarjuna Construction gets orders worth Rs 250 cr
IVRCL Infra bags Rs 838-cr order from ONGC
Bennet, Coleman picks up 2.55 lakh eq shares of Lotus Eye Care
Worst not over for Nifty?


Source: The Economic Times.

Rediff, Moneycontrol Stories

Rediff.com

• 'Indian tortoise will win the race'
• Sensex down 352 points
• Why oil prices are rising
• 8 mn telephone users added in Apr
• Fuel price: PM seeks consensus
• Petro price hike on June 5?
• Air fares set to go up by 8-10%
• Tatas hike car prices by up to 3%
• Oil firms’ losses at Rs 650 cr/day
Slowdown hits India Inc’s profits

Achievers
• 'My work instills self-confidence in people'
• Working from home she runs a Rs one crore company
The waiter who will be an IAS officer


Moneycontrol.com

FII outflows could send mkts to Jan lows: HSBC
Inflation may hit double-digits soon: MS
India growth story still strong: IDFC PE
Hot picks from next outperforming sector
Gokul Refoil to list on June 4
Jet, Kingfisher, Deccan, Indian hike fuel surcharge
M&M plans Turkish foray
Mkts to see 14k, recover by July-end: Astro predic...


Source: www.Theeconomictimes.com 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.

Economic Times Headlines

Anil Ambani group looks for presence in Gulf region
ICICI Bank targets 35 pc corporate credit growth
Yes Bank's take-over value could exceed $2.5 bn by 2010
QNB ties up with India's HDFC Bank
Alstom, Bharat Forge plan $500-mn power JV

SAIL replaces TCS as the highest wage payer in 2007-08
Services cos allowed to raise $100 mn abroad
Govt to impose 15 pc export duty on iron ore
Europe's Nogard to buy 9.5% in Fortune Fin
Technically speaking: Market's climbing a wall of worry


Specials
Investor's Guide

In India, the slick's showing / Prospects of vegetable oil industry look bullish
Vietnam: First domino in asia? / Techno wrap: Two-way street
Things can only get better now
Stocks are back in the limelight, here lies the catch..
Does oil sector offer smart investment opportunities in present times?
Bull's Eye /Micro Inks: Painting the town red
Derivatives diary: Confusion galore
Sugar cos: Sweet smell of success
GE: An attractive investment bet
Oil sector offers investment opportunities


For more @ http://economictimes.indiatimes.com/headlines.cms


Source: www.Theeconomictimes.com 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.

India's fastest growing companies : Business Today

Business Today presents an annual listing of India Inc.'s fastest growing large, mid-size and small companies based on their revenues.

India's fastest growing companies

India's fastest growing mid-sized companies

India's fastest growing small companies



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.

Deadpresident Blog Updates, Reports

Most Popular Pages - June 1 2008
Weekly Watch - June 1 2008
Grey Market - Bafna, Anus, Niraj Cement, Gokul Refoils
India Strategy - June 1 2008


Gujarat Gas / ITC Ltd / Punj LLoyd
IT Picks / Murdeshwar Ceramics / GSPL
Gateway Distripaks / Larsen & Tourbo / IVRCL
ACE / Tanla Solutions / Thermax
Gemini Communications / Indraprastha Gas / Sun Pharma




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.

Times Buys Virgin Radio, Sterlite Acquires Asarco

Times Group buys UK's Virgin Radio for Rs 448 cr

In its first-ever overseas acquisition in the media space, The Times Group has acquired Virgin Radio Holdings Ltd (http://en.wikipedia.org/wiki/Virgin_Radio) and its subsidiaries in the UK from SMG Plc for a consideration of £53.2 million (around Rs 448.4 crore). Virgin Radio, a music channel which operates under an FM licence in London and an AM licence in the rest of the UK, was acquired by TIML Golden Square Ltd, a wholly-owned subsidiary of Bennett Coleman & Company Ltd (BCCL), owners of leading media brands in India such as The Times of India and The Economic Times.

More @Times Group buys UK's Virgin Radio for Rs 448 cr
-----------------------------------------
Sterlite acquires Asarco for record $2.6 billion

Sterlite Industries (India) on Saturday announced the acquisition of Asarco Llc(http://en.wikipedia.org/wiki/Asarco) , a Tucson-based copper mining, smelting and refining company, for $2.6 billion in cash. This is the largest overseas purchase by an Indian company this year, overtaking Tata Motors’ acquisition of the marquee brands, Jaguar and Land Rover, from Ford for $2.3 billion. Post the deal, Sterlite will become the world’s third largest copper miner with a combined capacity of 650,000 tonnes a year. Sterlite Industries, a part of the Vedanta group, signed a definitive agreement with Asarco to this effect on Saturday morning. The transaction, expected to be funded by internal accruals and borrowing, is subject to US Bankruptcy Court approval. Sterlite expects to conclude the formalities by September-October.
More@Sterlite acquires Asarco for record $2.6 billion


Other News:
Deal or no deal, India Inc is in the news
5 Indians among seven outsourcing billionaires: Forbes



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 GDP: 9 per cent in 2007-08..Cheers....

Robust agri growth pushes GDP to 9 per cent in 2007-08

Buoyancy in agriculture has pushed the economic growth to 9 per cent, up from 8.7 per cent estimated earlier, even as the performance of manufacturing sector deteriorated. "The upward revision in the GDP growth rate is mainly on account of the revision made in the estimated production of agricultural crops by the Department of Agriculture and Cooperation," the government said in revised estimates of GDP.

The agricultural and allied activities grew by 4.5 per cent, compared to earlier estimates of 2.6 per cent, while the manufacturing sector growth has been lowered to 8.8 per cent from 9.4 per cent. Going by the revised estimates, India's GDP growth stood at nine per cent in 2007-08, compared to 9.6 per cent registered in the previous fiscal.

Strong GDP growth helps equities end higher

India's per capita income moves up to Rs 32,299

Chidambaram confident of 8.5 pc growth in 2008-09

Market cheers GDP data; Sensex up 90 points

Equities recover on GDP growth, ignore inflation

GDP Growth Stories from other sources:

India's Jan-Mar GDP up 8.8% over last yr: Are experts happy?

Strong Q4 GDP lifts bourses

Source: www.Theeconomictimes.com 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.

Sai72Stocks Vs Nifty,Sensex

Sai72Stocks Vs Nifty,Sensex

Sai72Stocks Vs Nifty,Sensex

Hi all... I am again here to provide Interesting articles in and around Market, Corporates, World Business and etc.
From the content of below article [ IIM-L 60 beats Nifty 50 gains ], I wish to create New portfolio of 72 Stocks in the Name of SAI72Stocks to check my ability in Portfolio Mgmt Services. I have created this portfolio by picking some stocks in Nifty, Sensex [as they have strong fundamentals] and other Midcap stocks. Lets us see how this portfolio performs Vs Sensex, Nifty.
I will compare my portfolio with Sensex, Nifty in a regular Intervals. I will give the returns of My portfolio in the coming weeks. I will publish the next return {Avg.Return}comparison on July 31, 2008 [ Nearly 70 days from 24.05.2008].
I have taken my portfolio points by averaging 72 stocks. I didn’t give any weightage to Stocks. And I have taken Stock values, Nifty, Sensex points as on 23.05.2008 to make my debut Vs Sensex, Nifty.
Hope all of you will have interest in this article/concept. Also listed my Stock portfolio.

Date : As on 23.05.2008 Next comparison date: 31.07.2008 [ July 31,2008]

Points
Sensex 16649
Nifty 4946
Sai72Stocks 1565

Sl.No StockName Price[23.05.2008]
1 Axis Bank 799.85
2 ACC 667.45
3 Bharti Airtel 836.80
4 BHEL 1747.20
5 Bank of India 325.35
6 Bajaj Holdings 673.75
7 Cipla 203.50
8 Cairn India 306.15
9 Chennai Petro 341.40
10 Corporation Ban 344.25
11 DLF 609.75
12 Dr Reddys Labs 686.75
13 Essar Oil 246.80
14 Grasim 2289.00
15 GMR Infra 138.50
16 GE Shipping 499.20
17 HDFC 2678.30
18 HUL 235.75
19 HDFC Bank 1383.00
20 Hindalco 192.95
21 Hero Honda 797.50
22 HDIL 758.60
23 HT Media 136.45
24 ITC 213.60
25 ICICI Bank 863.75
26 Infosys 1826.40
27 Idea Cellular 107.10
28 India Cements 164.30
29 Indiabulls 413.50
30 IDFC 156.05
31 IOC 420.05
32 Jaiprakash Asso 237.65
33 Jindal Steel 2387.15
34 JSW Steel 1077.10
35 Jet Airways 526.65
36 Kotak Mahindra 700.85
37 Larsen 2844.75
38 Lupin Rs.683.80

39 Maruti Suzuki 789.60
40 NTPC 176.95
41 Nestle 1771.95
42 Neyveli Lignite 143.55
43 Nicholas Pirama 357.60
44 NALCO 534.45
45 ONGC 902.05
46 PNB 514.15
47 Power Grid Corp 100.40
48 Power Finance 143.05
49 Reliance 2554.80
50 Reliance Comm 572.30
51 Ranbaxy Labs 496.50
52 Reliance Infra 1290.40
53 Reliance Petro 184.05
54 Rajesh Exports 95.20
55 Rel Capital 1321.05
56 REC 115.00
57 SBI 1573.25
58 Suzlon Energy 296.90
59 Sun Pharma 1328.85
60 Sterlite Ind 903.75
61 SAIL 172.60
62 Sesa Goa 4065.85
63 Tata Steel 896.50
64 Tata Motors 637.55
65 Tata Power 1440.45
66 Titan Industrie 1200.70
67 Tata Chemicals 384.10
68 TV 18 328.30
69 Unitech 268.00
70 Videocon Indust 386.75
71 Voltas 158.10
72 Welspun Guj 377.00

Let us Start......................................