The Hindu Business Line : Wednesday, December 07, 2005

SSI makes open offer to Telephoto shareholders
SSI Ltd has made an open offer to the shareholders of Telephoto Entertainments to acquire 20.01 per cent (12.28 lakh fully paid-up equity share of Rs 10 each) of the latter's fully expanded voting equity capital at Rs 19 a share. The offer will ... More

TECHNICAL ANALYSIS

Bears prevail
THE sentiment reading of the tradable counters remains bearish. Bull domination on Wednesday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bearish sentiment is likely to be further ... More

STOCK MARKETS

FIIs turn attention to small IT, pharma firms
FIIs have also recently zeroed in on other companies such as Bajaj Hindustan and Eveready Industries. More

Timken up on consolidation hopes
TIMKEN Ltd is moving on business consolidation hopes, according to market sources. Though the stock on Tuesday closed marginally up at Rs 153.25, it has gained around 22 per cent in the last one month. The market expectation is that with its ... More

COMMENTARY

Market ends flat on late-hour selling
DOMINATION by the bears towards final hour of trade saw the markets close in the red on Tuesday. The Sensex gained 7.7 points to 8,815.5. After a cautious start, markets picked momentum to reach an intra-day high of 8,915.1. Following a gain ... More

PUBLIC OFFER

ICICI Bank public issue subscribed 6.5 times the offer
ICICI Bank's domestic issue of Rs 5,750 crore, which closed today, was subscribed 6.53 times, according to the NSE's official Web site. The issue had a price band of Rs 505-545 a share for its public issue of shares through the book-building ... More

ECONOMIC OFFENCES

SEBI suspends four brokers in Home Trade share rigging case
THE Securities and Exchange Board of India (SEBI) has suspended four stock brokers (two each of Bangalore and Pune Stock Exchanges) and slapped a penalty on another Bangalore Stock Exchange (BgSE) member for creating false market coupled with ... More

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