The Hindu Business Line : Tuesday, January 24, 2006

Geojit unveils new trading portal
TRADING over the Internet has undergone a paradigm shift over the past few years. Geojit Financial Services, a Kerala-based financial services company, has joined the bandwagon of online trading portals with the launch of Mercury Online. "The ... More

STOCKS

IOC proposes part sale of ONGC, GAIL holdings
INDIAN OIL has proposed an immediate sale of a part of its holdings in both ONGC and GAIL (India) Ltd to the Union Ministry of Petroleum and Natural Gas. Though the proposal is yet to be cleared by the Centre, the company is hopeful of going ... More

TECHNICAL ANALYSIS

Range-bound movement
MONDAY'S trading activity witnessed range bound movement. However, the sentiment reading of the tradable counters remains bullish. Bear pressure on Tuesday has the potential to change the sentiment reading in its favour. On the contrary, the ... More

STOCK MARKETS

IT stocks suffer most
MARKETS failed to sustain last week's gains as profit taking by investors dragged them down. Unlike the rampaging bulls seen on Friday's trading, the markets remained subdued and ended in negative territory. While the Sensex lost 56.1 points ... More

RPG Life Sciences up on speculative interest
RPG Life Sciences on Monday shot up with volumes on strong speculative interest. According to dealers, despite a reported dip in income and profit in the quarter to December 31, 2005, the fresh interest stemmed from expectations of better ... More

IPOS

Reliance plans Rs 6,000-cr IPO for refinery project — To invest Rs 3,315 cr in retail biz
AFTER nearly 12 years, Reliance Group has announced its plans for another mega IPO to raise Rs 5,000-6,000 crore for part funding its new refinery and petrochemicals project. The Mukesh Ambani controlled Reliance Industries Ltd (RIL) has also ... More

RBI fines 7 banks for IPO irregularity
THE Reserve Bank of India has fined seven banks for violation of RBI regulations and IPO finance irregularity. These banks are Bharat Overseas (Rs 20 lakh); Citibank (Rs 5 lakh); HDFC Bank (Rs 5 lakh); ICICI Bank (Rs 5 lakh); IOB (Rs 15 lakh); ... More

GVK Power plans IPO with a price band of Rs 260-310
GVK Power and Infrastructure Ltd (GVKPIL) will enter the capital market with an IPO of 82,75,556 equity shares. The price band has been fixed at Rs 260 to Rs 310 per equity share of Rs 10 each. The share issue, which will be sold via the ... More

PUBLIC OFFER

Bank of Baroda fixes Rs 230 a share
BANK of Baroda (BoB) has fixed the price for its public offer at Rs 230 a share. At this price, BoB would be able to raise Rs 1,633 crore for its issue of 7. 1 crore shares. BoB's price band was Rs 210 to Rs 230. The BoB issue was ... More

Andhra Bank's issue subscribed 11 times
DESPITE volatile capital market conditions, the follow-on public issue of Andhra Bank has been subscribed by over 11 times. As against 8.5 crore equity shares offered by the bank, it received bids for over 93.55 crore shares. With the highest ... More

Stock Quotes
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

When `red tape' helped Chemplast shareholders

Teva-Ivax merger likely to create shifts in pharma sector

Amex's security product targets frequent travellers

Toyota workers call off strike; want co not to insist on conduct note

Russia keen to supply nuclear plants to India

Expect status quo in credit policy review

In Focus

Auto Expo 2006

IPO Scams