The Hindu Business Line : Wednesday, May 10, 2006

KMB equity arm invests Rs 30 cr in buy-out deal
Kotak Mahindra Bank's private equity arm has invested Rs 30 crore in a buy-out deal in the power and control engineering products and solutions space. This is its sixth investment out of its $160-million India Growth Fund. This deal entails ... More

INSIGHT

Buy `n' sell of FIs, FIIs in Nifty stocks
Domestic financial institutions (FIs) seem to be lapping up shares that are being sold by foreign institutional investors (FIIs).FIIs have decreased their stakes in 15 Nifty stocks while FIs have increased their stake in 10 of them.The data ... More

MUTUAL FUNDS

MF distributors face regulation
SEBI to check out overseas markets to bring in proper standards More

MFs find CDs, bank bulk deposits attractive
Liquid funds account for 36 pc of AUM More

STOCKS

AstraZeneca clears stock split
AstraZeneca Pharma India Ltd has informed the BSE that its board on Tuesday approved a 1:5 stock split. The company seeks to split its shares of Rs 10 each into five shares of Rs 2 each. It has called an EGM on June 6 for final approval. ... More

Bhagyanagar Metals up on realty
Another example of realty play fuelling stock price is that of the counter of Bhagyanagar Metals, which hit a 52-week high on Tuesday. The buzz in the market is that the company is likely to enter into a joint venture/sell its property to DLF ... More

Sun TV rises on exit poll
The bullish sentiment at the counter of Sun TV on Tuesday was attributed to the exit poll results in Tamil Nadu giving DMK a 10 percentage points lead over that of its rival AIADMK. Brokers said much of the interest has been on account of the ... More

Neyveli Lignite in limelight
Neyveli Lignite hit a 52-week high of Rs 100.25 intra-day before closing at Rs 95.60, up 0.16 per cent on the BSE. As per the market buzz, the company is likely to come out with a public issue to raise money for its expansion programme. There is ... More

TECHNICAL ANALYSIS

Bulls prevail
Bulls prevailed over Tuesday's trading activity. The sentiment reading of the tradable counters remains bullish. Bear pressure on Wednesday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bullish ... More

REGULATORY BODIES & RULINGS

SEBI to revisit proposal on IDRs
To enable companies explore possibility of raising capital internally More

`3,300 cos may lose listing'
Some 3,300 odd listed companies not indulging in compliance may be shown the door after the SEBI (Securities and Exchange Board of India) board takes a final view on the future of regional stock exchanges (RSEs) and the only-regional stock ... More

COMMENTARY

Sensex recovers after initial hiccups on funds buying
More

IPOS

LIC, SBI, Goldman Sachs hike stake in Reliance Petro
Life Insurance Corporation of India (LIC), Goldman Sachs and State Bank of India (SBI), which have taken equity stakes in Reliance Petroleum Ltd (RPL) through the pre-IPO placement, have hiked their stakes in the Mukesh Ambani Group company by ... More

ECONOMIC OFFENCES

SEBI gives personal hearing to Karvy
It said to have told the regulator that the real problem lay in the system More

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