The Hindu Business Line : Saturday, May 27, 2006

MUTUAL FUNDS
MF managers are seven times more efficient!
In absolute terms, FII managers have achieved about 150 per cent of what their counterparts in MFs could do. More

STOCKS
Mercator Lines: Betting on numbers
Shipping transport services firm Mercator Lines Ltd gained 2.34 per cent to Rs 43.65 on buzz that the company would announce an excellent Q4 results, dealers said. The company is scheduled to report its Q4 and full year results on May 31. The ... More

Elder Pharma up on stake hike talk
Elder Pharmaceuticals Ltd witnessed buying interest on market speculation that the company may hike its stake in the joint venture in Nepal. Elder Pharma has a 60:40 joint venture with Universal Group of Nepal. The shares closed at Rs 321.50, up ... More

ICICI Bank takes 5.6% stake in Andhra Cements
JP Morgan plans to pick up stake fall through More

Jet may go ahead with FCCB issue despite uncertain market
Size and timing of the issue depend on banks' advice More

Gati: Takeover target?
Shares of small-cap courier services company Gati Ltd gained 4.17 per cent on Friday to Rs 84.95 (Rs 81.55) on expectations that the company would benefit immensely from its international foray, dealers said. The company would also benefit ... More

TECHNICAL ANALYSIS
Volatile movement
Friday's trading activity witnessed volatile movement. The sentiment reading of the tradable counters turned to bullish. Bear domination on Monday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bullish ... More

STOCK EXCHANGES
NSE, BSE revise STT rate upwards
The National Stock Exchange and the Bombay Stock Exchange have raised securities transaction tax (STT) on the transactions executed on the exchanges in derivatives and capital market segments from June 1. The revision is as per the Finance Act ... More

`London SE will keep attracting Indian cos'
The London Stock Exchange will continue to attract Indian companies, despite a recent SEBI decision to discourage domestic companies to tap overseas funds through shares issuances, senior exchange officials said. "London totally dominated ... More

STOCK MARKETS
S&P looking at equity research on Indian companies
Standard & Poor's, a global provider of independent rating of investment risks, is contemplating entering India with its equity research products, Ms Lorraine Tan, Vice-President Equity Research, Asia Pacific of S&P, told Business Line ... More

Sensex up 143 on MF support
Stock markets ended the tumultuous week on a positive note recovering most losses on buying support from mutual funds and domestic institutions. On Friday, the benchmark BSE-30 Sensex extended earlier gains and closed at 10,809.35, an increase ... More

FOREIGN INSTITUTIONAL INVESTORS
FII takes 5% stake in Shashwat Intl
Minivet Ltd, an FII, has picked up five per cent stake in refractory manufacturing company Shashwat International Ltd for $3 million. Smith Advisory advised the FII in the private equity transaction, a press release said here ... More

INTERVIEW
Sell more small-cap stocks in India: UOB
`We have been neutral with India in the last 10 days' More

COMMENTARY
FMCG, consumer durable indices gain
More

IPOS
Cambridge Tech plans Rs 35-cr IPO
Cambridge Technology Enterprises Ltd, a Hyderabad-based IT services provider, is poised to enter the capital market with its maiden issue to meet its expansion plans. The CFO, Mr Ramesh Reddy, said Cambridge, a SEI CMM Level 5 process company, ... More

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