The Hindu Business Line : Wednesday, May 31, 2006

INVESTMENT BANKING
Enam top investment bank: Prime Database
Enam Financial Consultants (P) Ltd, an investment bank, has topped the list in issue management for 2005-06, capturing 23.5 per cent of market share in the Initial Public Offer (IPO) category, according to Prime Database. It has topped the ... More

FINANCIAL SERVICES
Ratnabali Capital plans expansion
Ratnabali Capital Markets Ltd, a stock broking company based in Kolkata, is planning to invest Rs 25 crore in the next few years towards opening of new branches and establishing e-broking services. The company, which caters directly to about ... More

NEW FUND OFFER
JM Financial plans to launch full-fledged arbitrage fund
JM Financial Asset Management Pvt Ltd is launching a full-fledged arbitrage fund on Thursday, the first by a fund house after SEBI allowed mutual funds 100 per cent participation in derivatives market late last year. The `JM Arbitrage Advantage ... More

INSIGHT
Is IPO scam a thing of the past?
IPO, as a topic, more so with a `scam' tag, has been gobbling up many a column centimetre in newspapers. To those who ask what IPO scams are, here's a zero base to help. IPO, as you can see on Encarta, is short for initial public ... More

MUTUAL FUNDS
Sahara MF chief resigns
Mr Rajiv Shastri, CEO of Sahara Mutual Fund, has put in his papers. It is not sure at this juncture as to who will replace him in the organisation. Mr Shastri, who left his previous assignment as Head - Fixed Income at ABN AMRO Asset ... More

HDFC MF plans close-ended fund with 5-year maturity
Aimed at securing optimal returns More

STOCKS
Investment buying in material handling, mining equipment stocks
Thermal power generation likely to create more opportunities More

Swap ratio set for TAC, SPIC merger
Shareholders of Tuticorin Alkali Chemicals & Fertilisers (TAC) will get five equity shares in Southern Petrochemical Industries Corporation (SPIC) for every eight shares they hold, it was decided at a TAC board meeting today. The merger of TAC . More

Beeyu Overseas betting on jt venture
The BSE-listed Beeyu Overseas stock seems to be looking up from its recent low of Rs 10.75, drawing strength from the belief that the company will in the near future be able to leverage its newly established association with beverages major Tata ... More

Value buying in Indraprastha Gas
Indraprastha Gas Ltd has been attracting some value buying on the back of its expansion plans in its distribution network. On Tuesday, the stock reached a high of Rs 137.40, before closing at Rs 129.90, a drop of 1.18 per cent over the ... More

TECHNICAL ANALYSIS
Bear domination
The sentiment reading of the tradable counters turned bearish on Tuesday's trading. Bull domination on Wednesday is likely to reduce the bear pressure to some extent. On the contrary, the prevailing bearish sentiment is likely to be further ... More

STOCK MARKETS
Market collapse: Yen carry trade the culprit?
To attribute the collapse of the stock market to the unwinding of yen carry trades seems an oversimplification. More

FOREIGN INSTITUTIONAL INVESTORS
India witnesses over $1.2 b foreign funds outflow
About $5 billion pulled out from emerging markets More

INTERVIEW
`We are trying to get our clients back to trading mode'
If you are an equity investor, typically one with a short-term vision, chances are that recent developments on the stocks front have already spooked you. Or so feels Mr Jayant Manglik, Senior Vice-President, RR Equity Brokers. "We are now trying ... More