Business Daily from THE HINDU group of publications
Friday, February 23, 2007
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Markets (Feb 22)
BSE Sensex14021.31(-167.18)
S&P CNX Nifty4040 (-56.20)
US Dollar (Buy/Sell)44.29 (+0.07)


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MARKETS

FINANCIAL SERVICES
Morgan Stanley, JM Financial part ways
All our options are open on new tie-up, says JM Financial More

`No nationwide raids on stockbrokers'
The Income-Tax Department on Thursday conducted "localised" searches in Pune, Mumbai and Kochi and maintained that there was not an "iota of truth" in claims that nationwide searches were being conducted on stockbrokers and other stock market ... More

TECHNICAL ANALYSIS
Bear domination
Bears dominated Thursday's trading activity. However, the sentiment reading of the tradable counters changed to neutral. Bull move on Friday is likely to change the sentiment reading in their favour. On the contrary, the sentiment reading may ... More

REGULATORY BODIES & RULINGS
SEBI slaps penalty on RDB Industries promoters
The Securities & Exchange Board of India has imposed a penalty of Rs 20 lakh on some of the promoter group members of RDB Industries, a city-based company, which after a protracted litigation last year gained ownership of the cigarette company - More

SEBI lifts ban on Karvy for registrar
SEBI has lifted the ban on Karvy Computershare Pvt Ltd (KCPL) to act as the registrar to issues and as a share transfer agent pending final orders. By an ad-interim order dated April 27, 2006, SEBI had barred KCPL from undertaking fresh ... More

ALLIANCES & JOINT VENTURES
Kotak AMC joins hands with T. Rowe for global fund
To file offer document with SEBI within 2 weeks More

COMMENTARY
Bank, auto & pharma stocks lead the day's fall
It was yet another day of blood on the street, with both the bellwether indices ending deep in the red. The sensitive index, after trading sideways for most part of the day, pared gains to close with a loss of about 168 points. Though the Sensex ... More

VENTURE CAPITAL
European private equity firms to back development, growth potential cos
Target small & medium size companies to pick stake More






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