Business Daily from THE HINDU group of publications
Friday, June 22, 2007
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Markets (June 25)
BSE Sensex14487.72 (+20.36)
S&P CNX Nifty4259.40 (+7.35)
US Dollar (Buy/Sell)40.90 (+0.13)


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FINANCIAL SERVICES
Reliance Money claims `good' client base
Less than a quarter into business, Reliance Money Ltd has gotten close to industry leaders in terms of daily transactions and has built a satisfactory number of client base. The broking arm of the Anil Dhirubhai Ambani Group commenced business ... More

MUTUAL FUNDS
Independent financial advisors feted by fund houses
The one set of intermediaries that the asset management industry is drinking a toast to these days are the IFAs - independent financial advisors who have emerged stronger than ever before. With IFAs playing a bigger role in connecting ... More

STOCKS
Danone stake sale talk boosts Britannia stock
French firm may exit from biscuit company More

Order buzz lifts Educomp
Punters have been betting on the stock of e-learning enabler Educomp Solutions in anticipation of the company bagging a multi-crore order from one of the northern State Governments to introduce computer-aided learning in schools. According to ... More

TECHNICAL ANALYSIS
Volatile movement
Thursday's trading activity witnessed a volatile movement. The sentiment reading of the tradable counters remains bullish. Bear move on Friday is likely to change the current sentiment. On the contrary, the prevailing bullish sentiment is likely ... More

FOREIGN INSTITUTIONAL INVESTORS
IHC says in talks with Navis Capital for stake in Nirula's
Nirula's MD says management will remain with him and Navis More

IPOS
Global IPOs raise $246 b; India ranked 8th
Reliance Petroleum issue among top 20 More

Housing Development issue to hit market on June 28
Plans to raise Rs 1,485 cr through IPO More

PUBLIC OFFER
Retail participation still low in ICICI Bank follow-on issue
The portion reserved for qualified institutional buyers in the ICICI Bank's FPO was subscribed 10.38 times on the third day of issue. On Wednesday, QIBs' portion was subscribed by 6.24 times. However, retail category was subscribed only by 0.11 ... More

INVESTOR PROTECTION
SEBI to consider proposal on investor protection fund on June 30
Institutional investors would soon get to short sell shares settled by delivery in the Indian stock exchanges. The Securities and Exchange Board of India (SEBI) Chairman, Mr M. Damodaran, gave an indication to this effect here today. Although ... More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
Small, medium units bullish on economic growth: Survey

Low call rates: `A case of wrong maths somewhere'

Crude oil import dips in May; petroleum product exports, consumption rise

Software to trace grapes exports to EU launched

Govt approves 14% hike in royalty on coal, lignite

Rlys may raise stainless steel coach production

Global IPOs raise $246 b; India ranked 8th

Looking back
Jun. 10-Jun. 16
MFs see new inflows at Rs 55,128 cr in May

Swiss Re, Federal Insurance pick up stakes in TMB

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