The Hindu Business Line : Tuesday, July 17, 2007

PRIVATE PLACEMENT
IL&FS invests in RSB group
The RSB Group, an engineering and component manufacturing house, has received a private equity placement of Rs 154.35 crore with the IL&FS Investment Managers (IIML) as lead investor along with a co-investment by Evolvence. RSB, which ... More

INVESTMENT BANKING
JM Fin eyes US, European markets
Mumbai, July 16 The JM Financial Group plans to but 20-30 per cent stake in an investment boutique in the US or European markets in the next one year, said Mr Vishal Kampani, MD and Head – corporate Finance, JM Consultants Pvt. Ltd. at ... More

NEW FUND OFFER
Sundaram BNP Paribas launches Global Advantage fund
Offer open from July 16 to July 31; of Fund of Fund structure More

JM Contra Fund launched
BSE-500 index is its benchmark More

STOCKS
GTC Industries up on land talk
GTC Industries is steadily growing in value and volume on the market on the back of further improvement in its business and in anticipation of Hyderabad land sale deal. According to market sources, notes to the 2006-07 results, which were taken ... More

TECHNICAL ANALYSIS
Bull domination
Monday’s trading activity witnessed bull domination. The sentiment reading of the tradable counters remains bullish. Bear move on Tuesday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bullish ... More

STOCK MARKETS
FII inflows this year surpass 2006 figure
Touch $8.45 b till July 13 More

FOREIGN INSTITUTIONAL INVESTORS
Bring Pvt picks up 7.5% in KS Oil
Mumbai, July 16 Singapore-based private equity firm Bring Pvt Equity Asia has picked up 7.5 per cent stake in BSE-listed KS Oils by investing Rs 90 crore. The promoter group will pump in Rs 100 crore by subscribing to 23,86,635 warrants ... More

Banks pick up SICAL shares
Credit Suisse Singapore Ltd and Macquarie Bank Ltd have picked up 20.50 shares each, close to 5 per cent each, in the Chennai-based Sical Logistics Ltd, the company informed the stock exchanges today. The shares were issued to the two financiers ... More

REGULATORY BODIES & RULINGS
SEBI draft paper on intermediaries
Mumbai, July 16 As part of its project on rewriting regulations and compressing the various circulars into master circulars, SEBI has published a consultative and a draft regulation paper for SEBI Intermediaries on its Web site and is inviting ... More

IPOS
IVR Prime fixes IPO price band at Rs 510-600 a share
Will raise Rs 849 cr at upper end More