Business Daily from THE HINDU group of publications
Wednesday, July 18, 2007
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Markets (July 17)
BSE Sensex15289.82 (-21.40)
S&P CNX Nifty4496.75 (-15.40)
US Dollar (Buy/Sell)40.39 (-0.01)


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BUYBACK
FCI OEN fixes exit price at Rs 700
Kolkata, July 17 The overseas promoters of FCI OEN Connectors have announced an exit price of Rs 700 for a share of Rs 10 each for buyback of non-promoter stake of 31.69 per cent and consequential delisting of the stock after the open offer ... More

STOCKS
Indian ADRs post mixed returns
Infy, Wipro lag even as Satyam, Rediff shine More

DMC Intl turns active
Kolkata, July 17 Recent sporadic driving by the operators has enabled DMC International to post a gain of around 24 per cent in last one month. The New Delhi-based real estate company has, of late, announced a number of new business projects ... More

Century Text shines on land buzz
The Century Textiles and Industries stock has been buzzing on the bourses on market talk that a deal to be announced on the sale of its land in a prime area in Mumbai. The deal is likely to be announced this week, said market sources, leading to ... More

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

STOCK MARKETS
ULIPs post compounded annualised returns of 40-45%
Investments across sectors aid in diversification of assets More

IPOS
Refex Refrigerants plans IPO
Mumbai, July 17 Refex Refrigerants Ltd, a company engaged in the business of refilling non ozone depleting refrigerant gases, or hydrofluorocarbons (HFCs) proposes to enter the capital market with a public issue of 38 lakh equity shares of Rs ... More

Reliance Telecom Infra plans listing this year
Flag Telecom stake sale through private placement also on agenda More

Man Financial launches IPO eyeing NYSE listing
Mumbai, July 17 MF Global Ltd, the world’s leading brokerage house and part of the Man Group Plc, has made an initial public offering for $3.5 billion for listing on the New York Stock Exchange.MF Global is currently operating ... More

OUTLOOK
Credit Suisse sees recovery in consumer spending in H2
Expects rupee to be at Rs 39 by fiscal end More

ECONOMIC OFFENCES
26.26 lakh demat a/cs still under suspension
Mumbai, July 17 Of the total 103.64 lakh demat accounts registered with leading depositories National Securities Depositories Ltd (NSDL) and Central Depository Services Ltd (CDSL), 26.26 lakh demat accounts still remain frozen in the fast half ... More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
What Yipes adds to Reliance Communications

‘Air Deccan has found best partner in UB’

Petro products sales rise 10.9% in June

Indian ADRs post mixed returns

Credit Suisse sees recovery in consumer spending in H2

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Textile firms leverage Italian tie-ups to move up value chain

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Looking back
Jul. 8-Jul. 14
Auto, FMCG funds deliver uninspiring numbers in last six months

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