Business Daily from THE HINDU group of publications
Tuesday, July 24, 2007
ePaper
Markets (July 23)
BSE Sensex15732.20 (+166.25)
S&P CNX Nifty4619.35 (+53.30)
US Dollar (Buy/Sell)40.29


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PREFERENTIAL ALLOTMENTS
Indiabulls Real Estate allots shares to Oberon
Mumbai, July 23 Indiabulls Real Estate Ltd has allotted 1.15 crore equity shares of face value Rs 2 each, to Oberon Ltd at a conversion price of Rs 138 per equity share.With this, the paid-up equity capital of Indiabulls Real Estate ... More

MUTUAL FUNDS
MF investors in Sikkim in a quandary over mandatory PAN directive
Central direct taxes not applicable; Chamber seeks exemption from SEBI order More

STOCKS
Shyam Telecom shareholders in a fix over non-listing of Telelink shares
Facing problem over valuation for filing tax returns More

Electrosteel Q1 net up 57% at Rs 30 cr; board clears stock split
Kolkata, July 23 Electrosteel Castings Ltd, for the quarter ended June 30, 2007, has recorded a 57 per cent increase in profit after tax to Rs 29.82 crore (Rs 18.94 crore). Total income jumped to Rs 320.83 crore (Rs 260.61 crore), with ... More

Titagarh Ind up on buying frenzy
Titagarh Industries on Monday sprang up by 20 per cent to close at Rs 42.40 on the BSE with 1.53 lakh shares changing hands. The stock, which was gradually coming to activity after a comprehensive settlement with the ARCIL (over the NPAs it took ... More

Buyback plans lift Hindustan Unilever
Analysts expect a higher price band for buyback offer More

Telecom stocks continue to perform well on bourses
RCom decision to sell 5% stake in tower co draws investors’ attention More

TECHNICAL ANALYSIS
Bull domination
Trading activity witnessed bull domination on Monday. However, the sentiment reading of the tradable counters continues to remain bearish. Further, bull move on Tuesday is likely to change the sentiment reading in their favour. On the ... More

FOREIGN INSTITUTIONAL INVESTORS
Rupee scales nine-year high
Aided by strong FII inflows, weakening dollar More

FIIs raise exposure in listed public sector banks
There are at least 10 banks where their stakes are in double digits More

India Fund is Blackstone Group’s star performer
More

ASSET MANAGEMENT COMPANIES
SBI Funds plans advisory services in US
Mumbai, July 23 SBI Funds Management plans to offer advisory services to asset management companies and local funds in the US to invest funds in India. The services are likely to be launched from August. Mr R.S. Srinivas Jain, Chief ... More

IPOS
Suryachakra Power lists at 50% premium
Mumbai, July 23 The stock of Suryachakra Power Corporation Ltd made its debut on the BSE at a premium of 50 per cent at Rs 30 against the offer price of Rs 20 per share. The opening price at Rs 30 was the intra-day high for the stock, while it ... More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
Iran pipeline project: GAIL invites bids for legal consultant

‘US tech spend to rise this year’

Shyam Telecom shareholders in a fix over non-listing of Telelink shares

Centre slashes import duties on cooking oils

Chennai to get weatherproof cricket stadium for World Cup

Vadilal expanding food processing capacities

Dr Reddy’s net up 31% at Rs 183 cr

Ratnagiri may start power generation using gas as feedstock by mid-Aug

Service efficiency may determine port tariffs

Looking back
Jul. 15-Jul. 21
Morgan Stanley verdict leaves ‘economic nexus’ open to interpretation

‘Financial super-markets, boutique investment outfits will survive’

Oracle may pick up 7% stake in Empower

‘Trading, IPO & MF transactions key businesses for stockbrokers’

Are markets ignoring the negatives?

Indian ADRs post mixed returns

Credit Suisse sees recovery in consumer spending in H2

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