Business Daily from THE HINDU group of publications
Tuesday, August 21, 2007
ePaper
Markets (August 29)
BSE Sensex14993.04 (+73.85)
S&P CNX Nifty4359.30 (+38.60)
US Dollar (Buy/Sell)41.16 (-0.01)


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FINANCIAL SERVICES
DBS Cholamandalam launches share trading in Kerala
Kochi, Aug. 20 DBS Cholamandalam Wealth Management, a subsidiary of Cholamandalam DBS Finance Company Ltd, has launched its share trading services across its branches in Kerala. These branches promise to be a one-stop financial advisory ... More

STOCKS
Bank stocks gain after recent fall
Divesting stake in arm helps ICICI Bank further More

IT stocks see funds’ selling
Even when the market was resilient on the back of strong global cues, one sector that bucked the general trend on Monday was IT. The BSE IT index slipped 0.91 per cent and CNX IT weakened by 0.51 per cent, with bellwether stocks Infosys, Satyam ... More

Fertiliser stocks jump on Govt bond plans
Sector has been viewed as defensive bet by analysts More

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

STOCK MARKETS
Stock markets bounce back
The domestic stock markets on Monday staged an anticipated recovery, in line with the other Asian markets. The US Federal Reserve’s decision to cut discount rates by 50 bps on Friday had boosted sentiments across the global ... More

HUMAN RESOURCES
Irevna Research to hire 200 people
Irevna Research Services, a division of Crisil Ltd, which undertakes equity research for foreign clients, plans to hire 200 people . Irevna today has around 550 people on its rolls, over 500 of whom are professionals. Last year, 153 ... More

FOREIGN INSTITUTIONAL INVESTORS
Blackstone Group to acquire Gokaldas Exports for Rs 676 cr
Rs 275 per share for 50.1% stake; open offer for another 20% More

IPOS
Vijayanand Road Lines to raise Rs 300 cr, plans IPO
Expanding infrastructure for various divisions More

Pantaloon Retail nod for Future Capital IPO
Mumbai, Aug. 20 Pantaloon Retail India Ltd has informed the BSE that its board of directors has given approval for the initial public offering (IPO) of Future Capital Holdings Ltd, its financial arm, for about 10 per cent of the post-issue ... More

Motilal Oswal IPO subscribed 2 times
Mumbai, Aug. 2 The initial public offering of Motilal Oswal Financial Services Ltd (MOFSL) was subscribed 1.96 times on the first day of the book building process. The IPO received bids for 58,40,448 shares for the 29.82 lakh shares on offer. ... More






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