The Hindu Business Line : Thursday, September 13, 2007

TECHNICAL ANALYSIS
Sideways movement
Wednesday’s market witnessed sideways movement. However, the sentiment reading of the tradable counters remains bullish. Bear move on Thursday is likely to change the sentiment reading in their favour. On the contrary, the prevailing ... More

STOCK MARKETS
Guar gum producers gain
Stocks of guar gum producer Vikas WSP (that recently re-entered the market) and India Glycols have been moving up quite steadily, with improved trading volumes. Both India Glycols and Vikas WSP on Wednesday hit the 52-week high of Rs 210 ... More

DERIVATIVES MARKETS
Bank counters shed open interest
Chennai, Sept. 12 Nifty future ended flat on Wednesday but open interest positions dipped 0.29 per cent at 3.78 crore contracts, indicating nervousness of market participants. The discount of 10.5 points against Tuesday’s 11.5 ... More

FOREIGN INSTITUTIONAL INVESTORS
Shriram Properties ropes in Starwood, Walton Street
For Rs 5,500-cr integrated township project in W. Bengal More

First Connect picks 12% in Adlabs
Mumbai, Sept. 12 First Connect Telecom Pvt Ltd has acquired 12.06 per cent in Adlabs Films Ltd. It has bought 48 lakh shares in the company according to the data available on the BSE. Indopak Holdings has acquired 5.86 per cent in Cambridge ... More

IMPACT
Will FII activity in F&O increase?
Foreign G-secs as collateral allowed More

iLabs Mgmt is now Peepul Capital
New Delhi, Sept. 12 Private Equity firm iLabs Management LLC on Wednesday announced a change in its name to Peepul Capital LLC. The re-branding initiative coincides with the announcement of firm’s latest investment fund of $214 ... More

INTERVIEW
Stock options: The costly ambiguity
Chennai, Sept. 12 In the ambiguity surrounding fringe benefit tax (FBT) on employee stock option plans (ESOPs), the biggest affected party is possibly the Government, according to Mr Kaushik Mukerjee, Executive Director of ... More

IPOS
Dhanus Tech issue subscribed 28 times
Mumbai, Sept. 12 The IPO by Dhanus Technologies Limited, a communication services company, was subscribed 28.47 times when the issue closed on Wednesday. The equity shares are proposed to be listed on BSE and NSE. The bids were received across ... More

Khadim plans IPO

Kolkata, Sept.12 Khadim India, the footwear maker that has lately ventured into organised retailing, is planning an IPO.The company has lined up a public issue of 55 lakh equity shares, of which the net issue to the public ... More

PUBLIC OFFER
SBI looking at options to raise Rs 10,000 cr by December
‘No timeframe set for group mergers; India Inc should learn credit discipline’ More