The Hindu Business Line : Saturday, October 06, 2007

OPEN OFFERS
Open offer for Zenotech
Hyderabad, Oct. 5 Rabo India Securities, on behalf of Ranbaxy Laboratories Ltd (acquirer), has issued a public announcement to the shareholders of Zenotech Laboratories Ltd (target company).According to a statement issued to the BSE, ... More

NEW FUND OFFER
UTI relaunches GSF-Petro as Energy Fund
Mumbai, Oct. 5 UTI Mutual Fund launched UTI Energy Fund on Friday. The fund is widening the investment objective of its existing UTI-GSF-Petro and renaming the fund to UTI Energy Fund. The investment objective of this new fund is to ... More

STOCKS
Capital goods stocks attract investor frenzy
Due to surge in capex across industries More

Talks of delay in issue of fertiliser bonds hit stocks
‘Subsidy bill for FY-08 expected to touch Rs 40,000 cr’ More

Bank stocks dip on fund selling
Bank stocks have been witnessing some selling pressure in the last couple of days. According to market sources, a few big institutions have been selling banking sector stocks (and also reduced their open interest positions in F&O segment), on ... More

TECHNICAL ANALYSIS
Volatile movement
Friday’s trading activity witnessed volatile movement. The sentiment reading of the tradable counters changed to bearish. Bull move on Monday is likely to change the sentiment reading in their favour. On the contrary, the current ... More

FOREIGN INSTITUTIONAL INVESTORS
‘Foreign funds raise $30 b for Indian real estate investment’
Private equity market has evolved drastically: Cushman &Wakefield More

UBS, Merrill Lynch, Morgan Stanley pick up stake in ICSA
UBS Securities Asia Ltd, Merrill Lynch and Morgan Stanley have picked up 3.47 per cent (2,80,665 shares), 3.32 per cent (2,68,540 shares) and 1.83 per cent (1,48,292 shares) respectively in ICSA (India), a technology solutions provider for ... More

ASSET MANAGEMENT COMPANIES
BoB ties up with Pioneer for asset management
Joint venture will first offer products of Indian origin More