Business Daily from THE HINDU group of publications
Tuesday, December 25, 2007
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Markets (Dec. 24)
BSE Sensex19854.12 (+691.55)
S&P CNX Nifty5985.10 (+218.60)
US Dollar39.46 (-0.15)


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ANNOUNCEMENTS
Corporate developments
Coimbatore, Dec. 24 Alpa Laboratories Ltd has entered into an agreement with Wockhardt Ltd to manufacture products for further exports by Wockhardt. Alpa Labs is actively expanding its existing associations by joining hands ... More

PREFERENTIAL ALLOTMENTS
Singapore co invests in India Infoline
Preferential issue to raise Rs 555 cr More

Kinetic Engg to raise Rs 100 cr; setting up new gear facility
Pune, Dec 24 Power train components manufacturer Kinetic Engineering is raising Rs 100 crore to fuel current and future business development, including setting up of a new facility to manufacture gear box assemblies and transmission components ... More

INVESTMENTS
Trusts Act likely to be amended
To facilitate investment in shares More

STOCKS
‘Gujarat’ tag attracts investors
BL Research Bureau The politics of Gujarat shone bright on Dalal Street with companies related to the State catching investor fancy on Monday. Stocks of over 30 companies connected to the State ended the day with gains, a day after the ... More

Mascon promoter in talks to buy ICICI’s 5% stake
Pvt placement option given to GPC behind the move More

IT stocks make sharp recovery on resurgent buying interest
BSE IT index jumps 6% as top 4 companies shine More

Block deals in Sun TV
Chennai, Dec. 24 Sun TV Network Ltd today announced to the stock exchanges that the Chairman and Managing Director of the company, Mr Kalanidhi Maran, sold 1.17 crore shares (2.97 per cent) in a block deal on December 14. The closing price of ... More

TECHNICAL ANALYSIS
Bull domination
Monday’s trading activity witnessed bull movement. The sentiment reading of the tradable counters turned bullish. Bull move on Wednesday is likely to strengthen the current sentiment reading in their favour. On the contrary, the bears ... More

STOCK EXCHANGES
Subex delists from Bangalore SE
Subex Azure Ltd has informed the Bombay Stock Exchange that the company’s equity shares have been delisted from the Bangalore Stock Exchange with effect from December 6, 2007. _ Our ... More

STOCK MARKETS
Sensex gains 691 on global cues
Mumbai, Dec. 24 Strong global clues brought cheer to the stock markets with the Sensex recording its highest single day gain in the past one month. The index closed at 19,854.12, up by 691.55 points or 3.61 per cent.The broader ... More






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P-Note blues

Union Budget 2007-08

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Economic Survey 2006-2007

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Mascon promoter in talks to buy ICICI’s 5% stake

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