The Hindu Business Line : Wednesday, November 22, 2006

Narayana Murthy richer by close to Rs 1,000 cr
The Infosys' founder, Mr N.R. Narayana Murthy's Midas touch remains intact. Months after he hung up his boots as the Chairman of Infosys, the Indian IT icon is richer by close to Rs 1,000 crore after he sold 40 lakh shares through the company's ... More

Sun Pharma to allot shares
Sun Pharmaceutical Industries Ltd will allot 4,62,875 equity shares of Rs 5 each at a premium of Rs 724.30 per share upon conversion for 7,500 zero coupon foreign currency convertible bonds (FCCB) of $ 1,000 each into equity ... More

About 3,000 retail investors offered 7 m Infosys shares
Actual forex inflows likely to be lower More

Western India to change hands?
Western India Shipyard counter has been buzzing with activity of late in view of Street expectation that the sale of the company is imminent. The loss-making company has been put on the block by a consortium of banks as a functional asset and ... More

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

STOCK MARKETS
`Banks may need to trim loans against shares'
Union Bank ties up with ILFS More

FOREIGN INSTITUTIONAL INVESTORS
Rupee gains on FII inflows
The rupee gained by almost 11 paise on Tuesday on strong FII inflows into the domestic stock markets. "News about the proceeds from Infosys's issuance of American Depository Receipts entering the market also helped the rupee. ... More

Roseburg reduces stake in Quintegra
Roseburg Inc of Mauritius, an investment company, has reduced its stake in Quintegra Solutions Ltd by 6.44 per cent to 34.39 per cent per cent. As on September 30, Roseburg held 40.83 per cent equity in the Chennai-based information technology ... More

REGULATORY BODIES & RULINGS
IPO case: Depositories told to pay back Rs 116 cr
Initial public offering allotment case More

COMMENTARY
Strong show by engg, FMCG, metals boosts sentiments
More

IPOS
Info Edge lists at 50 pc premium
The stock of Info Edge (India) Ltd made its debut on BSE at Rs 480, at a premium of 50 per cent to its issue price of Rs 320. The company is a provider of online recruitment, matrimonial classifieds and related services in India. The stock ... More

Shivam Auto debuts at Rs 171.10
The shares of Shivam Autotech made its debut at Rs 171.10 on the BSE. The share price touched an intra-day high of Rs 281 and low of Rs 161. The shares ended at Rs 257.10. The shares got listed in the B1 category on the BSE. The company was ... More

L T Overseas announces Rs 35-cr IPO
Proceeds of the issue to be used for expansion More

PUBLIC OFFER
Kovilpatti Lakshmi announces follow-on public offer
Issue opens from Nov 27-Dec 1 More

VENTURE CAPITAL
Worbus to invest in 3 listed cos in India
Worbus, a US-based M&A consultant and venture capitalist group, will invest in three listed companies for the first time in India. "The investments would be around 10 per cent in each stock. The three investments could be formalised within a ... More