Business Daily from THE HINDU group of publications
Saturday, December 29, 2007
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Markets (Dec. 28)
BSE Sensex20206.95 (-9.77)
S&P CNX Nifty6079.70 (-1.80)
US Dollar39.45 (+0.01)


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INVESTMENTS
Moneycontrol ties up with Parsoli
Moneycontrol.com has tied-up with Parsoli Corporation to help the Muslim community in their ‘Islamic Investment Fund’. Moneycontrol.com will provide assistance to Muslims for their investments according to the guidelines ... More

MUTUAL FUNDS
Builders’ association welcomes REIT proposal
Mumbai, Dec. 28 Real estate mutual funds will not only offer small investors space in the realty segment but also help bring down prices, according to the Mumbai Chapter of the Builders Association of India.Market regular, Securities ... More

STOCKS
Asian Oil to issue shares to Samara
Drilling and seismic services provider to oil firms Asian Oilfield Services today said it will issue up to 15 lakh shares and 7.5 lakh convertible warrants to Samara Capital Partners Fund I Ltd. The company will also issue 4.5 lakh convertible ... More

Rail-related stocks on a roll
Freight corridor project, pre-Budget rally buoy sentiment More

Inox jumps on takeover buzz
Stock of Inox Leisure Ltd has jumped over 72 per cent during the last one month. Rumour doing the rounds in the market is that Adlabs Films may takeover the company. Sources say that on the back of this talk the stock has seen steady accumulation ... 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
Bharti Infratel sells $1 b stake to global investors
Enterprise valuation pegged at $10-12.5 billion More

REGULATORY BODIES & RULINGS
SEBI announces guidelines for REITs
Investors now have another route to invest in real estate. The SEBI has announced guidelines for schemes under the proposed Real Estate Investment Trusts (REITs).As per the draft guidelines, all schemes are to be compulsorily listed on ... More

EVENTS
India ‘safe and secure’ for foreign investors
Thanjavur, Dec. 28 India is considered a safe and secure destination by foreign investors, said Mr G. Anantharaman, Whole-Time Member, Securities and Exchange Board of India (SEBI), has said. Speaking on ‘Regulation and stock ... More

IPOS
Transformers and Rectifiers lists at 70% premium
Mumbai, Dec. 28 Transformers and Rectifiers (India) Ltd, a manufacturer of transformers ranging from power generation, transmission, distribution transformers, industrial transformers and a wide range of speciality transformers, today made its ... More






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