The Hindu Business Line : Tuesday, October 10, 2006

INVESTMENTS
`Indian HNI base growing rapidly'
The number of rich people (commonly known as high net worth individuals or HNIs) is growing at a rapid pace. The Asia-Pacific Wealth Report by DSP Merrill Lynch Ltd (DSPML) and consultant Capgemini India puts the number of Indian HNIs at ... More

STOCKS
Acquisition deal talk energises Wanbury
Co board meets next week to consider acquisition More

E*Trade open offer to IL&FS Investsmart
E*Trade Financial plans to acquire up to 1,38,64,082 equity shares of Rs 10 each representing emerging voting capital of IL&FS Investsmart at Rs 210 per share. The offer will increase its fully paid-up voting capital in Investsmart to 27.87 per . More

Small-cap cement stocks do well
Market making activity continued to be strong on Monday in the cement counters even as heavyweights closed a trifle lower. According to market sources, some of the small-cap cement stocks saw higher than normal trading volumes. Cement counters, ... More

TECHNICAL ANALYSIS
Sideways movement
Monday's trading activity witnessed sideways movement. However, the sentiment reading of the tradable counters changed bearish. Bull move on Tuesday is likely to neutralise the sentiment reading. On the other hand, the prevailing bearish ... More

REGULATORY BODIES & RULINGS
Trading in corporate bonds: RBI upsets SEBI plans
Seeks separate platform for banks and FIs More

Expert for single financial regulator
Prof. Marti G. Subrahmanyam, Professor of Economics and Finance, Leonard N Stern School of Business, New York, favours a single super-regulator to oversee the entire financial sector, rather than a system of multiple regulators such as RBI, SEBI, ... More

INTERVIEW
3i Infotech raises € 15 m thru FCCB
3i Infotech has raised € 15 million by way of an FCCB offering, convertible over a four-and-a-half-year period for its expansion plans. The company's CFO, Mr Amar Chintopanth, says that this could lead to a dilution of about 6-7% to the ... More