Business Daily from THE HINDU group of publications
Thursday, May 15, 2008
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Markets (May 14)
BSE Sensex16978.35 (+225.49)
S&P CNX Nifty5011.75 (+53.95)
US Dollar42.53 (+0.40)


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ANNOUNCEMENTS
Corporate developments
Coimbatore, May 14 Apollo Sindhoori Capital Investments Ltd has called for a meeting of the board of directors on May 22 to approve the audited financial results for the financial year ending March 31, 2008 and to consider ... More

INSIGHT
What do REMFs offer stakeholders?
With the recent announcement of the much-awaited regulation of Real Estate Mutual Funds (REMFs), stakeholders are excited with the prospect of investing in the much-sought-after avenue of real estate. Currently, retail investors have limited ... More

STOCKS
Forging division hive-off news lifts LG Balakrishnan Brothers
New entity to be listed; eyeing cross-border acquisitions More

IMPACT
Lloyd Electric buyout to help access Europe
Luvata Czech would enable it to get superior technology More

TECHNICAL ANALYSIS
‘Waves to make sense of financial markets’
Expert bullish on CNX-IT index; bearish on Zinc More

STOCK MARKETS
Positive sentiment
More

DERIVATIVES MARKETS
Tata Steel price, open interest jump
RPL, Reliance shed open positions More

FOREIGN INSTITUTIONAL INVESTORS
India focus
More

RECOMMENDATION
TODAY'S PICK (Latest Audio: English/Tamil)
Polaris Software Lab (Rs 109.35): Buy
We recommend a buy in Polaris Software Lab from a short-term perspective. It is clearly visible from the charts that the stock has formed a significant trough at Rs 62 in January. This trough has halted the long-term down trend that was in ... More

Day Trading Guide
Negating our prior view, the stock moved up forming a long bullish candle, accompanied with good volume. We change our recommendation to buy. L&TThe stock is pausing at Rs 2,830 levels. Buy the stock in ... More

OUTLOOK
15.65 lakh demat accounts stay frozen for lack of PAN details
They form 10% of the total number of accounts More

ECONOMIC OFFENCES
Several investigating authorities on trail of IPO scamsters
Mumbai, May 14 The Enforcement Directorate has filed a complaint before the Adjudicating Authority under the Prevention of Money Laundering Act against some of the accused in the IPO scam. These accused entities’ shares have also been ... More






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Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
People's car

P-Note blues

Other Top Stories
What do REMFs offer stakeholders?

BSNL decides to deploy HP’s disaster recovery solutions

India to soon emerge as US Ex-Im Bank’s largest client

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Looking back
May. 4-May. 10
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FIPB likely to advise I-Sec to exercise ‘automatic route’

Max New York rules out sectoral funds as investment option for now

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