MARKETS
ANNOUNCEMENTS
Corporate developments
Jet Airways (India) Ltd and United Airlines have concluded an agreement for Codeshare and Frequent Flyer programme benefits for their customers, which is expected to begin around November 1. Under the agreement, Jet ...
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FINANCIAL SERVICES
Angel Broking launches mobile service
Mumbai, May 20 Angel Broking has launched ‘Mobile Connect’ service for cell phone users. Those who log on to the mobile connect service can get real time equity, F&O, commodities and mutual funds data on a single ...
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NEW FUND OFFER
Lotus India AMC launches banking fund
Mumbai, May 20 Lotus India Asset Management Company (AMC) has launched ‘Lotus India Banking Fund’, an open-ended banking sector fund. “The investment objective of the scheme is to generate long-term capital growth ...
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STOCKS
SCI announces 1:2 bonus
The board of directors of Shipping Corporation of India (SCI) has recommended a bonus issue of shares in the ratio of 1:2 i.e. one bonus share for every two shares held. Since the company has huge reserves, the management has decided to utilise ...
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IL&FS Investsmart drops on ‘unattractive’ deal
Other brokerages see mixed fortunes
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Suzlon posts strong growth despite paying for quality issues
International realisations to improve
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Tepid numbers from Dr Reddy’s
Healthy growth in branded formulations business
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INTERNET
Cholamandalam DBS Finance launches portal
Chennai, May 20 Cholamandalam DBS Finance Ltd has launched an online investment portal for retail investors and traders, according to a press release from the company.The portal, More
STOCK MARKETS
LSE, Firstsource sign pact for equity research
Mumbai, May 20 The London Stock Exchange (LSE) and the US subsidiary of BPO company Firstsource Solutions have entered into a memorandum of understanding in which the city-based company will provide equity research on the companies traded on ...
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The economy-stock market divergence
The last several weeks have seen a disconnect between US economic data, energy, commodity and food prices on the one hand, and stock prices on the other. In fact, despite the severe woes of the economy and credit markets, the Dow Jones ...
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Anxious
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DERIVATIVES MARKETS
Cairn, HDIL see jump in open interests
Nifty future discount widens
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FOREIGN INSTITUTIONAL INVESTORS
Inclusion in MSCI India Index lifts JSW Steel
Tata Tea, MTNL, Bajaj Holdings, BEL, Dish TV excluded
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RECOMMENDATION
TODAY'S PICK (Latest Audio: English/Tamil)
Entertainment Network (Rs 433.1): Buy
We recommend a buy in Entertainment Network India from a short-term perspective. It is evident from the chart that the Entertainment Network India was on a medium-term downtrend from its December 2007 high of Rs 700 to its March 2008 low of Rs ...
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Day Trading Guide
After finding resistance at around Rs 955, the stock began to decline. We recommend a sell. Infosys Buy the stock in dips with tight stop loss at Rs 1,870.L&TFresh ...
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IPOS
Tapping new sources
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Triveni Infra plans IPO
Mumbai, May 20 Triveni Infrastructure Development Company Ltd, a real estate developer with primary focus on the NCR region, intends to tap the capital market to raise about Rs 400 crore with an initial public offering of 80 lakh equity shares ...
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RIGHTS ISSUE
Thomas Cook rights issue after completion of open offer
Online travel portal launched
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