Business Daily from THE HINDU group of publications
Saturday, May 31, 2008
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Markets (May 30)
BSE Sensex16415.57 (+99.31)
S&P CNX Nifty4870.10 (+34.80)
US Dollar42.53 (-0.35)


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MARKETS

STOCKS
Information technology stocks regain glory on strong dollar
BSE IT index outpaces Sensex; Satyam hits 52-week high More

Reliance Power turns weak on ex-bonus
Despite bonus, it’s still negative for investors More

STOCK MARKETS
Weekly Market Round-up
The Sensex continued its losing streak Monday on global weakness and opened down by 172 points at 16,468. Selling was seen across the board on concern over crude oil price, further rise in inflation and hardening interest rates outlook. ... More

FOREIGN INSTITUTIONAL INVESTORS
SEBI amendments to FII norms to discourage sub-accounts
Mumbai, May 30 SEBI’s amendments to its FII regulations, which were notified on May 22, are in essence meant to discourage sub accounts and tighten conditions for issuance of Offshore Derivative Instruments (ODIs) , while encouraging ... More

IPOS
BSNL public issue caught in DoT-unions cross talk
Differing reports on Thursday’s talks between Minister and union leaders More

Godrej Properties to go public, files prospectus with SEBI
Godrej Group company Godrej Properties Ltd on Friday filed the Draft Red Herring Prospectus with SEBI for an initial public offering to raise necessary fund for company’s expansion.The company is expecting to raise around Rs 600 ... More

Persistent Systems to file draft prospectus again
Pune, May 30 Completion of the ongoing projects, similar growth pattern and re-filing the Draft Red Herring Prospectus for the IPO is the road map that Persistent Systems, player in the outsourced product development has chalked out for itself ... More

ECONOMIC OFFENCES
SEBI imposes Rs 3 lakh penalty on Enpee
Mumbai, May 30 Market regulator SEBI on Friday imposed a fine of Rs 3 lakh on Enpee Enterprises Pvt Ltd for its manipulative and unfair trade practices.Enpee engaged in circular trades, reversal trades and synchronised trades in the ... 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
Essar Oil to raise fresh debt up to $5 billion

Emami buys out Vaidyas in Zandu Pharma

Watch out for the mystery shopper!

2 shrimp exporters picked for US dumping duty review

Bulk of power stations remains on paper even after ‘commissioning’

Marginal rise in import of sensitive items in 2007-08

Satyam takes on lease 4 lakh sq ft in Chennai SEZ

STPI Hyderabad exports rise 41%

Looking back
May. 18-May. 24
Is it time to be cautious?

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