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Thursday, December 25, 2008
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STOCKS: Satyam Computer recoups after sharp slide
World Bank ban weakens sentiment further. Hyderabad, Dec. 24: The Satyam stock has hit a 52-week low of Rs 114.65 on Wednesday on reports of World Bank confirming that it barred the company for eight years from getting ...

REGULATORY BODIES & RULINGS: Kotak Securities fined Rs 10 lakh
Violation of SEBI norms on DPs. Mumbai, Dec. 24 The Securities and Exchange Board of India on Wednesday imposed a fine of Rs 10 lakh on Kotak Securities Ltd (KSL) for alleged violations of SEBI Regulations pertaining to the Depository ...

INSIGHT: Mutual back scratching
A bargain hunter wouldn’t do a second transaction at the same shop because conventional wisdom says the shopkeeper would get his back on the customer in the second outing. Many housewives are excellent shoppers and they keep this ...

INTERVIEW: ‘Grab the opportunity, but retain focus during acquisition’
Emerging markets’ MNCs will play a major role in globalisation. Chennai, Dec. 24 We saw a few days ago how a major deal was reversed within hours. Are there lessons in this on what can go terribly wrong with a big-ticket mergers and ...

REGULATORY BODIES & RULINGS: SEBI bars Somani Cement promoters from accessing market for 10 years
Mumbai, Dec. 24 The Securities and Exchange Board of India in an ex-parte order restrained the promoters of Somani Cement Company Ltd (SCCL) from accessing the securities market for a period of 10 ...

DERIVATIVES MARKETS: New ICAI guidance for valuation of complex financial instruments
New Delhi, Dec. 24 The accountancy profession regulator — the Institute of Chartered Accountants of India (ICAI) has cautioned its practicing members about the possibility of “management bias” in the valuation of ...

Columnists: Harish Bijoor Ramanujam Sridhar S Ramesh Kumar Radhika Chada




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Markets (Dec 24)
Nifty (at close)2916.85(-51.80)
US Dollar (Buy/Sell)48.20/25
Brent crude (a bbl) Rs1,845
Gold (a gram) Rs1,210
Silver (a kg) Rs17,780

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