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STOCKS: Ramalinga Raju sold 4.4 crore shares in 2001-08 period
Raju’s stake fell from 22.78% to 8.63% over seven years. Chennai, Jan.18 Satyam Computer Services’ ex-Chairman, Mr Ramalinga Raju, sold a little under four-and- a-half crore shares in the company over a seven-year period since ...

RECOMMENDATION: Ashok Leyland (Rs 15): Buy
We recommend a buy in Ashok Leyland from a short term perspective. The stock has been in a short term correction since the January 6 peak at Rs 16.9. This decline halted at Rs 14 last Thursday after retracing 61.8 per cent of its prior ...

FOREIGN INSTITUTIONAL INVESTORS: Retail investors hike stake in BSE-500 cos, even as FIIs exit
Overseas investors reduce stake in 60% of companies. BL Research Bureau It is retail investors who have lapped up the bulk of the shares relinquished by FIIs during their selling spree in 2008. And they are no longer mimicking FIIs in their ...

OUTLOOK: Trading may begin on optimistic note
Some investors seem to be showing interest at current levels. This week market may open on a positive note on sentimental grounds, and is likely to follow a relatively steady course. After Satyam and Nortel negatives were factored in to a large ...

COMMENTARY: Indian counters suffer on recent developments
Only Infosys, Dr. Reddy’s Lab end on positive note. While global markets began last week on a weak note, they recovered towards the end, mainly betting on Obama, who will take over the US mantle from January 19. However, the recovery was ...

STOCK MARKETS: Obama for change, Raju for president
Bidyut (an economics professor) is pouring over a report of the latest financial results of IT companies seated in a coffee pub when his friends Mack (an American expat working in India) and Divya (a journalist) walk ...

STOCKS: Better to sell shares directly to MD?
I am working in a listed company. Our managing director has been asking us to sell our shares in the company to him if and when we desire to sell them instead of selling through a broker. He says both the sides can save ...

Columnists: Harish Bijoor Ramanujam Sridhar S Ramesh Kumar Radhika Chada




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Markets (Jan 17)
Nifty (at close)2,828.45(+91.75)
US Dollar (Buy/Sell)48.77/79
Brent crude (a bbl) Rs2,132
Gold (a gram) Rs1,230
Silver (a kg) Rs19,320

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