The Hindu Business Line : Markets

April 2: In the sharpest dip in about 10 months, the Sensex caves in by 616.73 points reacting to the Reserve Bank of India’s hike in repo rates and Cash Reserve Ratio.

Market regulator SEBI’s proposal not to recognise nominee directors of financial institutions as independent directors is in contravention of the Listing Agreement, says industry chamber Assocham.

April 9: The Sensex rises 321.66 points or 2.5 per cent to end higher at 13,177.74. NSE S&P CNX Nifty index closes at 3,843.50, up 2.44 per cent.

April 12: Deloitte Corporate Finance Services India Pvt Ltd announces the launch of a dedicated Private Equity practice in India, which will work closely with the Asia Pacific regional practice, UK and US member firms of Deloitte Touche Tohmatsu and the rest of the DTT network.

The Bombay Stock Exchange says it has received expression of interest from 20 parties for picking up 41 per cent stake in the exchange at a price of Rs 5,200 per share.

April 13: The Singapore Exchange Ltd announces the listing of its first global depository receipts by Uttam Galva Steels Ltd.

The shares of the company shall begin trading next week.

The SEBI permits the BSE and the NSE to set up corporate bond trading platforms from July 1.

April 14: SBI Funds Management Pvt Ltd - investment managers for SBI Mutual Fund ties-up with Citibank, to increase the reach of investors across the country.April 16: Reliance Industries regains the top slot in terms of capitalisation and pushes ONGC down to the second position. SEBI caps mutual funds’ exposure to short-term bank deposits at 15%.

IFC acquires 7 million shares of Cairn India for about $ 20 million.

April 17: The units of UTI Mutual Fund’s Gold Exchange Traded Fund, UTI `Goldshare’, mark their debut on the NSE at Rs 950.

The stock of Dish TV India Ltd makes its debut on the BSE at Rs 120 at a premium of 4.35 per cent against its offer price of Rs 115.

April 19: BankMuscat acquires 43 per cent stake in the holding company of the Mangal Keshav Group.

April 24: The Sensex closes above the 14,000-mark.Sun TV board okays 1:1 bonus issue

Listed companies will now have to submit only the salient features of their balance sheets to shareholders instead of the complete report, according to a SEBI circular.

The Securities and Exchange Board of India bars 14 entities of a New Delhi-based business house called Jalco Group and its associates as also 9 directors of the group from dealing in shares of GHCL. Securities and Exchange Board of India bars Mr Latesh Chedda, Mr Viren Kenia, Mr Bhavin Chedda, Mr Chetan Rathod, Neptune Fincot P Ltd, Mr Dhiren Pajwani and R SS Investment Ltd. from buying, selling or dealing in securities, directly or indirectly on the day of listing of securities on the stock exchanges.

Fortis Healthcare Ltd, a Ranbaxy promoter group company, makes its debut on the BSE at a discount of 2.86 per cent at Rs 105 against the issue price of Rs 108.May 10

Life Insurance Corporation, State Bank of India, Reliance Mutual Fund, Punjab National Bank, HDFC Mutual Fund and Corporation Bank together bag over three-fourths of the 2.97 crore shares of Maruti Udyog Ltd put on the block by the Government.

Fidelity Management and Research Corporation and Fidelity International Ltd pare combined holding in Arvind Mills.

Lok Sabha passes Bill on trading in securitised debt instruments

Reliance Capital picks 5% stake in Network 18 through open market transaction.

Events 2007 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

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