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Tuesday, May 31, 2005

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PREFERENTIAL ALLOTMENTS


Elder makes pref allotment to Citicorp
THE Mumbai-based pharma company, Elder Pharmaceuticals Ltd, has made a preferential allotment of shares and warrants to Citicorp International Finance Corporation (CIFC), part of Citigroup Global Investments. The drug company plans to use part ... More

FINANCIAL SERVICES


Golden Securities inaugurated in Mangalore
MANGALORE: Golden Securities, a brokerage firm dealing in shares and commodities, was inaugurated in Mangalore on Monday. Speaking on the occasion, the President of the Kanara Chamber of Commerce and Industries (KCCI), Mr A. Srinivasa ... More

TECHNICAL ANALYSIS


Bear domination
Bull domination on Tuesday has the potential to turn the sentiment reading to bullish. Otherwise, the prevailing bearish sentiment is likely to be further strengthened. Click here for table Nifty futures ... More

STOCK MARKETS


India Cement active on cheap loan hopes
Going by the Dalal Street grapevine, India Cement has paved the way for further interest cost reduction. After its debt restructuring with domestic banks through a one-time settlement earlier, the company has now understood to have negotiated ... More

DERIVATIVES MARKETS


Small reversal likely in ACC, ICICI Bank
THE following strategies are based on Monday's trading in the derivatives segment on the NSE. The strategies are constructed to take advantage of small reversal in futures prices. These positions may run counter to the primary trend. ... More

CORPORATE BONDS


`Attractive' way of selling fixed income securities!
DO you hold bonds issued by the likes of Noida Toll Road Co and Industrial Investment Bank of India? Do you wish to offload them without selling them the old-fashioned way? There is help at hand - in the form of an offer that you may not ... More

REGULATORY BODIES & RULINGS


New SEBI rule likely to hit sub-brokers
THE stock broking business of regional stock exchange (RSE) subsidiaries is likely to take a hit from next month. This is due to a new norm that will be implemented by SEBI from June barring the RSE members from dealing directly with ... More

COMMENTARY


Across-the-board selling in heavyweights
SELLING pressure across index heavyweights, fall in ADR price and selling spree by FIIs dragged the markets down, putting an end to the seven-day bull rally. While the Sensex was down 44.2 points, Nifty lost 4 points. On Monday, the markets ... More

IPOS


Provogue fixes IPO price band at Rs 130-150
PROVOGUE (India) Ltd, the clothing brand and retailer, is set to enter the capital market with its maiden initial public offering of 40,49,402 equity shares of Rs 10 each for cash at a premium to be fixed through the 100 per cent book building ... More
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Top Stories
New SEBI rule likely to hit sub-brokers


Radico, Mason, BDA in fray for part of SWC liquor biz — ICICI Bank talking to suitors

GEAC move to amend rules for approving Bt cotton — Rift between Monsanto sub-licencees, others widens

Telecom operators upbeat on zero rental schemes

Insurers may hike premiums on corporate medical covers

Railways may need to import 18,000 wheels to meet demand

Tata Power Q4 net up at Rs 170.55 cr, to pay Rs 7.5

In Focus

BHEL Disinvestment
China's revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition
More

In Depth

Gender Justice
Simple Economics
Tax Talk
More

Looking back
May. 22-May. 28
SEBI putting in place new market surveillance system

Short-covering may lift benchmarks

Infosys ADS priced at $67; response huge


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