Financial Daily from THE HINDU group of publications
Friday, June 17, 2005
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Financial Daily from THE HINDU group of publications Friday, June 17, 2005 |
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MARKETS PREFERENTIAL ALLOTMENTS 
Orissa Sponge to make pref allotments — Promoters to get 12 lakh share warrants at Rs 58ORISSA Sponge will issue 12 lakh share warrants to its promoters at a price of Rs 58 each for every Rs 10 face value shares on a preferential basis. The price is arrived at following SEBI's recommended formula. This follows the invalidity of an ... More MUTUAL FUNDS Benchmark MF unveils Split Capital Fund BENCHMARK Mutual Fund today announced the launch of a scheme called `Split Capital Fund - Balanced'. The fund is structured as a three-year close-ended fund with a portfolio of debt and equity. It will be open from June 22 to July 14. "We ... More
Birla MF aims for third slot in industry
Dividend yield funds are a hit with investors
Ascendas launches Rs 1,000-cr India IT Parks Fund STOCKS Media stocks hog the limelight THE Union Cabinet's decision to allow FIIs to invest in print media set the stocks of companies in newspapers business on fire. Stocks of TV news channel companies also went up. The announcement, which came during the trading hours, saw ... More TECHNICAL ANALYSIS Narrow movement THURSDAY'S trading activity witnessed a range-bound movement. The day's market action reduced the bull count marginally. However, the sentiment reading of the tradable counters remains bullish. Bear domination on Friday is likely to change the ... More STOCK MARKETS Buying on advance tax payment THE counter of Tata Steel witnessed a lot of buying interest on Thursday. Dealers said the interest in the counter came on market talk of advance tax paid by the company. The company is understood to have paid tax of around Rs 265 crore. ... More FOREIGN INSTITUTIONAL INVESTORS 
FIIs allowed in print media — Cabinet clears facsimile editions of foreign newspapers, journals"Indian editions (of foreign newspapers) have not been permitted because of apprehensions that the Indian newspaper industry will not be able to withstand the competition." More COMMENTARY Profit-taking pulls down indices on volatile day THE markets ended in the red on Thursday, after alternate bouts of buying and selling. The Sensex opened on a firm note earlier in the day but later went down to an intra-day low of 6,869.5. After high volatility and heavy profit-taking, it ... More IPOS Provogue IPO subscribed 25 times PROVOGUE'S initial public offerings, which closed on Thursday, was subscribed 24.75 times. The total number of bids received was 10 crore shares. The total bids received at the cut-off price of Rs 150 were 3.83 crore shares. There are 40.49 ... More PUBLIC OFFER 
Shrachi Securities plans public issue; to change name with `infrastructure' tagSHRACHI Securities Ltd (SSL), which chiefly finances commercial vehicles, has proposed to expand its infrastructure funding operations. SSL has lined up an equity issue to bolster its paid-up capital, which currently stands at Rs 8.50 crore. ... More Stock Quotes SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus BHEL Disinvestment China's revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Jun. 5-Jun. 11 Kalpathis almost exit Scandent Equity funds scaling up FMCG holdings Kotak Mahindra Mutual plans more schemes |
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