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Monday, August 08, 2005


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Reliance holds Rs 12,000 cr worth of its own stock
ABOUT 17 crore shares of Reliance Industries worth Rs 12,000 crore in value are held by certain entities, according to the company, for the collective benefit of the shareholders. These entities would not, however, be receiving shares that would ... More

IPOs: Govt plans separate books for institutional, retail buyers
Having separate books could help in getting rid of the trend of announcement of bloated, and often misleading, oversubscription figures. More

AI may name financial advisor for IPO today
The airline had in July shortlisted six merchant bankers, namely, DSP Merrill Lynch, JM Morgan Stanley, Kotak Investment Banking, SBI Capital Markets, HSBC, Enam Financial Consultants, and Citibank, for this purpose. The IPO is expected to ... More

Ad spends of oil cos take a hit
THE axe seems to have fallen on the advertising expenditure of oil companies mainly due to the huge losses suffered by them during the first quarter of the current fiscal and a directive from the Prime Minister's Office (PMO) to cut costs on ... More

Political parties opposed to pvt players' entry in n-power
POLITICAL parties across the spectrum seem to be opposed to any attempts at opening up the nuclear power generation sector to participation by private players, at least in the near future. While the Left parties, which are supporting the UPA ... More

If you've short positions, stick to stop losses
Khan was studying shots of Discovery, skimming through 2,800 news reports that Google listed about the shuttle’s re-entry. Jogin sat glued to the TV, tracking the cricket series in Sri Lanka. Sridevi gathered GK books, wishing for a chance to ... More

7 SEBs reduce cash losses by Rs 3,000 cr
STATE electricity boards (SEBs) have begun a clean-up of their balance sheets and have managed to partially plug the leak. Led by West Bengal, Gujarat and Andhra Pradesh, the distribution utilities of seven States have managed to collectively ... More

Entry-level PC prices now at one-third of 2002 rates — Duty cuts, tech advancement, competition cited as reasons
A BRANDED PC at the price of a lower-end colour TV may have sounded unbelievable sometime ago. But a mix of duty cuts, rapid advancement in technology and intense competition in the market has ensured that you can now go for that long-deferred ... More

Plains in the north bracing for `weak phase' of monsoon
The NCMRWF said rainfall is likely over the north and northwest during the next 24 hours. Subsequently, rainfall activity is likely to recede from the plains. More



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