The Hindu Business Line : Friday, October 14, 2005

Files prospectus for public issue — BoB plans foray into insurance, stock broking
BANK of Baroda (BoB) has filed a Red Herring Prospectus with the Securities and Exchange Board ofIndia (SEBI) in connection with its proposed public issue that envisages issuance of 71,000,000 equity shares of Rs 10 each, entirely through the ... More

Geojit to launch women-only branches
TO facilitate greater participation and investment by women in capital markets, Geojit Financial Services Ltd will soon be opening women-only branches at Kochi, Mumbai and Chennai. Addressing a press conference here, Mr C. J. George, Managing ... More

TECHNICAL ANALYSIS

Bears prevail
BEARS prevailed over Thursday's trading activity. However, the sentiment reading of the tradable counters remains neutral. Bear move on Friday has the potential to change the sentiment reading in their favour. On the other hand, the prevailing ... More

STOCK EXCHANGES

Ravindra Babu is NSE executive panel member
MR K. Ravindra Babu of Zen Securities Ltd, a Hyderabad-based stockbroker with over two decades of experience, has been appointed as a member of the Executive Committee of National Stock Exchange (NSE), a high-powered body that manages the ... More

STOCK MARKETS

Sensex slides 165 pts; tech stocks worst hit
WEAK international equity markets and a depreciating rupee against the US dollar depressed sentiment as BSE Sensex fell sharply by over 165 points. Technology stocks were the worst affected in Thursday's trading and they led the fall. Good ... More

Biocon gains ahead of Q2 numbers
BIOCON Ltd was among the few that bucked the falling trend on Thursday. The stock with a face value of Rs 5 ended 3.36 per cent higher at Rs 502.65, after touching the day's high at Rs 525. The traded quantity also jumped from its two-week ... More

COMMENTARY

Bear hug chokes frontline stocks
THE markets witnessed all-round selling on Thursday. The Sensex fell to a three-week low of 8376.9 - down by 163.6 points or 1.9 per cent. Pessimism reigned high in the frontline stocks while mid-cap stocks were relatively less affected. The ... More

IPOS

South Indian Bank plans Rs 150-cr public issue
SOUTH Indian Bank (SIB) today said that it plans to mobilise up to Rs 150 crore through a public issue for increasing share capital to meet Basel II norms. The proposed issue would be through book-building route, the bank said in a ... More

Bannari Amman Spng plans public issue
BANNARI Amman Spinning Mills Ltd is entering the capital market to raise between Rs 80-95 crore to fund its expansion plans. The company is coming out with a public issue of 70 lakh shares at a face value of Rs 10 each through the 100 per cent ... More