The Hindu Business Line : Tuesday, January 31, 2006

GIC picks up 3 lakh shares in Surana Industries
THE Chennai-based Surana Industries Ltd's proposal to put up a Rs 473-crore integrated steel complex in Karnataka seems to have gone well with the financial sector. General Insurance Corporation of India Ltd has been picking up the company's ... More

Federal Bank GDR to list on London Stock Exchange on Thursday
THE Federal Bank GDR, which mobilised close to $80 million, is slated to list at the London Stock Exchange on Thursday. While the issue of 18 million Global Depository Receipts realised $71.46 million, the green shoe option of 2 million GDR ... More

TECHNICAL ANALYSIS

Volatile movement
MONDAY'S trading activity witnessed Volatile movement. However, the sentiment reading of the tradable counters remains bullish. Bear move on Tuesday is likely to change the sentiment reading in their favour. On the contrary, the prevailing ... More

STOCK MARKETS

Empire Industries betting on realty?
EMPIRE Industries on Monday closed on the five per cent upper circuit at Rs 286.35 on the BSE on the possibility of "value unlocking" through real estate sale, the dealers said. It has a total of 30 acres of land in Mumbai at two places, which ... More

MFs collection thru NFOs may touch Rs 10,000 cr in Jan
THE Sensex is just short of the 10,000-point mark. And the retail money continues to pour into the market through the mutual fund route, thanks to the huge amounts collected by the fund houses led by SBI Mutual Fund and UTI Mutual Funds through ... More

IPOS

Lokesh Machines files for IPO
LOKESH Machines Ltd has filed draft red herring prospectus with Securities and Exchange Board of India for its forthcoming IPO of 30 lakh equity shares of Rs 10 each for cash at a premium to fund its expansion cum upgradation plans. The price ... More

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