Financial Daily from THE HINDU group of publications
Wednesday, February 01, 2006
Markets (January 31)
BSE Sensex9919.89 (+70.86)
S&P CNX Nifty3001.10 (+26.60)
US Dollar (Buy/Sell)44.08/44.21


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MARKETS

MUTUAL FUNDS


MetLife cover for Deutsche Tax Saving Fund investors
IN what probably is the first tie-up of its kind between two foreign outfits in India, Deutsche MF and MetLife Insurance have joined hands to provide a life cover to those who invest in Deutsche Tax Saving Fund. The asset management company ... More

STOCKS


Fidelity International sells 0.37% stake in Satyam Computer
HYDERABAD: FIDELITY International has informed the Bombay Stock Exchange that FMR Corp, its direct and indirect subsidiaries, and Fidelity International Ltd have sold 11,96,821 shares aggregating 0.37 per cent of the total paid-up ... More

Arbitrator fixes Maha Scooters share price at Rs 151.63
THE sole arbitrator, appointed by the two joint venture partners of Maharashtra Scooters Ltd (MSL), today officially announced the price recommendation for a share of MSL at Rs 151.63. The board of Western Maharashtra Development Corporation ... More

TECHNICAL ANALYSIS


Bull domination
The sentiment reading of the tradable counters remains bullish. Bear move on Wednesday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bullish sentiment is likely to be further ... More

STOCK MARKETS


Stake sale talk
THE market buzz about LKP Merchant Finance is that a Singapore broking firm is seeking to take a stake in the company. Grapevine also has it that the company's wholly owned foreign exchange dealing subsidiary may also witness outside investments. ... More

REGULATORY BODIES & RULINGS


Govt, SEBI closely watching capital market: Chidambaram
THE Finance Minister, Mr P. Chidambaram, has said that the Government and the Securities and Exchange Board of India (SEBI) were keeping a close watch on the capital market even as the stock market indices have been on a relentless rise with the ... More

IPOS


Deccan Aviation to float IPO to pay off debts
DECCAN Aviation has said it is floating an IPO to pay off its debts, set up a hangar and infrastructure in various airports, which will cost the company around Rs 300 crore. In its draft red herring prospectus, the company said it had incurred ... More

Sakuma Exports to tap capital market on Feb 8 with IPO
SAKUMA Exports Ltd (SEL) is entering the capital market on February 8 with an initial public offering of 66,66,667 equity shares of Rs 10 each for cash at a price of Rs 50 each amounting to Rs 33.33 crore and 10 lakh cumulative redeemable ... More


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Top Stories
NMDC divestment: Govt seeks EoI from merchant, investment bankers


IndianOil shows interest in Niko's oil, gas assets

Strategic investment gathers steam

Deccan Aviation to float IPO to pay off debts

MetLife cover for Deutsche Tax Saving Fund investors

Tariff values cut for vegetable oils

McDowell net up 106 pc

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
More

In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Jan. 22-Jan. 28
SEBI directive to merchant bankers on refund of IPO money

Bloating AUMs & funds dilemma

Pvt equity, venture capital cos raise $950 m via IPOs: Study

Pref. shares may change banking landscape

India Infoline plans foray into investment banking


Lufthansa

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