The Hindu Business Line : Saturday, June 17, 2006

PREFERENTIAL ALLOTMENTS
Apollo Hosp board gets nod to allot shares to promoters
The promoters of Apollo Hospitals Enterprise Ltd have secured a right to subscribe to 12.65 lakh equity shares of the company at a price of Rs 499.03 each. An extraordinary general meeting of the company on Monday armed the board of directors ... More

STOCKS
The fall after bull frenzy
Stocks of companies in automotive, footwear, textile and tyre sectors, after seeing some frenzied buying in the recent bull rally, have taken a big knock in the last couple of weeks. Most of these stocks have lost over 50 per cent from their ... More

BF Utilities: Bumpy road
The controversy relating to the Bangalore-Mysore Infrastructure Corridor Project seems to be reflecting on the stock prices of BF Utilities, a Kalyani Group company. The Pune-based company holds significant stake in Nandi Infrastructure Corridor ... More

Exide Ind plans 1:10 stock split
The board of directors of Exide Industries on Friday recommended splitting the equity shares of the company from the current face value of Rs 10 each to Re 1 per share. The recommendation is subject to approval of the ... More

TECHNICAL ANALYSIS
Bulls prevail
Bulls prevailed during Friday's trading activity. The sentiment reading of the tradable counters remains bullish. Bear domination on Monday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bullish ... More

STOCK MARKETS
Markets continue upward trend; Sensex gains 339
Key Indian indices continued their upward trend for the second consecutive day, taking a cue from firm Asian markets. Thursday's surge of 616 points continued to spill over on Friday, with the BSE Sensex gaining 3.5 per cent to end the day at ... More

Many MFs fail to deliver on volatility-adjusted returns
List of relative under-performers includes top names More

REGULATORY BODIES & RULINGS
IPO scam: SEBI lifts ban on Anagram
The capital market regulator SEBI on Friday lifted the ban imposed on Anagram Securities Ltd from dealing in the securities market. SEBI had banned Anagram and several other from dealing in securities market through its interim order on IPO ... More

COMMENTARY
Markets step into weekend in party mode
More

IPOS
PowerGrid looks at IPO to fund expansion
Plans to borrow Rs 2,500 cr for capex More

PEOPLE
Fidelity re-organises Indian Team
Fidelity International has announced a re-organisation of its India investment team, an official statement said. Mr Sandeep Kothari, who is currently a Portfolio Manager with Fidelity Hong Kong, is relocating to India to join the India ... More

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