MARKETS
FINANCIAL SERVICES
Kolkata investors warm up to on-line trading
Easy access to Internet is driving growth
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MUTUAL FUNDS
HSBC India: Driven by advancing equity market
HSBC's India Fund, which at $6 billion is arguably the largest of its kind, is growing exponentially, its growth being driven by the country's advancing equity market. The fund, which is significantly exposed to large-cap stocks, is being ...
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STOCKS
Finolex Ind: on accumulation mode
Accumulation is currently on in Finolex Industries' counter by some domestic and foreign institutional investors, according to market sources. Market talk suggests that trigger for the recent interest is manifold operational growth at ...
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TECHNICAL ANALYSIS
Sideways movement
Trading activity witnessed sideways movement on Thursday. However, the sentiment reading of the tradable counters remains bullish with some added strength. Bear move on Friday is likely to neutralise the sentiment reading. On the contrary, the ...
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FOREIGN INSTITUTIONAL INVESTORS
Vascon Engineers offloads 10 pc to FII
Credit Suisse takes 75 per cent stake in its downtown Pune project
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OVERSEAS INVESTMENTS
Mutual funds overseas limit raised to $3 b
Mutual funds can now invest overseas up to $3 billion from $2 billion with immediate effect. All other terms and conditions and operational guidelines as issued by the Securities and Exchange Board of India will remain unchanged, said a RBI ...
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REGULATORY BODIES & RULINGS
51 pc public holding norm set for stock exchanges
SEBI notifies demutualisation schemes, issues guidelines
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INTERVIEW
Thermax aims to hold margins around 15-16%
Mr Prakash Kulkarni, MD at Thermax, said that the company is increasing its total capex from Rs 120 crore to Rs 170 crore. He also sees H2FY07 margins at 15 per cent levels and aims to hold margins at this level. According to him, the company has ...
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COMMENTARY
Profit-booking takes upper hand
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VENTURE CAPITAL
S P Apparels close to clinching deal with New York Life fund
Company has embarked upon a major capacity expansion project.
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Citigroup Venture to buy stake in K.S. Oils
Citigroup Venture Capital International Growth Partnership Mauritius Ltd, an investment company, will acquire 32,91,656 equity shares of K.S. Oils Ltd at a price of Rs 180 per share for a total investment not exceeding Rs 59.24 crore. The ...
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