Business Daily from THE HINDU group of publications
Wednesday, September 03, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Wednesday, September 03, 2008 ePaper | Mobile/PDA Version | Audio |
|
|
|
|
|
RECOMMENDATION: Srei Infra Finance (Rs 109.1): Buy Short-term traders as well as investors with a medium-term perspective can consider buying Srei Infrastructure Finance at current levels. Despite the harrowing decline from the January peak at Rs 292, the long-term view for the stock stays ... DERIVATIVES MARKETS: Exchange traded interest rate futures likely by Dec New Delhi, Sept. 2 Exchange-traded interest rate futures (ETIRF) will be a reality in the Indian market by December 2008 or latest by January next year, a top SEBI official said here today. ... INVESTMENTS: Households shift more money into shares, MFs Investments into small savings, provident funds come down. Chennai, Sept. 2 You and I have preferred to put more of our money in shares, mutual funds, insurance policies and bank deposits as compared to what we did four years ago. ... IPOS: UCO Bank to tap capital market in Dec quarter Capital rejig plan awaits Cabinet nod. New Delhi, Sept. 2 UCO Bank, a public sector bank, is looking to tap the capital market with follow-on public offering (FPO) during the December quarter this year, its Chairman and Managing Director, Mr ... STOCK MARKETS: Ranbaxy shares plunge 10% intra-day Daiichi Sankyo’s open offer ends on September 4. Mumbai, Sept. 2 Ranbaxy shares plunged 10 per cent on Tuesday after it witnessed huge amounts of selling as last minute traders were unable to surrender their shares before the close of ... IPOS: SEBI to launch new IPO refund process on Sept 8 Five banks to take part in the pilot project. Kolkata, Sept. 2 SEBI would launch the new IPO payment and refund process — Applications Supported by Blocked Amount (ASBA) — with 20 Micron public issue on September 8 on a pilot ... MUTUAL FUNDS: Mutual funds asset base rises by 2.77% in August HDFC AMC replaces ICICI Pru as No 2; Reliance maintains lead. Mumbai, Sept. 2 After two months of declining assets under management, mutual funds reported a 2.77 per cent increase in assets under management during August. ... FOREIGN INSTITUTIONAL INVESTORS: FIIs reduce holding in Unitech, Parsvnath Developers Overseas investors hike stake in DLF. New Delhi, Sept. 2 Foreign institutional investors (FIIs) have reduced their holding in real estate companies Unitech and Parsvnath Developers by over two percentage points and by 0.8 percentage point ... MUTUAL FUNDS: Auto, pharma, bank funds outperform market Principal Large Cap tops diversified equity schemes. Mumbai, Sept. 2 The auto, banking and pharma sector schemes have outperformed the market for the month of ... FINANCIAL SERVICES: Sub-broker fined Rs 6 lakh for rigging For manipulating SOFTBPO scrip. Mumbai, Sept. 2 Capital market regulator Securities Exchange Board of India has imposed a fine of Rs 6 lakh on the proprietor of S K Enterprise, Mr Joban M. Shah, for manipulating the stock of SOFTBPO Global ... DERIVATIVES MARKETS: Nifty call options attract attention Most stock futures add open positions. Market witnessed strong rally amidst improved trading volumes. The NSE F&O segment saw a turnover of 58,889.38 crore in the F&O segment on the NSE against Monday’s volume of Rs 37,943 crore. ... STOCKS: Realisation to improve for IT companies Re depreciation to help in dollar-denominated revenues. The depreciation of the rupee to Rs 44.5 levels, by 13.2 per cent since January this year, against the dollar might improve realisations for Indian IT companies. ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
|
The Hindu Group:
Home | About Us | Copyright | Archives | Contacts | Subscription
Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line |
RSS Feeds