Financial Daily from THE HINDU group of publications
Friday, January 06, 2006
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Financial Daily from THE HINDU group of publications Friday, January 06, 2006 |
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MARKETS FINANCIAL SERVICES IDBI Capital awaiting RBI nod for foray into commodities IDBI Capital is looking to diversify into commodities to stabilise its revenue streams and de-risk its portfolio of businesses. For its foray into commodities, the company is awaiting the Reserve Bank of India's nod. "We have already made an ... More NEW FUND OFFER 
Outlook for India remains positive: FidelityEquity-linked savings scheme launched GLOBAL fund house Fidelity is optimistic about the Indian equity markets, saying that its long-term outlook for India remains positive. "The Indian equity story certainly calls for attention on its own merits and does not, in my view, need a ... More STOCKS 
Market bullish on ConcorDESPITE the announcement of the policy to do away with Container Corporation of India's (Concor) monopoly in container traffic movement on the railway network, investors preferred to look the other way. The stock bucked the trend with market ... More
Tulip IT Services debut marred by trade error
Gujarat Apollo on road to steady growth TECHNICAL ANALYSIS Volatile movement THURSDAY'S market witnessed unbalanced movement but the sentiment reading of the tradable counters remains bullish. Bear control on Friday is likely to alter the outlook in their favour. On the contrary, the prevailing bullish sentiment is ... More STOCK MARKETS Andhra Bank gains ahead of public issue SHARES of Andhra Bank were among the major gainers on Thursday. The stock rose 8.55 per cent to Rs 103.45 on BSE with volume of 19.71 lakh shares and on NSE it moved up 8.38 per cent to Rs 103.95 with volume of 88.47 lakh shares. Dealers said ... More
Thirumalai Chemicals to benefit from rival's woes FOREIGN INSTITUTIONAL INVESTORS M&M Financial to sell shares to FII MAHINDRA & Mahindra Financial Services Ltd has informed the BSE that Copa Cabana, a foreign institutional investor, is picking up 31.57 lakh shares at a price of Rs 190 per share aggregating Rs 60 crore. Copa Cabana is a 100-per cent ... More COMMENTARY Cautious sentiment rules market THE markets appeared to have been on a correction mode on Thursday, following a spate of gains over the two previous trading sessions. Frontline and small-cap stocks were in for some minor correction, while the acceleration appeared to have ... More IPOS Global Trade Finance hopes to become a bank; IPO in the offing EXIM Bank of India-promoted Global Trade Finance Pvt Ltd (GTF) hopes to convert into a bank, but not in the near future. "That is our ultimate objective," Mr Arvind Sonmale, Managing Director and Chief Executive Officer, told Business Line ... More
Gitanjali Gems fixes IPO price band at Rs 210-250
Zenith to raise Rs 125 cr PUBLIC OFFER Andhra Bank public issue to open Jan 16 ANDHRA Bank will tap the capital market with a follow-on public issue of 8.5 crore equity shares of face value of Rs 10 each. Mr K. Ramakrishnan, Chairman and MD, Andhra Bank said the bank was raising capital to meet the Basell II norms as ... More Stock Quotes SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Focus Surging Sensex Dynamic Tirupur Trends in IT - 2005 FDI in retail sector Indian Aviation: Sky is the limit India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
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