The Hindu Business Line : Friday, March 31, 2006

Sterlite Optical share allotment
Sterlite Optical Technologies Ltd has informed the Bombay Stock exchange that the committee of directors constituted for preferential allotment, at its meeting held on March 29, has allotted equity shares and warrants to Twinstar ... More

Zee announces share swap ratio
Zee Telefilms Ltd (ZTL) announced that Zee News Ltd would allot 137 shares for every 100 held in ZTL. The company had announced a restructuring plan on Wednesday, wherein four listed entities would be created. Apart from ZTL, Zee News, Wire ... More

ICICI Bank sells 8.4% in Mysore Cement
ICICI Bank on Thursday sold 73.93 lakh shares (about 8.4 per cent stake) of Mysore Cement at Rs 48.09. While SBI Mutual Fund bought 37 lakh shares, another fund house - Templeton, bought 21 lakh shares, according to information filed with ... More

Kovai Medical up on value picking
Kovai Medical Center on Thursday moved up with vigour (up 13 per cent at Rs 57.35). According to market sources, some players have turned their attention to the 600-bed hospital (operating in the southern region) for its relatively cheap ... More

Goodyear turns active on cheap tag
Dalal Street market makers seemed to have finally discovered Goodyear India, a 74-per cent US MNC-owned tyre stock, which had not really moved on the bourses. On Thursday, it ran up over 7 per cent to close at Rs 73.60. The stock, in the last one ... More

TECHNICAL ANALYSIS

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

STOCK EXCHANGES

Federal Bank completes listing on LSE
With GRD issue, net worth exceeds Rs 1,200 cr More

DERIVATIVES MARKETS

Conduct code for banks selling OTC derivatives
FIMMDA says standardisation needed, circulates draft norms More

FOREIGN INSTITUTIONAL INVESTORS

Warburg picks 7% in Dainik Bhaskar
Global private equity fund Warburg Pincus is believed to have picked up seven per cent stake in Hindi newspaper Dainik Bhaskar for a consideration of Rs 150 crore. The Bhaskar Group and Warburg Pincus have reached an ... More

REGULATORY BODIES & RULINGS

Infosys joins SEC's pilot project
Programme is to improve financial reporting process More

COMMENTARY

Sensex crosses 11,300-mark
More

IPOS

Kamdhenu Ispat to set up 5 stockyards
The Delhi-based construction steel manufacturer Kamdhenu Ispat Ltd, which is hitting the market on Monday with its maiden issue of 1.28 lakh equity shares, would be utilising the proceeds to set up stockyards across the country. "The company ... More

IPO issuers can have liability cover
MARKET BOOM BONANZA More