Business Daily from THE HINDU group of publications
Thursday, July 19, 2007
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Markets (July 18)
BSE Sensex15301.17 (+11.35)
S&P CNX Nifty4499.55 (+2.80)
US Dollar (Buy/Sell)40.42 (+0.03)


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NEW FUND OFFER
Kotak Mutual launches realty fund
Mumbai, July 18 Kotak India Alternate Opportunities Fund, a fund that focuses on real estate and allied opportunities has raised a corpus of over Rs 1,600 crore for its second domestic realty fund. The fund will invest in diverse Indian real ... More

STOCKS
Sun Pharma’s de-merged arm gets listed at Rs 87.15 on BSE
The de-merged innovative research company Sun Pharma Advanced Research Company Ltd (Sparc) made its debut on the BSE and NSE on Wednesday, making it the first research company to get listed on an Indian stock exchange. The company listed at Rs ... More

Himatsingka up on takeover talk
More

DLF betting big on Q1 numbers
More

TECHNICAL ANALYSIS
Volatile movement
Wednesday’s trading activity witnessed volatile movement. The sentiment reading of the tradable counters changed to mildly bearish. Bull move on Thursday is likely to change the sentiment reading in their favour. On the contrary, the ... More

STOCK EXCHANGES
Financial Tech, Horizon among 7 eyeing DSE stake
EoIs for demutualisation made at enterprise value of Rs 400-500 cr More

STOCK MARKETS
Markets soar, but funds sit over piles of cash
Profit-bookings to meet redemption demands swell kitty More

FOREIGN INSTITUTIONAL INVESTORS
Sterilisation of another kind needed
More

ASSET MANAGEMENT COMPANIES
ICICI Pru CEO quits
Mumbai, July 18 The CEO and MD of ICICI Prudential AMC, Mr Pankaj Razdan and AMC’s non-executive and non whole-time Director, Mr Ajay Srinivasan, have resigned form the company. The board of the AMC has appointed its Chief Investment ... More

REGULATORY BODIES & RULINGS
IDR norms made more attractive
To enable foreign companies to mobilise funds from Indian capital market the Government has made the guidelines for Indian Depositary Receipts (IDRs) by such companies less stringent. IDRs are similar to ADRs and GDRs and are designed ... More






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Union Budget 2007-08

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