Business Daily from THE HINDU group of publications
Friday, July 27, 2007
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Markets (July 26)
BSE Sensex15776.31 (+76.98)
S&P CNX Nifty4619.80 (+31.10)
US Dollar (Buy/Sell)40.35


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FINANCIAL SERVICES
Kotak Mahindra, KBC tie up
Kotak Mahindra Group and KBC Financial Services (KBC FP) have entered into a co-operation agreement to manage foreign currency convertible bonds (FCCBs) issuance for Indian corporates. Kotak Mahindra and KBC FP will assist Indian corporates to ... More

INVESTMENTS
Diversified equity funds broadbasing portfolios
Banks, HFCs account for critical share of the composition More

NEW FUND OFFER
Kotak AMC launches global fund
Kotak Mahindra Asset Management Company has launched Kotak Global Emerging Market Fund, a three-year close-ended equity scheme which will invest in emerging economies across the globe through investments in the T. Rowe Price Global Emerging ... More

STOCKS
Expansion plans drive up Bilpower
Promoters gradually raising their stakes More

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

STOCK MARKETS
Trading turnover tops Rs 1 lakh cr in bourses
Mumbai, July 26 The total turnover in the BSE cash market, NSE cash market and the derivative segment crossed Rs 1 lakh crore on Thursday amid a rising market. The combined turnover in the three markets stood at Rs 1,01,230.02 crore.The ... More

Land space talk pushes up HDIL
The recently listed stock of Housing Development and Infrastructure Ltd has made handsome gains on the bourses following market rumours that the company has bagged a substantial amount of FSI near the prime airport area in Mumbai city. ... More

IPOS
IVR Prime IPO subscribed 5.75 times
Mumbai, July 26 The initial public offering of IVR Prime Urban Developers Ltd was subscribed 5.75 times. Bids were received at lower end of the price band of Rs 510-600. A total of 8,13,89,080 bids were received against the issue size of ... More

KPR Mill IPO opens on Aug 2
Mumbai, July 26 The Coimbatore-based KPR Mill Ltd, a vertically integrated apparel company, announced its entry in to the capital markets by an initial public offering of 59,12,100 equity shares of face value Rs 10 each through a 100 per cent ... More

INVESTOR PROTECTION
Companies reinforce investor relations departments
If the latest collection of balance sheets is any indication, corporate India is increasingly paying attention to investor relations, courtesy IROs whose roles are being fine-tuned like never before. Companies are strengthening their investor ... More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
Now, banks come to your rescue

IOC, IBP retail merger nearing completion

‘IT returns will not be accepted at post offices’

Companies reinforce investor relations departments

Trading turnover tops Rs 1 lakh cr in bourses

Crude oil, natural gas output in June dips

CST collections rise 8.88%

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Looking back
Jul. 15-Jul. 21
Morgan Stanley verdict leaves ‘economic nexus’ open to interpretation

‘Financial super-markets, boutique investment outfits will survive’

Oracle may pick up 7% stake in Empower

‘Trading, IPO & MF transactions key businesses for stockbrokers’

Are markets ignoring the negatives?

Indian ADRs post mixed returns

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