ICICI Bank Up Sensex Up

Amrutanjan says to consider share buyback on oct 11

bse metal index down 1.2 pct as hindustan zinc, tata steel, sterlite industries shed 1.1-3.5 pct
bse SENSEX extends rise to 3 pct on day, had been down 3.5 pct
bse SENSEX provisionally closes up 261 points at 12856; stages smart recovery from an intra-day low of 12153
bse SENSEX trading firm, up 276 points at 12872 with 19 of 30 index components in green

General insurance co expects overseas business to contibute 50 pct of rev by 2015 - cmd
General insurance co has no plans to sell stake in housing fin unit - cmd
General insurance co to enter brazil market in oct - cmd

ICICI bank top SENSEX gainer, up over 9 pct; surge in banking, capital goods & realty stocks help SENSEX recover
INDIA april-sept prov. corporate tax receipts up 34.5 pct yr/yr at 975 billion rupees - source
INDIA april-sept prov. direct tax receipts up 29.3 pct yr/yr at 1.5 trillion rupees - fin min source
INDIA april-sept prov. income tax receipts up 22.7 pct yr/yr at 460 billion rupees- fin min source
INDIA's april-august fiscal deficit 87.7 pct of full-year target - govt
INDIA's april-august fiscal deficit at 1.17 trillion rupees - govt

Markets rally as real estate stocks surge; major player unitech up over 7 pct
Mines secy - sees avg export price of iron ore at $70-80 per tonne vs $130 year ago
Mines secy says 2008/09 iron ore exports seen at 70-80 mln tonnes vs 104 mln t year ago
Mines secy says favours abolishing iron ore export tax

NSEI block deal: divi's laboratories 50084 shares at 1335.95 inr
NSEI block deal: ICICI bank 100789 shares at 540.00 inr
NSEI block deal: ICICI bank 104691 shares at 550.00 inr
NSEI block deal: itc 458281 shares at 187.00 inr

Realty index gains 5 pct; anant raj industries, ansal properties up around 10 pct
Sail says signs mou with larsen & toubro for power plants

SENSEX extends gains to 361 points at 12957, trading at day's high
SENSEX heavyweight ICICI bank extends gains to over 11 pct on day; stock trading at 548 rupees per share
SENSEX provsionally falls 11.7 pct in sept, down 4.5 pct in qtr
SENSEX up 245 points at 12841 with 19 of 30 index components in green
SENSEX up nearly 400 points led by gains in ICICI, hdfc and reliance industries

Top pvt lender ICICI bank gains 9.5 pct; stock trading at 540 rupees per share; top SENSEX gainer

BSE SENSEX extends losses to 5 pct on day

Adani enterprises in jv with chemoil to supply marine fuel mundra port
Areva hopes to sign a contract for two epr reactors to india soon - spokeswoman
Banking index slips nearly 6 pct; shares of top private bank icici down over 12 pct

BSE block deal: advanta india 99940 shares at 660.00 inr
BSE SENSEXE extends losses to 5 pct on day
BSE SENSEXE provisionally closes down 472 points at 12629 after hitting a 52-wk low of 12402
BSE small-cap index down over 5 pct; mid-cap index slips 4.12 pct

DLF, Jaiprakash Associates, ICICI Bank top SENSEXE losers, down 9.3-13 pct
icici bank top SENSEXE loser, down over 13 pct; BSE consumer durables, banking and it indices end day with major losses
ICICI Bank, Jaiprakash Associates top SENSEXE losers, down over 10 pct
India extends validity of sept free-sale sugar upto oct 15 - govt statement


NSEI block deal: anant raj industries 500000 shares at 100.40 inr
NSEI block deal: bharat petroleum corporation 151647 shares at 330.55 inr
NSEI block deal: bharat petroleum corporation 200166 shares at 333.10 inr
NSEI block deal: icici bank 275747 shares at 499.95 inr
NSEI block deal: larsen & toubro 25036 shares at 2375.50 inr
NSEI block deal: reliance industries 40966 shares at 1953.80 inr
NSEI block deal: reliance industries 43338 shares at 1925.00 inr
NSEI block deal: reliance industries 50165 shares at 1910.15 inr

Realty Index down nearly 11 pct; hdil top loser, down over 15 pct
Realty Index down over 7 pct; banking and consumer durables index slip over 5 pct

Rupee falls past 47.04 per dollar to weakest since june 2003
Rupee falls to 47 per dollar for first time since july 2006

SENSEXE down 482 points at 12619 as realty, banking stocks continue to trade weak
SENSEXE down nearly 600 points at 12511 as global financial scenario continues to be worriesome
SENSEXE down over 550 points led by losses in icici bank, reliance industries and infosys
SENSEXE down over 600 points at 12498; nifty down 167 points at 3817

shipping corp in talks with local, intl firms for shipbuilding jv - chairman
shipping corp plans to set up container freight stations by end fy09 - chairman

state-run banks seen selling dollars at 47.10 rupees - dealers

Lehman Ambani Gold Google Merrill Lynch

Lehman Brothers | Merrill Lynch | AIG | Reliance | Company | Nokia N96 | Sudoku | Steel | India US Nuclear Deal | Ratan Tata | Singur | RBI | ICICI | 6th Pay Commission | B-School | Mukesh Ambani | Google Phone | Apple iPhone | Ranbaxy | Sensex | Tax calculator | Anil Ambani | Infosys | Bollywood | oil prices | inflation | Personal Finance | Gold

Tata Motors Rights Issue Under Trouble

50-share nse index trading below the 4000 mark, down 2.91 pct at 3991 points
50-share nsei trading at 4000 points, index touches new day's low
Analysts concerned that turbulent markets may hit tata motors' fund raising plans, rights issue scheduled to open on monday
Banking index down nearly 3 pct; analysts say "worst is clearly not over for financial mkts"

BPL says board okays issuing 2.43 mln shares to deutsche bank, also okays qip issue
BSE 500 index down more than 2 pct as gloom spreads to broader market; aban offshore down more than 6 pct, 3i infotech slips 4 pct
BSE auto index down more than 2 pct; tata motors slips 3.11 pct
BSE banking index down 3.9 pct; top lenders sbi and icici down 3.5 and 4.95 pct respectively
BSE block deal: hero honda motors 70601 shares at 845.75 inr
BSE FMCG index gives up most of day's gains, index just 0.25 pct up
BSE it index down 1.4 pct as mkt frets over lower biz from u.s. firms, which form bulk for the revenue for indian tech firms
BSE mid-cap index slips more than 2 pct; aptech, sterlite tech and akruti city slide 12-15 pct
BSE realty index takes a tumble; down 5.4 pct as ansals, dlf, unitech slip 3-6 pct
BSE small-cap index down nearly 2 pct; golden tobacco, hercules hoists, gokul refoils slip 7-8 pct

DSP ml to utvI: difficult to see bottom in this market, expects volatility to continue
FMCG stocks see buying interest as investors shift to safer sectors; hindustan unilever up 1.38 pct, dabur gains 2.24 pct
Globe capital's k.k. mittal - "till the time financial sector stabilises, equities mkts will not see any sign of stability"
Index heavyweight reliance industries trading 2.14 pct down at 1981 rupees per share
Investors worry realty projects will be affected as banks come under pressure
Metal index slips 3.3 pct; ispat, hindalco, gujrat nre down 3-8 pct

RANBAXY labs top SENSEX loser, shares at 52-week low, trading down 8.51 pct at 271 rupees per share
RANBAXY, icici, hindalco, bhel top SENSEX losers; mkt trading nearly 2 pct down

SENSEX at day's low of 13182; trading down more than 360 points
SENSEX extends fall to 3 pct on day, index down more than 400 points as financial and tech stocks take a tumble on u.s. meltdown woes
SENSEX has lost 6.8 pct for the week as indian shares tailed global mkts down on u.s. financial woes
SENSEX provisionally ends down 3.6 pct losing 485 points as 27 of 30 index components end in negative territory
SENSEX slides 5 minutes from markets close, down more than 480 points as realty, banking and power stocks come under pressure
SENSEX slips more than 300 points on day as market enters last hour of trade for the week

Tata motors shares fall 3.71 pct ahead of its $892 mln rights issue; stock was down 5 pct
Titan ind says in deal with united technologies corp's unit to make precision components

mphasis, wipro, moser-baer down

BSE block deal: financial technologies (india) 103773 shares at 1327.00 inr
BSE block deal: hero honda motors 63967 shares at 861.50 inr
BSE block deal: jsw steel 391165 shares at 577.00 inr
BSE it index sheds 1.54 pct; aptech, mphasis, wipro, moser-baer down more than 4 pct
BSE power index sheds 1.5 pct; suzlon energy down 5.43 pct, siemens slips 4.42 pct
BSE power index sheds 1.55 pct, realty index slips 1.5 pct, it index down 1.37 pct
BSE sensex provisionally closes down 1.1 pct ahead of weekly inflation data

Crude oil output at 672,900 bpd in august, down 1 pct yr/yr - govt
Info edge to invest 200 mln rupees for 49 pct stake in etechacs mktg

Man industries says buys land in us to set up 300,000 mt pipe mill
Man industries sees 20 bln rupees revenue in fy09 vs 15 bln in fy08 - official
Man industries sees u.s. pipe mill contributing 3 bln rupees revenue in fy10 - official

Markets continue to trade weak; sensex, nifty down around 1 pct

NSEI block deal: dr reddy laboratories 100002 shares at 514.50 inr
NSEI block deal: hindustan unilever 205203 shares at 250.00 inr
NSEI block deal: reliance communication ventures 140844 shares at 365.00 inr
NSEI block deal: reliance communication ventures 147723 shares at 360.00 inr
NSEI block deal: reliance industries 38488 shares at 2020.00 inr
NSEI block deal: reliance industries 38833 shares at 2029.80 inr
NSEI block deal: welspun gujarat 486733 shares at 255.10 inr

Ongc says eyes e&p opportunities in latin america, cis countries and africa
Power index sheds nearly 2 pct; suzlon energy down 7.06 pct at 182 rupees per share, top index loser
Ranbaxy, wipro, hindalco, tcs lead losers as 26 of 30 index components end day in red
Refiners processed 3.172 mln bpd of crude oil in august, up 2.5 pct yr/yr - govt
sensex down 130 points at 13561; BSE realty, it, power indices down more than 1.5 pct

TTK prestige promoters to acquire outstanding shares through reverse book-building - official
TTK prestige shareholders approve delisting shares from BSE, nse - official

Vishal info says board to consider raising funds overseas for acquisition
Wipro, ranbaxy labs lead losers as 26 of 30 sensex components trade in red

P-note holders are relocating their shares

The bulk-deal counter on stock exchanges has been witnessing a frenzy of activity over the past couple of weeks as foreign institutional investors (FIIs) shuffle their assets in the wake of the global turmoil.

A few FIIs are altogether exiting their positions in India while many others — not registered in India — are changing their asset managers, fearing solvency issues.


BSE SENSEX gains 1 pct up more than 140 points on day; oil & gas, bank and metals shares lead gainers
BSE SENSEX provisionally ends up 1.2 pct, 24 of 30 index components gain; metals index up 2.34 pct
BSE block deal: axis bank 300295 shares at 692.50 inr
BSE block deal: beml 75000 shares at 710.00 inr
BSE block deal: cummins india 387277 shares at 302.10 inr
BSE block deal: hindustan unilever 427000 shares at 249.00 inr
BSE block deal: hindustan zinc 246924 shares at 493.50 inr
BSE block deal: united phosphorus 600101 shares at 318.00 inr
BSE block deal: usher agro 982389 shares at 120.00 inr
BSE it index sheds 2.19 pct; satyam computers, wipro down 4-5 pct
BSE it index sheds nearly 3 pct; wipro top index loser, down 5.8 pct
BSE metal index gains 1.86 pct, oil & gas index up 1.13 pct, capital goods index gains 1.08 pct

Banking index gains 1.24 pct; hdfc bank top index gainer, up 3.6 pct
IT bellwether infosys technologies sheds 2.5 pct; stock trading at 1504 rupees per share
Jet airways ceo says expects to break even in fy10

NSEI block deal: acc 100070 shares at 629.00 inr
NSEI block deal: axis bank 700536 shares at 692.50 inr
NSEI block deal: gail (india) 171641 shares at 410.00 inr
NSEI block deal: gail (india) 300000 shares at 410.00 inr
NSEI block deal: hdfc bank 234593 shares at 1280.00 inr
NSEI block deal: housing development finance corp 146649 shares at 2181.10 inr
NSEI block deal: infosys technologies 50000 shares at 1507.00 inr
NSEI block deal: united phosphorus 400015 shares at 318.05 inr

RBI says non-bank finance cos must submit such returns each quarter
RBI says seeks data from non-bank finance cos with asset size of 500 mln-1 bln rupees
RBI seen selling dollars at 46.10 rupees - dealers

S&P bulletin: etisalat ratings unaffected by new india venture
SENSEX scales back morning gains of more than 200 points, trading just 23 points up
jet airways ceo says no plans to merge jet lite with jet airways
nifty provisionally ends up 0.83 pct

Mahindra and Mahindra FIPB British Aerospace Systems

Mahindra & Mahindra (M&M) has approached the Foreign Investment Promotion Board, or FIPB, to clear a joint venture with British Aerospace Systems
20% only permitted in defence sector. 49% on a case to case basis. Mahindra and Mahindra want to manufacture anti-landmine vehicle. Auto giants are trying to cash-in on the defence space.

Etisalat buys 45% stake of Swan Telecom for $900 million

BSE SENSEX down 364 points at 13630; nifty trading at 4144, down 1.8 pct
BSE SENSEX provisionally closes down 3.1 pct, 28 of 30 index components lose; it index slips 5 pct
BSE SENSEX sheds 315 points at 13676; realty index slips nearly 3.5 pct, it index down 3.6 pct
BSE block deal: arshiya international 895561 shares at 155.00 inr
BSE block deal: educomp solutions 20035 shares at 3539.00 inr
BSE it index slips 3 pct; wipro, satyam, niit down 4-5 pct

DLF, ranbaxy labs, wipro, tcs top SENSEX losers

Emirates telecom says agrees to acquire stake in swan telecom
Emirates telecom says agrees to buy about 45% stake in swan telecom for up to $900 mln
Emirates telecom says deal implies valuation of $2 bln for all of swan

Ganesh housing says board to consider share buyback on oct 1
India public sector bank workers to strike for two days from wednesday after talks fail - union
Infosys technologies slips nearly 6 pct; stock trading at 1535 rupees per share
Markets continue to trade weak; realty index sheds 4.23 pct, bankex down 2.4 pct, metals index down 1.8 pct
NSEI block deal: asea brown boveri 74271 shares at 834.00 inr
Realty major DLF down over 6 pct; unitech slips 3.58 pct

SENSEX continues to trade weak, down 344 points at 13644
SENSEX down 2.67 pct at 13620; 28 of 30 index components trade in red
SENSEX down 339 points trading at 13655; trading at day's low
SENSEX down 400 points; power, it and realty stocks trade deep in red
SENSEX down 406 points at 13591; moser-baer, wipro, satyam computers, tcs down 5-7 pct as it index suffers big losses
SENSEX down over 300 points at 13690; trading at day's low
SENSEX extends fall to 3 pct on day
SENSEX sheds 260 points; BSE mid-cap and small-cap indices down nearly 1.5 pct
SENSEX slips 250 points at 13744; ranbaxy labs down nearly 10 pct, top SENSEX loser
SENSEX slips 3.1 pct at 13556; BSE banking, it, realty indices down over 4 pct
SENSEX slips 430 points on day; BSE it, realty indices down 4-5 pct

Shares in ranbaxy drops 10 pct, trading at 310 rupees per share; top SENSEX looser
Stocks in ranbaxy slips nearly 12 pct, top SENSEX loser

Swan telecom md says indian shareholders still have controlling stake after etisalat deal

Solar Outage BSE-NSE from September 24, 2008

Dear All,

This mail is to update you on the changes in market timings for NSE and BSE from
September 24, 2008 to October 08, 2008 (both days inclusive), due to the SUN OUTAGE also called Solar Outage. Check wikipedia to know more about Solar Outage.

The new market timings will be as follows-

NSE/BSE MARKET TIMINGS during SUN OUTAGE

MARKET OPENS AT 09:55 AM
MARKET WILL REMAIN CLOSED FROM 11:25 AM to 12:10 PM
MARKET RE-OPENS AT 12:10 PM
MARKET CLOSES AT 4.15 PM
POST CLOSING SESSION FOR NSE04:35 PM to 04:45 PM

POST CLOSING SESSION FOR BSE 04:25 PM to 04:45 PM


Please note that the auto square off timing will be 3.45 PM

News is Lehman Brothers bankrupt

Lehman Brothers had 25,935 employees as of the end of August, down from 28,783 at the end of August 2007. Lehman's fall from grace was brutally fast. Until June, it had never even reported a quarterly loss as a public company.


Crude oil slips 3 pct to hold below key $100 a barrel milestone

Educomp has bid for up to 9,000 govt schools to provide computer-aided education - md

Fitch believes lehman brothers inc will continue to operate for some time, eventual default remains "a real possibility"
Fitch downgrades lehman brothers holdings inc. to 'd' on bankruptcy filing
Fitch say ratings on lehman's subsidiaries may be cut, says will likely be downgraded as more information becomes available
Fitch say ratings on lehn 600 points down as gloom spreads to stock markets across the globe

LME spokesman says declares lehman brothers a defaulter under lme rules

Moody's cuts lehman to "junk," may cut its long-term ratings further

NSEI block deal: asian paints 50000 shares at 1205.00 inr
NSEI block deal: gujarat gas company 300004 shares at 260.00 inr
NSEI block deal: hindustan unilever 255001 shares at 238.00 inr
NSEI block deal: jain irrigation systems 225000 shares at 393.00 inr
NSEI block deal: puravankara projects 970996 shares at 170.00 inr

Oil slips further, trading at $96.62 per barrel, down 4.5 pct
PWC says joint lehman brothers international europe administrators have been appointed to wind down the business in as orderly a manner as possible
Realty, it and metal sectors worst hit as SENSEX closes down 3.7 pct

SENSEX provsionally closes down 517 points at 13483, recovers well from day's low of 13150
SENSEX recovers from day's lows, trading at 13415 after hitting an intra-day low of 13150
SENSEX recovers marginally from the day's lows, trading at 13422, down 4.13 pct
SENSEX, nifty continue to trade weak, down around 4.5 pct; reliance infrastructure top SENSEX loser

SMC says south africa's sanlam investments to invest $50 mln in it
SMC says to form joint venture with sanlam for wealth, asset management

Sanlam investments says enters into joint venture with india securities broking house smc
Sanlam investments says will contribute $22.5 mln to venture

fin min official says not sure if h2 borrowing will exceed target
Tera software says consortium in pact with himachal pradesh govt for service centres

NTT Docomo plus TTML 100 billion yen deal

april-july infrastructure sector output up 3.7 pct yr/yr - govt
atul auto gains 15.37 pct though overall auto index is trading down 0.17 pct
bank of baroda gains 5.44 pct though overall banking index is trading down 0.48 pct

BSE block deal: aban offshore 37656 shares at 2375.00 inr
BSE block deal: eih 703655 shares at 158.00 inr
BSE block deal: hindustan petroleum corp 345100 shares at 242.00 inr
BSE block deal: jain irrigation systems 349982 shares at 427.00 inr

BSE sensex down over 150 points on day; metals index worst hit, slips more than 4 pct
BSE sensex provisionally closes down 1.6 pct, 26 of 30 index components lose; metals index slips 5.54 pct

Era infra says jv gets order worth 1.3 bln rupees for constrd it was in talks to buy a stake in tata teleservices

Fitch: policy of shifting burden of today's oil subsidy to future generation should not continue unabated
Fitch: subsidy policy becoming unsustainable with higher global oil prices and rising india demand

Japan's NTT docomo may invest more than 100 bln yen in india's tata teleservices - company sources


July infrastructure sector output up 4.3 pct yr/yr - govt

Larsen & toubro says gets $160 mln order

MAITHAN alloys up 1.6 pct after board approves investing 2.75 billion rupees to set up a ferro alloys plant in andhra pradesh.

NSEI block deal: apar industries 362859 shares at 164.50 inr
NSEI block deal: corporation bank 300914 shares at 283.00 inr
NSEI block deal: eih 750840 shares at 157.50 inr
NSEI block deal: hero honda motors 106981 shares at 838.00 inr
NSEI block deal: jain irrigation systems 342933 shares at 427.00 inr

Religare enterprises says unit gets licence to operate in qatar
Shares in era infrastructure up 1 pct after the firm said it won an order worth 1.3 billion rupees

Sterlite industries, tata steel lead losers as 14 of 30 sensex components trade in red
Sterlite slides more than 10 pct on day, drags BSE metal index down nearly 4 pct
Tata teleservices (maharashtra) up 2 pct after ntt docomo said it was in talks to buy a stake in tata teleservices


===

Anil Agarwal led Vedanta Resources had, yesterday, announced a reorganisation plan, under which Sterlite Industries will demerge its aluminium and energy businesses to Madras Aluminium Company Ltd (to be rechristened as Sterlite Aluminium).

While, Vedanta would transfer its 79.4 per cent stake in Konkola Copper Mines to Sterlite Industries. Sterlite Industries shares fell sharply by Rs 49.65, or 8.62 per cent at Rs 526.05 after dipping to Rs 525 on the Bombay Stock Exchange.

=====

5 pct point increase in iron ore export tax

Australia a good place to look for buys, not optimistic about acquisitions in japan - satyam exec

BSE block deal: jain irrigation systems 223413 shares at 422.00 inr
BSE block deal: jain irrigation systems 350000 shares at 425.00 inr
BSE block deal: thermax 254900 shares at 485.00 inr
BSE block deal: united breweries 500000 shares at 170.00 inr
BSE metals down 1.12 pct; sterlite, gujrat nre coke shed 5-6 pct
BSE oil & gas index turns green; bharat petroleum, aban offshore, hindustan petroleum up 2 pct

IOC not to offer oct-lifting spot naphtha sale tender on expected high local demand - co source

RBI chief subbarao: will be monitoring situation closely and continuously, take action as appropriate
RBI chief: intent behind monetary tightening was to moderate demand
RBI chief: intent behind monetary tightening was to moderate demand
RBI gov: on inflation demand management has to be part of the solution
RBI governor subbarao: present inflation largely global phenomenon, driven by global commodity prices
RBI governor subbarao: present inflation largely global phenomenon, driven by global commodity prices
RBI governor: believe there is need for more coordination between monetary and fiscal pshould not surprise us
RBI governor: inflation currently short-term phenomenon, monetary policy has to deal with it
RBI governor: recent moderation in growth only cyclical, structural story still intact
RBI governor: some slowdown should not surprise us
RBI governor: will be mindful of implication of monetary stance on growth prospects
RBI's subbarao: at the moment our estimates of 2008/09 gdp growth is 8 pct

Shreyas shipping says sells vessel for $28.5 mln
Shreyas shipping up 8 pct, after it said it sold a vessel for $28.5 million.

Signed large outsourcing deal in australia in aug, won a bahrain bank order few days ago - satyam exec

Steel min says expects steel prices to moderate
Steel min says has proposed 5 pct point increase in iron ore export tax to finmin

Subbarao: for sustained growth, essential that inflation, inflation expectation be contained
Subbarao: for sustained growth, essential that inflation, inflation expectation be contained

Tech Mahindra extends gain to 3.35 pct on bagging $250 mln contract from north american telecom services firm
US crude oil falls $2 a barrel to $104.34, touches 5-month low

India got NSG Waiver 8th SEPTEMBER STOCK MARKET

How u all Relate NSG with Indian Equity ???? How will the stock markets perform on Monday?

Nuclear Suppliers Group
Forty-five nations lifted global ban on nuclear fuel trade with India
. The countries which are part of NSG Nuclear Suppliers Group are
NSG countries are: Argentina, Australia, Austria, Belarus, Belgium, Brazil, Britain, Bulgaria, Canada, China, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Japan, Kazakhstan, Latvia, Lithuania, Luxembourg, Malta, Netherlands, New Zealand, Norway, Poland, Portugal, Romania, Russia, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, Turkey, Ukraine and the United States.
A reuters news post quotes...
"The Congressional calendar is short. The main thing is that the international work is now done," Condoleezza Rice said. "I certainly hope we can get it through."

News articles
With NSG waiver, N-deal on course
Times of India
- Sep 06, 2008
The NSG's waiver also frees India to sign bilateral civil nuclear cooperation agreements with France and Russia, leading advocates of the nuclear deal, ...

India gets historic NSG waiver
Hindu, India
- Sep 06, 2008
The US was euphoric after the NSG decision with its acting Secretary of State for Arms Control John Rood saying the NSG waiver was a "landmark decision" and ...

NSG waiver India's doors to developed nations: Paswan
Economic Times, India
- Sep 06, 2008

Nuclear deal through with NSG waiver
Business Standard, India
- Sep 07, 2008
Although the ‘concessions’ made by the Indian side to secure the NSG waiver are yet to be made public, a cost benefit analysis suggests India is unlikely to ...

Blog posts
BREAKING - India gets NSG Waiver
After marathon NSG discussions that spilled over to wee hours today (September 6) in Vienna, diplomats of the 45-member nuclear cartel today approved clean and unconditional waiver for nuclear commerce, a decision that can take the ...read more

India gets NSG waiver
The Nuclear Suppliers Group (NSG) on Saturday granted India a crucial waiver that will enable it to carry out nuclear commerce, ending 34 years of isolation enforced in the wake of the 1974 Pokharan nuclear tests. ...

India gets NSG waiver - looking beyond the drama
It was high drama and almost the typical unnaturally concocted Hollywood thriller at the NSG meeting that finally saw through a waiver specific for India, mainly under possibly a lot of arm-twisting led by the USA and also perhaps a ...

How u all Relate NSG with Indian Equity ???? How will the stock markets perform on Monday?

Resurgere Mines & Minerals 100pct on debut

Resurgere Mines & Minerals spurts on debut September

Resurgere Mines & Minerals settled at Rs 524.35 on BSE, a 94.20% premium over initial public offer price of Rs 270. The counter clocked huge volumes of 3.31 crore shares on BSE.

Resurgere Mines & Minerals India debuted at Rs 272.05 on BSE, a marginal premium of 0.75% over its issue price of Rs 270. The stock hit a high and low of Rs 562.80 and Rs 272.05.

The current price of Rs 524.35 discounts its FY 2008 EPS of Rs 23.32, by a PE multiple of 22.48.

The company raised Rs 120 crore rupees through its 44.5 lakh share initial public offer (IPO) in a price band of Rs 263 and Rs 272 a share. The IPO was oversubscribed 1.16 times. The issue price was later fixed at Rs 270 per share. The issue opened for subscription on 11 August 2008 and closed on 13 August 2008.

Resurgere Mines & Minerals India is in the business of extraction, processing and sale of mineral products and exploration and development of mining assets. The product range includes various forms of iron ore such as Lump ore, Size ore, Calibrated Lump ore (CLO) and iron ore fines etc. and bauxite. The company sells all these products domestically except iron ore fines, which the company exports to China.

The company will utilise the proceeds of the initial pubilc offer for purchasing plant and machinery and purchase railway rakes to set up own logistics infrastructure facilities and funding working capital requirements.

The company reported 110.4% spurt in net profit to Rs 66.56 crore on 154.80% surge in net sales to Rs 418.57 crore in the year ended March 2008 over the year ended March 2007.

Tata Motors Second Rights Issue

30 SENSEX components gain; sbi, ICICI bank, ongc top index gainers
Banking index up 3 pct; kotak mahindra bank gains nearly 6 pct
Bosch says board okays buyback of shares

BSE block deal: maharashtra seamless 250000 shares at 292.00 inr
BSE SENSEX extends rise to 4 pct on day

GM exec says near term priority for india is to expand diesel line up

ICICI bank up nearly 7 pct, top SENSEX gainer
Jet airways, spicejet and deccan aviation up 6 - 9 pct on hopes that lower crude oil will ease prices of aviation turbine fuel, analysts said
Kotak mahindra bank gains nearly 11 pct, stock trading at 657 rupees per share

NSEI block deal: ambuja cements 500130 shares at 82.00 inr
NSEI block deal: ashok leyland 1203087 shares at 33.90 inr
NSEI block deal: hdfc bank 50347 shares at 1304.40 inr
NSEI block deal: itc 1000204 shares at 196.00 inr
NSEI block deal: maharashtra seamless 250000 shares at 292.00 inr

Oil prices fall below $110 for first time since mid-april, currently at $108.51 a barrel
RBI seen selling dollars around 44.47 per dollar - traders

SENSEX breaks 15000 levels, up 3.4 pct as oil and gas firms trade more than 3.3 pct up
SENSEX extends gains to 200 points on day, trading at 14700 as oil slips below $110
SENSEX extends gains to 400 points on day, trading at 14939
SENSEX provisionally closes up 552 points at 15051 as oil dips below $108
SENSEX surges 464 points as oil dips below $106 per barrel
SENSEX up 558 points at 15056 led by gains in ICICI bank, reliance industries and ongc
SENSEX up 600 points on day; realty, banking index up over 7 pct
SENSEX up 60nded june 3.05 bln rupees
SENSEX, nifty up over 1.5 pct, trading at day's high

Tata motors sets second rights issue at 1:6 at 305 rupees per "a" share to raise 19.6 bln rupees

Banking index up 3 pct Aviation up 9pct

Banking index up 3 pct; kotak mahindra bank gains nearly 6 pct
Bosch says board okays buyback of shares

Bse SENSEX extends rise to 4 pct on day
30 SENSEX components gain; sbi, icici bank, ongc top index gainers

Gm exec says near term priority for india is to expand diesel line up

Icici bank up nearly 7 pct, top SENSEX gainer
Jet airways, spicejet and deccan aviation up 6 - 9 pct on hopes that lower crude oil will ease prices of aviation turbine fuel, analysts said

Kotak mahindra bank gains nearly 11 pct, stock trading at 657 rupees per share

NSEI block deal: ambuja cements 500130 shares at 82.00 inr
NSEI block deal: ashok leyland 1203087 shares at 33.90 inr
NSEI block deal: hdfc bank 50347 shares at 1304.40 inr
NSEI block deal: itc 1000204 shares at 196.00 inr
NSEI block deal: maharashtra seamless 250000 shares at 292.00 inr

Oil prices fall below $110 for first time since mid-april, currently at $108.51 a barrel
Rbi seen selling dollars around 44.47 per dollar - traders

SENSEX breaks 15000 levels, up 3.4 pct as oil and gas firms trade more than 3.3 pct up
SENSEX extends gains to 200 points on day, trading at 14700 as oil slips below $110
SENSEX extends gains to 400 points on day, trading at 14939
SENSEX provisionally closes up 552 points at 15051 as oil dips below $108
SENSEX surges 464 points as oil dips below $106 per barrel
SENSEX up 558 points at 15056 led by gains in icici bank, reliance industries and ongc
SENSEX up 600 points on day; realty, ban bln rupees
SENSEX up 600 points on day; realty, banking index up over 7 pct
SENSEX, nifty up over 1.5 pct, trading at day's high

Tata motors sets second rights issue at 1:6 at 305 rupees per "a" share to raise 19.6 bln rupees

Rain Commodities Share Buyback ahead

BSE bank index down 1.23 pct; allahabad bank, icici, kotak mahindra shed 2-3.5 pct
BSE Block Deal: i n g vysya bank 300000 shares at 251.00 INR
BSE Block Deal: ing vysya bank 200000 shares at 251.00 INR
BSE Block Deal: nestle india 34000 shares at 1780.00 INR

Oil min says no move to cut petrol, diesel prices

RAM vilas paswan: considering increasing iron ore export tax
RAM vilas paswan: no question of rise in steel prices

Rain commodities says board oks share buyback
Sensex down more than 200 points on day; metal index worst hit, slips more than 1.5 pct
Rain commodities says buyback at maximum 307 rupees/share
Rain commodities says buyback at maximum 307 rupees/share
Rain commodities says to spend upto 260 mln rupees on buyback
Rain commodities says to spend upto 260 mln rupees on buyback

Sensex down more than 1.5 pct; bharat petroleum, indian oil shed over 2 pct
Sensex down more than 200 points on day as rate sentitive bank and realty stocks slip on interest rate hike fears
Sensex provisionally closes down 0.2 pct, 18 of 30 index components fall; banking index up 0.9 pct; metals, consumer durables index shed over 1 pct

Suzlon says agreement to conclude by december 15
Suzlon says to exercise option for early acquisition of martifer stake in repower

TTK prestige says to coaja sees industrial batteries sales at 7.5 bln rupees in fy09 - official
TTK prestige shares rise more than 6 pct on decision to consider de-listing

Amara raja sees industrial batteries sales at 10 bln rupees in fy10 - official
Amara raja sees industrial batteries sales at 7.5 bln rupees in fy09 - official

Bajaj auto aug vehicle sales 200,955 units
Bajaj auto says expects double digit growth in motorbikes in second half
Bajaj auto says to start production of new 125cc bike in sept

Gammon infrastructure up 4 pct on bagging the rights to build hydroelectric plant in himachal pradesh

NSEI Block Deal: icici bank 241115 shares at 667.20 INR
NSEI Block Deal: maruti udyog 100100 shares at 626.00 INR
NSEI Block Deal: united phosphorus 206461 shares at 340.00 INR
NSEI Block Deal: united phosphorus 206461 shares at 340.00 INR