Government of India announce the sale of three dated securities for ` 11,000 crore on January 7, 2011
KRChoksey is bullish on Union Bank of India and has recommended buy rating on the stock with a target of Rs 391 in its January 3, 2011 research report.
Further to RBI Press Release dated December 16, 2010, wherein it was stated that the Reserve Bank of India would conduct OMO purchase auctions of Rs 12,000 crore every week for four weeks starting with the week ending December 24, 2010
The verdict is clear. Technology and IT sector continue to be an all time favourite of venture capital firms, if the list of top VC investments in 2010 is a pointer.
After an extremely difficult 2009 where LPs tightened their purse strings following the global equity markets crash, fund raising climate improved significantly in 2010. Read on to know more about the fund-raising trail, as per data sourced from VCCedge.
Second Liquidity Adjustment Facility : Auction Results
IIFL has come out with a report on Auto sector for December, 2010 in its research report.
2010 will perhaps be defined as a record year in people trends in the Indian venture capital and private equity universe. The most dominant trend in 2010 was star private equity professionals quitting their jobs to go solo by setting up their own independent investment management outfits.
Garware Offshore Services at its Meeting held on January 03, 2011 has declared 2nd interim dividend at 7% i.e Re 0.70 per share of Rs 10 each.
One of India's leading print media businesses Lokmat Media has proposed to tap the capital market for funding its expansion plan. It has filed draft red herring prospectus (DRHP) with the SEBI for public issue of 13,829,064 equity shares.
HTC To Enter The Tablet Market With Scribe
Kiri Dyes and Chemicals was up 0.36% or Rs 1.80 to close at Rs 501.05. It touched an intraday high of Rs 507 and an intraday low of Rs 492. The stock has gained 49.41% in 15 days.
Just like Tendulkar having a lean patch doesn’t make him a lesser batsman, don’t get swayed by a three or six month performance number of funds.
Buy Tata Motors on 5% dip, says Vaishali Jajoo of Angel Broking.
So Why are Indian Corporates Selling Out?
Equity benchmarks began the year 2011 on a positive note on Monday following strong global cues and continued the uptrend for fourth consecutive session.
Enter Bajaj Auto at lower levels, says Vaishali Jajoo of Angel Broking.
The board of software services firm Patni Computer Services was planning to meet, a source said, where it is expected to evaluate a deal to sell a majority stake to a consortium of iGate and Apax Partners in a deal worth more than $900 million.
Amtek Auto has acquired 10% equity share capital of Garima Buildprop (Promoter of OCL Iron & Steel).
Bajaj Auto was the top loser on the Sensex. It touched an intraday high of Rs 1,564.95 and an intraday low of Rs 1,473.10. At 15:03 hrs the share was quoting at Rs 1,474.00, down Rs 67.50, or 4.38%.
Reliance Capital, the financial arm of Reliance Anil Dhirubhai Ambani Group, has acquired 26% stake in Indian Commodity Exchange Limited (ICEX) from Indiabulls Financial Services Limited through its subsidiary Reliance Exchangenext Limited (R Next) for an undisclosed amount to become the anchor investor of the exchange.
ACC has target of Rs 1150, says Daryl Guppy, Founder & Director of Guppytraders.com.
Tata Motors today announced open sales of the Tata Nano in all the remaining states of India. Customers across the country, who are desirous of driving home a Tata Nano but had not booked the car during 2009, will now be able to purchase a Tata Nano from the company’s 874 sales outlets in India.
At 14:34 hours IST - the benchmark Sensex was trying to hold 100 points gains on the back of consistent buying in metal, financial, realty, Anil Dhirubhai Ambani Group (ADAG), capital goods, healthcare and auto companies' shares.
Larsen and Toubro (L&T) touched an intraday high of Rs 1,997 and an intraday low of Rs 1,970.85. At 14:33 hrs the share was quoting at Rs 1,987.95, up Rs 8.90, or 0.45%. The company has bagged Rs 1103 crore orders in railway sector.