ATF prices hiked again, up 40% in last 4 months

• Author: Lalitha
• Filed under: Budget, Entertainment
• Date: Jun 30,2009

ATF prices hiked again, up 40% in last 4 months

Areva T&D India bags orders from Hindalco

• Author: Lalitha
• Filed under: Power Sector, order_news
• Date: Jun 30,2009

Areva T&D India Ltd has informed the market that it has bagged 2 orders from Hindalco for 2 x 220kV Conversion Substations. The order involves design, supply, installation and commissioning of 5×100kA, 1650V DC rectifier stations, at each location of Bargwan (Singrauli-Madhya Pradesh) and Lapanga (Sambalpur-Orissa).With the value of old orders we can value this one anywhere from 75 to 100 crore.

Zicom Electronic system results – locked at upper circuit

• Author: kalyan
• Filed under: Results, upperfreeze
• Date: Jun 30,2009

Zicom Electronic Security Systems came out with results today and when the results came out it was so good that it was locked at upper limit of 5% at Rs 87.90 on bombay stock exchange .
Results Detail

Zicom Electronic’s net profit rose 22.51% to Rs 9.85 crore on a 18.68% rise in sales to Rs 195.25 crore in the year ended March 2009 (FY 2009) over the year ended March 2009 (FY 2008).
Consolidated
Zicom’s consolidated net profit surged 1251% to Rs 19.59 crore on a 29.45% rise in sales to Rs 375.75 crore in FY 2009 over FY 2008.

Sensex tumbles by 292 points on across-the-board sell-off – Hindu

• Author: Lalitha
• Filed under: Hindu Business Line Updates, Market Live, india
• Date: Jun 30,2009

Tata Dividend Yield Fund declares 15% dividend

• Author: abhisheak
• Filed under: Hindu Business Line Updates, Market Live, Mutual Fund, india
• Date: Jun 30,2009

Tata Dividend Yield Fund has declared a dividend of 15%, for which the record date is July 3, 2009.

Coconut oil prices slump to a 2-year low

• Author: Lalitha
• Filed under: Budget, Entertainment
• Date: Jun 30,2009

Coconut oil prices slump to a 2-year low

Sensex closes below 14500 ahead of budget

• Author: Lalitha
• Filed under: Budget, india
• Date: Jun 30,2009

Stocks markets ended sharply lower as investors booked profits ahead of Union budget next week.

Mamata Banerjee likely to present deficit rail budget

• Author: Lalitha
• Filed under: Budget, india
• Date: Jun 30,2009

If Banerjee decides to implement schemes like discounted passes for students and the elderly, along with improved quality of food for passengers and other amenities without fare hikes, the fiscal impact could be severe, they added.

Sensex closes in red; down by 250 points

• Author: Lalitha
• Filed under: Hindu Business Line Updates, Market Live, Market Update Video, india
• Date: Jun 30,2009

Sensex closes in red; down by 250 points

US markets end higher

• Author: Lalitha
• Filed under: india
• Date: Jun 30,2009

The stocks ending the day higher on Wall Street; the Dow adding 91 points, the Nasdaq up 6 points and SP 500 up 8 points.

TRowe Price puts highest bid for UTI AMC stake: Sources

• Author: Lalitha
• Filed under: Hindu Business Line Updates, Market Live, Mutual Fund, india
• Date: Jun 30,2009

CNBCTV18 learns that USAbased TRowe Price has put in the highest bid for UTI Asset Management\’s 26% stake.

Power cos eye tax sops, pro-investment moves

• Author: Lalitha
• Filed under: Budget, india
• Date: Jun 30,2009

Power companies are have sought an extension of an income tax holiday beyond 2010.

Sensex falls 220 points at midsession – Hindu

• Author: Lalitha
• Filed under: Market Live
• Date: Jun 30,2009

Wall Street ends higher; Dow up 91 points

• Author: Lalitha
• Filed under: india
• Date: Jun 30,2009

The Wall Street ended in the green on broad based buying, there were no real triggers. Convicted ponzi swindler Bernie Madoff was sentenced to 150 years in federal prison and oil topped 71 dollars a barrel. The CBOE volatility index also dropped. The CBOE volatility index also dropped. The Dow Jones gained 90.99 points, or 1.1%, to 8,529.38.

Slowdown-hit real estate bets big on Budget

• Author: Lalitha
• Filed under: Budget, india
• Date: Jun 30,2009

Having been hit the hardest by the economic downturn, embattled realty majors are betting big on the forthcoming Budget, to be presented on July 6, in a bid to revive the sector’s fortunes.

Nifty near day's low; Suzlon, Tata Motors, DLF drag – Economic Times

• Author: Lalitha
• Filed under: Business, Market Live, india
• Date: Jun 30,2009

Budget may not be radically reformist: ICICI Securities

• Author: Lalitha
• Filed under: Budget, india
• Date: Jun 30,2009

ICICI Securities believes that a moderate dose of reform is required for sustained, long-term stock market performance.

Sensex slips after opening higher – Hindu

• Author: Lalitha
• Filed under: Hindu Business Line Updates, Market Live, india
• Date: Jun 30,2009

Markets open positive; Sensex 116 points up

• Author: Lalitha
• Filed under: Hindu Business Line Updates, Market Live, Market Update Video, india
• Date: Jun 30,2009

Markets open positive; Sensex 116 points up

Dividend and Record date announced from July 1 to July 13th 2009

• Author: abhisheak
• Filed under: BookClosure, Dividend, Ex-Bonus/Split/Dividend, Record Date
• Date: Jun 30,2009

Dividend and record date informed for stocks from July 1 to July 13th 2009

Scrip Code	Scrip Name	Ex-Date	Purpose	Rs.
532331	AJANTA PHARM	6/30/2009	Dividend	2.5
511208	IL & FS INVE	6/30/2009	Dividend	7
504879	ORIEN ABRASI	6/30/2009	Dividend	1.3
517522	RAJ GLO WIR	6/30/2009	Dividend	1
500111	RELIANCE CAP	6/30/2009	Dividend	6.5
500303	ADI BIR NUVO	7/2/2009	Dividend	4
530431	ADOR FONTECH	7/2/2009	Dividend	5
500490	BAJ HOLD INV	7/2/2009	Dividend	10
532977	BAJAJ AUTO	7/2/2009	Dividend	22
532978	BAJAJ FINSE	7/2/2009	Dividend	1
532525	BANK MAHA	7/2/2009	Dividend	1.5
532149	BANK OF INDI	7/2/2009	Final Dividend	5
532121	DENA BANK	7/2/2009	Dividend	1.2
532511	EXCEL CROP	7/2/2009	Dividend	5
506943	J B CHEM PHR	7/2/2009	Dividend	1
500241	KIRLOSKAR BR	7/2/2009	Dividend	2
532400	KPIT CUMMIN	7/2/2009	Dividend	0.6
532720	M&M FINANSER	7/2/2009	Dividend	5.5
500390	REL INFRA	7/2/2009	Dividend	7
526725	SANDESH LTD	7/2/2009	Dividend	3
519260	SANWAR AG OI	7/2/2009	Interim Dividend	0.1
532410	TRANSCORP IN	7/2/2009	Dividend	0.1
532410	TRANSCORP IN	7/2/2009	BONUS 1:2	-
532401	VIJAYA BANK	7/2/2009	Dividend	1
532179	CORPORATION	7/3/2009	Final Dividend	8
500124	DR.REDDY’S L	7/3/2009	Dividend	6.3
500160	GTL LIMITED	7/3/2009	Dividend	3
511092	JMD TELEFILM	7/3/2009	Stock Split from Rs. 10/- to Re. 1/-	-
511092	JMD TELEFILM	7/3/2009	Dividend	0.5
500298	NATION PEROX	7/3/2009	Dividend	10
590072	SUNDARAM BRK	7/3/2009	Interim Dividend	4
500010	HOUSING DEVE	7/6/2009	Dividend	30
500243	KIR OIL ENG	7/6/2009	Final Dividend	1
500470	TATA STL	7/6/2009	Dividend	16
500645	DEEPAK FERT	7/7/2009	Dividend	4
532285	GEOJIT BNP	7/7/2009	Dividend	0.5
532659	INFRA DEVFIN	7/7/2009	Dividend	1.2
505283	KIRLOSKAR PN	7/7/2009	Dividend	10
523229	BHARAT SEATS	7/8/2009	Dividend	0.5
532483	CANARA BANK	7/8/2009	Dividend	8
501833	CHOWGULE STE	7/8/2009	Dividend	1.5
509472	CRAVATEX LTD	7/8/2009	Dividend	3.5
500120	DIAMINE CHEM	7/8/2009	Dividend	1
500125	EID PARRY	7/8/2009	Dividend	6
500086	EXIDE INDUS	7/8/2009	Final Dividend	0.2
533047	INDIAN MET	7/8/2009	Dividend	10
502157	MANGALAM CEM	7/8/2009	Dividend	5.5
532854	NITIN FIRE	7/8/2009	Dividend	3
500672	NOVARTIS IND	7/8/2009	Dividend	10
504960	STEWART LLOY	7/8/2009	Dividend	1.5
532301	TATA COFFEE	7/8/2009	Dividend	6
532628	3I INFOTECH	7/9/2009	Dividend	1.5
520119	AUTOMOTIVE S	7/9/2009	Dividend	0.5
500084	CESC LTD	7/9/2009	Dividend	4
500116	IDBI BANK L	7/9/2009	Dividend	2.5
517569	KEI INDUSTRI	7/9/2009	Dividend	0.2
506528	KELTECH ENRG	7/9/2009	Dividend	2.5
500520	MAHINDRA & M	7/9/2009	Dividend	10
532254	POLARIS LAB	7/9/2009	Final Dividend	1.3
513369	RAJKUMAR FRG	7/9/2009	Dividend	0.9
532687	REPRO INDIA	7/9/2009	Dividend	2.5
506854	TANFAC INDUS	7/9/2009	Dividend	1
500411	THERMAX LMTD	7/9/2009	Dividend	5
532928	TRIL	7/9/2009	Final Dividend	4
532538	ULTRATECH CM	7/9/2009	Dividend	5
506690	UNICHEM LAB	7/9/2009	Final Dividend	5
500439	VARD HOLDNG	7/9/2009	Dividend	2
502986	VARDH TEXT	7/9/2009	Dividend	2
500040	CENTURY TEXT	7/10/2009	Dividend	4.5
509567	GOA CARBON L	7/10/2009	Dividend	3
509162	INDAG RUBBER	7/10/2009	Dividend	2
503015	MODERN INDIA	7/10/2009	Dividend	0.5
526801	PSL LIMITED	7/10/2009	Final Dividend	2.5
532452	SOUTH ASIAPE	7/10/2009	Dividend	0.4
590071	SUNDARAM FIN	7/10/2009	Final Dividend	2.5
500114	TITAN IND.	7/10/2009	Dividend	10
500575	VOLTAS LTD	7/10/2009	Dividend	1.6
509966	VST INDUSTRI	7/10/2009	Dividend	30
532309	ALSTOM PROJE	7/13/2009	Dividend	10
500067	BLUE STAR L	7/13/2009	Final Dividend	7
506395	COROMANDL FR	7/13/2009	Final Dividend	4
522074	ELGI EQUIP	7/13/2009	Dividend	1.3
500875	I T C LTD	7/13/2009	Dividend	3.7
504741	INDIA HUME P	7/13/2009	Dividend	8.5
507836	MAC CHARLES	7/13/2009	Dividend	10
524558	NEULAND LAB	7/13/2009	Dividend	3.5
532460	PONNI ERODE	7/13/2009	Dividend	2.5
500370	SALORA INT	7/13/2009	Dividend	1

Mah Holidays IPO priced at Rs 300/sh, to list in 21 days

• Author: Lalitha
• Filed under: Hindu Business Line Updates, IPO, Market Live, india
• Date: Jun 30,2009

The initial public offer of Mahindra Holidays has been priced at Rs 300 per share. Arun Nanda, Chairman, Mahindra Holidays Resorts, said the IPO has been priced lower as a gesture to retail investors. He said the company will be listed in the next 21 days.

NAVs end sharply higher

• Author: Lalitha
• Filed under: Hindu Business Line Updates, Market Live, Mutual Fund, india
• Date: Jun 30,2009

Equity diversified NAVs ended higher with advance:decline ratio of 230:8. The markets closed with marginal gains. Shares of oil gas, metal, real estate, banking (barring ICICI Bank) and select infrastructure companies helped the benchmark indices.

Late selling trims gains – Hindu

• Author: Lalitha
• Filed under: Hindu Business Line Updates, Market Live, india
• Date: Jun 30,2009

US markets open higher; Dow up 11 points

• Author: Lalitha
• Filed under: india
• Date: Jun 30,2009

At 19.06 hrs (IST) The US markets opened higher. The Dow Jones Industrial Average was up 11.71 points, or 0.14%, to 8,450.10. The Nasdaq was up 0.68 points, or 0.04%, to 1,838.90 while the SP 500 was up 0.45 points, or 0.05% to 919.35.

Mah Holidays looks expensive at Rs 300/sh: Dipan Mehta

• Author: Lalitha
• Filed under: Hindu Business Line Updates, IPO, Market Live, india
• Date: Jun 29,2009

Mahindra Holidays fixed IPO price at Rs 300 a share. Dipan Mehta, Member, BSE/NSE said even at Rs 300 a share, it looked expensive. He was more comfortable at slightly lower levels, maybe around Rs 220230 levels, which would be a good entry point for this company.

Rishabhdev Technocables ends below issue price

• Author: Lalitha
• Filed under: Hindu Business Line Updates, IPO, Market Live, india
• Date: Jun 29,2009

Rishabhdev Technocables ended its first trading session with a discount of 17.58% to its issue price of Rs 33. The share closed at Rs 27.20 on the BSE.

Government to resume cooking oil imports

• Author: Lalitha
• Filed under: Budget, Entertainment
• Date: Jun 29,2009

Government to resume cooking oil imports

Religare Banking Fund declares maiden dividend

• Author: Subramanian
• Filed under: Hindu Business Line Updates, Market Live, Mutual Fund, india
• Date: Jun 29,2009

Religare Banking Fund has announced a dividend of 7.5%, for which the record date has been fixed as July 3, 2009.

Sensex ends flat, shoots 14.966 intraday

• Author: Lalitha
• Filed under: Hindu Business Line Updates, Market Live, Market Update Video, india
• Date: Jun 29,2009

Sensex ends flat, shoots 14.966 intraday

Fidelity Wealth Builder Fund declares maiden dividend

• Author: abhisheak
• Filed under: Hindu Business Line Updates, Market Live, Mutual Fund, india
• Date: Jun 29,2009

Fidelity Mutual Fund has announced a maiden dividend in Fidelity Wealth Builder Fund, for which the record date is July 1, 2009.

Edelweiss MF launches Gilt Funds

• Author: Lalitha
• Filed under: Hindu Business Line Updates, Market Live, Mutual Fund, india
• Date: Jun 29,2009

Edelweiss Mutual Fund has launched Edelweiss Gilt Funds, that aims to generate income and capital appreciation by investing predominantly in securities issued by the Government of India or State Governments.

Rishabhdev Tecnocable targets Rs 210cr sales in FY11

• Author: Lalitha
• Filed under: Hindu Business Line Updates, IPO, Market Live, india
• Date: Jun 29,2009

Sunil B Golchha, CMD, Rishabhdev Tecnocable, targets Rs 210 crore in FY11 sales. \”FY11 EPS is seen at Rs 15.\”

Mahindra Holidays IPO priced at Rs 300/sh

• Author: Lalitha
• Filed under: Hindu Business Line Updates, IPO, Market Live, india
• Date: Jun 29,2009

Mahindra Holidays and Resorts India (MHRIL), a part of the Mahindra Group, has priced its issue price at Rs 300 a share. The price band was between Rs 275325 a share.

US markets finish mixed

• Author: Lalitha
• Filed under: india
• Date: Jun 29,2009

The US markets finished mixed on Friday. Today lot of attention won’t be on stocks but a couple of US court rooms. Billionaire investor Bernanrd Maydoff will learn from New York judge how long he wills spend in prison.

Rishabhdev Technocables lists at Rs 42

• Author: Lalitha
• Filed under: Hindu Business Line Updates, IPO, Market Live, india
• Date: Jun 29,2009

Rishabhdev Technocables listed at Rs 42 with a premium of 24.27% to its issue price of Rs 33 a share. At 9.57 am, the share was trading at Rs 39.90, at a premium of 20.90% to its issue price. The share touched an intraday high of Rs 47 and an intraday low of Rs 38.55 in early trade. The total traded quantity was 15,81,921 shares.

Jain Irrigation Systems gest order wirth 158 crore from Coca-Cola

• Author: Lalitha
• Filed under: Agriculture, Food Processing, order_news
• Date: Jun 29,2009

Jain Irrigation Systems Ltd informed the market on Monday that its food division has received orders worth 158 crore from Coca-Cola bottlers in India and overseas for the supply of mango pulp for 2009/10 season.Sure this would have been bagged by the Jain irrigations food processing division.

Larsen & Toubro bags 6 orders worth 1230 crore

• Author: Lalitha
• Filed under: Infrastructure, order_news
• Date: Jun 29,2009

Larsen & Toubro informed the market tday that it has bagged six orders worth Rs 1230 crore from electrical projects in the domestic market.These projects will be executed by Electrical & Gulf Projects Operating company of Larsen and toubro .
Order Details are as follows.Source : BSEINDIA

Hindustan Dorr Oliver bags order worth 108.90 crore

• Author: Lalitha
• Filed under: Oil, Power Sector, order_news
• Date: Jun 29,2009

Hindustan Dorr Oliver Ltd has informed the market has bagged another order worth Rs 108.9 Crores from HPCL-Mittal Energy Ltd for Effluent Treatment Plant of 12 MLD capacity , The execution time for the project is 17 months.
It has also bagged another order from HPCL-Mittal Pipelines Ltd for crude oil terminal effluent treatment facility at Mundra of value Rs 9.90 crs.The Execution time for the project is 11 months .

Markets trade marginally low; realty, metals gain

• Author: Lalitha
• Filed under: Hindu Business Line Updates, Market Live, Market Update Video, india
• Date: Jun 29,2009

Markets trade marginally low; realty, metals gain

SBI Ezee – Cheapest Car loan scheme from State Bank of India

• Author: Subramanian
• Filed under: Auto, Bank
• Date: Jun 28,2009

State Bank of India informed the market that they have launched a car loan scheme called “SBI Ezee” from july 1 2009 , This scheme looks the same way as the home load that they had offered which has like a fixed low interest rate for the first year , like that SBI Ezee has these peculiar structure.
Loan Details

>Reduced rates of 8 per cent per annum which will be fixed for the first year .
>10 per cent will be fixed for the second and third year.

So for like a loan of 1 lakh EMI will be as low as Rs. 1,559 in the first year and Rs. 1,647 in the second and third year.The interest rate will be reset from the fourth year at the card rate contracted as on the date of sanction, depending on the tenure of the loan.

Mahindra Holidays and Resorts IPO Allotment and Subscription details

• Author: Lalitha
• Filed under: IPO, Mahindra Holiday Resorts IPO
• Date: Jun 28,2009

Mahindra Holidays and Resorts India Limited IPO which closed on Friday june 26th 2009 , The IPO dint get subscribed until the last day finally got subscribed by fully subscribed on its closing day, The issue got totally subscribed by 9.8 times.
Issue Subscription Details

Total Issue Size : 9265275
Total Bids Received : 90833800
Total Bids Received at Cut-off Price : 8469720
No. of times issue is subscribed : 9.80

Bid Details

> Qualified Institutional Buyers (QIBs) : 12.8262
> Non Institutional Investors : 11.0060
> Retail Individual Investors (RIIs) : 3.3578

Wall Street ends flat: Dow down 34 points

• Author: Lalitha
• Filed under: india
• Date: Jun 27,2009

It was a choppy and listless session on Wall Street yesterday. The Dow capped another down week with a loss as investors shrugged off a surge in consumer sentiment. Techs gained after encouraging earnings from palm. Financial stocks made a modest rally into the close after spending nearly the entire session showing weakness.

NAVs close on a strong note as mkts surge

• Author: Lalitha
• Filed under: Hindu Business Line Updates, Market Live, Mutual Fund, india
• Date: Jun 27,2009

Equity diversified NAVs closed on a strong note with advance:decline ratio of 231:1 as the markets showed spectacular performance on the first day of July series.

Mahindra Holidays IPO subscribed 9.8 times

• Author: Lalitha
• Filed under: Hindu Business Line Updates, IPO, Market Live, india
• Date: Jun 27,2009

Mahindra Holidays and Resorts India (MHRIL), a part of the Mahindra Group, closed for subscription with an initial public offering (IPO) of 92,65,275 equity shares of Rs 10 each for cash at a price to be decided through a 100% bookbuilding process. The issue got subscribed 9.8 times.

US markets open lower; Dow down 20 points

• Author: Lalitha
• Filed under: india
• Date: Jun 27,2009

At 19.05 hrs (IST) The US markets opened lower. The Dow Jones Industrial Average was down 20.33 points, or 0.24%, to 8,452.07. The Nasdaq was down 3.02 points, or 0.17%, to 1,826.52 while the SP 500 was down 2.60 points, or 0.28% to 917.66.

Rupee recovers 50 paise against $ – Hindu

• Author: Lalitha
• Filed under: Hindu Business Line Updates, Market Live, india
• Date: Jun 27,2009

Sensex up 419 points – Hindu

• Author: Lalitha
• Filed under: Hindu Business Line Updates, Market Live, india
• Date: Jun 26,2009

Markets this week – Hindu Business Line

• Author: Lalitha
• Filed under: Hindu Business Line Updates, Market Live, india
• Date: Jun 26,2009

Sensex rebounds 419 pts, Nifty rises 3.15% – Hindu Business Line

• Author: Lalitha
• Filed under: Hindu Business Line Updates, Market Live, india
• Date: Jun 26,2009

Rishabhdev Technocables to list on June 29

• Author: Lalitha
• Filed under: Hindu Business Line Updates, IPO, Market Live, india
• Date: Jun 26,2009

After receiving fabulous response to the followon public offer (FPO), Rishabhdev Technocables will list its equity shares on the BSE on June 29, 2009. It has been fixed its FPO issue price at Rs 33 a share (including Rs 23 premium) and raised over Rs 29.70 crore.