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OIL confident of good IPO show

Posted on: Tuesday, September 8th 2009 and is filed under Press Releases.

Hyderabad: OIL India Ltd, whose Rs 2,772-crore IPO is set to open on September 7, is not jittery about the lukewarm response NHPC’s issue got from the bourses on Tuesday. NHPC’s shares closed marginally above the issue price on Tuesday. Talking to press persons as part of the...

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Reliance Life sees govt decision on IPO soon

Posted on: Tuesday, September 8th 2009 and is filed under Press Releases.

Reliance Capital, which is seeking a government waiver to allow its life insurance venture’s IPO, expects a decision later this month, its chief executive said on Tuesday. Sam Ghosh said the unit would be considering roping in a strategic investor if the IPO fails to materialise. ...

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Oil India $570 m IPO oversubscribed on first day

Posted on: Tuesday, September 8th 2009 and is filed under Press Releases.

State explorer Oil India’s $570 million IPO was subscribed nearly 1.3 times on Monday, signalling investor appetite had not waned in the wake of a muted stock market debut for two recent big Indian listings. ‘Oil India IPO subscribed in 30 minutes’ Solid demand for Oi...

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Pipavav may come with IPO this month

Posted on: Tuesday, September 8th 2009 and is filed under Press Releases.

Pipavav (Gujarat): Set to debut in the capital market with an IPO, Pipavav Shipyard today said that it aims to generate around 60 per cent of its revenue from the defence sector going forward, though it does not have a single order from the sector, as of now. “We see high growth po...

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BUY BHARTISHIP – Target achieved

Posted on: Tuesday, September 8th 2009 and is filed under Swing Calls.

Buy BHARTISHIP cmp 206.80, target: 214-217, sl 198 Target achieved, Touched 218 levels after recommendation Call given by Kartik ...

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Intraday calls for 08-09-09

Posted on: Tuesday, September 8th 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Buy Gujarat NRE coke at 56.50, target: 59. Stoploss: 55.70 Buy Bank Nifty above 7730, target: 7900. Stoploss: 7660 ...

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Stocks in news: Wall Street Fin, L&T, ITI, McNally Bharat

Posted on: Tuesday, September 8th 2009 and is filed under Market News.

Oil India IPO subscribed 1.28 times on day 1, QIB portion 2.3 times ((issue closes on September 10)) Wall Street Finance -BK Modi acquires 51% stake in Wall Street Finance -Spice Investment acquires 14.4% stake in via block deal at Rs 55/share -Spice Investment acquires remaining 36.6...

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Gold to touch US$1,200 by end Dec: Suresh Hundia

Posted on: Monday, September 7th 2009 and is filed under Commodity Views.

International gold prices may touch US$1,200 an ounce by the end of December, 2009 Suresh Hundia, president of the Bombay Bullion Association, said that investment demands by gold exchange-traded funds and China buying more gold reserves will help achieve this target. Gold steadied belo...

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Tech Mahindra bags $400mn Etisalat order

Posted on: Monday, September 7th 2009 and is filed under Stock News.

NEW DELHI: Etisalat DB Telecom and its subsidiary today awarded a contract to Tech Mahindra under which the IT solutions firm will manage the IT applications and infrastructure requirements of the telecom firm. The contract is for the proposed roll out of Etisalat’s telecom service...

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World markets in M&A grip…Kraft-Cadbury deal in focus

Posted on: Monday, September 7th 2009 and is filed under Press Releases.

Cadbury has rejected the bid but Kraft said it was committed to working toward a recommended transaction and to maintaining a constructive dialogue Stocks in Europe rose with food companies among the top performers after Cadbury received and rejected a takeover offer from Kraft Foods. Ca...

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