Indian Stock Market may see a good rally today. A positive day expected for Stock Market India today.
Today's Intraday Stock Tips/Trading Calls:
ROLTA INDIA
PUNJ LLYOD
HCC
UNITECH LTD.
GMR INFRA
ABG SHIPYARD
For Levels and Targets CLICK HERE.
Others: Omaxe Ltd., Infosys, Satyam Computer, HCL Tech.
Today's Intraday Stock Tips/Trading Calls:
ROLTA INDIA
PUNJ LLYOD
HCC
UNITECH LTD.
GMR INFRA
ABG SHIPYARD
For Levels and Targets CLICK HERE.
Others: Omaxe Ltd., Infosys, Satyam Computer, HCL Tech.
Corporate News :
Hindustan Motors to launch new passenger car in October 2008. (Mint)Reliance Industries to produce oil from KG basin by August 2008. (Mint)BPCL to invest $200mn in overseas exploration. (Mint)IDFC to list $1.25bn India Infra Fund. (Mint)JSW Steel plans to borrow from export credit agencies to fund its $3.3bn expansion plan. (Mint)Grasim sells sponge iron unit from Rs10.3bn. (Mint)Vedanta plans to invest $20bn in India in next four years. (Mint)Idea Cellular to invest in Spice Communications network and technology upgrade. (BS)Bosch makes considering increasing offer price for delisting its Indian arm, Bosch Chassis Systems. (BL)TVS Motors plans power bikes to take on competition. (BS)Scooters India to make E-bikes. (BS)RCom-MTN combine may seek London listing. (BS)Omaxe forays into Dubai market. (BL)IDFC picks up 22% stake in Seaways Shipping. (BL)Tata Elxsi has planned a capex of Rs450mn and addition of 1,000 employees in 2008-09. (BL)Bharti Airtel to bring Apple’s 3G iPhone to India. (BL)Spice Telecom to unveil Braille mobile phone. (BL)UB Group says their IPL team, Royal Challengers have achieved breakeven in the first year of operations. (BL)Gati may hike freight rates by 7-10%. (BL)Tata Tea to develop new range of products, fortified water, functional water and enhanced water. (FE)Indiabulls Real Estate arm enters in MoU with government of Jharkhand for setting up 1,320MW power project. (FE)Tata Steel JV with Riversdale Mining in Mozambique to yield premium hard coking coal and thermal. (FE)Jet Airways enters into code-share agreement with Etihad Airways effective July 1, 2008. (FE)Gitanjali Gems raises stake in Fantasy Diamond Cuts Pvt Ltd to make its wholly owned unit. (FE)Gitanjali Gems merged two founder group companies Decent Securities & Finance and Eureka Finstock with itself. (FE)Aurobindo Pharma receives USFDA approval to manufacture and market Zaleplon Capsules. (FE)Bosch Chassis makes an offer of acquiring the public holding at a price not exceeding Rs600 per share. (FE)Godrej Appliance to foray into colour television market by August. (FE)Tata Motors seeking to raise US$1bn in debt or equity from the overseas market. (FE)Tata Motors looking to raise its borrowing limit to Rs200bn from the current Rs120bn. (FE)Idea willing to pay a premium of 10-15% over the current market price of Spice Communication. (FE)PNB to bid for stake in IFCI through a consortium. (FE)PNB to foray into credit card business within six months. (FE)BHEL, L&T, Crompton Greaves among major bidders for Rs180bn transmission strengthening and upgradation project. (FE)Financial Technologies promoted Power Exchange to launch its operation within a fortnight. (FE)Duncans Tea in talks with IOC to tap rural market. (FE)Bombay Dyeing to open its first retail store in Dubai. (ET)Bombay Dyeing tied up with Dubai-based luxury lifestyle retailer Revoli Group. (ET)Karuturi Global looks to acquisition in Europe and to foray into Horticulture. (ET)Dabur Pharma subsidy, to get accreditation from college of America next year. (ET) GTL promoters to hike their equity stake in the group’s telecom tower arm GTL Infrastructure to 68.29% from 43.29%. (ET)Middle East‘s Al Rostamani may buy 25% stake in GHCL for ~US$200mn. (ET)ONGC to tie-up with SCI to manufacture rigs. (ET)Bata India eyes franchise model to launch its upcoming retail stores. (ET)
Hindustan Motors to launch new passenger car in October 2008. (Mint)Reliance Industries to produce oil from KG basin by August 2008. (Mint)BPCL to invest $200mn in overseas exploration. (Mint)IDFC to list $1.25bn India Infra Fund. (Mint)JSW Steel plans to borrow from export credit agencies to fund its $3.3bn expansion plan. (Mint)Grasim sells sponge iron unit from Rs10.3bn. (Mint)Vedanta plans to invest $20bn in India in next four years. (Mint)Idea Cellular to invest in Spice Communications network and technology upgrade. (BS)Bosch makes considering increasing offer price for delisting its Indian arm, Bosch Chassis Systems. (BL)TVS Motors plans power bikes to take on competition. (BS)Scooters India to make E-bikes. (BS)RCom-MTN combine may seek London listing. (BS)Omaxe forays into Dubai market. (BL)IDFC picks up 22% stake in Seaways Shipping. (BL)Tata Elxsi has planned a capex of Rs450mn and addition of 1,000 employees in 2008-09. (BL)Bharti Airtel to bring Apple’s 3G iPhone to India. (BL)Spice Telecom to unveil Braille mobile phone. (BL)UB Group says their IPL team, Royal Challengers have achieved breakeven in the first year of operations. (BL)Gati may hike freight rates by 7-10%. (BL)Tata Tea to develop new range of products, fortified water, functional water and enhanced water. (FE)Indiabulls Real Estate arm enters in MoU with government of Jharkhand for setting up 1,320MW power project. (FE)Tata Steel JV with Riversdale Mining in Mozambique to yield premium hard coking coal and thermal. (FE)Jet Airways enters into code-share agreement with Etihad Airways effective July 1, 2008. (FE)Gitanjali Gems raises stake in Fantasy Diamond Cuts Pvt Ltd to make its wholly owned unit. (FE)Gitanjali Gems merged two founder group companies Decent Securities & Finance and Eureka Finstock with itself. (FE)Aurobindo Pharma receives USFDA approval to manufacture and market Zaleplon Capsules. (FE)Bosch Chassis makes an offer of acquiring the public holding at a price not exceeding Rs600 per share. (FE)Godrej Appliance to foray into colour television market by August. (FE)Tata Motors seeking to raise US$1bn in debt or equity from the overseas market. (FE)Tata Motors looking to raise its borrowing limit to Rs200bn from the current Rs120bn. (FE)Idea willing to pay a premium of 10-15% over the current market price of Spice Communication. (FE)PNB to bid for stake in IFCI through a consortium. (FE)PNB to foray into credit card business within six months. (FE)BHEL, L&T, Crompton Greaves among major bidders for Rs180bn transmission strengthening and upgradation project. (FE)Financial Technologies promoted Power Exchange to launch its operation within a fortnight. (FE)Duncans Tea in talks with IOC to tap rural market. (FE)Bombay Dyeing to open its first retail store in Dubai. (ET)Bombay Dyeing tied up with Dubai-based luxury lifestyle retailer Revoli Group. (ET)Karuturi Global looks to acquisition in Europe and to foray into Horticulture. (ET)Dabur Pharma subsidy, to get accreditation from college of America next year. (ET) GTL promoters to hike their equity stake in the group’s telecom tower arm GTL Infrastructure to 68.29% from 43.29%. (ET)Middle East‘s Al Rostamani may buy 25% stake in GHCL for ~US$200mn. (ET)ONGC to tie-up with SCI to manufacture rigs. (ET)Bata India eyes franchise model to launch its upcoming retail stores. (ET)
Good Luck
