Market Report

Power Finance $1.2bn issue on May 10: Sources

JK Paper to raise Rs 250cr through rights issue in May

Honda, Toyota cut India production after tsunami

ACC’s Q1 net down on high input costs

Aventis Pharma Q1 net up 40.16% to Rs50.6 crore

TTML surges 15% on stellar results

Nectar Life redeems FCCBs worth $ 49.7 mn; stock gains

Tata Metaliks Q4 FY11 cons net profit at Rs 57 Lk

Exide Industries Q4 PAT up 6.5% at Rs 132 cr

Ambuja Cem Q1 net profit down 12% at Rs 408 cr

Petronet LNG Q4 net profit up at Rs 206 cr

Tata Motors cuts production of SUVs, cars by 15-20%

Sarang Chemicals approves rights issue

Market Report

Rupee ends down on gold, oil importer demand; shares weigh

Govt orders RIL to offer KGD6 gas to core sector only

Maruti Q4 net up 0.5% at Rs 660 cr, beats estimates

Strides Arcolab Q4 net profit up 4.54%; stock down

IndusInd Bank selects Finacle for core banking transformation

Honda India to halve production at plant from May

Sterlite Inds beats estimates, Q4 net profit jumps 35%

Geometric Q4 PAT up 16% at Rs 17.8 cr, QoQ

Ballarpur Ind Q3 PAT up 11% at Rs 49.2 cr

Paramount Printpackaging IPO subscribed 3 times

Tutis Tech bags UID project worth Rs 12 crore

Kalpataru Power Transmission bags order worth Rs 1350 crore

Sesa Goa Q4 PAT up 21% at Rs 1462 cr

Pratibha Ind 2 others win Rs 242 cr pipeline contract

Mahindra Holidays Q4 net profit up 25%

UCO Bank ties up with Religare, aggressive expansion on cards

Gillette India net down 51.45% at Rs 20.73 crore

Market Report

Innoventive's Rs 2.2bn IPO to open on April 26

Unitech promoters pledge over 15 crore shares to IL&FS

Sahara India unlisted despite having 2.6 mn shareholders

Powergrid signs pact to develop transmission network in Kenya

Indian Oil Corporation losing Rs297 crore every day

BP Fintrade buys 1.35 lakh shares of Uniflex Cables

Indiabulls Financial Q4 net profit at Rs 236.1 cr

Axis Bank Q4 net profit rises 33% to Rs 1020 cr

JSPL Q4 Cons net profit up at Rs 1002 cr

3i Infotech Q4 net profit at Rs 63.4 cr

Biogen Q1 profit up; shares soar on drug data

MindTree Q4 net drops on higher expenses, lower revenue

Tata Consultancy net rises 3% to Rs2,402 cr

RIL net rises 14.14%, below expectations

Fidelity invests $13.5 million in Transpole Logistics

Essar Telecom, India Securities merger gets high court nod

Market Report

Future Group sets up JV with UK’s Clarks footwear

Reliance Venture exits Sequans Communications

Wockhardt gets USFDA nod for anti-depression capsules

IDBI Bank Q4 net up 62% at Rs 516 cr

Vedanta snaps up 11% of Cairn India for $1.5bn: Source

Tata Steel to raise around Rs 3500 crore in May

Container Corporation Q4 PAT up 16% at Rs 201cr

ZEE posts Q4 net profit at Rs191.83 crore

Paramount Printpackaging IPO opens 20th April

Magma Fincorp’s Q4 PAT rises 69% to Rs44.93 crore

Market Report

Europe shares hit 3-wk low as S&P cuts US outlook

Deccan Chronicle to buy-back 3.5 crore shares

Reliance Infrastructure buys back one lakh shares

OVL can raise stake in Satpayev block to 35 pc

Continental to acquire Modi Rubber subsidiary

Punj Lloyd gets Rs114 crore contract from UP state thermal power utility

HDFC Bank Q4 net jumps 33% to Rs1,114.70 crore

IndusInd Bank Q4 net up 75% at Rs171.76 crore

Innoventive Industries' Rs 220cr IPO to open on April 26

LT Infotech announces channel relationship with Intel

Strides gets USFDA nod for new sterile injectable facility

NSDC JV will lead to order of nearly Rs 14,400cr: Everonn

Avigo Capital to buy 9.27% in Super Religare Labs

Aditya Birla Group buys Domsjö for $340 million

Sale of main chloro chemicals biz lifts Kanoria Chem’s scrip

Market Report

Infosys Q4 net profit up 13.6% to Rs1,818 crore, lags expectations; stock  slips 7.5%

L&T in talks to sell electrical unit for up to $3 bn: sources

Tata Motors says March global sales up 9%

Goldman Sachs gets RBI nod for primary dealership biz

Indiabulls Real promoters acquires 2.6% stake

Muthoot Finance raises $30 mln from anchor investors

Alok Industries says real estate foray was a mistake

Everonn Education signs JV with National Skill Dev Corp

SCI inks contracts for buying 2 resale bulk carriers

Aditya Birla Group buys chemicals unit for $187m

Oil PSUs to lose Rs 1.78 trillion on fuel sales this fiscal

Market Report

FO cues: Total Futures Open Int up Rs 4141 cr

RELIANCE CAPITAL sells 9.92 lakh shares of GeeCee Ventures

PRUSIK ASIA FUND sells 1.5 lakh shares of Talwalkars Fitn

ASIA ADVANTAGE FUND buys 2.49 lakh shares of Repro India

RELIALNCE CAPITAL buys 8.15 lakh shares of Persistent

KILBURN ENGINEERING buys 7 lakh shrs of Mcnally Bh Engg

CITIGROUP sells 17 lakh shares of MM Financial

MONEY MATTERS (I) Pvt sells 3.92 lakh shares of Fame India

JPMORGAN SPECIAL sells 37.87 lakh shares of Cable Corp

RARE ENTERPRISES buys 12 lakh shares of DCB

Hindustan Unilever JV to relaunch Lipton ice tea

DCB declares Q4 numbers; stock rises 5%

GRUH Finance announces Q4 results; stock hits 52week high

Fortis Healthcare to acquire 86% in Super Religare Labs

Dr Reddy’s launch generic version of Allegra in US

MRF reports marginal dip in profit at Rs89.85 crore

Virgin to exit India marketing JV with Tata Tele: Report

Market Report

FIIs invest over $1.5 billion in Indian equities in 5 sessions

Sun Pharma, Merck form JV to sell generic drugs in emerging markets

JSW Steel posts highest-ever quarterly crude steel production in Q4 FY-11

GACL commissions bleaching powder project

MAN Industries wins orders worth Rs550 crore

NPCIL net up 200% to Rs1,248 crore in FY10-11

Acil plans to buy 2,500 acres for organic contract farming

Paramount Printpackaging receives SEBI nod for IPO

Hitachi betting big on India, to invest USD 1 bn: Sources

SR GLOBAL MAURITIUS sells 77.43 lakh shares of Alok Ind

CITIGROUP GLOBAL buys 17 lakh shares of Gammon India

RELIANCE SMALL CAP buys 1.7 lakh shares of Gujarat Apollo

ASIA ADVANTAGE FUND buys 6 lakh shares of Mudra Lifestyle

BAKSHU SECURITIES sells 73983 shares of Raj Tele

Reliance Broadcast Network's BIG STREET opens new gateway for advertisers

GMR Infra completes divestment of its 50% shareholding in InterGen N.V

Surana Industries completes acquisition of 100% stake of Surana Mines,  Minerals Pte

ONGC, Hindustan Petroleum in pact for turpentine oil sale

TCL buys 25% stake in urea complex in Africa for $290 mn

Cognizant, Genomics, Pistoia tie up for cloud-based platform

Continental in talks to buy 51% stake in Modi Rubber

Who is Anna Hazare?

1. Who is Anna Hazare?
An ex-army man. Fought 1965 Indo-Pak War

2. What's so special about him?
He built a village Ralegaon Siddhi in Ahamad Nagar district, Maharashtra
3. So what? This village is a self-sustained model village. Energy is produced in the village itself from solar power, biofuel and wind mills.
In 1975, it used to be a poverty clad village. Now it is one of the richest village in India. It has become a model for self-sustained, eco-friendly & harmonic village.

4. Ok,...?
This guy, Anna Hazare was awarded Padma Bhushan and is a known figure for his social activities.

5. Really, what is he fighting for?
He is supporting a cause, the amendment of a law to curb corruption in India.
6. How that can be possible?
He is advocating for a Bil, The Lok Pal Bill (The Citizen Ombudsman Bill), that will form an autonomous authority who will make politicians (ministers), beurocrats (IAS/IPS) accountable for their deeds.

8. It's an entirely new thing right..?
In 1972, the bill was proposed by then Law minister Mr. Shanti Bhushan. Since then it has been neglected by the politicians and some are trying to change the bill to suit thier theft (corruption).

7. Oh.. He is going on a hunger strike for that whole thing of passing a Bill ! How can that be possible in such a short span of time?
The first thing he is asking for is: the government should come forward and announce that the bill is going to be passed.
Next, they make a joint committee to DRAFT the LOK PAL BILL. 50% goverment participation and 50% public participation. Because you cant trust the government entirely for making such a bill which does not suit them.

8. Fine, What will happen when this bill is passed?
A LokPal will be appointed at the centre. He will have an autonomous charge, say like the Election Commission of India. In each and every state, Lokayukta will be appointed. The job is to bring all alleged party to trial in case of corruptions within 1 year. Within 2 years, the guilty will be punished. Not like, Bofors scam or Bhopal Gas Tragedy case, that has been going for last 25 years without any result.

9. Is he alone? Whoelse is there in the fight with Anna Hazare?
Baba Ramdev, Ex. IPS Kiran Bedi, Social Activist Swami Agnivesh, RTI activist Arvind Kejriwal and many more.
Prominent personalities like Aamir Khan is supporting his cause.

10. Ok, got it. What can I do?
At least we can spread the message. How?
Putting status message, links, video, changing profile pics.
At least we can support Anna Hazare and the cause for uprooting corruption from India.
At least we can hope that his Hunger Strike does not go in vain.
At least we can pray for his good health.

I am sending this out to all my contacts. My humble request to all is to do the same and spread the word.

Market Report

Ford Motor launches Fiesta Classic in India Market

Radico Khaitan to introduce Japanese whiskey brands in India

Glenmark Pharma signs licensing deal with Canadian company

Shilpi Cable Tech to list shares today

Unichem Lab gets US FDA green flag for generic drug

ICICI Bank acquires 5.68% in Kingfisher Airlines

Bombay High Court approves merger of 3i Infotech's subsidiaries with itself

Crest Animation's Alpha Omega collects $10.8mn

Market Report

ABM Knowledgeware bags Rs 63 cr order; stocks up

HCL Info bags Indian Railways broadband project

StanChart PE invests $25 mln in Bush Foods

Shiv-Vani board oks raising up to 5 bln rupees

IDFC says it lent Rs500-cr to TTSL for expansion

Kingfisher allots 5.68% stake to SBI for Rs180 crore

Supreme Infrastructure bags new orders worth Rs 389 cr

ASM Tech acquires Abacus Business Solutions Inc (Abacus)

Cedar Infonet, the promoter of Tulip Telecom increases stake in company

Genpact to acquire Headstrong for $550m

Tata PowerSN Power Consortium wins bid for 236 MW Dugar Hydro Power

CairnVedanta deal suffers another setback; referred to GoM

Sesa Goa to launch open offer for Cairn India shares by 11 April

Mahindra Satyam shares up after US Securities and Exchange Commission settlement

ONGC to outsource gas production at isolated wells in KG basin

Diamond Power to acquire stake in Orissa-based Utkal Galvanizers

Market Report

Gold hits all-time high above $1,450 an ounce

FII investment doubles since December 2008: RBI

Merkel stops India-Bundesbank Iran deal: report

NTC to invest Rs425 cr to foray into technical textiles space

GCPL plans to hike household insecticide product prices

Suven Life Sciences manufacturing unit gets USFDA approval

L&T Metro Rail (Hyderabad) achieves financial closure for Hyderabad Metro  Rail Project

Govt issues termination notice to Sistema Shyam Teleservices (SSTL) for 3 circles

Order book currently stands at Rs 2,250cr: RPP Infra

Considering foraying into infra, real estate: Gravita India

Maruti Suzuki India hikes prices by upto Rs 9000

Octant Interactive bags export order worth Rs 3 crore for Castor Derivatives

ICICI Venture, Gaja Capital invest Rs 1bn in TeamLease

ABM awarded Rs 63.32 crore eGovernment contracts by MCGM in the space of  eMunicipality

Fortis Healthcare name changed to Fortis Healthcare (India)

Market Report

Oil above $108 breaks 30-month high

Suzlon initiates steps to buyout remaining stake in REpower

Bajaj Auto March sales up 12% to 3,07,738 units

Huntsman acquires Laffans Petrochemicals

Mundra Port crosses a record 50 MT cargo handling

Sterlite Tech to spend Rs 4000cr on 3 transmission projects

TCS Mar qtr net profit up by 6% at Rs 2507cr

Wipro Mar qtr PAT up 9% at Rs 1443 cr

GAIL plans foray into power sector through tie-up with NTPC

Temasek in talks to buy TPG stake in India's Shriram

Market Report

Sensex rises for 7th day, up 169 points

Sebi allows FIIs to invest additional $20 bn in infra bonds

Mahindra to sell S.Korean SUVs in India, Africa

Macquarie SBI Infra invests $200 mn in GMR Airports

Atul Auto signs MoU with Bank of Baroda for auto loans

LT sells stake in LTCASE Eqmt to JV partner CNH Global

Welspun wins pipe orders worth Rs1,182 crore

Smartlink Network to sell Digilink to Schneider Electric

PNV ENTERPRISES sells 66 lakh shares of Lloyds Steel

PARAMOUNT PHARMA buys 7.37 lakh shares of Piramal Life

GAMMON INDIA sells 10.15 lakh shares of Sadbhav Engineering

3i India InfraFund puts $45m in IndBarath Energy

Kalpataru Power bags order worth Rs 950 crore

Aurobindo gets USFDA nod for anti-hypertension tablets

Bajaj Auto launches new ‘Discover’ model

Piramal Healthcare buys back shares worth Rs2,508 cr

Vodafone pays $5bn to Essar out of Indian venture

Idea rolls out 3G services in Haryana