Streetsmarts

#41
Breaking News: Mumbai Police says they are on high alert and are monitoring US installations.

The US embassy has warned India of impending terror attack. US says foreign militants are planning attacks in India. It has warned of attacks on major cities in India in coming days, agencies report.

Indiabulls - Morgan Stanley A/C Dean Witter buys 9.18 lakh shares @ Rs 284.99/sh

Bharat Forge - William Blair sells 14.80 lakh shares @ Rs 301.85/sh
Geodesic Info Systems - Macquarie Bank buys 4.98 lakh shares @ Rs 130/sh
- Goldman Sachs A/C Short Term sells 13 lakh shares @ 134.31/sh

Madhav Marbles - Emarging Capital Advisors buys 10 lakh shares @ Rs 81/sh

Micro Technologies - UBS Securities buys 74 thousand shares @ Rs 173.53/sh

Prajay Eng - Blackstone Asia buys 1.61 lakh shares @ Rs 180.21/sh

There is buzz that Vivimed Labs is aggressivley pursuing opportunities in CRAMS business.

Paramount Communications is in the final stages of finalizing a domestic acquisition.
 
#43
Amtek Auto : Warburg picks 9% stake for Rs 292 cr.

Tata Steel : Exploring options of picking up stake in Southern Ispat.

Alok Ind : Citigroup Global sells 1.5 million shares of the company.

M&M : Eyes synergies with RIL for rural retail and agri services biz.

VIP : Planning to set up 20 exclusive brand outlets in the six Indian metros.

Bharat Forge : Targets $1 bn global revenue by FY'08.

Berger Paints : May consider product price hike.

Provogue : Plans to develop malls in smaller cities.

Cambridge Solutions: Looking at few more outsourcing deals; managed to reduce debt significantly. Satyen Patel, Executive Vice Chairman of Cambridge Solutions says that the recent deal that it has signed is amongst the largest in its history. Cambridge had secured offshore 10-year service contract worth 49 mn pounds (Rs. 4339 cr) from Aon UK. The company is also looking for a few more outsourcing contracts. The company has managed to reduce its debt significantly by obtaining money from Merrill Lynch. Internal cash flows are also good.

Dalmia Cement is likely to buy a domestic cement company by the end of this year.
 

marcus

Active Member
#45
Just in:

Chidambaram says inflation under control.

Thanks Mr. Minister ... but please put your money where your mouth is!

Loved it ....... sooooo right soooooooo right

I dunno why ppl keep thinking he's be very good because he's from Harvard.

I've heard there are two ways you can get inyo these top class universities one is if you're brilliant and win a scholarship say like Dr. Manmohan Singh in which case you would be truly good and you will deliver

....the other way is if you have average intelligence and pay the fees. Like say all the spoilt brat industialists kids or politicians kids like Milind deora, Sachin Pilot, Rahul Bajaj, Kumaramangalam Birla, Tanya Godrej, Rahul Gandhi so on and so forth hope you get the idea.

My sisters doing Phd in Economics at Cambridge university on full scholarship, otherwise there's no way we could afford it, she told me these fancy universities need lots of money to pay their expensive professors and for research and stuff so if you are able and ready to pay the full fees plus give a lil grant as well, they'd come to your residence and invite you ...

:)
 
#46
Thanks Softtouch & Marcus. Politicians can never keep their mouths shut. The more they speak ... the more confusion they spread!!

BHEL secures order for 500mw plant in UP worth Rs12.24bn.

I-flex acquires mantas - an anti money laundering company.

Jet may offer Air Sahara Rs 200 cr for withdrawing case.

NTPC is on the verge of signing it’s biggest power generation project, a Rs 20,000-crore hydel project at Italin (4,000 Mw) in Arunachal Pradesh.

PBA Infrastructure bags 2 orders worth Rs. 57 crores.

Vakrangee Software is on verge of bagging a Rs. 500 crores order from Maharashtra Government.

Polaris is in talks to sell stake to an international software company. Names doing rounds are Micrososft, Oracle, or Capgemini.
 
Last edited:
#47
Now that we are 60 years & 1 day old, some news, some gossip, some rumours for today:

M&M to invest Rs. 5.50 billion to manufacture 'Ingenio' at Nashik.

ONGC Hazira plant to re-open on 19th August.

Sugar prices fall to $ 390 vs $ 430 last week; Global supply seen at 151-155 mt, demand seen at 147 mt

Tata Steel: Kumar Mangalam Birla Resigns From Board.

Reports say that Tata Motors has bought Nissan's truck assembling unit in South Africa for INR210 million.

Amara Raja Batteries will be expanding its automotive batteries capacity by 50 per cent to 5.4 million at an investment Rs 88.2 crore.

Jet Airways may increase the compensation offer to Rs 300 crore to reach an out-of-the-court settlement with Air Sahara.

Zensar Tech the IT firm of the RPG Enterprises, is venturing into pharma and healthcare solutions sector in partnership with the US-based Impact Inc following a similar attempt by the software services giant TCS.

Savita Chemicals board to consider bonus issue.
 

aad

Active Member
#49
Aksh Optifibre enters into agreement with MTNL for providing Broadband Content Services on Broadband Network of MTNL in Delhi & Mumbai.
Wow Kuldeep9,

I really wonder how I missed this thread (may be because I am dumb and this is meant for streetsmarts...:D ). What I liked is your spirit to be alert & consistent with time & news AND share the same here. Thank you so much for your efforts.

Best regards,

Abhay (AAD)