Indian Stock Market

Cairn oil India has tarted producing oil in Rajasthan in India. Prime Minister inaugrated it .

Aircel and Reliance Communications in tower sharing deal.
Reliance Communications’ tower business Reliance Infratel is likely to enter into an end-to-end telecom infrastructure agreement with
Aircel for towers, voice carriage and bulk bandwidth worth about USD 300 million.
According to sources, Aircel and Reliance Communications are close to entering into telecom infrastructure sharing agreement, estimated to be worth [...]

Drug resistant H1N1 . Heard of it ?
An increasing number of countries, including some in Asia, are now reporting Tamiflu-resistant H1N1 virus. The worrying development,
according to WHO, has seen 12 countries, including China and Singapore, reporting a mutation in the virus. India has not reported the mutation so far.
The changes in the virus reported in [...]

Kingfisher Airlines board on Monday approved an enabling resolution to raise $100 million (nearly Rs 487.8 crore) by various fund raising instruments.
The board of directors of the company have approved that the funds be raised through various instruments including Global Depository Receipts, Kingfisher Airlines said in a filing to the Bombay Stock Exchange [ Images [...]

Britannia Sugar Import.
Biscuit and dairy product major Britannia Industries is planning to import sugar, both raw and refined, on account of the scarcity in
the domestic market, a top company official said here Monday.
“We will import sugar this year. This is the first time we are doing so. We have been allowed to keep an inventory [...]

OIL to grow 100%
Oil India Ltd plans to double its natural gas production to around 4.54 billion cubic
metres annually in the next 5-6 years.
“There have been a lot of proven reserves with the help of which we shall be in a position to double the gas production. We are in a position to more or [...]

BGR Energy secures 2 x 500 MW Marwa Thermal Power Project BOP contract for Rs 1633 Crores

Pyramid Saimira Theatre Ltd (PSTL) has decided to offload a stake of over 40 per cent in its movie production company to a Kolkata-based corporation. The new partner of PSTL is likely to infuse around Rs 100 crore.
In addition, as a part of its restructuring plan, PSTL has also decided to demerge its television content [...]

Nokia Booklet 3G is going to be launched soon. Indian Launch date , Features and Price in India wil be updated here soon.

Sahara group Real Estate Arm , Sahara Prime City Ltd is in the verge of filing Draft prospectus for a propsed IPO Offering. Company plans to raise Rs. 5000 crores for exansion plans using this IPO. This offer can be expected in the year end.
Real estate hasn’t seen [...]

Future Ventures India is the next Big Bang IPO from private sector.
Future Ventures India is promoted by Kishore Biyani’s Future Group and its his Venture capital arm. Kishor had said in an interview that he is going to raise Rs.1000 crores for this company through IPO.
FVIL is in the process of filing Draft Red Herring [...]

Jindal Cotex IPO , Price , Subscription , Allotment Status , Listing date
Jindal Cotex IPO starts on August 27 2009.
Jindal Cotex IPO starts for subscription on August 27 and closes on September 1, 2009.
The issue comprises of promoters’ contribution of 12,03,894 equity shares and reservation of 5,00,000 equity shares for eligible employees.
So, the net issue [...]

JKlakshmiCement-IC-7-8-2009.pdf JK Lakshmi Cement August 2009 Research Report

Result%20Update%20-%20State%20Bank%20of%20India–Q1FY10.pdf

ITC – Karvy – 13 08 09.PDF