30july2006
Sify News Sun Jul 30 2006
• 16 Indian workers killed in Bahrain fire
• IIM-A studying Lalu's management skills
• PIL seeks ban on women in Ayyappa Temple
• List of terror camps given to India: Pak
• World's fastest man fails drugs test
Hindustan Times
Sun Jul 30 2006
• 'Name of US ''mole'' given to PM
• India — A sleeping football giant?
• Rekha: The mysterious diva
• Karan Johar on his sexuality
• 37,700 British nationals living in India
The Times of India Sun Jul 30 2006
• Where are they? Missing Pakistanis fuel terror fears
• IN PICS: Pamela Anderson marries Kid Rock
• List of terror camps given to India: Pak
• First bikini, then bindi
• SRK bombarded with love
The Indian Express Sun Jul 30 2006
• We can give evidence on Pak role, India tells US
• 16 Indian workers die in Bahrain fire tragedy
• Delhi main transit point of narcotics: Centre
• OBC quota issue: PM in a ‘tight spot’
• 'Sachin, Big B on hitlist'
The Asian Age Sun Jul 30 2006
• Ex-ministers, officer charged
• CPI(M) politburo focus on nuke deal
• Lalu wants crowd-free rail platforms
• 8 tigers die in bombing
• Awesome twosome in World Record
BUSINESS STANDARD
Wkly Review: Sensex up 594pts, FIIs trigger rally
OBC quota issue: PM faces uphill task
Israeli air strikes kill dozens in south Lebanon
Have given India list of terror camps: Pak
SAIL to invest Rs 10,300 crore in West Bengal
16 Indians killed in Bahrain fire
Mittal still with Jharkhand: CM Arjun Munda
Jaswant Singh says `mole' revealed
Grasim Q1 consolidated net up 47%
Suzlon Q1 net zooms 222% to Rs 194cr
Bharat Forge plans Rs 350cr non-auto unit
Companies & Industry
Dhamra port closure by Sept `06
Texmaco to invest Rs 200cr in Bengal
SBI: Mixed show
Tata Elxsi, Finolex Cables, Cadila Health & Ipca Labs Q1 results
Economy & Policy
EU may move WTO on India wine imports
Chidabaram faces own MPs` ire on price rise
Aditi Phadnis: Who`s minding the home?
TCA Srinivasa-Raghavan: How to treat coloured people
Banking & Finance
T N Ninan: Tight money ahead
SBI: Mixed show
Re ends lower at 46.67/$
Oriental Bank net rises 116%
BUSINESS LINE
Corporate
VSNL net down 30.70 pc at Rs 88 cr in Q1
GMDC PAT down 43 pc
Dredging Corp net slips 37.65 pc
Nestle India Q2 net dips
Geojit Financial to split shares in 1:10 ratio
Murudeshwar Ceramics board recommends 20 pc
Aventis appoints Intime Spectrum as Registrar
Color Chips plans pref issue
AVT Natural announces 1:1 bonus, 50 pc dividend
Bharat Forge net up 5 pc
HM earmarks land at Uttarpara for IT, auto parks
APPM net at Rs 7.54 cr
Jessop net jumps to Rs 1.55 cr
Berger net up 10.60 pc
Novopan Ind to pay 21 pc
Century Plyboards declares 25 pc interim
Corporate Results
BPCL net loss increases to Rs 677.30 cr
Aditya Birla Nuvo net increases
TV18 Q1 net up 65 pc
MTNL Q1 net dips 17 pc at Rs 131.28 cr
Syngenta India Q2 net dips 21 pc at Rs 16.30 cr
Dalmia Cement net up four-fold
Asian Paints Q1 profit up 31 pc at Rs 58 cr
Areva Q2 net up at Rs 27 cr
Asian Electronics PAT spurts 148 pc in Q1
Finolex Cables Q1 net up 68 pc
Merck Q2 net at Rs 84.23 cr
SAIL reports higher PAT in April-June quarter
Petronet net profit jumps 43 pc in Q1
Ipca Lab Q1 net dips 6 pc at Rs 24.38 cr
United Phosphorus PAT declines to Rs 9.31 cr
Jammu & Kashmir Bank Q1 net up 29 pc
Tata Elxsi first quarter PAT up 55 pc
Matrix posts 15 pc higher Q1 net
EIH registers higher Q1 net
Cadila Healthcare profit edges up
JB Chemicals net marginally up
Wockhardt Q2 net dips 38 pc at Rs 49.5 cr
Book Closures/Dividends
Onward Tech book closure
LG Balakrishnan book closure from Aug 16
Elgi Finance's Book Closure begins from Sept 1
Precision Electronics fixes Aug 22 RD for bonus
Kamat Hotels board recommends 15 pc
Mysore Cements revises book closure date
Godrej Ind fixes RD for stock split
Nirma Q1 results on July 31
BEL Q1 results on July 31
Container Corporation fixes Book Closure
Sterling Biotech Q2 results on July 31
Zodiac Clothing fixes Book Closure
Manali Petrochemical fixes book closure
Balmer Lawrie Investments announces book closure
Markets
Derivative transactions: FIIs get nod for collateral arrangement
Commodities
Menthol slips on reduced offtake
Poppyseed declines
Almond up on fresh demand
Non-basmati rice up
Select edible oils decline
NCDEX to begin spot markets operations in WB, Rajasthan
Global News / Markets
ADRs/GDRs price
US markets jump
General
Kerala plans to give accreditation to select pvt hospitals
Chennai firm ties up with Israeli co for telemedicine
NEEPCO earns over Rs 200 cr profit in 2005-06 fiscal
Info-Tech
Mobile service congestions reach alarming levels, says TRAI
Infosys awaits WB Govt proposal for land
Anant Raj to develop IT park in Haryana
Lee & Nee Software board meets for results, merger plans
Banking & Finance
Corporation Bank net up 16.77 pc
Corporation Bank ties up with Instant Cash
CUB to pay dividend on Aug 18
IndusInd Bank Q1 net declines 80 pc
SUNDAY SPECIAL
Markets at a glance
Markets succumbed to the pressure of weak global markets, heavy FII sales, soaring crude prices and concerns over RBI's moves on interest rate hikes in the next week.
During the week, Sensex slipped 592.31 points or 5.5 per cent to settle at 10,085.91. Nifty lost 178.35 points or 5.7 per cent to end the week at 2945. FIIs and mutual funds have been net sellers to the tune of Rs 463.5 crore and Rs 101.94 crore respectively in the first four trading sessions
Market breadth was extremely negative with all the Sensex stocks, except Ranbaxy Laboratory (up by 5.6 per cent), ending in red. Reliance Industries proved to be the biggest drag on the Sensex with the stock losing 9.2 per cent thereby shaving off 119.9 points from the index.
ITC (down by 5.2 per cent), Reliance Communication (down by 11.5 per cent), Larsen & Toubro (down by 7.7 per cent) and HLL (down by 7.8 per cent) together took away 142.39 points from the index. Infosys Technologies (down by 2.9 per cent), HDFC (down by 6.04 per cent) and Tata Motors (down by 9.02 per cent) were some other losers.
All the sectoral indices ended the week in the negative territory. The biggest loser was the BSE Metal index (down by 8.62 per cent) led by Sterlite Industries (down by 17.5 per cent), Hindustan Zinc (down by 16.5 per cent), Jindal Saw (down by 12.05 per cent) and Hindalco (down by 9.95 per cent).
BSE Capital Goods index (down by 8.26 per cent), BSE Consumer Durable index (down by 8.01 per cent), BSE Oil & Gas index (down by 7.79 per cent) and BSE Auto index (down by 7.74 per cent) were other major losers.
The major indexes finished the week mixed amid a volatile session. The Dow Jones industrials ended the week up 1.76 per cent, to close at 10,928.10 and the MSCI World index gained 0.40 per cent, to close at 1279.85. The Nasdaq gained 0.10 per cent, to end at 2,039.42 points.
What to expect this week
Markets are expected to remain volatile ahead of the expiry of the July 2006 derivatives contracts, RBI's move on the interest rates in its monetary policy review on July 25 and FII flows.
Major players like ABB, Zee Telefilms, Tata Motors, Ultratech Cements, Maruti, Mahindra & Mahindra, SAIL and Dr. Reddy's Laboratories are also set to announce their Q1 results.
Stock to watch ERA CONSTRUCTIONS INDIA LTD
Last week's close (Rs) 179.25
Prev. week's close (Rs) 248.48
Week's high (Rs) 256.90
Week's low (Rs) 179.25
Last week's ave. daily turnover (Rs cr) 13.95
Prev. week's ave. daily turnover (Rs cr) 17.51
Number of up/down move 0/5
Citigroup Global Markets purchased 98.7 thousand shares (0.5 per cent stake) in mid-sized construction player Era Constructions India.
The company is engaged in diversified construction activities for airports, power projects, infrastructure, industrial complexes, multiplexes and residential buildings. It recently bagged Rs 48 crore track laying contract from Rail Vikas Nigam.
However the company has seen a decline of 28 per cent in its stock price in a week amid weak sentiments in the market especially mid cap stocks.
Stock of the week KOTAK MAHINDRA BANK
Last week's close (Rs) 261.7
Prev. week's close (Rs) 245.50
Week's high (Rs) 271.60
Week's low (Rs) 232.50
Last week's ave. daily turnover (Rs cr) 44.15
Prev. week's ave. daily turnover (Rs cr) 5.55
Number of up/down move 3/2
Kotak Mahindra Bank gained 6.6 per cent over the week to close at to Rs 261.70 on the back of strong Q1FY07 results. The consolidated total income and net profit of the bank grew by 70.5 per cent and 125 per cent y-o-y to to Rs 776.58 crore and Rs 104.43 crore respectively.
Last month, Kotak Mahindra Bank had raised $100 million through an issuance of GDRs to step up its exposure to retail, small and medium enterprises. The bank is also said to be eyeing Japan, Korea, Middle East, Singapore, New York, and London to set up banking operations.
:bigsmile:
Aries! About Your Sign...:SugarwareZ-191:
Aries
The spring equinox, March 21, is the beginning of the new zodiacal year and Aries, the first sign, is therefore that of new beginnings. The young ram is adventurous, ambitious, impulsive, enthusiastic and full of energy. The Arian is a pioneer both in thought and action, very open to new ideas and a lover of freedom. They welcome challenges and will not be diverted from their purpose except by their own impatience, which will surface if they don't get quick results.
Aries subjects are courageous leaders with a genuine concern for those they command, being responsible people, it is rare that they will use their subordinates to obtain their own objectives as leaders, but occasionally it does happen. They do not make very good followers because they are too "take charge". They may be unwilling to obey or submit to directions for which they can see no reason, or with which they disagree. They are much concerned with self, both positively and negatively - self-reliant but also self centered (sometimes) and concerned with their own personal advancement and physical satisfaction. Their immense energy makes them aggressive and restless, argumentative occasionally, headstrong, quick tempered, easily offended and capable of holding grudges if they feel themselves affronted.
As the first sign in the zodiac, you, as an Arian (as you are referred to), is to simply "get something started and lead the way". The Sun in this zodiac position gives your will free rein to express itself. You could be doing this in the form of some leadership role, or by forcing others to look at themselves in a new way. You can accomplish this by knowingly carrying out a deliberate act in the name of some cause that moves you. A negative effect of this sun sign is that you could sometimes unknowingly make it hard for others to relate to you, as you really are.
In your personal relationships Arians are frank, direct and candid, and make enthusiastic and generous friends. You are liable to have a high sex drive and make passionate but fastidious lovers. There is, however, a negative side to your associations with other people. You can easily be irritated by slowness or moderation in your companions and, though yourselves sensitive, ride roughshod over the sensitivities of others. The intensity of your sexual urges can drive you to promiscuity and a Don Juan-like counting of conquests of the opposite sex. It can also trick you into early unwise marriage which may end disastrously. Arians are highly devoted to their children, even to the point of laying down their own lives, so that they might live. You will not find a more defensive and loving parent in all the zodiac.
.. I visualise a full Mp e-paper in commin few days