Monday, May 21, 2007

NTN(SI) 22 may 2007

Mint 22 May 2007

M1
Sensex 14418.6 +0.81%
Nifty 4260.9 +1.10 It surpassed its high set on 7 February.

Page 1
Interesting Mint Indicator
Q4 results up to 21 May 2007
Results announced 1,753 cos out of 3,650
Aggregate net sales Rs.3,46,485 cr growth of +23.73%
Agg. Net profits Rs 41,143.39 cr

Page 6
GAIL to expand network, targets Rs 45,100 cr revenue by 2011.
the blueprint of the company aims at doubling Gail's pipeline network to 11,195km by 2011 by building new pipelines to connect the nation's LNG import erminals on the west coast and laying new lines to consumption centre in north and east. It also calls for tying up new gas supply sources to triple volumes to 291 million standard cubic metres per day by 2011.

Page 15
Chinese Government agreed to buy a $3 billion (Rs 12,300 cr) stake in New York bsed buyout firm Blackstone Group LP, the first step in a plan aimed at diversifying its overseas investments.

Sunday, May 20, 2007

NTN(SI) 21 May 2007

The Economic Times
19 May 2007
Gold slips to 6-monthlow at Rs 8,755.

Sensex 14303.41 +3.70 points 3 year high low 14723.88/4613.94
Nifty 4214.50 -5.05 points 3 year hihg low 4245.30/1437.90

The Economic Times
21 May 2007

page 17
The $i trillion excess liquidity tide by Chetan Ahya, Morgan Stanley

page 23

Extreme invseting: Inside Colombia

Mint 21 May 2007

page Banks face big hit from pension costs, if the new accounting norm that mandates all indian firms must calculate the retirement benefits of their employees, in accordance with international practice come into effect.

Friday, May 18, 2007

News to Note (NTNSI)

Mint 16 May 2007

M1 Sensex 13929.33 -0.26%

page 9
Tarapore warns of economy overheating.He said: "If we allow a further accleration of growth, a sharp and deep recession is inevitable." He also said "the economy is presently close to the upper turning point of the cycle andit banks are overextended, thye will inevitably face large NPAs." He added "RBI should take mutually reinforcing measures to cool the economy."

Page 14
ICICI bank seeks Sebi approval to sell
rs.17,500 crore of shares. the offer may go up to Rs20,100 crore depending upon demand.

page 15
JP Morgan says investors should buy India's bonds because inflation will slow and rising bank deposits will mean more money will flow into debt securities due to SLR investments.

Mint 17 May 2007

M1
Sensex 14127.31 +1.42%
Nifty 4170.95 +1.23%

Page 5
5-year projection KPMG pegs investment needs of energy sector at $150 billion/Rs615,000 crore by 2012. With target growth rate of over 8% and an estimated energy elasticity of 0.80, the energy requirements of the country are expected to growth at over 6.4% per annum over the medium to long term.

Page 16
Rupee closes at nine-year high - Rs.40.8025

Page 19
Alan Greenspan has signed up Allianz Ag's Pacific Investment Managment Company as his first client.Bond king Bill Gross is with Pacific.

Mint 18 May 2007

Sensex 14299.71 +1.22% +172 points
Nifty 4219.55 +1.17%

Page 1
Bajaj Auto to split into three.

page 3
Tata Steel nets record Q4 profit on higher prices.

Page 14
quantitative research takes stock advice to a new level
MAPE ADMISI Securities, a part of MAPE group is the second brokerage firm t offer stock advice, based on quantitative research. Edelweiss securities is the other Mumbai based firm that has had a quantitative research team in place for last three years.

Mahesh Bhagwat, head of equities at MAPE ADMISI Securities. JV with London arm of a commodity brokerage, Archer Daniel Midland Investor Services Inc.

Sunil Jain, the analyst for alternative and quantitative research at Edelweiss.

Saturday, May 12, 2007

The New Blog

I created this new blog today to carry on my writing on security investment. In my earlier blog, www.kvssnrao.blogspot.com I posted on marathon running, investments and now I am posting on industrial engineering. I want to keep separate blogs for these subjects and this blog is my attempt in this regard.