Monday, September 29, 2008
Stock tips
Stock investing ideas from stockinvest.in
| ICICI securities recommends Info Edge | ||
| ICICI Securities has recommneded Info Egde India with a price target of Rs 775 ..[more detail] | ||
| EMKAY global puts a buy on NIIT | ||
| According to Emkay Global Financial Services NIIT has a price target of Rs 132 ..[more detail] | ||
| Kotak recommends Ranbaxy | ||
| Kotak Securities has recommended a price target of Rs 423 on Ranbaxy despite the US FDA warning ..[more detail] | ||
Indian Economy to Boom by 2020-A Report
The following is a special report on a new and unique household wealth index, prepared by Barclays Wealth and the Economist Intelligence Unit (EIU), which predicts how the global distribution of household wealth will change over the next ten years across 50 countries. The report, the first of its kind, clearly shows the gap closing between the established economic superpowers and the rising stars among the developing nations.
India
In less than two decades, India has been transformed from a slow-growing agrarian country into one of the world’s most dynamic economies.
Read the complete story at stockinvest.in
India
In less than two decades, India has been transformed from a slow-growing agrarian country into one of the world’s most dynamic economies.
Read the complete story at stockinvest.in
SEBI Circulars 29 September, 2008
Latest SEBI circulars, notices and announcements from stockinvest.in
PR No.193/2008
Order against New Age Shares and Stock Brokers Pvt. Ltd., Universal Media Network Ltd., Shri Sanjeev Bansal, Shri Ashok Agarwal and Shri Pramod Jain in the matter of SRG Infotech Ltd. Dr. T.C.Nair, Whole Time Member, SEBI, has passed an order dated September 23, 2008 against New Age Shares and Stock Brokers Pvt. Ltd. [NASSB]; Universal Media Network Ltd. [UMNL]; Shri Sanjeev Bansal & Shri Pramod Jain, Directors of UMNL; and Shri Ashok Agarwal, Director of NASSB, in the matter of SRG Infotech Ltd. It was observed that NASSB, UMNL alongwith its directors Shri Sanjeev Bansal and Shri Pramod Jain had indulged in acts intended to create false or misleading appearance of trading in the shares of SRG Infotech Ltd. NASSB and UMNL have been directed not to access the capital market and deal in securities for a period of six months from the date of passing of the order. Shri Sanjeev Bansal and Shri Pramod Jain have been directed not to deal in securities for a period of one year and six months, respectively, from the date of passing of the order. Shri Ashok Agarwal was not a director of NASSB during the relevant period of occurrence of price manipulation in the scrip, hence no direction has been issued against him. The order comes into force with immediate effect. The full text of the order is available on the website: www.sebi.gov.in Mumbai September 25, 2008
Source: SEBI Date: 2008-09-29
PR No.192/2008
Consent Order in the matter of MSK Projects (India) Limited A Panel consisting of Dr. T. C. Nair, Whole Time Member, SEBI and Shri M. S. Sahoo, Whole Time Member, SEBI has passed a consent order dated September 22, 2008 on the application submitted by MSK Projects (India) Limited for non compliance of Regulation 8(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, for the year 2005, in accordance with SEBI Circular on consent orders dated April 20, 2007. The applicants have remitted a sum of Rs.50,000/- (Rupees fifty thousand only) towards settlement charges, in the matter. The full text of the order is available on the website: www.sebi.gov.in Mumbai September 24, 2008
Source: SEBI Date: 2008-09-29
PR No.190/2008
Order against Mrs. Ashadevi Beriwala in the matter of Jagsonpal Pharmaceuticals Ltd. Dr. T.C.Nair, Whole Time Member, SEBI, has passed an order dated September 23, 2008 restraining Mrs. Ashadevi Beriwala from buying, selling or dealing with securities for a period of one month. It was observed that Mrs. Ashadevi Beriwala had artificially created a market in the shares of Jagsonpal. She had misused the stock exchange mechanism to tide over the financial commitments of the Tropical / CFL group by executing, financing transactions through the stock exchange making it to appear as genuine trade transactions and thus created artificial volume in the scrip, thereby violating SEBI Regulations. The order comes into force with immediate effect. The full text of the order is available on the website: www.sebi.gov.in Mumbai September 24, 2008
Source: SEBI Date: 2008-09-29
PR No.191/2008
Order against Shri Jignesh Kantilal Shah in the matter of M/s. Priyans Saree Industries Ltd. Dr. T.C.Nair, Whole Time Member, SEBI, has passed an order dated September 22, 2008 restraining Shri Jignesh Kantilal Shah from accessing the securities market and also prohibiting him from buying, selling or otherwise dealing or associating with the securities market for a period of one month for violating SEBI Regulations. The order comes into force with immediate effect. The full text of the order is available on the website: www.sebi.gov.in Mumbai September 24, 2008
Source: SEBI Date: 2008-09-29
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