March 29, 2009

हर महीने सात अमेरिकी बैंक धराशाई

Mar 29, 02:01 pm न्यूयार्क। वैश्विक वित्तीय संकट के मद्देनजर हर महीने औसतन सात अमेरिकी बैंक धराशाई हो रहे हैं। वर्ष 2009 में इस साल अब तक 21 बैंक बंद हो चुके हैं। साल के पहले तीन महीनों में 21 बैंकों को बंद किया जा चुका है जबकि 2008 में पूरे साल के दौरान कुल 25 बैंक बंद हुए। यदि सिर्फ 2009 और 2008 के आंकड़े को ही देखा जाए तो 46 ऋणदाता बैंक धराशाई हुए हैं और यह संख्या पिछले नौ साल में बंद हुए बैंकों की तादाद की आधी है। फेडरल डिपाजिट इश्योरेंस कार्पोरेशन के मुताबिक एक अक्तूबर 2000 से अब तक 73 बैंक बंद हो चुके हैं। इस कड़ी में सबसे ताजा नाम जार्जिया स्थिति ओम्नी नैशनल बैंक है जिससे इस साल मार्च में बंद होने वाले बैंकों की तादाद बढ़कर पांच हो जाएगी।

March 28, 2009

IL&FS Financial Services acquires 14.5 per cent in Maytas Infra

28 March 2009 IL&FS Financial Services has acquired 14.5 per cent stake in Maytas Infra, the infrastructure and realty outfit promoted by the kin of former Satyam chairman B Ramalinga Raju, through invocation of pledge of shares and off-market transactions, Maytas said in separate stock market filings. IL&FS Financial services has acquired 56.53 lakh shares, representing 9.61 per cent stake in the company following invocation of pledge, Maytas Infra informed the Bombay Stock Exchange in a filing. IL&FS also acquired 28,79,999 shares, representing 4.89 per cent stake in the company, through off-market transfer from Investsmart Financial Services Ltd, on 26 March, Maytas Infra said in another filing with the National Stock Exchange. The transactions have taken IL&FS Fin Serv's total holding in Maytas Infra to 14.5 per cent, the statement added. Other stakeholders of Maytas Infra include Sicom Ltd, which held 6.97 per cent stake in the company as of 31 December and Citigroup Global Markets (Mauritius) which held 1.70 per cent stake in Maytas Infra. Promoted by the Central Bank of India (CBI), Housing Development Finance Corporation Limited (HDFC) and Unit Trust of India (UTI), IL&FS Financial Service is one of India's leading infrastructure development and finance companies.

March 25, 2009

NSE switching to a फ्री फ्लोअट मार्केट केपिटलाईज़ेशन

The National Stock Exchange (NSE) on Tuesday said it was switching to a free float market capitalisation methodology for calculating the value of the S&P CNX Nifty against the full market capitalisation weighted methodology previously. What this means is that the weightage of a stock in the Nifty will be proportional to the public shareholding (non-promoter holding) in that company. Till now, the weightage was proportional to the market capitalisation of the company. So, a company with low public shareholding, but high market capitalisation would have a higher weightage. The new formula will come into effect from June 26 this year, and will reduce the weightage of stocks like ONGC and NTPC, where public shareholding is low. BSE uses the free float market capitalisation methodology for computing the value of its flagship benchmark, the 30-share Sensex. Due to the different formulae for calculating the Nifty and Sensex indices, there is a huge disparity in the weightages of some of the stocks. Because of a higher proportion of public shareholding, Infosys has the second-highest weightage in the Sensex at 9.5% while it comes at number five in the Nifty, with a weightage of 4.13. Similarly, ONGC with a high market capitalisation, but low public shareholding, has the second-highest weightage in the Nifty at 9.1%, while it ranks eighth in the Sensex. NSE release said there would be no change to the index values on the date of transition due to the change in the methodology. The index division will be suitably adjusted to ensure continuity in index values. Based on Tuesday’s closing prices, Reliance will retain its top position among index heavyweights, even under the free float methodology. Infosys will have the second-largest weightage, replacing ONGC, while ITC will be the third largest, replacing NTPC. NSE said categories like government holding in capacity of strategic investor, shares held by promotes through ADR/GDRs, strategic stakes by corporate bodies, investment under FDI category and cross-holdings among others would be excluded from the free float factor where identifiable separately.

March 19, 2009

स्टॉक खबर

• Mercator Lines took delivery of a jack up rig from Keppel’s of Singapore for Rs 1000 crore. • GMR group-promoted Rajiv Gandhi International Airport (RGIA) near Hyderabad, which completes one year of operations on March 22, has charted out a strategy to consolidate its business and establish an international transshipment cargo hub. • Mahindra & Mahindra is assessing plans to enter into the manufacture of small aircraft, but will concentrate on naval and land systems currently. • Satyam Board To Review Bids Friday Or Saturday – Report • Tata Communications said it will manage the Indian side of an undersea cable network connecting Africa. The Tata group company's Neotel (Pty) Ltd. unit will manage the network's landing point in South Africa, it said in a statement. Another unit, Tata Communications Transformation Services Ltd., will administer, operate and maintain the entire cable system, it added. • Nelco bagged an Rs 41.6 crore communication infrastructure order from ONGC. Tatanet, a division of Nelco, has been awarded the order to enhance voice and data communication between offshore sites (ONGC’s western offshore site) and base offices (base station in Mumbai). • Hyundai Steel To Supply 100,000 Tons Coil To Welspun For 1 Year. • Reliance Industries and Essar Oil are keen on buying crude oil from Cairn India's Rajasthan fields even as the Petroleum Ministry struggles to find takers of the nation's most prolific oil discovery among public sector firms.