Tuesday, June 17, 2008

17-Jun-08 Report

17-June-08
Intraday Report Card



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Reliance Industries Ltd.

Reliance Industries Ltd., India’s biggest company, is increasing crude oil imports from Saudi Arabia as it seeks to secure supplies because of rising demand for fuels in India and the rest of Asia. Reliance, based in Mumbai, is boosting purchases by at least 90,000 barrels a day, accounting for 30 percent of Saudi Arabia’s output increase of 300,000 barrel

Unitech

Unitech bags $700 mn Lehman investment

Advance Tax Figures

Advance Tax Figures: ICICI Bank has paid Rs 340 crore Vs Rs 250 crore a year ago
SBI has paid Rs 663 crore Vs Rs 503 crore a year ago
IDBI Bank has paid mere Rs 10 crore Vs Rs 7 crore a year ago
Reliance Industries paid Rs 340 cr Vs 295 cr a year ago
Bajaj Auto paid Rs 50 cr Vs Rs 60 cr a year ago
HDFC's Advance Tax shot up by 40% to Rs 140 cr Vs Rs 95 cr
Tata Motors paid Rs 30 cr and Ambuja Cement Rs 100 cr
SAIL paid an Advanced Tax of Rs 457 crore against Rs 454 crore year ago

Ipca - Ranbaxy

Ipca - Ranbaxy alliance receive U.S.FDA marketing approval for Metoclopramide Tablets

MCX Calls

GOLD SELL BELOW 12275 CMP 12300
SILVER SELL BELOW 24223 CMP 24301
CRUDE SELL BELOW 5759 CMP 5791

ReList 20-Jun

White Diamond Industries Ltd (Scrip Code: 513713) & Mid India Industries Ltd (Scrip Code: 500277) to Relist on BSE on 20.06.2008.

HFCL

himachal futuristic ..@19.40 will touch 30 within 1 month

Ultratech Cement Ltd

Ultratech Cement Ltd has informed BSE that books of Company will remain closed from July 11, 2008 to July 18, 2008 (both days inclusive) for the purpose of payment of dividend & Annual General Meeting (AGM) of the Company to be held on July 18, 2008.

Advanced Tax Numbers

Advance tax Numbers Announced HDFC LTD 40% rise to Rs.140 crores SBI 32% rise to Rs 663 crores ICICI Bank 38% rise to Rs. 340 crores IDBI 43% rise to Rs. 10 crores Reliance Industries 15% Bajaj Auto down by 17% to Rs.50 crores

17-Jun-08 News

News
17-Jun-08

Headlines for the day

Corporate News Headline

Reliance Industries is planning to borrow USD 1 bn to fund its expansion projects. (Bloomberg)
Tata
Steel and Rawmet Ferrous Industries entered into an agreement with
Jasper Industries for a Rs. 6.75 bn coal-based power project. (BS)
JSW
Steel formed a joint venture in Georgia to make roads to meet rising
demand for construction steel in Eastern Europe. (Bloomberg)

Economic and Political Headline
The
Finance Minister asked bankers to shed their "conservative" attitude
towards lending to entrepreneurs as he announced a commitment to pump
in nearly Rs. 10 bn additional fund to an initiative to promote the SME
sector. (ET)
On
the issue of tax cut on petro products, the states government asked the
Centre to share 50% of Rs. 80 bn revenue loss caused by tax and duty
reduction on fuels. (ET)
The
annual inflation in the euro zone rose to a high of 3.7% in May due to
a continious increases in food, fuel, and housing prices. (WSJ)

SPOT/open GOLD-882.90 SILVER-17.12 CRUDE-133.97 NOW:- GOLD-884.00 SILVER-17 .14 CRUDE-134.28

Results Today

Results Today: BPCL, Bilpower, Cambridge Solutions, Chettinad Cement, IRB Infra, Jumbo Bag, Sical Logistics, Sri Digvijay Cement, Tantia Constructions, Tata Communications, Wire & Wireless and Zee News.

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