Investors face Rs 188cr loss in 5 bank IPOs
Investors in the public issues of five banks are facing a loss of over Rs 180 crore. Thousands of investors who had invested Rs 406 crore in these five banks find their investments reduced to Rs 218 crore today.

Maharashtra Krishna Valley floats SLR bond issue
The Maharashtra Krishna Valley Development Corporation (MKVDC) has become the first state undertaking in the state to float an SLR bond worth Rs 350 crore carrying a coupon of 14.35%.

Tighter rating norms drive firms away from commercial paper
Corporate reliance on commercial papers (CPs) and non-convertible debentures (NCDs) for working capital financing may be on the way out. The number of placement queries on short-term debentures are reducing markedly.

  Commodity Briefing
  India Excel declared best performing fund in Canada
  Crisil lowers ITC Bhadrachalam debenture rating to double-B
  Euro may see US lose status as India's chief trade ally
  Market Round-Up
  Morgan, Schroders sales come under SEBI microscope
  Banks commit Rs 1,000 crore subscription to US-64
  US-64 sees fresh inflows worth Rs 600 cr
  Sensex rebounds on shortcovering
  Institutional, bank stocks back in favour
  ICICI cuts coupon on its latest bond offering by 25 basis points
  Morgan Stanley Growth Fund counter sees huge volumes
  RIICO plans to offload holdings in companies
  Vikas WSP scrip spurts 82% on high earnings forecast
  Asian stock markets fall on profit taking
  Sensex may touch 2,935 points
  Castorseed bounces back; precious metals decline
  BHEL
  Market Briefing
  Financial Briefing
  Circuit-breaker