Scores of institutions show interest in Hughes Tele.com IPO
Hughes Tele.com IPO, which is open for bids, is generating lot of interest among institutional investors. According to merchant banking sources, a number of institutional investors have committed to subscribe to the issue and some have already put in multiple application at different prices.

Tips Industries banks on music rights acquisition, regional
In order to see its IPO through at a floor price of Rs 325, Rs 115-crore Tips Industries is banking on its strategy of aggressive music rights acquisition, spreading wings into regional language and existing strength of music rights.

Sensex likely to face resistance at 4500 points
Thanks to Infosys, the Sensex managed to show a smart improvement of 66 points. After a firm start, Infosys hit the upper circuit of 8% in the first two hour of trading, and was up nearly 7% at the close.


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  Hero Honda is good for the short-term