HOT MARKET NEWS :* INFRA : Govt approves eight road projects worth Rs108bn in three states of Jammu & Kashmir, Karnataka and Haryana* BANKS : rpts Govt is considering a proposal to increase its stake in select PSU banks where it holds close to 51% stake as part of recapitalisation scheme* TATA STEEL : swaps $875mn worth bonds due to mature in 2012 by longer dated convertible bonds redeemable in 2014 giving it more time to pay bk its debt* ONGC : sub OVL get Govt nod to invest $70mn in its offshore oilfield in Brazil* PATNI COMPUTERS : rpts the promoters are demanding a 25% strategic premium over the mkt price for their 48% stake in the co  * HDFC : targets 20% loan disbursal growth in current financial year* L&T : to raise $65mn by selling 1/3rd stake in Satyam @ Rs 112.50/share* AUROBINDO PHARMA : gets approval from US FDA to market perindopril erbumine tabs which is generic version of Solvay's drug to treat high blood pressure* BAJAJ AUTO : a new growth strategy for 2010-2011 has production @ 300k units/ mth from FY11.. to also launch the new Pulsar & Discovery by end of FY10* GMR : Hyderabad Intl airport break even date pushed back by 6 yrs to 2020Corporate News – Industry trends* Infosys BPO, the business process outsourcing subsidiary of InfosysTechnologies, has signed an agreement to acquire US-basedprivately-held BPO services provider McCamish Systems for US$58 mn(BS)* A team from government owned Bharat Heavy Electricals Ltd visitedSingur along with state government officials for a possible project withthe West Bengal Power Development Corporation (BS)* The bad old days of waiting periods for cars seem to havereturned, with manufacturers reporting an unexpected surge in post-Diwali sales, forcing customers to wait a month to as much as fourmonths for almost all models from the Swift to the Honda City (BS)* Swiss bank UBS has been fined £8 mn in the UK after four of itssenior employees were found misusing funds of customers, includingtwo companies of the Anil Ambani group (BS)* Engineering giant L&T is selling one-third of its 6.9% stake inMahindra Satyam, formerly Satyam Computer Services. Thetransaction is expected to fetch Rs 3bn for the company, said bankingsources close to the development (BS)* Entertainment & Sports Direct, promoted by DAR Capital Group, aninvestment advisory and private equity company, has won the theatrerights to the Indian Premier League cricket tournament for the next 10years (2010-2019). It is to pay Rs 3300 mn for this (BS)* Tata Steel, the world’s eighth largest steel maker by output, hasapproved an exchange offer for an existing US$875 mn of securitiesinto foreign currency convertible bonds, in a move to reduce costs andease repayment. The move gives an option to extend the repaymentschedule by two years (BS)* THE Ruia family owned Essar Teleholdings has sealed a deal with theDhabi Group to buy a controlling stake in the UAE firm’s Africantelecom assets for an undisclosed amount, bolstering its presence inone of the world’s few remaining telecom hotspots (ET)* Patnis want 25% premium, GA game for 10%; Promoters’Demand For Rs 600 A Share Values Their 48% Stake At Around Rs3,700 Cr; Stake Sale Talks On (ET)* THE Cabinet Committee on Economic Affairs approved additionalinvestment by ONGC Videsh Limited, a wholly owned subsidiary of Oil& Natural Gas Corporation, for its offshore oilfield in Brazil (ET)* A committee headed by Mr Sam Pitroda, appointed by the Governmentto oversee the upcoming 3G auctions, is examining whether fourslots can be auctioned in all circles even if there is no spectrumavailable immediately (BL)*  Kirloskar Oil Engines announced its exit from six joint ventures byselling its entire holdings to Kirloskar Systems for Rs 2500 mn (BS)* Domestic air traffic continued its growth momentum in October andwitnessed a passenger growth of 25% to 4 mn from 3.2 mn during thesame period last year (BS)Economic/Regulatory development* Industrial output, as measured by the index of industrial production,grew by 9.12% in September, up from 6% in September 2008. It wasmariginally lower than the 10.4% in August this year (BS)* THE government has approved eight road projects, entailing anestimated cost of Rs 108.8bn. The Public Private Partnership AppraisalCommittee, chaired by finance secretary Ashok Chawla, has clearedmajor road projects in Jammu & Kashmir, Haryana and Karnataka (ET)* Doubling of potato prices and onions becoming costlier by 42.58%on an annual basis led to the food inflation climbing to 13.68% forthe week ended October 31, from 13.39% in the previous week (BL)International trends* Hewlett-Packard Co is making a move into the network equipmentmarket by striking a US$3.1 bn deal for 3Com Corp, in a majorchallenge to Cisco Systems Inc (BS)* General Electric Co will sell its security business to UnitedTechnologies Corp for US$1.82 bn, a deal that marks a step in thelargest US conglomerate’s portfolio streamlining (BS)Note: More intra-day opportunities will be providedlive during the market hoursFor More information Visit : http://www.insighttechnical.netEmail : contact@insighttechnical.netContact : +91 982222686We Insight Technical Provides indian share market tips,nifty option  trading,nifty option,intaday option trading,nifty option,nse market  tips,nse/bse stock tips,trading recommendations of indian stocks,indian share market,stock market recommendations by sms,pre-market analysis companyWe Insight Technical provides hot shares in bse,sharemarketindia,hot stocks bse,nse hot stocks,preferred stock recommendations,hot shares on bse,intraday stock recommendations,technicals of share market,mcxtip,indian stock advisory,nifty stock recomendations,stock trading franchise india,stock market trend history,bse option calculator,hot stocks in indian share market,hot tips bse market free sms,indianstockcharts,hot indian stocks,hot intraday tips nse,hot intraday tips nse bse,indian stock recommendation for intraday,nifty stock recommendations,technical share market,technicals of indian stocks,gold intraday tips,mcx broker tips,hot stock in nse,hot stocks in bse,indian technicals,intraday option trading tips,nri intraday trading,nse intraday recommendations,option calculator nse,share market recommendations,stock market consultant,ncdex tips86