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Allcargo Global to raise Rs 101 cr via debenture issue
Allcargo Global Logistics today said it will raise Rs 100.97 crore by issuing debentures to Black Entities (Investors) on preferential basis.

Markets sign off in style
The markets ended the last day on a high note. Erasing the previous day"s losses and shrugging off the spike in food inflation, the Sensex gained 120 points to end at 17,464 and the Nifty conquered the 5200 barrier to close at 5208, higher by 39 points. Power, consumer goods and energy stocks powered the indices.

News of the day

Rate sensitives' dismiss markets
Aggressive selling in rate sensitive stocks, couple of days ahead of the RBI policy review, saw the markets tank heavily. The RBI is scheduled to review its monetary policy on January 29. Markets fear hike of Cash Reserve Ratio (CRR), which in turn could affect these sectors.
Corporate

FII-TO-FII TRADES: PNB traded at 6% premium

Trades between FIIs generated a volume of Rs 107 crore on the BSE Friday-an increase of 39.82% from Rs 77 crore clocked on Thursday. As many as seven stocks witnessed trades of 20 lakh shares on Friday. - Aban Offshore opens bids for Rs 1,000-cr QIP issue - More cos should go for listing: Corp Affairs Secy - Sensex ends up 153pts - Ranbaxy pares early gains, ends flat - Mahindra Satyam down 7% on L&T"s stake sale - Ramsarup Ind signs power purchase agreement Punjab National Bank was traded at highest premium of 5.72% on BSE with 2.97 lakh shares changing hands at Rs 960.20 as against the spot price of Rs 908.25. Union Bank of India was traded at second highest premium of 2.09% on BSE with 1.58 lakh shares changing hands at Rs 268.50 as against the spot price of Rs 263.


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