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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Senor VS who wrote (3530)	1/22/1999 11:59:00 AM
From: Mohan Marette	Read Replies (1) \| Respond to of 12475

India-Hot stocks. Ravi: Just for your information. Tata Infotech, Tata Elxsi are latest hot picks Our Mumbai Bureau -------------------------------------------------------------------------------- 21 JANUARY Add perceived business synergies to an infotech company, undoubtedly the flavour of the year, and you have winner of a company on your hands. At least, that's what punters on Dalal Street think everytime they see Tata Infotech and Tata Elxsi. The grapevine has, for sometime now, been abuzz with talk that the Tatas may consider merging Tata Elxsi into Tata Infotech. Another variant of this rumour is a three-way merger of Tata Infotech, Tata Elxsi and Nelco. The share prices of both Tata Elxsi and Nelco have skyrocketed since December 1 last year. So has their market capitalisation. The Tata Elxsi scrip has doubled from Rs 51 to Rs 102 today; its market cap from Rs 160 crore to nearly Rs 300 crore. The Nelco scrip too has doubled, from Rs 10 to Rs 26, even as its market capitalisation has shot up to Rs 60 crore from Rs 23 crore. A Tata group spokersperson, ruled out the merger. When queried about the share price movement, she said: "We do not wish to comment. There is no synergy whatsoever between the businesses," she added.

To: Senor VS who wrote (3530)	1/23/1999 1:15:00 PM
From: Mohan Marette	Respond to of 12475

Online investing in India-state of affairs. Ravi: Here is an article about online investing in India.Obviously we will have to wait a bit longer to get full online trading there but the foundations are being laid right now. Oh BTW Dutt Stock Broking is mentioned in the article. =============== ONLINE TRADING Where's the Broker From stock quotes to market analyses, the Indian Web sites are a window to the country's bourses. But bulls and bears will have to wait for the Government nod before they wrestle it out on the virtual ring........ Similarly, Dutt Stock Broking Ltd aims at eliminating the need to visit a broker's office. It allows you to open an account, trade, buy investment products, obtain account information, check your orders daily by just a few clicks. But how does one open an account? Submit an online account opening form, send a draft and place your orders on the Order Placement Screen on their Web site or via E-mail..... india-today.com Capital Market-Another investment tool,the company is based in Chennai. capitalmarket.com