Expect PSUs to have QIPs and FPOs: Pashupati Advani http://economictimes.indiatimes.com/markets/stocks/views/recommendations/expect-psus-to-have-qips-andfpos-pashupati-advani/articleshow/26965960.

cms The PSUs are going to have QIPs and FPOs. Hence, this is just going to be dilutive. The front line ones will be the ones to move if the market moves up and they are going to be the drivers. However, at the next level, they are going to get money from the government and the problems are not over yet. Cipla acquires Croatia-based Celeris http://indiatoday.intoday.in/story/cipla-acquires-croatia-based-celeris/1/328145.html Pharma major Cipla on Thursday(Dec 5), informed the Bombay Stock Exchange (BSE) that Cipla Holding B.V., a wholly owned subsidiary of the company, had acquired 100 per cent stake in Celeris d.o.o., in Croatia. Celeris d.o.o. is the distributor of Cipla products in Croatia. This is being seen by analysts as a further step Cipla to have a front-end presence in some overseas markets. But Croatia is a relatively small market for Cipla. In markets such as the UK and Germany it would be directly tendering for business instead of going through a partner. Delisting may prove uphill task for DIC India http://www.thehindubusinessline.com/todays-paper/tp-markets/delisting-may-prove-uphill-task-for-dicindia/article5431805.ece DIC (formerly Dainippon Ink and Chemicals) Corporation of Japan may face difficulty in delisting the stock of its Indian subsidiary DIC India on its terms.The proposed offer from its Singapore-based investment arm DIC Asia Pacific Pte Ltd is likely to be done through the reverse book-building process. DIC Asia Pacific holds 71.75 per cent stake in the company; the rest is held by dispersed retail investors. In the 28.25 per cent public shareholder category, only two individuals hold a little over 2 per cent each. Since the announcement of the intention of delisting by the overseas promoters on November 22, the stock price has started rising and is currently hovering at Rs 358 a share. RBI hits the jackpot with dollar deposit scheme http://www.thehindubusinessline.com/todays-paper/rbi-hits-the-jackpot-with-dollar-depositscheme/article5431774.ece The Reserve Bank of India (RBI)s out-of-the-box move to woo dollar deposits by protecting banks from currency risks has been a big hit. Banks have managed to mobilise $34 billion in foreign currency deposits since the special swap scheme was flagged off in September. This is much higher than the sums raised by the Resurgent India Bonds (RIBs) of 1998 ($4.2 billion) and the India Millennium Bonds ($5.5 billion). The inflows have given the rupee a much-needed breather from its steady slide over the past year. South Africa mourns Mandela, will bury him on December 15 http://in.reuters.com/news/top-news South Africans united in mourning for Nelson Mandela on Friday, but while some celebrated his remarkable life with dance and song, others fretted that the anti-apartheid hero's death would leave the nation vulnerable again to racial and social tensions. President Jacob Zuma said Mandela would be buried on December 15 at his ancestral home of Qunu in the Eastern Cape province. On Friday, the country's 52 million people absorbed the news that the statesman, a global symbol of reconciliation and peaceful co-existence, had departed forever.