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Welcome to Free Tips Forever! Free Tips on your mobile phone by sms. We offer you free stock / share / futures and options (F and O) tips and guidance for intra day trading and investment on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) in India.

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Business News
Sebi authorises mobile trades
Gives the green signal to smart order routing.

Sebi differs with Achuthan view on 100% open offer
India Inc may be in for some good news on the mergers and acquisitions front. The Securities and Exchange Board of India (Sebi) is not in favour of a 100 per cent open offer requirement prescribed by an advisory panel last month.

Sebi wants listing of all mutual fund schemes
Transactions in mutual fund schemes could soon become as easy as those in stocks. Securities and Exchange Board of India (Sebi) is planning to make listing of all schemes mandatory. These will include all debt, equity, open-ended and close-ended schemes.

First micro-finance IPO makes millionaires out of employees
K Nirmala, 31, will prepay her home loan shortly, courtesy the stock she held in SKS Microfinance her employer for 13 years. Nirmala, now a senior lead manager (training) in Indias largest micro-finance institution, sold 1,500 shares for Rs 17.38 lakh.

Indices on a roll, but blips seen
Indian equity benchmarks continued their rally on Thursday, with the National Stock Exchanges Nifty crossing the 5,500-mark during trading hours, after two-and-a-half years. The index closed the day at 5,540, a shade below its intra-day peak.

Sebi may double limit for retail investors
In a move that will certainly be welcomed by the investment banking and broking community, Securities and Exchange Board of India (Sebi) has proposed to increase the investment limit for retail investors in public issues. In a discussion paper released on Wednesday, the market regulator said the limit could be enhanced to Rs 2 lakh from the current cap of Rs1 lakh.

MCX-SX had a special deal for some investors
The promoters of MCX Stock Exchange (MCX-SX) had entered into a special arrangement with some banks and financial institutions that are investors in the stock exchange, assuring them a fixed return for a specified period.

High Court asks Sebi to decide on MCX-SX plea by Sept 30
The Bombay High Court on Tuesday gave the Securities and Exchange Board of India (Sebi) time until September 30 to arrive at a final decision on the application of MCX Stock Exchange (MCX-SX) for launching new segments, including equity.

Slowdown in China cools global commodity prices
Global commodity prices have begun to soften as Chinas economic juggernaut slows. The prices of steel, zinc and aluminium have fallen in the past three months. Chinas manufacturing sector growth rate has dropped to February 2009 levels, when global markets had just bottomed out after the Lehman impact. While absolute price levels still remain above the year-ago levels, the softening of commodity prices is expected to impact Indian companies in coming quarters.

Early closure of QIBs set to become norm
Taking a cue from the successful experience of Engineers India and SKS Microfinance, both public and private sector issuers are likely to close the bidding for qualified institutional buyers (QIBs) a day earlier in public issues. This will give retail investors a clear idea about the demand for their offers among institutional investors. The growing retail investment numbers are fuelling the positive sentiment.

Free Tips Forever offers you free stock / share / futures and options (FnO) tips and guidance on your mobile phone by sms for intra day trading and investment on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) in India. BSE Tips and NSE Tips

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Free Tips Forever offers you free stock / share / futures and options (F and O) tips and guidance on your mobile phone by sms for intra day trading and investment on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) in India.