FINANCIALS ( Jan 5,2007)

· Aditya Birla group to take over Trinethra

The Aditya Birla group is set to start its retail play through a takeover of Andrapradesh based Trinetra Super Retail Ltd which runs a chain of over100 food and grocery stores in South India. Sources close to the talks between the two entities confirmed the deal, but would not elaborate on the financial details.

· Equity market greet New Year in style

Strong auto sales numbers a domestic institutional buying handed out a 155 point Mew Year bonus to traders. The BSE 30 sensex gained 1.13% or 155.33 points to end at 13,942.24. It follows two consecutive loss-making sessions during the last week of 2006.

· States to earn Rs.40,000 cr from liquor, lotteries.

Call it a promotion of vice or otherwise. Either way, liquor and lotteries are habbits that not only less-resolute mortals, but even cash-strapped State Governments would find difficult to kick without.

· DLF to raise Rs.12250 cr.

With the biggest IPO to hit the domestic bourses, the Delhi based real estate player DLF will raise Rs.12250 cr through its public issue, following the filling of its draft red herring prospectus on Wednesday.

· Sensex closes above 14,000.

The BSE-30 sensex settled above the 14000-mark at 14,014.92 before touching an all time intra-day high at 14.035.67. The sensex gained 72.68 points or 0.52% at the close of trading.

· Inflation rises to 5.45% on costlier minerals.

The annual WPI-based inflation rose 5.45% during the weekend. This was mainly due to the rise of prices of minerals of manufactured products.

· Manufacturing, services fuel 9.2% growth in Q2.

India registered the highest first-half GDP growth since 1991-’92 due to the robust performance from manufacturing and service sectors.

· Nifty breaches 40,000 mark intra-day.

Strong FII inflows and significant rollovers of future contracts spured the NSE Nifty to breach 4,000 mark intra-day at 4,oo1.3 before winding down to close at 3,997.60 up 1.09% from Thursday’s close.