Indian Stock Picks - Share Ideas , News, Fundamentals

Despite Corus, RIL group overtakes Tata in market cap (Business Standard 1st Jan 2008) TOP 10 GROUPS BY MARKET CAP Group Promoters Flagship Market capitalistion (Rs crore) Dec 29,06 Dec 31,07 Change % chg Reliance Mukesh Ambani Reliance Ind 213,789 522,549 308,760 144.42 Tata Tata trust TCS 247,184 320,125 72,941 29.51 ADAG Anil Ambani* Reliance Comm 129,865 303,743 173,878 133.89 Bharti Enterprises Sunil Mittal Bharti Airtel 119,346 188,750 69,404 58.15 DLF Singh DLF NA 183,066 NA NA A V Birla Kumar Mangalam Birla** Grasim Ind 72,907 128,561 55,654 76.33 Vedanta Anil Agarwal Sterlite 75,720 112,208 36,488 48.19 O P Jindal Smt Savitri Jindal Jindal Steel 18,078 83,216 65,138 360.31 Adani Gautam Adani** Mundra Port 26,972 79,150 52,178 193.45 Wipro Anil Premji Wipro 88,287 77,394 -10,893 -12.34 * Market cap adjusted for increase in equity capital ** including newly-listed companies More

Tata would like to retire after low cost car launch (Live mint.com 31st Dec 2007) Tata Group head, Ratan Tata, feels that after the successful launch of his dream project -- the Rs one-lakh car-- will ideally be the nice time for him to retire from active business life, reported Financial Times. “In an ideal world, after the small car has been launched and is successful, that would be a nice time for me to exit,” the newspaper quoted Tata as saying. Tata Motors, the automotive arm of the over Rs three- trillion market value group, is scheduled to unveil the vehicle, touted as the world’s cheapest mass-produced car, on 10 January at an auto expo in New Delhi. Rival car makers are, however, not convinced about the safety and emission standards of the car, coming as it is at that price level More