Rs 6500 cr diwali gift for Indian railways employees

The 6th Pay Commission report which has come as a Diwali gift for more than 10 lakh workers in Railways, It will cost around Rs 6,500 crore in the current financial year. In this Rs 6,500, Rs 5,000 crore has already been finalised in the current Railway Budget, "We have to make provision for an additional Rs 1,500 crore to meet the requirement," a senior Railway Ministry official said here.To balance this extra expenses the Indian railways planning to increase its revenue and going to take some cost cutting plans.


Nasscomm said " obama's stance in outsourcing won't affect india"

"We are not sure whether he had meant outsourcing in the software sector or the manufacturing sector. But I don't think the software exports will be affected or slow down...

Such decisions (to outsource) are determined by economic considerations by (US) companies and they will find a way to remain competitive. Outsourcing is one of those ways," Nasscom President Som Mittal told PTI when asked if Obama's comment is targeted at software services exports from countries like India.

India's software exports led by companies like TCS, Infosys and Wipro draw over 70 per cent of revenue from the US market. The software and services exports segment grew by 29 per cent to register revenues of $40.4 billion in 2007-08, up from $31.4 billion in 2006-07.

GatewayDistripa buy back shares

script code:532622
Type: Open Market Purchase
Max. price: Rs 110.00
Total Aggregate value:64 cr
Start date: 11 Aug 2008
End date: 24 Jan 2009

Aurobindo pharma board of directors meeting outcome

Company:Aurobindo Pharma Ltd

Scrip Code:524804

Aurobindo Pharma Ltd has informed Bombay Stock Exchange(BSE) that the members at the Annual General Meeting (AGM) of the Company held on August 20, 2008, They have discussed and approved the following:

1. Audited Annual Accounts of the Company for the year 2007-08.

2. Dividend @ 65% i.e., Rs 3.25 per share for the year 2007-08.

3. Appointment of S R Batliboi & Associates., as Statutory Auditors of the Company.

4. Re-appointment of Dr. S Bimal Singh and Dr. K Ramachandran as Directors of the Company.

5. New appointment of Mr. K Ragunathan as a Director of the Company.

Arizona baloons

Hi friends did you know about marketing and business stategies? and one more question what is meant by marketing? Marketing is a vital part of business and how your product is reaching the consumers.whether peoples have heared about your product or not.Marketing is in different kind of forms including telemarketing,direct sales,mailing lists and advertising.among this advertising is one of the way to convey the peoples about our product through advertising balloons, helium balloons and advertising blimps.

When ever my gang friends getting time,we used to go out and roam every where in the cities and we used to see very big and visible advertising and helium baloons. This is one of the way to advertise your product or that you can create an awareness to the peoples about your product.

With the help of advertising baloons automatically you can make good amount of profit. after hearing this your mind will ask one more question that from where we can get this kind of advertising blimps and baloons? Arizona baloons is the best place to get all kind of big baloons and helium baloons at cheap rates.Apart from the rates you can get baloons in any kind of shapes including animals,fruits,etc... start getting the advertising baloons and take your business to the next level.

iphone rate Rs 31000/-

iphone is released in india on Aug 21st midnight. iphone comes along with both service providers Airtel and vodafone.Airtel got special permission to sell the iphone handsets from yesterday onwards. they are mainly focussing on metro cities delhi,mumbai,bangalore.Already they got aroung 2 lakh registrations for iphone. they are telling that according to first come first serve basis they will distribute the handsets.iphone 8GB is priced around Rs 31000/- and the 16GB model is priced Rs 36100/-

camelback displays

How to maximize our profit in business? This is one of the important question came out of all marketing and other business peoples.Participating in exhibition or Trade shows, advertising are some of the way to maximize your the same time our trade show booths should have a nice look,then only customers will be attracted towards our stall.
To make this we have to opt for experianced trade show and display booth maker.Do you have any idea? No problem I have an idea with me.i came to know about camelback Displays,they are well experianced in Trade show display booths making.Everything is important in trade show display booth including design,banner stand, etc... They have experienced workers,skilled designers,craft man.
They are selling full line of custom printed table skirts also. even they will print your logo, full color artwork or text message printed on them. camel back displays are one of the leading trade show booth maker. Banners can be ordered with the hardware. Pipe and drape is also used to make the trade show display booths. so that the booths will be strong. Don't worry about trade shows because camelback displays is with you.

Indian stock market status

Indian stock market in in downtrend only after US recession,crude oil prices etc.... nowadays in indian stock market volatality is continuing only limited FII's are participating in indian stock market because of the weakness in the the global markets. for the past few days only crude oil prices went down continuously and now settled at around $114/barrel.In some part of india i.e in outskrits of chennai doesn't have petrol and diesel for more than three days. one more important news is also there because of the Reserve Bank of India move on CRR hike all the banks including both private and PSU banks have increased their interest rates for both loans and investment.

American Heritage data corporation

Nowadays most of the peoples are became entrepreneurs. That is they have a idea with them and they started implenting it. But after starting the business most of them struggling with their business due to lack of knowledge about marketing with the help of marketing list. How to promote our business or product to the customers (or) consumers.
I have an idea to promote your products to consumers. what is that? Did you know about American Heritage Data Corporation?. They are providing quality mailing lists,mortgage mailing list,etc... This is the best way to promote your business or product at customer end.
Apart from this they are doing telemarketing and offering direct marketing solutions to all kind of businesses.They have well experianced marketing executives and consultants to find suitable and profit making ideas and solutions to different clients and also they are having million's of consumer,business and mailing leads list with no worries leave your marketing part to American Heritage data corporation and be happy.

Avon weighing systems Ltd updates after board meeting

Avon Weighing Systems Ltd has informed Bombay Stock Exchange(BSE) that the Board of Directors of the Company at its Annual General Meeting(AGM) held on August 14, 2008, in that they have discussed the following things:
1. The board has subject to the approval of shareholders approved the Change of name of the company from "Avon Weighing Systems Ltd" to "Avon Corporation Ltd".
2. The board has subject to the approval of shareholders approved the Increase in the Borrowing power of the Company.
3. The board has subject to the approval of shareholders approved the appointment of M/s. Kiran Mattani & Associates, Chartered Accountants, as the Statutory Auditors and resignation of M/s. G M Purohit & Co. Chartered Accountants, as Statutory Auditors due to preoccupation of the Company.
4. The board has subject to the approval of the shareholders approved Amendment of Memorandum of Association.

dividend details from universal starch chem allied & weizmann

company name:Universal Starch Chem Allied Ltd
scrip code:524408
Universal Starch Chem Allied Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 14, 2008, in that they have recommended 5% dividend.

company:Weizmann Ltd
scrip code:523011
Weizmann Ltd has informed Bombay Stock Exchange that the Board of Directors of the Company at its meeting held on August 14, 2008, in that they have discussed about the various issues including audited annual results analysis and has recommend for consideration by the shareholders the declaration of 5% dividend on Equity Shares of Rs 10/- each for the financial year 2007-2008 .

silver smith india ltd updates

Company:Silver Smith India Ltd
Scrip Code:531626
Silver Smith India Ltd has informed Bombay Stock Exchange that a meeting of the Board of Directors of the Company will be going to be held on August 22, 2008, to transact the following:
1. To Consider and approve the Company's plan to enter the business of mining for silver in various geographical location including overseas properties.
2. To decide the time, date and place to call the 14th Annual General Meeting of the Company and consider the Book Closure date for the same.

Tata steel new JV with vietnam steel and cement corporation

Vietnam’s largest steel company Vietnam Steel Corporation, Vietnam Cement Industries Corporation and TATA Steel have signed a 30:5:65 JV agreement for the proposed steel complex in Vietnam. Mr Dau Van Hung president of Vietnam Steel Corporation, Mr Nguyen Ngoc Anh of Vietnam Cement Industries Corporation and Mr B Muthuraman MD of TATA Steel signed the JV agreement at a ceremony held in the Head Office of Vietnam Steel Corporation in Hanoi.
The MOU for this steel project was signed on 29th May 2007. Subsequently Definitive Agreements were signed today after completion of detailed feasibility studies.
4.5 million tonne per year steel complex will be set up in the Vung Ang Economic Zone in Ha Tinh Province of Vietnam. The Integrated Steel Plant will be built in three phases at a total estimated cost of USD 5 billion. While the ultimate capacity of the steel complex will be 4.5 million tonnes per year, the first phase of the complex will be a Cold Rolling Mill to be commissioned by end 2010.

Employee unions not happy with sixth pay commission

Several employees unions on Thursday said that they are not happy with the Union Cabinet's approval to the recommendations of the Sixth Pay Commission.The All India Trade Union Congress (AITUC) claimed the recommendations accepted were "not fully satisfactory", the Centre of Indian Trade Unions (CITU) resented the government's decision terming it "totally inadequate, disappointing and discriminatory towards lower level employees".
The Confederation of Central Government Employees and Workers (CCGEW), meanwhile, dubbed the Cabinet approval of the recommendations "anti-employee and pro-officer".The Joint Platform for Action (JPA) of Government and Associate Services Employees' Organisations stated the decision of the Central Government on pay commission reccommendations remained "contrary to the wishes of the Government employees".

AMS fulfillment services

Those who are looking for a third party company for warehousing,inventory, assembly and fulfillment services, The right choice for those peoples is AMS fulfillment services.What is AMS? AMS stands for Advantage Media Services(AMS).go and see the difference between other fulfillment companies offers and Advantage Media Services (AMS) delivers.AMS is one of the leading fulfillment services company and they have more no of fulfillment service centre's.
AMS will help their clients succeed by staying within budget, and also they take care of their clients' inventories. AMS offers OnGuard Inventory Protection, a safeguard for total inventory management and product fulfillment. AMS having advanced operating systems so the inventory data's will be safely protected from losses and damages.
They have latest technology systems, programming resources and user friendly tools allow businesses to manage product fulfillment operations and order fulfillment from their desktops systems with outstanding results.AMS offers solutions for both Business-to-Business (B-2-B) and Business-to-Consumer (B-2-C) clients, including warehousing, Product Fulfillment and Distribution, Pack-out / Assembly, Order fulfillment, Inventory Management, Logistics and Returns Processing services.

Dividend recommendations from Ad-Manum,Keynote

Ad-Manum Finance Ltd meeting of the Board of Directors of the Company will be held on August 19, 2008, In that they will discuss about the Audited Annual Accounts for the year ended on March 31, 2008 and to recommend payment of Dividend.
Keynote Corporate Services Ltd meeting of the Board of Directors of theCompany will be held on August 22, 2008, to approve and take on record the Audited Financial Results for the year ended on March 31, 2008 and to recommend dividend, if any on Equity Shares for the year 2007-2008.

Simplex Trading and Agencies ltd important decisions

Simplex Trading and Agencies Ltd has informed Bombay Stock Exchange(BSE) that a meeting of the Board of Directors of the Company will be held on August 18, 2008(Monday),In that they are going to consider the following things:
1. To discuss at the same time to decide on the proposal of to make a Bonus Issue of Equity Shares.
2. To Increase of the Capital and amendment in Memorandum and Articles of Association.
3. To fix the date and time for convening an Annual General Meeting(AGM) and to approve draft notice of the same and to authorize the Secretary or other person to issue the notice convening the Extraordinary General Meeting.

Dividend from Syncom Formulations India Ltd

Syncom Formulations India Ltd Board of Directors meeting of the Companywill be held on August 21, 2008,In that they are going to discuss about the Audited Financial Accounts for the Company for the year ended March 31, 2008 and to consider about dividend on equity shares for the year 2007-08.i am regularly updating the dividend details of various companies.this is the very important announcement which i got it from Bombay Stock Exchange(BSE)

Domestic Car sales down in july 2008

In the last three years this july 2008 car sales dropped due to oil prices hike and the inflation.Car sales down by 1.71%,At the same time two wheelers sales up by around 20%.According to Society of Indian Automobile Manufacturers(SIAM) 89,250 car units were sold in july 2007and 87,724 units sold in july 2008.This is not only because of oil price hike.Vehicle loans that is the interest rates against vehicle loans are keep on increasing, so in urban area and rural area the sales was too bad.

Healthcare analytics software from Medefinance

Mede is one of the leading healthcare software provider.Mede provides both healthcare analytics softwares and services such as maintenance etc...this kind of healthcare software products will be very useful to the healthcare organizations and primary hospitals.
This kind of healthcare products are very essential for healthcare solutions unit.this software product will be play an vital part in healthcare financing part such as patients bills,balance tracking,etc.
Apart from software and services Mede finance provides Web hosting, Security,Infrastructure.They are developing healthcare software products to improve the financial aspects, operational aspects and clinical performance. According to patients paying capacity,kind of service,cash handling and call volumes in healthcare call centres, they will develop the software products to improve the healthcare business.

State Bank of India hiked BPLR by 1%

The State Bank of India (SBI) today increased its benchmark prime lending rate (BPLR) by one percentage point to 13.75 per cent.SBI said the rate hike would have no impact on borrowers who have taken home loans of up to Rs 30 lakh.Depositors can also rejoice as the SBI has decided to revise interest rates on deposits by 25 to 75 basis points.The interest rate on deposits of 1 year to less than 2 years has been raised to 10 per cent from 9.5 per cent earlier.
All of them had raised the interest rates on their loans after the Reserve Bank of India raised the repo rate by a hefty 50 basis points and the Cash Reserve Ratio(CRR) by 25 basis points to 9 per cent each after reviewing its monetary policy on July 29.
PNB revised its BPLR by 100 basis points to 14 per cent. Apart from PNB, the Bank of Baroda and the Bank of India were the others who raised the benchmark rate by 75 basis points to 14 per cent.
In a statement, the SBI said it was insulating both its existing and new home loan borrowers from the BPLR hike.

Trade show display booth from Gilbert Displays

How to maximize our sales? this is what the question came out of all retail outlet's and other business peoples.Participating in Trade show is one of the way to maximize the sales and the same time our retail outlet or shop should have a nice look and it should be attractive,then only customers will be attracted towards our outlet.To make this we have to opt for better Trade show display booth creator.
I have an idea with me.i came to know about Gilbert Displays,they are specialized in Trade show display booths creation.They have expertised persons,skilled designers,craftspeople and finishing artisans.
According to your requirement they will design trade show display booth and Trade show displays also. They will take care of customized wood works,graphics and all display elements will be according to your specifications and requirements.Gilbert Displays has the capability andexperiance in the field of Trade show display booth.

BSE CEO Rajnikant patel resigned

The 133 year old Bombay Stock Exchange(BSE) CEO Rajnikant Patel has resigned his job on thursday, the BSE chief executive officer(CEO) quitting without mentioning any specific reason.Rajnikant Patel’s official term as CEO would have come to an end in September 2008.Rajnikant Patel was not available for comment but some of the BSE officials who asked not to be named said “the lack of trust” in the CEO among board members “forced” him to resign.
Head of corporate affairs Kalyan Bose,said BSE denied this reason and said it was Patel’s personal decision to resign.Patel’s resignation follows a series of recent resignations, including some key executives of BSE.In June, chairman Shekhar Datta and a director, Jamshed Godrej, resigned from BSE’s board. More recently, in July, T.V. Rangaswami, the head of strategy and planning, was asked to resign by the board as was Ashok K. Raut, the chief operating officer, in May. Raut was replaced by Mahesh L. Soneji in mid-July.

Walt Disney acquires 15% stake in UTV Global Broadcasting

The Walt Disney acquired 15% stake in UTV Global Broadcasting (UGBL) for Rs 118 cr, Walt Disney company currently having 300,000 equity shares in the company.UTV S/w Comm has been allotted 15,00,000 equity shares of Rs 10 each in UGBL. In this, UTV Software Communications will hold 75% and 10% is held by promoter Ronnie Screwvala.The company said in Feb 2008 that Walt Disney would pick up 32.1% in UTV S/w Comm & 15% in the UGBL for Rs 81.83 billion. UGBL launched four channels from September2007 channel's, ‘Bindass’, movie channel,‘Bindass Movies’, global films channel, ‘World Movies’, Hindi movie channel UTV Motion Pictures and business news channel UTVi.

Inflation will be less than 8%

The prime Minister's Economic Advisory Counsil(EAC) chairman C.Rangarajan on wednesday(Aug 6) said India's economic growth may come down upto 7.5% within a year. While speaking in the "India Financial Inclusion Summit 2008" he told reporters.
The Indian government today(Aug 8) announced that they hope inflation will surely come down to 8-9% in the next three to six months although it has recently broken the psychological 12% level."Tight monetary measures will tame inflation in three to six months," Union Finance Minister P Chidambaram said during a book reading sessionhere.Pointing out that rising global oil and commodities prices had led to the spiralling inflation, he said, "We have no control over international and commodities prices." "What we are trying to do, giventhe price hike, is to moderate aggregate demand by using tight monetary measures, by sacrificing a bit of growth," he said, adding "that was the only way inflation could be tamed".

New Apple iphone release on Aug 22

Apple iphone came to india on june 2007 and that it is so popular at the sametime it was not affordable it costs around Rs 25000 and also it has more number of bugs. now again new version of iphone is going to hit india through two major mobile network companies Bharti Airtel and Vodafone It will cost around $199-$299 In indian rupee it will cost around Rs 8000-12000.


One of the indian telecom major Bharat Sanchar Nigam Ltd(BSNL) is not yet proposed its Initial Public Offer(IPO),telecom minister A.Raja said on thursday(AUG 7).He said if Bharat Sanchar Nigam Ltd(BSNL)entering into the indian stock market means ,Each BSNL employee is eligible to get 500 shares at Rs.10 per share(Face Value).For others,price band range will be around Rs 300-400(Not fixed) per share depends on the market condition.BSNL got Rs 20 billion from Department Of Telecommunications(DOT). this was happened due to TRAI's false decision so it has compensated from the revenues of private telecom companies went to BSNL.Also BSNL got a 3G spectrum block on Thursday.BSNL officials are telling that this Initial Public offer (IPO) will take another six months to get finalised.

Essar owned Aegis Acquired US-based peoplesupport for $250mn

Essar business house owned BPO service provider Aegis communications Inc.,has decided to pay $250mn(Rs1,060cr)in cash to acquire 100% stake in US-based peoplesupport Inc.Aegis is going to pay $12.25/share for peoplesupport stockholders throough its Essar services(Mauritius).Peoplesupport has service delivery centres in the phillipines and Costa Rica,offering outsourcing services to clients from banking,traveland other businesses.

Austral Coke & projects IPO open

Company name:Austral Coke & projects
IPO of 72,60,000 Equity Shares for cash and 100% book built issue
Price band:Rs 164 - Rs 196(for equity share of Rs 10)
Issue opens:Augest 7,2008
Issue closes:Auggest 13,2008
Lising on:Both BSE & NSE.

Gati Ltd Dividend announcement

Script code:532345
company:Gati Ltd
Gati Ltd Annual General Meeting(AGM) of the company held on Aug 01,2008,In that they have discussed about annual accounts for the financial year ended march 31,2008 and also has recommended a dividend of 40% for the year ended june 30,2008(prev year 40%).

Finolex cables Annual General Meeting outcome

Script code:500144
company:Finolex cables ltd
Finolex cables Ltd Annual General Meeting(AGM) of the company held on July 30,2008,In that they have discussed about various issues including approval of annual accounts for the financial year ended march 31,2008 the payment of dividend at the rate of 75% on the equity share capital.

Mangalore Refinery&Petrochemicals Ltd(MRPL)-Dividend

Script code:500109
company:Mangalore Refinery&Petrochemicals Ltd(MRPL)
Mangalore Refinery&Petrochemicals Ltd(MRPL) 20th Annual General Meeting(AGM) of the company held on Augest 02,2008,In that they have discussedabout various issues including the payment of dividend at the rate of12% on the equity share capital i.e Rs 1.20 per equity share and 0.01%on the preference share capital.