INDIAN STOCK MARKET TRADING TIPS

HDFC Q3 Results rose up by 31%(Rs 1429.7 crore)

2012-01-19T23:21:00.002+05:30

One of the blue chip company HDFC Bank Ltd, which is India’s one of the largest private sector bank announced their Q3 results on thursday. As per the data published the net profit in the 3 months ended 31st Dec 2011 rose 31% which is Rs. 1,429.7 cr, the major contribution towards this profit is from loans, fees and commissions.Earnings per share is calculated and it is Rs. 6.1 raised from Rs. 4.6 last year. HDFC Banks earnings beated the predictions which is around Rs. 1,380 cr net profit for the month ended December quarter.

Nippon life insurance MOU with Reliance Capital Asset Management

2012-01-19T23:13:00.002+05:30

Nippon Life Insurance signed a memorandum of understanding (MoU) and acquired a 26% stake in Reliance Capital Asset Management (RCAM) for Rs 1,450 cr. Nippon life insurance is one of the Japanese company and this is the biggest foreign direct investment in the Indian mutual fund sector. Reliance Capital Asset Management is part of the financial services arm of Anil Ambani's Reliance Capital. According to a press release, this deal was taken place as per the suggestion by Morgan Stanley. The total value of Reliance Life Insurance is around $1.1 billion which is approximately 6.64% of Nippon life insurance's total assets This is one of the biggest deal taken place after two years in the Indian market.

Air India flight operations blocked

2012-01-14T14:17:00.001+05:30

Air India flight operations are blocked due to strike by pilots and they reported sick as part of their 'work to rule' stir against the Air India's management failed to pay the salary and allowances for the past 5 months. So government started looking into this issue to resolve it as soon as possible.

More than 15 flights were cancelled due to the strike. the particular flights such as Nagpur, Ahmadabad, Chennai, Leh, Bangalore, Bagdogra, Amritsar and Kolkata were cancelled from Delhi after 22 pilots in the national capital reported sick, seven flights were cancelled from Mumbai due to this issue.

Protesting non-payment of their salary and allowances, a section of Air India pilots had yesterday decided to go on "no-pay-no-work" formula from Friday night.

Infosys Q3 results rose up 33%

2012-01-12T09:36:00.005+05:30

India’s one of the largest software service based company Infosys announced its results on Jan12. As per the announcement the net profit for the third quarter ended Dec 31 rose to 23.72 billion rupees from 17.8 billion rupees which is 2011 Q3. All together the total revenue rose to 30.8% which 92.98 billion rupees.

Many brokerage firms have forecasted the net profit will be around 22 t0 23 billion rupees. It exceeded the expectations.Infosys is india's $76 billion IT services industry is driven by global demand for outsourcing and competing with Accenture and IBM for contracts to maintain new software services projects.

Jan11th 2012 sensex-nifty status

2012-01-11T21:34:00.001+05:30

For the past three days market was trading in the positive trend. Yesterday it raised more than 2% and today Indian market ended in a flat position. During closing Nifty up by 11.40 points (0.24%) at 4,860.95 and the Sensex ended up 10.77 points or 0.07 per cent at 16,175.86. This is one of the fluctuating trading session in which the market was going up and down many times and ended up in a flat level. As of now there is no good or bad news which can significantly affect Indian stock market.
This volatile trading session may be good for the people those who are doing day trading and they can make good profit as the stocks were going up and coming down frequently in a day again which is highly risky.
The Top gainers in the market are as follows
Sesa Goa, Sterlite, Axis Bank, Hindalco, BPCL
The following are the top losers today
Jindal Steel, PowerGrid, Grasim, TCS, Cipla

Current status of satyam issue

2012-01-11T21:16:00.003+05:30

Satyam Computer Services which is presently known as Mahindra Satyam, is exercising care on damages claimed in a suit filed against its previous board of directors, certain workers and audit firm PWC to stay away from paying a higher non-refundable court fee initially. As per the sources, the company has to pay 1% of the total costs claimed in the petition as court fee and in future, it may look for more damages (costs) once they settle all the issues. The total claim will assume meaning once the trial against ex-chairman B. Ramalinga Raju and others in a local court is done with the trials. If the justice goes against the accused, the compensation claim will have more strength, sources explained.

"1% becomes big if the damage runs in to 1000 crores. It is not wise to pay such amount initially as the company is yet to make payments in different issues that the company agreed to settle," sources told Press folks

New Website for Mutual Funds by BSE

2012-01-08T20:14:00.002+05:30

BSE Ltd and Morningstar India came up with collaboration , launched a exclusive website to help investors with relevant information and tools on mutual fund investment opportunities in india.BSE STAR MF(Mutual Fund) is the BSE's exchange traded mutual fund transaction platform and allows subscription and redemption in 29 Mutual funds in the industry. Lot of people have invested on Mutual funds and they don't have a centre place to get any info and growth and investment oppourtunities in mutual fund industry.These partner mutual funds on BSE StAR MF together account for around 92% of the industry's Assets Under Management (AUM). In this exchange traded mutual fund field,there is a need for a dedicated website for investors that would not only provide insights of Mutual funds to the common investor but it would also provide analytical tools used internationally, which will be useful for the investers to monitor mutual fund investments and future views etc..

The URL of the website is http://bseindia.morningstar.in

At the launch, BSE MD & CEO, Mr. Madhu Kannan, said, "We have been receiving good response to our Mutual Fund Platform - BSE StAR MF, which has a dominant market share in the exchange traded Mutual Fund space and hence felt the need to help various stakeholders that include our members, distributors and investors by giving them access to international quality research tools to improve the quality of their advisory decisions. We hope that this valuable facility empowered by Morningstar will be used extensively for more informed and smart investing."

Mr. Aditya Agarwal, MD of Morningstar India, said "We are delighted to be associated with BSE in this initiative of providing advisors and investors with high quality research and analytical tools on mutual funds. At Morningstar, we are always looking for ways to provide investors with information to help them make informed decisions, and the launch of this website is a step in this direction. The website would provide rich content to the users and would make available our proprietary data points, including our style box, star ratings and analyst ratings.”

Maruti unveiled ERTIGA Multi Purpose Vehicle(MPV)

2012-01-08T19:27:00.003+05:30

One of the car market segment leader Maruti Suzuki India Ltd unveiled india’s first Multi Purpose vehicle (MPV) on Jan 6th 2012. Its named as “ERTIGA” it’s very compact and easy to park, stylish, sporty with an elegant appearance. One of the key factors for the success of the Ertiga will be its fuel efficiency and Maruti is claiming a mileage figure of 16kmpl for the petrol and 20kmpl for diesel. While the actual figures may be little lesser these are still commendable figures for a vehicle of its size.

The quality and interiors are great which will attract customers for sure. Both Petrol and diesel versions are available. The Ertiga is launched in india with an aim to introduce a new market with 3 row new models of vehicles. It offers a three row flexi seating options for 7 persons with high storage space. Maruti have announced that they will be launching the Ertiga by the end of March 2012 or April first week.

This will be one of the key for maruti as they don’t have one as of now. May be we can expect a growth in this new car segment which will help them to show good results in the upcoming quarter’s.

BSE-NSE HOLIDAYS-2012

2012-01-08T17:31:00.006+05:30

26th jan thursday Republic Day
20th Feb Monday Mahashivrathiri
8th Mar Thursday Holi
5thApr Thursday Mahavir Jayanthi
6thApr Friday Good Friday
1stMay Tuesday Maharastra Day
15thAug Wednesday Independence Day
20th Aug Monday Ramzan
19thSep Wednesday Ganesh chathurthi
2ndOct Tuesday Gandhi Jayanthi
24thOct Wednesday Dussera
26thOct Friday Bakrid
13th Nov Tuesday Diwali-Laxmi pooja
14th Nov Wednesday Diwali
28th Nov Wednesday Gurunanak Jayanthi
25th Dec Tuesday Christmas

TCS Board of Directors meeting -17th jan 2012

2012-01-08T17:09:00.004+05:30

Tata Consultancy Services Ltd is planned to have their Board of Directors Meeting on January 17,2012 and informed the same to Bombay Stock Exchange(BSE). The main objective of that meeting is to approve and release the audited financial results for the quarter and 9 months ended December 2011 and to decide and declare the 3rd interim dividend to the shareholders

Company Name: TATA CONSULTANCY SERVICES LTD
Script code: 532540
Price: 1171.35 (As on Jan 6th, 2012)

Goodwill Hospital & Research Centre Ltd IPO

2012-01-08T00:57:00.004+05:30

Company Name: Goodwill Hospital & Research Centre Ltd
Issue Opens on: Dec 30, 2011
Issue Opens on: Jan 09, 2012
Issue Size: Equity of Rs. 10
Total Issue Size: Rs. 62.00 Crore
Face Value: Rs. 10 Per Equity Share
Issue Price: Rs. 175 - Rs. 185
Minimum Order Quantity: 1 lot (35 shares)
Listing At: Bombay Stock Exchange(BSE) and National Stock Exchange

Rupee at 44.68 versus dollar-It’s 4 month high

2011-03-27T11:46:00.003+05:30

So far Indian rupee is performing very well. As of now, rupee has been in the range of 44.68 against dollar. It is a four month high for the rupee itself. This is happening because of the context of higher crude prices. This is bit unusual, but export performance has been very good.Fourth quarter is usually a good quarter for the rupee as there are a lot of dollar flows in the businesses and markets. Conventionally, exporters and people who have raised loans abroad bring back their money in Q4 period. It’s a common phenomenon to see a lot of dollar flows coming in March.
Anant Narayan, MD-Regional head of fixed Income & Currency Trading (South Asia) at Standard Chartered Bank, in an interview he gave his views on the phenomenon of strengthening rupee with a lot of dollar flows and whether it will extend beyond March 31. Rupee will reach 46 mark by May 2011, Narayan added.

Deadline for AirIndia to repay their oil dues-March29,2011

2011-03-27T11:27:00.002+05:30

India’s one of the Airlines Air India has been asked to repay their oil dues Rs 2400 cr on or before March 29. A Committee of Secretaries headed by the Cabinet Secretary, Mr K.M. Chandrasekhar, decided to defer the March 29 deadline by another month, at a meeting held on Saturday. Now, the cash-strapped national carrier pays Rs 13.5 cr a day for the jet fuel it buys from the oil companies. But as a result of the rising crude oil prices, oil marketing companies have asked for a hike of Rs 5 cr a day, taking the cost up to Rs 18.5 cr a day.
Air India Chairman and Managing Director, Mr Arvind Jadhav, who made a presentation at the meeting, made a case for getting discounts for paying cash upfront. The Committee of Secretaries is understood to have asked the oil companies to work out financial impact of such a discount. They have also discussed the issue of payment of dues of about Rs 450 cr by arms of the Government to Air India. The Civil Aviation Secretary, Mr Nasim Zaidi, Air India Chairman and Managing Director, Mr Arvind Jadhav, and officials from the Ministries of Petroleum, Defence and External Affairs were also present at the meeting.
Air India has a debt burden of Rs 40,000 cr. It has incurred a cumulative loss of over Rs 13,326.86 cr, since its merger with Indian Airlines in 2007, at the close of financial year 2009-2010.

Sensex up by 465 points on march 25th 2011

2011-03-27T11:02:00.003+05:30

Sensex has been raised by 465, the same kind of rise happened before July 2009.
A normal optimized state across Asian markets on Friday helped Indian equity indices register significant gains. The upward rally, led by information technology (IT), banking and infrastructure sectors, took the NSE Nifty above the mark of 5,600.
The BSE Sensex was up by 5.2% i.e 934 points, Foreign Institutional Investors (FIIs), started buying large number of front-line stocks after the recent correction. FIIs were net buyers of Rs 1,446 cr on Friday. They have bought Indian shares worth over Rs 2,000 cr this month.
The Sensex gained 464.90 points, or 2.53%, and closed at 18,815.64. More than 1,700 stocks gained and 1,199 fell. The Nifty closed the day at 5,654.25, up 131.85 points, or 2.39 %. Elsewhere in Asia, Hang Seng gained 243 points (1.06%), while the Shanghai Composite and Nikkei rose more than 1% each.The gains were led by the IT companies such as Accenture, Oracle and Infosys. The BSE IT index was the best performer of the day, gaining over four per cent, or 245 points. Infosys Technologies rose 5.23% to Rs 3,162.TCS and Wipro gained 2.26% and 3.68%, respectively. Banks were also in the limelight with State Bank of India gaining 2.18% to Rs 2,709.45.

SBI to raise $1 billion through bonds; no hike in interest rates

2011-03-27T09:41:00.002+05:30

India’s one of the largest nationalized bank State Bank of India (SBI) on Friday said that they are planning to raise about Rs 4,500 cr through bonds from overseas market next fiscal to fund growth plans. “There will an issue overseas in the next financial year. It could be around 1 billion $,” SBI Chairman O.P. Bhatt said in the Skoch event.
This fund would be raised in one overseas issue and the complete numbers or quantum would be finalized during appropriate time depending upon market condition. When the question has been raised regarding about interest rates, he said, that will remains same during the current fiscal. Unless there is significant growth in credit demand, lending rate is unlikely to rise in the next few months, Bhatt added.
All the banks to raise interest rates following a 25 basis points hike in short-term lending (repo) and borrowing (reverse repo) rates announced by the Reserve Bank of India (RBI) at its mid-quarterly review on March 17, 2011.Last month, SBI rose lending and deposit rates on select maturities by 25 basis points in response to a similar rate hike announced by the RBI in January. SBI had revised the base rate or the minimum lending rate by 25 basis points to 8.25%. Similarly, Benchmark Prime Lending Rate (BPLR) for the existing customers was also increased by 25 basis points to 13%.In addition; the bank also increased fixed deposit rates on two select maturities by 25 basis points. Both 555 days and 1,000 days fixed deposits were increased to 9.25% from 9%.

Sensex todays status

2010-11-19T11:24:00.002+05:30

Indian stock market opened in positive manner and started dropping continuously. The Sensex/Nifty continues to trade in the negative direction on the back of profit booking seen in index heavyweights. Among all the sectors especially Realty, banking and metal stocks traded lower.

At 10.15 a.m., the Sensex was trading down around 114 points or 0.57% at 19,816.75 with 22 components falling. Meanwhile, the Nifty was trading lower by 36.65 points or 0.61% at 5,962.15 with 40 components falling.
The 30-share benchmark index, BSE Sensex opened with a gain of 52 points or 0.26% at 19,982.75, while the broad based NSE Nifty started with a rise of 77.15 points or 1.29%, at 6,075.95.
Sensex Movers
Negative movers:ICICI Bank contributed fall of 28.31 points in the Sensex. It was followed by Reliance Industries (18.11 points), HDFC Bank (13.29 points), Infosys Technologies (12.26 points) and Tata Consultancy Services (9.97 points).
Positive movers:However, Bharti Airtel contributed rise of 14.93 points in the Sensex. It was followed by Larsen & Toubro (9.25 points), Sterlite Industries (India) (5.13 points), Hero Honda Motors (3.06 points) and Hindustan Unilever (1.39 points).

TRAI Proposal on 2G Spectrum issue

2010-11-19T11:11:00.003+05:30

India's telecom authority TRAI proposed cancelling 62 licenses of 5 telecom network operators. 2G Spectrum has been given to these operators during jan 2008. Because of this issue Telecom minister Raja resigned his post and this issue became major one and the media/press started digging into the issue to get more details.

India is the 2nd largest and fastest-growing in the world in telecom sector. Government auditor submitted the report, in that he condemned the ministry's allocation of 2G spectrum, saying it cost the government $38.9 billion in potential revenue loss.
"We have reviewed about 127 licenses and have recommended that some licenses may be cancelled on the ground that either they have not rolled out (mobile phone) services or for improper roll out of services, so that the spectrum can be utilized," a senior official at TRAI told Reporters.

Increase your profit by using trade show booth

2010-10-21T01:06:00.002+05:30

There are lot of ways are there to improve our business. But one of the best ways to improve the business and to increase profits trade show is a good option. Trade show booths are the mainstay of trade shows. It will attract all the consumers/people those who are visiting exhibitions. Exhibitors use them to showcase products, services and ideas.
Table skirts are used for special events including trade shows. They attach around the perimeter of a table using special clips or just Velcro. They can be printed on to add a logo if needed and come in a variety of colors. Nowadays everything is made as customized one. We can make our own design and it can be used in table skirts.
Among many different items available for trade show, one of the important and attractive elements is Banner stands. Banner stands are also very useful advertising tools that can be set up anywhere. There are retractable versions, L shaped styles and different shapes which can be used as indoor / outdoor models.
In the trade show, so many companies will be displaying their products and advertisements about the product. Just to separate out the exhibit booths you can use Pipe and drape. It is used as booth dividers for trade show displays. Many other organizations use them as privacy walls and crowd control. Even in the Pipe our company logo and the quotes will be printed

HDFC Bank net profit raised 32.7%

2010-10-19T23:31:00.001+05:30

HDFC Bank today reported a 32.7 % increase in its overall net profit for this quarter ended 30 Sep 2010, to Rs912.1 cr, compared to the same quarter Sep 2009.The amount which mentioned above is after tax, Profit before tax for the quarter ended 30 Sep 2010 increased 35.4 % year-on-year to Rs1,352.6 cr. The bank paid Rs440.5 cr as tax for this quarter.
HDFC Bank's net revenues including net interest income plus other income increased from 15.9 % to Rs3,487 cr during the quarter ended 30 Sep 2010 from Rs3,009.3 cr in the corresponding quarter of the year 2009.The bank reported total income of Rs5,770.7 cr during the quarter ended 30 Sep 2010 against Rs5,045.4 cr in the quarter ended 30 Sep 2009.For the half year ended 30 Sep 2010, the bank reported a 33.3 % increase in its net profit at Rs1,723.9 cr over the corresponding six months ended 30 Sep 2009.

NIFTY Trading below 6000

2010-10-18T12:37:00.004+05:30

All the asian markets were down and following that the Indian stock market also seeing a sharp correction due to continuous profit booking session by the investors. According to analysts, investors were booking profit to add Coal India Limited to their portfolios through this Coal India Initial Public Offering (IPO).

Today morning, once after the market opening it was trading in a volatile manner. Because of the opening of India’s biggest-ever IPO i.e. Coal India Ltd(CIL). All the investors will try to book some profit and plan to invest on this Coal India IPO.

Asian markets also slipped in the red. Nikkei 225 was down 0.11 per cent, Hang Seng slipped 0.98 per cent and Taiwan Weighted declined 1.75 per cent. Even stock markets in Japan are up while markets in China have seen a sharp reversal after a strong start. Other regional markets are in the red. The scene in Europe too remains indecisive,” Today morning, National Stock Exchange (NSE) Nifty was at 5998.40, down 64.25 points which is 1.06 %. The broader index touched a low of 5985.40 and high of 6115.10 in today’s trade. Market breadth was negative on the NSE with 2001 losers against 1271 gainers.

Bombay Stock Exchange (BSE) Sensex was at 19905.91, down 219.14 points which is 1.09 %. The 30-share index touched a low of 19870.51 and high of 20195.06 in early trade.

COAL INDIA LIMITED IPO

2010-10-18T12:33:00.002+05:30

The Coal India IPO which has opened for subscription on October 18, 2010(today) has kept stock market experts busy. Even though most of them are bullish on Coal India IPO, some of the experts are negative on the country’s largest IPO. One such example is Reliance power, which was the biggest IPO raised more than 11K Crores via IPO.
The Indian government and SEBI has fixed a price band at Rs 225-245 a share and They are offering 63.16 crore shares via this IPO issue, which aims to raise more than Rs 15,000 crore through this IPO. It closes on Oct 21st 2010.
Citigroup Global Markets, Deutsche Equities, DSP Merrill Lynch, ENAM Securities, Kotak Mahindra Capital and Morgan Stanley are the lead managers for this issue.
According to some of the analysts Coal India Limited(CIL) IPO is priced attractively and the one can invest on it. But in an Interview, Sanju Verma, Centrum Broking said that she won’t not subscribe to Coal India Limited IPO. She reasoned that though CIL is 40% cheaper than peers on EV/EBITDA, only 18% of it is top quality coal.

Asian stock markets down

2010-08-23T20:06:00.001+05:30

Not only Indian stock markets, the whole Asian stock markets itself falling down consecutively due to Global economy, US Dollar rise, and etc..The markets ended lower with the US dollar continuing to witness steady safe haven buying which leads to further rise constantly. So the commodity market got affected due to this. The US dollar rose to a fresh 6 weeks high. European Central Bank official for more economic aid announced that the region's deficit crisis may take longer to solve. Once after this news the global market went down.

No plan to lift exports ban on wheat and Non basmati rice

2010-08-23T19:37:00.001+05:30

After annual review of the Foreign Trade Policy release meeting, Commerce and Industry Minister Anand Sharma announced “The ban on export of wheat and non-basmati rice will stay for now” no plan to lift the ban. Actually wheat export banned in early 2007 and non basmati rice in 2008 due to high inflation in India. Apart from this government would continue to restrict exports of certain food items such as pulses and oilseeds.

As on June 30 2010, government agencies had 163.93 lakh tonnes of rice and 112.87 lakh tonnes of wheat. In the same period last year, the rice was at 138.46 lakh tonnes and wheat was at 101.37 lakh tonnes. Still, our domestic requirement itself its too high and so no plan to lift the ban on exports of these food items.

Maruti Suzuki's exports plan is 15% of over all production

2010-08-22T17:25:00.003+05:30

Maruti Suzuki’s chairman RC Bhargava said “Maruti Suzuki is planning to concentrate on domestic markets to increase there business in India and the exports will be decreased to 15% of overall production”. During April-July this fiscal, the company exported 50,558 cars, which amounts to around 15% of its total output.
As per Maruti Suzuki MD Shinzo Nakanishi, the company’s business view on the domestic market is huge and he forecast that the passenger car market in India would double in the next 5-6 years. “We share the optimism about India in the medium term. Indian passenger car market will double in the next 5-6 years. There is even an outside chance of a China-like boom in the Indian car market,” he said.
As per Society of Indian Automobile Manufacturers Association (SIAM) shows Maruti’s market share decreased below 50% for the first time in April-July this fiscal, to 47.68%, with total sales of 2,82,488 units. The company's market share stood at over 53% in the same period last year, selling 2,33,811 units.
Maruti Suzuki’s market share went down because of other small cars such as Ford’s Figo, General Motors’ Beat and Volkswagen’s Polo. Even though Maruti Suzuki is introducing various new cars to retain 50% of the market share, still they were not able to achieve it. Maruti is also developing an R&D centre at Rohtak for which 700 acre has already been acquired. “The number of design engineers increased to 958, as planned,” Bhargava said. The expenditure incurred by the country's largest carmaker on research & development (R&D) increased to Rs 173 crore in 2009-10 from Rs 91 crore in 2008-09.

Deepak Fertilizers history from year 2000

2010-08-22T17:18:00.001+05:30

In 2000, Deepak Fertilizers and Petrochemicals Corporation Ltd opened a new nitric acid plant with an annual Capacity of 1 lakh tonnes at Taloja in Maharashtra. After that they had meeting and planned to invest R 100 cr. In 2002, Board approves for the buyback of equity shares up to 10% of its paid up capital and free reserves. Mr A C Mehta appointed as the additional Director and D C Mehta ,MD is elevated to the position of Vice-chairman and in his place Shri S C Mehta has been appointed as the MD.

During 2003, it gave buyback options of equity shares and closed on January 20. they announced Knight Frank as its real estate consultant
Board approved 6MW capacity cogeneration capitive power plant.In 2004, - It has informed that the company has entered into License Agreement and related contracts with Aker Kvaerner Inc., Houston, USA, for manufacture of 70,000 MT per annum Isopropyl Alcohol (IPA) at the plant at Taloja, Mumbai. The total outlay for this project is estimated to be Rs. 2,000 million. In 2010,it informed that Shri Pranay Vakil has joined the Board of Directors of the Company

Deepak Fertilizers incorporated on 1979

2010-08-22T17:12:00.002+05:30

Deepak Fertilizers was incorporated as a private Ltd company on 31st May 1979, then converted into a public company on 14th June, 1979.They are manufacturing anhydrous liquid ammonia which is a heavy Chemical & fertilizer. Initially it has been promoted by Deepak Nitrite Ltd and C.K Mehta. The Company entered into an agreement with US Company Fish International Engineers Inc (FISH) for the supply of process design and completes basic and detailed engineering within the ammonia plant battery limit including all equipment specifications for purchase and supply of data for off sites.

SBI's Government stake reduction-Parliament approved the bill

2010-08-12T20:03:00.004+05:30

Indian government is planning to reduce its stake holding from 59 % to 51% in State Bank of India. Bill has been approved in the parliament for the same on Thursday. This will help them to raise capital.” This bill (SBI Amendment 2010) also seeks to enable the SBI to issue bonus shares," Finance Minister Pranab Mukherjee said while replying to a discussion on the bill. This would also lead the bank to raise funds through preference shares, rights issue, preferential allotment or private placement of shares. Performance of the bank has so far been reasonably good, and there was no plan to bring down the government stake in the bank further. The government will not weaken its majority stake in the bank, he added.

India’s largest bank State Bank of India, which has 4,496 branches across the country and about 0.2 million employees in total, reported a 25% rise in quarterly profit on Thursday, beating forecasts.

SBI's stock closed up 6.9 % at Rs 2,784 after the 2011 Q1 results, in Bombay Stock Exchange

Deadlines for Blackberry – August 31

2010-08-12T19:38:00.001+05:30

Government of India has set August 31 as the deadline for Canadian Blackberry manufacturer Research In Motion (RIM) to come up with a solution after high-level meetings in India today to decide on possible suspension of encrypted BlackBerry services over national security worries ended "inconclusively". If they do not come up with a solution its services are likely to be banned in the country. As of now no final decision made after the meeting between home ministry and intelligence agency.
Government officials said RIM was not present at today’s meeting, which was also attended by state-run telecom operator BSNL, DOT officials and government security technology specialists.

Ranbaxy Q1 Results – 52% fall in profits

2010-08-12T19:24:00.002+05:30

India’s one of the best laboratories Ranbaxy reported a 52% fall in Q1.currency volatility is one of the reasons for this fall in profits, so Managing Director and chief executive Atul Sobti are departing from Ranbaxy laboratories. President of the company Arun Sawhney will takeover Managing Director place.

Ranbaxy reported an Q1 net profit of $72 million compared with a profit of $139 million in 2010 Q1. This is due to large foreign currency gains in the June 2009 quarter, which didn’t happen this year as expected, said Bino Pathiparampil, an analyst at Mumbai's IIFL Capital.

As per Bino, this was less than expected, reflecting bumper U.S. sales of Ranbaxy's generic version of Valtrex, a blockbuster herpes drug made by GlaxoSmithKline.With out US business they could have not reached this level, IF US markets were not there for Ranbaxy, then the profit could go down further.

The stock closed down 0.5 %, at Rs 445.2 ($9.5) a share, on the Bombay Stock Exchange (BSE) in an flat market.

India's ban on blackberry services

2010-08-12T14:58:00.002+05:30

The Government of India has asked Black Berry Manufactures Research In Motion for permission to access encrypted messages in times of emergency, As per Indian law, all Network operators or services providers have to comply with the common rule, the official said. But they have not agreed for that it seems and the Indian unit of Research In Motion had earlier said the use of "strong" encryption in wireless technology isn't unique to the BlackBerry platform and is a mandatory requirement for all corporate wireless email services. Apart from India, few more countries were about to ban blackberry including Saudi Arabia. But in later point of time they announced that the blackberry complies with their regulations, so they are not going to ban in Saudi. Aug 12th i.e today, Thursday's meeting between officials of India's Ministry of Home Affairs and the Department of Telecommunications(DOT) to discuss security concerns related to BlackBerry services ended "inconclusively", a DoT official said.India concerned about RIM's BlackBerry services as security agencies can not monitor the encrypted communications. so terrorists may use the services. This issue be resolved by DoT and Indian home ministry, which is in charge of internal security in india.

Sensex trading in positive

2010-08-12T14:22:00.003+05:30

Today in Indian stock market, SENSEX went up during market opening itself. All the global markets such as European markets, France's CAC, Germany's DAX and Britain's FTSE were trading in the positive trend. But still selling is happening in the main stocks Reliance Industries, Infosys, Wipro, ITC, Sterlite, Bharti, HDFC Bank, SAIL, TCS, NTPC, M&M, Ranbaxy and BHEL, which are trading in positive.
State Bank of India(SBI)India's largest bank reported better-than-expected results on Thursday, After the announcement of SBI’s 25% net profit results, the stock went all time high. It has reported net profit of Rs 2,914 crore, a growth of 25.04% and net interest income jumped 45.36% to Rs 7,304 crore on year-on-year basis. CNBC-TV18 was expecting net profit at Rs 2,450 crore and net interest income at Rs 6,646.3 crore. Net non-performing assets (NPAs) improved to 1.7% versus 1.55% and the bank made provisions for NPAs at Rs 1,733 crore in Q1 as against Rs 1,344 crore. It went up by 5% and was the top gainer as well as top traded stock on BSE and NSE. Among other financial stocks, Axis Bank was up 2% and ICICI Bank up 1%. PNB, Kotak Mahindra Bank and IDFC gained 0.5-0.9% while HDFC Bank fell 0.8%

SENSEX went down by 150 points today

2010-08-11T23:52:00.003+05:30

In Indian stock market, SENSEX went down 150 points today(Aug11th 2010-Wednesday), The following things are the reasons for bearish market
1) US Federal Reserve report
2) Japan’s and Chinese industrial export data.
Today’s SENSEX index of the Bombay Stock Exchange (BSE) closed at 18,070.19, down 0.82 % which is around 150 points from the previous day close. In the morning during opening of the market itself Sensex was in red at 18,177.35 and further went down to a low of 18,042.89 points. The index touched a high of 18,263.88 points in the intra-day trade. At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty closed 0.73 percent or 40.10 points down at 5,420.60. After opening flat at 5460.70, the index plunged to a low of 5,412 from a high of 5474.60.

Bharti Q1 Results – 32% fall

2010-08-11T23:48:00.002+05:30

India's top mobile operator Bharti Airtel, on Wednesday announced a 32 % fall in quarterly profit, including its African operations which bharti acquired in June for $9 billion.
Southeast Asia's top operator SingTel owns 32% stake in Bharti and its net profit fell to 16.82 billion rupees ($361.7 million) for its first quarter ended June 2010, from 24.75 billion rupees last year.
Bharti acquired the African operations in June from Kuwaiti telecoms group Zain in a $9 billion deal to become the world's fifth-biggest mobile operator. Bharti has 635 million subscribers in which 137 million users in India. Bharti subscribers are present in Bangladesh and Sri Lanka also, though the operations are small compared with India.

Tata’s new plan- STD calls at 30 paisa

2010-08-11T23:42:00.003+05:30

Tata Teleservices Ltd launched an aggressive tariff plan for pre-paid subscribers of its CDMA brand Tata Indicom. As per this scheme the STD rate at 30 paisa/minute across networks for 600 minutes in 30 days i.e 1 month. Almost all the network operators are charging 50 paisa/ minute. This will make more new subscribers for Tata those who make frequent STD calls.
Sanjeev Khera, chief operating officer - Karnataka regional head - south, TTSL said the new plan, Ulta, was aimed at increasing STD callings and pushing up its market share. Now Tata Indicom currently earns just 20% of its voice revenues from STD calls. The rest 80% comes from local calls.
“We expect a substantial leap in STD callings through this plan. It will also help us expand in new markets,” said Khera.

New way to increase business

2010-07-09T00:49:00.006+05:30

Trade show booths are one of the best ways to grow your business. It is the easiest and effective way to communicate the proper things to yours customers. By displaying your company logo and advertisement in every possible way, you can easily catch the attention of those customers.
The Table skirts are used at a variety of events to present your company products, ideas, builds awareness and more. You can either print or you can Velcro graphics to them. They are extremely portable and utilize a shipping case that can be checked in as luggage and later converted to a podium. The Banner stands used in events come in different shapes and colors. Based on the color of your choice, your logo will be printed in it. These table covers can be displayed at trade fairs, job fairs, conventions, in stores and other events.

Pipe and drape is used as booth dividers for trade show displays and exhibits. Many other organizations use them as privacy walls and crowd control. One more way to display your advertisement is though table top display. They are mostly similar to that of table covers, except the fact that they will be fitted on the top of a table. These will be displayed in panel systems, pop ups, banner stands, etc… Presenters should order table covers also.
One more way to promote your company logo is to use director’s chair that is used in film industry. Over the past 100 years these chairs were made of only of hardwood. These chairs can be used in trade shows for seating purpose so that your logos can be screened onto them.

Wheat Arrival from punjab and Haryana reached 130 lakh tonnes

2010-04-21T23:46:00.002+05:30

North indian states Punjab and Haryana Wednesday reached 130 lakh tonnes wheat production in this season in the first 20 days of the procurement this year, food and supplies department officials said here. This year wheat arrival is six tones higher than the last year. Among india 50% of wheat arrival from Punjab and Haryana.
Food and supplies officials in Punjab said that government agencies and private millers procured more than 75.16 lakh tonnes of wheat till Tuesday evening compared to 71.31 lakh tonnes last year. Approximately 99.9 percent of the wheat arrival has been procured by government agencies.

RBI Governor Reverses repo rate

2010-04-21T22:56:00.002+05:30

The Reserve Bank of India (RBI) is planning to reverse its expansionary monetary policy.they were looking into the repo rate for the past few months and reverse repo rate cannot be same as its operative rate, RBI governor said on April 21st.

After expansionary monetary policy, (RBI) Governor Duvvuri Subbarao, a day after the RBI lifted policy rates by 25 basis points, sent bond yield slightly advanced as investors predictable tighter liquidity and further rate increases.

The reverse repo rate is the rate at which banks lend to the Reserve Bank of India, symbols the lower border of India's interest rate corridor, with higher repo rate. When liquidity is in excess, market rates tend toward the lower end of the corridor, which is the reverse repo rate.

Talwalkars Better Value Fitness Limited IPO

2010-04-20T23:59:00.002+05:30

Incorporated in 2003, Talwalkars Better Value Fitness Limited is incorporated on 2003 and they became one of the largest fitness chain in India by offering a diverse suite of services including gyms, spas, aerobics and health counseling under the brand 'Talwalkars'. As on today they are operating around 51 health clubs in 24 cities serving over 55,000 members.
Fitness chain Talwalkars Better Value Fitness Ltd said on Monday it has priced its initial public offering(IPO) to raise up to RS 774.4 m at RS123 -128 a share of face value RS 10.The issue to sell 6.05 million shares will constitute 25.09 percent of the fully diluted post issue paid-up capital of the company, it said in a statement. The market lot consists of 50 shares and it will be listed in both BSE and NSE.India Infoline Ltd is the sole book running lead manager to the issue, which opens on April 21 and closes on April 23.
The aim of this issue is to increase the number of health clubs and to repay the loans which they availed earlier and also to meet the expenses.

Tata Consultancy Services Net Profit and Futures

2010-04-20T23:40:00.002+05:30

One of the India’s largest software concern Tata Consultancy Services (TCS) reported revenues at US$ 1686 m. This is approximately +17.7% Year of Year lower than expectations because of the head count rise of 11000 employees. When we are looking into the over all performance and profit, TCS has achieved really well. The revenue generated from financial domain is very less compared to the other domains. I guess TCS might have seen some form of market share loss in key financial services account during the quarter.
Tata Consultancy Services (TCS), plans to hire about 38,000 personnel in order to improve efficiencies and generate better returns, a top company official said.
"We are hiring a total of around 38,000 people out of which 20,000 would be trainees and 10,000 laterals," TCS' Global Human Resources Head and Vice-President, Ajoy Mukherjee, said on Tuesday.
Name: Tata Consultancy Services Ltd.
Script code: 532540
Listed in: Both BSE/NSE
Current Market Price: 789.60
As of now they are doing well, so start accumulating these stocks. Surely it will reach Rs 860 to 875

Annual monetary policy statement for the year 2010-11

2010-04-20T23:37:00.001+05:30

The Reserve Bank of India has raised CRR, reverse repo and repo rate by 25bps each in annual monetary policy statement for 2010-11. Though repo and reverse repo rate increase was as per the market expectations, 25bps increase in CRR was lower than our expectation of 50bps. The hike in policy rates is followed by 75bps hike in CRR in the Third Quarter Review of January 2010 and mid-cycle increase of 25 bps each in the repo rate and the reverse repo rate on March 19, 2010.The focal point of monetary policy statement for 2010-2011 has now clearly shifted from growth to inflation management. The growth forecast has been increased to 8% for the year 2010-11 with two key risks being southwest monsoon for 2010 and inflation.

About KEC International

2010-04-02T20:56:00.001+05:30

KEC International Limited is one of the largest in Power Transmission, Engineering, Procurement & Construction (EPC) companies in the world. KEC has made an permanent mark on the world map by consistently re-engineering itself to retain its position of leadership in the areas of quality, technology, capacity and capability.

KEC's strengths lie in the areas of Design, Manufacture, Supply and Construction of Turnkey Projects of Power Transmission lines of voltages up to 800 kV and in the execution of Railway Electrification projects, setting up Sub-stations and power Distribution Networks, Optical Fibre Cable (OPGW) installations, Turnkey Telecom Infrastructure Services and maintenance of Power Transmission Lines.

KEC won Railway projects worth Rs 130 crs

2010-04-02T20:54:00.001+05:30

KEC has been a leading player in the Railways Electrification segment.KEC International Ltd has informed Bombay Stock Exchange(BSE) that they won railway projects worth Rs 130 crs. The orders are for construction of station buildings, platforms, level crossing gates, bridges, earthwork and signaling & telecommunication for the Indian railways.“Winning these civil construction, signaling& telecommunication orders in the Railways projects segment.” Said Mr.Ramesh chandak, MD & CEO, KEC Internation Ltd

SBI raised interest rates on home loans

2010-04-02T20:26:00.002+05:30

One of the largest PSU bank in India State Bank of India (SBI) and other leading players in the housing loan market has raised interest rates on home loans. Although the bank will continue with its 8% teaser rate, which they had introduced a year ago, that too only for the first year, now it has increased rates for the subsequent years, effective April 1. The hike in home loan rates by SBI was triggered by the recent increase in its cost of funds.

Till March 31, SBI had two schemes, Easy Home Loan (up to Rs 50 lakh) and Advantage Home Loan (above Rs 50 lakh). '' From April 1, both the schemes have been merged and extended for a month,'' an SBI spokesperson confirmed to TOI. '' The rates applicable for new loans sourced from April 1 till April 30 are 8% for the first year, 9% for the second and third years and floating rate at 1.75% below SBAR (SBI's equivalent of prime lending rate, or PLR) thereafter,'' the spokesperson added.

So in result, the home loan rates for the second and the third years have gone up by 50 basis points (100 basis points=1%), from 8.5% earlier to 9% now. While fourth year onwards, at the current structure, the interest rate will be at 10% per annum, since currently SBAR is at 11.75%. Earlier, from the fourth year onward, the floating rate was at 2.75% below the SBAR and the effective rate was 9%.

Will this rally will continue in Indian stock market

2010-04-02T20:21:00.002+05:30

Continuously for the past few weeks, Indian stock market in going in the forward direction. Almost all the sectors are gaining. During Feb 2010 Sensex was in the
range Of 16100 and as of now it went to 17650 range. Will this rally will continue?

Not only out Indian stock market, all the stock markets will gain for few weeks and it will see some down fall. Then only the market will function properly. We all know that the market will be always volatile only. So we have to be very careful in the Indian stock market, because for the past few weeks it is keep on increasing, so it may meet a sharp correction at one level. So book your profits then and there to make over all profit in the stock market.

most popular trade show booths company

2010-04-02T18:30:00.003+05:30

Exhibitions, table skirts are always good to increase the customers and it will lead to make good profit, especially when it’s about computer related stuffs. The vendors or other company who joins the exhibition will display their latest products in banner stands and sometimes also gives a demo about their best products. I love it when they’re trying to give a demo about a certain VGA card; the vendor usually put a see-through PC equipped with the VGA card and start playing games at high quality settings. For that they may need Pipe and Drape. This Pipe and drape is mainly used as booth dividers for trade show displays. Many other organizations use them as privacy walls and crowd control.

Vendors are spending more money for developing the products and they can able to survive only when the marketing team and sales team performing well. To increase the sales they have to implement some new ideas such as trade show booths, table skirts. Those vendors must have spent a lot of money just to build their stand. The bigger they are the better chance it is too attract the crowd into their booth, but they also need to be very informative and attractive about the product they’re trying to introduce.

City Union Bank dividend

2009-12-28T10:21:00.001+05:30

City Union Bank (CUB) is one of the most efficient banks in India. They are having 202 branches, it is present in many parts of the country but its operations are primarily concentrated in southern India. Some study says, “City Union Bank (CUB) ranked among the top ten banks in three of the four most important parameters”. Of the 39 listed Indian banks, CUB stood 7th on efficiency, 10th on growth and 10th in terms of return to shareholders. It is well known that City Union Bank (CUB) is one of the strongest banks in the country. Our study showed that it is equally good in terms of rewarding its shareholders. The bank has constantly reported net interest margin (NIM) in excess of 3% in the last nine years. This is really an achievement for City Union Bank. This stock is always going in up direction, but very slowly and smoothly. This is one of the good long term scripts. Now also they are planning to give some high dividend.

Japanese stocks status

2009-12-28T09:59:00.001+05:30

Japanese stocks fell in to the low level in the past two weeks, Because of the makers of electronics and cars, Because of the good sales in the above mentioned fields ,all the relevant stocks became very expensive compared to earnings & profits may be harm by rising unemployment and falling prices.Canon, which is the world’s largest camera maker and surged 8 % in the past two days, lost 1.7 %. Toyota Motors., the world’s biggest car maker retreated 1 % in 2 days, 4.6 % advance. Tokyo Electron Ltd., the world’s No. 2 maker of chip equipment, went down by 1.7 % after went to the high level in September 2008 yesterday. Now only this stock went down. Usually this kind of corrections used to happen in the market. “The market is just taking a breather from the rally,” said Yoshinori Nagano, a senior strategist in Tokyo at Daiwa Asset Management Co., which oversees the equivalent of $94 billion. “People are feeling cautious, and they’re taking profits.”

Trade shows experts-displaysdirect

2009-12-19T09:35:00.003+05:30

I am very much interested in going to trade shows especially if the exhibit is about the subject that happiness me a lot. I am generally attracted to exclusive and appealing exhibitions and the pull up banner stand which will be one of the major attractions, I guess we all will feel the same kind of feeling. It is one of the main reason for exhibitors to consider particularly they will be displaying with lots of other exhibitors too. To attract the visitors you have to apply your presentation skills to make some difference in exhibitions.

For high-level and exclusive trade shows, you can get it done from Displays Direct Australia. They have various styles on banner stands, brochure stands sydney, banner bugs, portable counters and other trade shows related products. Apart from the things available, you can give your own requirements also. Make your own plan and design get it done from them. They will be happy to help and carry out your ideas and make your own trade show exhibits.

KEI INDUSTRIES TARGET 36

2009-12-19T01:09:00.000+05:30

KEI industries limited is an well established player in the power cable and all types of wires manufacturing segment and among the largest cable manufacturing companies in India. KEI industries limited manufactures high tension cables, low tension cables, control and instrumentation cables, house wires and stainless steel wires. KEI is one of the specialists in manufacturing cables including braided cables, fire survival and Zero halogen cables.
Scrip Name : KEI Industries Ltd
BSE Code : 517569
NSE Code : KEI
BUY Price : Rs. 31
Target Price : Rs. 36.00

Sharp corrections in Hongkong Asset prices

2009-12-17T20:39:00.001+05:30

Hong Kong’s central bank said the city may face “quick corrections” in asset prices should fund flows reverse, adding to concerns voiced by Japan, China and South Korea on the danger of speculative capital.
A rally in the stock market was fueled by an influx of capital as investors’ risk desire gained and they bet on an improving outlook for China’s financial system, the Hong Kong Monetary Authority said in a quarterly report yesterday. Outflows may bring “volatilities in the real economy,” the HKMA said.
Housing prices in Hong Kong have gained in the last 10 months, while the benchmark Hang Seng Index has increased 50% this year. Financial officials in Japan and China, Asia’s two largest economies, warned last month that the Federal Reserve’s interest rate policy risks spurring speculative capital that may blow up asset prices and derail an economic recovery.

Stock picks for medium term

2009-12-17T20:25:00.001+05:30

Hi all stock traders
please have a close eye on Educomp, RIIL ,CESC & Godrej Industries.Heavy Buying & Accumulation is going on in Educomp,RIIL,CESC & Godrej Ind. FIIs and Big investors from India also accumulating these stocks.Don’t miss this chance to grap the stocks.So Keep a Eye on these all...make some profit out of this chance We May see some good & Positive message in NHPC Also...

3i Infotech-overview

2009-12-17T20:13:00.001+05:30

3i Infotech (3i) started in 1999 as a back-office service provider for the ICICI Bank Group. Now, 3i is a software products, technology and transaction services provider, for most of the domains and mainly to the BFSI segment. It has a client-base of 1,500 clients spread across the world, particularly in America, which contributes 50% to its total profits.
In the last 5 years, 3i Infotech has increased its revenue from Rs 292 cr to Rs 2,305 cr, while its profits jumped from Rs 32 crore to Rs 266 crore. It has been able to grow up in both organic and inorganic way. The result is that it now ha s a high debt-equity ratio of 2.1. To service this, it issued Qualified Institutional Placement (QIP) of Rs 317.8 crore in Sep 2009.

Exhibit booths from camelbackdisplays

2009-12-16T10:57:00.005+05:30

Do you feel that your effort to promote your business does not show satisfactory results? You have done all methods of advertising. But it still does not work out the maximum profit. What the campaign or promotion that you do less to compete with rival companies who all are very busy in the visit by the client? Do you know about truss. Don’t worry To maximize your profit I am going to give you some tips on trade show displays which will be really helpful for you all.

We are trying to many things to promote an product so that company can able to make profit on those products, product or service they are famous or known by many people and one of the best is to do with the campaign. Do with the campaign? Companies can promote their product or service to many people in effective manner, Among the many advertising techniques exhibit booths are one of the best way to improve our sales and business.

Yes.I understood what will be your next question whom should I contact for getting this things done.Am I right. Camel back displays is one of the leader in designing and providing portable trade show exhibits to customers in and around the world. They are one of the best in trade show displays,exhibit booths and logo floor mats. As we discussed earlier Camelback Displays is one of the best in the market and they have also committed to high quality, portable products that meet the needs or requirements of each company in the Trade shows or Exhibits.

ITC Employee stock options

2009-11-24T07:17:00.002+05:30

Script No:500875

Company Name:ITC Ltd

ITC Ltd has informed Bombay Stock Exchange(BSE) that the Company on Nov 18, 2009 has issued and allotted 42,47,980 Ordinary Shares of Re. 1/- each, upon exercise of 4,24,798 Options by Optioned under the Company's Employee Stock Option Schemes.

Consequently, with effect from November 18, 2009, the Issued and Subscribed Share Capital of the Company stands increased to Rs. 378,79,21,580/- divided into 378,79,21,580 Ordinary Shares of Re. 1/- each.

Stock went up in Dow Jones

2009-11-24T06:31:00.002+05:30

Stocks climbed, pushing the Dow Jones Industrial Average to a new 2009 closing high, as energy company chevron, telecom giants AT&T and led a broad rally.

The Dow Jones rose 132.79 pts (1.29%), to 10450.95, snapping a 3-day losing streak and reaching its highest close since Oct. 2, 2008. Of its 30 components, 28 closed higher. The telecom companies had the biggest percentage gains, with Verizon rising 90 cents, or 3%, to $31.33, and AT&T went up 76 cents, or 2.9%, to 26.78. Chevron climbed 1.97, or 2.6%, to 78.74.

New Stocks tips

2009-11-24T06:26:00.002+05:30

Stock Name:Yes Bank
BUY
Stop Loss 249
Target 278
short term

Stock Name:Punjab National Bank
BUY
Stop Loss 886
Target 957
Short term

Indian auto industry sales and growth

2009-11-23T04:28:00.002+05:30

The Indian Auto Industry is in critical and highly competitive because of a number of new global and Indian auto companies. India is the world’s 2nd largest manufacturer of 2 wheelers and 9^th largest car manufacturer. Automobile production is consistently showing an upward trend in the last few years till 2009. Automobile production including Buses, Cars, Autos and Bikes stood at 11.2 million units in 2008-09, this is almost double the figure as on 2002- 03.

Sales during Oct 2009 compared to 0ct 2008

Honda-347%,

Ford-98%,

Skoda-97%,

Hyundai-41%

Maruti-21%

Reasons for the rise of sales

1) Road infrastructure

2) Higher per capita income

3) Lowest interest rates

4) Lot of new models

In the upcoming years it will give on increase that is what all the expertise are telling and it is expected to grow to $33-40 b by 2015. India supplies a range of high-value and critical automobile components to worldwide auto makers such as General Motors(GM), Toyota, Ford and Volkswagen. Some of the leading manufacturers of auto components in India include Apollo Tyres, Bosch Ltd, Exide, CEAT, Bharat Forge.

Amara Raja Batteries -overview

2009-11-23T04:23:00.002+05:30

Amara Raja is manufacturing batteries for industrial and automotive purposes. It introduced Valve Regulated Lead Acid (VRLA) batteries for industrial purposes. These batteries supply to the telecom sector and UPS back-up systems during power shortage while other end-user departments include the Indian Railways and power utilities.

They are manufacturing large, medium and small VRLA batteries to Original Equipment Manufacturers (OEMs). Conducts automotive batteries business through JV with Johnson Controls Inc. During Q2 2009, net sales increased by 6% y-o-y to INR3, 606 m. PAT stood at INR479 m, recording a growth of 155% over Q2 2009.

Amara Raja batteries is having strong segmental growth. The industrial batteries business maintained its momentum and recorded a 50% CAGR in the past 4 years. They are continuing the preferred supplier status among all the leading telecom operators and UPS manufacturers, telecom and UPS segments remained the main drivers of the industrial battery business. In automotive battery business, it tied up with Maruti India .this is one of the best stock for long-term perspective. So try to accumulate at the lower rates and make profit as your convenience

Experience with shopwiki GPS devices

2009-10-30T09:21:00.002+05:30

Hi Friends how are you all? In this world technology is give on getting updated. I am going discuss about one among that. Though it is some what old technology .but now only it has been used by worldwide customers. GPS is the one which i am going to talk about. The Global Positioning System (GPS) is a U.S. space-based global navigation satellite It provides reliable positioning, navigation, and timing services to the people those who are in and around the world on a continuous basis in all weather, anywhere, anytime on or near the Earth.

GPS has become a widely used aid to navigation worldwide, apart from that it will be useful tool for map making, land surveying, scientific uses, tracking of traveling car and surveillance, and hobbies such as way marking. Also, the accurate time reference is used in many applications including the scientific study of earthquakes and as a time synchronization source for cellular network protocols.

Nowadays almost everybody came to know about the usage of GPS and started using for them or for their business. Especially GPS has become a mainstay of transportation systems worldwide. Most of the travels companies already installed in cars and buses, but some of them not aware of this whom we can ask? From where we can buy and all. I have a solution with me. Shopwiki is one of top GPS devices seller and they are having different types of navigational devices such as handheld, Car, Cell phone GPS, laptop, watch etc… each one having its unique features. Car GPS system is having voice-activation or text-to-voice directions features. one of my friend who is having travels company he bought GPS devices from shopwiki and installed in all his travel cars. this will be helpful for the drivers, passengers as well as for him also. After installing GPS device he was able to track the car locations and now he is successful in his business. go and grab your GPS device from shopwiki as per your requirements.

Investment in gold coins

2009-10-18T11:22:00.003+05:30

Nowadays investing our money in stock market and mutual funds are horrible. Because of the recession and economy slow down the situation is like that. So now everyone in the world is thinking what to do? How to manage their money and where to invest to get good amount of profit? This is what the question in every one’s mind which is unanswered. I have an answer with me. gold coins i.e. investing in gold.

What is meant by gold coin? A gold coin is a coin made mostly or completely of gold. Gold has been used for coins virtually since the invention of coinage, really because of gold's intrinsic value. In modern times, most gold coins are proposed either to be sold to collectors, or to be used as gold bullion coins. Coins whose supposed value is inappropriate and which serve generally as a method of investing in gold.

Now I think you might be having some basic idea about the gold coin. Your next question may be whom should I contact for knowing better? Am I right? I have answer for this question also. Auram Advisors they have been into this field for past much number of years. They have different plans for investing in gold. Gold is one of the world’s most liquid investments trading throughout the world every day. This people are having different kind of gold bullion coins such as American Buffalo, Australian Gold Nugget etc…The market will not be closed, so you can buy & sell Gold in any country at any time. Gold can form the cornerstone of a conventional strategy because it always going up in the market.

Indian car exports surge 36% in of 2009-10

2009-10-13T23:47:00.002+05:30

Car exports from India in the first half of this financial year jumped by 35.7 % as major manufacturers like Hyundai & Maruti Suzuki cashed in on scrap page incentives provided in Europe, In spite of other sectors of the auto industry witnessing turn down.

According to Society of Indian Automobile Manufactures Association (SIAM), car exports during Apr-Sep stood at 2,10,088 units as against 1,54,783 units in the year-ago period. The increase in exports were mainly driven by the country's largest car maker Maruti Suzuki India as its overseas shipments rose over two-fold during April-September to 65,752 units from 29,699 units in the year-ago period, SIAM said.

Nissan Motors global compact car model

2009-10-03T12:56:00.001+05:30

Nissan Motors, Japanese auto manufacturer, has discovered the sketches of its global compact car model on sep1st 2009. Nissan’s global compact car will be manufactured in five different countries including its Indian unit in Chennai. They planned to launch three special versions of the car. There will be a sedan version as well as a MultiPurpose Vehicle(MPV).name of the models and other details of the car are yet to be released.

Mr. Kiminobu Tokuyama, MD and chief executive of Nissan Motor India, said that the company is serious about its plans for India, and the production of the car would get started by May 2010 in Chennai facility.According to the sources, the car would be built on a global platform. The Chennai plant is expected to produce 110,000 cars by 2011, and the number may go up to 180,000 units. This nissan’s Global Compact Car will be exported to more than 150 countries in the world.

Mahindra & Mahindra Ltd record sales in september 2009

2009-10-03T12:44:00.003+05:30

US $6.3-billion Mahindra Group’s Mahindra & Mahindra Ltd (M&M) announced its domestic auto sales of 27,431 units for the month of Sep 2009, as against 24,481 units in Sep 2008, an raise of 12.1 % in sales and total Number of SUV (Scorpio, Bolero, XYLO) sales in Sep 2009 is 21,961 units as against sales of 16,059 units in Sep 2008, which is a increase of 36.8%. Mahindra’s Year-To-Date (YTD) domestic sales stand at 1, 32,522 units in Sep 2009, as against 1, 16,971 units for the same period last year, which is an raise of 13.3%.M&M sold a total of 28,434 vehicles including exports in Sep 2009 as against 25,630 vehicles sold in Sep 2008.In Tractor sales, M&M Ltd maintained its leadership position in Sep 2009. Total number of tractor sales in Sep 2009 stands at 16,986, as compared to 10,868 units for the same period last year, a raise of 56%.

India's inflation @0.83%

2009-10-02T14:23:00.001+05:30

India's wholesale price index(WPI) rose 0.83 % in the 12 months to Sept. 19, above previous week's annual rise of 0.37 %, government data showed on Thursday(OCT1).

It compared with a forecast of a 0.7 % rise in a common poll.

- The food articles index in the WPI rose an annual 16.27 % on Sept. 19.

- The wholesale price index (WPI) was at 243.3 points on Sept. 19, compared with 242.6 a week earlier.

- The yearly inflation rate was 12.14 % during the corresponding week of 2008.

- The yearly change in WPI for the week ended July 25 was revised to a fall of 0.71 % from a decline of 1.58 %.

Wipro GE Healthcare a single entity

2009-10-02T14:09:00.002+05:30

This is a million-dollar chance lost for investment bankers who could have earned up to $48 m in fees, if the proposed deal between Indian telecom major Bharti Airtel and South Africa's MTN had materialized. Investment banks usually charge 0.5-2 % of the entire contract amount as advisory fees for the M&A transaction. While the exact amount those investment bankers could have earned from Bharti-MTN deal could not be ascertained, it could have been up to $ 48 m, based on the upper limit of potential fee income from the proposed $ 24 b deal. Bank of America, Merrill Lynch and Deutsche Bank were advising MTN, while Standard Chartered and Barclays advised Bharti Airtel.

Wipro GE Healthcare, a joint venture between Wipro and GE's healthcare business, today they announced that all the standalone units and plants of GE Healthcare in India would be integrated into a single entity and it will be called as Wipro GE Healthcare. This amalgamation will simplify the structure through consolidation of GE Healthcare's life sciences and medical diagnostics business units and X-Ray manufacturing plants.

Both Wipro and GE said that the planned move would help in effective management, resource mobilization and accelerating the development for GE Healthcare, the $17 b healthcare business of General Electric (GE), through Wipro GE Healthcare's large sharing network. As of now Wipro GE Healthcare contributes about 85 % of GE Healthcare's products and solutions in India.

Bankers involved in Bharti-MTN deal lost $48m

2009-10-02T13:47:00.003+05:30

Search Engine Optimization leader WebiMax

2009-10-02T13:41:00.002+05:30

Do you know what is mean by Search Engine Optimization? Search Engine Optimization (SEO) is the process of improving the volume or quantity of traffic to a blog or site from search engines via "normal" search results as opposed to Search Engine Marketing (SEM) which deals with paid inclusion. Usually, the earlier a site appear in the search results list, the more visitors it will receive from the search engine. SEO may aim for different kinds of search, including web search, image search, and local search.

In Internet Market, Search Engine Optimization (SEO) considers how search engines work and what everyone search for. Optimizing a website or blog mainly involves editing its content and HTML and related coding to both increase its relevance to exact keywords and to remove barriers to the indexing activities of search engines. Whom should I contact for getting support and tips on SEO? That is what your question right. I have an answer with me. WebiMax is one of the best answer or solution for your business.

Webimax is recognized as one of the most popular full service online marketing agencies nationwide. They offer best solutions and tips to their clients and with unparalleled team of well experienced web based marketers that partner with your company to help grow your business through your overall online presence. They are specialized in SEO, Pay Per Click Management, Social Media Optimization, Web Design, Database Development and providing free online marketing analysis to potential customers. Clients come to WebiMax seeking to utilize our expertise to help them increase sales, boost their lead generation efforts and most importantly to deliver them with the results they are searching for. Their new approach helps us to earn more in our business.

world bank lending $4.3b to india

2009-09-23T23:03:00.001+05:30

The World Bank has approved $4.3 b in loans for India to help finance infrastructure projects and support its economic incentive programme.'This is the critical time to sustain Indian economic recovery,' and this money will be directed especially towards four projects said World Bank country director for India Roberto Zagha. Of the total amount, World Bank said it would provide $2 b to India's banking sector designed to develop the quantity of credit available to firms.

World bank also approved $1.2 billion for the India Infrastructure Finance for financing public-private partnerships in infrastructure and to encourage the development of a long-term local currency debt financing market and $1 billion to address India's acute power shortages by assisting the PowerGrid, the national electricity distribution company, with its investment programme after a freeze up in overseas lending.The bank also provided $150 million to Andhra state to improve water supply and sanitation services for 2,600 villages across six districts.

DLF sold 1250 flats within 2 hours

2009-09-23T00:17:00.002+05:30

DLF, the country's largest Builder, today launched the 2nd phase of its housing project in the heart of national capital and sold all 1,250 apartments within 2 hours. The company sold all the flats, offered at prices of up to Rs 1.86 cr, though it has raised the selling price of its units by up to 26 % compared to the 1st phase.

"Even with increased price, we have received wonderful response for our product. We initially planned to commence 650 units in the 2nd phase, but due to huge demand we decided to propose more," DLF Managing Director T C Goyal told Press. The company has launched the 2nd phase of the project — Capital Greens — at Rs 6,750 (2-BHK), Rs 7,500 (3-BHK) and Rs 8,000 (4-BHK) per sq ft. However, the valuable rate would come down to Rs 5,677, Rs 6,363 and Rs 6,820 per sq ft respectively as DLF would offer a discount of Rs 500 a sq ft for timely payment and 8.5 % rebate on down payments.

The total area of the apartments would be of 1,210 sq ft-2,720 sq ft and would carry effective price tags between Rs 68.69 lakh and Rs 1.86 cr respectively.

Tata TeleServices Limited(TTSL) became No 1 Telecom operator

2009-09-23T00:03:00.002+05:30

Tata TeleServices Limited(TTSL), India’s fastest-growing pan-India dual-technology (CDMA&GSM) telecom service provider, emerged as the Number One telecom operator in the country in terms of new subscriber additions in a month, by adding more than 34 lakh new subscribers in Aug 2009. The achievement is all the more noteworthy in that the nearest competitor in terms of new subscriber additions managed to add just over 28 lakh subscribers in the same period, a gap of 6 lakh subscribers.

Nifty toched 5000 after 16 months

2009-09-22T23:40:00.003+05:30

The National Stock Exchange(NSE) Nifty closed above the 5,000 mark for the 1^st time in 16 months on Thursday after 2nd-quarter advance corporation and personal income tax collections registered positive growth.

Advance corporation tax and personal income tax collections grew 14.7 % and 1.7 %, respectively, in the quarter ended Sep 15, as against the fall of 3.7 % and 44 %, respectively, in the 1st quarter. The Securities and Exchange Board of India’s (SEBI) plan to simplify norms for foreign portfolio investments improved the sentiment. The Bombay Stock Exchange (BSE) Sensitive Index, or Sensex, touched an intra-day high of 16,943.49, up 202.19 points. It closed at 16,886.43, up 145.13 points.

The Nifty closed above the psychological mark of 5,000 for the first time since May 22, 2008. The index rose 44.15 points on Thursday and closed at 5,020.20.

Financial sector stocks gained after Finance Minister Pranab Mukherjee hinted that the Reserve Bank of India (RBI) would keep policy rates low. Mukherjee had said in Bangalore on Saturday that India’s equity index was moving “steadily” and the authorities would avoid disturbing the pattern. The country’s biggest housing loan provider, HDFC, surged 5.30 per cent, SBI (1.41 %), HDFC Bank (1.50 %) and ICICI Bank (0.96 %).

Solvent Recovery systems from NexGen Enviro Systems

2009-09-22T22:51:00.002+05:30

Solvent Recycling or Solvent Recovery uses a distillation unit. Distillation is the separation of solvents by difference of boiling points to produce reusable, purified solvent. Distillation systems generally include multiple stage, vapor liquid contacting equipment. If dissolved solids are also present, then the process may also include an evaporation step that vaporizes the volatile compounds, so the solids can be removed.

If you are running the chemical, pharmaceutical, manufacturing, fabrication or another process industry, chances are your manufacturing method requires solvents. No matter how carefully you work to reduce solvent use to the absolute minimum, you simply can not eliminate all the chemical byproducts of manufacturing. Without proper Solvent Recovery System we can’t able to reduce the solvents completely. If you are approaching some solvent waste disposal company it may leads to big expenditure. So you have to choose a better option to resolve this issue.

What is the option? Solvent Recovery systems from NexGen Enviro Systems. Our Solvent Recovery systems employ modern distillation technology to separate and recover valuable chemical products from waste mixtures. Using these systems, you can recover and reuse solvents from a wide range of processes. Even from composite mixtures with high variability from batch to batch. These Solvent Recovery systems are designed to help you recover more from your manufacturing process and waste less. So it is also called as Waste Recovery System.

crude oil futures slipped because of job cuts

2009-09-02T22:50:00.001+05:30

U.S. crude oil futures slipped on Wed (Sep2) as a report on private employer job cuts pressured oil futures and
equities while elating the dollar. Crude oil futures were knocked lower on Tuesday by concerns about bank failures
and economic recovery, and the market was awaiting government inventory data due Wednesday morning after
industry figures showed crude supplies fell sharply last week. U.S. private employers cut 298,000 jobs in August,
fewer than a revised 360,000 jobs cut in July but more than the 250,000 job cuts predicted by analysts, a report
by ADP Employer Services said on Wednesday.

 The ADP report caused the dollar to strengthen against the Euro/USD and pressured U.S. equities at the open.
The American Petroleum Institute (reported Tuesday that crude oil stocks fell 3.2 million barrels in the week to
Aug. 28.Gasoline stocks fell 2.8 million barrels and distillate stocks rose 920,000 barrels.

Today's(Sep 2) market movement

2009-09-02T22:19:00.003+05:30

Today’s market trend was choppy as global markets exhibited weakness and U.S. index futures trended lower in the middle of fresh concern about the health of the U.S. financial sector. Though economic reports from some part of the world were fairly positive, investors remained highly unwilling to build up positions today. There were a few rallies because of the selective stocks and made the situation to sell during every rise.

The Sensex, which opened nearly 70 points down and dropped down to 15,392.68 in early trade, rose to 15,628.10 a few min before noon, but failed to sustain at higher levels and fell into the red again. The barometer eventually ended the day at 15,467.46 with a sharp loss of 83.73 points or 0.54%.The Nifty index of the National Stock Exchange (NSE) closed lower by 17 points or 0.37% at 4608.35. In intra-day trading, the Nifty touched a low of 4576.60 and high of 4650.45.Information Technology (IT) stocks had a fairly good session thanks to a weak rupee. Select Pharma, FMCG and oil stocks moved up sharply. Realty, auto and capital goods stocks failed to hold gains and ended with notable losses. Power, bank and metal stocks were mostly subdued today.

New cars from Hyundai@2.63lakh

2009-09-02T22:12:00.002+05:30

India's 2nd largest car maker Hyundai Motors India on Wednesday launched a new range of its flagship Santro car, priced between Rs 2.63 lakh and Rs 3.48 lakh."Santro has been a amazing success in India right from the start. The new Santro models has been designed with luxurious interiors and enhanced exterior features to further improve its appeal to the customers", Hyundai Motors India (HMIL) Managing Director, H S Lheem said in a statement. Hyundai has so far sold about 15 lakh units of Santro in the country. The new model under Santro Non-Ac is priced at Rs 2.63 lakh, while Santro GL and GLS are priced at Rs 3.28 lakh and Rs 3.48 lakh respectively. The LPG variant of Santro GL is priced at Rs 3.49 lakh, whereas the LPG variant of Santro GLS is priced at Rs 3.69 lakh.Usually in india most of the peoples used to opt for LPG variant cars only.this is a good move from Hyundai to increase there market gap in small car industry in india.

Gujarat Apollo - Dividend

2009-08-19T19:52:00.002+05:30

Scrip Code:522217
Company:Gujarat Apollo Industries Ltd
Gujarat Apollo Industries Ltd has informed Bombay Stock Exchange(BSE) that a meeting of the Board of Directors(BOD) of the Company will be held on Monday, August 24, 09, to consider the Audited Financial Result for the year ended March 31, 09 and to consider the declaration of Dividend and any other business if any.

SENSEX - The Thermometer of Indian Capital Markets

2009-08-19T19:48:00.001+05:30

SENSEX, first compiled in 1986, was calculated on a "Market Capitalization-Weighted" methodology of 30 component stocks on behalf of large, well-established and money-wise sound companies across key sectors. The base year of SENSEX was taken as 1978-1979. SENSEX today is widely reported in both domestic and international markets through print as well as electronic media. It is scientifically designed and is based on internationally accepted construction and evaluation methodology. Since September 1, 2003, SENSEX is being calculated on a free-float market capitalization methodology. The "free-float market capitalization-weighted" methodology is a widely followed index assembly methodology on which greater part of global equity indices are based; all major index providers like MSCI, FTSE, STOXX, S&P and Dow Jones use the free-float methodology.The expansion of the equity market in India has been extraordinary in the present decade. Right from early 90s, the stock market witnessed heightened activity in terms of various bull and bear runs. In the late 90s, the Indian market witnessed a enormous fury in the 'TMT' sectors. More recently, real estate fixed the fancy of the investors. SENSEX has captured all these happenings in the most judicious manner. One can recognize the booms and busts of the Indian equity market through SENSEX. As the oldest index in the country, it provides the time series data over a fairly long period of time (from 1979 onwards). now, the SENSEX has become one of the most prominent brands in the country.

Glenmark's drug fails in their clinical trials

2009-08-19T19:29:00.000+05:30

Switzerland based Glenmark Pharmaceuticals is a subsidiary of Glenmark Pharmaceuticals India (GPL) said that its molecule under development Oglemilast has failed to give up positive results in clinical trials for Chronic Obstructive Pulmonary Disease (COPD), a sharp form of smoking induced lung disease.Glenmark had licensed the potential drug to US-based Forest Laboratories, who was conducting clinical trials to develop the drug for COPD and asthma.
“Oglemilast is an orally administered PDE 4 inhibitor, which we consider to be an important and novel therapeutic target for COPD. We are, of course, disappointed that Oglemilast has not been successful in this study,” said Howard Solomon, Chairman and Chief Executive Officer of Forest Laboratories.this molecule is also undergoing trials to check if it can be useful in treating asthma. "The results are expected during the 1st quarter of 2010. We are considering together with Glenmark what further action would be helpful or suitable," said Solomon.

Gold- 2nd quarter on positive trend

2009-08-19T19:14:00.001+05:30

India’s gold demand drooping 38 % in the 2nd quarter of the current calendar year on consumers abstaining from fresh orders due to prices repeatedly hitting record high.

As per the most recent report by the World Gold Council (WGC), gold demand in the 2nd quarter was recorded at 109 tonnes in the quarter ended June this year as compared to 175.1 tonnes in the corresponding quarter last year. Jewellery and net retail investment demand plunged by 31 % and 56 % to 88 tonnes and 21 tonnes, respectively.
Gold’s demand in the recession - hit economies including the US and EU recovered in the 2nd quarter which was well supported by the about 40 % spurt in overall Chinese consumption, thereby, showing a recovery in worldwide retail investment demand of 12 % at 165.7 tonnes.While global jewellery demand slipped by 22 per cent at 404.1 tonnes thus, taking an overall utilization at 569.7 tonnes in the 2nd quarter of the current year, 14 % lower than the same period previous year.but gold demand in India improved from the exceptionally weak level witnessed in the previous quarter, but remained well below of the level in the corresponding quarter of the previous year.

India’s biggest bid- land deal

2009-08-19T19:09:00.001+05:30

BPTP outbid DLF for a area of land in Noida near Delhi with a Rs 5,000-cr offer. BPTP quoted the highest sum for the site -- Sector 94 running along the Noida and Greater Noida Expressway -- bidding at Rs 1,30,207 per square metre, followed by the country’s largest real estate company DLF which quoted Rs 1,17,000 per square metre and Omaxe at Rs 80,100 per square metre. BPTP’s winning bid was nearly 70% more than the reserve price of Rs 2960 cr for the land parcel. But the deal was called off after BPTP failed to arrange funds to finish the deal.

No issues in telecom services because of BSNL Strike

2009-08-19T19:02:00.002+05:30

The 2 day BSNL strike had no impact on telecom services on the first day on Wednesday. According to an official press release, sufficient arrangements have been made to make sure stress-free telephone services to the customers. A control room has been set up in Delhi to monitor the situation and similar control rooms are operated at state and district headquarters. Responding to the demands of the striking employees, official sources said, the demand of amalgamation of Group-A officers is likely to be finalized soon. An official spokesman claimed only 2,400 executives out of 55,000 were on unauthorized absence since Tuesday night. The spokesman said the processes of wage revision of non-executive employees are already in progress and claimed that only 50% of the employees of this group are with the association that has gone on strike.

New stock picks for Aug 09

2009-08-18T17:43:00.004+05:30

Name of the scrip: GSPL futures
Target :Rs 90
BUY/SELL :BUY
Stop loss :Rs 72

Name of the scrip:Adlabs
Target :Rs 328
BUY/SELL :BUY
Stop loss :Rs 308

About Jindal Cotex Ltd

2009-08-18T17:38:00.001+05:30

Jindal Cotex Ltd is incorporated in 1998, Jindal Cotex Limited is in the big business of manufacturing of Acrylic, Polyester, and Polyester-Viscose, Polyester Cotton, combed and carded yarns, which are suitable for apparels, suiting’s & knitted fabrics.Jindal Cotex has installed capacity of 23,472 spindles for acrylic, cotton blended and polyester yarns. Company produce and sell yarns under the trade name 'JINDAL'.Jindal Cotex has also installed and specially made a Suzlon make Wind Electric Generator (Wind Mill) of 1250 KW capacity at Pithla-Satta-Gorera in Distt. Jaisalmer, Rajasthan. The entire power generated through this wind mill will be sold to Ajmer Vidyut Vitran Nigam Limited.

Jindal Cotex Ltd IPO

2009-08-18T17:35:00.001+05:30

Jindal Cotex Ltd IPO

Details of IPO

Open: August 27,2009 to September 01, 2009
Type: 100% Book Built Issue (Initial Public Offer IPO)
Size: 1,24,53,894 Equity Shares of Rs. 10/-
Face Value: Rs. 10/-
Price: Rs 70/- to Rs 75/-
Max Subscription Amount for Retail Investor: Rs 100,000/-
Listing: Both BSE and NSE
Lead Manager: Saffron Capital Advisors Private Limited
Registrar: Bigshare Services Private Limited (Ph: +91-22-28470652 Email: ipo@bigshareonline.com)

DIRECT SAT TV for your business

2009-08-18T17:20:00.002+05:30

Nowadays, you can see compact satellite dishes installed on rooftops all over the United States and this satellite dishes are getting popular from other countries also. Drive through rural areas beyond the reach of the cable connections, and you'll find dishes on just about every house. Did you heard about DIRECT SAT TV? No problem. I got some information from my friend who is using this Direct Sat TV for his business and he is making good profit with the help of this Commercial Direct TV concept.

I would like to share the information with you people so that you can also make use of it. Do you know what is mean by Direct TV Business? DIRECTV offers a wide variety of programs to create the perfect environment for your business, including sports, music, news and more. This is called as Direct TV Business. For business’s such as Salon, Bar, Casino, Lounge, Bank, office, Retail store, Gym can use this Direct TV Business for improving there business.

Direct Sat TV has many advantages compared to cable TV. Though satellite TV technology is still evolving, it has already become a popular choice for many TV viewers. There are lot of differences between the satellite TV from cable and over-the-air broadcast TV. They are promising of the high quality picture and sound.

DIRECT SAT TV is the one of the most important authorized dealer and they have different Programming categories such as ARTS & ENTERTAINMENT,FAMILY & CHILDREN,HD PACKAGE,MOVIES,MUSIC,NEWS,SPORTS and etc…Depend upon your business you can choose your programming category. Make use of this Direct T V Business and promote your business and make good profit.

FIIs net investment -Rs 264 cr in the domestic stock markets in Aug09

2009-08-16T19:17:00.004+05:30

FIIs have made a net investment of just Rs 264 cr in the domestic stock markets in Aug 09.Analysis of FII actions in the Indian stock markets shows that overseas investors are, so far in August, a net purchaser of domestic stocks worth Rs 264.6 cr. FIIs made a gross purchase of shares worth Rs 22,821.2 cr, while they sold equities valued at Rs 22,556.6 cr, resulting in a net investment of just Rs 264.6 cr, according to the data available with market regulator Securities and Exchange Board of India (SEBI).

However, it seems that during the period under review, the Indian debt market became a preferred choice for overseas investors as the segment attracted a net investment of nearly 2,200 cr. FIIs, so far this month, have made a gross buy of Rs 4,939.90 cr in the debt market, while they pulled out a gross Rs 2,742 cr from the sector, which resulted in a net investment of Rs 2,197.90 cr, according to the SEBI’s data.

In recent sessions, Indian stock markets witnessed unstable trading and during the same period, the BSE’s benchmark index fell 1.65%.According to the SEBI data, so far this year, FIIs' inflow in stock markets has crossed Rs 35,000 cr.However, this year in the debt market, they have still not turned a net buyer. Till now, they are net sellers of debt instruments worth Rs 1,145 cr.

Indian ADRs loss $1.44 b in 1 week

2009-08-16T19:06:00.001+05:30

Indian stocks trading on American bourses lost over one billion dollars last week, with IT bellwether Infosys accounting for more than half of the total loss. For the week ended August 14, Indian entities listed on two US bourses --the New York Stock Exchange and Nasdaq-- shed $1.44 b from their total market capitalization. Infosys' valuation alone plunged by $961 m.Besides Infosys, two other major losers were banking majors -- ICICI Bank and HDFC Bank. Two lenders, in total, lost $673 m.

The valuation of telecom firm MTNL fell by nearly $76 m, while that of drug maker Dr Reddy's declined by $55.6 m. Besides, outsourcing firms WNS Holdings and EXLService too witnessed an erosion of $50 m in their midcap. The pack of losers includes IT firms Mahindra Satyam and TCS which shed $13.40 and $4.4 m respectively. Rediff.com declined by nearly $5 m.Apart from that Wipro, auto sector Tata Motors and Sterlite were among the pack of six companies, which gained during this week.

Sterlite Industries led the gainers pack and added $134 m in its market capitalization, whereas Wipro and Tata Motors added $74 and 58 m, respectively.On Friday(Aug 14^th), the US markets ended in the red with the Dow Jones Industrial Average (DJIA) settling down by 0.82 per cent to 9,321.40 and S&P 500 ended at 1,004.09, down 0.85 per cent. Besides, tech heavy Nasdaq by fell 1.19 per cent to 1,985.52 points.

sensex last week and next week

2009-08-16T18:54:00.001+05:30

The short-term tendency is down since the recent peak of 15,940. The downward setback from 15,545 last week reinforces the negative short-term view as does the 10-day ROC’s decline in to the negative zone. We maintain a neutral medium-term view with the possibility of a move between 13,000 and 16,000 for a few more weeks.

Decline below 14,244 will make the Sensex head towards the medium-term support zone between 13,000 and 13,200. Long-term investors however need not worry unless there is a weekly close below 13,000.

The week ahead promises to be uneven. The Sensex can decline to 14,741 or 14,244 in the near-term. Short-term investors can hold their long positions as long the index holds above the second support. The short-term trend will turn positive if there is a close above 15,600 in the early part of the week. Upward target would be 16,002, 16,179 and 16,421

trade show exhibits specialist Camel back displays

2009-08-12T15:11:00.001+05:30

Now a days everybody is thinking about starting a business and after starting they are start thinking How to make profit in business? How to maximize it? This is one of the important question came out of all marketing and business persons mind. one of the important way to promote our business is advertisement. there are lot of types are there in advertisement. I am going to describe you one of the best way. Participating in exhibition or trade show exhibits type of advertising is one of the best way to promote your business.

At the same time our table top display should have a nice look, so that customers will get noticed and attracted towards our stall, then will we will get some customers and we can make some money out of our business and we can maximize our profit also. For getting this table top display what we have to do?
No problem at all. Camelback displays is the one of the best company to provide trade show exhibits, table covers and table top display. they are very professional and they have very good customer base and design engineers also They have experienced workers, skilled designers, craft man.
They are making custom printed table covers also. When customer is coming to our stall, he will sit in front of the table .so table covers play an important role in exhibition. All our company logo mark, artwork with different colors and text message printed on them. Camelbackdisplays are one of the leading trade show exhibits makers. They have a new type of attraction called directors chairs. directors chairs is nothing but a chairs with our advertisement message or logo printed on it. so when customers sitting in the chairs they will look into it. this will also help you to promote your business.

Sun pharma got US FDA Approval

2009-08-12T13:04:00.003+05:30

Sun Pharma ltd has announced that US FDA has granted approvals for two ANDAs, generic version of Eloxatin, oxaliplatin for injection and generic version of Imitrex, sumatriptan succinate tablets.this is really the great milsstone for sun pharma and they have achieved it.From this approval they will be able to make good results in the coming quarters. Also announced that it will share 180days exclusivity for generic version of Eloxatin. Oxaliplatin injections have annual sales of approximately $2.3 billion in the US.
Oxaliplatin is an anticancer used in the treatment of colon and rectal cancer. Patent on the Eloxatin is set to expire in 2013.
We believe the news of 180 share exclusivity on Eloxatin is a positive surprise and could lead to 3-4% upside to our Target Price. However, at Rs1,206 the stock is trading at 19.4x FY2010E and 16.3x FY2011E earnings.
We recommend a NEUTRAL on the stock as we believe the US FDA issue is unlikely to get resolved soon and will impact the company’s US business (lower sales of distributed products and further inventory write downs) and would continue to be an overhang on the stock.

Mphasis plan to acquire AIG Systems Solutions

2009-08-12T12:55:00.004+05:30

India's one of the leading IT and BPO services provider Mphasis today said it is set to acquire AIG Systems Solutions (AIGSS), part of the troubled insurance giant American International Group Inc(AIG), for an undisclosed amount.
Mphasis has reached a definitive agreement to acquire AIG Systems Solutions, an India-based provider of information technology services and solutions to AIG companies worldwide, Mphasis said in a filing to the Bombay Stock Exchange(BSE).
The company, however, did not disclose the exact financial details of the deal.
"This acquisition gives Mphasis the depth and breadth for us to be the preferred partner of choice in their IT transformation," Mphasis President Applications Services Business Unit Gopinathan Padmanabhan said.
The transaction is subject to legal and statutory requirements.
The script of Mphasis reacted positively to the news and increased over 4 % in morning opening trade to Rs 522. It was later trading at Rs 503, up 0.54 % on the Bombay Stock Exchange(BSE).

Best fulfillment services company

2009-08-12T12:45:00.002+05:30

Those who are doing some business, they are struggling for many things such as warehouse problem, inventory and assembling unit problem like that. There are lot of third party companies are taking care of warehousing, assembly and fulfillment services such as order fulfillment, now I am going to describe about one of the third party company named AMS. AMS is taking care of all company related logistics work and other assembling and etc…

What is AMS? AMS means Advantage Media Services (AMS).one of the leading third party company for warehousing. Their approach is really different from others. Customers or clients very special to them their satisfaction is more important than money .AMS is not only concentrating on Warehousing, apart from this they are in assembly, fulfillment services, inventory management. They help their clients succeed by staying within budget, and taking great care of the clients' inventories.

AMS is having some advanced operating systems, refined processes and controlled overheads to keep expenses within budget and inventory safely protected from losses and damages. AMS is the one and only warehousing and fulfillment services company that offers On Guard Inventory Protection, a safeguard for total inventory management and product fulfillment precision.They offers solutions for both Business-to-Business (B-2-B) and Business-to-Consumer (B-2-C) clients, including Pick and Pack, Product Fulfillment and Distribution, Pack-out / Assembly, Order Management, Inventory Management, Logistics and Returns Processing services.

Buy Corporation bank Target:450

2009-08-08T14:21:00.002+05:30

We maintain our Buy recommendation on the stock with revised price Target of Rs450.see the highlights of the quarter results of corporation bank
Corporation Bank has reported a healthy set of numbers for Q1FY2010, well ahead of our estimates (both at top line and bottom line fronts), led by robust treasury gains, stable margins and healthy business growth during the quarter. The bank reported a net profit Rs261.3 cr, up by 41.8% year on year (yoy), which is well ahead of our expectations.

The net interest income came in at Rs467.5 cr, up by 23.7% yoy and 9.2% quarter on quarter (qoq) on account of healthy 21.6% year-on-year (y-o-y) advances growth coupled with stable net interest margin at 2.26% (reported), up marginally by 7 basis points qoq.
The non-interest income increased by staggering 128% yoy to Rs359.3 cr mainly driven by strong treasury gains during the quarter. The bank recorded treasury gains of Rs185.4 cr in the quarter, a stupendous 46 times higher than that of Rs4.5 cr in Q1FY2009. Furthermore, leveraging of strong technology platform and better pricing of banking services resulted in a robust 38.3% y-o-y growth in core fee income.
The operating expenses grew by 19.1% yoy and 3.6% qoq to Rs255.6 cr led by 23.4% yoy and 11.6% sequential increase in staff expenses. Meanwhile the other operating expenses grew by 15.8% yoy.
The provision expenses grew sharply by 53.7% yoy to Rs155 cr as the bank utilized high treasury gains to shore up its loan loss coverage. The non-performing asset (NPA) provisions increased sharply by 71.4% yoy to Rs60 cr during the quarter. Meanwhile the other provisions spiked up to Rs66 cr from Rs5 cr in Q1FY2009, as the bank made provisions worth Rs53 cr towards wage revision and Rs13.5 cr towards sacrifice in restructured accounts.
The asset quality deteriorated during the quarter, as the gross non-performing assets (GNPA) increased by 6.3% yoy and 9.4% qoq to Rs611.6 cr. In tandem the GNPA in percentage terms (% GNPA) inched up to 1.29% in the quarter versus 1.14% in Q4FY2009, while the percentage of net non-performing assets (% NNPA) stood at 0.32% in the quarter under review vis-à-vis 0.29% in the previous quarter. Driven by higher loan loss provisions made during the quarter, the provision coverage ratio improved to 78.6% from 75.8% in the previous quarter.
During the quarter, the bank restructured loans worth Rs1,362.6 cr, slightly higher compared with Rs1,280.3 cr worth pending applications for restructuring as on March 31, 2009. The total restructured assets now stand at 5.1% of the total outstanding loans, which is largely in line with the quantum of restructuring done by its peers.
The business growth during the quarter was healthy and well ahead of the industry growth. The advances grew by 21.6% yoy to Rs47,378 cr, while the deposits grew much faster at 31.8% yoy to Rs72,127 cr. However, the current account and saving account (CASA) deposits fell sharply by 27.6% sequentially, thereby leading to an over 800 basis point sequential and 400-basis-point y-o-y contraction in the CASA ratio to 23.3%.
As on June 30, 2009, the bank remains well capitalized as its capital adequacy ratio (CAR) improved to 16.29% (as per Basel II), with a tier-I ratio of 9.63%. Corporation Bank by far has the best capital adequacy among its peers and a strong tier-I ratio leaves the bank with ample headroom to raise tier-II capital.

We have revised our earnings estimates upwards for FY2010 and FY2011 by 8.4% and 4.9% respectively to factor in robust treasury gains, strong core fee income growth and higher-than-expected business growth. At the current market price of Rs368, the stock trades at 5.2x FY2011E earnings per share (EPS), 2.5x FY2011E pre-provisioning profit (PPP) per share and 0.9x FY2011E adjusted book value (ABV) per share.

Govt to release Rs 2,546-cr subsidy for textiles in 3 days: Maran

2009-08-08T14:15:00.002+05:30

The Government, on Thursday, announced the immediate release of a subsidy of Rs 2,546 cr for the textile industry under the Technology Up gradation Fund scheme (TUFs) to support its modernization efforts for meeting market challenges and enabling it to stay competitive in quality and price.

Announcing this at a news conference here, the Union Textile Minister, Mr Dayanidhi Maran, said it is for the first time that such a large amount of subsidy is being released in a single shot. He said the amount would be credited to bank accounts of beneficiaries in the record time of 3 working days. With this release, the subsidy would be cleared up to June 30, 2009. In 2008-09, the Government released Rs 2,632 cr under the scheme.

Under TUFS, the Government extends 10 per cent capital subsidy and 5 % interest subsidy on installation of machineries and for giving out machinery as well by the various segment of the textile industry.As Rs 3,150 cr has been provided in the Budget for release to the industry under the scheme, Mr Maran said with the release of the bulk amount now, the Ministry of Textiles would seek the intervention of the Prime Minister and the Finance Minister for more funds to the industry for the remaining part of the fiscal. Out of the total subsidy of Rs 2,546 cr, Tamil Nadu corners the substantial chunk of Rs 643 cr by 3,286 applicants, followed by Maharashtra at 1,186 applicants for Rs 637 cr, Punjab for Rs 352 cr by 1,543 applicants and Gujarat at 4,051 applicants for Rs 275 cr.

The Minister also announced the setting up of a 41-member Group under the Chairmanship of the Textiles Secretary, Ms Rita Menon, to came out with a National Fibre Policy, designed to make India self-sufficient in fibre utilization and export requirements. He said the Group has been given a command to come out with a report within 3 months.

Maruti Suzuki plans to enhance its services

2009-07-30T18:34:00.001+05:30

Maruti Suzuki is servicing over 10 lakh cars in a month, so to achieve this Maruti Suzuki is going to take various initiatives, mainly focusing on three major aspects as follows
1) skilled manpower,
2)system improvement
3)innovative practices à to upgrade the land area. Maruti Suzuki crossed the 10 lakh cars mark in May monthof this year for the 1st time, a senior company official said. our strategy is to increase service productivity as well as service quality at service workshops," Maruti Suzuki India Executive Officer (Service) Pankaj Narula said. The company has a network of 2,774 service workshops across 1,319 cities and it has upgraded around 600 dealer workshops to its specially designed Express format, while over 640 are 2-Tech workshops.

GM looking forward in India

2009-07-30T18:30:00.000+05:30

Bankrupt US carmaker General Motors(GM) on June 5,2009 said India is one of the "very important" markets that held the key to its turnaround and said it hoped to achieve a double digit share by 2010 on the back of higher sales of mini cars. The company's Indian subsidiary, that will introduce two new model cars in the coming months, also plans to start export of a new mini car to Europe and Asia Pacific by the end of 2010 that will further boost its sales and revenues in the global markets. "US, China and India are among the key markets for the new General Motors(GM) that has been formed after bankruptcy. While home market United States is certainly the most important, China is uniformly important as it is big in numbers where we sold one million units of cars. India is also key as opportunities here are similar," Karl Slym, president of GM India, said. It hopes to achieve a 10% growth in India sales this year, has started a series of new campaigns to sign the negative effects of the bankruptcy news.

Suzlon paying final due for REpower Systems

2009-07-30T18:28:00.001+05:30

One of the leading Indian wind turbine maker Suzlon said on June 6, 2009 it has completed buying Martifier's stake in Germany's REpower Systems for $122 m.
In a notification to the Bombay Stock Exchange(BSE), Suzlon Energy, the world's fifth-biggest wind turbine maker, said after the completion of this deal, it now holds 90.72% of shares and voting rights in REpower Systems."The achievement of the purchase of Martifer's stake in REpower is a big milestone for Suzlon," Tulsi Tanti, chairman and managing director of Suzlon Energy, said in a statement.

GOLD STATUS FROM COUNCIL

2009-07-30T18:24:00.002+05:30

The Gold rate was not at all stable as we knows,Its keep on fluctuating for some days and its increasing only.Spot gold failed to follow-through above $960, retreating to test support at $925. The long tail, however, indicates buying support. Failure of this level would test $900, while recovery above $950 would indicate another test of $1000 — confirmed if price rises above $960. In the long term, breakout above $1000 would signal a primary advance with a target of $1100*, while failure of support at $900 would test primary support at the April low of $865.
* Target calculation: 1000 + ( 1000 - 900 ) = 1100
The Gold Miners Index [GDX] respected resistance at $40 — a bearish sign for gold. Twiggs Money Flow (13-Week) bearish divergence indicates strong selling pressure. Downward breakout from the trend channel (below $35) or TMF reversal below zero would warn of a primary trend change and a similar outcome for the yellow metal.

Airline industries in trouble: continuous decline

2009-07-30T18:19:00.001+05:30

Already Airline industries lost their profit in the last few quarters and demand for air travel could decline further in spite of signs of a more stable global economy, and prediction of a recovery this year look dull, Air industry executives said at a meeting of the world's airlines on June 7th 2009. Airlines have been suffering from weaker demand because of the financial crisis and have also been upset by the sharp variation in oil prices in the past year.
"I think it's probably going to get worse," Rob Fyfe, chief executive of Air New Zealand, told press in an interview on the sidelines of an International Air Transport Association (IATA) board meeting.
The bearish comments difference with the more positive outlook from some global policymakers and economists about a global recovery in the wake of latest data such as the slowing pace of U.S. job losses.

ONGC joint venture with cairn

2009-07-30T18:15:00.002+05:30

Oil & Natural Gas Corporation (ONGC) has approved a Cairn India plan to increase investment into their jv(joint venture) Rajasthan oilfields, media The total cost of developing the three oil fields, in which the Indian unit of Britain's Cairn Energy owns 70 percent, has increased to $3.8 billion from $2.93 billion, ONGC would invest $350 million more into the fields operated by Cairn India.
India is Asia's third-largest oil consumer. It imports 70 percent of the oil it consumes and is keen to tap domestic reservoirs to help bring down its dependence on imports.
The revised investment plan for Mangala, Bhagyam and Aishwariya oilfields includes $940 million for a pipeline to send away the crude to coastal part of Gujarat.ONGC owns the remaining 30 % in the venture and it has to pay the royalty on the entire crude oil production. The state-owned refiner will ask the Indian government to pay back the royalty payment it has to pay for Cairn as the new plan is economically unviable.