25 November 2007

Blog Round-up and Job alerts

Investment Banking Openings in Singhi Advisors
Positions open are:
1)Vice President - Investment Banking
2)Assistant Vice President - Investment Banking

more@Investment Banking Openings in Singhi Advisors

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Equity Analyst Openings in Capmetrics
Equity Research Analyst:The job involves equity and investment banking research, to organize, analyze, synthesize/ summarize data and information using appropriate analytical methodologies, submission of analysis as per client desired format. (spreadsheet, PowerPoint etc.)

More@Equity Analyst Openings in Capmetrics
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Multibagger Stock Pick-Hindustan Zinc

Multibagger Stock Pick-Karuturi Networks Ltd.

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Indian Stock Market
Get daily free tips on scrips.

http://www.nse-bse-sharetips.blogspot.com

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SRF Polymers Open Offer Price fixed

Kolte Patil IPO Grey Market Premium

Mundra Port IPO Allotment Status and Listing Date

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Mundra Port & SEZ IPO Listing on 27th November 2007

Simplex Infra secures 580 crore order from Dubai port world

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Source:
www.kpowave.blogspot and same blogger/author's other blogs sources.
www.bullishindian.com and www.bsensedaily.com

We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Economic Times Headlines

The Economic Times.com

India joins trillion-dollar economy club
ADAG seeks to raise Reliance Power IPO face value to Rs 10
Over six lakh millionaires in ten Indian cities
Rupee rally adds $40 bn to billionaires' kitty

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Commodity hedging crosses Rs 4,500 cr-mark
Investors compete to be a part of India growth story
Decisions steering Telecom toward high growth: Raja
Tata moves into pole position to buy Jaguar, Rover
Murugappa Group to invest in Singur for Tata small car project

Saudi realty firm plans $3 bn investment in India
PSU shares market cap zooms
RIL nets Rs 3,843 cr from RPL shares
ADAG to raise Reliance Power IPO
UCO Bank plans Rs 450 cr FPO
Urban Ministry wants Rs 2.6 lakh cr


Air India incurs losses of Rs 448 crore
Indian may post Rs 250-crore loss
Jet Li hits record with $13 mn paycheck
Quipo Infrastructure to invest Rs 2,000 cr
Future Group's logistics arm to invest Rs 400 cr
Bull run can fetch good dividends even for PSUs
IIM-C annual fest to provide base to new entrepreneurs

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Source: http://www.theeconomictimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Empee Distilleries to list around Rs 430-500

Empee Distilleries to list around Rs 430-500


Chennai based, Empee Distilleries will list on the bourses on Monday, November 26, 2007. The offer price has been fixed at Rs 400 per share.
Investment Advisor, S P Tulsian said, "Empee Distilleries is likely to list at Rs 430 as against the issue price of Rs 400. Buying is advised upto Rs 430 while profit booking may be made above Rs 450. Share is a good bet for medium term."
"Empee is expected to list at around Rs 450-500. One should book profits", according to R S Iyer of K R Choksey Securities.
The company had entered capital market with a public issue of 48,00,000 shares of Rs 10 each priced Rs 350-400 per share and its issue had subscribed 6.87 times.
It proposed to part-finance its expansion from the net proceeds. The company plans to set up 60 klpd grain based distillery and blending & bottling Indian-made-foreign-liquor plant with capacity of 0.07 lakh cases per month in Nellore, Andhra Pradesh. It plans to expand the existing distillery in Mevalorkuppam.
The company will also set up 7.5 MW biomass based power plant in Aranthangi, and develop 2 lakh square feet of residential space at Mevalorkuppam, in Tamil Nadu.

More @ www.moneycontrol.com



Source: www.moneycontrol.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

VC,PE Updates from Indiape.com

PE investors betting big on natural resources cos
Khodays plans to acquire Australian winery for $50 mn

Amit Bhatia eyes 3 PE firms
ACK Media acquires Amar Chitra Katha and Tinkle

Firefly eVentures acquires Desimartini.com
Capital18 picks stake in Webchutney

George Soros fund buys stake in India's Future Capital Holdings
Tata Capital likely to buy 32% stake in Precision Cam

PE deals double in H2, valued at $13.62 billion
JC Flowers buys 36% in Sicom for Rs 350 crore

Essel Sports to raise Rs 200 crore, divest 25 percent to PE funds
PE, hedge funds bought 10% stake in Argentum

Global players line up $25 b for Indian realty pie
Indiareit to Invest in Luxury Housing Project Outside Mumbai
India's Fortis Financial buys 76 pct of Australia's Capital Market Solutions


More news @ www.indiape.com



Source: http://www.indiape.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

BusinessLine.in Stories

www.businessline.in


India is hot for global realtors
Reliance gains a billion $-lift
FIFA signs up Satyam for World Cup

Tatas roll out millionth car on Indica platform
PE investors betting big on natural resources cos
Realty emerges top grosser in IPO mop-up

The multi-baggers from 10k to 20k
Construction equipment — Building on the boom
‘Clear sub-prime picture may emerge only next year’

Index Outlook
Jyothy Labs (IPO): Invest at cut-off
Saregama India: Hold

Apollo Tyres: Buy
‘ULIPs offer flexibility and protection’
Dredging Corporation: Book Profits

Query Corner
Fund update /Fund Talk
Prominent bulk deals on NSE & BSE

Baskets of X
Bull's Eye
Nifty: Decisive direction soon

Standard Chartered Premier Equity: Hold
HSBC Midcap Equity: Hold
Reliance Pharma beats sluggish phase for pharma funds
In big league / Wild card


More@ http://www.thehindubusinessline.com


Source: www.businessline.in. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

24 November 2007

Know About: China Mobile, Vodafone

China Mobile

China Mobile Communications Corporation (Chinese: 中国移动通信, Hanyu Pinyin: Zhōngguó Yídòng Tōngxìn) (SEHK: 0941, NYSE: CHL), also known as China Mobile or CMCC, is the largest mobile phone operator in China. It is the world's largest mobile phone operator ranked by number of subscribers, with over 349.66 million customers [1] (as of end of September, 2007). By turnover it is second to Vodafone, which owns 3.3% of China Mobile. It is now the largest market capital company listed in the Hong Kong Stock Exchange, which exceeds that of HSBC. China Mobile is also fifth in the BrandZ ranking. A state-owned enterprise of the People's Republic of China government, it was spun off from former monopoly China Telecom in 1997, and now has a 67.5% share of the competitive mainland Chinese mobile market. China Mobile also owns Paktel in Pakistan. China Mobile is the largest company registered in Hong Kong and it is headquartered on Queen's Road.

more@ http://en.wikipedia.org/wiki/China_Mobile


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Vodafone

Vodafone Group Plc is a mobile network operator headquartered in Newbury, Berkshire, England, UK. It is the largest mobile telecommunications network company in the world by turnover and has a market value of about £84.7 billion (July 2007). Vodafone currently has equity interests in 27 countries and Partner Networks (networks in which it has no equity stake) in a further 40 countries. The name Vodafone comes from Voice data fone, chosen by the company to "reflect the provision of voice and data services over mobile phones."[1]
At 31 January 2007 Vodafone had 200 million proportionate customers in 27 markets across 5 continents.[2] ("Proportionate customers" means, for example, that if Vodafone has a 30% stake in a business with a million customers, that is counted as 300,000). On this measure it is the second largest mobile telecom group in the world behind China Mobile. The eight markets where it has more than ten million proportionate customers are the United Kingdom, Germany, India, Italy, Spain, Turkey, Egypt and the United States. In the U.S., these customers come via its minority stake in Verizon Wireless, and in the other seven markets Vodafone has majority-controlled subsidiaries.

more@ http://en.wikipedia.org/wiki/Vodafone



Source: http://en.wikipedia.org. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Most Respected Companies Survey : BusinessWorld

Most Respected Companies Survey

Financial success or altruism alone is not enough to command respect. Indian companies are trying to strike the right balance.
JEHANGIR S. POCHA
Some sitting atop rickety buses, some cramped together in cabs, some perched precariously on overloaded rickshaws, and others walking cheerfully in groups through sun-burnt streets. The annual general meeting of Reliance Industries is the Haj many of the company’s million-plus shareholders make with religious zeal — and for good reason. No other company has enriched so many shareholders by so much in India’s history. So it’s significant that ever since BW commissioned the Most Respected Companies survey in 1983, Reliance has never been able to shake off the accusations that plague it and win the crown of respect. If Mukesh Ambani needs any consolation beyond the $10 billion addition in his notional wealth this year, he should consider that one eruption in Singur has been enough to fracture the painstakingly acquired reputation of his rival Ratan Tata’s Tata Motors

more @ http://www.businessworld.in/content/view/2781/2860

Articles:

The Top Three

Murthy’s View From The Top / Bharti Airtel: Towering Ambition
Reliance Industries: Big Brother


The Other Top Seven

Two For The Road: Maruti Vs Tata / An Account Of HDFC Bank’s Fall
RCOM: Call Of The Wild / Bennett, Coleman & Co: High Times
Kingfisher: A Merry Flight / The Tatas: Keepers Of Conscience

What Earns Peer Respect / Column: Arun Maira /Column: Malvinder Singh
The Pecking Order / MNCs: The Outsiders That Got In /
Methodology: Rules Of The Game


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Source: http://www.businessworld.in . We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

MoneyToday Articles

MoneyToday (Nov 29, 2007)

Some articles in the Issue


Cover Story
Reinvest in your house
Rakesh Rai
The secret to a better deal on your house lies in reinvesting. Read on to find out how small but smart investments can get you manifold returns.

Editor's Note
From the Managing Editor
Rohit Saran

I wish to invest Rs 5 lakh in funds. Advise

MT Insight
Magnum Tax Gain continues to impress
Magnum Tax Gain has been a consistent performer, beating even the best performing fund in the equity-diversified fund category over the past five years.
Energy, metal stocks soar

Portfolio Doctor
Slow, steady & almost there
Hooghly-based Krishnadas Karmakar saves well but must increase equity exposure through mutual fund investments to meet his financial goals.

Stocks
Market watch - November 29, 2007
MONEY TODAY scans dozens of research reports from investment houses every fortnight to present you the six most relevant stock recommendations and a sector analysis.
Exiting markets to re-enter
Go for SBI, ITC, Satyam Computers

Mutual Fund
Tech funds: Buy or sell?
Sameer Bhardwaj and Tanvi Varma
After driving wealth creation for years, tech funds have become a drag now. Should you exit, hold, or buy while they are cheap?
Mathematical stock selection

Your Wallet
Bargain buy: DVD players
MONEY TODAY starts a new section highlighting the least expensive model in a product category. It's DVD players this fortnight.

Small Fortune
Plan your taxes, earn Rs 3.7 lakh
Spread your tax-saving investments over the entire year and you could earn better returns.

Careers
Switching tracks
Rajshree Kukreti
Ram Badrinathan moved from marketing to follow his passion for travel. “It’s like being on a paid holiday 24/7,” he says.

More articles @ http://moneytoday.digitaltoday.in


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Source: http://moneytoday.digitaltoday.in . We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

India hits second spot on entrepreneur rankings

India hits second spot on entrepreneur rankings

More Indians have been bitten by the entrepreneurial bug than before. About 82 Indian companies made it to the Deloitte Technology Fast 500 Asia-Pacific companies this year, compared with 48 last year.

India tied with South Korea for the second spot for the number of entrepreneurs, according to Steven Dow, programme director, Deloitte Asia-Pacific Regional Office. At the number one spot is Taiwan, which had 99 companies in the Deloitte Technology Fast 500 Asia-Pacific list. Compared to India, China trails behind with only 53 companies, while Japan and Australia have 63 and 62 companies, respectively in the list.

The companies that made it to Technology Fast 50 of India have recorded an average three-year revenue growth of 489%. The top five companies have a collective average three-year revenue growth of 1,637%. The fastest growing company in this list was RateGain IT Solutions, a firm providing technology solutions to travel and hospitality industries. The Technology Fast 50 list was dominated by software companies (52%) followed by communications and networking companies (12%).

The rest were internet communications, biotech and pharma firms. According to a majority of the winners, the factor that contributed most to their growth was entering new markets and expanding their customer base. The biggest operational challenge in maintaining this rapid growth was expectedly, finding, hiring and retaining qualified employees.

For India, more than for Asia Pacific and EMEA, the initial funding was mostly through own efforts and resources rather than through venture capital, angel investors or private equity. But more interestingly, a larger percentage difference was in how companies protected their intellectual property. In India, compared to Asia Pacific and EMEA, more companies protected their IP by training their employees to reduce IP theft as opposed to hiring third party specialists to advise on IP protection.


Source: www.theeconomictimes.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Corporate Stories from ET, Myiris.Com

The Economic Times.com

Investor beware: Stay off penny stocks
Chinese whispers fire up Vedanta shares in LSE
Panel on spectrum to meet operators minus BSNL, MTNL
Reliance MF ties up with two banks for product distribution
Vodafone to provide agricultural inputs rates to farmers

RPL tops turnover chart on F&O buzz
Reliance sells stake in subsidiary
Get set as Sensex powers up for 19k next week
Eleven get Citi Micro Entrepreneur Awards
India hits second spot on entrepreneur rankings

Companies rake in big moolah serving NRIs
Khodays plans to acquire Australian winery for $50 mn
Power Grid in joint venture with Reliance Energy
Reliance offloads 4.01% stake in RPL for Rs 4,023 cr
'Om Shanti Om' in UK's top 10

IFC, Sachs among 22 FDI plans OKbd
Stocks you can pick up
BSNL ready for IPO if minister approves
Hackers on prowl: Biggest digital threats in 2008

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Myiris.Com

Essel Mining looks at acquiring coal assets in Indonesia
Govt to mull merger of SBI with SBS
Syndicate Bank plans its third FPO
XL Telecom bags Rs 658 mn order
Videocon Industries eyes Burren Energy


Source: www.theeconomictimes.com and www.myiris.com . We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Weekly Gainers : Rediff.com

Source: www.rediff.com

Some of the Gainers:


Company Prev Close (Rs) Current Price (Rs) % Change
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Jindal Stainless Ltd 170.05 203.50 + 19.67
+
Nirma Limited A 165.90 195.90 18.08
+
D-Link India Ltd. A 84.30 98.55 + 16.90
+
Jindal St & Pwr A 10,545.75 12,096.00 + 14.70
+
Essel Propack Ltd. A 52.85 58.85 + 11.35
+
Omaxe Ltd. A 350.05 378.20 + 8.04
+
Bajaj Auto Ltd. A 2,348.30 2,533.30 + 7.88
+
Apollo Tyres A 36.70 39.50 + 7.63
+
ACC Ltd. A 1,039.65 1,112.90 + 7.05
+
JaiprakashAssociates A 1,520.55 1,625.95 + 6.93
+
Finolex Cables A 83.25 88.60 + 6.43
+
GMR Infrastructure L A 230.30 244.15 + 6.01
+
iGATE Global Sol A 356.25 375.55 + 5.42
+
Polaris Software A 104.45 109.90 + 5.22

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Company Group Prev Close (Rs) Current Price (Rs) % Change
+
Welspun India B1 67.75 102.00 + 50.55
+
Suryalakshmi Cot B1 34.15 46.20 + 35.29
+
India Foils T 13.03 17.34 + 33.08
+
Mukta Arts Ltd. T 110.80 142.50 + 28.61
+
Thomas Cook (I) B1 57.55 73.50 + 27.72
+
Gwalior Chemical Ind B1 72.85 92.55 + 27.04
+
Deccan Aviation Ltd. B1 151.90 191.05 + 25.77
+
Magnum Ventures Ltd. B1 19.00 23.85 + 25.53
+
Rohit Ferro-Tech B1 65.80 82.55 + 25.46
+
Givo Ltd. T 9.54 11.92 + 24.95
+
Abhishek Mills Ltd. B1 42.95 53.25 + 23.98
+
GMR Industries B1 129.95 160.30 + 23.36
+
Kothari Products B1 805.90 991.75 + 23.06
+
Amar Remedies Ltd. B1 33.45 41.10 + 22.87
+
Nucleus Software B1 267.80 327.00 + 22.11
+
Kopran Ltd T 28.70 34.80 + 21.25
+
HEG Ltd. B1 344.40 409.55 + 18.92
+
Orient Informati B1 14.92 17.69 + 18.57
+
Sical Logistics B1 210.55 246.60 + 17.12
+
Suashish Diamond B1 193.00 226.00 + 17.10
+
KPR Mill Ltd. B1 130.20 152.10 + 16.82
+
Mirza International B1 17.90 20.75 + 15.92
+
MRO - TEK Ltd. B1 45.95 53.25 + 15.89


For more@ www.rediff.com



Source: www.rediff.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Wrap up: Sensex loses 4.24% in a week : Myiris.Com

All is well that ends well. All the investors and trader on Dalal street might be thinking this, after witnessing continues loses or downturns for six days from the last Friday (November 16).

The BSE benchmark index, Sensex, carrying its bearish mode of last week Friday opened at 19,895.49 and after trading for some time in positive terrain it shed most of its gains and slipped into the negative terrain. The downturn continued for the next three days of the week and it lost 1,172 points in the first four days of the week, wipping out all the gains it made in the recent past. On the last days of the week for the first time the 30-share BSE Sensex ended on a positive zone, giving some relief to the bogged down investors.

The market rebounded from its on month low on back of decline in inflation figures, recovery in Asian markets and most importantly due to the profit booking, as investors predicted that the recent fall is overdone. Finally after all the ups and downs, it ended on a positive note, giving some relief to the investors and creating a positive atmosphere for the next week.Sensex ended the week on Friday (Nov. 23, 2007) with weekly loss of 845 points or 4.24%, at 18,852.87. On the other hand, NSE closed down 298.25 points, or 5.03%, at 5608.60.

A Recap:On Monday, the 30-share BSE Sensex opened positive at 19,895.49 and traded firm for some time and later the index slipped into the negative due to profit booking. The index touched an intraday high of 19,971.44 and a low of 19,583.97 to close on a negative note.BSE Sensex closed at 19,633.36, down 65 points, or 0.33%, while the broad-based NSE Nifty closed at 5,907.65, up 0.8 points.

The 30-share BSE Sensex opened with a negative gap of 122 points at 19,510.94 on Tuesday and continued to trade in the negative in the initial half an hour of morning trade on the back of selling interest amongst frontliners. The index touched an intraday high of 19,714.22 and a low of 19,196.42 to close on a weak note.BSE Sensex closed at 19,280.80, down 352.56 points, or 1.80%, while the broad-based NSE Nifty closed at 5,780.90, down 126.75 points.

On Wednesday, the 30-share BSE Sensex opened negative at 19,197.57 and proceeded to trade weak throughout the trading session today. The index dropped more than 600 points. The fall was due to continuous profit booking witnessed in frontliners across board and weak global cues. The Sensex finally closed on a dull note by touching an intraday low of 18,515.30. It was the third biggest single day fall for the Sensex. BSE Sensex tumbled 678.18 points, or 3.52% to close at 18,602.62, while the broad-based NSE Nifty closed at 5,561.05, down 219.85 points.

The 30-share BSE Sensex on Thursday opened positive at 18,724.11 and witnessed a volatile session today on the back of selling pressure and global cues. The index traded in the negative terrain for most part of the day and later made a smart recovery in the late trade on the back of buying interest in heavyweights.However, the Sensex lost its strength and slipped into the negative. Finally the index closed on a negative note after touching an intraday low of 18,182.83. BSE Sensex closed with a loss of 76.30 points, or 0.41%, to close at 18,526.32, while the broad-based NSE Nifty closed at 5,519.35, down 41.7 points.

On Friday, the 30-share BSE Sensex ended on a positive zone for the first time this week. After Thursday`s 678.18 points loss, the BSE Sensex opened on a strong note at 18,737.22 against the previous day`s close of 18,526.32. The optimistic momentum got more support from the decline in inflation figures and recovery in Asian markets.

The Sensex touched a high of 18,910.46 during the day, raising the confidence of the bulls once again. BSE Sensex closed with a gain of 326.55 points, or 1.76%, at 18,852.87, while the broad-based NSE Nifty closed at 5,608.60, up 89.25 points.Economy Watch:The annual rate of inflation, calculated on point-to-point basis, stood at 3.01 % for the week ended Nov. 10, 2007 over Nov. 11, 2007 , as against to 3.11% for the previous week. The annual rate of inflation stood at 5.39 % as on Nov. 11, 2006.

More @ Wrap up: Sensex loses 4.24% in a week



Source: http://www.myiris.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

23 November 2007

Know About: World Bank, IFC

World Bank

The World Bank (the Bank), a part of the World Bank Group (WBG), is a bank that makes loans to developing countries for development programs with the stated goal of reducing poverty. The World Bank differs from the World Bank Group in that the former only comprises the International Bank for Reconstruction and Development and the International Development Association, while the latter incorporates these entities in addition to three others].[1]
The World Bank was formally established on December 27, 1945, following the ratification of the Bretton Woods agreement. The concept was originally conceived in July 1944 at the United Nations Monetary and Financial Conference. Two years later, the Bank issued its first, and largest, loan: $250 million to France for post-war reconstruction; an issue which has remained a primary focus, alongside reconstruction after natural disasters, humanitarian emergencies and post-conflict rehabilitation needs affecting developing and transition economies.

More @ http://en.wikipedia.org/wiki/World_Bank

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International Finance Corporation

The International Finance Corporation (IFC) promotes sustainable private sector investment in developing countries as a way to reduce poverty and improve people's lives.
IFC is a member of the World Bank Group and is headquartered in Washington, DC. It shares the primary objective of all World Bank Group institutions: to improve the quality of the lives of people in its developing member countries. [1]. Established in 1956, IFC is the largest multilateral source of loan and equity financing for private sector projects in the developing world. It promotes sustainable private sector development primarily by:
Financing private sector projects located in the developing world.
Helping private companies in the developing world mobilize financing in international financial markets.
Providing advice and technical assistance to businesses and governments.

More details @ http://en.wikipedia.org/wiki/International_Finance_Corporation



Source: http://en.wikipedia.org. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

ET Headlines

The Economic Times.Com

Over six lakh millionaires in ten Indian cities
Siemens posts Rs 308.63 cr profit after tax in Q4


Wipro, Misys target Middle East to drive growth
India's Top-5 management centres
Kamat to add 40 business hotels in smaller towns
Syndicate Bank to float second FPO
Mundra Port SEZ may list on Tuesday
India's forex reserves at $271 bn

'Buy' Kotak Mahindra Bank: Motilal Oswal
Religare maintains 'buy' on Bharat Forge
'Buy Bombay Rayon Fashions at Rs 620'

Over 8 mn mobile users added in Oct, fixed line phones fall
Railways to set up 100 low budget hotels
Barak Valley Cements lists at 49% premium
Allied Computers lists at 75% premium
Vedanta jumps 12 pct on talk of Chinese bid
Rathi Bars lists at Rs 38 on BSE


We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Stories from Rediff.Com, Myiris, Moneycontrol.Com

www.rediff.com

Bangalore: Cultural capital of new economy?
SEZ: New compensation policy soon
Rising prices: FM for policy change
'India handled the sub-prime crisis very well'
India a new hub for climate change research
Office rent in Mumbai 2nd highest in world
Meet the man behind NSE success

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www.myiris.com

Brokers Outlook: Market expected to open positive on Monday
Centre earns Rs 516 bn from sale of PSEs
Power Grid forms JV with Reliance Energy
Lanco Infratech bags Rs 672.4 mn order
Godrej Consumer to raise Rs 4 bn via rights issue
Videocon Appliances posts net profit of Rs 237.60 mn

Inflation at 3.01% on low prices of primary articles
Videocon Industries net rises 13.69% in FY 06-07
JK Tyre reports profit of Rs 665 mn for FY 06-07
Barak Valley lists at 54% premium at BSE
Rathi Bars lists with 8% premium at Rs 37.80
MSPL to pump in Rs 11 bn for expansion

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www.moneycontrol.com

Mkts end high; will pull back continue?
ABN Amro Bank sees 25 bps Fed cut on Dec 11
Barak Vally FY08 revs seen at Rs 150 cr
Prefer RPL to Essar Oil: A Dalal
HNIs say the Indian story is intact
Inflation down to 3.01% vs 3.11%

M&M planning Rs 70 bn capex over 3 yrs
BSNL to launch an IPO next year
Core sectors need $475 bn in 5 yrs: FM
Midcaps look more attractive: Raamdeo Agrawal
May see pullback from here: IL&FS
TTML Dec futures adds 53 lakh shares in OI

PTC India locked at 10% upper circuit
Govt approves PTC India fin arm's 40% stake sale: NW18
Dish TV can touch Rs 130-140: Vasudeo
Siemens can touch Rs 2700: Vasudeo /Hold Siemens, says Mukadam
Empee Distilleries to list around Rs 430-500
Fund Action: Oswal Chem & Fert, Marg Constructions


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CoolAvenues Job alerts and Blog roundup

www.coolavenues.com

Marketing/ Sales/ Advertising

22 November 2007 - Account Manager Wipro Infotech - Innovation Division
22 November 2007 - Business Manager - IRCAM Wipro Infotech - Innovation Division
22 November 2007 - Business Manager - Utility Computing Wipro Infotech - Innovation Division
22 November 2007 - Head - GTM (Go-to-Market) Wipro Infotech - Innovation Division
19 November 2007 - Jr. Analyst / Analyst - Business Research A Leading BPO


Finance/ Banking

22 November 2007 - Manager - Analytics One of the Fast Growing & Leading Consulting Firms
22 November 2007 - Accountant An European MNC in Travel Service Industry
22 November 2007 - Financial / Business Controller An European MNC in Travel Service Industry
22 November 2007 - Business Manager - Utility Computing Wipro Infotech - Innovation Division
21 November 2007 - Sr. Manager - Business Risk A Leading Consulting Company
21 November 2007 - Manager - Business Risk A Leading Consulting Company
21 November 2007 - Sr. Consultant - Business Risk A Leading Consulting Company
21 November 2007 - Project Manager - Business Research / Company Profiles A Leading Provider of Online Data
21 November 2007 - Consultant - Audit / Risk A Leading Consulting Company
20 November 2007 - Opening in PE Monitoring A Global Major
20 November 2007 - Opening in Corporate Finance A Global Finance Major
20 November 2007 - SBU Head - IPO Consulting A Global Major
20 November 2007 - Vice President - Corporate Finance One of the Top-3 I-Banks
20 November 2007 - Vice President - Private Equity 3 Billion Dollar Top I-Bank PE Fund
19 November 2007 - Equity Research Analyst The Market Leaders in Off-Shore Investment Research
19 November 2007 - VP / AVP - Audit (Operations Efficiency / Improvements) A Leading Textile Group With Diversified Product Lines
19 November 2007 - VP / AVP - New Projects A Leading Textile Group With Diversified Product Lines
19 November 2007 - AVP - MIS / Budgeting (Group Corporate Office) A Leading Textile Group With Diversified Product Lines
19 November 2007 - VP / AVP - Audit (Operations / O&M - Improvement) A Leading Textile Group With Diversified Product Lines
19 November 2007 - VP / AVP - M&A A Leading Textile Group With Diversified Product Lines


Operations

22 November 2007 - Supply Chain Consultant A Renowned US-based Management Consulting Firm
22 November 2007 - Operations Manager Wipro Infotech - Innovation Division
22 November 2007 - Business Manager - IRCAM Wipro Infotech - Innovation Division
21 November 2007 - Project Manager - MedTrack A Leading Provider of Online Data
21 November 2007 - Project Manager - Business Research / Company Profiles A Leading Provider of Online Data
20 November 2007 - Opening in Facilities Management One of the Leading US-based Fortune 500 Global Investment Banking Firm
19 November 2007 - VP / AVP - Technical Services A Leading Textile Group With Diversified Product Lines
1 November 2007 - COO A Leading Global MicroFinance Company
29 October 2007 - Manager - Technology Outsourcing/ Process Migrations A Leading Provider Of Independent Risk Consulting & Internal Audit Services
29 October 2007 - Project Manager- Business Research / Company Profiles A Leading Provider of Online Data
29 October 2007 - VP / COO- Manufacturing/OPS- Garment/Shirts Client of ZodiaAc Group of Consultants
18 October 2007 - Domain Specialist - Banking Wipro Infotech - Strategic Sales Division
17 October 2007 - Consultant - Insurance - Process Consulting / Re-engineering World's Leading Management Consulting & Technology Firm
17 October 2007 - Manager - Insurance - Process Consulting World's Leading Management Consulting & Technology Firm
17 October 2007 - Consultant - Insurance Claims World's Leading Management Consulting & Technology Firm


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Openings in Crisil Research
Designation:Trainee Analyst Division/Department:CRISIL Research Qualifications:Management Graduate preferably with a basic degree in Engineering or CA Job Description:Primary responsibility would be to track 2-3 sectors and 8-10 companies and prepare reports at regular frequency. Company reports focus on business and financial analysis as well as preparation of earnings models Contact person for sending CV's:Nisha Borde - nborde@crisil.com..


Equity Research Job Openings in Netscribes
Current Opportunities:Job Title:INVESTMENT RESEARCHPositions for:Managers/Team Leads/AssociatesCandidates holding CFA (AIMR), MBA, CA degrees with a strong understanding of Equity research, Financial modelling and valuations of global and Indian stocksPlease mail across your Word Format CV to with the post applied for mentioned in the subject line of the mail.For more details visit company site at:www.netscribes.com


Multibagger Stock Pick-Karuturi Networks Ltd.
2 Low Price Stock Picks
Hidden Gem Stock Pick-Gujarat Reclaim
Fortis Healthcare-A Future Value Creator Stock


Source: http://www.coolavenues.com and www.kpowave.blogspot.com and http://freestocktips-2007.blogspot.com/. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

VC Updates from VCCircle.Com

VCCIRCLE.Com

Exclusive: Shaadi To Tie Up Second Round Funding With Goldman Sachs
Tano Capital Invests $15 Million In ABG Motors; To Fund Italian Acquisition
Soros Takes A Fancy To Biyani’s Finance Arm

Jagdish Khattar Wants To Set Up India’s AutoNation
Bhilwara Energy To Raise $250 Million For Mini Power Projects
Reliance Entertainment Buys Pune’s Anirights Infomedia

Kadle Effect: Tata Capital To Buy Stake In Auto Comp Firm
Societe Generale To Raise $296 Million For Residential Real Estate In India
Real Estate Roundup: Global Biggies Eyeing Investments Worth $25 Billion

Online Ad Agency Webchutney Raises Money From Capital18
ACK Media Acquires Amar Chitra Katha From India Book House
Religare Trebles On Listing; Edelweiss Capital Issue Oversubscribes 109 Times

BVR Subbu’s Argentum Motors Raises $50 Million In Private Equity
Kubera Cross Border Fund Invests $20 Million In Venture Infotek
JC Flowers Acquires Stake In Maharashtra’s State-Owned NBFC Sicom

HT Media Acquires Social Networking Website Desimartini.com
Moser Baer Pumps More Money Into SolFocus
Exclusive: HT Media Kicks Off PE Activity; Picks Up 10% In Chinese Food Chain Crazy Noodles

NRI-Targeted VOD Company TinselVision Closes Series B Financing
Kubera Partners Plans To Close 4-5 Deals By Year End; To Raise $225M More
Vallabhdas Kanji To Raise Rs 30 Cr From Argonaut Private Equity; IPO Next Year

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Source: http://www.vccircle.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Sensex vaults 327 pts at close: Sify.com

Sensex vaults 327 pts at close


There were no great global triggers this morning for traders on the major Indian bourses with US markets having a holiday yesterday and Asian stocks displaying a mixed trend. But the fact that there were no negative points proved a good enough platform for the bulls to go on a rampage in early trade. As the session progressed, some positive news like a drop in inflation, recovery in Asian markets and a positive start on the European bourses aided the sentiment. The upbeat mood notwithstanding, the market witnessed some highly volatile spells today.

The market, which opened with big positive gap and moved further up north this morning, very nearly slipped into the red sometime past mid afternoon following reports of some explosions outside the city civil court in Lucknow. Though bank, healthcare and FMCG stocks remained subdued till the end, thanks to a splendid rally in capital goods, power, realty, metal, oil and information technology stocks, the market ended on a buoyant note today.

The Sensex, which hit a high of 18,910.46 today, snapped a six session losing streak as it ended with a huge gain of 326.55 points or 1.76% at 18,852.87. The Nifty, which vaulted to a high of 5638.60 in intra-day trades today, closed 1.62% or 89.45 points up at 5608.60.

The mood was so positive as the session drew to a close that only a few stocks, Maruti Suzuki (down 2.05%), HDFC Bank (down 1.95%), Cipla (down 0.9%), ITC (down 0.55%), ONGC (down 0.3%), Grasim Industries (down 0.25%), Ranbaxy Laboratories (down marginally) and Mahindra & Mahindra (down marginally), among the Sensex components ended in the negative territory today.

Reliance Energy shot up by 7.5%. DLF recorded a strong gain of 5.6%. HDFC moved up by 4.15%. Larsen & Toubro and BHEL, the capital goods heavyweights, ended higher by 4.05% and 2.35% respectively. NTPC gained nearly 4%. Reliance Industries moved up by a little over 3%. Hindustan Unilever gained 1.85%. Automobile stocks Tata Motors and Bajaj Auto rallied by 3.3% and 2.5% respectively. Reliance Communications (1.25%), ICICI Bank (1.2%), ACC (0.9%), Hindalco (0.9%), Bharti Airtel (0.75%) and State Bank of India (0.45%) also chipped in with smart gains. Tata Steel and Ambuja Cements closed marginally higher than their previous closing levels.

For more details: Sensex vaults 327 pts at close


Other www.Sify.com Stories

XL Telecom gets Rs 65.8 cr orders
Simplex Infra bags contract
Tata Steel’s 3rd store at Barasat
TutorVista buys Edurite Tech

SAIL plans pellet plant in Orissa
Direct tax collection to touch Rs 3 lakh cr this year
22 FDI proposals worth Rs 511-cr cleared
Pantaloon moves up on Soros future cap stake news
Simplex Infra gets Rs 580 cr contract
Barak Valley shares list up 64%
Sulekha.com on expansion mode

For more: www.sify.com/finance/


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Article/Corporate/Personailty of the Day

Infosys

Infosys Technologies Limited (BSE: 500209, NASDAQ: INFY) is a multinational information technology services company headquartered in Bangalore, India. It is one of India's largest IT companies, with nine development centers in India and over 30 offices worldwide. Infosys and its subsidiaries employ over 80,501 professionals (as of September 30, 2007).[1] Its annual revenues for the fiscal year 2006-2007 exceeded US$3.1 billion with a market capitalization of over US$30 billion.

Infosys was founded on July 2, 1981 in Pune by N. R. Narayana Murthy and six others: Nandan Nilekani, N. S. Raghavan, Kris Gopalakrishnan, S. D. Shibulal, K. Dinesh and Ashok Arora[2], with Raghavan officially being the first employee of the company. Murthy started the company by borrowing Rs.10,000 from his wife Sudha Murthy. The company was incorporated as "Infosys Consultants Pvt Ltd.", with Raghavan's house in Matunga, north-central Mumbai as the registered office. In 1983, Infosys moved its headquarters to Bangalore, the capital of Karnataka. In 1987 Infosys got its first foreign client, Data Basics Corporation from the United States.

For more : http://en.wikipedia.org/wiki/Infosys_Technologies

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Tata Consultancy Services

Tata Consultancy Services Limited (TCS Limited company) is one of the world’s largest providers of information technology, consulting, services and business-process outsourcing which commenced operations in 1968. As of 2007, it is Asia's largest And India's No.1 IT services firm with the largest number of employees among all the Indian IT companies with strength of over 100,000[1] IT consultants in 47 countries. The company generated consolidated revenues of US $4.3 billion for fiscal year ended 31 March 2007 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. CS is part of one of Asia's largest conglomerates and most respected groups, the Tata Group, which has interests in areas such as energy, telecommunications, financial services, manufacturing, chemicals, engineering and materials. TCS is the first company to be rated at Level 5 maturity for both the CMMI and PCMM framework. It is also the first Indian company to be certified AS 9100: Rev B for design of airframe structures.

For more: http://en.wikipedia.org/wiki/Tata_Consultancy_Services_Limited


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22 November 2007

Barak Valley Listing tomorrow

Barak Valley likely to list above Rs 60: Experts


Barak Valley Cements, a cement manufacturer in the north-east region, will list on the bourses on November 23, 2007.
R S Iyer of K R Choksey Securities said, "Barak Valley is expected to list at around Rs 60. One can start booking profits above Rs 80."
"Barak Valley is likely to get listed at Rs 63, as against the issue price of Rs 42. Profit booking is advised above Rs 60", according to Investment Advisor, S P Tulsian.
The company had entered the capital market with an initial public offer (IPO) of 56,60,000 equity shares of Rs 10 each for cash at a price of Rs 42 and its IPO was subscribed around 29 times.
The objects of the issue are to part finance expansion of clinkerisation capacity from present 420 TPD (tonnes per day) to 600 TPD, cement grinding capacity from 460 TPD to 750 TPD, investment in wholly owned subsidiary — Badarpur Energy (P) Ltd.; for setting up a 6 MW biomass based power project, to meet the working capital requirements and for general corporate purpose.
The book running lead manager to the Issue is UTI Securities Limited and the co- book running lead manager is Karvy Investor Services Limited



Other IPOs info

Rathi Bars to list on bourses tomorrow

Kolte-Patil IPO subscribed 45 times

Varun Industries jumps 150% on day one

V- Guard Industries files IPO papers with Seb

Jyothy Labs may see 15-20% upside on listing

Varun Ind sees FY08 topline growth at 25%



Source: www.moneycontrol.com. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.