Corporate/Personailty of the Day

Bharat Sanchar Nigam Limited

Bharat Sanchar Nigam Limited (known as BSNL, India Communications Corporation Limited) is a public sector communications company in India. It is the largest telecommunication company in India and the sixth largest in the world [citation needed]. Its headquarters are at Bharat Sanchar Bhawan, Harish Chandra Mathur Lane, Janpath, New Delhi. It has the status of Mini-ratana - a status assigned to reputed Public Sector companies in India.

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



Source: http://en.wikipedia.org/wiki/Bharat_Sanchar_Nigam_Limited
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. Blog is not responsible for any faulty information.

MoneyToday Stories/Articles

Invest smart and stay happy
When you are investing in a stock, you are investing in a business. Investors from across the country tell you how to build wealth through stock investing and what to do during volatility.

The invisible hole

Infrastructure stocks on a high
Here we take a look at how different stocks have been performing over different time periods and which ones are worth investing in. Take a look.

Zooming in on success
Rajshree Kukreti
When his first venture failed, Soumo Ganguly saw opportunity in making films for corporates. Today he runs a media company that is likely to touch a turnover of Rs 10 crore.

Profit booking: when & how much
Dipen Sheth
Averaging out your selling reduces the risk that randomly fluctuating markets impose on your profits. Ditto for buying. Unless you are sure, don't buy your entire quota of stocks in one day.

Ringing in growth
Emkay Research is very bullish about the prospects of the Indian mobile telephony sector.

Balanced funds fading out
Balanced funds are out of favour, understandably so with markets doing well and most investors seeking maximum equity exposure in their portfolios.


For detailed, Pls visit: 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.

About: Venture Capital, Sequoia Capital

Venture capital

Venture capital is a type of private equity capital typically provided by professional, outside investors to new, growth businesses. Generally made as cash in exchange for shares in the investee company, venture capital investments are usually high risk, but offer the potential for above-average returns. A venture capitalist (VC) is a person who makes such investments. A venture capital fund is a pooled investment vehicle (often a limited partnership) that primarily invests the financial capital of third-party investors in enterprises that are too risky for the standard capital markets or bank loans. Venture capital can also include managerial and technical expertise. Most venture capital comes from a group of wealthy investors, investment banks and other financial institutions that pool such investments or partnerships. This form of raising capital is popular among new companies, or ventures, with limited operating history, who cannot raise funds through a debt issue. The downside for entrepreneurs is that venture capitalists usually get a say in company decisions, in addition to a portion of the equity.

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


Sequoia Capital

Sequoia Capital is a venture capital firm founded by Don Valentine in 1972. The firm's partners include Don Valentine, Pierre Lamond, Michael Moritz, Doug Leone, Mike Goguen, Mark Stevens, Jim Goetz, Sameer Gandhi, Roelof Botha, and Mark Kvamme. Jason Calacanis has had, as of 5 December, 2005, a position as an EIA (Entrepreneur in Action) at Sequoia

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




We thank (will be grateful to) the owners of the above articles/sites/sources/Govts en.wikipedia.org for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers.

Coolavenues Alerts

Marketing/Sales

17 November 2007 - Regional Sales Manager (North India) An Information Technology & Consumer Electronics Reseller
17 November 2007 - Assistant Manager / Senior Executive - Media Research & Planning One of the Largest Electronic Channels in India
15 November 2007 - Manager - Research A Market Leader in Confectionary
6 November 2007 - Opening in Market Research & Analytics One of the Fortune 500 Company - A Leading Pharma MNC


//////////////////

Finance Jobs

17 November 2007 - Executive - Statutory Audit A Global Leader in Professional Services
17 November 2007 - CFO A Leading Fortune 500 Financial Company
15 November 2007 - Fund Manager A Fortune 100 Global Investment Giant
15 November 2007 - Chief Executive Officer (CEO) A Global Micro Finance Company
13 November 2007 - General Manager / Vice President - Capital Services Wipro BPO
13 November 2007 - Equity Research Analyst One of the Leading Name in Financial Services & Investment Banking Domain
13 November 2007 - Trainee Analyst / Junior Analyst A Leading BPO
13 November 2007 - CRO - Chief Risk Officer A Global Micro Finance Company
13 November 2007 - Manager / Sr. Manager / VP - Mergers & Acquisitions Fortune 100 MNC in Corporate Advisory Services


///////////////////

Genereal Mgmt

17 November 2007 - Assistant Manager / Senior Executive - Media Research & Planning One of the Largest Electronic Channels in India
15 November 2007 - Chief Executive Officer (CEO) A Global Micro Finance Company
15 November 2007 - Manager - Research A Market Leader in Confectionary
13 November 2007 - General Manager / Vice President - Capital Services Wipro BPO
13 November 2007 - Trainee Analyst / Junior Analyst A Leading BPO
8 November 2007 - Research Analyst - Telecom One of the Most Reputated Management Consulting Company
6 November 2007 - Opening in Legal Division One of the Fortune 500 Company - A Leading Pharma MNC

////////////////////

We thank (will be grateful to) the owners of the above articles/sites/sources/Govts www.coolavenues.com for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers.

Around the Blogs and Job alerts

Religare IPO Listing date - Religare IPO is listing on November 21, 2007

Religare IPO Listing date - Religare IPO is listing on November 21, 2007
Religare IPO Listing on Wednesday, November 21, 2007
Its BSE Script Code: 532915 and NSE Symbol is RELIGARE
It had a Issue Price of Rs 185/- Per Equity Share
and a Face Value: Rs 10/- Per Equity Share

Religare IPO Allotment status and Listing Date

Religare IPO listing date has officially been announced. The Religare Enterprises Listing Date is Wednesday, November 21, 2007. The NSE Symbol for Religare Enterprises Limited is RELIGARE.


/////////////////////////////

Friday, November 16, 2007

Job Openings in insync analytics

InSync provides an exciting platform to develop strong analytical and financial skills.The positions open are for analyst, associate, manager and client executive.For application submit resume with covering letter(if desired) to:careers@insyncanalytics.com

For more details visit company site at:http://www.insyncanalytics.com

///////////////////////////

Gujarat Narmada Valley-Multibagger Stock Pick
Company:Gujarat Narmada Valley Fertilisers Company Ltd.
Industry:Fertilisers - Nitrogenous/Phosphate
Recommendation:Outperformer
Investment Horizon:Long term


Alps Industries Ltd-Low price multibagger stock
Company:Alps Industries Ltd.Industry:Textiles - General
Recommendation:Outperformer


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 requested to take own decision in stock buying.

BusinessLine, Rediff, Myiris Articles

BusinessLine.In

RBI invites comments on report on currency futures
Index Outlook
Edelweiss IPO subscribed 7 times
Teledata Informatics allots 2 cr shares to investor
Bharti Airtel

Trader's Corner / Query corner
Growing Indian wealth / Aurobindo Pharma: Buy
JM Emerging Leaders: Hold / 'We want to become a giant theatre chain globally'
DSPML Equity: Invest / Kolte-Patil Developers: Invest at cut-off

///////////////////
Rediff.Com

Investing in realty? Terrific tax benefit
Business books you must read
Which MFs can get you maximum returns
Want to be rich?
A million-dollar company built on a failure
An amazing story of courage and determination
CEO at 30: Sandeep Murthy shares his story


///////////////////

Myiris.Com

Introduction of FX futures, an additional hedging tool: RBI
SEBI reduces expenses on Index Funds
Air India IPO unlikely before 2009
2-day Summit of OPEC commences in Riyadh
Weekly wrap up: Call rates move up after CRR hike becomes effective

ICICI amongst 7 investors in USD 250 mn Green Fund
Brokers` Outlook: Market to trade above 20k on Monday
Govt. to go ahead with talks with IAEA on Indo-US nuke deal
Advanced 3G spectrum services soon: TRAI
Reliance eyes Rs 30 bn turnover in footwear biz.
BSNL to invest Rs 20 bn for Wi-Max rollout

Tata Steel in JV with Nippon Steel
SBI Magnum Multiplier Plus - consistent performer since last decade [



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.

Weekly Gainers : Rediff

http://money.rediff.com/money/jsp/weekly_gainer.jsp


Company Group Prev Close (Rs) Current Price (Rs) % Change

+
Essar Oil Ltd.
B2
78.60
192.35
+ 144.72
+
Century Extru.
B2
4.45
8.51
+ 91.24
+
Ashirwad Capital
B2
3.04
5.65
+ 85.86
+
Manali Petrochem
B2
13.93
23.56
+ 69.13
/////////////////////////////
+
Chambal Fertilis
A
47.65
72.40
+ 51.94
+
Mangalore Refine
A
86.70
130.40
+ 50.40
+
Bongaigaon Refin
A
72.10
105.20
+ 45.91
+
Mirc Electronics
A
20.05
29.20
+ 45.64
+
Rashtriya Chem&Fert.
A
57.85
80.90
+ 39.84
+
Hinduja Ventures
A
410.75
556.10
+ 35.39
+
Fertilisers & Ch
A
32.85
43.30
+ 31.81
+
Escorts Ltd.
A
108.30
142.10
+ 31.21
+
Neyveli Lignite
A
167.10
215.60
+ 29.02
+
National Fertili
A
71.45
92.05
+ 28.83
+
HMT Ltd.
A
78.60
99.60
+ 26.72
+
Chennai Petro.
A
347.55
437.90
+ 26.00
+
Ispat Industries
A
36.00
45.25
+ 25.69
+
IndusInd Bank
A
91.60
112.70
+ 23.03
+
Bharat Petroleum
A
355.00
434.65
+ 22.44
+
Shipping Corpn.
A
224.40
273.45
+ 21.86
+
ITC Ltd.
A
168.90
205.15
+ 21.46
+
Dredging Corpora
A
1,051.95
1,275.20
+ 21.22
+
Finolex Industri
A
72.35
87.15
+ 20.46
+
GNFC
A
155.70
187.55
+ 20.46
+
Welspun Gujarat
A
338.55
402.85
+ 18.99

///////////////////////////////
+
KEC Infrastructures
B1
30.80
51.15
+ 66.07
+
Jagjanani Textiles L
B1
7.95
12.96
+ 63.02
+
Pennar Alum.
T
4.24
6.73
+ 58.73
+
Suryachakra Power Co
B1
27.90
43.70
+ 56.63
+
Chemplast Sanma
B1
8.14
12.70
+ 56.02
+
Indus Fila Ltd.
B1
209.90
327.25
+ 55.91
+
Arvind Remedies
B1
1.89
2.93
+ 55.03
+
NRC Limited
T
22.30
34.45
+ 54.48
+
S A L Steel
B1
14.89
22.47
+ 50.91
+
Sah Petroleums Ltd.
B1
14.29
21.19
+ 48.29
+
Saamya Biotech (Indi
B1
14.06
20.45
+ 45.45
+
RPG Cables Ltd
T
44.75
65.05
+ 45.36
+
DCW Ltd.
B1
17.00
24.25
+ 42.65
+
Uttam Galva Steels
B1
41.35
58.75
+ 42.08
+
Meghmani Organics Lt
B1
22.50
31.60
+ 40.44
+
Lloyds Steel
B1
13.25
18.54
+ 39.92
+
Nagarjuna Fert.
B1
58.95
82.10
+ 39.27
+
Vikash Metal & Power
B1
21.95
30.20
+ 37.59
+
Sabero Organics
T
14.78
20.20
+ 36.67
+
Zuari Industrie
B1
229.15
312.45
+ 36.35
+
Essar Shipping
B1
40.25
54.45
+ 35.28
+
Vindhya Telelink
T
183.35
248.00
+ 35.26
+
Maytas Infra Ltd.
B1
705.80
953.55
+ 35.10
+
Hotel Leela Ven.
B1
50.35
67.85
+ 34.76
+
Mangalore Chem.
B1
38.30
51.50
+ 34.46
+
Shah Alloys
B1
45.55
61.00
+ 33.92
+
PBA Infrastructure L
B1
82.45
109.80
+ 33.17
+
Supreme Petroche
B1
24.80
33.00
+ 33.06
+
SREI Infrastructure
B1
144.35
192.00
+ 33.01
+
Graphite India Ltd.
B1
64.40
84.70
+ 31.52
+
Shamken Multifab
T
4.00
5.26
+ 31.50
+
Motilal Oswal Financ
B1
1,275.00
1,668.65
+ 30.87
+
Bhagwati Banquets &
B1
59.15
76.85
+ 29.92
+
Piramyd Retail
B1
51.40
66.70
+ 29.77
+
Hind. Motor
B1
32.30
41.90
+ 29.72
/////////////////////////////////////


We thank (will be grateful to) the owners of the above articles/sites/sources/Govts www.rediff.com for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers.

Weekly Wrap Up: Sensex gains 790.76 pts in the week

Weekly Wrap Up: Sensex gains 790.76 pts in the week

BSE Sensex closed with a gain of 790.76 points at 19,698.36, while the broad-based NSE Nifty closed at 5,906.85, up 243.6 points for the week ended Nov. 16, 2007.On Monday, the 30-share BSE Sensex opened with a negative gap of 267 points at 18,640.52. Later the index went down 500 points backed by heavyweights and weak Asian cues. Selling pressure was witnessed across board. It traded weak for most part of the day.

Though the Sensex covered most of its losses during end of the day, it closed on a negative note. BSE Sensex closed with a loss of 170.33 points, or 0.90%, at 18,737.27, while the broad-based NSE Nifty closed at 5,617.10, down 46.15 points.

On Tuesday, the 30-share BSE Sensex opened negative at 18,681.10 in the morning trades. In the initial half an hour trading session, the index moved up and traded flat. Later the index gained ground amidst volatility. Further the Sensex marched ahead on the back of heavy buying interest seen in pivotal stocks and global cues. Finally, it ended the day on a strong note by touching a high of 19,210.48. BSE Sensex closed with a gain of 298.21 points or 1.59%, at 19,035.48, while the broad-based NSE Nifty closed at 5,695.40, up 78.3 points.

On Wednesday, the 30-share BSE Sensex opened with a positive gap of 300 points. The index performed well throughout the day backed by heavy buying interest in frontliner stocks. Further, positive global cues helped the Sensex to achieve its biggest intra day gain. Finally it touched an intra-day high of 19,987.71 to end the day on a sunny note.BSE Sensex closed with a hefty gain of 893.58 points, or 4.69%, at 19,929.06, while the broad-based NSE Nifty closed at 5,937.90, up 242.5 points.

On Thursday, the 30-share BSE Sensex opened negative at 19,947.72 and soon moved up in the positive to trade on a flat note. The index afterwards slipped into negative terrain amidst volatility. Profit booking was seen in frontliners. Finally, it touched an intraday low of 19,723.20. BSE Sensex closed with a loss of 144.17 points, or 0.72%, at 19,784.89, while the broad-based NSE Nifty closed at 5,912.10, down 25.8 points.

On Friday, the 30-share BSE Sensex opened negative at 19,603.09. Later the index moved up in the positive terrain on back of buying interest, and afterwards slipped into the negative. The index touched an intraday low of 19,472.51 amidst volatility. Selling and buying was witnessed in some stocks. Finally it closed on a negative note. BSE Sensex closed with a loss of 86.53 points, or 0.44%, at 19,698.36, while the broad-based NSE Nifty closed at 5,906.85, down 5.25 points.Economy Watch:India`s wholesale price index (WPI) based inflation rose to 3.11% for the week ended November 3, as against 2.97% in the previous week.

Headline inflation although rose to 3.11%, it is still below the target of the Reserve Bank of India`s level of 5% during 2007-08. The wholesale price-based index stood at 5.45% in the corresponding week last year.Corporate announcement:Days after acquiring two blocks in Kurdistan in northern Iraq, Reliance Industries (RIL), has announced signing of another production-sharing agreement (PSA) with the government of Oman.Lanco Infratech bagged order worth Rs 731.8 million from Andhra Pradesh (AP) Health & Medical Housing & Infrastructure Dev. Corporation (APHMHIDC), an enterprise of government of Andhra Pradesh, for the construction of medical college, hospital complex, hostels, and ancillary structures for RIMS etc., at Srikakulam in Andhra Pradesh.McNally Bharat Engineering Company bagged an order worth Rs 342.1 million from Maharashtra State Power Generation, Mumbai. This order is for the design, manufacture, supply, erection, testing and commissioning of ash handling system with all accessories for their Paras thermal power station expansion project.

Mumbai-based Valecha Engineering bagged Rs 1 billion worth new projects. These projects include additional works of Integrated Road Development Project (IRDP) at Pune and Udaipur Tunnel Project at Udaipur.KEC International, a part of Rs 115 billion RPG Group company, has been awarded two projects in Abu Dhabi and Algeria worth Rs 6.37 billion.Simplex Infrastructures bagged two contracts aggregating Rs 6,800 million. The first contract is for the design and construction of eastern freeway from museum to Anil Panjarapole link road. The second contract bagged by the company is for the design and construction of flyover on Dr. Babasaheb Ambedkar road under package II.Aegis BPO, an Essar Group company, signed a share purchase agreement to acquire TeleTech Services (India), a joint venture of TeleTech Europe and Bharti Ventures. The estimated value of the acquisition is USD 13 million. Tata Consultancy Services (TCS) signed a four-year USD 200 million contract with the Social Security Institute of Mexico (IMSS).

Sector Watch:The cement industry is all set to add 111 million tons of annual capacity by the end of 2009-10 (FY10), on the back of an estimated 141 outstanding cement projects. High demand and less-than expected capacity addition for power, pushed the deficit for April-October 2007 to a 10-year high of 14.6%. Shortage of manpower and equipment is the main reason for low capacity addition in power.


We thank (will be grateful to) the owners of the above articles/sites/sources/Govts www.myiris.com for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers.

Corporate/Personailty of the Day

Kanwal Rekhi

Kanwal Rekhi (born 1945) is an Indian-American engineer, businessman and millionaire philanthropist.Kanwal was born in Rawalpindi (then in British India, now in Pakistan). After the partition of India, his family settled in Kanpur, India. In 1967 Rekhi graduated as an electrical engineer from the Indian Institute of Technology in Bombay, India and in 1969 he received a Master of Science degree from Michigan Technological University. Kanwal has been a major donor to Michigan Tech, including a gift of $5 million for new computer science facilities. He worked as an engineer, systems analyst, and manager for many years before floating his first company, Excelan in 1982. Excelan was a manufacturer of smart ethernet cards, and was also responsible for the commercial growth of the internet protocol TCP/IP. The company merged with, and was acquired by Novell in 1989 and Kanwal was given a seat on the board.


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


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.