This blog is for providing daily news of Corporate Indian Stories, Corporate Results, Equities, MFs, Banking,Insurance, Brokerages Informations, World Business, Venture Capital, Angel Investors, BSchools, MBAs,Jobs, Politics & something Interesting.Our team will be grateful to the owners of various Indian/world/govt sites to refer their sites to get INFORMATION without objection.Request viewers to make verification about the information. Blog is not responsible for any faulty information.
05 October 2010
04 October 2010
Stock and Market Reports for the Week Ahead
04 Oct 2010 | 12:10
Talbros Auto
IFCI
4 weekly technical calls from Fairwealth
tock of the Week: Oracle Financial Services
Small Cap Coverage – Hitech Plast Limited
Top 7 weekly techno-funda calls from Fairwealth
Reliance Power Powerful resistance
ACC Limited Weekend update
KOTAK Mahindra Bank the stairs of bull market
RELIANCE Communication analysis
Src: HDFCSEC, Mktcalls, Bramesh Blog, NCP Blog, and Etc
01 October 2010
Endhiran Movie Review ( as a Rajini fan , i m dedicating this article)
As I am a Hardcore Rajini Fan I am dedicating this article for him... Not only for him(also for All Crews like Shankar, ARR, SUNTV). Hope ENTHIRAN will be India's First Hollywood in making...
Src: All leading movie sources
What Rajni can't, Rajni and the Robot can!
Reviews: Enthiran
ENDHIRAN LATEST NEWS
Src: All leading movie sources
What Rajni can't, Rajni and the Robot can!
Endhiran Movie Review |
Home > Movie Reviews | |||||||||
| |||||||||
the real one is still a month away, Superstar has arrived! Well, let us get down to the task. There is nothing much to reveal about the plot of Endhiran; one supposes. Thousands of speculations, predictions and of course, a mad frenzy about the trailer has given a rough idea about the plot. Endhiran is about Dr. Vaseegaran and Chitty, his creation- the robot with a 1 Zettabyte memory and a speed of 1 Terrabyte. From then on it is a ‘Chitty showcase’, of action, dance, emotions, fun and frolic. Watch Endhiran for the experience. The foremost thing about any Superstar film is Superstar himself. He is the air the film breathes, right from the first frame. The biggest entertainer that India has produced, weaves magic on screen; even a nonchalant saunter on screen makes theatres erupt in celebration. Watching Endhiran one feels no doubt whatsoever that no one other than Rajnikanth could have pulled off this character. It is destiny that brought Endhiran to Superstar after travelling all through Kollywood and Bollywood. He delivers a tour de force performance – he owns the film. Be it as the workaholic scientist, the obedient Chitty or the destructive Chitty (‘upgraded version – Chitty 2.0’), he scores; exuding brilliance and charisma in every frame. Yes, there are the trademark styles and mannerisms, but Rajnikanth transcends style and goes one better with Endhiran. His restraint while playing the scientist, the frustration that he shows while his scientific endeavours go wrong, underscore the fact that he is a brilliant actor who has been bogged down by commercial demands and compulsions. But, the focal point of the performance is definitely the robot. Chitty, the innocent child like robot is cute and loveable and dashing once romance starts flowing through his veins – wires. And, it is when the destroyer arrives that we see the Rajni in all his splendour. There seems to be absolutely no one who can come even close when playing a devilish destroyer. The outrageous and maniacal laugh as he proclaims his invincibility is a masterpiece – a throwback to the heydays of Rajnikanth the villain. The decades have not dimmed his brilliance and charisma one bit. And, the effort he has put into Endhiran shows in all frames; be it the fights or dance sequences; the desire to excel still burns bright. Aishwarya Rai looks ethereal as always. Though it is a bit difficult to still accept her as a college student, she delivers when it matters. Not the usual Shankar heroine (songs and dance only stuff) here, she is almost the fulcrum of the story. Scripting wise, Endhiran does have its flaws, which is a bit disappointing. The first half is a smooth and jolly ride as the cute Chitty takes centre stage. A couple of fights set the tone for the fans to go overboard with excitement, a few lighter moment most of which are enjoyable and two songs make it a relatively light hearted affair. Shankar’s ability to write commercial Tamil cinema elements (hero rescuing damsel in distress, witty one liners etc.) into a sci-fi script is commendable. That stops Endhiran from being a pure sci-fi flick, making it apt for all class audiences. Beginning of the second half is however not an apt extrapolation of the expectations raised in the first half. Though too much does not go wrong, there are portions which one feels could have been tighter. Some sequences, especially the ‘Ranguski’ part, are dragged along for more than a reasonable length. A couple of songs follow each other in quick succession which dampens things a bit. But, if you are willing to be patient through these minor glitches, the rest of the second half is racy, action packed and intelligent. Action, as all might now, has been the talking point of Endhiran with world famous visual effects supervisors doing the job. The sequences have been conceived by Shankar (as shown in the titles) and do not lack in awe and magnificence. Be it on the train, on the truck or the highway – action is taken to a new plane in Endhiran. As expected, logic does fly out of the window now and then, but then, what is a Superstar film if there is no suspension of belief. As expected, technical aspects of Endhiran are top notch. Special effects are world class (except a few occasions here and there) as they have been done by the best in the business, Stan Winston Studios and Industrial Light and Magic. The sheer effort that has gone into the CGI work is humungous, be it Rajni running along the side of a train or doing a Michael Jackson jive; everything looks as original as it can get. Camera by Ratnavelu captures what Shankar has envisioned, and translates it effectively on screen. Make up, by Banu, is exceptional and has made Superstar look even more stylish than he usually does. Re-recording does not look like the work done by an Oscar winner, especially in the final portions, but still manages to impress. Rahman’s songs which are already a rage sit well on the film, adding to the entertainment quotient. Dialogues by Shankar, Sujatha and Karki are sharp, using proper technical terminology well balanced with Tamil lines. Sabu Cyril shows his class once again, be it with the sophisticated labs or grand songs. His work stands out in particular in the ‘Irumbile Oru Idhayam and ‘Arima Arima’ songs. Anthony is as deft as ever with the scissors, adding to the tempo of the film. Hats off to Shankar for the vision and the effort! He has taken Tamil cinema to a new plane on technical terms, showing that nothing is impossible. The sets, effects, sound, style are all amazing and good enough to rub shoulders with Hollywood counterparts, give or take a few points. But, the basic story is still a desi love triangle! That is where Shankar has shown his skills; making state of the art film merge with our regional cinema tastes. His genuine desire to take Indian cinema to greater heights reflects throughout the movie. But, it is not just Shankar who has this vision, Superstar too shares it with him. The man whom we have known for total style and charisma has shown that he is game for something new that does not fit in to the conventional Superstar mould. Even after years of stardom he genuinely wants to bring in and be part of change that will take Indian cinema to higher levels. Overall, Endhiran is a ‘robotic, hypnotic, supersonic, Superstar’ experience, the first of its kind in Tamil cinema and the only one of its kind for a long time to come. It is going to take a Herculean effort to equal or better Endhiran within the confines of Tamil cinema. Let’s hope the day comes soon. For now, an ovation to the Endhiran team, Sun Pictures and Kalanithi Maran for showing faith in Shankar’s vision and to Hansraj Saxena for masterful execution of the project. If not for the faith, confidence and vision of these men, Shankar’s ten year dream would still have been just a dream. Do Indian cinema a favour, watch Endhiran; let a 100 other Shankars feel bold enough to dream. Verdict: Indian cinema’s pinnacle of evolution – ‘Robot sapiens’ |
Reviews: Enthiran
ENDHIRAN LATEST NEWS
Market and Stock Views
Strong Technical Pick – Unitech Limited
Koutons Retail, Cranes Software, Garden Silk Mills
30 Sep 2010 | 16:09
Free Stock Tip of the Day (01-Oct, 2010)
Company | Action | Price | SL | Target | Remarks |
TATAELXSI | Buy | Above 242 | 239 | 247 | Intraday |
Verdict is clear
What to buy or sell at 20K
GSPL
Apollo Hospitals, NHPC, Crompton Greaves, Reliance Industries, Aban Offshore
Mahindra Satyam Limited
CEBBCO IPO Note
Src: All Leading We Src(HDFCSEC, DP blog, NCP blog and Myiris and etc)
30 September 2010
Morning calls
Technical Analysis - Sep 30 2010
Maruti Suzuki
Mahindra Satyam Results
Intra-day F&O calls
Technical calls for intra-day
GE Shipping
Daily Market Outlook - Sep 30 2010
Daily Technical Report - Sep 30 2010
Rubber Band: Loosening Back
RELIANCE INDUSTRIES analysis
Nifty daily analysis
Koutons Retail Down freeze
STRTECH breaking out
Src: NCP blog and DP blog and marketcalls.in and akp blog etc
29 September 2010
Mahindra Satyam FY10 loss at Rs 124.6 cr
Mahindra Satyam FY-10 loss at Rs 124.6 cr, net sales at Rs 5481 cr
HYDERABAD: Mahindra Satyam on Wednesday announced its first results in nearly two years after a massive false accounting scandal that threatened its future. FY-10 total sales stood at Rs 5481 crore. The company suffered a loss of Rs 124.6 cr. FY-10 standalone loss stood at Rs 71.2 cr. The company said that the total impact on P&L on account of fictitious profit was Rs 6800 crore. FY-09 loss was at Rs 8177 cr. The company said it will release Q1, Q2 FY 11 accounts as well. Accounts under US GAAP will be declared in the next 6-8 months.
Mahindra Satyam called the publication of the earnings "a new beginning" for the troubled company. Chairman Vineet Nayyar refuted allegations that Mahindra Satyam had been less transparent in the entire process, he cited the sheer volume of audit & reconciliation work that had to be done.
"We have done a lot of work but have we completely recovered, no. It will take another year or two before it is healthy. We are getting new clients. This year EBITDA has gone up. This also includes lots of clients who left the company but their work was nearing end," he added.
Helped by a sharp reduction in employee cost at Rs 3,981.10 crore in 2009-10 from Rs 6,073.7 crore in the previous year, the company reduced the net consolidated loss from Rs 8,176.8 crore in 2008-09. Cash and bank balances were to the tune of Rs 2,176.8 crore as on March 31, 2010. The loan balance as of March 31, 2010 was Rs 422 crore.
The company reported that 7500 inflated invoices were found. "Over $41mn of ADS proceeds may have been diverted and there was Rs 1139 cr of unexplained difference in suspense account," Nayyar added. Amongst the other disclosures, the company said that it had detected fictitious sales of Rs 4800 crore. FY10 exceptional items stood at Rs 410 crore.
Answering questions, the company management said that all bank borrowings had been extinguished. Mahindra Satyam now has 350 active clients and it added 44 new clients in 2010. Clients have been added in BFSI, manufacturing & healthcare. It also said that it was moving in the right direction in right sizing. However, it also said that it proposes to hire 3000 more people this year.
Company officials said that the intention to merge with Tech Mahindra remains and that the process could take up to one year. The process is expected to begin by November of this year.
On the class action suit, the company said the case was in preliminary stages and that it could take up to 2-3 years. The company will consider relisting on the NYSE in six months. It ruled out any out-of-court settlement.
Over past two years, as Satyam struggled to retain customers, and key employees, the company saw its larger rivals widen the gap-both in terms of new technology investments and new business. The company’s flagship SAP practice, which was serving top customers including GE, GM and Nestle has been among the most hit. From around 4,500 staff in January 2009, the business now has around 800 professionals, with most top executives including the unit head Manish Mehta quitting to join rival Patni.
Investors have been waiting for signs of recovery, particularly after the firm said last week it would delist from the New York Stock Exchange over fears it may not meet US reporting deadlines for its restated accounts.
In January 2009, B Ramalinga Raju, the then founder-promoter of Satyam, confessed to an accounting fraud to inflate its profits. Since then the company had not declared its results. In its last available full-year report, the company had reported a net profit of Rs 1,689 crore on revenue of Rs 8,473 crore for FY08.
In April 2009, Tech Mahindra, a unit of the tractors-to-holidays conglomerate Mahindra and Mahindra, paid nearly 600 million dollars for a majority share of struggling Satyam.
Satyam, ranked as India's fourth-largest outsourcer by revenue when the scandal broke, acts as a back office for some of the world's biggest companies including Nestle, General Electric and General Motors.
Mahindra Satyam called the publication of the earnings "a new beginning" for the troubled company. Chairman Vineet Nayyar refuted allegations that Mahindra Satyam had been less transparent in the entire process, he cited the sheer volume of audit & reconciliation work that had to be done.
"We have done a lot of work but have we completely recovered, no. It will take another year or two before it is healthy. We are getting new clients. This year EBITDA has gone up. This also includes lots of clients who left the company but their work was nearing end," he added.
Helped by a sharp reduction in employee cost at Rs 3,981.10 crore in 2009-10 from Rs 6,073.7 crore in the previous year, the company reduced the net consolidated loss from Rs 8,176.8 crore in 2008-09. Cash and bank balances were to the tune of Rs 2,176.8 crore as on March 31, 2010. The loan balance as of March 31, 2010 was Rs 422 crore.
The company reported that 7500 inflated invoices were found. "Over $41mn of ADS proceeds may have been diverted and there was Rs 1139 cr of unexplained difference in suspense account," Nayyar added. Amongst the other disclosures, the company said that it had detected fictitious sales of Rs 4800 crore. FY10 exceptional items stood at Rs 410 crore.
Answering questions, the company management said that all bank borrowings had been extinguished. Mahindra Satyam now has 350 active clients and it added 44 new clients in 2010. Clients have been added in BFSI, manufacturing & healthcare. It also said that it was moving in the right direction in right sizing. However, it also said that it proposes to hire 3000 more people this year.
Company officials said that the intention to merge with Tech Mahindra remains and that the process could take up to one year. The process is expected to begin by November of this year.
On the class action suit, the company said the case was in preliminary stages and that it could take up to 2-3 years. The company will consider relisting on the NYSE in six months. It ruled out any out-of-court settlement.
Over past two years, as Satyam struggled to retain customers, and key employees, the company saw its larger rivals widen the gap-both in terms of new technology investments and new business. The company’s flagship SAP practice, which was serving top customers including GE, GM and Nestle has been among the most hit. From around 4,500 staff in January 2009, the business now has around 800 professionals, with most top executives including the unit head Manish Mehta quitting to join rival Patni.
Investors have been waiting for signs of recovery, particularly after the firm said last week it would delist from the New York Stock Exchange over fears it may not meet US reporting deadlines for its restated accounts.
In January 2009, B Ramalinga Raju, the then founder-promoter of Satyam, confessed to an accounting fraud to inflate its profits. Since then the company had not declared its results. In its last available full-year report, the company had reported a net profit of Rs 1,689 crore on revenue of Rs 8,473 crore for FY08.
In April 2009, Tech Mahindra, a unit of the tractors-to-holidays conglomerate Mahindra and Mahindra, paid nearly 600 million dollars for a majority share of struggling Satyam.
Satyam, ranked as India's fourth-largest outsourcer by revenue when the scandal broke, acts as a back office for some of the world's biggest companies including Nestle, General Electric and General Motors.
Mahindra Satyam FY10 loss at Rs 124.6 cr
********************************************************************
Markets could correct in October-November: Ma...
Marc Faber, Publisher, Gloom, Boom & Doom Report, spoke to ET Now on a range of issues including the current market scenario, emerging markets, Fed’s policies and US bond markets, among others. Excerpts:
You are known as Mr Contrarian in India. You always like to advise the reverse of what the global consensus is. The current global consensus is ‘buy emerging markets and sell US bonds’. What is your take?
That’s correct and there in general, I am still positive about economic growth in the emerging world. But what disturbs me at the present time is that in late August, sentiment was very negative worldwide and people said that Dow will drop to 1000 and so forth and so on. Suddenly now, the consensus is that you have to be in equities, you have to be in gold, you have to be in assets because central banks around the world will print money. That is correct, they will print money. But sentiment has become so universally bullish that about all assets, including especially emerging economies - in US dollar terms - are up. The Indian market this year is already up 19%, Malaysia 28%, the Philippines, Indonesia and Thailand each over 40%.
We already have big moves and I see all the brokers upgrading the earnings estimates and so forth. So I become a little bit apprehensive about this universal bullishness. I would rather think that after a strong month of September - when everybody was expecting September to be a horrible month - October and November may be bad months. In the past, October has frequently been a disastrous month like we had the October 1987 crash, we had the late September-early October 1929 crisis. In 1976 and 1978, we had very bad months in October and November. So who knows, out of this present bullishness, we could have some kind of a sharp correction developing.
Which markets are you particularly bullish on now and considering the fact that India is already quoting at high valuations, where does India stack up in your list?
In general, investors should one day have approximately 50% or more of their money in emerging economies. I have all my money in emerging economies for the money that they allocate to real estate and to equities. Of course I also have bonds in the developed world and also cash in on the developed world, but in general, I am very optimistic about the emerging economies. But that does not change the fact that over the last few months, in fact since April because I saw that April would be a high for the S&P at 1219, I have taken some money off the table because a correction is overdue.
src:ET
Morning Reports
TECHNICAL CHARTS – Mundra Port, Unitech, Glenmark Pharma, Easun Reyrolle and Western India Shipyard.
Free Stock Tip of the Day (29-Sept, 2010)
Src: sharegyan
Company | Action | Price | SL | Target | Remarks |
VOLTAS | Buy | Above 247 | 244 | 252 | Intraday |
Non institutional investors throng VA Tech Wabag IPO
Daily Technical Report - Sep 29 2010
Mahindra Satyam, Bharti Airtel
Daily Market Outlook - Sep 29 2010
Daily Derivative Strategy - Sep 29 2010
Src: Nooreshtech, NCP blog, DP blog , ET and etc
Subscribe to:
Posts (Atom)