The world's least corrupt nations
Denmark (Rank 1) Denmark along with two other countries have been ranked as the world's least corrupt countries.
With a score of 9.3, Denmark has consistently topped the Transparency International's Corruption Perceptions Index.
The country has a strong tradition of openness to global trade and investment, and transparent and efficient regulations are applied evenly in most cases.
Denmark also boasts an efficient, independent judiciary that protects property rights, and the level of corruption is extraordinarily low, according to the Index of Economic freedom.
Three countries share the first position in the Transparency Index.
More @ The world's least corrupt nations
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India's 10 most valuable companies
Coal India IPO has become a runaway success, beating all records to become the largest public issue in India. The initial public offer by Coal India has generated a total demand for shares worth Rs 2,34,716 crore (Rs 2.34 trillion), the biggest in the history of India's primary market.
The state-run Coal India has surpassed the record of Reliance Power IPO that had attracted bids valued over Rs 2.05 trillion.
R-Power, in January 2008, had beaten the record of Mundra Port and SEZ's IPO that hit the market in 2007 and had received bids worth about Rs 2,00,000 crore (Rs 2 trillion).
All set to get listed on the Bombay Stock Exchange and the National Stock Exchange on November 4, CIL is aiming a plum position among India's most valued companies.
The IPO, priced in a band of Rs 225-245 per share has been oversubscribed 15.17 times.
More @ India's 10 most valuable companies
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7 hatchbacks to choose from this Diwali
CarDekho.com
The year 2010 has been a year of car launches with one new model hitting showrooms every month.
So, this Diwali the Indian car buyer has ample options to choose from.
There were a number of new launches and upgrades in the hatchback category.
So, here is low down on all the choices buyers have this Diwali in the hatchback segment in two price ranges.
Hatchbacks in the Rs 100,000 - 300,000 category:
Tata Nano -- The people's car is powered by a 35-horsepower engine and it is about 10 feet long, weighs approximately 1,300 pounds, has an all-sheet-metal body, a rear two-cylinder engine, small tubeless tires, a reinforced passenger compartment, crumple zones, seat belts and achieves a top speed of 106kmph.
Tata Nano buyers in Maharashtra, West Bengal, Uttar Pradesh and Karnataka have reason to rejoice as Tata Motors has officially opened bookings of the Tata Nano in these states.
Customers who have not booked a Nano in these states can now purchase the Tata Nano directly from showrooms.
The company has finance tie-ups with Tata Motors Finance, ICICI Bank and State Bank of India.
Tata Motors has tied up with a total of 25 banks to offer loans for purchasing the Tata Nano at attractive rates of interest.
Tata Nano's price went up by 3-4 per cent this July due to an increase in the price of raw materials.
The hike was of Rs 3,700 to Rs 6,894 for different variants, based on ex-showroom, Delhi, prices.
Image: Tata Nano.
Photographs: Courtesy, CarDekho.com
More @ 17 hatchbacks to choose from this Diwali
Src: Rediff
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.
28 October 2010
27 October 2010
The Wednesday
How to become a good Stock Trader –Article 2 – Risk-Reward Ratio
Small Cap Coverage – Ballarpur Inds – Investment pick
Hindustan Unilever, REC, Mundra Port and SEZ, IDEA, Crompton Greaves, Titan Industries, Petronet LNG, Reliance Industries, Bharat Forge
Daily Derivative Strategy - Oct 27 2010
Daily Market Outlook - Oct 27 2010
Daily Technical Report - Oct 27 2010
Nifty daily analysis
Src: NCP blog, ET, DP blog and Bramesh blog etc
25 October 2010
24 October 2010
Tata shortlisted for Fortune 'Biz Person of the Year'
BOSTON: Tata Group Chairman Ratan Tata is among eight business leaders from across the world shortlisted by the prestigious Fortune magazine for its 'Business Person of the Year', an honour that will go to the leader who made the "biggest mark" in business in 2010.
Fortune magazine will name its 'Business Person of the Year' on November 18.
The other business honchos in the fray are billionaire Warren Buffett , Apple Chief Steve Jobs , Ford Motor CEO Alan Mulally, Google CEO Eric Schmidt, DuPont CEO Ellen Kullman, McDonald's CEO James Skinner and Netflix CEO Reed Hastings.
On Tata, Fortune said his group's Tata Motors unit restarted orders for the "ultra cheap, high-demand Nano car" and "at the high end, has reinvigorated Jaguar."
For the title, the publication started with 32 business leaders who had been "seeded and matched-up by the editors of Fortune."
In the process of finalising the winner, Fortune will talk to analysts, consultants, executives and former executives, "those moving markets and those playing them."
Fortune has also asked its readers to submit votes online on "which leader you think made a bigger impact in 2010."
The 32 have been narrowed down to eight after two weeks of voting.
In the first week of elimination, Tata won 60 per cent of votes and beat micro-blogging site Twitter co-founder Evan Williams to reach the second round, where he beat Jamie Dimon, CEO of global financial services firm J P Morgan Chase by a similar number of votes.
Tata is pitted against Buffett in the third round of voting and elimination.
On Buffett, Fortune said the Berkshire Hathaway CEO made 2010 the "year of giving it away, getting billionaires to pledge half of their wealth."
Commenting on Jobs, the US publication said "antenna-gate did not dent him and consumers can't get enough of his i-world." Apple is now second to Exxon in market cap.
Online movie rental company Netflix's Hastings "helped drive its largest foe -- Blockbuster-- into bankruptcy, out-innovating peers at every turn, moving beyond DVDs."
Fortune said Schmidt's Google is "still the only search company that matters." The year 2010 belonged to Google's mobile operating system Android, which now has 25 per cent of market.
Fortune magazine will name its 'Business Person of the Year' on November 18.
The other business honchos in the fray are billionaire Warren Buffett , Apple Chief Steve Jobs , Ford Motor CEO Alan Mulally, Google CEO Eric Schmidt, DuPont CEO Ellen Kullman, McDonald's CEO James Skinner and Netflix CEO Reed Hastings.
On Tata, Fortune said his group's Tata Motors unit restarted orders for the "ultra cheap, high-demand Nano car" and "at the high end, has reinvigorated Jaguar."
For the title, the publication started with 32 business leaders who had been "seeded and matched-up by the editors of Fortune."
In the process of finalising the winner, Fortune will talk to analysts, consultants, executives and former executives, "those moving markets and those playing them."
Fortune has also asked its readers to submit votes online on "which leader you think made a bigger impact in 2010."
The 32 have been narrowed down to eight after two weeks of voting.
In the first week of elimination, Tata won 60 per cent of votes and beat micro-blogging site Twitter co-founder Evan Williams to reach the second round, where he beat Jamie Dimon, CEO of global financial services firm J P Morgan Chase by a similar number of votes.
Tata is pitted against Buffett in the third round of voting and elimination.
On Buffett, Fortune said the Berkshire Hathaway CEO made 2010 the "year of giving it away, getting billionaires to pledge half of their wealth."
Commenting on Jobs, the US publication said "antenna-gate did not dent him and consumers can't get enough of his i-world." Apple is now second to Exxon in market cap.
Online movie rental company Netflix's Hastings "helped drive its largest foe -- Blockbuster-- into bankruptcy, out-innovating peers at every turn, moving beyond DVDs."
Fortune said Schmidt's Google is "still the only search company that matters." The year 2010 belonged to Google's mobile operating system Android, which now has 25 per cent of market.
Src: ET
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Stock and Market Calls
Unichem Laboratories Limited
Lupin, Orchid up on merger buzz
Heard on the Street: Jhunjhunwala seen part-selling VIP stake
Market Implications of the COAL INDIA Response
Sector Update - Telecom
Product of the week
INVESTING IN GOLD
The stock advanced 3.6 per cent after the company's Q2 results announcement on October 20. In the subsequent two trading sessions, the stock zoomed to record life-time high of Rs 738 and finished the week with 13.8 per cent gains. The weekly volume was extra-ordinary. After taking support from its long-term support range between Rs 390 and Rs 400 in May 2010, the stock recommenced its long-term uptrend. This up trend got accelerated this August and the stock rallied sharply.
Both daily and weekly indicators have entered in to over-bought territory signalling caution. Inability to move above Rs 750 will drag the stock lower to Rs 650 or Rs 570 in the medium-term. Supports below Rs 570 are at Rs 536 and Rs 500. However, strong close above Rs 750 can take the stock higher to psychological resistance level of Rs 800.
Pipavav Shipyard (Rs 92.7)
The stock has been on a medium-term downtrend from its August peak of Rs 117. Nevertheless, it found support around Rs 75 last week and rebounded gaining bullish momentum. Further, on Friday the stock sky rocketed 10 per cent accompanied with unusual surge in volume and ended the week by gaining 20 per cent. The stock is currently facing key medium-term resistance at Rs 96. Failure to surpass this resistance will lead to resumption of its downtrend and the stock can retreat to Rs 84 or Rs 75 in the medium-term. On the other hand, an emphatic move above Rs 96 will lift the stock higher to Rs 102 or 108. — Yoganand D.
STOCKS: Tata Steel: Hold
Investors could consider holding on to their shares in steel producer Tata Steel whose product mix and operations are looking much stronger in light of the ongoing brownfield expansion plans in India, a foil to the slower growth in Europe ...
STOCKS: SpiceJet: Book Profits
With SpiceJet's market price ruling at around Rs 81, it does not make sense for shareholders to tender at the price of Rs 57.76 in the ongoing open offer by Mr Kalanithi Maran and Kal Airways (closing date is November 6). Investors can, ...
With SpiceJet's market price ruling at around Rs 81, it does not make sense for shareholders to tender at the price of Rs 57.76 in the ongoing open offer by Mr Kalanithi Maran and Kal Airways (closing date is November 6). Investors can, ...
STOCKS: Brandhouse Retails: Hold
Investors can remain invested in the stock of Brandhouse Retails, based on its portfolio of well-established brands, a move into the promising mid-priced segment with an international brand and an extensive store network. However, with high ...
Investors can remain invested in the stock of Brandhouse Retails, based on its portfolio of well-established brands, a move into the promising mid-priced segment with an international brand and an extensive store network. However, with high ...
Pivotals: Reliance Industries (Rs 1,081.4)
Reliance Industries surged 3.8 per cent last week, decisively breaching its significant resistance level of Rs 1,050. It is trading well above its 50 and 200-day moving averages. Since its September trough of Rs 885, the stock has been on ...
Reliance Industries surged 3.8 per cent last week, decisively breaching its significant resistance level of Rs 1,050. It is trading well above its 50 and 200-day moving averages. Since its September trough of Rs 885, the stock has been on ...
Query Corner: Asian Paints in a long-term uptrend
Could you please tell me the outlook for Rolta purchased at Rs ...
Could you please tell me the outlook for Rolta purchased at Rs ...
Src: HDFC, ET, Myiris, Bramesh blog, Businessline and etc
22 October 2010
20 October 2010
Market Reports
Geodesic
Heard on the Street: Strategic stake sale buzz boosts JM Financial
NSE/FAOP/16046 | Introduction of futures and options contracts on 24 additional individual securities |
Src: NSEINDIA, ET, Mktcalls etc
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