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



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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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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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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.


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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
+
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



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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.

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



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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.