30 November 2007

Know About: eBay, Amazon.com

eBay

eBay Inc. (NASDAQ: EBAY) is an American Internet company that manages eBay.com, an online auction and shopping website in which people and businesses buy and sell goods and services worldwide. In addition to its original U.S. website, eBay has established localized websites in several other countries. eBay Inc also owns PayPal, Skype, and other businesses.

More about @ http://en.wikipedia.org/wiki/EBay

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Amazon.com

Amazon.com, Inc. (NASDAQ: AMZN) is an American e-commerce company based in Seattle, Washington. It was one of the first major companies to sell goods over the Internet and was one of the iconic stocks of the late 1990s dot-com bubble. After the bubble burst, Amazon faced skepticism about its business model, but it made its first annual profit in 2003.
Founded by Jeff Bezos in 1994, and launched in 1995, Amazon.com began as an online bookstore, though it soon diversified its product lines, adding VHSs, DVDs, music CDs, MP3s, computer software, video games, electronics, apparel, furniture, food, toys, and more.
Amazon has established separate websites in Canada, the United Kingdom, Germany, Austria, France, China, and Japan. It ships globally on selected products.

More @ http://en.wikipedia.org/wiki/Amazon.com


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Angel investor: A life line for rookie entrepreneurs

Angel investor: A life line for rookie entrepreneurs : The Economic Times



Business aspirant Madan Pandit quit his job in 2004 and roamed Bangalore’s cyber cafes to build the prototype of an online search analytics tool, which he later converted into his first venture. When he needed funds for the start-up, he didn’t consider venture capital (VC) firms but approached well-known angel investor Kanwaljit Singh. With an unproven technology and hardly a business model to speak of, he still succeeded in getting the funding. On the other hand, Phaninder Sama, co-founder of Redbus.in, an online bus ticketing site, ran his new business for around three months before making a venture capital pitch.

He and his partners skipped the angel step altogether. They, too, got the money. In fact, the new image acquired by the VC connection helped them hire high-class talent. Two entrepreneurs. Two radically opposite strategies. And both are happy with their respective choices today. So, how does one tell whether a new business should go in for angel investment or venture capital funding? It is indeed a crucial choice for a small company, because if an entrepreneur is not yet ready for venture capital, it is pointless to waste time pitching the business to VCs and more profitable to approach an angel.

Angel investors, often, are successful entrepreneurs themselves, fondly reliving their early struggles and wanting to mentor young minds. Some think of investments in start-ups as a way to give back to society. Others, who left India and made it big in the West, want to shrink the country’s economic growth curve with the stimulus their money would bring to entrepreneurship. Thus, they are driven first by the beauty of new ideas and only then, by return on investment. They can put in as little as a few lakhs of rupees to as much as several crores.

Venture capital funds, on the contrary, are professionally-driven enterprises which pool in resources from their investors and channel them into ideas that are more likely to succeed. They often look for a proven, or at least a well thought-out business model, cash flow, management bandwidth and so on. They also look to invest a sizeable amount of money, say a few million dollars. “By default, you would always want to go in for VC,” Suvir Sujan, a venture capitalist with Nexus India Capital and a former angel investor, said. “VCs can get you further with capital. With an angel, you could get stuck, because there is only so much funding an angel can provide. After all, he is just one individual.

The VC offers the stability of an institution.” However, an angel would be the option when VCs are telling you it is too early to invest in your company, he added. Venture capital funds can be of immense help in building a company to maturity, after the business has cleared the initial hurdle of getting on the track. In an increasingly globalised world, marketing and hiring the best talent can be expensive and large investments are called for in the growth stage. Angel investors don’t have the financial muscle to shepherd their investee companies beyond a point.



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Economic Times Headlines

Economy slows down to 8.9 pc in second quarter
India's economy likely to slow in second quarter: : Analysts
Near 9 pc economic growth in FY'08 possible: FM

Unitech's IT SEZs notified
FDI limit in aviation on cards
April-Oct fiscal deficit at $20.7bn
Omaxe to set up SEZ in Rajasthan
Wall St set to jump on rate cut hop
Tata Steel signs JV with Australian Riversdale Mining

Sensex stuns by 360 pts rally
Cabinet approves SBI rights issue
Angel investor: A life line for rookie entrepreneurs
United Spirits to merge Shaw Wallace with itself
Govt may find buyers for RILbs KG gas
Indo Asian to enter cables, wires business

Hindalco eyes South American copper mines
Tata Steel, Riversdale Mining in JV for Mozambique coal project
Entrepreneurs take to the sky with regional airlines
Customs, tax sops for textile exporters
Cabinet approves 11th Plan; aims at 9 pc growth
FDI limit in aviation on cards

BSE steps in to check surge in IL&FS Investsmart, 11 others
Realty stocks soar on govt plans
Traders rollover short positions to December series
Mystery of the missing Reliance Petroleum short-sellers
Adlabs Film in ban period in F&O segment
Builders rush to grab concessional pie
SAIL wins India's Employers of Choice Award 2007



Source: http://www.theconomictimes.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 given. Blog is not responsible for any faulty information.

Rediff, Myiris Business Articles

Rediff.Com

BSE to check sharp rise in 12 stocks
Indian small-cap stocks 2nd best in Asia
India's Q2 GDP growth rate slips to 8.9%
Cabinet okays big ticket economic plans
8 ways to identify profitable shares
IPOs: Discount for retail investors
MF News / IPOs / Interviews

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Myiris.Com

Brokers Outlook: Upward trend to be seen on Monday
Wrap Up: Market ends on a cheerful note
Power Grid board okays Rs 16.30 bn investments
GE Shipping orders 2 new Supramax dry bulk carriers
Indo Asian Fusegear floats new subsidary
GDP advances 8.9% in Q2 FY07-08 (Update 2) /GDP for Q2 FY07-08 up 8.9% (Update 1)
Parle Software board recommends 3:1 bonus issue
3i acquires minority stake in Hyd-based Soma Enterprise
RCom gets ready for Rs 222.88 bn order



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Monthly Gainers: Rediff.com

Source: http://money.rediff.com/money/jsp/monthly_gainer.jsp

As on 30.11.2007

Company Group Prev Close (Rs) Current Price (Rs) % Change
+
Ispat Industries A 27.65 51.45 + 86.08
+
Fertilisers & Ch A 23.75 40.00 + 68.42
+
Neyveli Lignite A 140.05 235.55 + 68.19
+
Nirma Limited A 151.75 237.00 + 56.18
+
National Fertili A 46.45 72.05 + 55.11
+
Mangalore Refine A 82.00 120.45 + 46.89
+
Mirc Electronics A 19.60 28.30 + 44.39
+
GMR Infrastructure L A 177.25 254.50 + 43.58
+
HMT Ltd. A 63.05 88.55 + 40.44
+
Omaxe Ltd. A 310.50 434.80 + 40.03
+
Hinduja Ventures A 425.05 583.00 + 37.16
+
Bongaigaon Refin A 69.90 95.60 + 36.77
+
Rashtriya Chem&Fert. A 55.65 75.00 + 34.77
+
Jindal Stainless Ltd A 166.65 217.70 + 30.63
+
Vijaya Bank A 61.65 79.05 + 28.22
+
Welspun Gujarat A 328.65 419.15 + 27.54
+
Escorts Ltd. A 119.70 152.60 + 27.49
+
Chambal Fertilis A 49.95 62.50 + 25.13
+
Indian Bank A 153.25 190.60 + 24.37
+
Dena Bank A 65.50 81.45 + 24.35
+
JaiprakashAssociates A 1,458.80 1,812.70 + 24.26
+
Kotak Mahindra Bank A 1,000.00 1,234.30 + 23.43
+
Indian Overseas A 133.40 164.45 + 23.28
+
Chennai Petro. A 331.55 407.90 + 23.03
+
IndusInd Bank A 97.40 119.20 + 22.38
+
HDIL A 672.65 821.25 + 22.09
+
D-Link India Ltd. A 76.20 91.95 + 20.67

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Parle Software Ltd. B1 834.60 1,817.00 + 117.71
+
GTC Industries B1 277.75 593.50 + 113.68
+
IVP Limited B1 30.00 57.85 + 92.83
+
Wire & Wireless ( In B1 37.25 70.10 + 88.19
+
Lloyds Steel B1 12.89 24.13 + 87.20
+
Pudumjee Pulp B1 84.90 155.55 + 83.22
+
Guj. Amb.Exports B1 40.05 71.75 + 79.15
+
Solar Explosives B1 255.25 432.95 + 69.62
+
Eveready Industr B1 43.60 73.70 + 69.04
+
Vikash Metal & Power B1 18.70 31.60 + 68.98
+
XL Telecom & Energy B1 233.80 394.80 + 68.86
+
Cambridge Technology B1 43.60 73.15 + 67.78
+
Chemplast Sanma B1 6.88 11.14 + 61.92
+
Deccan Aviation Ltd. B1 152.70 242.90 + 59.07
+
PremierLtd. B1 95.55 151.25 + 58.29
+
Motilal Oswal Financ B1 1,089.35 1,718.95 + 57.80
+
Mukta Arts Ltd. T 105.45 165.65 + 57.09

+ Saamya Biotech (Indi B1 12.70 19.78 + 55.75
+
IL&FS Investmart Ltd B1 174.45 267.30 + 53.22
+
NoidaTollBridge B1 34.65 52.95 + 52.81
+
Agro Dutch Industrie B1 26.00 39.65 + 52.50
+
LT Overseas Ltd. B1 44.40 67.50 + 52.03
+
Shringar Cinemas B1 68.65 102.25 + 48.94

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Source: http://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 given. Blog is not responsible for any faulty information.

Weekly Gainers : Rediff.com

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


Company Group Prev Close (Rs) Current Price (Rs) % Change
+
Ispat Industries A 39.10 51.45 + 31.59
+
Lanco Infratech Ltd. A 432.20 531.85 + 23.06
+
Sun TV Network Ltd. A 310.05 380.70 + 22.79
+
Nirma Limited A 195.90 237.00 + 20.98
+
Videsh Sanchar N A 525.50 626.60 + 19.24
+
Hind. Zinc A 685.15 809.80 + 18.19
+
Sterlite Indus. A 879.10 1,034.75 + 17.71
+
GlaxoSmithKlineConsu A 616.00 718.15 + 16.58
+
IndusInd Bank A 102.45 119.20 + 16.35
+
Indian Overseas A 141.95 164.45 + 15.85
+
Omaxe Ltd. A 378.20 434.80 + 14.97
+
Rolta India A 635.40 729.65 + 14.83
+
Indian Bank A 166.75 190.60 + 14.30
+
EIH Ltd. A 143.40 163.70 + 14.16
+
Shipping Corpn. A 236.30 267.45 + 13.18
+
Rashtriya Chem&Fert. A 66.40 75.00 + 12.95
+
Jindal Saw A 749.05 845.60 + 12.89
+
HDIL A 729.10 821.25 + 12.64
+
Chennai Petro. A 363.45 407.90 + 12.23
+
Hinduja Ventures A 520.25 583.00 + 12.06
+
Jindal St & Pwr A 12,096.00 13,508.35 + 11.68
+
I-Flex Solutions Ltd A 1,348.10 1,504.95 + 11.63
+
Ashok Leyland A 40.15 44.80 + 11.58
+
JaiprakashAssociates A 1,625.95 1,812.70 + 11.49
+
Bombay Dyeing A 653.95 727.40 + 11.23
+
Central Bank A 122.95 135.40 + 10.13
+
HDFC Bank A 1,562.70 1,719.00 + 10.00

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IVP Limited B1 35.45 57.85 + 63.19
+
Ankit Metal & Power B1 52.75 75.00 + 42.18
+
Pudumjee Pulp B1 111.50 155.55 + 39.51
+
Shaw Wallace(C) B1 323.55 437.65 + 35.27
+
Solar Explosives B1 321.30 432.95 + 34.75
+
Eveready Industr B1 55.25 73.70 + 33.39
+
Hind. Oil Explor B1 107.65 142.40 + 32.28
+
IL&FS Investmart Ltd B1 205.30 267.30 + 30.20
+
Wire & Wireless ( In B1 53.90 70.10 + 30.06
+
Cambridge Technology B1 56.65 73.15 + 29.13
+
Electrosteel Cas B1 65.10 83.80 + 28.73
+
JHS Svendgaard Labor B1 40.00 51.40 + 28.50
+
KPIT Cummins Infosys B1 99.00 127.15 + 28.43
+
OCL India Limi B1 246.85 316.25 + 28.11
+
ABG Shipyard B1 780.90 995.30 + 27.46
+
Lloyds Steel B1 18.94 24.13 + 27.40
+
Mid-Day Multimedia L B1 46.55 59.25 + 27.28
+
Rico Auto Inds. B1 33.20 42.25 + 27.26
+
Deccan Aviation Ltd. B1 191.05 242.90 + 27.14
+
Oriental Trimex B1 17.75 22.40 + 26.20
+
PVR Ltd. B1 218.40 275.10 + 25.96
+
Development Cred B1 114.95 144.55 + 25.75
+
Parle Software Ltd. B1 1,451.00 1,817.00 + 25.22
+
Bhushan Steel Ltd. B1 1,081.75 1,350.15 + 24.81
+
Redington (India) Lt B1 329.40 410.45 + 24.61
+
TIL Ltd. B1 510.00 634.45 + 24.40
+
Guj. Amb.Exports B1 58.00 71.75 + 23.71
+
Technocraft Industri B1 61.05 75.30 + 23.34
+
IL&FS Investment Man B1 278.25 342.80 + 23.20
+
Nilkamal Ltd. B1 243.00 298.50 + 22.84
+
Crest Animation Stud T 100.60 123.35 + 22.61
+
Zenith Infotech B1 320.00 390.95 + 22.17
+
Visa Steel B1 36.15 43.65 + 20.75
+
Godrej Industries Lt B1 234.05 281.90 + 20.44
+
Gitanjali Gems B1 364.50 434.20 + 19.12


More@http://money.rediff.com/money/jsp/weekly_gainer.jsp
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Source: http://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 given. Blog is not responsible for any faulty information.

Mkts close on a high note; Sensex soars : Sify.com


NSE 5762.75 +128.15
BSE 19363.19 +359.93

After opening on a high note this morning, the market retreated a bit within the next few minutes as stocks found some resistance at higher levels. However, it recovered rather swiftly and kept moving ahead as the session progressed with the firm trend on the Asian bourses and buoyant GDP growth keeping the bulls fairly engaged right till the end.

Mirroring the upbeat mood, the Sensex, which opened with a positive gap of over 130 points at 19,136.12 and hit a high of 19,424.99 in late afternoon trade, ended with a strong gain of 359.93 points or 1.89% at 19,363.19. The Nifty index of the National Stock Exchange closed with a gain of 2.27% or 108.15 points at 5762.75, around 20 points down from its intra-day high of 5782.55.
Thanks to the extremely positive sentiment, only Hindustan Unilever (down 1.45%), Ambuja Cements (down 0.85%), Bajaj Auto (down 0.55%) and BHEL (down 0.25%) among the Sensex components ended in the negative territory today.

Among Nifty stocks, GlaxoSmithKline Pharma (down 3.4%), Hindustan Petroleum Corporation (down 2.85%) and Hero Honda (down 2.6%) lost significant ground. Strong and widespread was the surge that all the sectoral indices closed with sharp gains today. The Metal index, which moved up by 5.09%, was the biggest gainer followed by the Realty barometer, which surged 3.94%. The Bankex, IT, Oil & Gas and Teck indices gained 2.5% - 2.75%. Mirroring the gains posted by power stocks, the Power index climbed up 2.13%.

The Consumer Durables, Capital Goods, FMCG and PSU indices went up by 1% - 1.75% while the Auto and Healthcare indices firmed up by 0.92% and 0.91% respectively. With several stocks from the midcap space vaulting higher, the Midcap index shot up by 2.28%. The BSE Smallcap index, not missing out on the rally, ended stronger by 1.31%.

Realty stock DLF ended as the biggest gainer from the Sensex for the first ever time. The stock, which made it to the Sensex pack recently, closed with a big gain of 7.05% at Rs 943.90.
Reliance Energy powered up by 4.5%. Tata Consultancy Services gained 3.85%. HDFC rallied 3.6%. Satyam Computer Services gained 3.4%. Tata Steel moved up by nearly 3% to Rs 825.70. ONGC (2.6%), Grasim Industries (2.6%), HDFC Bank (2.5%), Mahindra & Mahindra (2.45%), Maruti Suzuki (2.25%), Infosys Technologies (2.2%), Wipro (2.2%), Ranbaxy Laboratories (2.2%) and NTPC (2.15%) also closed with strong gains.

More @ Mkts close on a high note; Sensex soars

Articles from www.sify.com/finance

Long-term investments: Japan prefers India
Nirma floats Delaware subsidiary
Punj Lloyd wins $320 m order
Sintex to raise $300 m
eClerx Services to raise Rs 101 cr through IPO
GTL pays out Rs 259 cr for share buyback
US stocks: Futures rise on Bernanke comments
Govt approves Rs 16k cr rights issue of SBI

Sintex board okays raising $300 m
Govt sanctions Rs 1,077.6 cr to SCI for acquiring 6 vessels
Reliance Power sees major coal imports
GDP growth will be close to 9%: FM
Punj Lloyd wins $320 m Singapore order
VSNL zooms on land sale rumors
Bonus plan pushes up Parle Software
Sterlite Ind gains on unit IPO news

Inflation rate climbs to 3.21%
Omaxe plans to set up SEZ in Rajasthan
IFC may invest in Tata Power's Mundra project


Source: http://www.sify.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 given. Blog is not responsible for any faulty information.

Corporates: Tata Steel, DLF

Tata Steel

Tata Steel, formerly known as TISCO (Tata Iron and Steel Company Limited), is a steel company based in Mumbai, India. Its main plant is located in Jamshedpur, Jharkhand, though with its recent acquisitions, the company has become a multinational with operations in various countries. The registered office of Tata Steel is in Mumbai. In the year 2000, the company was recognised as the world's lowest-cost producer of steel. The company was also recognised as the world's best steel producer by World Steel Dynamics in 2005. The company is listed on BSE and NSE.

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

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DLF Universal Limited

DLF Universal Limited, or DLF, is India's largest real estate developer based in New Delhi. The company was founded by Indian businessman Chaudhury Raghuvendra Singh in 1946 to trade in the real estate business after the forthcoming partition. Dlf developed some of the first residential colonies in Delhi such as Krishna Nagar. In the mid-1970s, the company started developing its ambitious DLF City project which helped transform Gurgaon from a farming village to a commercial and real estate hub. The company has interests in commercial, residential and retail real estate market. Its upcoming plans include hotels, infrastructure and special economic zones-related development projects.[1]

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


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 provided. Blog is not responsible for any faulty information.

29 November 2007

Know About: Dalal street, Wall Street

Dalal Street

Dalal Street (Marathi: दलाल - Dalāl means a broker, or dealer) in downtown Mumbai, India is the location of the Bombay Stock Exchange (in the Phiroze Jeejeebhoy Towers) and several related financial firms and institutions. When Bombay Stock Exchange was moved to this new location at the intersection of Bombay Samāchār Marg, Hammam Street, the street next to the building was renamed as Dalal Street. Similar to Wall Street in New York City, it is often used as a synonym for the Indian financial establishment in general.

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

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Wall Street

Wall Street is a city street in lower Manhattan in New York City in the United States. It runs east from Broadway downhill to South Street on the East River, through the historical center of the Financial District. Wall Street was the first permanent home of the New York Stock Exchange, and over time Wall Street became the name of the surrounding geographic neighborhood.[1] Wall Street is also shorthand (or a metonym) for "influential financial interests" in the U.S.[2] as well as for the financial industry in the New York City area.
Several major U.S. stock and other exchanges remain headquartered on Wall Street and in the Financial District, including the NYSE, NASDAQ, AMEX, NYMEX, and NYBOT. Many New York-based financial firms are no longer headquartered on Wall Street, but are in midtown Manhattan, the outer boroughs of the city, Long Island, Westchester County, Fairfield County, Connecticut, or New Jersey.

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




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 given. Blog is not responsible for any faulty information.