Tagged with:
3g •
3g spectrum •
telecom 3g Department of Telecommunications (DoT) finally start5ed producin gresult to the 67000 crore revenue they got through selling 3g Spectrum , On wednesday The Department of Telecommunications (DoT) started allocating 3G spectrum to telecom operators, giving relief to all the seven companies that emerged successful in the intense bidding process that took place in May this year.
Some changes in Licensing .
> Operators were authorised to use the spectrum for 20 years from September 1, 2010, even if their telecom licences expired before that period.
> Each licensee will also have to pay the annual licence fee as share of adjusted gross revenue (AGR) from the services using 3G spectrum.
> In the case of two companies merging, only one slot of spectrum can be retained, according to the amended rules.
> The operators will also have to pay the upward revised spectrum usage charges ranging between 3 per cent and 8 per cent depending on the quantum of spectrum held by them.
Tagged with:
bajaj auto •
Bonus •
dividnd •
precision wires •
Record DateRecord date for Precision Wires India interim dividend announced on 10 September 2010
Record date for Bajaj Auto bonus issue announced on 10 September 2010 for bonus of 1:1
Tagged with:
Bajaj Electricals •
order newsBajaj Electrical Ltd has informed the market that it has secured new prestigious orders worth over Rs. 408 crores involving the construction of 312 KMs of 400 KV double-circuit transmission lines, Village Electrification (BPL), under RGGVY (Rajiv Gandhi Gramin Vidhyutikaran Yojna) and High mast & Street Lightening segments. So with this new order , the order book of the Company as reached past Rs. 1150 crores.
Tagged with:
bajaj auto •
Hero Honda •
maruti suzuki •
tvs motorAuto Sales number for the month of August 2010 has come out today and all the company have hit the all time new high yet another time previous month .
Maruti Suzuki
Maruti Suzuki India rose 1.29% as total vehicle sales grew 23.6% to 1.04 lakh in August 2010 over August 2009. This is the highest ever monthly sales recorded by the company.
TVS Motor Company
TVS Motor Company rose 2.78% as total vehicle sales in August rose 34% to 170,735 units in August 2010 over August 2009. Total two wheeler sales grew 32% in August with sales of 1.67 lakh units in August 2010 over August 2009. Three-wheeler sales surged to 3,626 units, from 1,033 units in August 2009.
Bajaj Auto
Bajaj Auto is likely to announce its numbers tomorrow but sources say that the company is likely to post bike sales of 2.9 lakh units in August, again, the highest ever monthly sales. The sale of Pulsar is learnt to be at 83000 units for August while Discover sales are at 1.27 lakh units.
Hero Honda
Hero Honda reported a rise of 2.3% in its sales at 4.24 lakh units in August 2010 over August 2009.
Tagged with:
Bonus •
Record Date •
stock splitRecord date for Kalpataru Power Transmission stock split announced, the date is on 09 September 2010 .( face value of Rs. 10 each to face value of Rs. 2 each.)
Record date for Dabur India bonus issue announced , the date is on 10 September 2010 . (1:1 Bonus)
Record date for TVS Motor Company bonus issue announced , the date is on 09 September 2010 . (1:1 Bonus)
Record date for Astral Poly Technik stock split announced , the date is on 16 September 2010. ( face value of Rs. 10 each to face value of Rs. 5 each)
Record date for Mundra Port and Special Economic Zone stock split announced , the date is on 24th September.( face value of Rs. 10 each into 5 equity shares of face value of Rs. 2 each.)
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Economic Data •
egdp growth •
india •
india gdpGDP groth rate data came out today and the First quarter GDP growth rate for a year 2010-11 has come at 8.8% compared with 8.6% last quarter.This is really high compared to the growth rate of 6% in the first quarter 2009-10.
Sector Wise Growth
Agriculture sector has recorded a growth of 2.8% compared to 0.7% (QoQ),
Manufacturing grew by 12.4% compared to 16.3% (QoQ)
while mining sector growth was at 8.9% versus 14% (QoQ) and
Construction sector growth was at 7.5% compared to 8.7% (QoQ).
Larsen and Toubro informed the market today that the company has bagged two projects worth Rs 1195 crore from ONGC, the order is to set up Additional Processing Units at its Gas Processing complexes at Hazira and Uran.Second project is for Additional Processing Units (APU) project at Uran complex shall enhance the Gas Processing capacity at the Uran complex by 5 MMSCMD.
Stock Price Movements
Day’s High / Low1,887.00 / 1,848.00
Previous Close / Open 1,869.00 / 1,870.00
Wtd. Avg Price 1,872.50
Total Traded Value (Cr.) 35.79
TTQ / 2W Avg Q (Lakh) 1.91 / 1.53
Circuit Limits NA
Mkt. Cap. Full / Free Float (Cr.)1,12,967 / 1,01,670
Tagged with:
arss infra •
ARSS Infrastructure ProjectsARSS Infrastructure Projects Ltd has informed BSE that the Company has received a new work order from Office of the Chief Engineer, National Highways, Orissa on August 20, 2010 for Rs. 103.65 Crores.
Day’s High / Low 1,343.25 / 1,304.10
Previous Close / Open 1,302.60 / 1,304.10
Wtd. Avg Price 1,331.24
Circuit Limits 1,563.10 / 1,042.10
Mkt. Cap. Full / Free Float (Cr.) 1,975 / 395
Tagged with:
BseIndia •
bseindia google ads •
google adsBseindia like any other global stock exchange website started seeing revenues through Google ads , it was just today when i opened the website i saw google ads in the website , first i thought I opened a different website.
Bombay stock exchange is one of the oldest Asian Stock exchange.We already know that almost 1 million people visit the website every other day and almost million pages are viewed, Its the Indian population that is turning out to be business here.Google has come into collaboration with BSE website for now the ads could be of financial products when quotes are searched for banking stocks and of mobile phones for telecom stock pages.
The exchange sold a 4 per cent stake on Friday to billionaire investor George Soros for about USD 35 million (over Rs 160 crore).Currently, foreign investors hold a 30 per cent stake in BSE, lower than the permissible limit of 49 per cent.
Tagged with:
ifci infrastructure bond •
infrastructure bondIFCI Tax Exemption Long Term Infrastructure Bonds
Issuer IFCI Limited
Offering 1,00,000 Unsecured, Redeemable, Non-Convertible, Taxable Bonds of Rs. 5,000/- each aggregating to Rs. 50 Crore with a green-shoe option to retain over-subscription for issuance of additional Infrastructure Bonds
Type Private Placement basis
Instrument Unsecured, Redeemable, Non-Convertible, Taxable Bonds having benefits under section 80 CCF of the Income Tax, 1961 for long term Infrastructure Bonds
Rating BWR AA- by BRICKWORK RATINGS INDIA PVT LIMITED
Eligible Investors Resident Indian Individual (Major) and HUF through Karta of the HUF
Security Unsecured
Face Value Rs. 5,000/- per bond
Issue Price At par (Rs. 5,000/- per bond)
Minimum Subscription 1 Bond and in multiples of 1 Bond thereafter,
Tenure 10 years, with or without buyback option after five years
Options for Subscription
The Bonds are proposed to provide the following options-
• Option I – Non-cumulative and Buyback after 5 years
• Option II – Cumulative and Buyback after 5 years
• Option III – Non-cumulative and no Buyback
• Option IV – Cumulative and no Buyback
Redemption / Maturity
At par at the end of 10th year from the deemed date of allotment. For Cumulative Option, at par with cumulated interest thereon.
Coupon rate
• Option I & II- 7.85% p.a.
• Option III & IV – 7.95% p.a.
In case of cumulative bonds, interest shall be compounded annually
Listing Proposed to be listed on BSE
Trustee Axis Trustee Services Limited
Depository National Securities Depository Ltd. and Central Depository Services (India) Ltd.
Registrars Beetal Financial & Computer Services (P) Ltd.
Mode of Payment
Interest payment will be made through ECS/At Par Cheques/Demand Drafts
Issuance Demat form only
Trading Demat mode only
Issue Open Date August 9, 2010
Issue Close Date August 31, 2010
• The issuer would have an option to pre-close the issue by giving 1 day notice to the Arrangers
Deemed Date of Allotment September 15, 2010
Application form can be downloaded here.
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shriram transport finance corporation •
upper freezeSHRIRAM TRANSPORT FINANCE which opened at 732 or so on Friday and had a low of 725 or was hovering at that rate until 2.00 or so in the noon and there was a sudden spurt in volume and the stock closed at 769.20 up by almost 4.99 percent or 36.55 Rs.
The only news that came out is that “Shriram Transport Finance, small and medium commercial vehicles financer, is increasing fixed interest-rate loans and reducing the exposure to floating-rate loans as it sees interest rates moving up.”
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