Idea cellular and Spice Tele might merge

Idea and Spice Tele might for a deal in another week or so, thats what market is talkign about but it might be speculation also , i saw this first in moneycontrol , but i also saw this news some where else not sure , but Everyone knw that spice tele is planning for a IPO and its also doing a placement before IPO and Idea was buying in some good portion out of that , if this two company joins hand , they might be the third or fourth big Telecom operators in india.

Dividend Announcement – May 29 2007

500002 ABB Ltd. RD 6/7/2007 Stock Split From Rs.10/- to Rs.2/-
500003 Aegis Logistics Ltd. 25 % Dividend
531530 Betala Global Securities Ltd. BC 21/06/2007 A.G.M.
531719 Bhagiradha Chemicals and Industries 25 % Dividend
523229 Bharat Seats Ltd RD 5/7/2007 Bonus issue
526821 Dai-Ichi Karkaria Ltd. 11 % Dividend
532526 Dishman Pharmaceuticals & Chemicals Ltd. BC 28/07/2007 50% Final Dividend
517477 Elnet Technologies Ltd. 18 % Dividend
517300 Gujarat Industries Power Co. Ltd BC 18/09/2007 5% Dividend
509152 Gujarat Reclaim & Rubber Products L 85 % Final Dividend
508486 Hawkins Cooker Ltd. 70 % Dividend
500184 Himadri Chemicals & Industries ltd. 50 % Dividend
509627 Hindustan Dorr-Oliver Ltd. 25 % Dividend
500104 Hindustan Petroleum Corporation Ltd 120 % Dividend
526217 Hitech Plast Ltd. 8 % Dividend
509692 Indian Card Clothing Ltd 25 % Dividend
532514 Indraprashtha Gas Ltd. 30 % Dividend
530773 IVRCL Infrastructures & Projects Ltd. 50 % Dividend
500235 Kalyani Steels Ltd 40 % Dividend
500510 Larsen & Toubro Limited 100 %Final Dividend
532539 Minda Industries Ltd. 25 % Dividend
526159 Nikhil Adhesives Ltd. 10 % Dividend
504093 Panasonic Battery India Co.Ltd BC 29/06/2007 15% Dividend
523307 Panasonic Home Appliances India Company Ltd 10 % Dividend
531768 Poly Medicure Ltd 25 % Dividend
521149 Prime Textiles Ltd. 6 % Dividend
506618 Punjab Chemicals and Crop Protection Ltd. 25 % Dividend
530517 Relaxo Footwears Ltd. 15 % Dividend
530073 Sanghvi Movers Ltd. 125 % Dividend
514138 Suryalata Spinning Mills Ltd., 20 % Dividend
500411 Thermax Ltd. 130 % Final Dividend
532410 Transcorp International Ltd. BC 18/07/2007 6% Dividend
505978 Triton Valves Ltd., 100 % Dividend

Gayatri Projects has secured Five new orders aggregating to Rs 455.40 crores

Gayatri Projects has secured Five new orders aggregating to Rs 455.40 crores:

1. Name of the Employer: The Superintending Engineer, G.N.S.S. Circle, T.G,P. Colony, KADAPA
Value of Work (Rs in Crores): 111.96
2. Name of the Employer: The Superintending Engineer, DummagudemProject Circle, Khammam
Value of Work (Rs in Crores): 281.61

3. Name of the Employer: The Superintending Engineer, I&CAD, Irrigation Circle, Dowlaiswaram
Value of Work (Rs in Crores): 17.10
4. Name of the Employer: The Superintending Engineer, I&CAD, Irrigation Circle, Dowlaiswaram
Value of Work (Rs in Crores): 13.50
5. Name of the Employer: The Superintending Engineer, I&CAD, Irrigation Circie, Dowlaiswaram
Value of Work (Rs in Crores): 31.23

Tantia Constructions recieves projects worth 178 crore

Tantia Constructions Ltd has informed BSE that they have bagged the following projects
1.Work: Construction and Development of State Highways in the District of Rohtas, State of Bihar,Segment: Infrastructure – Roads,Amount: Rs 113.45 crore approx
2.Work: Construction and Development of State Highways in the District of Districts Lakhisaral & Jamui State of Bihar,Segment: Infrastructure – Roads,Amount: Rs 64.84 crore approx

tantia.jpg The Company with whatever data that was released to stock exchange as total of Rs 281.50 crores approx worth orders from CPWD in the last 3 months.

Dividend Announcement – May 28th 2007

500103 Bharat Heavy Electricals Ltd., 60 % Final Dividend
532121 Dena Bank BC 16/06/2007TO 8% Dividend
520022 Denso India Ltd 12 % Dividend
500650 Excell Industries Ltd., 10 % Dividend
530023 Fortune Financial Services (India) 10 % Final Dividend
506480 Gulf Oil Corporation Ltd. 75 % Dividend
500189 Hinduja TMT Ltd. 100 % Final Dividend
530965 Indian Oil Corporation Ltd. 130 % Final Dividend
532605 JBM Auto Limited 20 % Dividend
532508 Jindal Stainless Ltd. 20 % Final Dividend
590053 KAR MOBILES LIMITED BC 03/07/2007TO 30% Dividend
500520 Mahindra & Mahindra Ltd. 40 % Final Dividend (25% Final Dividend + Special Dividend 15%)
524084 Monsanto India Ltd. 25 % Final Dividend
517334 Motherson Sumi Systems Ltd., BC 25/07/2007TO 150% Dividend
524709 Nagarjuna Agrichem Ltd BC 20/07/2007TO 20% Final Dividend
500294 Nagarjuna Construction Co. Ltd., 20 % Final Dividend
590057 Northgate Technologies Limited 40 % Final Dividend
520021 Omax Autos Ltd., 22.5 % Dividend
503162 Reliance Chemotex Industries Ltd., 10 % Dividend
532687 Repro India Ltd. 20 % Dividend
522152 Solitaire Machine Tools Ltd BC 16/06/2007TO 6% Dividend
532356 Triveni Engineering & Industries Ltd RD 15/06/2007 15% Second Interim Dividend
507878 Unitech Ltd., 25 % Dividend
590012 Usha International Ltd. 100 % Dividend
531544 Vertex Spinning Limited 12 % Dividend
500483 Videsh Sanchar Nigam Ltd., 45 % Dividend

Unitech Hotel IPO – the saga as started

Unitech Hotel is in the making , sources say that UNITECH might plan to hive off the hotel business into a new company called Unitech Hotels , they are planning to almost 25 hotels under its flagship name Unitech , they are also already approached by major infra funds and US Fund houses.Think this is too many surprises for Unitech today.

Decolight Ceramics IPO Subscription detail

Decolight Ceramics IPO : A manufacturer of vitrified ceramic tiles ,IPO closes on May 29 just one more day for closing the IPO is not yet fully subscribed , considered to be a ok IPO with ifrastruction growing at the rate of 30% , one can invest in this IPO.
Price band of Rs 45-54 per share
Plans to raise Rs 43.45 crore

Market closed in green but closed well below todays high

I was not able to see the opening today from home , i was busy attending a wedding and thats the time by phone came handy , i used the GRPS in my phone and connected to the wap site of BSEINDIA i have to say thats the one of the best wap site by means of usage i have seen , i tracked the market almost for 30 minutes through the phone , BSE Sensex, which stayed above the 14,500 level, for most past of the day, suddenly started declining in late afternoon trade, on heavy profit booking.It gained 59.44 points or 0.41% to settle at 14,397.89, There was nothing to worry for the market when it opened so market opened today with 175 points above previous close , Profit taking in the afternoon session saw the points decline to where it stands now .It almost stays 340 points below the Market all time high of 14723 points.

IVRCL Infrastructure declares its Quarter results – pretty imressive

IVRCL Infrastructure has announced its Q4 and FY07 results. The company has reported net profit of Rs 72.3 crore (Rs 723 million) in Q4 of FY07 as against Rs 43.8 crore (Rs 438 million) in Q4 of FY06 and revenue of Rs 1009.3 crore (Rs 10.09 billion) versus Rs 590.6 crore (Rs 5.9 billion).so the results are above expectation and this has been already witnessed in the market by the stock price going up by 20 rs.

Unitech Declares Quarterly and Yearly results

Just a warning please dont try to understand Untechs results , they always post a 1000% increase in net profit and sales ,Unitech has declared its FY07 numbers. The company has reported consolidated net profit of Rs 1305 crore (Rs 13.05 billion) versus Rs 87.7 crore (Rs 877 million) and consolidated revenue of Rs 3,388 crore (Rs 33.88 billion) versus Rs 954 crore (Rs 9.54 billion).FY07 EPS stood at Rs 16.07. and also as you know they have declared 1: 1 bonus , now they have a land bank of 475 Million sq ft compared to DLF land bank of 575 million , the figures that i have give over here is approximate , point i’m trying to make is Unitech is almost in the race to catch the top place.