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Archive for January, 2011

SuperStar RajiniKanth’s Next Movie RANA – Eros International to Produce

SuperStar RajiniKanth’s Next Movie RANA – Eros International to Produce

I was reading this news in time of india today about Superstaras new movie , thought another rumour is floating around , but today i saw a BSE filing from EROS International as following Eros International Media Limited and Ocher Studios Private Limited have teamed up to co-produce 'RANA' to be directed by ace director [...]

Market in Deep Red for 3rd straight day

Market in Deep Red for 3rd straight day

Market which is battered across all the sector is in deep red for the third day or so.Market might be factoring the Inflation worries and also the earnings worries because of slowdown in growth. And also Foreign investors have been pulling out money from Indian equities; they were net sellers of around Rs 5,000 crore so [...]

Reserve Bank of India Raises Repo and Reverse Repo Rate by 25 Basis Points

RBI informed the market that in its quarterly monetary policy review which happened today Tuesday have soaring inflation stalks Asia's third-largest economy.On behalf of that RBI raised repo and reverse repo rates by 25 basis points each. >Repo rate , the one at which RBI lends to banks will now be 6.50%, >Reverse repo,The rate banks receive [...]

Shree Nath Commercial & Finance Bonus issue

Shree Nath Commercial & Finance Ltd has informed the market that the company in a meeting that was held has approved the following items. 1. Board has considered proposal to increase Authorised Capital from Rs. 6 crore to 12 crore and accordingly to alter Memorandum of Association and Article of Association, Subject to the approval of [...]

Indian Bank Results – Announces December QTR ending 2010 Results

Indian Bank has announced the market that it has posted a net profit of Rs 4912.941 million for the quarter ended December 31, 2010 as compared to Rs 4413.818 million for the quarter ended December 31, 2009. Total Income has increased from Rs 23082.805 million for the quarter ended December 31, 2009 to Rs 26405.857 million for the quarter ended [...]

State Bank of India Results – Declares 2010 December Ended QTR Results

State Bank of India informed today that it has reported net profit of Rs 2828.06 crore in the quarter end of December 2010. Its Total operating income reported to Rs 21412.79 crore in the quarter ended December 2010.As we know that State Bank of Indore was amalgamated with the bank with effect from 26 August 2010 , so the values for the quarter [...]

Food Inflation at 15.52 Per Cent for week Ending Jan 8 2011

Food price index rose 15.52% and the fuel price index climbed 11.53% in the year to January 8, government data on Thursday showed.In the prior week, annual food and fuel inflation stood at 16.91% and 11.53%.

Mobile Number Poratability – So Did you Change your Number

Mobile Number Poratability is already there and you can now go and on change the compan from Airtel to BSNL or VOdafone or whatsoever and just have the same mobile number , Im not sure atleast me im thinkingi will stay with whatever number i have now with airtel i feel like pride in being airtel customer , but that decision might change based on [...]

Aadukalam Movie review

Aadukalam Movie yet another movie from the locality of Madurai , Subramania Puram started this trend and some people are kind of tired of seeing the movie again and again from the same locality and same Madurai Slang , anyway starting with the Movie The film is about Cock Fight and how group of people live life for that and the respect the Hero [...]

Starbucks in India through Tata Coffee Alliance with Starbucks

Starbucks in India through Tata Coffee Alliance with Starbucks

Tata Coffee Ltd has informed the market that Starbucks, the US giant Coffee Company is making an entry with its famed stores into India. It has held several meetings with Tata Coffee Limited, India's largest Coffee Producing Company for a possible alliance.It informed that the Company has entered into a non binding Memorandum of Understanding [...]

Artson Engineering bags order worth 28 Crore

Artson Engineering Ltd has informed the market that they have received an EPC contract awarded, by Nagarjuna Oil Corporation Ltd. for package no. 1 Tankages works consisting of Floating & Fixed Roof Tanks - 14 Nos. The approximate value of this order is Rs. 28 Crore and the contract has to be executed in 12 months time.

Elecon Engineering Co bags order worth 24.83 Crore

Elecon Engineering Co.Ltd. informed the market that the Company has been awarded prestigious orders of Rs. 24.83 Crores from S.K.Samanta & Co. (P) Limited for design, engineering, manufacturing, Supplying, Erectioning, Testing, commissioning of Material Handling Equipments and other Equipments.

Infosys Technologies Results for quarter ended December 31, 2010

Infosys Technologies Ltd informed the market the results for the quarter ended December 31, 2010 , Infosys has posted a net profit of Rs 1780 crore for the quarter ended December 31, 2010 as compared to Rs 1559 Crore for the quarter ended December 31, 2009. Total Income has increased from Rs 5971 Crore for the quarter ended December 31, 2009 to [...]

Cat 2011 Results are announced

CATIIM has informed the news agency that the Common Admission Test 2010 (CAT 2010) result on January 12, 2011.The students, can visit the official website www.catiim.in. But sorry again the site is down because of the overwhelming response to see the results.There are totally 11 IIMs, includingAhmedabad, Bangalore, Calcutta, Indore, Kozhikode, [...]

Ashoka Buildcon bags order from NHAI

Ashoka Buildcon Limited informed the market that the company has received Letter from National Highways Authority of India (NHAI) declaring achievement of Financial Closure for the Project viz, to carry on the business of Designing, Building, Financing, Operation and Maintenance of Four to Six Laning of Belgaum-Dharwad Section of NH-4 KM 433.00 to [...]

Bhandari Hosiery Exports Bonus Issue

Bhandari Hosiery Exports Ltd has informed the market that on the meeting that is going to be held on January 15th 2010 they will consider issue of bonus shares to the existing shareholders of the Company.

Hexaware Bonus Issue and Dividend

Hexaware Technologies Ltd has informed the market that the company in the board meeting that was held on January 11, 2010, recommended the following items. 1. Issue of bonus shares In the ratio of One (1) equity share of Rs. 2/- each fully paid up for every existing One (1) equity share. Bonus shares shall be credited on or before March 09, [...]

Spanco Ltd bags order worth 66 Crores

Spanco Ltd has informed the market that the Company has received a Letter of Award (LOA) in respect of Turnkey Contract for Gaothan Feeder Separation Scheme for left out villages / wadies & balance feeders in Nagpur (Rural) and Nagpur (Urban) Zone from the office of Chief engineer (Dist. Special Project Cell), Maharashtra State Electricity [...]

Simplex Infrastructures bags order worth 2128 Crore

Simplex Infrastructures Limited has informed the market that the company has bagged orders aggregating to Rs. 2128 cr during Q3 of FY11 as compared to Rs. 1219 cr in the same quarter last year registering a robust growth of 75%. The cumulative order intake during April - Dec of FY11 amounts to Rs. 6218 cr as compared to Rs. 3818 cr in the same [...]

2011 IPL Team List – IPL auction 2011 result

2011 IPL Auction happened today and it has come out with the following list , there are some teams which still need to get some more member but end of the day this is the result as of today. Player Name Country IPL Team Cost MS Dhoni (retained) India Chennai Super Kings 1800000 Suresh Raina (retained) [...]

Food Inflation at 18.32 – Sorry dont eat vegetables anymore

Food Inflation at 18.32 – Sorry dont eat vegetables anymore

Annual inflation rate of food article prices came out yesterday and compared to previous year ,The wholesale price index, or WPI, (with base year 2004-05) for the week ended December 25 rose to 18.32 per cent from the 14.44 per cent of the preceding week.In the last one week, the prices of the humble tomato has gone up by 113%, cabbage by 127%, [...]

Chartered Logistics bags order worth 11 Crore for Transportation Order

Chartered Logistics Ltd has informed BSE that the Company has got transportation order from Mahi cement - A group of India Cement Ltd. of Rs. 50 Millions and got an additional order of transportation of Rs. 60 Millions from kalapataru Power Transmission Ltd. vide total 110 Millions orders in month of January 2011.

Kiri Dyes and Chemicals Stock Split

Kiri Dyes and Chemicals Ltd has informed the market that the company in a meeting that will be held on January 17, 2011, inter alia, will consider and approve sub-division of equity shares along with other businesses.

Unity Infraprojects bags order worth 122.14 crore

Unity Infraprojects Ltd has informed the market that the company has bagged Construction of Residential Accommodation at Mamun (Pocket-2) by the Director General, MAP - Government of India. The awarded Contract Value is Rs. 122.14 crores , The Execution time for the same is 27 months.

Diamant Infrastructure bags order worth 40.90 Crore

Diamant Infrastructure Ltd has informed BSE that the Company has been awarded work for price of Rs. 40.90 Crore by Ashoka Buildcon Ltd., Nasik for Construction of Road Section, box culverts, HP culverts from km. 43.00 to 75.00 on NH-6 Sambalpur-Bargarh-Orissa / Chhatisagarh road project in the state of Orissa.

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