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 K.S.Ravikumar. The director has in the past directed two super hit films of Super Star Rajinikanth – ‘Muthu’ and ‘Padayappa’.

> They have planned to start the picture from March 2011
> Rana will be a live action magnum opus with Rajini playing triple role and will be released in Tamil, Telugu and Hindi.
> Music would be done by Oscar Award Winner A R Rahman,
> Director of Photography would be Ratnavelu, Editing would be done by Antony.
> The technical and special effects director will be Soundarya Rajinikanth and Charles Darby of Eyeqube Studios, renowned visual effects luminary and an Emmy award winner will be the visual effects supervisor on the film.
>The film is schedule to release in FY 2010.
Media Release Link

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 far in year 2011 which is just almost 20 days oif business may be,As you know that RBI was hinting that if there is growth in western economy FII would pull out money out of market to invest in the western market.

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 for depositing funds with the central bank will be at 5.50%.
>Cash reserve ratio, the proportion of deposits that banks have to keep aside, was left untouched at 6%.

Forecasts

>They have also raised March inflation forecast to 7% from 5.5% .
>The central bank maintained that India’s GDP will grow at 8.5% for FY-2011.

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 Members.
2. The Board has decided to Issue of Bonus shares in proportion of 1 Equity Share for every 1 Equity Share held by the member. (Ratio 1:1), subject to Members’ approval.
3. The Board has decided to convene An Extra Ordinary General meeting on February 25, 2011.

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 December 31, 2010.

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 ended December 2010 includes the operations of State Bank of Indore also. The Current QTR figure really cant be compared with Previous year QTR.

Result Snippet

SBI’s total income increased by 14.7 per cent to Rs 36,966.87 crore in the October-December quarter of 2010 from Rs 32,231.45 crore in the same quarter last fiscal.

The bank posted a net profit of Rs 3,710.48 crore during the quarter compared to Rs 3,304.59 crore in the same quarter a year ago.

On a standalone basis, SBI’s net profit grew 14 per cent to Rs 2,828.06 crore in the third quarter against Rs 2,479.05 crore in the year-ago period.

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 when they are going to offer 3G , Anyway i will go over with the process to do Mobile Number Portability.

The things you have to know before Mobile Number portability are You can switch from a current prepaid connection to a postpaid one with the new service provider.

>There is compatibility between CDMA and GSM phones so they can switch over whatever way.
>But you have to switch only in the same service area.Like chennai to same chennai and Mumbai to Mumbai only.

Steps to be Done for Number Portability

1. To begin with, you need to generate UPC (Unique Porting Code) by sending SMS to 1900.
• SMS to be sent : PORT to 1900. Operator SMS charges will be applicable.
• Eg. SMS PORT 98XXXXXXXX to 1900

2. After sending SMS to 1900, you will receive UPC (Unique Porting Code) as a SMS from 1901 giving 8 digit alpha-numeric Unique Porting Code (UPC) and UPC expiry date in MM/DD/YYYY format

3. Visit your nearest new service provider outlet / showroom

4. Fill Mobile Number Porting (MNP) form providing details like • Current Mobile Number,• Current Operator name,• UPC code

5. Submit Address & Id proof documents, self-attested photo and last bill copy of postpaid connection (if applicable) along-with filled MNP form and Customer Agreement Form.

6. Buy the new service provider MNP SIM card from new service provider outlet / showroom. SIM charges, talktime value and porting charge are non-refundable in the event of cancellation / rejection of port-in request.

7. Your new service provider will send an SMS on your old/existing operator’s SIM (existing connection) intimating about the porting date and time, i.e. the date and approximate time till when you can continue to use your existing operator’s SIM card.

8. There will be a 2-hour ‘no service period’ which will begin after the porting time as given above. The ‘no service period’ will be between 12 midnight to 5 am during which your mobile service will not be active on any SIM. All efforts will be made to ensure that this ‘no service period’ causes minimum inconvenience to you.

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 has for his master Cock Fighter.
Dhanush has done his part very good i kind of started liking him very good acting compared to other heroes that are aspiring now , The Film started with daily life of Clash between two Cock Fighting parties and the story line is how Dhanush is becoming a single day champion cutting all the grounds and creating a tiff between his Master , the whole first part was fast paced and it shows how Dhanush wins against the Rival team even though his master told to kill his cock as it dint perform well during training , With that same Rooster that his master told to kill because its not fit Dhanush will challenge and win 3 Cock Fighting game , and everyone starts praising Dhanus and he is the next leader for the game .
The second half creates Grudge for the Master and that revolves has story of how his master punishes Dhanush for this reason .There is this love Part for the film where the Anglo Indian girl Tapsee plays the role and that has also come well , on the direction side it was ok it can be better on the story line side it just lot of incidents .Finally the background score its kind of copied god father tune kind of changed a bit to look good for a tamil movie.

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 (MOU) with Starbucks Coffee International, Inc. (Starbucks) for a potential strategic collaboration in areas of Sourcing of coffee beans, coffee roasting facilities etc relating to Starbucks entering retail operations in India initially and for other Asian countries over time. This arrangement is subject to the negotiation and execution of definitive agreements by both Tata Coffee and Starbucks.

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 Rs 7396 Crore for the quarter ended December 31, 2010.

Operating profit also increased just by 2.34% at Rs 2,147 crore as against Rs 2,098 crore on quarter-on-quarter basis.Company’s consolidated revenues came in at Rs 7,106 crore from Rs 6,947 crore, up just 2.29% on QoQ. Infosys reported revenues at USD 1585 million, a growth of 5.94% (QoQ).
The Result is Below Market Expectation and so for now the stock is down 125 rs and the market is down by 85 points.
Infosys Fact Sheet for the Quarter Ended December 2010

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, Lucknow, Ranchi, Rohatak and Shillong, in the country that the students can apply for .CAT 2010 Exam was held online from October 27 to November 24.

Cat 2011 Results can be seen here.
Students also can check thier CAT 2011 results through toll free number 1-800-103-9293.

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 KM 515.00 (Length 79.36 KM) in the State of Karnataka to be executed on BOT (Toll) Project on DBFO pattern under NHDP Phase V, to be executed by one of its subsidiaries viz. Ashoka Belgaum Dharwad Tollway Private Limited at a total Project Cost of Rs. 694 Crores and having a Concession Period of 30 years.

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, 2011.
2. Reclassification of authorised share capital from preference share capital to equity share capital as follows to enable the bonus issue.(a) 30,00,000 Preference Shares of Rs. 100/- each into 15,00,00,000 equity shares of Rs. 2/- each.
3.Further the Company has informed that the Board of Directors also declared a Special Interim dividend for the year 2010 at Re. 1 per share of Rs. 2/- each (50%).

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 Distribution Co. Ltd. The value of the order is 66 crore.

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 period last year achieving 63% growth. The Q3 orders have originated 91% from domestic and 9% from foreign territories, 56% from Govt. sector and 44% from private sector. The major contributory verticals are Roads 23%, Power 22% Urban Infra 17%, Railways 12%, Building & housing 10%, Bridges 6%, Industrial 5%, Piling 3% and Marine 2%. In addition to the orders received, Simplex Infra has LI status of Rs. 1164 cr as of Dec’10.

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) India Chennai Super Kings 1300000
M Vijay (retained) India Chennai Super Kings 900000
R Ashwin India Chennai Super Kings 850000
S Badrinath India Chennai Super Kings 850000
Doug Bollinger Australia Chennai Super Kings 700000
Albie Morkel (retained) South Africa Chennai Super Kings 500000
Michael Hussey Australia Chennai Super Kings 425000
Sudeep Tyagi India Chennai Super Kings 240000
Dwayne Bravo West Indies Chennai Super Kings 200000
Scott Styris New Zealand Chennai Super Kings 200000
Joginder Sharma India Chennai Super Kings 150000
Faf du Plessis South Africa Chennai Super Kings 120000
Ben Hilfenhaus Australia Chennai Super Kings 100000
Nuwan Kulasekara Sri Lanka Chennai Super Kings 100000
Wriddhiman Saha India Chennai Super Kings 100000
Suraj Randiv Sri Lanka Chennai Super Kings 80000
George Bailey Australia Chennai Super Kings 50000
Dale Steyn South Africa Deccan Chargers 1200000
Cameron White Australia Deccan Chargers 1100000
Dan Christian Australia Deccan Chargers 900000
Kumar Sangakkara Sri Lanka Deccan Chargers 700000
Kevin Pietersen England Deccan Chargers 650000
Pragyan Ojha India Deccan Chargers 500000
Ishant Sharma India Deccan Chargers 450000
Amit Mishra India Deccan Chargers 300000
JP Duminy South Africa Deccan Chargers 300000
Shikhar Dhawan India Deccan Chargers 300000
Manpreet Gony India Deccan Chargers 290000
Rusty Theron South Africa Deccan Chargers 85000
Michael Lumb England Deccan Chargers 80000
Chris Lynn Australia Deccan Chargers 20000
Irfan Pathan India Delhi Daredevils 1900000
Virender Sehwag (retained) India Delhi Daredevils 1800000
David Warner Australia Delhi Daredevils 750000
Umesh Yadav India Delhi Daredevils 750000
Venugopal Rao India Delhi Daredevils 700000
Morne Morkel South Africa Delhi Daredevils 475000
Ashok Dinda India Delhi Daredevils 375000
James Hopes Australia Delhi Daredevils 350000
Aaron Finch Australia Delhi Daredevils 300000
Naman Ojha India Delhi Daredevils 270000
Ajit Agarkar India Delhi Daredevils 210000
Colin Ingram South Africa Delhi Daredevils 100000
Matthew Wade Australia Delhi Daredevils 100000
Andrew McDonald Australia Delhi Daredevils 80000
Roelof van der Merwe South Africa Delhi Daredevils 50000
Robert Frylinck South Africa Delhi Daredevils 20000
Travis Birt Australia Delhi Daredevils 20000
David Hussey Australia Kings XI Punjab 1400000
Adam Gilchrist Australia Kings XI Punjab 900000
Dinesh Karthik India Kings XI Punjab 900000
Piyush Chawla India Kings XI Punjab 900000
Abhishek Nayar India Kings XI Punjab 800000
Praveen Kumar India Kings XI Punjab 800000
Shaun Marsh Australia Kings XI Punjab 400000
Stuart Broad England Kings XI Punjab 400000
Ryan Harris Australia Kings XI Punjab 325000
Dmitri Mascarenhas England Kings XI Punjab 100000
Nathan Rimmington Australia Kings XI Punjab 20000
Mahela Jayawardene Sri Lanka Kochi 1500000
Muttiah Muralitharan Sri Lanka Kochi 1100000
Ravindra Jadeja India Kochi 950000
Sreesanth India Kochi 900000
RP Singh India Kochi 500000
Brendon McCullum New Zealand Kochi 475000
Vinay Kumar India Kochi 475000
Brad Hodge Australia Kochi 425000
VVS Laxman India Kochi 400000
Parthiv Patel India Kochi 290000
Owais Shah England Kochi 200000
Steven Smith Australia Kochi 200000
Ramesh Powar India Kochi 180000
Thisara Perera Sri Lanka Kochi 80000
Michael Klinger Australia Kochi 75000
John Hastings Australia Kochi 20000
Steve O’Keefe Australia Kochi 20000
Gautam Gambhir India Kolkata Knight Riders 2400000
Yusuf Pathan India Kolkata Knight Riders 2100000
Jacques Kallis South Africa Kolkata Knight Riders 1100000
L Balaji India Kolkata Knight Riders 500000
Manoj Tiwary India Kolkata Knight Riders 475000
Shakib Al Hasan Bangladesh Kolkata Knight Riders 425000
Brett Lee Australia Kolkata Knight Riders 400000
Eoin Morgan England Kolkata Knight Riders 350000
Brad Haddin Australia Kolkata Knight Riders 325000
Jaidev Unadkat India Kolkata Knight Riders 250000
Ryan ten Doeschate Netherlands Kolkata Knight Riders 150000
James Pattinson Australia Kolkata Knight Riders 100000
Rohit Sharma India Mumbai Indians 2000000
Sachin Tendulkar (retained) India Mumbai Indians 1800000
Harbhajan Singh (retained) India Mumbai Indians 1300000
Kieron Pollard (retained) West Indies Mumbai Indians 900000
Andrew Symonds Australia Mumbai Indians 850000
Munaf Patel India Mumbai Indians 700000
Lasith Malinga (retained) Sri Lanka Mumbai Indians 500000
Davy Jacobs South Africa Mumbai Indians 190000
Clint McKay Australia Mumbai Indians 110000
James Franklin New Zealand Mumbai Indians 100000
Moises Henriques Australia Mumbai Indians 50000
Aiden Blizzard Australia Mumbai Indians 20000
Robin Uthappa India Pune Warriors 2100000
Yuvraj Singh India Pune Warriors 1800000
Angelo Mathews Sri Lanka Pune Warriors 950000
Ashish Nehra India Pune Warriors 850000
Graeme Smith South Africa Pune Warriors 500000
Murali Kartik India Pune Warriors 400000
Callum Ferguson Australia Pune Warriors 300000
Mitchell Marsh Australia Pune Warriors 290000
Tim Paine Australia Pune Warriors 270000
Wayne Parnell South Africa Pune Warriors 160000
Jesse Ryder New Zealand Pune Warriors 150000
Alfonso Thomas South Africa Pune Warriors 100000
Jerome Taylor West Indies Pune Warriors 100000
Nathan McCullum New Zealand Pune Warriors 100000
Shane Warne (retained) Australia Rajasthan Royals 1800000
Shane Watson (retained) Australia Rajasthan Royals 1300000
Ross Taylor New Zealand Rajasthan Royals 1000000
Johan Botha South Africa Rajasthan Royals 950000
Rahul Dravid India Rajasthan Royals 500000
Shaun Tait Australia Rajasthan Royals 300000
Paul Collingwood England Rajasthan Royals 250000
Pankaj Singh India Rajasthan Royals 95000
Virat Kohli (retained) India Royal Challengers Bangalore 1800000
Saurabh Tiwary India Royal Challengers Bangalore 1600000
AB de Villiers South Africa Royal Challengers Bangalore 1100000
Zaheer Khan India Royal Challengers Bangalore 900000
Cheteshwar Pujara India Royal Challengers Bangalore 700000
Dirk Nannes Australia Royal Challengers Bangalore 650000
Tillakaratne Dilshan Sri Lanka Royal Challengers Bangalore 650000
Daniel Vettori New Zealand Royal Challengers Bangalore 550000
Abhimanyu Mithun India Royal Challengers Bangalore 260000
Charl Langeveldt South Africa Royal Challengers Bangalore 140000
Mohammad Kaif India Royal Challenges Bangalore 130000
Johan van der Wath South Africa Royal Challengers Bangalore 95000
Luke Pomersbasch Australia Royal Challengers Bangalore 50000
Jonathan Vandiar South Africa Royal Challengers Bangalore 20000
Nuwan Pradeep Sri Lanka Royal Challengers Bangalore 20000
Rilee Rossouw South Africa Royal Challengers Bangalore 20000

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%, brinjal 95%, onion at 83% and cauliflower 70%.
“The new WPI [wholesale price-based index] has higher weight for protein sources, reflecting a changing consumption pattern. As a result, because the prices of these items are rising steadily, the inflation level has been worriedly high despite a good monsoon,”Said RBI Deputy Governor Mr.Gokarn


Its just not india It all over the world the Food Prices are increasing.