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Thursday August 28th 2014

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Apple introduces Apple – iPhone 4S

ColorWhite Black Capacity116GB32GB64GB Price2$199$299$399 Size and Weight3 Height: 4.5 inches (115.2 mm) Width: 2.31 inches (58.6 mm) Depth: 0.37 inch (9.3 mm) Weight: 4.9 ounces (140 grams) Cellular and Wireless World phone UMTS/HSDPA/HSUPA (850, 900, [...]

Wipro Announces Quarter Ended December 2011 Results

Wipro Announces Quarter Ended December 2011 Results

Wipro announced little better than expected results and and stocks soared because of that , the Company has posted a net profit of Rs. 10639 million for the quarter ended December 31, 2011 as compared to Rs. 12239 million for the quarter ended December 31, 2010. Total Income has increased from Rs. 67876 million for the quarter ended December 31, [...]

Reliance Communication is planning for Flag Telecom IPO – Reliance Globalcom ipo

Reliance Communication is planning for Flag Telecom IPO – Reliance Globalcom ipo

Reliance Telecom is planning to raise more than 7600 crore may be to put it in dollars 1.5 million dollars but not here in inidan market but in a Singapore listing , its planning to list its submarine cable assets, said a person with knowledge of the matter.This is their in all the news now ,they are planning to sell 75 per cent of Reliance [...]

Highest Paid Deposit As on January 2012 -Senior Citizen and Normal Rate

Highest Paid Deposit As on January 2012 -Senior Citizen and Normal Rate InstitutionDurationRateSenior CitizenDeposit Amount Restrictions Lakshmi Vilas Bank (LVB)1 year-2 years10.510.75 Tamilnad Mercantile Bank (TMB)1 year-2 years10.2510.5Must be atmost Rs. 1 crore Catholic Syrian Bank (CSB)375 days-990 days10.110.6Must be atmost Rs. 50 [...]

Market down by more than 300 points

Market down by more than 300 points

Indian Market was down by more than 300 points , Intense selling was seen across all sector , supported by weak cues from global markets mainly european market now . All the sectoral indices were in the negative territory with realty, metals and banks the major under-performing sectors.The European markets opened almost 3 Percent low because of [...]

Food Inflation

Food Inflation

Inflation data was released yesterday and the food inflation for the week ended September 17, reached to 9.13 per cent as against 8.84 a week ago.

L&T FINANCE Holdings listing on august 12 2011

L&t finance holdings limited is getting listed on august 12 2011 ,it will be traded with bse scrip code 533519 , the stock had been fixed at 52 rs retail.

Monday Carnage happening after Friday Carnage

Monday Carnage happening after Friday Carnage

Indian shares opened in red and started following the friday trend and it almost fell sharply to a new 14-month low in early trade Monday and still its in red by almost averaging points not less then 450.It just replying to a broad-based sell-off in Asian equities, after a S&P downgrade of U.S. government debt heightened concerns over the growth [...]

Wallstreet Plunges worst fall since December 2008

Wallstreet Plunges worst fall since December 2008

US market yesterday saw massive crash and All three major markets got into negative territory for the year as investors were rattled over an intensifying global economic slowdown and ahead of the widely-followed monthly unemployment report. The CBOE volatility index surged more than 35%.Dow Jones Industrial Average slipped 4.31% [...]

L&T Finance Holding IPO Price set near Lower band

It was good news from L&T finance holding , they had their IPO over subscribed by more than 5 times or so and it was heard most of the bidding was near the higher band of 69 still the company has set the IPO price at 52 rs , which is really good for the investors and retailers , have never seen any company doing like this when the subscription was [...]

L&T Finance IPO Over subscription Details

L&T Finance IPO which is closing today as of yesterday evening was totally subscribed by mere 1.22 times or so , its kind of end of month and most probably everyone would get the salary today and not sure how many retailers will apply today , Total Issue Size 214508067 Total Bids Received 260779100 Total Bids Received at Cut-off [...]

RBI raises Interest rate by 50 basis points

India's central bank Tuesday took measure that the goveenment failed to make ,it  hiked its key rates by 50 basis points each in the 11th such exercise since January 2010 to tame inflation, setting the stage for commercial banks to raise their interest on personal and corporate loans. The repurchase rate, or the interest levied on short-term [...]

L&T FINANCE HOLDINGS IPO and Allotment Details

L&T Finance Holdings' initial public offering (IPO) opens for bidding on 27 July 2011. The IPO closes on 29 July 2011. L&T Finance Holdings is a subsidiary of engineering and construction major Larsen & Toubro. The company plans to use the IPO proceeds to repay Rs 345 crore to its parent, enhance its own capital base by infusing Rs 570 crore into [...]

Inflation Data comes out – No body likes it

Inflation for june 2011 rises to 9.4% and Inflation figure for April 2011 revised upwards to 9.74% - Sorry RBI you have not done the job right yet , taming of interest rates is not enough yet.India's WPI based inflation for June 2011 has inched up to 9.44% from 9.06% in May 2011. The inflation for three major sub-groups such primary articles, [...]

Tata Consultancy Services Results – Announces quarter ended June 2011 Results

Tata Consultancy Services Results – Announces quarter ended June 2011 Results

Tata Consultancy Services net profit rose 32.51 Percent to Rs 2062.43 crore in the quarter ended June 2011 compared to Rs 1556.41 crore during the previous quarter ended June 2010. Sales rose 34.36 Percent to Rs 8613.56 crore in the quarter ended June 2011 compared to Rs 6410.95 crore during the previous quarter ended June 2010. Consolidated [...]

Bajaj Finserv Results – Announces quarter ended June 2011 Results

Bajaj Finserv net profit declines 1.69% to Rs 12.21 crore in the quarter ended June 2011 compared to Rs 12.42 crore during the previous quarter ended June 2010. Sales declined 11.47% to Rs 25.70 crore in the quarter ended June 2011 compared to Rs 29.03 crore during the previous quarter ended June 2010. Consolidated Results In the consolidated [...]

Bajaj Finance Results – Announces quarter ended June 2011 Results

Bajaj Finance net profit rises 94.12% to Rs 90.81 crore in the quarter ended June 2011compared to Rs 46.78 crore during the previous quarter ended June 2010. Sales rose 54.13% to Rs 416.35 crore in the quarter ended June 2011 compared to Rs 270.13 crore during the previous quarter ended June 2010.

Sun Pharma Advanced Research Company Rights Issue

Sun Pharma Advanced Research Company Ltd informed the company that it is planning to to consider in principle, the issue of equity shares of Re. 1 each of the Company by way of rights issue for raising the funds for the Company. Further the Company has informed that, as per the agenda of the Committee Meeting,however the Committee shall not [...]

Residency Projects & Infratech Limited Announces Bonus

Residency Projects & Infratech Limited has informed the market that its members at the 26th Annual General Meeting (AGM) of the Company which was held on July 09, 2011, inter alia, have approved the following: 1. Declaration of Dividend of Re. 1/- (10%) per equity share. 2. Issue of Bonus Shares in the ratio of one equity share for every [...]

Infosys Results – Announces Results for the Quarter Ended June 30, 2011

Infosys informed the market of its Quarter Ended June 30, 2011 Results . Revenues  Revenues were `7,485 crore for the quarter ended June 30, 2011;QoQ growth was 3.2%; YoY growth was 20.8%  Net profit after tax was `1,722 crore for the quarter ended June 30, 2011;QoQ decline was 5.3%; YoY growth was 15.7%  Earnings per share (EPS) [...]

Results – To be Declared on July 11th 2011

Results season has started and today these are the company that are coming out with results. Company ASM Tech Bilcare-$ Chemfab Alk CMC Esaar India Essar Oil Interlink Petro Jamna Auto Kavveri Telecom-$ Nalin Lease Rishab Spec Shanthi Gears [...]

McNally Bharat Engineering Company Limited bags order worth 27.99 Crore

McNally Bharat Engineering Company Ltd has informed the market that the Company have received an order from Hindalco Industries Ltd (Unit: Mahan Aluminium) for Construction of Civil Foundation and Structural Steel Work of Pipe Rack for 6X 150 MW Captive Power Plant at Bargawan, Singrauli, Madhya Pradesh at price of Rs 27.99 Crores.

Man Infraconstruction Ltd bags orders worth Rs 95 crore

Man Infraconstruction Ltd has informed the market that the company has secured following work orders aggregating to approximately Rs 95 crore: 1. Civil and structural works for Residential Towers from Park View Developers at Borivali,Mumbai; and 2. Additional work order for Civil and structural works for Residential Towers from Goldbricks [...]

ARSS Infrastructure Projects bags order worth 21.18 crore

ARSS Infrastructure Projects informed the market that the Company has been awarded with a new work order from the Office of the Executive Engineer, Kalahandi, R&B Division, Bhawanipatna, Kalahandi, Odisha on July 07,2011 for Improvement of Bhwanipatna - Rayagada Road from 0/0 to 26/0 K.M for an amount aggregating Rs. 21.18 crores.

Bank Deposits might go up again

Its almost 6 months bank dint raise the deposit rate ,im thinkig in 10 days or so they might raise it again as all the banks started raising bplrs.we might hit the 11 % mark soon in this year .I will talk about various deposit rates that is prevailin in banks soon in another post.

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