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.
Record 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
Bajaj 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.
Auto 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.
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
ARSS 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
Bseindia 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.
SHRIRAM 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.”
Naan mahaan alla starts with a crime scene and slowly then story revolves around Karthi and kajal with mix of romance and karthis nakkal jokes.
The story from starting has the crime revolving around the whole movie until interval.songs are all repeat from other yuvans movie.crime sequences all look same as anjathe style so have to appreciate that.Basically the movie is slow romance and jovial and no story until half time. Finally the second half started as expected Karthis fimaily get involves into the web of the chennai crime and they are affected now the whole second half goes how karthi takes revenge of the same , no twist no nothing and no kajal after second half , Paiyaa was car chase and this was bike and foot chase , sorry guys Studio green and Cloud nine has let down the screen play and story , the students who are villians and also the reason for the crimes in the movie are like heroes of the movie .Nothing else to say much about the movie , oh ya there was huge applause and Claps for Ajits movie Mangatha in the interval.
Inflation came down little bit for the week ending august 7th 2010 but it was still hovering in the double digit region.From 11.40 % in the last week of July, food inflation remained in double digits at 10.35 % for the week ended August 7, The main reason is Vegetables like onion and potato was down , but that down was offset by increase in prices of cereals.It was in single digit at around 9.57 during the month of july .
Naan mahaan alla starts with a crime scene and slowly then story revolves around Karthi and kajal with mix of romance and karthis nakkal jokes.
The story from starting has the crime revolving around the whole movie until interval.songs are all repeat from other yuvans movie.crime sequences all look same as anjathe style so have to appreciate that.Basically the movie is slow romance and jovial and no story until half time. Finally the second half started as expected Karthis fimaily get involves into the web of the chennai crime and they are affected now the whole second half goes how karthi takes revenge of the same , no twist no nothing and no kajal after second half , Paiyaa was car chase and this was bike and foot chase , sorry guys Studio green and Cloud nine has let down the screen play and story , the students who are villians and also the reason for the crimes in the movie are like heroes of the movie .Nothing else to say much about the movie , oh ya there was huge applause and Claps for Ajits movie Mangatha in the interval.
Naan Mahaan Alla which will be releasing on August 2010 . Dont confuse this with the old film this story has nothing to do with the old one . Karthik Sivakumar who is also called as karthi will be the main hero in this movie . Paruthiveeran, Aayirathil Oruvan and Paiya, was the first three film acted by karthi , we cant say all three was hat trick but we can say that the last two was not a Flop but earned something . Acting wise Karthi would have done a very good job in all the three movies.
The film is produced by K. E. Gnyanavel Raja of Studio Green Productions and is directed by Susindran.The film is being distributed by none other than the Cloud Nine Mr . Dayanihdhi Alagiri , The last movie of Karthi paiyaa was also release by them . The film’s music is already a big hit at audio stores and it has gradually raised everyone’s expectations.
The movie Teasers have been going on in all channels where you can see fully fights , but what was heard is that the fight happens only in the second part and not like the Paiyya movie and the story line revolves around a happy-go-lucky chap Jeeva (played by Karthi), who has a picture perfect life with caring parents, affectionate sister and supporting friends to boast about. His life is brimmed with intense joy as a girl (Kajal Aggarwal) enters his life and the second half how chennai crime turns everything upside down for jeeva .
By now we can predict the story of the mpovie but again we have to see how they have scripted directed it , we will have some good expectation from the Vennila Kabadi Kuzhu director Susindran.Wait and see fore more updates Friday .
Cast
Kajal Agarwal
Karthik Sivakumar
Krishna Priya
Ravi Prakash
Neelima Rani
Jayaprakash
Singampuli
Das
Lakshmi Ramakrishnan
Vairavan
Soori
Market regulator SEBI informed the market today that it has proposed to double the investment limit for retail investors to Rs. 2 lakh in public issues, a move that will enable individuals to aggressively participate in primary issues of companies.The Securities and Exchange Board of India (SEBI) said in a draft regulation on which it invited comments from stakeholders by September 3.
Blackstone which is US based private equity firm has informed that it has plans to invest almost USD 300 Million $ in Moser Baer Projects and which would pick up a ‘significant minority stake’ in the company,” said Akhil Gupta Chairman and Managing Director of Blackstone Advisors India Private Ltd .This would be part of Blackstone Group’s investment in the power sector after it picked up over 12 per cent stake in Monnet Power, a subsidiary of Monnet Ispat and Energy, for about USD 59 million.This investment interest of 1350 crore Rs in one of the Moser baer firm showed reflections in the Moser Baer stocks.
Moser Baer Projects plans to commission 5,000 MW of projects by 2016 comprising 4,000 MW of thermal, 500 MW of solar and 500 MW of hydro capacity.This funding would help in kick starting the business.
Day’s High / Low 69.15 / 62.75
Previous Close / Open 62.30 / 62.85
Wtd. Avg Price 66.79
Total Traded Value (Cr.) 14.23 TTQ / 2W Avg Q (Lakh) 21.32 / 4.29
Steel Strips & Wheels Ltd has informed the market that the company that it has bagged an export business for nearly 5,000 Wheels from two different company’s in Germany & UK. One of these company is a leading tyre & wheel assembler catering to the OE trailer market in Europe. The order is worth to the tune of Rs 3 million.
TECHNOFAB ENGINEERING LIMITED has informed the market yesterday that the Company has received fresh orders of Rs. 166 Crs. during the quarter.Accordingly, the order book position of the Company as on 30th June stands at Rs. 680 Crs.
Atlanta Limited informed the market that the company has received Order worth Rs. 153.91 Crores, the order is from offices of the Executive Engineer, Parlakhemundi (R&B) Division, Parlakhemundi , the order if for Widening to 2 lane and improvement in km 0/0 to 102/9 km of Parlakhemundi-R, Udayagiri-Mohana Road (SH-34) under LWE Scheme.
Patni Computer Systems which is a Mumbai- based company informed the market previous week that it will pay 63 rupees per share to investors,this is according to a statement to the Bombay Stock Exchange.They have almost 130.3 million shares outstanding,So now the company will pay out about 8.2 billion rupees ($176 million). Patni Computer reported net income rose 18.1 percent to 5.56 billion rupees in the 12 months ended Dec. 31.So wityh that all said the record date for the same is August 31st 2010.
Patni Computer Systems Ltd has informed BSE that August 31, 2010 has been fixed as the Record Date for the purpose of payment of a special interim dividend of Rs. 63/- per equity share of Rs. 2/- each (Rupees Sixty Three Only per Equity Share).
Jaihind Projects Ltd has informed the market that the company has bagged order worth Rs. 10.07 Crores for carrying out Combined Station works under Chennai – Bangalore Pipeline Augmentation Project from Indian Oil Corporation Ltd (Pipeline Division).
Areva T&D India Ltd informed the market yesterday that the company has bagged order worth 110 crore from Power Grid Corp of India Ltd (PGCIL) , the order is for 765 kV extra high voltage substation.The order is for one of the critical substations in the eastern grid of the country and will be delivered at Sasaram in Bihar, it said in a regulatory filing.
Aqua Logistics has informed the market that the company has received an order worth Rs.100 crore from Gammon India. The order is for managing the logistics and transportation of aggregates from Gammon India’s quarries in Bihar. The order for management of logistics on the National Highway 77 , the order has to be executed in 12 months period.
Jaihind Projects Ltd has informed the market that the company has been awarded the Rajkot Municipal Corporation: Rs. 43.09 Crores contract for providing, lowering, laying, jointing and testing work for sewage collective system under Rajkot Underground Sewerage Project Phase-II Part-II in ZONE-A2, C, F&G.
B L Kashyap and Sons Ltd on a meeting that was held on 07/08/2010 has made decision on Stock Split and also Bonus Issue They have Approved Sub division / split of each equity share of face value of Rs. 5/- each into 5 equity shares of face value of Re. 1/- each, as per Section 94(1)(d) of the Companies Act, 1956, subject to the approval of shareholders of the Company and other regulatory authorities and on the Bonus side.
It has Approved subject to the approval of shareholders of the Company and other regulatory authorities, issue of bonus shares in the ratio of 1:1 (i.e. One new equity share for every one equity share held) to the Existing Equity Shareholders of the Company, as on the Record Date, as may be fixed.
Tilaknagar Industries on a meeting that was held yesterday they decided on dividend and also Bonus issue and the have Recommended issue of Bonus Shares in the ratio of Two Equity Shares of Rs. 10/- each for every one Equity Share held by the shareholders of the Company as on the Record Date to be fixed later for this purpose subject to approval of the shareholders at the ensuing Annual General Meeting of tile Company to he held on September 20, 2010 and has extended the conesponding benefits to ESOPs under ESOP Scheme 2008.
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