Securities and Exchange Board of India(SEBI) data says that
the top 100 scrips accounted for 78.44%of the average turnover
of the NSE in september. It was 72.79% in BSE for the same
period.
Monday, December 28, 2009
Sunday, December 27, 2009
EDITORIAL
N.D.TIWARI QUITS
Mr.N.D.Tiwari, Andhra Pradesh Governor quits consequent to the
expose made by Andhra Jyothi channel. He has set a good
precedent by quitting immediately instead of hanging on to the
post questioning the veracity of the expose.
The credit also goes to Mrs.Sonia Gandhi ,Congress President
for setting high standards.
Mr.N.D.Tiwari, Andhra Pradesh Governor quits consequent to the
expose made by Andhra Jyothi channel. He has set a good
precedent by quitting immediately instead of hanging on to the
post questioning the veracity of the expose.
The credit also goes to Mrs.Sonia Gandhi ,Congress President
for setting high standards.
Sunday, December 20, 2009
HINDUSTAN COPPER TO RAISE Rs.1700 CRORES.
Hindustan Copper, a Mini Ratna will come out with a follow on Public Offer of Rs.1700 crores as a part of raising Rs.3500 crores requirement for their expansion.
As the government has decided to divest 10% of its 99.59% in the Company,hence the offer.The disinvestment proceeds will go to the government.
As the government has decided to divest 10% of its 99.59% in the Company,hence the offer.The disinvestment proceeds will go to the government.
FOOD INFLATION
FOOD INFLATION REACHES 19.95%
Food Inflation reaches decade's high of 19.95%. This has caused
concern to Reserve Bank of India and they may raise borrowing costs to curb inflation.
The Standing Parliamentary Committee on Finance has mentioned
that " surge in sugar prices has been fuelled by speculation and Profiteering by the sugar lobby".
Food Inflation reaches decade's high of 19.95%. This has caused
concern to Reserve Bank of India and they may raise borrowing costs to curb inflation.
The Standing Parliamentary Committee on Finance has mentioned
that " surge in sugar prices has been fuelled by speculation and Profiteering by the sugar lobby".
Thursday, December 17, 2009
AADISHILP BENGALURU- NATIONAL TRIBAL CRAFT EXPO 2009
Tribal Cooperative Marketing Development Federation Of india Limited(TRIFED),an organisation under the Ministry of Tribal Affairs,Government of India today announced National Tribal craft expo 2009 AADISHILP 2009 ,in Bengaluru ,an exhibition showcasing the fascinating colours and treasures of Tribal India from december, 17 to 28,2009. This exhibition will be inaugurated at 5.00 P.M on December,19,2009,at Tripuravashini, Palace Grounds(Mekhri Circle side) by Shri. Kantilal Bhuria, Minister for Tribal Affairs,Government of India.
The idea behind this is to provide a platform for tribal artisans to showcase their rich and ethnic art and craft. Tribal artisans from all over the country brings their beautiful creations in Metal,Terracota,Textile,Bamboo,Jewellery,Forest products etc.
This is a must visit for every Bengalurean to support our artisan brothers and sisters.
The idea behind this is to provide a platform for tribal artisans to showcase their rich and ethnic art and craft. Tribal artisans from all over the country brings their beautiful creations in Metal,Terracota,Textile,Bamboo,Jewellery,Forest products etc.
This is a must visit for every Bengalurean to support our artisan brothers and sisters.
Wednesday, December 16, 2009
E-BAY CENSUS RANKS BENGALURU AS THE FIFTH LARGEST COMMERCE HUB IN THE COUNTRY
India's leading e-commerce e-bay India census announced that Bengaluru is the fifth largestecommerce hub in the country.Mr. B.Murali Krishnan,Director- Categories & Product e-Bay India announced to the media in Bangalore. Mr. Murali krishnan mentioned that every minute an item is bought or sold through thee-bay platform.41% of all on line buying is done in south India.46% of all sellers are located in western India.The census also reveals that rural indians are active on line shoppers.
Wednesday, December 9, 2009
THE CHIVAS STUDIO PREMIERS IN INDIA WITH BANGALORE AS THE FIRST STOP
The Global luxury Brand chivas Regal launched the CHIVAS STUDIO in Bangalore.The Chivas Studio was a Two day event that fused the finest in Photography,sculpture,Jewel craft,Music and Fashion.The Chivas Studio was earlier in New York,London,Madrid and Sydney and then comes to Indiawith Bangalore as their first stop. The four city event will travel to New delhi,Mumbai and Kolkata between december,2009 and January,2010. In Bangalore the event was held at the New Hotel, ITC Royal Gardenia on 4th & 5th December,2009.
The Chivas studio will collaborate with celebrated artists across creative forms such as Prabuddha Dasgupta for photography,K.S.Radhakrishnan for Sculpture,Aman and Ayaan Ali khan featuring Gino banks and the Maske trio from Australia for music;Rohit Bal,Wendell Rodricks,Surily Goel and Gauri and Nainika for Fashion, Seema mehta for Jewel craft and Chivas Regal Brand ambassador Max Warner for Mixology.
Commenting on the inaugural chivas studio at Bangalore,"Bikram Basu,Vice President-Marketing Pernod Ricard-India said," We are happy to bring the Chivas studio to India.The concept brings together an eclectic mix of creative talent closer to their consumers and followers under one roof."
Tuesday, December 8, 2009
HIV \AIDS CAN BE CONTROLLED
In a significant breakthrough ,scientists at Indus Biotech Private limited,announced to the media that their drug candidate INDO2 will act as HIV controller. Mr. Sunil Bhaskaran,MD of the company said " that the HIV patients can well live out their normal life span with the disease,without the concerns of high cost of treatment or the dramatic shortening of their life span". He further went on to say that today,1 in 300 HIV patients is a natural "HIV Controller".who is able to block the progression of the disease by managing the virus and protecting the immune cells.INDO2 is drug candidate that is an 'enabler' that converts the HIV patient to a HIV Controller.
Mr.Bhaskaran mentioned that the economics of this therapy is affordable and called it as ' a first world cure at third world cost". The company has already conducted an approved clinical study in humans where the drug has demonstrated its promise says Mr.Bhaskaran.
Indus Biotec Private Limited was established in 1997 and based in Pune.The company was founded by Mr. Sunil Bhaskaran, and Mr.Rajan srinivasan,both IIT engineers.The company says it has completed a pre-IND meeting with US FDAfor its drug candidate for HIV (No.IND 102862) and presently working with Indian FDA for phase-III clinical trials prior to approval for its drug candidate for influenza and HIV.
Mr.Bhaskaran mentioned that the economics of this therapy is affordable and called it as ' a first world cure at third world cost". The company has already conducted an approved clinical study in humans where the drug has demonstrated its promise says Mr.Bhaskaran.
Indus Biotec Private Limited was established in 1997 and based in Pune.The company was founded by Mr. Sunil Bhaskaran, and Mr.Rajan srinivasan,both IIT engineers.The company says it has completed a pre-IND meeting with US FDAfor its drug candidate for HIV (No.IND 102862) and presently working with Indian FDA for phase-III clinical trials prior to approval for its drug candidate for influenza and HIV.
Friday, December 4, 2009
MV AQUAMARINE IN HIGH SEAS
The Indian travellers will soon get to enjoy the joys of International class cruising on the Indian ocean on Board MV Aquamarine the first International cruise ship to Home port in India.The luxury liner was officially launched by union Minister for Tourism,Government of India Kumari Selja in Kochi recently.
Tuesday, December 1, 2009
PRESTIGE ESTATES PROJECTS LTD.-IPO.
Prestige Estates projects Limited,is planning to raise Rs.1200 crores through IPO.The company has already filed the draft document with SEBI.
CATAMARAN INVESTMENT PVT.LTD.
VENTURE CAPITAL
Infosys chairman and Chief Mentor N.R.Naraayana Murthy's Venture capital fund Catamran Investment will start operations from march next year.He has already selected a person to manage the fund.The corpus of the fund will be Rs.600 crores and the VC funding will not be restricted for ventures within India.
Infosys chairman and Chief Mentor N.R.Naraayana Murthy's Venture capital fund Catamran Investment will start operations from march next year.He has already selected a person to manage the fund.The corpus of the fund will be Rs.600 crores and the VC funding will not be restricted for ventures within India.