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.
Saturday, November 28, 2009
GE's R&D CENTRE IN BANGALORE GETS AWARD
GE's Bangalore R&D Centre gets ENERGY EFFICIENT UNIT AWARD recently in Chennai.
Wednesday, November 25, 2009
FICCI FRAMES 2009 IN CHENNAI
FICCI inassociation with Government of Tamilnadu organised FICCI FRAMES 2009- MEDIA AND ENTERTAINMENT BUSINESS CONCLAVE Recently. This Two day programme was inaugurated by the Chief Minister of Tamilnadu,Dr.Kalaignar.M.Karunanidhi and the Inaugural address was given by Ms.Ambika Soni, Union Minister of Information & Broadcasting,Government of India.Padmashri Dr.Kamal Haasan,a superstar in the Tamil Film Industry was the Chairman,Media and Entertainment Business Conclave.The two day meet was well attended by representatives of media and the Film industry in south. Mr. Yash chopra,leading Bollywood producer,Mr.Kunal Kohli,a leading director in Bollywood,and Manirathnam,a leading producer and director of Tamil and Hindi films like Roja,Guru etc also participated in the meet.
SSL-TTK BRINGS ORTHAHEEL FOOTWEAR TO INDIA.
SSL-TTK Limited,announced the formal launch of orthaheel footwear products in India.Mr.T.R.Venkatesh,Managing Director,and Dr.Philip Vasyli,the founder of orthaheel unveiled the footwear range.Adressing the media,Dr.Vasyli said that "by nature our feet is designed for soft natural surfaces like sand and soil,but today we spend most of our time waking on unnatural and hard surfaces which force our feet to pronate (roll over )excessively to gain ground contact.This will lead to heel pain,knee pain etc.' Orthaheel orthotics is scientifically designed to align our feet and address the problems arising from excess pronation."
SSL_TTK Limited was incorporated in 2000 as a joint venture between SSL International plc.UK, and TTK -LIG Limited.The firm markets the internationally renowned Scholl's range of foot care products in India.
Tuesday, November 24, 2009
NEW EXECUTIVE DIRECTOR OF VIJAYA BANK
Smt.Subhalakshmi A Panse has taken over charge as Executive Director of Vijaya Bank. She was earlier with bank of Maharashtra .A Gold medallist from Pune University and MBA from Drexel University USA.
Friday, November 20, 2009
THIRD INTERNATIONAL CONFERENCE ON PR
The Global communication Associationand PRCI are jointly organising a Two Day
Conference in Bangalore on 26th and 27th November,2009.The Governor of
Karnataka Shri.H.R.Bharadwaj will Inaugurate the two day event.
Conference in Bangalore on 26th and 27th November,2009.The Governor of
Karnataka Shri.H.R.Bharadwaj will Inaugurate the two day event.
Tuesday, November 17, 2009
CHINA'S ENTREPRENEURIAL INITIATIVES
If you are ignorant of your adversary,you are certain to be in peril-SUN TZURobert A.Compton,Executive Producer of the Two Million Minutes series on global education has released his new documentary WIN IN CHINA-THE MOVIE. Mr.Compton,American venture capitalist,entrepreneur and Harvard MBA,has teamed up with award winning film maker Ole Schell to bring the story of china's entrepreneurial explosion to the screen.
In fact, the world's largest and most lucrative business plan competition is held not in the Unites states or in any Western country but in the far east in communist china.
"China is winning the global race to create the most entrepreneurial economy in the Planet.Their investments in entrepreneurial infrastructure dwarf India's,America's and the European Union's"-says Robert A Compton.
VIDYASHANKAR AUTHOR OF 101 SECRETS OF EFFECTIVE
PARENTING ADDRESSING THE MEDIA.
Saturday, November 14, 2009
MERCEDES BENZ LAUNCHES NEW E-350CDI BLUE EFFICIENCY
Mercedes Benz India Launched New E 350 CDI Blue Efficiency .Powered by the diesel variant,the globally popular New E-Class is now available in India in the top of line Avantgarde styling line powered by a 3-litre OM 642 V6 diesel engine that churns out a whopping 540 Nm of Torque at 1600-2400rpm.Dr.Wilfried Aulbur,Managing Director & CEO, Mercedes- Benz,India,launched the car and said," The launch of the E-350 CDI Blue Efficiency will set New standards in the premium automobiles segment in the country".
Sunday, November 8, 2009
VIJAYA BANK LAUNCHES VIJAYA VIKAS SMART CARD
Mr.Albert Tauro,Chairman and Managing Director ,Vijaya Bank, launched the Vijaya Vikas Smart card at Nittoor Village near Ranebennur, Haveri district.
Saturday, November 7, 2009
SKF'S GLOBAL TESTING CENTRE IN BANGALORE
SKF inaugurated its Global Testing Centre in Bangalore.The New facility was inaugurated by the SKF Group President and CEO,Mr.Tom Johnstone and SKF India Managing director,Mr.Rakesh Makhija. The testing centre will be a hub of testing activities ensuring greater focus on customer requirements,cost,quality and operational efficiency.
Mr.Tom Johnstone announced that Mr.Rakesh Makhija, SKF India Managing Director will have a bigger role to play as he will be posted to China as Head of the Asia Operations which includes India.
Mr.Tom Johnstone announced that Mr.Rakesh Makhija, SKF India Managing Director will have a bigger role to play as he will be posted to China as Head of the Asia Operations which includes India.
Thursday, November 5, 2009
FIAT DIESEL DRIVES INDIA
THE PAN INDIA'S DRIVE TAKES FIAT'S FOUR MULTIJET DIESEL
HATCHBACKS LINEA,GRAND PUNTO,PALIO AND FIAT 500 ACROSS INDIA
IN A DEMONSTRATION OF THE RELIABILITY AND PERFORMANCE OF
THE AUTOMAKER'S DIESEL ENGINES.
MR.RAVI BHATIA,VICE PRESIDENT-COMMERCIAL,FIAT INDIA FLAGGED
OFF THE SECOND LEG IN BANGALORE.
Source: Press Release of Fiat India Automobiles Limited.
HATCHBACKS LINEA,GRAND PUNTO,PALIO AND FIAT 500 ACROSS INDIA
IN A DEMONSTRATION OF THE RELIABILITY AND PERFORMANCE OF
THE AUTOMAKER'S DIESEL ENGINES.
MR.RAVI BHATIA,VICE PRESIDENT-COMMERCIAL,FIAT INDIA FLAGGED
OFF THE SECOND LEG IN BANGALORE.
Source: Press Release of Fiat India Automobiles Limited.
COUNTRY'S RICE OUTPUT FALLS
THIS YEAR COUNTRY WILL HAVE 26 MILLION TONNES REDUCED RICE
OUTPUT AND THE RICE PRICE MAY INCREASE BY RS.7 TO 8 PER KG
SHORTLY. ALREADY RICE PRICE HAS GONE UP BY 25 % IN LAST
4 MONTHS.
HOWEVER, THE SILVER LINING IS THIS YEAR IS THE BEST YEAR FOR
BASMATI CROP.
OUTPUT AND THE RICE PRICE MAY INCREASE BY RS.7 TO 8 PER KG
SHORTLY. ALREADY RICE PRICE HAS GONE UP BY 25 % IN LAST
4 MONTHS.
HOWEVER, THE SILVER LINING IS THIS YEAR IS THE BEST YEAR FOR
BASMATI CROP.
Friday, October 30, 2009
INDIAN ECONOMY-McKINSEY'S REPORT
Mckinsey and Company's ' Environment and Energy sustainability Report for
India ' says the Indian economy will be much greener than others who have been on a high growth path.The final report concludes that India was,even without major extra efforts ,on path to becoming one of the most efficient global economies.
India ' says the Indian economy will be much greener than others who have been on a high growth path.The final report concludes that India was,even without major extra efforts ,on path to becoming one of the most efficient global economies.
EXPORTS MAY FALL TO USD 155 BILLION IN 2009-10
According to Federation of Indian Export Organisation (FIEO),India's exports may fall to USD 150-155 Billion in 2009-10 fromUSD 168 Billion in the previous fiscal and the declining trend could be reversed from january.
For the April-August period ,exports dropped by 31.3.percent to USD 63.9.Billion from USD 93.1 Billion. END.
For the April-August period ,exports dropped by 31.3.percent to USD 63.9.Billion from USD 93.1 Billion. END.
VIJAYA BANK HALF YEARLY RESULTS
VIJAYA BANK RELEASED THE HALF YEARLY RESULTS. ADDRESSING THE MEDIA,Mr.ALBERT TAURO,CMD OF THE BANK SAID THAT THE BANK HAS ACHIEVED NET PROFIT OF Rs.108.43 CRORES A JUMP OF 36%.OPERATING PROFIT UP BY55%.
NET INTEREST INCOME UP BY 35.33%.
NET INTEREST MARGIN AT 2.49%.
RETURN ON ASSETS AT 0.68%.
AGGREGATE BUSINESS Rs.95878 CRORES.
DEPOSITS : Rs.58115 CRORES,ADVANCES : Rs.37763 CRORES,
CAPITAL ADEQUACY RATIO : 13.44% (Basel-II)
CASA DEPOSITS : 24%
BOOK VALUE: Rs.68\-.
NUMBER OF BRANCHES : 1124
GROSS NPA RATIO : 2.91%
NET NPA RATIO : 1.46%
The bank is in growth path and they are confident of reducing the Net NPA by year end.
END
Tuesday, October 20, 2009
EDITORIAL
CHINA PROVOKING INDIA
China is systematically provoking India to make a wrong move. The government of India is
aware of this game and going carefully. China initially tried to stall Asian Development Bank
(ADB) loan for projects in Arunachal Pradesh.Then they objected to H.H.Dalai lama's visit to Tawang in Arunachal Pradesh. They objected to the Prime Minister Dr.Manmohan singh's visit to Arunachal Pradesh. Then they started issuing Visas to Indian Citizens from Jammu & Kashmir on a separate paper instead of stamping on the passport. Now, they are treating kashmir as a separate country in the media kits provided by the Chinese authorities to journalists in Lhasa in Tibet.
India & China are Two big Countries with ancient cultures in the Asian continent. It will be better both the countries settle the dispute across the table instead of provoking each other which will not be good for both the countries.
China is systematically provoking India to make a wrong move. The government of India is
aware of this game and going carefully. China initially tried to stall Asian Development Bank
(ADB) loan for projects in Arunachal Pradesh.Then they objected to H.H.Dalai lama's visit to Tawang in Arunachal Pradesh. They objected to the Prime Minister Dr.Manmohan singh's visit to Arunachal Pradesh. Then they started issuing Visas to Indian Citizens from Jammu & Kashmir on a separate paper instead of stamping on the passport. Now, they are treating kashmir as a separate country in the media kits provided by the Chinese authorities to journalists in Lhasa in Tibet.
India & China are Two big Countries with ancient cultures in the Asian continent. It will be better both the countries settle the dispute across the table instead of provoking each other which will not be good for both the countries.
