Bachelor's Area

Nirmal Bang Securities Pbt Ltd. Offer Demat + Trading Account Free + 500000 Insurance Cover & 50000 Mediclaim TECHNICAL High Quality trading call Delivery report Monthly report Sms alerts Alters on trading terminals Commodity outlook FUNDAMENTALS Sector watch Budger analysis Result analysis Stock idea IPO watch Charges: Account opening : Nil. Advance/Deposit : Nil Account Maintenance : 200/- Upfront + Service tax as applicable. Demat : Rs 40/-Per Demat Request + Rs 40/- for addtional 50 certificates. Remat : Rs 15/- per certificate OR at the rate of 0.04% of the value of the securities requested for remat whichever is HIGHER. Transaction (Debit) : Rs 15/- or 0.03% whichever is HIGHER. Pledge Creation : Rs 100/- or 0.02% whichever is HIGHER. Pledge Creation confirmation : Nil. Pledge Closure : Rs 100/- or 0.02% whichever is HIGHER. Pledge Closure confirmation : Nil. Pledge Invocation : Rs 100/- or 0.04% whichever is HIGHER. Failed instruction charges : Nil. Other charges; if any : N

For all types of transactions in the financial market, permanent account number (PAN) would henceforth be mandatory. On Friday, finance minister P Chidambaram said that this would be applicable subject to suitable threshold exemption limits. However, the PAN card is already mandatory if you need to invest in a mutual fund or set up a demat account or open a bank account. Almost all financial market transactions are through cheques, and for opening a bank account one needs a PAN. Market players feel this will not have any major impact on financial transactions. However, it would lead to greater tax compliance. “The government is focusing on tax compliance than increasing tax rates. It is in line with its attempts to levy tax at the point of sale. Using PAN is an effective tool in this regard,” said Gaurang Shah, MD, Kotak Life Insurance. “It is much easier to collect data from the 17 odd insurance companiesabout individuals who are due to pay tax. However, we will still need to see the

Today, I for the first time I invested in Stock Market. Due to very investment I was hesitating a bit before investing. And moreover its obvious for a newbie to invest in markets. But some how, I am able to invest in the market, I invested on TTML, Tata Teleservices(Maharashtra) Limited. And At the end of the day I booked arnd 10% profit. I was tracking it throughout the day, and I am very curious too. But I maintained my nerves and at the end of the day I was in profit. ye Ya

The National Stock Exchange announced that it will go the free-float way for calculating market capitalization from June 26, 2009. So what does this move from full market capitalisation method entail? A Change in methodology will mean a change in the market capitalisation (market cap) of a company as the free float method takes into account only the shares that are available for trading. Besides, this method has quite a following in the international arena too — all the major index providers such as MSCI, Nasdaq, FTSE, Dow Jones, S & P and even India’s BSE’s Sensex use the free float method — as it is considered to be a more transparent system of arriving at market cap. Getting back to basics The ownership of any listed company is spread across different categories. Promoters, directors, institutional investors such as banks, mutual funds and foreign investors and retail investors, make-up the shareholding pie of companies and is different for different companies. However, the prob

By the time you pick up this copy of Investor’s Guide and go through this article, the 10th ET Awards would have already honoured the finest of India Inc. Unfortunately, we didn’t have an award for the “best stock market indicator”. For, had there been such a category, there is absolutely no doubt that the SMR (Smart Money Ratio) would have won it hands down. Although its superiority over most other indicators has been proved time and again, the last two weeks have been absolutely phenomenal. The SMR Fortnight When the market was shut on Tuesday before last (6th January), Satyam was still a blue chip and the Nifty was on a clear uptrend although it was facing some resistance around 3150. However, the only indicator that was shouting at our face, asking us to go short, was ET Intelligence’s SMR. For, as is clearly visible in the adjoining SMR chart, the SMR was sitting exactly on its support, which had lent it support on umpteenth occasions. So, it had to either collapse below this supp

The Yash Birla group is a part of the prestigious house of the Birlas, started by Mr.Baldeo Das Birla, the great-great grandfather of our current chairman. The lineage of yash birla group began with Mr.Rameshwar Das, grandfather of Mr.Ashok Birla, the sudden demise of Mr.Ashok Birla, in 1990, plunged his son Yashovardhan into the corporate world. Since then Yash Birla and his group have only emerged stronger than before. Yash birla has not only brought sick companies to life but has given the group a dynamic strategy like never before. He gave the Group a dream, a global vision and an integrated approach. The yash birla group has a number of companies all over India and under the perfect leadership of our chairman, we have made successful forays in the areas of Generators, Multipurpose Engines, Chemicals, Yarns, Pipes, Consumer Durables, Precision Cutting Tools etc.The Group is now set to make a mark in the IT world as its latest diversification. Birla Power Solutions Ltd. (BPSL), a Ya

India needs to generate more electricity to meet the increasing demands of a burgeoning middle class and industrial base. The country has failed to attract sufficient capital investment, either domestically or internationally, to finance additional generating capacity despite economic reforms introduced in 1991. In 2003-2004, India experienced a 7.1% electrical energy shortage. Peak shortage spiked at 11.2% approximately. Indian power plants had a maximum generating capacity of 112,058 MW as of March 31, 2004. During the next decade, India is expected to need an additional 100,000 MW, nearly double it’s 2004 capacity. The Power Sector in India, a 9-page report by PSi, Inc. analyzes trends among Indian power-sector funds including regulatory issues affecting investment growth. It also examines the power industry’s structure as well as the gap between supply and demand in the years ahead. Despite the economic reforms introduced in 1991, India’s power industry has not been able to attrac

Hydraulics is a topic in applied science and engineering dealing with the mechanical properties of liquids. Fluid mechanics provides the theoretical foundation for hydraulics, which focuses on the engineering uses of fluid properties. In fluid power, hydraulics is used for the generation, control, and transmission of power by the use of pressurized liquids. Hydraulic topics range through most science and engineering disciplines, and cover concepts such as pipe flow, dam design, fluidics and fluid control circuitry, pumps, turbines, hydropower, computational fluid dynamics, flow measurement, river channel behavior and erosion. From backyard log splitters to the huge machines you see on construction sites, hydraulic equipment is amazing in its strength ­and agility! On any construction site you see hydraulically-operated machinery in the form of bulldozers, backhoes, shovels, loaders, fork lifts and cranes. Hydraulics operate the control surfaces on any large airplane. You see hydraulic

The rupee fell on Monday to its lowest in a month as the dollar gained against major currencies, while firmer local shares limited a sharper drop. At 10:53 am, the artially convertible rupee was at 48.26/27, compared with Friday's close of 48.09/10. It hit a low of 48.38 in early trade, its weakest since May 18.

Short-selling, in the context of the stock market, is the practice where an investor sells shares that he does not own at the time of selling them. He sells them in the hope that the price of those shares will decline, and he will profit by buying back those shares at a lower price. In India, there is no prohibition on short-selling by retail investors. Institutional investors —domestic mutual funds and foreign institutional investors registered with the Securities and Exchange Board of India (Sebi), banks and insurance companies — are prohibited from short-selling and are mandatorily required to settle on the basis of deliveries of securities owned and held by them. How is short-selling beneficial? Short-selling is considered an essential feature of the securities market not just for providing liquidity, but also for helping price corrections in over valued stocks. Supporters of short-selling claim its absence distort efficient price discovery, gives promoters the unfettered freedom t

1. Be Resourcefull. A.You should know about the global markets performance before our market time starts.This is is one of the many indicators to predict the 'may be direction' of the market. B.Any news from the Finance ministry, Government, RBI, Important announcements from leading financial institutions which may have a great impact on the performance of particular stocks should be known before the market starts. C.Learn about everything u see on newspapers, television channels and websites relating to a particular company listed in the BSE or NSE.This is not only for Investors but also for day traders. 2.Working on Tips A. 8 out of 10 people just trade by the tips they get from some source.But never considers the point that if the tips are accurate 80% of traders must me billioners.The reality is vice versa. Reasons why Tips dont work for you: TIPS are given based on market news, fundamental analysis and technical analysis.Tips work for us when the news about that particular

NSDL carries out its activities through business partners - Depository Participants (DPs), Issuing Corporates and their Registrars and Transfer Agents, Clearing Corporations/Clearing Houses? NSDL is electronically linked to each of these business partners via a satellite link through Very Small Aperture Terminals (VSATS). The entire integrated system (including the VSAT linkups and the software at NSDL and at each business partner's end) has been named the "NEST" (National Electronic Settlement & Transfer) system. The investor interacts with the Depository through a Depository Participant of NSDL. A DP can be a bank, financial institution, a custodian or a broker.

A Depository is a securities "bank," where dematerialised physical securities are held in custody, and from where they can be traded. This facilitates faster, risk-free and low cost settlement. A Depository is akin to a bank and performs activities similar in nature. At present, there are two Depositories in India, National Securities Depository Limited (NSDL) and Central Depository Services (CDS). NSDL was the first Indian Depository. It was inaugurated in November 1996. NSDL was set up with an initial capital of Rs 124 crore, promoted by Industrial Development Bank of India (IDBI), Unit Trust of India (UTI), National Stock Exchange of India Ltd. (NSEIL) and the State Bank of India (SBI).

Check with a DP as to whether the securities you hold can be dematerialised. Then open an account with a DP and surrender the share certificates.

Demat is a commonly used abbreviation of Dematerialisation, which is a process whereby securities like shares, debentures are converted from the "material" (paper documents) into electronic data and stored in the computers of an electronic Depository. You surrender material securities registered in your name to a Depository Participant (DP). These are then sent to the respective companies who cancel them after dematerialisation and credit your Depository Account with the DP. The securities on dematerialisation appear as balances in the Depository Account. These balances are transferable like physical shares. If at a later date you wish to have these "Demat" securities converted back into paper certificates, the Depository can help to revive the paper shares.

Earning Per Share (EPS): EPS represents the portion of a company's profit allocated to each outstanding share of common stock. Net income (reported or estimated) for a period of time is divided by the total number of shares outstanding during that period. It is one of the measures of the profitability of common shareholder's investments. It is given by profit after tax (PAT) divided by number of common shares outstanding. Price Earning Multiple (P/E): Price earning multiple is ratio between market value per share and earning per share. Book Value (BV): (of a common share) The company's Net worth (which is paid-up capital + reserves & surplus) divided by number of shares outstanding. Market value to book value ratio (MV/BV ratio): It is the ratio between the market price of a security and Book Value of the security.

Technical analysis is the study of historic price movements of securities and trading volumes. Technical analysts believe that prices of the securities are determined largely by forces of demand and supply. Share prices move in patterns which are easily identifiable. Crucial insights into these patterns can be obtained by keeping track of price charts, leading to predictions that a stock price may move up or down. The belief is that by knowing the past, future prices can predicted.

A ratio is a comparison of two figures. They are culled from the financial statements of a company. These help in assessing the financial health of a company. It could be a ratio between an item from a balance sheet versus another item on the balance sheet. Or it could be a ratio between one figure of the balance sheet with a figure from Profit and Loss account or it could be comparison of one year's figure with a figure from the previous year.For example Return on Equity = Net profit (A Profit and a Loss figure) divided by Net Worth (a balance sheet figure) in percentage terms.

There are many financial ratios. Some of the better known include: Liquidity Ratios: Liquidity ratio measures the ability of a firm to meet its current obligations. Liquidity ratios by establishing a relationship between cash and other current assets to current obligations give measure of liquidity.e.g. Current ratio [CR] = Current Assets/Current liabilities.A high CR ratio (>2.5) indicates that a company can meets its short term liabilities. Leverage Ratios: Leverage ratio indicates the proportion of debt and equity in financing the firm's assets. They indicate the funds provided by owners and lenders.e.g -----Debt-equity ratio (D-E ratio) total long term debt/net worth.A high D-E ratio indicates that the company's credit profile is bad. Activity Ratios: Activity ratios are employed to evaluate the efficiency with which firms manage and run their assets. They are also called turnover ratios.e.g-- Sales Turnover ratio = sales/total assets .A Sales Turnover ratio indicates ho

The analysis of factual information like financial figures, balance sheet, and other information publicly available is known as fundamental analysis. This information is used to derive a fair price of the share of the company. The faithful fundamentalists believe that the market incorporates all facts relating to the financial performance of the company. But a systematic analysis will ensure a more accurate valuation of the price. Fundamental analysts use tools such as ratio analysis (P/E, MV/BV) and discounted cash flow analysis in order to arrive at the fair value of a company and hence its share.

When you buy a company's equity, you are in effect financing it, and being compensated with a stake in the business. You become part-owner of the company, entitled to dividends and other benefits that the company may announce, but without any guarantee of a return on your investments.

The member who has sold the shares first on the Exchange is responsible for replacing the shares within 21 days of the Exchange being informed. Company objection cases that are not rectified or replaced are normally auctioned.

After a sale, the share certificate along with a proper transfer deed duly stamped and complete in all respects is sent to the company for transfer in the name of the buyer. Once the transfer is registered in the share transfer register maintained by the company, the process of transfer is complete.

Funds brought into a business by its shareholders is called equity. It is a measure of a stake of a person or group of persons starting a business.

If the shares are not bought at the auction i.e. if the shares are not offered for sale, the Exchange squares up the transaction as per SEBI guidelines. The transaction is squared up at the highest price from the relevant trading period till the auction day or at 20 per cent above the last available Closing price whichever is higher. The pay-in and pay-out of funds for auction square up is held along with the pay-out for the relevant auction.

SEBI has formulated uniform guidelines for good and bad delivery of documents. Bad delivery may pertain to a transfer deed being torn, mutilated, overwritten, defaced, or if there are spelling mistakes in the name of the company or the transfer. Bad delivery exists only when shares are transferred physically. In "Demat" bad delivery does not exist. What are company objections?A list documenting reasons by a company for not transferring a share in the name of an investor is called company objections. Rejection occurs due to a signature difference, or fake shares, or forgery, or if there is a court injunction preventing the transfer of the shares.

The broker must immediately be notified. Company objection cases should be reported within 12 months from the date of issue of the memo for the original quantity of share under objection.

Short selling is a legitimate trading strategy. It is a sale of a security that the seller does not own, or any sale that is completed by the delivery of a security borrowed by the seller. Short sellers take the risk that they will be able to buy the stock at a more favourable price than the price at which they "sold short."

The buy/sell auction for a capital market security is managed through the auction market. As opposed to the normal market where trade matching is an on-going process, the trade matching process for auction starts after the auction period is over.

The rolling settlement ensures that each day's trade is settled by keeping a fixed gap of a specified number of working days between a trade and its settlement. At present, this gap is five working days after the trading day. The waiting period is uniform for all trades. When does one deliver the shares and pay the money to broker?As a seller, in order to ensure smooth settlement you should deliver the shares to your broker immediately after getting the contract note for sale but in any case before the pay-in day. Simliarly, as a buyer, one should pay immediately on the receipt of the contract note for purchase but in any case before the pay-in day.

An auction is conducted for those securities that members fail to deliver/short deliver during pay-in. Three factors primarily give rise to an auction: short deliveries, un-rectified bad deliveries,un-rectified co. objec.

A Split is book entry wherein the face value of the share is altered to create a greater number of shares outstanding without calling for fresh capital or altering the share capital account. For example, if a company announces a two-way split, it means that a share of the face value of Rs 10 is split into two shares of face value of Rs 5 each and a person holding one share now holds two shares.

As the name suggests, it is a process by which a company can buy back its shares from shareholders. A company may buy back its shares in various ways: from existing shareholders on a proportionate basis; through a tender offer from open market; through a book-building process; from the Stock Exchange; or from odd lot holders.A company cannot buy back through negotiated deals on or off the Stock Exchange, through spot transactions or through any private arrangement. Clearing and Settlement.

The accounting period for the securities traded on the Exchange. On the NSE, the cycle begins on Wednesday and ends on the following Tuesday, and on the BSE the cycle commences on Monday and ends on Friday.At the end of this period, the obligations of each broker are calculated and the brokers settle their respective obligations as per the rules, bye-laws and regulations of the Clearing Corporation.If a transaction is entered on the first day of the settlement, the same will be settled on the eighth working day excluding the day of transaction. However, if the same is done on the last day of the settlement, it will be settled on the fourth working day excluding the day of transaction.

The first day of the no-delivery period is the ex-date. If there is any corporate benefits such as rights, bonus, dividend announced for which book closure/record date is fixed, the buyer of the shares on or after the ex-date will not be eligible for the benefits.

While investing in shares the motive is not only capital gains but also a proportionate share of surplus generated from the operations once all other stakeholders have been paid. But the distribution of this surplus to shareholders seldom happens. Instead, this is transferred to the reserves and surplus account. If the reserves and surplus amount becomes too large, the company may transfer some amount from the reserves account to the share capital account by a mere book entry. This is done by increasing the number of shares outstanding and every shareholder is given bonus shares in a ratio called the bonus ratio and such an issue is called bonus issue. If the bonus ratio is 1:2, it means that for every two shares held, the shareholder is entitled to one extra share. So if a shareholder holds two shares, post bonus he will hold three.

Whenever a company announces a book closure or record date, the Exchange sets up a no-delivery (ND) period for that security. During this period only trading is permitted in the security. However, these trades are settled only after the no-delivery period is over. This is done to ensure that investor's entitlement for the corporate benefit is clearly determined.

The date on or after which a security begins trading without the dividend (cash or stock) included in the contract price.

In case of a record date, the company does not close its register of security holders. Record date is the cut off date for determining the number of registered members who are eligible for the corporate benefits. In case of book closure, shares cannot be sold on an Exchange bearing a date on the transfer deed earlier than the book closure. This does not hold good for the record date.

Book closure and record date help a company determine exactly the shareholders of a company as on a given date.Book closure refers to the closing of register of the names or investors in the records of a company. Companies announce book closure dates from time to time. The benefits of dividends, bonus issues, rights issue accruing to investors whose name appears on the company's records as on a given date, is known as the record date.An investor might purchase a share-cum-dividend, cum rights or cum bonus and may therefore expect to receive these benefits as the new shareholder. In order to receive this, the share has to be transferred in the investor's name, or he would stand deprived of the benefits. The buyer of such a share will be a loser. It is important for a buyer of a share to ensure that shares purchased at cum benefits prices are transferred before book-closure. It must be ensured that the price paid for the shares is ex-benefit and not cum benefit.

As per SEBI (Securities and Exchange Board of India.) regulations, only registered members can operate in the stock market. One can trade by executing a deal only through a registered broker of a recognised Stock Exchange or through a SEBI-registered sub-broker.

A contract note describes the rate, date, time at which the trade was transacted and the brokerage rate. A contract note issued in the prescribed format establishes a legally enforceable relationship between the client and the member in respect of trades stated in the contract note. These are made in duplicate and the member and the client both keep a copy each. A client should receive the contract note within 24 hours of the executed trade. Corporate Benefits/Action

An Index is a comprehensive measure of market trends, intended for investors who are concerned with general stock market price movements. An Index comprises stocks that have large liquidity and market capitalisation. Each stock is given a weightage in the Index equivalent to its market capitalisation. At the NSE, the capitalisation of NIFTY (fifty selected stocks) is taken as a base capitalisation, with the value set at 1000. Similarly, BSE Sensitive Index or Sensex comprises 30 selected stocks. The Index value compares the day's market capitalisation vis-a-vis base capitalisation and indicates how prices in general have moved over a period of time.

Select a broker of your choice and enter into a broker-client agreement and fill in the client registration form. Place your order with your broker preferably in writing. Get a trade confirmation slip on the day the trade is executed and ask for the contract note at the end of the trade date.

The Stock Exchange, Mumbai (BSE) and the National Stock Exchange (NSE) are the country's two leading Exchanges. There are 20 other regional Exchanges, connected via the Inter-Connected Stock Exchange (ICSE). The BSE and NSE allow nationwide trading via their VSAT systems.

Electronic trading eliminates the need for physical trading floors. Brokers can trade from their offices, using fully automated screen-based processes. Their workstations are connected to a Stock Exchanges central computer via satellite using Very Small Aperture Terminus (VSATs). The orders placed by brokers reach the Exchanges central computer and are matched electronically.

A common platform where buyers and sellers come together to transact in stocks and shares. It may be a physical entity where brokers trade on a physical trading floor via an "open outcry" system or a virtual environment.

The two news from the business world of India about Yes Bank, will surely see some reaction from the market on 22nd june 2009, Monday. The two news are: Yes Bank plans to enter brokerage business soon. Yes Bank to recruit 900 people in next 9 months. As the Yes Bank seems promising by announcing the hiring of 900 new people and Yes Bank's entry into brokerage business. No company announce such things without a solid background. As Yes Bank have the capability to invest in brokerage firm. As I already said in my previous posts that Indian Banking industry not only rely on the Banking thing only, they are also looking for other beneficial areas to make themselves more strong. Lets see how Yes Bank scripts going to react on 22nd June, 2009. I hope for a positive response from the market. Today on 19th June, 2009, its around 133, I hope it will rise more after todays rally. My opinion: for 22nd June, 2009 Yes Bank Current:133 Target 1:136 Target 2:140 Stop Loss:130

My digitalfc.com reports that Yes bank plans to enter brokerage business soon. To cash in on surging stock markets in India, private sector lender Yes Bank today said it would soon enter into retail brokerage business, which would widen its fee-based income and mobilise low-cost deposits. “Brokerage is very compelling business, it helps to garner more deposits. As and when there is transaction, the bank gets its fee," Yes Bank Managing Director and CEO Rana Kapoor told PTI. Asked about timing for starting new vertical, Kapoor said "We will time it in next few months. We will be recruiting some external talent to manage new business vertical." Brokerage has the very synergistic model in the bank, he added. To read more about this... Follow the link

Business Standard reports that Yes Bank will hire 900 people in coming 9 months, that shows the stability of Bank. Eyeing growth of at least 40 per cent in loans in the current financial year, Yes Bank today said it would recruit 900 people, including 500 specialists, in the next nine months to drive expansion in six key segments. For more on the same.... Follow the link

YES BANK, India’s new age private sector Bank, is an outcome of the professional entrepreneurship of its Founder, Rana Kapoor and his highly competent top management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the “Future Industries of India”. YES BANK is the only Greenfield license awarded by the RBI in the last 14 years, associated with the finest pedigree investors. YES BANK has fructified into a “full service” commercial Bank that has steadily built Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Business and Transaction Banking, Retail and Wealth Management business lines across the country, and is well equipped to offer a range of products and services to corporate and retail customers. The Unaudited results for the Quarter ended March 31, 2009. The Bank has posted a net profit of Rs 801.10 million for the quarter ended March 31, 2009 as compared to Rs 645.00 million for the qu

Opening up a Dmat account for trading Join anyone which are providing the facility, but keep few things in mind before opening an account in any. It should be fast and simple, as it matters a lot. In trading even a fraction of second can be crucial. specialy, if you sell something and if your trade doesnot get executed you will be stuck.So, it should be able to handle heavy loads. Check for brokerages which have more intraday players than retail their server will be better to handle huge loads Linking to bank accounts : This should not be an issue since most of them would be supporting major banks. Initially this was an issue but now its sorted out. Online IPO facility : Simple clean and convinence. Reports and research: It might be useful if you dont research all of your investments completely. If one able to do a bit of R&D on his investments, then he will be able to play more safely and heavily. No of active accounts : Choose anyone which has atleast >100000 retail accounts.

About: Established in 1991 and registered as 100% Export Oriented Unit with Software Technology Parks of India, Department of Electronics, Govt. of India, New Delhi, we are an ISO 9001:2000 certified company with expertise in Software, Hardware development and Systems Integration. Our company was incorporated on September 15, 1991 as a private limited company with the object of designing, developing, installing and maintaining software packages for domestic and international markets. We are registered as 100% Export Oriented Unit (EOU) with Software Technology Parks of India, Department of Electronics, Govt. of India, New Delhi. Kernex Microsystems (India) has developed a strong managerial and technical team with proven capability in executing projects in difficult railway routes including the Konkan Railways and North Eastern Frontier Railways. The data acquisition and technological development skill have put the company at an advantage to develop safe and convenient products applicab

Human beings are suckers for stories. You, me, everybody. We need stories to make a decision and stories to not make a decision as well. If there is no story, we create stories in our mind to justify a decision. So much so, in the rare case that a decision is made without there being a story, we rush to create a story to justify it. As the share markets rises after the election results, and that too greatly which created history in Indian share markets, before that Indian Share markets never witness the upper circuit, but the very same day, the same was witness by the investors and the share markets twice. As the people who are closely related to the share market, or call the big fish in the share market have confidence in congress policies or say, that they have faith in the great economist Manmohan Singh, our Prime Minister, and why not, he is one of the fine leader and a great economist too. Even I do support him as a Prime Minister, but if he work as a Finance Minister, it will be

Power transmission refers to the transfer of power through mechanical devices. The Mechanical Power Transmission Equipment, Not Elsewhere Classified, industry is comprised of companies that manufacture mechanical power transmission equipment and parts for industrial machinery. Products include ball joints, pulleys, bearings, drive chains, sprockets, shafts, couplings, and other parts. The market for miscellaneous transmission equipment is fragmented. Motor vehicle manufacturers were the largest buying sector, accounting for 9.2 percent of industry revenues in the late 1990s. Other significant markets for transmission equipment included shipbuilders, lawn and garden equipment manufacturers, nonferrous metals refiners, and the missile industry. About 10.5 percent of production was exported. Power Transmission Equipments in India can also play an important role, as in most of the areas India cant produce power, so they have to transfer the power from other areas which require so large su

Just a hour back I was reading a news on economic times about the emerging markets growth. The news says that the Abby Joseph Cohen, senior investment strategist at Goldman Sachs and president of the Global Markets Institute, had predicted the 1990's bull run. She was interviewed by ET's reporters and asked about Indian markets. As per the news, it was clear that there are growth opportunities in the emerging markets, but I must say that the markets in India had already grown more than expected, so they might tumble, so investors should be bit careful. The news also said that India will be growing well and in future too India will grow well. Also reveals that there are same kind of investment opportunities in the markets of China and Brazil too. As the US economy is also slowly recovering, their are very good chances for the emerging countries like India and China, the two Asian giants. And one must not forget that these two countries shares the top most position in world's

MindTree Limited operates as an international information technology (IT) consulting and implementation company. It operates in two segments, R&D Services and IT Services. The R&D Services segment offers product realization services in the areas of hardware design, embedded software, middleware, and testing, as well as through its Internet protocol building blocks in the areas of Bluetooth, VOIP, IVP6, iSCSI, and others for the datacom, telecom, wireless, storage, industrial automation, avionics, consumer products, and computing markets. MID-TIER software services firm Mindtree plans to address the lucrative healthcare market for technology solutions with its newly developed telemedicine boxes, as the company seeks to sustain its growth at a time when the market for software services is seeing lower demand. MindTree has already designed a prototype of the telemedicine box, and is currently in talks with several equipment manufacturers including Sanmina-SCI and Flextronics for l

Himadri Group of Industries has seven public limited companies under its banner with a net worth of more than Rs. 2.20 billion, with interests in chemicals, cold storage, iron and steel and finance.Himadri Chemicals & Industries Ltd., the flagship Company, was founded to develop, manufacture and market chemical products, with a special emphasis on coal tar and its derivatives. The Company has diversified into corrosion protection and manufacturing coal tar based pipe coating products. Himadri Industries Ltd., with a capacity of 60,000 MT is one of the largest cold storages for preserving potatoes in India. Sri Agro Himghar Ltd., has a capacity for preserving 25,000 MT of potatoes. Himadri Credit & Finance Ltd., with interests in financial activities has its shares listed in all the major stock exchanges of India. The Company, during the year has been sanctioned enhanced working capital facilities under multiple banking arrangements from the Central Bank of India, State Bank of

Industry Overview : Rs. 9,600 crore industry (US $ 2.2 billion). Covers a wide spectrum of products - Soda ash, Caustic soda, Sulphuric acid, Chlorine Calcium Carbonate, Hydrogen Peroxide, Potassium Chlorate, Lead Phosphorus, Titanium Dioxide, Aluminium Fluoride, Carbon Blac. Inorganic chemicals are used mainly in the manufacture of detergents, glass industry, soaps, fertilisers, alkalies, etc. "Fastest growing industry since independence. Average growth rate 9% per annum during the last decade. Industry average - 6%. Slow down in production of a few chemicals due to excess capacity build up." The Indian chemical industry is the 12th largest in the world and the 3rd largest in Asia, in terms of volume. The chemical industry accounts for about 17.6 per cent of the output of India's manufacturing sector and about 3 per cent of the gross domestic product (GDP). The industry output is estimated at US$ 35 billion, with a total investment of approximately US$ 60 billion and the

In the present scenario most of the countries over the world have relied upon Indian software company and firms or Software Companies for the software development activities, as the country possesses a global competency in the IT sector. The Software companies is witnessing a rapid growth and offers lucrative job opportunities making IT a premium career option for the youth. In fact it is one of the fastest growing sector of Indian industry. One can sense the growth by knowing the fact that the ITES sector ot IT industry hiring people even in the recession scenario. Indian Software Industry is estimated to be worth USD 1.2 billion. Unfortunately the growth has been limited to a few cities around Bangalore, Mumbai, Delhi and Noida. and further its likely to spread over other parts of the country. One problem that software companies in India are facing is that of outflow of IT professionals. This can be looked into by ensuring the conditions for investment and growth in the industry are

The Rupee dropped to a one-month low against the dollar on Wednesday on concern the global economic recovery is stalling and the speculation that foreign investors will cut their local shares. The currency fell 0.8%, or 39 paise, to 48.13 per dollar. It is the worst performer this month among the 10 most traded Asian currencies outside of Japan with a 2.2% loss.

I am very optimistic about Indian Banking, as this sector have tremendous ability to grow, and this sector not only rely on banking but also searching for more options to increase the profit and make sure that the investors will not loose the trust from this industry. As the country of more than 1 billion people, where the market for every industry exists, this banking industry can plays an important role to uplift the living standards of the people and in the development of the country. When the world was reeling under a severe financial crunch, India went out to prove another point -- its banking business was not only profitable but had outperformed all other sectors. The icing on the cake was the first quarter advance (direct) tax results when for the first time in the history of corporate India, a bank became the country's highest tax-payer, leaving behind numero uno Oil and Natural Gas Corporation (ONGC). According to the advance tax data for the first quarter April-June 2009

ICICI Bank (BSE: ICICI) (formerly Industrial Credit and Investment Corporation of India) is India's largest private sector bank by market capitalization and second largest overall in terms of assets. When it comes to scale, innovation and leadership, no bank has come close to ICICI Bank, India’s second largest bank. It has caught the fancy of its customers, competitors, media and investors in its transformation from a Financial Institution to a retail focused ‘Universal Bank’. It is seen as one of the best proxies on India’s surging economy. ICICI Bank has taken two major decisions recently which could have a bearing on its valuations. The motives for creating a separate company and raising funds are to create structure to generate capital, avoid regulatory roadblocks with the current holding structure and have better value through market-priced holding. However, the bank could have done better if it had postponed the fund raising as its existing capital base could have supported a

Indian Banking Industry is more than 200 hundred years old, as State Bank of India's first branch established in 1806, a government owned bank. The Reserve Bank of India act as a centralized body monitoring any discrepancies and shortcoming in the system. It is the foremost monitoring body in the Indian financial sector. The nationalized banks (i.e. government-owned banks) continue to dominate the Indian banking arena. Industry estimates indicate that out of 274 commercial banks operating in India, 223 banks are in the public sector and 51 are in the private sector. also their are few foreign banks that are operating in India. The Indian banking has finally worked up to the competitive dynamics of the ‘new’ Indian market and is addressing the relevant issues to take on the multifarious challenges of globalization. The Indian banking has come from a long way from being a sleepy business institution to a highly proactive and dynamic entity. As we all know when the world banks are c

As we are all aware about the Nano car, and the Nano project of Tata. It was a dream of Ratan Tata, not many people bring their dreams into reality. As he promised for such type of car to the people of India and he fulfills it. Yes, it has many faults but at least the market for the low price cars created and he showed the world that India is capable to make anything possible. The day when he declared to launch a 1 lakh rupee car, the giants reacted negatively, and said that its hard or impossible to launch a car within a lakh rupee budget. But the Tata engineers keeps his hopes alive, and told those giants that when we decide to do something we will make it a reality. Look for Tata Nano : Ratan Tata says: I have observed families riding on two-wheelers - the father driving the scooter, his young son standing in front of him, his wife seated behind him, holding a baby. It made me to wonder whether one could conceive of a safe, affordable, all-weather form of transport for such a family

My first day in Stock Market and stock Market crashes down and that too badly by 455 points. this means my first day experience in the shares is very sad. I dint expected this at all, but I have an idea about this as over the weekend, market men would keenly eye the US government decisions to tackle the blown-out sub-prime credit crisis. If the US rescue plan goes through, market may witness a pull-back rally. But it won’t change the trend, it may only delay the fall. Also after the election results the markets are rising, but none of the investors are very much sure about the market. This becomes a trend that when market rise so much most of the investors withdraw their money for profit booking. and I guess this is right too for the small investors to don't wait for the big fish to pull out, as when they pull out, you are left with nothing. So its a good idea to withdraw the invested money from the market when markets grow a bit and more than expected. I must say that my first day