Bachelor's Area

In India, Engineer's Day is celebrated on September 15th every year. The day is the birthday of Sir M. Visvesvarayya , an eminent Indian engineer and statesman. He served as the chief engineer during construction of Krishna Raja Sagara Dam on the Kaveri River near Mysore. He also built many dams in the Bombay presidency (present day Maharashtra). The dams built by him are still functional even today, a testimony to his brilliance, skill, honesty and dedication. So 15 September, Engineer's Day 2008, is quite a remarkable tribute to the greatest Indian Engineer Bharat Ratna M. Visvesvarayya.

Some related questions and the answers: Q> Is it required to have the shares in the 'Demat Account' on the day of Dividend Payment? A>If you have the shares as on Ex-Date you will be eligible for dividend, even if you sell the stock after that date. Q> If I buy shares on the date in which the books are closed for Dividend Payment, will I get amount? A>You need to BUY before Ex-Date to be eligible. Q> If I sell shares during the period when the books are closed, am I going to get Dividend? A>If you sell your stock on or after Ex-Date you are eligible to receive. In case the stock is not transferred to your Demat A/c in time the Dividend will be credited to your Trading A/c.

Sebi keep a track of all the share market activities and depending on that it keeps on incrasing and decreasing the upper and lower circuits on each share. The latest update is : The circuit filters has/have been changed from their existing levels in the below mentioned scrip/s with effect from September 11, 2009. Sr. No. Scrip Code Scrip Name Circuit Filter % Reduced to 1. 500162… GMR Industries Ltd.............................................10 2. 500463… Avaya GlobalConnect Limited..............................5 3. 504701… Gontermann Peipers (India) Ltd..........................5 4. 508933… Welspun Syntex Ltd............................................5 5. 512233… Jaybharat Textiles And Real Estate Ltd...............5 6. 513418… Shimoga Technologies Ltd........................5 7. 521080… Pasari Spinning Mills Ltd...........................5 8. 527001… Ashapura Minechem Ltd...........................5 9. 530377… Nila Infrastructures Ltd............................5 10. 530825… Daika...

About PFL INFOTECH LIMITED, a software development and services company, offers consultation and system integration services worldwide. Its services include client-server application development, distributed application development, enterprise application integration, and browser based applications. The company also provides business process automation, e-commerce applications, back-end software for Web sites, development tools, and custom time tracking and project management solutions in the area of software development; two dimension/three dimension animation, flash applications, presentations, logo design, banner design, and e-learning services in the area of multimedia; and e-business solutions, database-driven, shopping cart, corporate Web solutions, B2B and B2C portals, application service provider sites, corporate sites, Web-enabling of legacy client-server systems in the area of Web development. In addition, it offers ERP Reach, an enterprise resource planning solut...

About Maxwell Industries Limited, is a leading manufacturer of high quality 100%cotton yarn manufacturer in INDIA for hosiery/weaving industries. We operate in the highly competitive domestic and international market as suppliers of 100% Combed Auto leveled and Auto Coned Contamination controlled Siro cleared hosiery/woven cotton yarn for the high tech knitting/weaving industry. We are a part of the successful Group, a leading supplier of world-class undergarments, with a total group turnover of USD 75 million. The unit started functioningin 1995 at the picturesque location of Kollappalur, 85 kms. from Coimbatore in the Southern Indian state of Tamil Nadu. We have a state-of-the-art spinning mill which has an installed capacity of 26,208 Ring spindles with LUWA Automatic Humidification Control Plant from Blow Room to Packing. At Maxwell we are continuously striving for technological excellence by bringing the latest and best machineries internationally available. We also hav...

News on 5th of august: The United Bank of India’s Board has approved issuance of 5 crore shares of Rs 10 each at a premium, its Executive Director, Mr T.M.Bhasin, has said. The bank’s initial public offering (IPO) is slated to hit the market in the last week of December or in the first week of January 2010. “The bank’s board has a few days ago approved a proposal to issue 5 crore shares at a premium. We will now convey this decision of the Board to the Government and take the IPO process forward. The process of identification of merchant bankers for the IPO has started,” Mr Bhasin told Business Line. After the capital restructuring, the paid-up capital of United Bank of India stands reduced to Rs 266 crore (from Rs 1,532 crore). The bank is currently wholly-owned by the Union Government. Mr Bhasin also said that the restructuring of capital has increased the book value of the share to over Rs 90 per share. State-owned United Bank of India on Monday said it expects to come out with init...

The initial public offering (IPO) of Oil India (OIL), the second largest oil and gas company in India, has received remarkable response from investors, especially QIB (qualified institutional investors). It has been subscribed 30.81 times so far and has received bids for 81.5 crore shares as against issue size, as per the data available on the NSE website. QIBs' reserved portion got subscribed 54 times followed by non-institutional and retail investors; their portion subscribed 10 times and 1.8 times, respectively. The issue received more than 2.10 lakh applications. QIBS' ----- 54 times NNIS' ----- 10 times RETAIL ------ 1.8 times TOTAL ---------- 30.81 times........ source : moneycontrol Oil India IPO priced at Rs 1,050/share; listing on Sep 30 Read out here

The department of divestment has undertaken a valuation exercise of Coal India’s (CIL) shares ahead of its proposed initial public offer. The Centre intends to divest 10% in the coal behemoth. Although officials are tight-lipped about the developments, CIL — a 100% government-owned company — has reduced the face value of its existing shares of Rs 1,000 each into 100 shares of Rs 10 each. Read full Report Click Here

I am hoping for a dark green Monday. Well ! After a resilient nifty close above the sup of 4820 gave an impression of a "game-changer" ! with a more broad based participation now with Banks taking charge from were RIL left, the rally has been truly broad based n nifty looks poised to resume its uptrend unless I'm overseeing something big. Both the pre-requisites r present Lack of negative sentiments. Loads of liquidity ! With a sl of 4790 I think it will pay to be long for a minimum upside of 4860, after which the previous high of 4889 will again come into play.....most of the global players have confirmed a Nifty break out then I wonder y nifty cannot break the barrier n probably hit that 4950 mark ! May be I'm sounding too optimistic ! But not impossible certainly ! Considering the fact that Realty & Cement ( DLF to a great extent which is off >25 % from 52 week high , n to a lesser extent JP and ACC well below the peak ) & Power ( NTPC & ...

Dear readers, I am here, to share my views which may differ from each, but everyone knows that market is uncertain and it may or may not bring the same results you have expected. But I also provide the genuine links before I make anything. Please take a note of this, if you found something suspicious here, please report. I will reply that as soon as possible. I was a newbie in may when I suffer losses because of less market study, I stopped trading, and come back strongly after doing some research. Still I say, don't fully believe and decide, please make your own mind before investing. Its all about market risk. Thanks Pradeep Kumar

I heard this from many sources, but its not confirmed by anyone yet. Today i read the same article on : http://www.moneycontrol.com/india/mess ageboardblog/message_thread/2431137/3546 371#m3546371 I believe it will be a good scrip to hold for the time being.

Sorry, its a year back story which is published at this time, I am sorry for this. Please don't follow this post.... Investors with a low risk appetite can give the initial public offer (IPO) of shipbuilder Pipavav Shipyard a miss; the offer does not appear to be a compelling investment option at this point in time given the lack of an operational track record, relatively attractive valuations of listed peers, pricing pressures and risks of vessel order cancellations. The shipbuilding sector is reeling under stress as a result of the downturn, with no clear signs of revival in orders. The offer is being made at a price band of Rs 55-60; the price discounts the estimated per share earnings for FY-11 by about 18-20 times. This is at a steep premium to the listed peers ABG Shipyard and Bharati Shipyard that are currently trading at single-digit valuations. While a premium to peers may be justified given Pipavav’s superior dock facility and multi-product capabilities, the premium deman...

Tax corner for stock market : All the dividend income you received from companies on the shares is TAX FREE !!u/s 10(33). Shares which are transacted through you DEMAT account , i e "delivery based" suffered Security transaction tax, and was in your holding for less then 1 year, are subject to tax of 10% at special rate u/s 111A for the head "Short term capital gain". Profit from all "intraday , Option, Futures, and all non delivery based shares" will be added to your gross taxable income, and will be taxed as per slab. Capital gain from the "delivery based shares" which are in your demat for more then ! YEAR is tax free , subject to payment of STT. u/s 10(38) for the head "long term capital gain"

Taneja Aerospace and Aviation (TAAL) was incorporated in Jul.'88 and received the licence to manufacture gliders in 1990. It was promoted by B R Taneja and Indian Seamless Metal Tubes (ISMT). Other companies of the Indian Seamless group are Indian Seamless Steels and Alloys, Indian Seamless Finance Services, etc. It came out with a public issue of 50 lac equity shares at par in Apr.'94, aggregating Rs 5 cr, to part-finance the Rs 20.5-cr project to manufacture light transport aircraft at Denkanikotta, Tamilnadu. TAAL is India's only manufacturer of six- to eleven-seater civilian aircraft, in the private sector. The company has technical collaborations with Partenavia Construzioni Aeronautiche, Italy, to manufacture the P68 Observer, and with National Aerospace Laboratory to manufacture light twin-seater trainer aircraft. Recently, it entered into an agreement with Cessna Aircraft to market the jet aircraft, Citation Ultra. It recently bagged an exclusive service contract fr...

Alok industries is a long term hold. It a vertically integrated company. It has a modern plant, the result is also good. Due to economic slowdown in the western countries it got less order, hence a temporary slump. Despite the recession the company post good result. High debt is a concern though. Overall its a hold for long term. In short term nothing going to happen, here patience will be rewarded.

Sterling Biotech Limited (Sterling) is the largest producer of pharmaceutical and nutraceutical gelatin in India and Asia as well. It has a domestic market share of 85% and a global market share of 6% in pharmaceutical grade gelatin and is among the top five gelatin producers globally. Sterling also sells Dicalcium Phosphate (DCP), a by-product of the gelatin manufacturing process, to poultry-feed and fertilizer industry in India, which is required as feed and medicines to protect poultry against diseases such as rickets. DCP finds further applications in products such as talcum powder, fertilizers and toothpaste. The primary raw materials required to produce gelatin are buffalo bones, Lime and Hydrochloric acid (HCL). These raw materials are available in abundance since India is one of the world's largest producers of buffalo meat. Competitive material costs enable Sterling to be the lowest cost producer of gelatin, globally. Capacity utilization of more than 100% allows Sterling ...

Trading members of the Exchange are hereby informed that the under mentioned new securities of Teledata Technology Solutions Limited are listed and permitted for trading on the Exchange with effect from Wednesday, July 15, 2009. Name of the Company : Teledata Technology Solutions Limited Registered Office : “Teledata Tower”,1st Floor, 37/1 Velachery Tambaram Main Road Velachery, Chennai – 600 042 Tel. Nos: 044 4220 7000 Fax No.: 044 2243 4311 Web: www.tts-consulting.com Email: info@teledatatechnology.in Securities:14,58,34,540 Equity Shares of Rs.2/- each fully paid-up Distinctive numbers:1 to 145834540 Scrip Code:533089 Group:B Market Lot:1 Face Value & Paid up value:Rs.2/- each fully paid Scrip ID on BOLT System:TTSL Abbreviated name on BOLT System:TELE TECHNO ISIN No. :INE391I01018 2. The brief particulars of the Scheme of Arrangement are as mentioned below: a) The Scheme of Arrangement of the Company was approved by the Hon'ble High Court of Madras vide its Or...

Its a year back story...Please don't follow this content.. I am sorry for this published post. Thanks. Thanks a lot sir, I will try to put a check on this. ( I got new information from the person whose name is mentioned below.) B N Kumar CEO Concept PR - Winner of "Agency of the Year 2007" award from PR Council of India Hope you are satisfied. Pipavav Shipyard, promoted by SKIL Infrastructure, is having second thoughts on going ahead with its proposed $150-million IPO in the wake of the recent tremors on Wall Street that continues to rattle global and Indian markets. The company, in which Punj Lloyd holds about 24 per cent stake, will be studying the market situation for the next three months before taking a final call on its IPO plans. “We have not yet shelved our IPO plans, but we are studying the market movements closely. If we go ahead with the IPO, it will happen in the next three months,” Mr Ray Stewart, Chief Executive Officer of Pipavav Shipyard, told Business L...

* Mumbai based developer * To raise 100 crore * To come up in first quarter of next calender year (January-March 2010) * To inject the raised capital in buying more properties * http://www.oberoiconstructions.com For more check out this link::: h ttp://economictimes.indiatimes.com/Marke ts/IPOs/Oberoi-Constructions-plans-IPO-t o-raise-Rs-100-crore/articleshow/4998568 .cms

Just out of college or packing your baggage to get out soon. We talked to various freshers and digged out some very common myths or misconception they have regarding IT job interview process. Though there are millions (okay…thousands..or even hundreds..no less) of them we are only putting the most common ones here. This might be difficult for for a 10+ yrs experience professional to digest, but this how freshers (or most of them) think. Can we help their thinking…yes..may be. Myth #10: Lowering Your Salary Demands Will Increase your chances of selection. When you are struggling for a job, sometimes you may be tempted to lower your demand and grab the offer letter immediately. Unfortunately or fortunately an IT company does not think in the same way. It is more interested in getting value from you (I mean your work..) rather than saving money on your salary. While asking for a much higher salary may show you a greedy, lowering expectation may lower the value perception. If you know what...