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Showing posts from October, 2010

India Shining

भारत आज विशव में कीर्तिमान स्थापित कर रहा है। इसका हम सको एहसास होने लगा है। भारतीय मूल के लोगों ने विशव में अपने आपको सिद्ध किया है। कोम्मोंवेअल्थ गमेस के सफलतापूर्ण समापन पर हमे और भी गर्व महसूस हो रहा है। अभी हमने कुछ ही बुलंदियों को छुआ है। हमे काफी आगे जाना है। ये ब्लॉग पर इस पोस्ट को पढ़कर मुझे काफी ख़ुशी मिली। आप भी इस पोस्ट को पढ़े और भारतीय होने का गर्व महसूस करें.

Sainiks beat up Big Boss guards

Armed with their party's self-proclaimed badge of moral police keepers, a group of 30 Shiv Sainiks descended on the Bigg Boss bungalow in Lonavala today and beat up security guards stationed there. Party chief Bal Thackeray had made his intentions perfectly clear in a statement issued in Mumbai. "Come what may, we will not allow the show. Don't issue law and order (disruption) threats to us. Shiv Sena will disrupt the TV show." The party wants the two Pakistanis among the 14 participants on the show to be expelled immediately. The fourth season of the show, based on the international Big Brother, is hosted by Salman Khan. Guests from across the border are Begum Nawazish Ali, a transvestite talk show host from Karachi, and actor Veena Malik, who is Pakistani cricketer Mohammad Asif's ex-girlfriend. "To bring people from Pakistan just to titillate audiences is terrible. Till our relations with Pakistan improve, these people should not be broug...

Swiss banks to reveal names once India okays treat : finally its out

The government of Switzerland would be ready to reveal the names and bank account details of Indians who have stashed away billions of dollars of black money in Swiss banks once the Indian Parliament ratifies the revised Double Taxation Avoidance Agreement that was recently signed between the two countries. This was stated by Tarun Vijay, Bharatiya Janata Party national spokesperson and Member of Parliament, in a statement on Wednesday. He said that in 'the first-ever move to contact the Swiss government directly' to disclose have the names of Indians who have salted away unaccounted for money in Swiss banks, he met Christa Markwalder, president, Foreign Affairs Committee (Presidentin Aussenpolitische Kommission des National Rats) of the Swiss Parliament on October 5 in Zurich. The BJP national spokesperson said that Markwalder was happy to learn about the BJP's interest in this matter, and added, "We have already signed a protocol about it with the ...

Dumped your partner? Pay palimony

Dumped your partner? Pay palimony - Court for contract to protect deserted live-in pal New Delhi, Oct. 4: If you have deserted your pal (partner), pay palimony, the Supreme Court said today, strongly advocating the need to develop such a concept in India. Hearing a case involving a couple from Tamil Nadu, a bench of Justices Markandey Katju and T.S. Thakur asked: “Why should we not develop such a concept in our country?” A California court had developed the concept in the Marvin versus Marvin case, involving American actor Lee Marvin and his partner. His partner of several years took him to court seeking “rehabilitation payments” after the relationship was over. More f ollow me

WOMEN use their GENDER like a WEAPON

"Because I'm a woman." That's the standard refrain when women want to avoid doing something they don't like! Illustration: Uttam Ghosh Scientists have proven that women frequently use their sex as a get-out clause for everything from crying to their failure to take the bins out. A survey found that 88 per cent of respondents had used their sex as an excuse at some point, while more than half admitted they did so regularly. Driving was the most common scenario, with 67 per cent blaming their poor parking on being a woman, reports the Daily Mail. More than half of women blamed their gender on their inability to catch spiders in the bath -- while slightly fewer than half used it to avoid carrying heavy items. The news follows Katie Price's [ Images ] admission in court last week that she had swerved while driving her pink horsebox because she was a 'typical woman driver'. The top ten situations in which women are likely to use their gender as an...

Aarti Industries Ltd

Why the stock price has increased? Aarti Industries has soared 11.81% to Rs 71.00 after the company's board of directors approved to issue upto 2.4 million convertible warrants, on a preferential basis, to the promoter group company. “Each of the said warrants would be entitled the holder thereof to apply for and obtain allotment of one equity share of Rs 5 each thereof on a future date not exceeding 18 months from the date of allotment of warrants at an issue price of Rs 58 per share. The issue price for the warrants is fixed at 25% of the issue price of the resulting shares upon conversion," the company said in its filing to the stock exchanges. Open - 65.00 High - 73.40 Low - 65.00 Close - 71.00 Previous close (04 Oct 2010) - 63.50

Reliance MediaWorks Ltd

Why the stock price has increased? Reliance MediaWorks has zoomed around 37% to Rs 292.95 after the company in its Annual General Meeting (AGM) announced that it will raise long term funds up to Rs 500 crore through Qualified Institutional Placement (QIP). "The media arm of Reliance-Anil Dhirubhai Ambani Group (R-ADAG) prepares to launch a bouquet of three channels later this month with its joint venture partner, the US-based CBS Studios International, under the BIG-CBS banner. The company is also receiving expressions of interest from potential partners to float television (TV) channels together," according to newspaper report. Open - 212.75 High - 299.40 Low - 212.75 Close - 292.95 Previous close (04 Oct 2010) - 213.90

PSU IPO share offerings: Don`t miss it!

Broking firm Enam Securities said unlike the general belief, history proves that public sector units (PSU) initial public offerings (IPOs) have always left something on the table for retail investors to cheer upon. It said, one should not miss the opportunity in investing PSU share offerings. ``Coal India is scheduled to open on Oct. 18, 2010. Don`t Miss the opportunity this time if you have missed till date,`` it said. Important points worth considering PSU offering is fancied by retail investors: ``Unlike the general belief, history proves that PSU IPO`s have always left something on the table for retail investors to cheer upon. On listing day; 94% of PSU offering have generated positive returns. On comparison with total issues; 63% of total issues have provided positive returns. Moreover, PSU offers generally provide special discount for retail investors (usually 5%); which is an added attractive proposition of PSU share offerings.`` Listing day gains are on anv...

Reliance Industries

India's largest gas producer Reliance Industries may be sitting on yet another gold mine - its block D4. RIL's partner Niko Resources , which owns 15 per cent in the block located on the east coast of India, has raised initial estimates of gas reserves in D4. RIL is the operator of the block with 85 per cent. Canada-based Niko Resources' chairman and CEO Edward S Sampson has told investors in a conference recently "We feel it's the twice the size of D6 and has prospectivity of up to an exceeding potential for 100 Tcf gas. It would change India and with 15% it would markedly change Niko" When contacted, Reliance Industries said "The appraisal process is presently being undertaken and we cannot offer any comment." But company sources tell ET NOW that the drilling in the block is expected to begin only by the last quarter of this financial year or early next financial year. The gas reserve of 100 Tcf at D4 is an initial estimate and how ...

Oberoi Realty Ltd - IPO Note

Issue Opens on: Wednesday – October 06, 2010 Issue Closes on: Friday – October 08, 2010 Bid Lot: 20 Equity Shares Price Band: Rs.253 to Rs.260 No. of Shares: 39,562,000 shares Issue size: Rs 1,000.92-1,028.61 cr Oberoi Realty Ltd. (ORL) an esteemed brand and leading real estate developer primarily operates in Mumbai. Backed by suave brand and successful track record; ORL has successfully completed 33 projects and developed 5.02 mn sq. ft. of saleable area since its incorporation in 1983. ORL plans to complete 24 projects (20.3 mn sq. ft.) over the next 3-5 years. This is approx. 4 times of its completed work till date and will significantly contribute to company’s profitability and cash flows going forward. Considering ORL focuses on premium projects, margins are expected to remain high backed by strong pricing. Despite experiencing severe downturn over past 2 years, ORL’s Balance Sheet (BS) has remained stealthy. This can be gauged from the Zero debt Status and strong cash ...

Career Point Infosystems Ltd

Career Point was incorporated to impart quality education to students preparing for various competitive examinations. With the sky-high ideals and commitment to excellence, now Career Point has taken a shape of vibrant, dynamic and responsible institute of the country. The tradition of innovation and excellence continue with Career Point’s quality of education that it imparts to engineering & medical aspirants and its dedication & devotion towards their success in different competitive examinations. Today, Career Point stands apart and well above the rest on a distinguished platform, as an epitome of success. This could be achieved simply by virtue of the excellent teaching methodology that Career Point has evolved, developed and implemented over the years. Since beginning Career Point’s objective is to enable each aspirant to achieve success in different competitive examinations. In the pursuit of which, Career Point has to its credit a team of outstanding f...

Immediate job opening with MNC (Java Developer) Mumbai vai Magna Infotech

Greetings from Magna InfoTech, Overview of Magna: Established in 1997, Magna has invested and grown aggressively. We have a nation wide network and strong presence in key geographical locations within India and abroad with an extremely results-driven approach. Magna InfoTech is one of the largest IT recruitment firms in India, and the undisputed market leader in IT and IT Enabled Services and Prime vendor with several Fortune 500 organizations like IBM, ACCENTURE, Avaya, Invensys, Wipro InfoTech, HP, HCL, J P Morgan Chase etc. Our current employee strength is a little over 3000 and we are empanelled with more than 84 active clients at present. We are having an urgent opening for Java , J2EE consulting with our MNC client in Mumbai Experience with atleast 1 end-end implementation. Requirement: Java , J2EE With atleast 1 Implementation Java/Core Java/J2ee JSP Servlets Struts Hiberates Location: Mumbai Experience: 1.10+ years Position Type: Will be a fulltime employe...

Walk-ins interview for Dot Net Developer on 9th October 2010

Omnitech InfoSolutions Ltd. Location: Andheri (E) Experience: 2-5 Yrs If interested, kindly walkin for an interview on 9th October 2010 i.e. Saturday in between 10.00 a.m to 3.00 p.m on the below mentioned address:- Omnitech Infosolutions ltd. Omnitech House, A-13, Kondivita Lane, Cross Road No-5,MIDC, Andheri (E),Mumbai-400 093. Landmark - Pidilite industries. Thanks & Regards, Amita Kadam HR Executive Omnitech InfoSolutions Ltd. www.omnitechindia.com INDIA ● USA ● BAHRAIN ● JAPAN ● SINGAPORE

Opening for Java Position in Delhi and Mumbai

We have an urgent opening with our esteemed client for "Java Position" for one of the top IT organization based at Mumbai/Dellhi. Job Type-(Contract To Hire Position) Designation- Developer-java Experience level : 1- 4 yrs Skills required - Java Skills - Java/j2ee,sql,swing Location: Mumbai/Delhi.Only male candidates can apply. First division is Mandatory(10th class onwards). Please let me know :-- 1. Total Experience : 2. Relevant Experience : 3. Current CTC. : 4. Expected CTC : 5. Notice Period : 6. Current location : 7. Ready to relocate. : 8. Contact No : 9. Education : 10. Resume: Interested Candidates can send their CV to shalka.kajal@fis.net.in Thanks & Regards Shalka Kajal

India, Russia to ink $25bn contract for 250 jets

India, Russia to ink $25bn contract for 250 5th-gen stealth fighters New Delhi: India and Russia are set to sign a preliminary agreement for a co-development and manufacturing programme for a fifth generation fighter aircraft that is slated to become this country's biggest-ever defence project. The programme will eventually see outlays in excess of $25 billion for the induction of 250 advanced stealth fifth-generation fighter aircraft (FGFA). Based on a Russian design, from the Sukhoi design bureau, the FGFA (Indian designation) will be a very potent super-manoeuvrable, supersonic cruise, long-range strike and high-endurance air defence capable aircraft that will cost upwards of $100 million (Rs450 crore) per unit. This would, however, be almost half the price of the comparable American fifth generation F-22 Raptor, which, at last count, was costing the US exchequer about $185 million per unit. The Russians are also confident that not only would the aircraft cos...

Aussie Wrestler showed middle finger to opponent

Australian wrestler Hassene Fkiri was disqualified Tuesday for making an obscene gesture to the judges in the Commonwealth Games 96kg Greco-Roman final, his coach said. Fkiri, who would have picked up a silver medal, refused to shake hands with Anil Kumar after losing to his Indian opponent, and moments earlier had shown his middle finger to the judges. Australian coach Kuldi Bassi said: "I didn't actually see anything myself but someone else told me he saw it. "He's a very nice person normally. He's very good, win or lose. He wasn't unhappy at all (before the fight) -- he was happy to be representing his country. "The Indian (Kumar) upset him a bit and was pulling his neck. I told him that was what was going to happen and I think he just lost control. It's very sad and it's bad for the country." Organisers of the competition were not immediately available for comment.

4,000-year-old Aryan city discovered in Russia

The remains of the ancient city were explored for the first time around 20 years ago Russian archaeologists have unearthed some ancient and virtually unknown settlements, which they believe were built by the original Aryan race about 4,000 years ago. According to the team which has discovered 20 spiral-shaped settlements in remote Russia steppe in southern Siberia bordering Kazakhstan, the buildings date back to the beginning of the Western civilisation in Europe. The Bronze Age settlements, experts said, could have been built shortly after the Great Pyramid, some 4,000 years ago, by the original Aryan race whose swastika symbol was later adopted by the Nazis in the 1930s. TV historian Bettany Hughes, who explored the desolate part of the steppe for BBC programme ‘Tracking The Aryans,' said, “Potentially, this could rival ancient Greece in the Age of the Heroes.” Unknown till now The remains of the ancient city were explored for the first time around 20 years a...

Thackeray is like god to me, says Rajinikanth

Superstar Rajinikanth who met Bal Thackeray said that the Shiv Sena chief is "like god" to him. The 60-year-old actor drove to Thackeray's residence at 'Matoshree' in suburban Bandra and sought the Sena chief's blessings. After meeting Thackeray, Rajinikanth compared the Sena chief to god. "He is like god to me," the actor said. Rajini, who was born to Maharashtrian parents, also expressed his desire to act in Marathi films. "Rajinikanth said he was 60-years-old and told the Sena chief that he too looked fit and healthy. To which Thackeray said he was 85," sources said. The superstar, who was born Shivajirao Gaikwad into a humble Maharashtrian family, said he always wanted to meet Thackeray when in Mumbai. "Balasaheb told the actor that he was most welcome at Matoshree," sources added. According to sources, the conversation was mostly in English and little of Marathi.

Bhushan Steel Ltd

Why the stock price has increased? Bhushan Steel touched lifetime high and closed up 16.79% at Rs 506.85 after the company placed an order worth of Rs 160 crore with Larsen and Toubro (L&T) subsidiary Metallurgical, Material Handling & Water Operating Company. The order is for the design, engineering, manufacture and supply of conveyor and auxiliary equipment for the raw material handling system at their ongoing 6 MTPA integrated steel plant at Meramandali, Orissa. The order has to be executed in 16 months. Open - 440.00 High - 511.80 Low - 440.00 Close - 506.85 Previous close (01 Oct 2010) - 434.00

Bharati Shipyard eyes Rs 1,000 cr orders

Bharati Shipyard Ltd, a private sector shipbuilder, expects new orders worth around Rs 1,000 crore from defence and offshore sectors over next one year. "At the moment, we have sufficient orders for the next one-and-a-half to two years," Managing Director P C Kapoor said in an interview on Monday. The company's current order book size is around Rs 5,000 crore, of which the unexecuted portion stands at Rs 2,000 crore. Bharati Shipyard has planned a capex of around Rs 200 crore for FY12 to set up shipyards at Dabhol in Maharshtra and Mangalore in Karnataka. He also said Great Offshore, an offshore services company in which Bharati holds a 49.73 per cent stake, is looking to raise $150-$200 million in three-four months to expand and replace ageing fleet. Kapoor serves as executive director on the board of Great Offshore, in which Bharati had raised stake earlier this year after a six-month long battle with rival ABG Shipyard. Great Offshore could raise the funds ...

Strides Arcolab gets USFDA nod for new injection

Pharma firm Strides Arcolab today said it has received two approvals from the US health regulator for its lidocaine hydrochloride injection, which is used for treatment of irregular heartbeat patients. The approval from the United States Food and Drug Administration (USFDA) is for its lidocaine hydrochloride injection USP in single-use vials in the strengths of 20mg/ml, 5mg/ml and 10mg/ml, Strides Arcolab said in a filing to the Bombay Stock Exchange. "The products will be launched in the near future. We have also filed applications for balance strengths, approval for which are awaited," it added. According to IMS data, the total US market for lidocaine injections in 2009 was worth approximately $61 million. "Half of this market will be covered by the two products for which approvals have been received," it said. This approval was the 50th Abbreviated New Drug Application (ANDA) for the company. Of the 50 approvals, 31 are for sterile products. Furthermore...

SKS Microfinance sacks CEO; shares fall

Because of this news Gives no reason for Gurumani’s termination, but says financial irregularities not an issue. Hyderabad-based SKS Microfinance on Monday sacked its Managing Director and CEO, Suresh Gurumani. A resolution terminating Gurumani’s services with immediate effect was passed by the company’s board on Monday and notified to the stock exchanges. Markets reacted sharply to the news. Shares of SKS plummeted 5.81 per cent over the previous close to end at Rs 1,276.50 on the BSE on Monday. The board replaced Gurumani with M R Rao, who was appointed deputy CEO barely a month ago. When asked why Gurumani had been fired, SKS Executive Vice-President (Corporate Communications) Atul Takle told Business Standard: “We are not commenting on that.” However, SKS Chief Financial Officer D Dilli Raj said the termination was “not an issue related to financial irregularities”. In the course of a conference call with investors on Monday, SKS founder Vikram Akula said, “The move is...

Tata Motors buys Italian design firm

Tata Motors has bought an 80 per cent stake in Italy-based Trilix Srl, a design and engineering company for ¤1.85 million (Rs 11 crore). The remaining 20 per cent stake is equally held by the promoters of the target company, stated a release sent by Tata Motors to the Bombay Stock Exchange. “The acquisition is in line with the company's objective to enhance its styling/design capabilities to global standards,” the company added. Trilix offers design and engineering services in the automotive sector, specifically styling, architecture, packaging, surfacing, macro and micro feasibility and detailed engineering development. The Turin-based company has had a relationship with Tata Motors, as it has worked on several projects. The company has a turnover of ¤4 million.

Alstom secures order worth Rs 550 mn from Lanco

Alstom Projects India (APIL) has been awarded with a contract worth approximately Rs 550 million by Lanco Infratech to install a new hydro power plant in India northern region. The 75 MW Phatabyung Hydro Electric Project will be set up in the Uttarakhand region on the bank of Mandakini River. The order entails end-to-end manufacturing of equipment at Alstom Hydro`s Vadodara facility in Gujarat State, one of the company`s largest hydro equipment manufacturing hubs worldwide. Within the scope of this turnkey contract Alstom Hydro will supply 2 x 38 MW Francis turbines and generators as well as the main inlet valves and control and protection systems. Prancois Carpentier, managing director (MD) and vice chairman, APIL, said, ``We are proud to have been awarded this contract while strengthening our relations with Lanco Infratech . This additional order shows Alstom`s capabilities in hydro business in India thanks to our state-of-the-art local manufacturing facility in Gujarat.``

Ashok Leyland Sept sales soar 90%

Commercial vehicles maker Ashok Leyland has reported 90.22% jump in commercial vehicle sales at 10,363 units in September against 5,448 units sold in the same month last year. The company said that domestic sales stood at 9,513 units last month against 4,809 units sold in the same month last year, up by 97.82%. Exports increased by 33.02% to 850 units from 639 units. The company also reported a 99.08% increase in total domestic sales of medium and heavy commercial vehicles at 9,474 units in September 2010 compared with 4,759 units in September 2009. Shares of Ashok Leyland gained Rs 2.1, or 2.8%, to settle at Rs 77.10. The total volume of shares traded was 1,672,110 at the BSE (Monday). Bajaj Auto sales grow 26% in Sep - Pune-based Bajaj Auto, India's second biggest bike maker, today posted a 26 per cent rise in total sales of its two and three wheelers selling 352,769 units during September as compared to the same month a year ago. Sales of motorcycle grew 26 per cent (i...

Suzlon 'very comfortable' with current debt level

Wind turbine maker Suzlon Energy has not ruled out selling its stake in Hansen Transmissions just yet despite pressure on the company to reduce its debt, chairman Tulsi Tanti said at the weekend. Tanti said the world's third-largest wind turbine maker, behind Denmark's Vestas and Spain's Gamesa, is very comfortable with its current net debt level. The debt part of the problem is over," Tanti, who founded the company in 1995, told Reuters in an interview. Debt worries have weighed on Suzlon's stock price, and the company sold 35 per cent of Hansen for around $370 million last November, issued equity, increased operational efficiency and reduced its working capital to cut its net debt by 17 per cent to Rs 9,760 crore ($2.20 billion) by the end of May. "All these initiatives have given a good level to our debt. The comfort is there. Now we can say things are very comfortable," Tanti said. The company's leveraging has worried investors ever sinc...

Reliance Mediaworks zooms 36% on future growth plans

Reliance MediaWorks has zoomed around 37% to Rs 292.95 after the company in its Annual General Meeting (AGM) announced that it will raise long term funds up to Rs 500 crore through Qualified Institutional Placement (QIP). "The media arm of Reliance-Anil Dhirubhai Ambani Group (R-ADAG) prepares to launch a bouquet of three channels later this month with its joint venture partner, the US-based CBS Studios International, under the BIG-CBS banner. The company is also receiving expressions of interest from potential partners to float television (TV) channels together," according to newspaper report. The stock opened at Rs 213 and hit high of Rs 252 on the BSE. The counter has seen hectic activity with trading volumes zoomed more than twenty-folds. As many as 1.56 million shares changing hands on the counter so far as against an average 78,000 shares traded daily in past two-weeks.

Provogue (India) Ltd

Why the stock price has increased? Provogue has rallied 11.19% to Rs 74.55 on reports that the company is planning to enter the watches market by launching 20 models. Initially, the products will be launched in five major cities and gradually expand into other areas. “The company expects Rs 25-30 crore revenue by selling watches in the next 18 months. To be priced between Rs 5,000 and Rs 20,000, the watches will be showcased in Provogue stores. Currently, the company has 130 stores spread cross 60 cities. Meanwhile, the company expects a revenue growth of 35-40% in the September quarter," according to newspaper reports. Open - 67.70 High - 75.75 Low - 67.70 Close - 74.55 Previous close (01 Oct 2010) - 67.05

India Inc’s Small Speedsters

How we did it? For compiling the list of companies, we included companies with net sales below Rs 1,000 crore during FY10. With a view to exclude small companies with possibly dubious credentials, we eliminated from the list companies with a market capitalisation of less than Rs 50 crore. To make sure that the list was populated only with companies showing healthy financials, we added further criteria, such as return on capital employed (RoCE), debt-equity ratio (DER) and interest coverage ratio (ICR), cash flows from operations and dividends paid. India Inc’s Small Speedsters As a result, the final list comprised companies, which consistently maintained their RoCE over 15% during the past three years, DER below 1.5 in the past three years and an ICR above 5. Companies which had missing or skipped dividends more than once during the last three years or companies with more than one year of negative operating cashflows, too, were weeded out. This left us with nearly 140 companies w...

The new heroes

Zydus Wellness leads the ETIG’s 2010 list of 100 Fastest Growing Small Companies. It zoomed to the top from fourth position last year. The scrip has benefited immensely due to the merger of Cadila Healthcare’s consumer healthcare business and continues to remain debt-free and cash-rich. The recently listed Technofab Engineering occupies the second spot, thanks to its impressive profit growth over the last three years. But it is Hawkins Cookers, which stole the show in the top five. It made it to the top three after figuring down in the list at the 19th position last year. A superior profit growth in FY10 helped the company cruise past the likes of Man Infraconstruction, Vinati Organics and VST Tillers Tractors. Vinati Organics shot up from last year’s 14th rank to 8th this year and VST Tillers from 27th to 12th position. A few seem to have lost their ground compared to last year. Tata Sponge Iron, which stood tall at the third position in 2009 list, has slipped to 20th this year. S...

The showstoppers on bourses

A robust financial performance goes a long way in winning investor confidence. To put it in perspective, 77 companies that featured in our 2009 list of 100 Fastest Growing Small Companies outperformed the benchmark indices in the year gone by. Moreover, the stock prices of 27 companies more than doubled during the period. A portfolio, which includes the top 10 companies from the list, would have enriched an investor by 59%, as against a market gain of 21%. A portfolio of top 25 companies would have earned 61%. And a portfolio with equal weightage of all these 100 companies would be valued higher today by 73%. Indeed an impressive feat.

Small Companies That Hold Potential To Make It Big

 Success, be it small or big, needs to be celebrated. In keeping with this belief, ET Intelligence Group unveils a list of India Inc’s 100 Fastest Growing Small Companies annually. It is the fastest-growing small companies of today that hold the promise to emerge as tomorrow’s giants. But this comes with a caveat. It is difficult to say, for sure, which of these smaller speedsters of India Inc would make it to the Grand Prix in the future. As they say, past performance is no guarantee of excellence in the future. But what we can state from historical trends is the kind of companies which have the potential to make it big. Given their consistent past performance, the companies in the latest list of ETIG’s 100 Fastest Growing Small Companies hold the potential to emerge as likely winners. Investors should cherry-pick stocks from the list based on further research or build a portfolio based on our selection to stay ahead of the markets.

IL&FS Transportation Networks Ltd

IL&FS Transportation Networks Ltd has informed BSE that the Company had emerged as a lowest bidder for the bid submitted in consortium with Spanco Ltd, (where, ITNL will hold 51% and Spanco will hold 49% of total equity capital) with the M P Road Development Corporation Ltd ("MPRDC") for Up-gradation, Modernization, Development, Operation and Maintenance of 24 Border Check Posts across the state of Madhya Pradesh on BOT basis (the "Project"). The Project is fee based with a Concession period of 4566 days and the estimated cost of the Project is Rs. 1094 Crores Further, the Company has informed that the Company has received a Letter of Award from MPRDC for the aforesaid Project.

Eros International Media Limited

We are part of the Eros Group, which is a global player within the rapidly expanding Indian media and entertainment arena. The Eros Group operates on a vertically integrated studio model controlling content as well as distribution & exploitation across all formats globally, including cinema, digital, home entertainment and television syndication. Established in 1977, Eros has over three decades of market leadership in creating a global platform for Indian cinema. The group has an enviable distribution network that spans across 50 countries and over 27 dubbed foreign languages, with offices in India, UK, USA, Dubai, Australia, Fiji, Isle of Man and Singapore. Eros has built a successful business model by combining the release of a portfolio of over 70 new films every year with the exploitation of a valuable film library of over 2000 film titles, making it undisputedly one of the largest content owners in the business. In 2006, Eros plc, the holding company of the Ero...

VA Tech Wabag Limited IPO

Incorporated in 1996, VA Tech Wabag is one of the world’s leading companies in the water treatment field. WABAG is multinational player provides turn-key solutions for water and waste water treatment to municipal and industrial users. Wabag has market presence in India, the Middle East, North Africa, Central and Eastern Europe, China and South East Asia. WABAG offers complete life cycle solutions including conceptualization, design, engineering, procurement, supply, installation, construction and O&M services. They provide a range of EPC and O&M solutions for sewage treatment, processed and drinking water treatment, effluents treatment, sludge treatment, desalination and reuse for institutional clients like municipal corporations and companies in the infrastructure sector such as power, steel and oil and gas companies. As at July 2010, Company has executed 113 projects and is currently executing 81 projects. Objects of the Issue: The objects of the Issue are:...

.net principal and senior developer requirment

Principal .NET Developer Principal Engineer As per the market standards 7+ years Bangalore, Hyderabad Required Technical Skills: •Expert-level expertise with ASP.NET, Web Services, and Windows Forms •Experience with large-scale applications in a leadership role •Expert-level competency in C#.NET •Broad experience with .NET Framework (1.1/2.0) •Experience with ADO.NET, SQL Reporting Services and SQL 2000/2005 •Third-party controls (Infragistics or similar) •Experience with .NET 3.0 (WF, WCF, WPF, WCS) •Demonstrable experience developing solution architecture •Leadership experience throughout the software lifecycle Our client started it’s operations in 2001 and was started by ex-Microsoft professionals. Headquartered in California, they have earned an unparalleled reputation for the depth and breadth of their technology knowledge and business acumen. Quick Facts : - Started in 2001 - Based in multiple locations in US - Worldwide strength – 400+ - In India – Office ...

PSPL walkin for Share Point professionals

Those who are interested can drop a comment. Also check Walkin in PSPL for Android Professionals

Opening for software developer at SAP Labs India, Bangalore

There is an opening for a software developer in the DNA (Design of New Applications) team at SAP Labs India. The position is based out of Bangalore and requires the candidate to have strong a programming background (any technology) and work experience between 2 to 4 years related to SAP (preferred, go through the JD for details). Interested candidates please forward me your resumes for the same. As the time line for filling the position is short, please send across the CVs by 7th Oct (Thursday)  5:00 PM IST. Thanks PS: For AITians only. I do not want to turn into a recruiter and be inundated with multiple resumes from all over the place :) But those candidates who want to be a part of this can contact me. Job Specifications : PURPOSE AND OBJECTIVES Design and New Applications(DNA) – DNA is an integral part of Technology and Innovation Platform Board area, building next generation platform and apps in the areas of In-Memory technology and Device Mobility. To gai...

Immediate opening for System Administrator - Support with Directi, Mumbai

Greetings from CareerXperts Consulting! We are technical search firm based in Bangalore. Our Website: www.careerxperts.com About our client: Directi • Established in 1998 • Valued at 300+ million dollars • 550+ employees • 25+ Internet Software Products for a Global audience • 1,000,000+ Customers and 50,000+ channel partners (growing at >120% p.a.) Directi (http://www.directi.com) is a 300+ million dollars group of Businesses, that develop innovative mass-market Web Products serving millions of Customers worldwide. Directi businesses rank amongst the fastest growing businesses worldwide in their corresponding industry segments. The combined Product Portfolio of various Directi businesses includes - Communication and Collaboration apps, Social Networking software, Instant messaging, Context Analysis Engines, Antispam and Antivirus Solutions, Large scale Billing and Provisioning platforms, Traffic Monetization Solutions, Online Advertising Solutions, DNS Management Products,...

Urgent Opening for Java Developer in Mumbai in a Digital and Entertainment company

We have a very good opening with a leading Digital & Entertainment company based at Mumbai for the post of Java developer. Job Description: - Core Java (along with Multi-threading, JNDI (Java Naming and Directory Interface), SQL - Servlets and JSP along with AJAX - Third-party Java API like Apache Commons DBCP (Database Connection Pooling), Http Client, Apache - log4j - Additional knowledge of MySQL, Oracle, PL/SQL preferable - Having Financial Domain experience, Security, Encryption, Encoding will be added advantage Work Location: Mumbai Experience : min 2 yrs ________________________________________ If you consider yourself to be a perfect match for the position, kindly send me your updated resume as an attachment in MS Word format so that I may get back to you with all the relevant details. Kindly provide the following information while forwarding the resume. Total Experience: Current CTC: Expected CTC: Joining time: Current Location: Please feel free to g...

Urgent required for Flex Developer

Job Specifications: Flex Developer Educational Qualification: Any Graduate Essential: Flex 3.0, ActionScript 3.0, 2.0 Preferred: Experience: 2-3 years in web, RIA development IT Experience: Functional Experience: Technical Skills Requirements: Flex 3.0, ActionScript 3.0, J2ee or equivalent server side scripting Skills Mandatory: MVC pattern, OOPS, Cairngorm MICRO Architecture Preferred: Good to Know: E-Learning, SCORM, AICC Standards, LMS Company Details. MRCC is a provider of information technology professional services to organizations of all sizes. M & R Consultants Corporation development center provides its clients with a wide range of professional services in areas such as client-server design and development, e-commerce applications design and development, Health Insurance Portability and Accountability Act (HIPAA), custom software development, enterprise resource planning package implementation and customization, applications maintenance programming, d...

Revocation of Suspension in trading of equity shares of Innovation Software Exports Ltd. (Scrip Code: 517433)

 Trading Members of the Exchange are hereby informed that the suspension in trading of equity shares of the below mentioned company will be revoked w.e.f. Friday, October 8, 2010. The trading in the securities of the company will be resumed in “T” group. Scrip Code - 517433 Name of the Company - Innovation Software Exports Ltd.

Revocation of Suspension in trading of equity shares of Synthiko Foils Ltd. (Scrip Code: 513307)

Trading Members of the Exchange are hereby informed that the suspension in trading of equity shares of the below mentioned company will be revoked w.e.f. Friday, October 8, 2010. The trading in the securities of the company will be resumed in “T” group. Scrip Code - 513307 Name of the Company - Synthiko Foils Ltd.

Microsec Financial Services Ltd

About Us We have an integrated business model providing various financial products and services to our client base of retail investors, high net worth individuals, companies and institutions. With an Experienced senior management and people partnership model the we have been able to create a strong base with an emerging pan India presence. “Microsec” is a well-recognized brand with adequate base of research delivery capabilities . At Microsec knowledge is worshipped, transparency is mirrored, partnerships are nurtured and commitments are kept. Listing of Equity Shares of Microsec Financial Services Limited Trading Members of the Exchange are hereby informed that effective from Tuesday, October 5, 2010 the equity shares of Microsec Financial Services Limited are listed and admitted to dealings on the Exchange in the list of B Group.    Company Website : http:// www.microsec.in

SKS boss sacked in power struggle

SKS Microfinance sacked its chief executive Suresh Gurumani on Monday, exposing a power struggle at the country’s largest microlender just weeks after a dream public flotation. The sacking took markets by surprise, and anxious investors raced for the exit, punishing its shares as much as 9% in intra-day trading. The firm, whose pioneering stock market listing in August was seen as heralding a wave of similar flotations across the microfinance sector, did not give reasons for Mr Gurumani’s ouster, only telling the market that it had ‘terminated’ his services as CEO and MD. SKS named deputy CEO MR Rao as Mr Gurumani’s replacement Source

Walkin in PSPL for android professionals

Multiple Openings - Mumbai - Adika Inc

Please find below a brief overview of the company and the vacancies. If you know anyone who might be interested, please get in touch directly at jobs@adikainc.com. Brief Overview of the company: Adika Inc is a systems integration company and consulting firm that specializes in the implementation of Oracle Enterprise Manager Grid Control Plug-ins. You may visit the company website at http://www.adikainc.com for more details. Areas in which there are vacancies: • Java developers, Technical Architects and Analysts • Middleware/Web-services analysts and architects • Perl developers • Storage and Networking developers and architects • QA & Testing Preferable no. of years of Experience: 1-3 years Please direct all queries to jobs@adikainc.com. Location: Mumbai

Java Flex opportunity with Mastek Mumbai

We have immediate requirement for Java Flex at Mastek (Mumbai) Please find below the JD : • Experience in the range of 2-4 years of Flex 3.0 development. Other experiences need to be Java (JSP, Servlet or J2EE). • Should be able to work with complex UI requirements and components (like data grids, module loaders, flex effects etc). • Should have experience in Flex integration with Java components (JSP, Servlet or J2EE), ideally web services would be a big plus. • Should have exposure for Flex Frameworks. (Ideally PureMVC however any other like Cairngorm should be fine, but need to be conversant). • Should have learning attitude and teaming and team synergy qualities. Should be able to put extra efforts for learning and working. • Some exposure to web development and basic knowledge related to web applications and some exposure to database. Nice to have: • Knowledge of Advanced Grids/ Flash application development • Knowledge of web services using Java / Spr...

Urgent opening for Java Developer with Indian based company

We Best Brain Technologies and Resources Pvt. Ltd is a recruitment based company at Pune. We are having a urgent requirement for Software Engineer - JSP, Javascript Position: Java Developer Client: Indian based company, having strenght of 30+people working with them. Job Location : Mumbai (Powai) Experience : 0.7-1.5 yrs Join within 30days. Location :Mumbai (Powai) Job Description: Experience in Core Java and J2EE. If interested please mail you CV to rc3@bestbraintech.net and also mention the following details for efficient processing: Total Exp: Current CTC : Expected CTC(if negotiable, upto what extent) Notice period (if negotiable, upto what extent) Willingness to relocate Primary skills Secondary skills If you have any friends or references who will be interested please forward them this mail. Thanks and Regards, Ms. Chandu Natekar Best Brain Technologies & Resources Pvt. Ltd. rc3@bestbraintech.net

Java Developer opening at Hakoba Compound(Parel,Mumbai)

We have a opening for Java Developer, details as below: Company name- A Little World pvt ltd. Position : Java Developer: JOB Description ----------------------- 1. core java, J2EE, Hibernate 2. Database-- MySql Job Timings - 9.30 am to 5.30 PM (Mon-Sat) Company Strength - 120 Experience: 2 - 5 years Interview :- Mon to Sat (11:00 am to 3:00pm) Please furnish below details to schedule interview : 1- Current CTC = 2- Expected CTC = 3- Total experience = 4- Skill Set posses = Kindly send your updated resume to schedule interviews. regards Shaheen Mobile:9930913888

Maruti sees record sales in September

Maruti Suzuki India Ltd (MSIL), the country’s largest car maker, expects to record its highest-ever monthly sales in September this year with a growth of 32-33 per cent over the corresponding period of the previous financial year. MSIL Chairman R C Bhargava said: “MSIL’s growth till last month was about 27 per cent. This month, I believe it will be something between 32 and 33 per cent. September will be a record month.” MSIL reported its highest ever monthly sales of 104,791 units in August, which was an increase of 23.56 per cent over August 2009. For this entire fiscal, we should sell about 1.2 million cars,” Bhargava said, adding the company sold about 1.02 million units in the last year. To up capacity 10% In order to meet the growing demand for automobiles in the domestic market, MSIL has further firmed up plans to increase capacity by 10 per cent to churn out 110,000 vehicles every month from October. This would take the company’s annual output to 1.3 million units in 2011...

Auto sales zoom in September

TVS Motor Company on Friday reported its highest-ever monthly sales of 1,88,005 units in September, 30.78% higher than the same month last year. Domestic two-wheeler sales in September, 2010, stood at 1,65,418 units, up 25.05% in comparison to sales of 1,32,281 units in the same month of 2009. The company said exports of two-wheelers during the month rose by 88.52% to 19,365 units from 10,272 units in September, 2009. Two-wheeler maker Suzuki Motorcycle India has reported a 44.99% growth in sales to 22,534 units in September, compared to 15,542 units in the same month last year. ``We believe in bringing `value` to our customers and we have proven so with our products. We will continue to keep up this growth momentum in future,`` Suzuki Motorcycle India Vice President (Sales and Marketing) Atul Gupta, said in a statement. The company attributed the growth to the good response for its motorcycle GS150R, scooter Access125 and recently launched bike SlingShot, the statement said....

Motilal Oswal buys out Goldman Sachs in Cremica

Do watch out this story, it will be a big story. Motilal Oswal Private Equity Advisors Private Ltd (MOPE) has bought the 20 per cent stake of Goldman Sachs in Ludhiana-based food company Cremica. According to persons close to the development, the private equity (PE) arm of Motilal Oswal Financial Services Ltd (MOFSL) bought the stake for around Rs 70 crore, valuing the company at Rs 350 crore. MOPE bought the stake through its India Business Excellence Fund (IBEF). In 2006, Goldman Sachs had picked up the stake through its unit Jade Dragon (Mauritius) Ltd for close to Rs 70 crore, indicating that its exit had been on par, said the sources. In 2009-10, Cremica’s turnover was close to Rs 400 crore. Raamdeo Agarwal, chairman of MOPE, said, “The food industry in India is in a high-growth phase. If the economy has to grow from one trillion dollars to two trillion dollars in the next four to five years, branded food consumption will increase with growing income levels. Companies like...

Tecpro Systems Ltd IPO

Objects of the Issue: The objects of the Issue are to: 1. fund working capital requirements; and 2. fund expenditure for general corporate purposes. Issue Detail: »» Issue Open: Sep 23, 2010 - Sep 28, 2010 »» Issue Type: 100% Book Built Issue IPO »» Issue Size: 7,550,000 Equity Shares of Rs. 10 »» Issue Size: Rs. [.] Crore » Face Value: Rs. 10 Per Equity Share »» Issue Price: Rs. - Rs. Per Equity Share »» Market Lot: »» Minimum Order Quantity: »» Listing At: BSE, NSE

Hindustan Copper to reopen Jharkhand mines soon

Taking forward its mega Rs 4,500 crore , state-run Hindustan Copper today said it will reopen its closed at , in Jharkhand, by 2013. This is a big news and will really affect share market. Do watch it. :) And also invest before checking, it may lead to fall in the prices also. The move to reopen the mines comes ahead of the company's 20 per cent share sale programme slated for November-December this year, which is expected to raise Rs 4,000 crore. "The Kendadih mines, which have been closed since 2000 will be made operational by March 2013," a company official told PTI. The mines spread across 1140 hectares has 17.84 million tonnes (MT) of ore reserves. The copper major has already invited bids for revival of the mine, he said. HCL has said that it is taking steps to develop new mine in potential copper deposits in the country to enhance output from the current 3.15 million tonnes per annum (MTPA) to 12.5 MTPA in the next five to seven years at a ...

Hindustan Copper files paper for share sale

Hindustan Copper has filed initial papers with the market regulator- Securities and Exchange Board of India (SEBI) for a follow-on public offer that could fetch up to $1.8 billion at Monday's closing price. The company will offer around 184 million shares that constitute 18.08 per cent of the post-issue equity, through a book-building process, it said in a statement yesterday. Up to 50% of the Issue shall be allocated on a proportionate basis to qualified institutional buyers, not less than 15% of the Issue shall be available for allocation on a proportionate basis to non- institutional bidders and not less than 35% of the Issue shall be available for allocation on a proportionate basis to retail bidders. Meanwhile, a discount of up to 5% of the Issue Price determined pursuant to completion of the Book Building Process may be offered to Eligible Employees and to Retail Bidders. The book running lead managers to the issue are ICICI Securities, Enam Securities, Kotak Mahindra...

The unhelpful heritage vanishes.

This is the sentence which PPP i.e. Pay Per Post site asked me to post as a link. This auto generated statement is really funny. Its awesome service to generate more funds from a blog, it just need to be get approved. Hope my blog will be approved. If it will be approved, then I will add more pennies into my online bucket. This Pay per post service is awesome for good writers. They can easily earn good amount of money from pay per post. My blog has a great alexa ranking, and has more visitors, for the writers so that their content will reach to many readers.

Commonwealth Game kicks off in Delhi

The wait is finally over. The biggest Commonwealth Games so far was inaugurated by Prince Charles and President Pratibha Patil at the Jawaharlal Nehru Stadium in Delhi. An impregnable security blanket of 7,500 personnel, including commandos, has been thrown over the grand Jawaharlal Nehru stadium, the venue of today's opening ceremony of the 19th Commonwealth Games. As one enters the stadium, the only thing visible are the gun-toting security personnel including many in battle fatigues standing besides banners with Games motto 'Come out and Play' written on them. Lots of talks already going on about these commonwealth games, hope this will end these talks about these games. I am damn sure the world will look forward for these games now. India will put a good show this time, after showing good performances in last commonwealth in Manchester. Hope the run continues

Oberoi Realty Limited IPO

Oberoi Constructions is a real estate developer focused on premium developments in Mumbai. Group have completed 32 projects covering approximately 4.979 million square feet of saleable area spread across the city of Mumbai. The Oberoi Realty group currently manages a portfolio spanning across Residential, Office Space, Retail, Hospitality and Social Infrastructure properties in Mumbai. Oberoi develop residential, office space, retail, hospitality and social infrastructure projects in mixed-use and single-segment developments. currently they have eight Ongoing and 19 Planned projects, which we expect to provide a total Saleable Area of approximately 21,316,528 square feet. Objects of the Issue: The object of the issue are: 1. Construction of ongoing projects; 2. Acquisition of land or land development rights; 3. General corporate purposes. Issue Detail: »» Issue Open: Oct 06, 2010 - Oct 08, 2010 »» Issue Type: 100% Book Built Issue IPO »» Issue Size: 39,562,...

Dabur-FMCG Wildcard

1QFY11 - Strong revenues; higher taxes. Dabur witnessed a healthy performance in 1QFY11, with revenue & PAT growths of 23.4% yoy and 17% yoy respectively. Despite the robust performance, we retain Hold on Dabur owing to higher valuations. Healthy volume growth. Dabur reported revenue growth of 23.4% yoy and volume growth of 16.8% yoy. The company took select price hikes in key SKUs. The increase in brand-building activities and re-launch of various SKUs has led to Dabur witnessing the highest volume growth in the past 13 quarters. Smooth sailing in all segments. All the segments are doing well, with hair oils growing 16.5%, shampoos up 17%, oral care up 20.2% and skin care up 12.4%, yoy. Health supplements and home care have reported strong 42.8% and 31.5% growth yoy respectively. Juices grew 21% yoy. Consumer health division and international business grew 10% and 29% yoy respectively. EBITDA margin down 100bps. Given higher other expenditure, EBITDA margin was down 100bps ...

BS Transcomm Ltd IPO

BS TransComm is engaged in the business of providing a range of services to telecommunication infrastructure providers and power transmission companies including turnkey services. BS Transcomm plans to provide tower companies with solar and wind power solutions along with its existing fuel management solutions. In telecom infrastructure the company's main clients are Reliance Infra, GTL, Indus Towers, Quippo WTTL, Bharti Infratel and Vodafone Essar. Clients in the power business include Power Grid Corporation, Rajasthan Rajya Vidyut Prasaran Nigam & Transmission Corporation of Andhra Pradesh and Karnataka Electricity Board. The company has laid down expansion plans to increase its current tower fabrication and galvanization capacity from 36,000 MTPA to 240,000 MTPA in two phases. In first phase, completed in March 2010, the company expanded the capacity by 84,000 MTPA, taking the current capacity to 1,20,000 MTPA. In phase II the company will increase tower manufa...

Monthly Traffic Reveiw : Alexa rank increases

Today, I reviewed my blog traffi c, and really happy with the things going. Things are very well as of now, but I want more. No one is really satisfied with the things he is already getting. So as me. So, while reviewing traffic, I came to know some things about entrecard traffic also : Traffic driven from entrecard is not good for revenue generation for your blog, it might increase your blogs alexa ranking. Since the entrecard users hardly stays on your blog, they land in your blog, drop and run away, they are not really interested in blog content. So I will try to attract entrecard users also. Its very important for an entrecard user to attract these entrecard droppers, so that you can generate a good revenue from the huge traffic through entrecard . I already tried to attract Entrecard users, but they dint read the content at all, so they are not even get to know about the offers I made available for the Entrecard users Buy Entrecard Credits in less rates than any one is off...

Does he/she loves me? : Part 1

Most of the people are interested in knowing whether their partner is seriously interested in them or just he or she is with them to just spare some time. And I also found this that instead of asking this question from the people around their partner or his/her good friends, or the common friends, most of the people ask this question from strangers. People do you really feel that a stranger is good enough to be trusted upon. Most of the people are confused about their partners. I am amused about this, that what makes so much confused about their own partners. Why people ask others, whether he/she loves him/her or not? After thing a bit, I come to the conclusion of this : 1.        These people are very much confused about their partner. 2.        Someone told them something about their partner, and they don’t have guts to ask their partner about the thing told by someone. 3.        They might hav...