The India Street

Are you happy that mobile companies have introduced per second billing?

Aditya Rao — Tue, 10 Nov 2009 21:11:01 -0800

* Yes - it gives me, the customer a lot more options * No - I think I'll end up paying more in the long run * Don't Know - I'll wait and watch before I say anything * I don't care - It doesn't help me that great a deal

The Pay Per Second Billing Model: What Does It Hold?

Aditya Rao — Tue, 10 Nov 2009 21:00:53 -0800

The past month has seen some hectic activity in the Indian Telecom Sector. It’s amazing how a little competition always keeps everyone on their feet. Each business enterprise looking at the market as if through the eyes of a hawk for the next big business opportunity .Each company trying to seduce the prospective customer with its products. India, the future to be world’s largest mobile telephony market is now going through a massive upheaval. Market leaders no longer have it easy and with the introduction of the per second billing model, the competition has only gotten more cut throat.

A Look At Trucking Stocks

Aditya Rao — Fri, 06 Nov 2009 00:17:13 -0800

The Auto pack has rebounded excellently this year making the pack a stand out outperformer on the Indian markets. It’s been a sector which even the bears like, that in itself says a lot about it. This article is however not about the entire auto sector. It’s about one small section within the auto sector that is nonetheless an important one. I’m concentrating on companies which are involved in the manufacture of trucks and similar heavy vehicles. If you are a long term investor then these are companies that you can seriously consider adding to your portfolio.

Signs Of A Correction

Aditya Rao — Wed, 28 Oct 2009 14:17:35 -0700

The first impression that you might receive upon reading the title of this post would be that the writer is trying to suggest that the Indian markets are headed or heading towards a correction. A dip in the indices which have for the last six months or so stayed positively in the green are now going down into the red zone. Let me categorically say that I am not suggesting that a correction is imminent or anything like that. However based on the movement of the markets during the past few trading sessions, there is evidence to suggest that we might be moving towards a correction in the medium term.

RIL & RNRL: The Short/Medium Term Trade

Aditya Rao — Sat, 24 Oct 2009 14:24:35 -0700

As you probably know the final set of hearings in the Reliance gas dispute have begun. The first set of hearings began this past week .No verdict is expected in the immediate future. It will take a few weeks for the arguments, counter arguments and deliberations by the three member Supreme Court bench itself. Remember that there are three parties in this case-RIL, RNRL and the government itself. One aspect remains-this is definitely the last leg of the long running irritating feud. The battle of the billionaires will have an impact on the two companies that the two directly represent in this case. This case is paramount to the future of memorandums between two companies, if they are legally binding or not. In the short to medium term here is the trade side for both RIL and RNRL.

India Heads Toward A Happy Diwali

Aditya Rao — Fri, 16 Oct 2009 08:43:56 -0700

Firstly, on behalf of theindiastreet.com I would like to wish all our readers a very happy and fun filled Diwali. We hope that the Festival of Lights and the Goddess of wealth help you to prosper and be a part of the growth that the Indian economy is witnessing.

A year ago at around the same time, I remember posting an article titled ‘A Dull Diwali Sets In’. Looking back at the Diwali of 2008, the constant theme of pessimism, the calamitous overtones of the world economy and the future of the Indian markets had seriously bummed out the millions of Indian investors. Some of the Traders on Dalal Street were not even in a half decent mood to light a firecracker during Diwali.

What a difference a year can make! The fireworks have exploded on the Sensex and the Nifty. The most hearty thing to see that the same people who were so depressed and unhappy last year are a lot more optimistic and smiling. Definitely Samvat 2066 looks a lot happier than Samvat 2065.

The Auditor Is In

Aditya Rao — Thu, 15 Oct 2009 09:55:54 -0700

After a private meeting with officials of the Finance Ministry yesterday, Anil Ambani the Chairman of the R-ADAG group walked calmly into his car flashing a silent grin at the peering eyes of the media. At first the conclusion reached was that this was a routine meeting regarding the gas dispute that he is fighting with his elder brother Mukesh in the Supreme Court. As we now know, this is false. Anil Ambani is now trying to put out a fire that has engulfed his telecom company Reliance Communications (RCOM). One factor has however remained the same; this latest issue promises to become yet another brother vs. brother fight.

Earn Upto 9.88% With The Tata Motors Fixed Deposit Scheme

Aditya Rao — Wed, 14 Oct 2009 01:34:49 -0700

If you’re unhappy with the general 6% rate of interest that your bank ,a private one or a public sector one is offering then this is an offer that you can seriously take a good look at. Not only does it offer a higher rate of interest, it’s also from a reputable institution.

The Tata Motors Fixed Deposit Scheme has been well known for quite some time with the financially educated for the past few months. If you too have heard of it and are a tad bit miffed that you might have missed the boat, relax! Because there is still time to invest in this scheme which compared to your local bank offers a much higher rate of interest.

A Cautious Optimism Mode

Aditya Rao — Wed, 07 Oct 2009 23:19:15 -0700

There’s a famous quote known as Merkin’s Maxim which states “When In Doubt, Predict That The Trend Will Continue”. India’s Market Indices definitely seem to be following this Maxim. During the past few trading sessions the Sensex has breached the 17,000 level and the Nifty has also broken Five Thousand. While they have fallen back into the sub 17k level and sub 5k level respectively. The two psychological levels have become real factors. There is however a lot of doubt floating around in the market, it seems to have become the most important psychological determinant of trade in this particular range and period.Movement in the present range has become a two way street.

Off With The Maharaja's Head

Aditya Rao — Wed, 30 Sep 2009 13:47:22 -0700

India’s aviation sector has become such a pathetic joke that frankly speaking it’s not even funny anymore. It’s just simply pitiful and reaching a knife edge of impatience. Earlier this month the pilots of Jet Airways went on strike leaving thousands stranded. During that time India’s Civil Aviation Minister Mr.Praful Patel took the moral high ground and spoke something to the effect which suggested that private Airlines mismanage their employee grievances worse when compared to the government run Air India.

As of Now the 5 day saga of the striking executive pilots of Air India is over. A liberal approach always seems the right thing when the fire is in someone else’s home but when your own house is burning down, what will you do Mr. Patel?