MAN Industries (India) Ltd informed the market today that ,the company being one of the leading Large Diameter Pipe manufacturing companies in the country, announced that it has secured orders worth Rs. 1200 crores
from various international and domestic customers including GAIL for its DBPL project. These orders are for supply of approx. 200000 Tons of Large Dia meter pipes in both LSAW as well as HSAW segments.

MAN Industries bags order worth 1200 crore is a post from: First Blog for Indian Financial Market

Karur Vyasa Bank in a meeting that was held yesterday they decided on Bonus and Rights Issue, they have set September 18th as the record date for the same.
Bonus:2:5

1. To issue Bonus shares in the ratio of 2:5 (i.e. Two bonus shares of Rs. 10 each will be
issued for every 5 equity shares of Rs. 10/- each held by the shareholders / beneficial
owners as on the record date.

Rights also 2:5

2. To issue Rights equity shares in the ratio of 2:5 (Two rights shares for every 5 shares
held by the shareholders and beneficial owners) as on the record date to be fixed at a later
date. The rights issue ratio is on the post bonus capital. The price per right share will be
Rs. 150/- (i.e. Face value Rs. 10/- with a premium of Rs. 140 per share

Karur Vyasa Bank Bonus and Rights Issue is a post from: First Blog for Indian Financial Market

COAL India IPO which is one of the next PSU thats going to hit the IPO market,The main reason for this post is the IPO has been given 5 out of 5 by Crisil .CIL has got 5 out of 5 (5/5), the best for any public sector and one of the best among all issues in last two years.The grade indicates that the fundamentals of the IPO are strong compared to the other listed securities in India. It may be noted that CIL will offer 63 crore shares through the IPO, which is 10% of its paid up equity.

COAL India IPO – Crisil Gives 5 out of 5 is a post from: First Blog for Indian Financial Market

Earlier there was a rumor that PSL limited bags order worth more than 1000 crore from Gail for that the company has informed that an order has been received from GAIL on August 26, 2010 for supply of steel pipes conforming to API X-70 amounting to USD 1,96,28,584.84. Corresponding order received for coating and dumpsite delivering of steel pipes amounting to Rs.28,39,21,382.50

PSL Limited bags order worth 28 Crore from GAIL is a post from: First Blog for Indian Financial Market

Parenteral Drug (India) Ltd informed the market on friday that the company in its meeting that was held has decided that they have declared bonus issue in the ratio of 1 (one) fully paid up Bonus Shares for
every 3 (three) fully paid up equity shares held by the members of the Company.

Parenteral Drug India Limited Bonus Issue is a post from: First Blog for Indian Financial Market

Department of Telecommunications (DoT) finally start5ed producin gresult to the 67000 crore revenue they got through selling 3g Spectrum , On wednesday The Department of Telecommunications (DoT) started allocating 3G spectrum to telecom operators, giving relief to all the seven companies that emerged successful in the intense bidding process that took place in May this year.
Some changes in Licensing .

> Operators were authorised to use the spectrum for 20 years from September 1, 2010, even if their telecom licences expired before that period.
> Each licensee will also have to pay the annual licence fee as share of adjusted gross revenue (AGR) from the services using 3G spectrum.
> In the case of two companies merging, only one slot of spectrum can be retained, according to the amended rules.
> The operators will also have to pay the upward revised spectrum usage charges ranging between 3 per cent and 8 per cent depending on the quantum of spectrum held by them.

3G Spectrum Allocated to Seven Telecom Company is a post from: First Blog for Indian Financial Market

Record date for Precision Wires India interim dividend announced on 10 September 2010
Record date for Bajaj Auto bonus issue announced on 10 September 2010 for bonus of 1:1

Record Date for Precision Wires India and Bajaj Auto is a post from: First Blog for Indian Financial Market

Bajaj Electrical Ltd has informed the market that it has secured new prestigious orders worth over Rs. 408 crores involving the construction of 312 KMs of 400 KV double-circuit transmission lines, Village Electrification (BPL), under RGGVY (Rajiv Gandhi Gramin Vidhyutikaran Yojna) and High mast & Street Lightening segments. So with this new order , the order book of the Company as reached past Rs. 1150 crores.

Bajaj Electricals bags order worth 408 crores is a post from: First Blog for Indian Financial Market

Auto Sales number for the month of August 2010 has come out today and all the company have hit the all time new high yet another time previous month .
Maruti Suzuki

Maruti Suzuki India rose 1.29% as total vehicle sales grew 23.6% to 1.04 lakh in August 2010 over August 2009. This is the highest ever monthly sales recorded by the company.

TVS Motor Company

TVS Motor Company rose 2.78% as total vehicle sales in August rose 34% to 170,735 units in August 2010 over August 2009. Total two wheeler sales grew 32% in August with sales of 1.67 lakh units in August 2010 over August 2009. Three-wheeler sales surged to 3,626 units, from 1,033 units in August 2009.

Bajaj Auto

Bajaj Auto is likely to announce its numbers tomorrow but sources say that the company is likely to post bike sales of 2.9 lakh units in August, again, the highest ever monthly sales. The sale of Pulsar is learnt to be at 83000 units for August while Discover sales are at 1.27 lakh units.

Hero Honda

Hero Honda reported a rise of 2.3% in its sales at 4.24 lakh units in August 2010 over August 2009.

Auto Sales hit all time high for August 2010 is a post from: First Blog for Indian Financial Market

Record date for Kalpataru Power Transmission stock split announced, the date is on 09 September 2010 .( face value of Rs. 10 each to face value of Rs. 2 each.)
Record date for Dabur India bonus issue announced , the date is on 10 September 2010 . (1:1 Bonus)
Record date for TVS Motor Company bonus issue announced , the date is on 09 September 2010 . (1:1 Bonus)
Record date for Astral Poly Technik stock split announced , the date is on 16 September 2010. ( face value of Rs. 10 each to face value of Rs. 5 each)
Record date for Mundra Port and Special Economic Zone stock split announced , the date is on 24th September.( face value of Rs. 10 each into 5 equity shares of face value of Rs. 2 each.)

Record date for stocks that was announced on August 31 2010 is a post from: First Blog for Indian Financial Market

GDP groth rate data came out today and the First quarter GDP growth rate for a year 2010-11 has come at 8.8% compared with 8.6% last quarter.This is really high compared to the growth rate of 6% in the first quarter 2009-10.
Sector Wise Growth

Agriculture sector has recorded a growth of 2.8% compared to 0.7% (QoQ),
Manufacturing grew by 12.4% compared to 16.3% (QoQ)
while mining sector growth was at 8.9% versus 14% (QoQ) and
Construction sector growth was at 7.5% compared to 8.7% (QoQ).

GDP Growth is at 8.8 Per Cent for First QTR 2010-2011 is a post from: First Blog for Indian Financial Market

Larsen and Toubro informed the market today that the company has bagged two projects worth Rs 1195 crore from ONGC, the order is to set up Additional Processing Units at its Gas Processing complexes at Hazira and Uran.Second project is for Additional Processing Units (APU) project at Uran complex shall enhance the Gas Processing capacity at the Uran complex by 5 MMSCMD.

Stock Price Movements

Day’s High / Low1,887.00 / 1,848.00
Previous Close / Open 1,869.00 / 1,870.00
Wtd. Avg Price 1,872.50
Total Traded Value (Cr.) 35.79
TTQ / 2W Avg Q (Lakh) 1.91 / 1.53
Circuit Limits NA
Mkt. Cap. Full / Free Float (Cr.)1,12,967 / 1,01,670

Larsen and Toubro bags order worth Rs 1195 Crore is a post from: First Blog for Indian Financial Market

ARSS Infrastructure Projects Ltd has informed BSE that the Company has received a new work order from Office of the Chief Engineer, National Highways, Orissa on August 20, 2010 for Rs. 103.65 Crores.

Day’s High / Low 1,343.25 / 1,304.10
Previous Close / Open 1,302.60 / 1,304.10
Wtd. Avg Price 1,331.24
Circuit Limits 1,563.10 / 1,042.10
Mkt. Cap. Full / Free Float (Cr.) 1,975 / 395

ARSS Infrastructure Projects bags order worth 103.65 Crores is a post from: First Blog for Indian Financial Market

Bseindia like any other global stock exchange website started seeing revenues through Google ads , it was just today when i opened the website i saw google ads in the website , first i thought I opened a different website.

Bombay stock exchange is one of the oldest Asian Stock exchange.We already know that almost 1 million people visit the website every other day and almost million pages are viewed, Its the Indian population that is turning out to be business here.Google has come into collaboration with BSE website for now the ads could be of financial products when quotes are searched for banking stocks and of mobile phones for telecom stock pages.

The exchange sold a 4 per cent stake on Friday to billionaire investor George Soros for about USD 35 million (over Rs 160 crore).Currently, foreign investors hold a 30 per cent stake in BSE, lower than the permissible limit of 49 per cent.

Bombay Stock Exchange Puts Google Ads for Revenue – BSEIndia shows Google ads is a post from: First Blog for Indian Financial Market

IFCI Tax Exemption Long Term Infrastructure Bonds
Issuer IFCI Limited
Offering 1,00,000 Unsecured, Redeemable, Non-Convertible, Taxable Bonds of Rs. 5,000/- each aggregating to Rs. 50 Crore with a green-shoe option to retain over-subscription for issuance of additional Infrastructure Bonds
Type Private Placement basis
Instrument Unsecured, Redeemable, Non-Convertible, Taxable Bonds having benefits under section 80 CCF of the Income Tax, 1961 for long term Infrastructure Bonds
Rating BWR AA- by BRICKWORK RATINGS INDIA PVT LIMITED
Eligible Investors Resident Indian Individual (Major) and HUF through Karta of the HUF
Security Unsecured
Face Value Rs. 5,000/- per bond
Issue Price At par (Rs. 5,000/- per bond)
Minimum Subscription 1 Bond and in multiples of 1 Bond thereafter,
Tenure 10 years, with or without buyback option after five years
Options for Subscription
The Bonds are proposed to provide the following options-
• Option I – Non-cumulative and Buyback after 5 years
• Option II – Cumulative and Buyback after 5 years
• Option III – Non-cumulative and no Buyback
• Option IV – Cumulative and no Buyback
Redemption / Maturity
At par at the end of 10th year from the deemed date of allotment. For Cumulative Option, at par with cumulated interest thereon.
Coupon rate
• Option I & II- 7.85% p.a.
• Option III & IV – 7.95% p.a.
In case of cumulative bonds, interest shall be compounded annually
Listing Proposed to be listed on BSE
Trustee Axis Trustee Services Limited
Depository National Securities Depository Ltd. and Central Depository Services (India) Ltd.
Registrars Beetal Financial & Computer Services (P) Ltd.
Mode of Payment
Interest payment will be made through ECS/At Par Cheques/Demand Drafts
Issuance Demat form only
Trading Demat mode only
Issue Open Date August 9, 2010
Issue Close Date August 31, 2010
• The issuer would have an option to pre-close the issue by giving 1 day notice to the Arrangers
Deemed Date of Allotment September 15, 2010
Application form can be downloaded here.

IFCI Infrastructure Bonds – IFCI Tax Exemption Long Term Infrastructure Bonds is a post from: First Blog for Indian Financial Market

SHRIRAM TRANSPORT FINANCE which opened at 732 or so on Friday and had a low of 725 or was hovering at that rate until 2.00 or so in the noon and there was a sudden spurt in volume and the stock closed at 769.20 up by almost 4.99 percent or 36.55 Rs.

The only news that came out is that “Shriram Transport Finance, small and medium commercial vehicles financer, is increasing fixed interest-rate loans and reducing the exposure to floating-rate loans as it sees interest rates moving up.”

Shriram Transport Finance soars by 4.99 Percent is a post from: First Blog for Indian Financial Market

Naan mahaan alla starts with a crime scene and slowly then story revolves around Karthi and kajal with mix of romance and karthis nakkal jokes.
The story from starting has the crime revolving around the whole movie until interval.songs are all repeat from other yuvans movie.crime sequences all look same as anjathe style so have to appreciate that.Basically the movie is slow romance and jovial and no story until half time.
Finally the second half started as expected Karthis fimaily get involves into the web of the chennai crime and they are affected now the whole second half goes how karthi takes revenge of the same , no twist no nothing and no kajal after second half , Paiyaa was car chase and this was bike and foot chase , sorry guys Studio green and Cloud nine has let down the screen play and story , the students who are villians and also the reason for the crimes in the movie are like heroes of the movie .Nothing else to say much about the movie , oh ya there was huge applause and Claps for Ajits movie Mangatha in the interval.

Naan Mahan Alla Review is a post from: First Blog for Indian Financial Market

Inflation came down little bit for the week ending august 7th 2010 but it was still hovering in the double digit region.From 11.40 % in the last week of July, food inflation remained in double digits at 10.35 % for the week ended August 7, The main reason is Vegetables like onion and potato was down , but that down was offset by increase in prices of cereals.It was in single digit at around 9.57 during the month of july .

Inflation down but still Double digit is a post from: First Blog for Indian Financial Market

Naan mahaan alla starts with a crime scene and slowly then story revolves around Karthi and kajal with mix of romance and karthis nakkal jokes.
The story from starting has the crime revolving around the whole movie until interval.songs are all repeat from other yuvans movie.crime sequences all look same as anjathe style so have to appreciate that.Basically the movie is slow romance and jovial and no story until half time.
Finally the second half started as expected Karthis fimaily get involves into the web of the chennai crime and they are affected now the whole second half goes how karthi takes revenge of the same , no twist no nothing and no kajal after second half , Paiyaa was car chase and this was bike and foot chase , sorry guys Studio green and Cloud nine has let down the screen play and story , the students who are villians and also the reason for the crimes in the movie are like heroes of the movie .Nothing else to say much about the movie , oh ya there was huge applause and Claps for Ajits movie Mangatha in the interval.

Naan Mahaan Alla which will be releasing on August 2010 . Dont confuse this with the old film this story has nothing to do with the old one . Karthik Sivakumar who is also called as karthi will be the main hero in this movie . Paruthiveeran, Aayirathil Oruvan and Paiya, was the first three film acted by karthi , we cant say all three was hat trick but we can say that the last two was not a Flop but earned something . Acting wise Karthi would have done a very good job in all the three movies.

The film is produced by K. E. Gnyanavel Raja of Studio Green Productions and is directed by Susindran.The film is being distributed by none other than the Cloud Nine Mr . Dayanihdhi Alagiri , The last movie of Karthi paiyaa was also release by them . The film’s music is already a big hit at audio stores and it has gradually raised everyone’s expectations.

The movie Teasers have been going on in all channels where you can see fully fights , but what was heard is that the fight happens only in the second part and not like the Paiyya movie and the story line revolves around a happy-go-lucky chap Jeeva (played by Karthi), who has a picture perfect life with caring parents, affectionate sister and supporting friends to boast about. His life is brimmed with intense joy as a girl (Kajal Aggarwal) enters his life and the second half how chennai crime turns everything upside down for jeeva .

By now we can predict the story of the mpovie but again we have to see how they have scripted directed it , we will have some good expectation from the Vennila Kabadi Kuzhu director Susindran.Wait and see fore more updates Friday .

Cast

Kajal Agarwal
Karthik Sivakumar
Krishna Priya
Ravi Prakash
Neelima Rani
Jayaprakash
Singampuli
Das
Lakshmi Ramakrishnan
Vairavan
Soori

Naan Mahaan Alla Movie Review is a post from: First Blog for Indian Financial Market

Market regulator SEBI informed the market today that it has proposed to double the investment limit for retail investors to Rs. 2 lakh in public issues, a move that will enable individuals to aggressively participate in primary issues of companies.The Securities and Exchange Board of India (SEBI) said in a draft regulation on which it invited comments from stakeholders by September 3.

SEBI proposing to double the Investment limit in IPO to Re. 2 Lakh is a post from: First Blog for Indian Financial Market

Blackstone which is US based private equity firm has informed that it has plans to invest almost USD 300 Million $ in Moser Baer Projects and which would pick up a ‘significant minority stake’ in the company,” said Akhil Gupta Chairman and Managing Director of Blackstone Advisors India Private Ltd .This would be part of Blackstone Group’s investment in the power sector after it picked up over 12 per cent stake in Monnet Power, a subsidiary of Monnet Ispat and Energy, for about USD 59 million.This investment interest of 1350 crore Rs in one of the Moser baer firm showed reflections in the Moser Baer stocks.
Moser Baer Projects plans to commission 5,000 MW of projects by 2016 comprising 4,000 MW of thermal, 500 MW of solar and 500 MW of hydro capacity.This funding would help in kick starting the business.

Day’s High / Low 69.15 / 62.75
Previous Close / Open 62.30 / 62.85
Wtd. Avg Price 66.79
Total Traded Value (Cr.) 14.23
TTQ / 2W Avg Q (Lakh) 21.32 / 4.29

Blackstone to Pick majority of Stake in on of the Moser Baer Firm – Moser Baer Projects is a post from: First Blog for Indian Financial Market

Steel Strips & Wheels Ltd has informed the market that the company that it has bagged an export business for nearly 5,000 Wheels from two different company’s in Germany & UK. One of these company is a leading tyre & wheel assembler catering to the OE trailer market in Europe. The order is worth to the tune of Rs 3 million.

Steel Strips & Wheels bags order worth 30 lakh Rupee is a post from: First Blog for Indian Financial Market

Bajaj Corp closed on the first day at 758.25 on the listing day m the IPO price was set at 630-660 and the price was set at the upper band of 660 , the IPO was subscribed 19.29 times. The issue gave bids for 7.11 crore shares.The stock debuted at Rs 730,which is almost a 10.61 percent premium over the initial public offer (IPO) price and closed even more at 11 Percent premium.The stock hit a intraday high of Rs 812 and low of Rs 730. On BSE,38 lakh shares were traded on the counter today.

Bajaj Corp closed at 758.25 Rs on the Listing Day is a post from: First Blog for Indian Financial Market

TECHNOFAB ENGINEERING LIMITED has informed the market yesterday that the Company has received fresh orders of Rs. 166 Crs. during the quarter.Accordingly, the order book position of the Company as on 30th June stands at Rs. 680 Crs.

TECHNOFAB ENGINEERING bags order wortj 166 crores is a post from: First Blog for Indian Financial Market

Atlanta Limited informed the market that the company has received Order worth Rs. 153.91 Crores, the order is from offices of the Executive Engineer, Parlakhemundi (R&B) Division, Parlakhemundi , the order if for Widening to 2 lane and improvement in km 0/0 to 102/9 km of Parlakhemundi-R, Udayagiri-Mohana Road (SH-34) under LWE Scheme.

Atlanta Limited Receives order worth rs 153.91 crore is a post from: First Blog for Indian Financial Market

S.R.Industries Ltd. informed the market that in the meeting thats going to be held on August 21st 2010 , they will discuss on Increase in Authorised Capital and for the same they will consider consider and increase the Authorized Share Capital and amendment of relevant clauses of Memorandum and Article of Association.For which they will consider rights issue.

S.R.Industries Rights Issue is a post from: First Blog for Indian Financial Market

Patni Computer Systems which is a Mumbai- based company informed the market previous week that it will pay 63 rupees per share to investors,this is according to a statement to the Bombay Stock Exchange.They have almost 130.3 million shares outstanding,So now the company will pay out about 8.2 billion rupees ($176 million). Patni Computer reported net income rose 18.1 percent to 5.56 billion rupees in the 12 months ended Dec. 31.So wityh that all said the record date for the same is August 31st 2010.

Patni Computer Systems Ltd has informed BSE that August 31, 2010 has been fixed as the Record Date for the purpose of payment of a special interim dividend of Rs. 63/- per equity share of Rs. 2/- each (Rupees Sixty Three Only per Equity Share).

Patni Computer Systems to pay 63 Rs as Special Dividend is a post from: First Blog for Indian Financial Market