New Secretariat Building Chennai is going to be inaugurated today , the first thing that will come to mind in all chennites mind is traffic diversion , traffic and normal police have already started to bombard the whole city of chennai , I went by the side of the secretariat and the work was still going on previous week or so and they have the inaguration today , i heard they have sepnt almost 2 crore or so as set to complete the building as it was not fully completed .
Old Secretariat

New Secretariat

Traffic Diversion

The suburban police have announced few traffic regulations ahead of Prime Minister Manmohan Singh’s visit to the city on Saturday.All heavy vehicles coming from southern districts and passing through GST Road and proceeding towards Koyambedu should take the Irumbliyur bridge and Tambaram by-pass road.
Heavy vehicles and private buses from Tambaram should go to the Tambaram-Mudichur junction and proceed to Velachery Main Road.Heavy vehicles from Bangalore highway proceeding to Koyambedu should go via Maduravoyal Saveetha Dental College junction. Vehicles from Poonamallee Road should go via Kumamanchavadi-Mount junction and Maduravoyal bypass road.
The route to be taken by the Prime Minister’s convoy to and from the Secretariat will be closed. Motorists have been asked to start early to avoid inconvenience.

New Secretariat Building Chennai – To be Inaugurated Today is a post from: First Blog for Indian Financial Market

IDFC Fixed Maturity Plan – Quarterly Series 55 is a post from: First Blog for Indian Financial Market

Hindustan Construction Company Ltd has informed the market that the company has bagged orders as part of the consortium between HCC-CPPL- JV i.e. Hindustan Construction Co. Ltd (HCC) and Coastal Projects Pvt. Ltd (CPP) , the award has been bagged from North Frontier Railway, Maligaon, Guwahati for for Design and Construction of Single Tunnel No.1 (App. Total Length 3250 RM) at km 15.880 to km 19.500 in between Dholakal and Kalmal in connection with construction of New Railway Line Project – Jinbam – Tupul (Imphal) from North Frontier Railway, Maligaon, Guwahati.
Order value of the contract is 197.06 Crore.Total order value of 60 percent in it which is 118.24 will go to HCC,The project execution time is 24 months.

Hindustan Construction bags order worth 118.24 crore is a post from: First Blog for Indian Financial Market

Get front row seats for all DLF Indian Premier League matches in 2010 as the cricket stadium will now be virtual! Adding a unique social media edge to the upcoming DLF IPL 2010 season, Google India today announced an agreement with the Indian Premier League and its licensing partner Global Cricket Ventures that will enable it to stream all the action from latest season on a dedicated IPL channel on YouTube at www.youtube.com/ipl with a five minute delay in India. YouTube™ is the world’s largest entertainment platform where people enjoy the biggest selection of videos and collaborate to create a unique viewing experience and brands get access to a highly engaged audience.
http://www.youtube.com/ipl

Under the terms of this agreement, Google will have exclusive online rights for IPL content for two years and both Google and IPL will jointly share revenues from sponsorships and advertising on www.youtube.com/ipl and on www.iplt20.com (the official website of the IPL).
Think Youtube is not able to handle the total hits that its getting from the billion people , lesson to learn Google .
If there is no video visible in this place then you can go to these links, all the links are working and they are kind of showing live relay no 5 minutes delay , not sure how that is possible.
Try these links now.

>Live stream 1
>Live stream 2
>Live stream 3


>Live stream 4

Watch IPL 2010 Live on Youtube for FREE is a post from: First Blog for Indian Financial Market

IIP data has come out today and surprisinglly the Industrial production is up by a massive 16.7 % in jan 2010 compared to aropund just 1 % in Jan 2009.
>Manufacturing is the main factor for the growth it has come up by 17.9 per cent during Jan 2010 compared to just 1 % in Jan 2009
Manufacturing ,

>Capital goods is up by 56.2 % against 15.9 %.
>Consumer durables segment zoomed 31.6 per cent against 2.1 per cent.

Industrial production grew by 16.7 % is a post from: First Blog for Indian Financial Market

HDFC FMP 14M March 2010 is a post from: First Blog for Indian Financial Market

Indo Asian Finance Ltd has informed the market that the company has set March 19th 2010 as the record date for the purpose of determining who will be eligible to receive the Bonus share ,The proposed bopnus share is in the ratio of 2:1 (i.e. two bonus shares for every equity share).

Indo Asian Finance Bonus Issue- Record Date Announced is a post from: First Blog for Indian Financial Market

K M Sugar Mills Ltd has informed BSE that the Board of Directors of the Company has fixed a Record Date of March 29, 2010 for the purpose of sub-division / stock split of Rs. 10/- per share of the Company into Five equity shares of Rs. 2 each.

K M Sugar Mills Stock Split – Record Date Announced is a post from: First Blog for Indian Financial Market

Suprajit Engineering Ltd has informed the market that the company has fixed March 20, 2010 as the “Record Date” for the purpose of both Stock Split which is for existing equity shares of Rs. 5/- each into 5 equity shares of Re. 1/ each and also for the Bonus Shares in the ratio of 1:1.

Suprajit Engineering Bonus Issue and Stock Split – Record Date Set is a post from: First Blog for Indian Financial Market

Videocon Industries Ltd has informed the market that it has fixed record date for the proposed rights issue and and Dividend payment , the Record date is March 22nd 2010 to March 30th 2010 , the book will be closed between these days for for the purpose of Rights Issue, Payment of Dividend & Annual General Meeting (AGM) .

Videocon Industries Rights Issue – Record Date set is a post from: First Blog for Indian Financial Market

McNally Bharat Engineering Company Ltd has informed the market that the company has secured order for Designing, Engineering, Supply of Equipment, Civil Work, Structural Work,
Erection & Commissioning of flood lighting along Indo- Bangladesh Border in the State of Tripura , this is as part of National Projects Construction Corporation Ltd. The Value of the contract is 24.38 crore , and the Execution time is 11 months.

McNally Bharat Engineering secures order worth 24.38 crore is a post from: First Blog for Indian Financial Market

Food Inflation data has come out and its seems to have come down very marginally to 17.81`percent ,The food inflation for the week ended February 27 has come down marginally by 0.06 basis points to 17.81.But, when we come to the essential commodities has gone up by 0.4 per cent and also inflatiopn relating to Petrol and Diesel would have also gone up.

Food Inflation at 17.81 is a post from: First Blog for Indian Financial Market

GEI Industrial Systems Ltd has informed the market that it has bagged three orders worth Rs 54.46 crores for supply of air cooled heat exchangers for upstream and downstream projects in the oil and gas sector for IOC, MRPL, and ONGC.
Order Info

The order for the supply of air cooled heat exchangers for the fluid catalytic cracker unit of the Refinery Complex of Paradip Refinery Project has been awarded by the Owner Indian Oil Corporation. Toyo Engineering India is the EPC contractor for this project. Toyo has also awarded air cooled heat exchangers for the crude distillation unit/vacuum distillation unit and balance of plant of Delayed Coker unit of Mangalore Refinery Petrochemicals. The ONGC order has been awarded by Larsen & Toubro for supply of process gas and lube oil coolers for the MHN offshore platform of ONGC.

GEI Industrial Systems bags order worth 54.46 crore is a post from: First Blog for Indian Financial Market

Supreme Infrastructure has bagged 2 contracts worth Rs. 405.44 crore.Both the contract has been bagged under construction and power transmission related work ,The 1st contract comes from Punjab Infrastructure Development Board for four-lane road and would and the order is worth Rs. 328.16 crore.The 2nd contract is from the Maharashtra State Electricity Distribution for making transmission line and the order is worth Rs. 77.28 crore.

Supreme Infrastructure bags order worth 405 crores is a post from: First Blog for Indian Financial Market

Kirloskar Pneumatic Company Ltd has informed the market that the Company has received an order for supply of Refrigeration Compressor Package, from Jindal Steel & Power Ltd, Orissa. the ordrr is worth Rs. 118 Crores gross, taking the total order board for ACH & Process Gas Division to the tune of Rs. 460 crores in hand.The order is for designing , supplying and supervision of commissioning of package for refrigeration at the Angul unit of Jindal Steel & Power Ltd, Orissa. The order has to be executed in 15 months.

Kirloskar Pneumatic wins order worth 118 crores is a post from: First Blog for Indian Financial Market

Manappuram General Finance & Leasing Ltd has informed the market that the company has planned to decide on the Bonus Issue and Stock Split on March 18, 2010.The stock dint have any reaction to the news.

Manappuram General Finance & Leasing Bonus and Stock Split is a post from: First Blog for Indian Financial Market

DQ Entertainment (International) which had its ipo closing yestreday has beaten the record of oversubscription of Man infra IPO ,DQ Entertainment Ltd IPO finally was subscribed by 86.3279 times.The IPO was open from Mar 08, 2010 and closed yesterday on Mar 10, 2010 .

Total Issue Size 13217151
Total Bids Received 1141008880
Total Bids Received at Cut-off Price 84464240
No. of times issue is subscribed 86.33

Subscription by Category

>Qualified Institutional Buyers (QIBs) 6605340 619980320 93.8605
>Non Institutional Investors 1572700 429159680 272.8808
>Retail Individual Investors (RIIs) 4718100 91752160 19.4468
>Employee Reservation 321011 116720 0.3636

DQ Entertainment IPO Allotment can be seen here .

DQ Entertainment IPO Allotment is Sure Lottery – Subscribed by more than 86 times is a post from: First Blog for Indian Financial Market

Man Infraconstruction Ltd IPO Listing today(Thursday, March 11, 2010) on the bourses ,Its listing on B Group in BSE
with

BSE Script Code: 533169 and
NSE Symbol: MANINFRA
ISIN: INE949H01015
Issue Price was Rs. 252.00 and
Face Value was Rs. 10.00 Per .

Man Infraconstruction IPO listing today March 11th 2010 is a post from: First Blog for Indian Financial Market

Birla Sun Life Fixed Term Plan – Series CC is a post from: First Blog for Indian Financial Market

Kotak FMP 18M Series 4 is a post from: First Blog for Indian Financial Market

Axis Fixed Term Plan – Series 2(371days) is a post from: First Blog for Indian Financial Market

ABB Ltd (BOM:500002) has informed the market that it has won order worth 99 crores or 22 million dollars from Haryana state power utility for providing four turnkey substations for the regional grid. The latest orders from Haryana Vidyut Prasaran Nigam to provide four turnkey substations for the regional grid. The order is estimated to be worth USD 22 million and is to be executed by end of 2011.

ABB Ltd wins order worth 99 crores is a post from: First Blog for Indian Financial Market

IVRCL Infrastructures & Projects Ltd has informed the market that it has set March 19th 2010 as the record date for the allotment of bonus shares in the ratio of 1:1 approved by the shareholders at the Extraordinary General Meeting of the members of the Company held on March 08, 2010.

IVRCL Infrastructures Bonus Issue – Record Date Announced is a post from: First Blog for Indian Financial Market

Well Pack Papers & Containers Ltd has informed the market that it has fixed March 17th 2010 as the record date for both Subdivision of the equity shares of the Company from Rs. 10/- each into Rs. 1/- per equity share and also for the Issue of Bonus Equity Shares in the proportion of 3:4.

Well Pack Papers & Container Bonus and Stock split – Record Date Announced is a post from: First Blog for Indian Financial Market

ICICI Prudential Fixed Maturity Plan–Series 51–14 Months Plan D is a post from: First Blog for Indian Financial Market

HT Media has informed the market that the subsidiary of the company “Hindustan Media Ventures Ltd” has filed a Draft Red Herring Prospectus dated March 05, 2010 with SEBI,They have filed saying that they want to go for IPO of equity shares of Rs 10 each for cash at a price including share premium, aggregating up to Rs 300 crore.

Hindustan Media Ventures IPO – Files for DRHP with sebi is a post from: First Blog for Indian Financial Market

Man Industries (India) Ltd has informed the market today that it has bagged order worth 950 crore from kuwait and the order is for supply of 1,70,000 tonnes of large diameter pipes.The total order book including this order stays at 2000 crores.

Man Industries bags order worth 950 Crore is a post from: First Blog for Indian Financial Market

Nagarjuna Construction Company has informed the market that it has secured orders worth 1221 crores ,Out of that 2 orders are valued at Rs 647 crore was secured from the Hyderabad Growth Corridor, Hyderabad for construction of access controlled expressway as outer ring road to Hyderabad City to be completed in 30 months.
> 3 orders valued at 358 crore was secured from the Chief Engineer, Maharashtra State electricity Distribution, Mumbai for turnkey contract for various turnkey electrical works , it has to be executed in 30 months.
>One order was secured from NTPC for 99 crore , the order is for construction of CW system and make up water system at Bihar valued , The execution time is again 30 months.
>One order for 63 crore from Indian Oil Corporation for construction of Unit Substation Buildings at Paradip, Orissa , The execution time for the project is 12 months.
>One more order worth around 54 crore was secured from the Director, National Institute of Technology, Tripura for construction of housing guest house, directors residence etc. at Agartala , The execution time for the project is 21 months.

Nagaurjuna Construction secures order worth 1221 crore is a post from: First Blog for Indian Financial Market

L&T Fixed Maturity Plan – Series 12 – Plan15M – March10 – I is a post from: First Blog for Indian Financial Market

Kotak FMP 13M Series 6 is a post from: First Blog for Indian Financial Market

IDFC Fixed Maturity Plan – Fourteen months Series 1 is a post from: First Blog for Indian Financial Market

ICICI Prudential Fixed Maturity Plan-Series 51-3 Years Plan F is a post from: First Blog for Indian Financial Market

Mutual Fund Dividend that saw Record Date during Feb 20th 2010 and March 5th 2010

Mutual Fund Dividend From Feb 20th 2010 to March 5th 2010 is a post from: First Blog for Indian Financial Market

Punj Lloyd has informed the market that one of the subsidiary of CESC Ltd which is Dhariwal Infrastructure Ltd.,has issued LOI to Punj Lloyd Ltd. , The order if for an EPC project for a value of Rs. 1023 crores in connection with its 2×300 MW Thermal Power Project undertaken at Tadali village, near Chandrapur in the State of Maharashtra.

Punj Lloyd receives order from CESC for 1023 Crore is a post from: First Blog for Indian Financial Market

Dividend , Bonus , Rights, Stock split and the Record Dates fro the same between March 1 2010 to March 12 2010

Corporate Action From March 1 2010 to March 12 2010 is a post from: First Blog for Indian Financial Market

Chembond Chemicals Ltd has informed BSE that March 11, 2010 has been fixed as the Record Date for the purpose of Issue of Bonus Shares in the ratio of 1:1

Chembond Chemicals Bonus Issue – Record Date Announced is a post from: First Blog for Indian Financial Market

KNR Constructions Ltd has informed the market that the company’s 50:25:25 joint venture with JKM Infra Projects Pvt. Ltd. and Kamala Constructions has been awarded by Government of Bihar, Water Resources Department an order worth Rs 225.27 Crores , the order is for Canal System & Buildings under E.R.M. (Extension, Renovation & Modernisation) of Eastern Kosi Canal System in the State of Bihar.

KNR Constructions bags order worth 225.27 crore is a post from: First Blog for Indian Financial Market

Maruti Suzuki

Maruti Suzuki February auto sales number is at 96650 units Vs 79190 units every month its kind of hitting the highest number of auto sold,This includes 11,885 units of exports.The company sold 84,765 units in the domestic market, This is also the highest ever domestic sales made in a month.

Bajaj Auto

February bike sales stood up 80% (YoY) at 2.35 lakh units and total sales stood up 75% to 2,70,000 units.Bajaj Auto saw 100% Motorcycle sales growth as against industry growth of 35%. Pulsar sales stood at 65,000 units in February, Discover sales stood at 90,000 units, Platina sales stood at 45,000 units and Boxer sales stood at 35,000 units.Bajaj Auto two wheeler sales stood at 2,34710 units in February 2010, up 80%.

M&M

M&M total sales stood at 27,894 units Vs 19,994 units. Auto exports stood at 1314 units Vs 300 units. Tractor sales stood at 13,920 units Vs 9,123 units. Tractor exports stood at 780 units Vs 244 units.

Hero Honda

Hero Honda February total sales stood at 3.82 lakh units Vs 3.29 lakh units (YoY).

Tata Motors

Tata Motor’s domestic sales increased 56% at 66,190 vehicles compared to 42,493 sold in February 2009, while exports came in at 3,237 vehicles, up 146%. Its commercial vehicles segment recorded highest ever sales clocked by the company, which grew 67% at 39,205 units versus 23,493 units sold in February 2009. LCV sales too were up 49% at 21,764 units—highest ever for the company. Medium and heavy commercial vehicle sales stood at 17,441 units, a growth of 98% over February last year.The passenger vehicles business reported a total sale and distribution offtake of 29,241 units (26,985 Tata + 2,256 Fiat) in the domestic market in February 2010, the highest ever and a 43.7% increase compared to 20,348 units (19,039 Tata + 1,309 Fiat) in February last year.

Hyundai Motor

Hyundai Motor India recorded a 46.1% push in its sales, which stood at 31,001 units in February 2010.

February 2010 Auto Sales Number is a post from: First Blog for Indian Financial Market

HDFC FMP 13M March 2010 is a post from: First Blog for Indian Financial Market

ARSS Infrastructure Projects list at 640 or so and goes to a high of 711 and now trading at 670 or so. Final issue price was fixed at 450/- per share.The IPO was oversubscribed by 47.62 times and almost 18.5487 times on the retail side.

On the financial side Sunil Agarwal, President & CEO of ARSS Infrastructure Projects said that FY10 sales would be almost at Rs 1050 crore and profit would be anywhere at 100 crore. FY10 EPS is seen at Rs 70 and FY11 EPS is seen at Rs 100, The current order book is at Rs 3500 crore,Which is said to be executed between 18-24 months.

ARSS Infrastructure Projects Listed today with 50 Percent Premium is a post from: First Blog for Indian Financial Market

Birla Sun Life Fixed Term Plan – Series CA is a post from: First Blog for Indian Financial Market

Era Infra Engineering Ltd has informed the market that it has bagged four orders
worth 508.89 crore.
Order Info

>”Main Plant, CW, Make-up, Offsite Civil Works Chimney & Chimney Elevator”
Package for Nabinagar Thermal Power Project (4×250 MW) at Nabinagar, District
Aurangabad, Bihar by Bharatiya Rail Bijlee Company Ltd. (BRBCL) (A subsidiary of NTPC Ltd.)
valued at Rs. 369.70 crores.
>”Cast in Situ RCC Bored Piling in SMS III complex (Pkg No. 033A1) at BSP, Bhilai”
valued at Rs. 59.48 Crores (approx) from Steel Authority of India Ltd., Bhilai.
>Construction of 10 Buildings under OBC reservation Package -II CPWD- BHU, Varanasi
valued at 51.14 Crores (approx).
>Contract from Rural Electrification Authority, Lusaka Zambia, in association with Chamb
Investment Ltd, for the supply, delivery, installation and commissioning of Electicity Grid
Extension and Transformers in selected Areas of Zambia valued at Rs. 28.56 Crores (approx).

Era Infra Engineering bags order worth 508.89 crore is a post from: First Blog for Indian Financial Market

Welspun Gujarath informed the market that it has bagged orders worth Rs. 600 crore for pipes and plates from its prestigious global clients.These orders include orders of specialized plates received from large wind mill manufacturers thereby reinforcing Welspuns premium positioning in plate manufacturing.So with this order the toal order book is around Rs. 7,200 crore .

Welspun Gujarath bags order worth 600 crores is a post from: First Blog for Indian Financial Market

BGR Energy Systems Ltd has informed the market that Air Fin Cooler Division has secured Four Orders aggregating to 62.20 crores.
Order Info

BGR Energy Systems bags 4 orders worth 62.20 Crores is a post from: First Blog for Indian Financial Market

Steel Strips Wheels Ltd has informed the marke that the company has secured sales of 7,03,732 Wheel Rims during the month of February, 2010 wghich is 47.5 percent increase over the month of February, 2009 .The Company has achieved the highest ever Export sales of 56324 wheel rims during the month of February, 2010.

Steel Strips Wheels has reached 7,03,732 Wheel Rims is a post from: First Blog for Indian Financial Market

No more confusions of if you need Import Export Code , You don’t need that any more if you are not doing that business , No Paypal has decided to introduce a new field called Purpose Code which is something they have asked us to give info of when we ask for the bank withdrawal request.
So starting on 3rd March you can request a new withdrawal to your local bank account, and you will need to select the Purpose Code relevant to your business.

Q. I run a charity, and I am based in India. I don’t see the purpose code for donations and charities

A. PayPal can currently be used only as a gateway for payments of goods and services into India. We cannot process payments for charitable donations at this time.

Q. My account says I am not allowed to withdraw. I see my balances are restored but I am unable to provide a withdrawal instruction

A: We may have suspended withdrawals from your account as we work to incorporate changes in the withdrawal process. We will be requiring additional verification regarding the nature of the transactions you are performing.

Q. I used to use PayPal for Personal Inward Remittance to India. Now, my balances are stuck in PayPal

A. We are no longer able to complete these withdrawals to your bank account in India. You do have the option to complete your withdrawals by check. If you have any questions, we urge you to contact PayPal customer support by logging into your PayPal account and clicking on ‘contact us’ at the bottom of the page.

Bank Withdrawal Info for Normal Customers using Paypal is a post from: First Blog for Indian Financial Market

DSP BlackRock FMP – 13M – Series 2 is a post from: First Blog for Indian Financial Market

IDFC Hybrid Portfolio Fund – Series I is a post from: First Blog for Indian Financial Market

Kotak FMP 24M Series 1 is a post from: First Blog for Indian Financial Market

As you saw my previous post about Paypal asking for Exporter code if you want to use Paypal for transaction or remittance of money in india.Was about to research how to get the Exporter Code and kind of psot the same here, my friend Amit from Labnol has already done it and rather than me doing it i will give some info from there.
The Importer Exporter Code, or IEC in short, is normally required by manufacturers and companies for international trade but with this new RBI ruling, the hundreds and thousands of freelancers, programmers, web designers and small companies who depend on PayPal for foreign payment will also have to apply for an IE code.
>Application to get IEC code can be downloaded from here.
>Director General of Foreign Trade Website : http://dgft.gov.in/

Source:Info was sourced from this site

How to get Import Export Code for Putting it in Paypal India is a post from: First Blog for Indian Financial Market