MUMBAI: Bartronics India, the country’s largest smart-card manufacturer and automatic identification and data capture (AIDC) company, is incubating several new products and services ideas that could become growth drivers for the future, a senior company official said on Tuesday.

The company is also looking to expand its geographical spread into Europe through an acquisition.

Sudhir Rao, managing director of Bartronics, said the company is exploring several new segments like tracking applications and point of sales (PoS) products. “These are currently in the lab stage and could find commercial application in the future,” he added.
Rao said, with technology becoming affordable, tracking of goods and people is likely to be a big business opportunity. The company is investing in GIS and GPRS technology to fine-tune these applications.

For retail PoS products, it has tied up with chip major Intel to use the latter’s architecture in the products.

Rao said the PoS products are ready and are undergoing field tests. These are a fifth cheaper than similar products from competitors and are also more complex and versatile. The company plans to get these products contract manufactured and would not set up its own facility.

Rao said the company is looking to enter Europe this year through an acquisition. “We have identified three firms in the RFID (radio frequency identification) space in the $50-100 million valuation range. They have a customer base and are profit making,” he said.
Next year, Bartronics plans to enter the West Asian market
Bartronics has two businesses - AICD and smart cards. Under AIDC it provides solutions for barcode, bio-metrics, radio frequency identification (RFID), and radio frequency data communication (RFDC). With a 70% growth rate, RFID is the fastest growing segment. Looking at the boom in application space like government, retail, telecom, and healthcare, Rao said there is strong revenue visibility beyond 2010.
The company on Monday won a smart card project worth Rs 400 crore from the government, taking its order book position to Rs 900 crore.

Revenues from the Rashtriya Swasthya Bima Yojana Scheme (RSBY) would begin flowing in from next fiscal, when the smart cards would be distributed. Rao said smart card realisation for the project would be higher than its current realisation, which would boost margins. Of the other 10 government orders in the pipeline, the company has L1 (lowest bidder) status in four of them, with a total deal size of Rs 250 crore. The company is likely to revise its full year guidance of Rs 500 crore topline and Rs 85-90 crore bottomline at the end of the current quarter.

DNA...

IndusInd, Grameen Capital, SKS partner in Rs 100 crore deal
---------------MUMBAI: Three leading institutions, IndusInd Bank, Grameen Capital India and SKS Microfinance, today announced the closure of a Rs 100 crore assignment of microfinance receivables.

Grameen Capital structured and arranged the transaction, comprising a pool of advances to agriculture and allied sectors, a press release issued here stated.

Private sector IndusInd Bank has been assigned microfinance receivables totalling Rs 150 crore of which the first tranche of Rs 100 crore transaction was closed on July 29. The second tranche is slated to be concluded in February 2009, the release said.

IndusInd Bank's Head, Corporate & Investment Banking, Suhail Chander, said that "this is an excellent opportunity for us, not only to build up our agri portfolio, but also to be involved in the fast-growing microfinance field."

"The transaction allows us to diversify our asset base by partnering with globally-recognised microfinance players," he added.

SKS Microfinance's Chief Financial Officer, Dilliraj S, said that "normally, the assignment of agri portfolio picks up in the fourth quarter only. We are glad that we were able to warm up the market right in July itself."

The structure was a win-win deal for both IndusInd Bank and SKS Microfinance, Dilliraj said. While SKS got access to low-cost money in July itself, IndusInd was also assured of peak outstanding in March 2009 with a top-up at a pre-negotiated rate, he added


ET...

Thnx a lot Mr.MALAYALI. *****Its EASY to RECEIVE. ***** Its DIFFICULT to GIVE ..........

Latika Vani .....easy & humble :)
regds



...

Easy is to get a place is someone's address book.
Difficult is to get a place in someone's heart.

Easy is to judge the mistakes of others
Difficult is to recognize our own mistakes.

Easy is to talk without thinking
Difficult is to refrain the tongue.

Easy is to hurt someone who loves us.
Difficult is to heal the wound.

Easy is to ask for forgiveness.
Difficult is to forgive others

Easy is to set rules
Difficult is to follow them.

Easy is to dream every night.
Difficult is to fight for a dream.

Easy is to show victory
Difficult is to assume defeat with dignity.

Easy is to admire a full moon
Difficult to see the other side.

Easy is to stumble with a stone
Difficult is to get up.

Easy is to enjoy life every day
Difficult to give its real value.

Easy is to promise something to someone
Difficult is to fulfill that promise.

Easy is to say we love.
Difficult is to show it every day.

Easy is to criticize others.
Difficult is to improve oneself.

Easy is to make mistakes.
Difficult is to learn from them.

Easy is to weep for a lost love.
Difficult is to take care of it so not to lose it.

Easy is to think about improving.
Difficult is to stop thinking it and put it into action.

Easy is to think bad of others
Difficult is to give them the benefit of the doubt.

Easy is to receive
Difficult is to give.

Easy to read this
Difficult to follow.

Easy is keep the friendship with words
Difficult is to keep it with meanings....

Idea among five operators agree to provide link to RCom GSM
-------------NEW DELHI: Ahead of the deadline of TRAI's direction to give interconnection to RCom GSM network, five operators, including Idea Cellular, MTNL and Tata Communication have agreed to provide link of their network to the Anil Ambani group company.

According to sources, Idea Cellular has agreed to provide interconnection to RCom thereby not becoming a part of COAI's likely petition against TRAI's directive on the same. Besides, other operators to provide interconnectivity to RCom GSM network are Aircel and Spice Communication.

The other PSU BSNL, which has also been directed by TRAI, is in negotiation with RCom. "We are in a dialogue with them (RCom)... There has been no conclusion yet on the outcome of our talks on a agreeable interconnection arrangement," BSNL CMD Kuldeep Goyal had said yesterday. So now, it is Bharti and Vodafone, who are yet to consider giving interconnectivity to RCom.

However, the latest position could influence COAI's decision to challenge the TRAI's order although it could not be confirmed whether COAI would change its position or not. On August 14, telecom regulator TRAI had directed GSM players Idea Cellular, BPL, Vodafone Essar and Bharti Airtel to interconnect with RCom by August 21. Aircel, Spice, Idea are members of COAI.

ET...

SAIL to enhance loading facilities at Bolani; invests Rs 120cr
----------NEW DELHI: Country's largest steel maker Steel Authority of India Ltd has undertaken the work for enhancement of loading facilities at Bolani iron ore mines in Orissa with an investment of Rs 120 crore.

With expansion of the project, the iron ore loading capacity of the mine would go up to 10 million tons per annum from the present level of 3.9 million tons, a spokesperson of SAIL's Raw Material Division (RMD) told PTI.

The enhancement of facilities is in tandem with the proposed increase in production capacity of the mine to 10 million tons, he added.

As part of the first phase of the scheme, RMD has begun installation of reclaimer, stacker, conveyors and stacking yard at Bolani. In the second phase it would take up railway track modification and work related to signalling and telecommunication.

State-run SAIL targets over 26 million tons of steel production by 2010-11, for which RMD aims at churning out over 30 million tons of iron ore.

To meet the enhanced iron ore requirement, RMD has taken up a slew of projects to develop the existing iron ore mines besides improving mining operations and infrastructure.

The long-term projects include expansion of Chiria iron ore mines in Jharkhand and Taldih in Orissa. While Chiria's capacity would go up to 50 million tons in phases, that of Taldih to 4.25 million tons along with an additional two- million ton pellet plant.

The steel major also envisages developing the south block of Kiriburu and central block of Meghataburu iron ore mines in Jharkhand.



ET.
...

The lure of big money has always thrown investors into the lap of stock markets. However, making money, particularly lots of money, in stocks is not a child’s play.

It not only requires oodles of patience and discipline, but also a great deal of research and a sound understanding of the market, among others.

Added to this is the fact that stock market volatility in last few months has left investors in a state of confusion. They are in a dilemma whether to invest, hold or sell in such markets.

Although no sure-shot formula has yet been discovered for stock market success, here are some tips to help you emerge a winner:
Have oodles of patience and discipline

Historically it has been witnessed that even great bull runs have shown bouts of panic moments.

The volatility witnessed in the markets has inevitably made investors lose money despite the great Bull Run.

Still “investors who put in money systematically, in the right shares and held on to their investments patiently can look towards generating good returns,” says Ashsih Kapur, CEO, Invest Shoppe India Ltd.

Hence, it is prudent to have patience, besides keeping a long-term broad picture in mind.

Research the stocks before buying

Do not always rely on tips and also avoid having the herd mentality. It has been witnessed that the typical buyer’s decision is heavily influenced by the actions of his acquaintances, neighbours or relatives.

Thus, if everybody around is investing in a particular stock, the tendency for potential investors is to do the same.

Therefore, try to look investing in solid, large, blue chip companies and buying undervalued stocks based on fundamental analysis. Short-term investors can put their money based on news and technical analysis.

Before buying the stock, one must decide a price target that one is comfortable with and a stop loss to avoid great losses, if the price goes down.

Look inward and not outward

Investors should not look what the short-term state of the markets is, rather should see what are their financial goals in life.

Depending upon the time horizon of goals, short term, medium term and long term; investments should be made accordingly.

“It is a proven fact that in the long run, equity is the highest return-generating asset class. Therefore, for your long-term goals, without any hesitation, invest in equities either through stocks or through mutual funds,” advises Ramesh Dalal, vice president, Bajaj Capital.

. According to him, for short-term and medium-term goals, much exposure to equities is not recommended even if the markets are stable.

Diversification is the key

Diversification of portfolio across asset classes and instruments is the key factor to earn optimum returns on investments with minimum risk. The reason for the relatively poor performance of portfolios of individual investors even in greatest of bull runs has been lots of variation in market breadth. Different industries have participated at different points of time in taking the markets up.

There have been periods running into several months when the entire rally has been led by a handful of large, frontline stocks. On other occasions, mid caps have generated remarkable returns and made large caps look pale in comparison. So, it becomes imperative to diversify your portfolio across sectors and market capitalization.

Control both ‘fear and greed’

Many investors have been losing money in stock markets due to their inability to control greed and fear. In a bull market, the lure of quick wealth is difficult to resist.

Greed augments when investors hear stories of fabulous returns being made in the stock market in a short period of time.

“This leads them to speculate, buy shares of unknown companies or create heavy positions in the futures segment without really understanding the risks involved,” says Kapur.

Instead of creating wealth, these investors thus burn their fingers very badly the moment the sentiment in the market reverses. In a bear market, investors panic and sell their shares at rock bottom prices

Market related capital protection schemes

Capital protection schemes from mutual funds and life insurance schemes can be a lucrative option in these fluctuating markets as these schemes give you an opportunity to create wealth by participating in the stock markets along with a guarantee of capital protection.

Invest in a staggered manner

Instead of making one time lump-sum investment in current markets, investors should go for staggered investments through systematic investment plans (SIP) of mutual funds.

“Systematic investments reduce the risk of your portfolio by averaging the purchase price per unit,” says Dalal

Switch to defensive sectors

Those who are already invested in the stock markets need to have some patience and better switch to the defensive sectors like FMCG, pharmaceuticals, consumer durables and telecom.

Arbitrage funds and gold funds are other options available.

Have realistic expectations

There’s nothing wrong with hoping for the ‘best’ from your investments, but you could be heading for trouble if your financial goals are based on unrealistic assumptions.

For instance, lots of stocks have generated more than 50 per cent returns during the great bull run of recent years.

However, it doesn’t mean that you should always expect the same kind of return from the stock markets.

Therefore, when Warren Buffett says that earning more than 12 per cent in stock is pure dumb luck and you laugh at it, you’re surely in for a trouble!

Don’t time the market

One thing that Warren Buffett doesn’t do is try to time the stock market, although he does have a very strong view on the price levels appropriate to individual shares.

A majority of investors, however, do just the opposite, something that financial planners are always warning them to avoid.

For market timing to be an effective investment strategy, “you need to have a 70 per cent accuracy rate or better,” says global financial expert Ted Cadsby.

That is what makes it virtually impossible. But, sadly, a good number of investors are yet to see any merit in Cadsby’s advice.

(Sanjeev Sinha, ECONOMICTIMES)...

HELLO, Can you say something about this deal in context of long term perspective?? with thnx vasistha...

Oh ! Latika Vani ??? sorry I called you Mr. latikav, So you\\`ar.... ***SHE, not ***HE. Am I correct ??? MALAYALI : sometimes EASY, but DIFFICULT...

SUPER MESSAGE, Mr. latikav. *****Its EASY to REPLY. *****Its DIFFICULT to RATE. MALAYALI : easy, but difficult...

dear friend, this is a stock which one has 2 understand . plse see my other comments and performance response on other messages on top. the management is sleepy at this point. plse write to them to become proactive and promote their company in print/tv media. i have done the same and see the actvity in the last seven days . the volumes have picked up because their news is being given on all forms of media. u need to participate and ensure we push the PR department to publisie the company. take care...

Matching Investor Type With Investment Type----------- 1- Know what kind of investor you are. 2-What type of fund you should invest in. Funds for Aggressive Investors- 1-Sectoral Equity Risk-very High Objective-Long Term Growth Ideal Tenure- 7-10 yrs 2-Equity Diversified,ELSS Risk-High Objective-High Growth Ideal Tenure-above 5 yrs Funds for Moderate Investors---- 1-Index,Balanced Risk-Moderate Objective-Moderate Growth Ideal Tenure-3-5 yrs 2-Balanced MIPs Risk-Moderate Objective-Growth and Income Ideal Tenure - 2-3 yrs Funds for Conservative Investors------ 1-MIPs, Income Plans Risk-Low Objective-Steady Income Ideal Tenure-1-2 yrs 2-FMPs,Floating Rate Risk-Very Low Objective-Liquidity & Returns Ideal Tenure- 6-12 months (Source- Money Today) ...

Ok thanks That will be easy if one has long message Regds Gv...

Hi latikav, Just curios---How you posted one single big message,with out doing part1, part2 etc etc Can you share the idea? Regds GV...