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Moneycontrol >> Messageboard >> General >> Business Talk
   You are here :     Moneycontrol     MMB   General   Business Talk

Business Talk

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14 Nov 2008 14:23

As per a CLSA report that came out today, Infosys Technologies may post a sequential fall in dollar terms in Q3 and is likely to miss upper-end Q3 dollar revenue guidance. The cross-currency moves may hit the company’s October-December dollar earnings by 2.4%, the report said....

14 Nov 2008 13:58

Tata tele\\\\`s stake sell indicates that there is rough road ahead for telecomm sector in the year 2009. I dont see its a positive as far as telecomm sector is concerned. It forces analysts to cut the earnings for telecomm sector in the year 2009.
Stake sell at this time by telecomm sector company is not encouraging sign....

In reply to:

Tata Tele-NTT DOCOMO deal: What`s it about?

Posted by : MMB Messenger

NTT DOCOMO Inc would pick up 26% stake in Tata Teleservices for USD 2.7 billion. The deal is a combination of fresh equity and stake sale by existing shareholders. The deal values Tata Teleservices at USD 10.4 billion. TTSL has a subscriber base of 30 million.

14 Nov 2008 13:58

NTT DOCOMO Inc would pick up 26% stake in Tata Teleservices for USD 2.7 billion. The deal is a combination of fresh equity and stake sale by existing shareholders. The deal values Tata Teleservices at USD 10.4 billion. TTSL has a subscriber base of 30 million. ...

14 Nov 2008 11:17

There may be a possibility for merger of Crysler and GM in USA to face the crisis....

In reply to:

Is General Motors driving into bankruptcy?

Posted by : MMB Messenger

Talks of the world`s largest carmaker General Motors driving towards bankruptcy have started again. If it does file for bankruptcy, how much of an impact will it have on its India operations? So what are the chances of bankruptcy and what could be the fallout in India?

14 Nov 2008 11:17

Talks of the world`s largest carmaker General Motors driving towards bankruptcy have started again. If it does file for bankruptcy, how much of an impact will it have on its India operations? So what are the chances of bankruptcy and what could be the fallout in India?...

13 Nov 2008 23:19

the same news I got from other sites and blog like http://ipo-news-india.blogspot.com thanks for the information and I totally agree with this fact....

In reply to:

Bajaj Hind agrees to pay 2008-09 SAP at Rs 140/qtl

Posted by : MMB Messenger

Bajaj Hindusthan has agreed to pay SAP for 2008-2009 at Rs 140 per quintal, reports CNBC-TV18, quoting sources. Bajaj Hindusthan would start 14 mills from November 16, ahead of the November 18 hearing.

13 Nov 2008 23:19

Bajaj Hindusthan has agreed to pay SAP for 2008-2009 at Rs 140 per quintal, reports CNBC-TV18, quoting sources. Bajaj Hindusthan would start 14 mills from November 16, ahead of the November 18 hearing.

...

13 Nov 2008 21:07

Hi dineshsahay, No doubt stocks mentioned by you are value buying. But at present, level of buying has more importance being many stocks has broken their 52 lows and then again broken their lows time and again? At every dip new stocks are brakeing their breath, I seen so? It will be proper if expected level of entry is given against each stock?...

In reply to:

Sit with cash, Pospone buying,wait for lows7500/8000

Posted by : dineshsahay

Best policy for investors will be to sell if not losing much and sit with cash and wait for the sensex to come around 7500/8000. It is better to buy bluechip stocks only as other stocks will fall to their lowest ever.Buy at lowest sensex as above and only fundamentally sound companies, like L&T, PUNJ Lloyd, BHEL, ABB, NTPC, Reliance Industries, Reliance infra, Reliance communication, RPL,GMR Infra, Mercator lines, Mundra port, Biocn,Sunpharma,Powergrid (with exception,HDFC bank,Unitech,Dlf,sail etc. It is good if we buy at PE/ratio around 10 for bluechips and for other stocks other stocks between 3 to 5 and hold stocks for 1/2 years. Tere are number companies available at attractive pe/ratio. Do not buy stocks in panic and donot sell in haste if you are for long term.

13 Nov 2008 17:21

Dear Panasonic
You are talking about the slip in the position. But there are many investors who have become bankrupt because of the downfall. There are crorepathis becoming lakhpathis. Let us worry about that rather than thinking of these millionairs who have inherited their wealth from the hard work of their ancestors and living posh with the investor money. Cheers (Reliance power just see the IPO price and current price) Then we should talk on these promotors. Cheers ...

In reply to:

The 40 Richest Indian...

Posted by : panasonic

Last year`s No. 1, U.K. resident Lakshmi Mittal, dropped .5 billion amid plunging steel prices, but he slips only a bit, to No. 2. Mukesh Ambani, who oversees petrochemicals giant Reliance Industries, grabs the top spot for the first time, despite losing .2 billion in the past year. His estranged brother, Anil, ranked third, is the biggest dollar loser, down .5 billion.

Others were nearly wiped out entirely. India`s wind power man Tulsi Tanti and his brothers lost 91% of their fortune, amid reports about the poor quality of Suzlon`s wind blades. Real estate fortunes were among those hit the hardest. K.P.Singh lost .2 billion since we last published our listing but is down an astonishing billion since his DLF stock peaked in January. Property tycoon Ramesh Chandra`s net worth dropped 91% to billion. His Unitech lost half its market capitalization in one day last month.

Thirty-three of the 34 tycoons who returned to our ranking of India`s richest are at least 20% poorer than they were a year ago. Only one fortune from last year`s ranks increased, that of brothers Malvinder and Shivinder Singh, who sold their 34% stake in generic drug firm Ranbaxy Laboratories to Japan`s Daiichi Sankyo at a hefty premium to its current stock price. They added 0 million to their combined wealth.

Others with pharmaceuticals fortunes outperformed the market, but thanks to a sliding rupee, their net worth fell too. Dilip Shanghvi of SunPharma, India`s most valuable drug maker, was poorer by 0 million, despite an increase in his net worth in rupees.

Six people dropped off our list altogether after losing a collective .9 billion. They included flamboyant liquor and airlines tycoon Vijay Mallya, whose Kingfisher Airlines is racking up losses, and Gautam Thapar, whose Ballarpur Industries is India`s largest paper maker. Taking their places are four newcomers, including Micky Jagtiani, who oversees a retailing empire in the Middle East, and Hemant Shah, son of a Bollywood film producer, who made his fortune in construction.

Returning to the list after a one-year absence are Yusuf Hamied, head of generics producer Cipla, and Brijmohan Lall Munjal, patriarch of Hero Group, which makes motorcycles and bicycles.

Some more sobering statistics: While all 40 tycoons were billionaires last year, only 27 now have 10-figure fortunes, nine fewer than in 2006.

These net worths are snapshots of wealth taken on Nov. 3, when we locked in market prices and exchange rates. Had we locked in just a week earlier, the losses would have been still greater, as the nation`s main index gained 21% in the days leading up to our list publication.

Privately held companies were valued by comparing them to similar public companies. Indian nonresidents like Lakshmi Mittal were included as long as they still hold Indian citizenship. This ranking, unlike the Forbes billionaires list, includes family fortunes.

13 Nov 2008 17:11

Last year`s No. 1, U.K. resident Lakshmi Mittal, dropped .5 billion amid plunging steel prices, but he slips only a bit, to No. 2. Mukesh Ambani, who oversees petrochemicals giant Reliance Industries, grabs the top spot for the first time, despite losing .2 billion in the past year. His estranged brother, Anil, ranked third, is the biggest dollar loser, down .5 billion.

Others were nearly wiped out entirely. India`s wind power man Tulsi Tanti and his brothers lost 91% of their fortune, amid reports about the poor quality of Suzlon`s wind blades. Real estate fortunes were among those hit the hardest. K.P.Singh lost .2 billion since we last published our listing but is down an astonishing billion since his DLF stock peaked in January. Property tycoon Ramesh Chandra`s net worth dropped 91% to billion. His Unitech lost half its market capitalization in one day last month.

Thirty-three of the 34 tycoons who returned to our ranking of India`s richest are at least 20% poorer than they were a year ago. Only one fortune from last year`s ranks increased, that of brothers Malvinder and Shivinder Singh, who sold their 34% stake in generic drug firm Ranbaxy Laboratories to Japan`s Daiichi Sankyo at a hefty premium to its current stock price. They added 0 million to their combined wealth.

Others with pharmaceuticals fortunes outperformed the market, but thanks to a sliding rupee, their net worth fell too. Dilip Shanghvi of SunPharma, India`s most valuable drug maker, was poorer by 0 million, despite an increase in his net worth in rupees.

Six people dropped off our list altogether after losing a collective .9 billion. They included flamboyant liquor and airlines tycoon Vijay Mallya, whose Kingfisher Airlines is racking up losses, and Gautam Thapar, whose Ballarpur Industries is India`s largest paper maker. Taking their places are four newcomers, including Micky Jagtiani, who oversees a retailing empire in the Middle East, and Hemant Shah, son of a Bollywood film producer, who made his fortune in construction.

Returning to the list after a one-year absence are Yusuf Hamied, head of generics producer Cipla, and Brijmohan Lall Munjal, patriarch of Hero Group, which makes motorcycles and bicycles.

Some more sobering statistics: While all 40 tycoons were billionaires last year, only 27 now have 10-figure fortunes, nine fewer than in 2006.

These net worths are snapshots of wealth taken on Nov. 3, when we locked in market prices and exchange rates. Had we locked in just a week earlier, the losses would have been still greater, as the nation`s main index gained 21% in the days leading up to our list publication.

Privately held companies were valued by comparing them to similar public companies. Indian nonresidents like Lakshmi Mittal were included as long as they still hold Indian citizenship. This ranking, unlike the Forbes billionaires list, includes family fortunes.
...

13 Nov 2008 12:44

Inflation reaches single-digit, touches 8.98%

Published on Thu, Nov 13, 2008 at 09:47 , Updated at Thu, Nov 13, 2008 at 12:36
Source : CNBC-TV18

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Inflation for the week-ended November 1 has reached single-digit and come in at 8.98% compared with 10.72% the week earlier.



Earlier, a CNBC-TV18 poll saw inflation at 10.24%, which is lower than 10.72% for the week before....

13 Nov 2008 12:43

Tata Motors` Lucknow plant is likely to be shut for another week, reports CNBC-TV18, quoting sources. A Tata Motor`s spokesperson said the company’s Lucknow plant will go for block closure from November 10-15. However, sources said the company`s Jamshedpur plant will go for a second round of block closure by November-end.
...

12 Nov 2008 19:15

Well this is the scnario of all over the world companies..........

In reply to:

Liquidity crunch to haunt India Inc for next yr: Ratan Tata

Posted by : MMB Messenger

Ratan Tata Chairman of Tat Sons said the Tata companies’ foreign operations acquisitions were already facing problems in raising capital. He does not expect this state of affair to improve over next 12 months and feels that failure to manage this crisis could result in irretrievable positions.

12 Nov 2008 19:15

Ratan Tata Chairman of Tat Sons said the Tata companies’ foreign operations acquisitions were already facing problems in raising capital. He does not expect this state of affair to improve over next 12 months and feels that failure to manage this crisis could result in irretrievable positions....

12 Nov 2008 17:27

Neeraj:

Thats a million dollar question .. (in this market..)

NSE india has recently started having annual reports for companies..
but there is another govt site where companies are mandated to provide their annual reports ..(Though not all of them upload the data - specially small companies)

-Since this is your first query in message board and
-you have been registered with money control for long
-I do hold some shares of network18 (Cheap right now considering its property holdings)
-This is the time when we need more investor participation..

here is the link: ht tp:/ /sebiedifar.nic.i n/sebi_doc_pub.asp?value=ar
(remove blank spaces)
Feel free to ask any questions..

=happy investing...

In reply to:

Where to find annual reports ??

Posted by : neeraj523

is there a web site offering financial reports of indian companies ?

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