Principal SMART Equity Fund Growth & Dividend (G / D) - NFO Dates, Scheme Overview, Fund Manager, Minimum Investment , form & other details

Principal SMART Equity Fund Growth & Dividend (G / D) - NFO Dates, Scheme Overview, Fund Manager, Minimum Investment , form & other details

NFO Opens on :26-Nov-2010

NFO Closes on:10-Dec-2010

Scheme Objective

Principal SMART Equity Fund,is a open ended equity scheme. The primary objective of the scheme is to seek to generate long term capital appreciation with relatively lower volatility through systematic allocation of funds into equity; and in debt /money market instruments for defensive purposes. The scheme will decide on allocation of funds into equity assets based on equity market Price earning Ratio (PE Ratio) levels.When the markets become expensive in terms of price to earnings\' Ratio\'; the Scheme will reduce its allocation to equities and move assets into debt and/or money market instruments and vice versa.

Mutual Fund Family: Principal PNB Asset Management Company Pvt. Ltd.

Fund Class: Equity Diversified

Fund Type: Open-Ended

Investment plan:Growth & Dividend

Fund Manager:Rajat Jain

Entry Load:0.00 %

Exit Load:2.00 %

Minimum investment:Rs. 5000

Contact Details

AMC's Address:

Principal Mutual Fund, Exchange Plaza, 'B' Wing, 2nd Floor, NSE Building, Bandra Kurla Complex, Bandra (E), Mumbai, Pincode - 400 051

Tel No:022 - 2202 1111

Fax No.: 91 22 2204 4990

website:

Email: customer@principalindia.com

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Ys Jagan mohan Reddy resigns as Congress Member of Parliament(MP) from Kadapa

Ys Jagan mohan Reddy resigns as Congress Member of Parliament(MP) from Kadapa

Ys Jagan mohan Reddy resigned from MP seat-Member of Parliament from Kadapa YS Jagan Mohan Reddy has resigned from the Congress Party. Jagan along with his mother YS Vijayamma has submitted their resignations today. This is the first step fired by Jagan Mohan Reddy who is on his way to launch his own party. Jagan Mohan Reddy resigned as the Member of Parliament, while Vijayamma resigned as Congress MLA from Pulivendula Assembly seat. He faxed his resignation letter to the Lok Sabha Speaker Meira Kumar which has been accepted by the Speaker. The Andhra Pradesh Assembly Deputy Speaker Manohar Reddy has confirmed having received the resignation letter of YS Vijayamma. Unofficial reports say that Jagan has the backing of at least 5 MPs.

B.S. Jagan Mohan Reddy, Congress MP of Kadapa and son of former Andhra Pradesh Chief Minister YS Rajashekhar Reddy, has finally resigned from his MP position. Along with Jagan, his mother Vijayalakshmi also resigned from the Andhra Pradesh Assembly

The much-expected move on the part of Jagan comes after appointment of Kiran Kumar Reddy as Andhra Pradesh’s new CM by the Congress Party. However, Jagan has asked his supporting MLAs not to resign from their Assembly seats.

Jagan has sent his four-page resignation letter to the party president Sonia Gandhi. In his letter, Jagan has claimed that there was politics against him in his own party.

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MOIL Limited (Manganese Ore India Limited) - Price Band, Issue Size, Date, Profit after tax (PAT), CARE rating & Issue Details

MOIL Limited (Manganese Ore India Limited) - Price Band, Issue Size, Date, Profit after tax (PAT), CARE rating & Issue Details

MOIL Limited (Manganese Ore India Limited) is India based producer of manganese ore, primarily used to make ferro-alloys for steel production. MOIL is a 'Mini Ratna' PSU, owned by Government of India and under the administrative control of the Ministry of Steel.

MOIL Limited is the largest producer of manganese ore by volume in India. MOIL operate seven underground mines (Kandri, Munsar, Beldongri, Gumgaon, Chikla, Balaghat and Ukwa mines) and three opencast mines (Dongri Buzurg, Sitapatore/Sukli, and Tirodi) to produce more then 1,093,363 tonnes of manganese ore.

In addition to high, medium and low grade manganese ore, company produces manganese dioxide and chemical grade manganese ore. The major competitive strengths of the company are:

1. Largest producer of manganese ore in India with access to significant reserves;

2. Well positioned to capture the growth potential of the Indian steel industry;

3. Track record of growth and efficient operations;

4. Strategic location of the mines and

5. Strong capabilities for exploration, mine planning and research development.

Company Financials:

Particulars For the year/period ended (in Rs. Millions)

31-Mar-10 31-Mar-09 31-Mar-08 31-Mar-07 31-Mar-06

Total Income 10,878.53 14,394.09 10,154.48 4,167.41 3,637.37

Profit After Tax (PAT)4,663.46 6,637.93 4,798.15 1,342.09 1,145.17

MOIL Limited IPO Grading / Rating

CARE has assigned an IPO Grade 5 to MOIL Limited IPO. This means as per CARE company has 'Strong fundamentals'.

Issue Detail:

• Issue Open: Nov 26, 2010 - Dec 01, 2010
• Issue Type: 100% Book Built Issue IPO
• Issue Size: 33,600,000 Equity Shares of Rs. 10
• Issue Size: Rs. 1,142.40 - 1,260.00 Crore
• Face Value: Rs. 10 Per Equity Share
• Issue Price: Rs. 340 - Rs. 375 Per Equity Share
• Market Lot: 17 Shares
• Minimum Order Quantity: 17 Shares
• Listing At: BSE, NSE

Power Grid Corporation of India Limited (PGCIL) FPO status - Enter your application & check the allotment status, Latest stock price & experts comment

Power Grid Corporation of India Limited (PGCIL) FPO status - Enter your application & check the allotment status, Latest stock price & experts comments

Incorporated in 1989, Power Grid Corporation of India Limited (PGCIL) is Indian government owned, public sector enterprise. PGCIL is in the business of transmission of electric power in India. It owns and operates a large network of transmission lines and infrastructure that constitutes most of India’s interstate and inter-regional electric power transmission system and carries electric power across India.

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CLICK HERE TO CHECK YOUR ALLOTMENT STATUS FOR Power Grid Corporation of India Limited (PGCIL) FPO

SBI Railway Credit Card - Introduction, Features, Fees & Charges,Savings, Latest offers & How to apply for it.

SBI Railway Credit Card - Introduction, Features, Fees & Charges,Savings, Latest offers & How to apply for it.

The SBI Railway Card is an internationally valid credit card brought to you by SBI Card, India's leading credit card issuer and Indian Railways through its subsidiary, IRCTC (Indian Railway Catering and Tourism Corporation Limited). The SBI Railway Card, especially designed by renowned cartoonist R K Laxman, is a collector's item and packed with exclusive Railway benefits

SBI among its other partnership cards has come up with an SBI Railway Credit Card. This card has been launched with the help of Indian Railway Catering and Tourism Co-operation (IRCTC). It offers many benefits and profitable features to the customers. Those who are involved in a lot of travelling can apply for this card and reap its benefits. The terms and conditions of the SBI Railway Card must be read beforehand.

Features and Privileges offered by SBI Railway Card:

Welcome Bonanza: At the time of joining, you will be getting free 350 reward points, wherein 1 reward point= Re 1.

Get up to 10% of AC Ticket Fare as points: You can get up to 10% of your AC ticket fare, except 3 AC, in form of reward points. These reward points can be redeemed for a ticket.

0% Transaction charges for an e-ticket booked on IRCTC

Personal Rail Accident Insurance worth Rs 10,00,000: Insurance cover worth Rs 10 Lac is given to customers travelling on a valid ticket. The offer is valid only after the card fee payment.

World wide acceptance

• 0% fuel charges on purchases worth Rs 500- Rs 3000
• Cash on the go
• Effective customer services
• Utility bill payment facility
• Additional card issue facility
• Balance transfer
• Easy instalment plan
• Tele-draft facility
• Credit facility
• E-ticketing with peace of mind
• E-statement facility
• SBI Card Alerts
• Know your drop-box location
• E-payment facility

FOR MORE DETAILS, OFFERS & APPLYING CLICK HERE

The Delhi Development Authority (DDA), housing scheme-2010 launched -DDA assures will be scam free, 16000 flats, includes one BHK, Two BHK ,Three BHK

The Delhi Development Authority (DDA), housing scheme-2010 launched -DDA assures will be scam free, 16000 flats, includes one BHK, Two BHK ,Three BHK

The Delhi Development Authority (DDA) has launched new housing schemes for the delhiites on Friday evening.

The new DDA housing scheme 2010 will start allotting flats after November 25 onwards.

There are different categories and classes of flats. The 16, 000 DDA flats which includes one BHK, Two BHK and Three BHK, will be allotted in different areas of the national capital.

One room Janta flats are also available. The successful candidate will get the flats in various colonies such as Dwarka Area, Rohini Area, Vasant Kunj, Nagar, Motia Khan, Mukherjee Nagar Area and other residential locations.

The registration fee for the flats under DDA Housing Scheme 2010 is Rs. 1.5 Lakhs. Registration fee for Janta flats is Rs. 50,000.

The cost of the construction ranges between Rs. 1500 to 6000.

In a bid to avoid fake allotment, this time the registration money will be paid through the bank account so no black money can be invested. A PAN card and Bank account is necessary for applying.

CLICK HERE FOR OFFICIAL WEBSITE OF DDA

Airtel New Logo With 200 Million Customers Launched on 18th November - Features, Launching Pictures, New Ads Video

Airtel New Logo With 200 Million Customers Launched on 18th November - Features, Launching Pictures, New Ads Video

Airtel on Thursday launched the new company logo, marking the company’s 200 million customer milestone.

The new Airtel Logo features more curves and lighting effects compared to the old sharp-edge Airtel logo. The new logo is suppose to give the company identity a new youthful and dynamic look, signifying the company’s innovative advancement in the telecom industry, not only in India, but across the Globe.

Chairman and Managing Director of Bharti airtel, Sunil Bharti Mittal, poses after unveiling the brand's new identity in New Delhi on November 18, 2010.

If this wasn’t enough, AR Rahman after his debacle with the CWG tune (though the remix was much better) comes back with a theme song having a younger and international feel to it. Their new commercial shows how a couple comes together due to the Airtel 3G technology which interestingly will be launched in India only by December.

New Video Ads

Maximum Subscription Amount for Retail Investor in IPO & FPO is now increased from Rs 100000 to Rs. 200000 i.e from 1 Lakh to 2 Lakh & Limit for HNI

Maximum Subscription Amount for Retail Investor in IPO & FPO is now increased from Rs 100000 to Rs. 200000 i.e from 1 Lakh to 2 Lakh & Limit for HNI

Retailers where allowed to invest only upto 1 lakh in IPO until now and if you wanted to invest more they would try to invest in various family names and try to get the IPO pie , If you try to invest more than 1 lakh then you would be considered as HNI and the chance of allotment will go less as normally only 15 % of the IPO size was alloted to HNI , but 35 % was alloted to retailers.One more thing if you would have invested above 1 Lakh you would have not got the 5 % discount that you would have got in Coal India now which was only for the retailers but not for the HNI.

Finally SEBI made all these decisions.

• Sebi doubles the investment limit for retail investors in IPOs and FPOs to Rs 2 lakh |
• There is no change in retail investors’ quota in public offers |
• In case the preferential allotment to promoters is cancelled, there will be a one-year lock-in period
• For insurance cos looking to hit the capital market, Sebi has added more disclosures to the framework wherein the insurer needs to put in the risk factors upfront in the offer document
• They dint make any decision on the Takeover Code

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Gravita India Limited IPO Allotment Status, Enter your application & check the allotment status

Gravita India Limited IPO Allotment Status, Enter your application & check the allotment status

Gravita India Limited IPO Allotment Status, Enter your application & check the allotment status

Incorporated in 1992, Gravita India Ltd is engaged in the business of manufacturing of Lead Metal by Recycling & Smelting process & other lead products. Gravita India Ltd is flagship Company of the Gravita Group which was established in the year 1992 and has manufacturing set up at Jaipur.

IPO Allotment Status is declared and can now be checked online by just entering your application number.

CLICK HERE TO CHECK YOUR ALLOTMENT STATUS FOR GRAVITA INDIA LIMITED

State Bank of India , (SBI) plans 500-750 million euro bond

State Bank of India , (SBI) plans 500-750 million euro bond

State Bank of India (SBI), the country's top lender, has hired six banks for a euro bond issue of 500 million to 750 million euros ($680 million-$1.02 billion) and will begin investor meetings on Nov. 17, IFR reported.

Indian companies have raised a record $7.47 billion through offshore bonds in 2010, according to Thomson Reuters Data.

The SBI offer would be the first large euro issue by an Indian borrower since March 2007, when ICICI Bank raised 500 million euros through a two-year floating rate bond.

SBI has mandated Barclays Capital, BNP Paribas, Credit Agricole CIB, Deutsche Bank, Standard Chartered and UBS to arrange the offering, according to IFR and other sources familiar with the matter.

SBI is expected to make presentations to investors in Frankfurt, London, Munich and Paris, sources said.

Bankers said the pricing and tenor of the deal would depend on feedback from investors during the roadshows.

SBI's bond would be its first benchmark-sized offering in the currency. In July 2005, SBI issued a 100 million euro five-year note. That deal was a private placement and matured in August this year.

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BHEL, navratna PSU Recruitment 2010-11 - Engineer Trainees (ET),Supervisor Trainees (ST) , Executive Law Result for written test declared

BHEL, navratna PSU Recruitment 2010-11 - Engineer Trainees (ET),Supervisor Trainees (ST) , Executive Law Result for written test declared

BHEL country's premier engineering organization & a navratna PSu has declared the results for Engineer trainee written test & also for Executive (Law)

CLICK HERE TO CHECK THE RESULT.

Pondy Oxides & Chemicals Ltd (POCL) - Gravita India Vs POCL, Company profile, Stock prices & experts comments

Pondy Oxides & Chemicals Ltd (POCL) - Gravita India Vs POCL, Company profile, P/E,EPS,Book Value,Stock prices

Pondy Oxides & Chemicals Ltd (POCL) incorporated in 1995, is one of the India's leading metals, metallic oxides and plastic additives producers. POCL has broad based operations, manufacturing of Lead, Litharge Red lead, Zinc oxide, Lead sub Oxide, and solid and liquid stabilizers of PVC

Recently Gravita India's IPO was closed & issue price was 120-125. It is one of the major competitor to Pondy Oxide and both are operating an identical business. Interestingly, Gravita despite being a smaller company when compared to Pondy, is going public at more than 3 times the valuations commanded by already listed Pondy Oxide.

Since both companies are in same business & POCL is having a capacity more than Gravita India, we recommend a strong BUY call on POCL till listing of Gravita India with a strict stop loss of 10% lower your buying price. The stock will continue to move till the listing of Gravita India.

Here is a brief comparison of both these companies.

Comparison sheet
	Pondy Oxide	Gravita India
Capacity (MT)	32000	24000
Standalone Turnover	158	105
Standalone NP	5.8	5.77
PE Ratio	7	22
Consolidated Turnover	232	159
Consolidated NP	12.31	13.23
PE Ratio	3.25	9.5
M Cap	40	170

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Tata Motors Q2 (second quarter results for fiscal year 2011 ) net profit up 2% at Rs 2223cr, Latest stock price & stock tips, Press Release

Tata Motors Q2 (second quarter results for fiscal year 2011 ) net profit up 2% at Rs 2223cr, Latest stock price & stock tips, Press Release

India's largest truck and bus maker, Tata Motors today reported its second quarter results for fiscal year 2011 , a massive 102-fold jump in its consolidated net profit for the quarter ended September 30 at Rs 2,222.99 crore on account of robust demand across categories.

The company had posted a net profit of Rs 21.78 crore in the corresponding period last year, Tata Motors said in a statement.

The consolidated total income from operations during the second quarter also increased by 36.48 per cent to Rs 28,782 crore from Rs 21,088.45 crore in the year-ago period, it added.

"Favorable macroeconomic conditions, good monsoons and good finance availability led to robust domestic demand during the quarter, resulting in volume growth across all segments," the company said.

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Congress president Sonia Gandhi accepted the resignation of Maharashtra CM Ashok Chavan, Suresh Kalmadi

Congress president Sonia Gandhi accepted the resignation of Maharashtra CM Ashok Chavan, Suresh Kalmadi

Along with this move, the Congress president also accepted the resignation of Suresh Kalmadi as secretary of the parliamentary party.

The sacking of Chavan and Kalmadi came moments before the Winter Session of Parliament was to start. The Opposition had indicated that they would raise the issue of the Adarsh Flats scam and Chavan's role in the muddle and the CWG scam in both the Houses.

Chavan's resignation was not accepted earlier as he was to recieve Obama in Mumbai and replacing him would have created a protocol hiccup.

Pressure had been mounting on the Maharashtra CM to demit office over his alleged involvement in Adarsh Cooperative Housing Society scam in Mumbai.

Finance Minister Pranab Mukherjee and Defence Minister and AICC in-charge of Maharashtra AK Antony had submitted a report to Congress president Sonia Gandhi on Tuesday, even as Congress sources had indicated that Chavan's continuance was becoming untenable.

The Congress president had earlier entrusted Mukherjee and Antony to ascertain Chavan's alleged involvement in the allotment of flats to his relatives in the housing project.

Given the fact that the Opposition was determined to stall the proceedings of the Parliament on this issue, the Congress high command took and early call on this issue.

While the hunt for Chavan's successor was on, Union Ministers Prithviraj Chavan and Mukul Wasnik are said to be the front runners for the coveted post even though old warhorses like former chief ministers Vilasrao Deshmukh and Sushil Kumar Shinde are reportedly vying for it.

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Subex Limited - Book Value, P/E ratio, Short term & long term target, Latest stock price & experts comment, Company results

Subex Limited - Book Value, P/E ratio, Short term & long term target, Latest stock price & experts comment, Company results

Subex Limited

NSE Code :SUBEX

BSE Code : 532348

Book Value : 73

P/E 5.08

CMP : CLICK HERE TO CHECK THE LATEST PRICE

first target Rs 104

2-3 Month target 135 plus

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Reliance Gold Exchange Traded Fund - Investment objective, Minimum investment, Fund review, fund details & latest NAV

Reliance Gold Exchange Traded Fund - Investment objective, Minimum investment, Fund review, fund details & latest NAV

The investment objective is to seek to provide returns that closely correspond to returns provided by price of gold through investment in physical Gold (and Gold related securities as permitted by Regulators from time to time). However, the performance of the scheme may differ from that of the domestic prices of Gold due to expenses and or other related factors.

Minimum Investment :

On the Exchange: Minimum one unit is available to all the investors.

With the Fund: 1000 units (permitted only to Authorised Participants as appointed by the AMC)

Available for trading on the following stock exchanges

National Stock Exchange Of India Ltd (NSE)

Bombay Stock Exchange Limited (BSE)

Pricing (per unit): 1 Unit=Approx. 1 gram of gold

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ICICI Prudential Regular Savings Fund, Fund info, AMC, Objective, Category, Plan & type, Issue date, Intial price, entry & exit load

ICICI Prudential Regular Savings Fund, Fund info, AMC, Objective, Category, Plan & type, Issue date, Intial price, entry & exit load

Fund info:

AMC: ICICI Prudential Asset Management Co. Ltd.

Objective: ICICI Prudential Regular Savings Fund (the Scheme/the Fund) is an open-ended income fund that intends to provide reasonable returns, by maintaining an optimum balance of safety, liquidity and yield, through investments in a basket of debt and money market instruments with a view to delivering consistent performance.

Fund category:Debt - Income

Scheme plan: Growth, Dividend

Scheme type: Open Ended

Launch date: November 15, 2010

Fund manager: Mr. Chaitanya Pande

Initial Price: Rs 10

Min investment: Rs 10,000

Entry load: Nil

Exit load: 2

The New Fund Offer (NFO) price for the scheme is Rs. 10 per unit. The new issue will be open for subscription from 15 November and close on 29 November 2010.

PowerGrid Corporation FPO price band fixed at Rs 85-90, 5% discount to retail Investors,FPO details, Price band,Expert comments & latest stock price.

PowerGrid Corporation FPO price band fixed at Rs 85-90, 5% discount to retail Investors,FPO details, Price band,Expert comments & latest stock price.

The price band for the follow-on public offering of Power Grid Corporation Ltd has been fixed at Rs 85-Rs 90, the Power Minister, Mr Sushil Kumar Shinde, said on Sunday 7th november. The FPO opens on 9th to 12th november.

Retail investors and employees will get equity shares at 5% discount to final issue price.The company is offering 84,17,68,246 equity shares through IPO, which comprises a fresh issue of 42,08,84,123 shares and an offer for sale of 42,08,84,123 shares by the President of India acting through the Ministry of Power, Government of India.

The issue will constitute 18.2% of the post issue paid-up capital of company.

The proceeds will be mainly utilised for constructing nine country-wide high capacity power transmission corridors costing USD 13 billion (Rs 58,000 crore).

SBI Capital Markets Ltd, Goldman Sachs (India) Securities Pvt Ltd, ICICI Securities and JP Morgan India Pvt Ltd are the book running lead managers to the issue.

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