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Saturday, October 30, 2010

Coal India IPO Allotment Status, Enter your application & check the allotment status & Listing on Thursday 4th november 2010




Coal India Initial Public Offering (IPO) allotment is set at Rs. 245 per share, the top end of the price range. Coal India IPO Allotment Date of listing is on November 4th 2010 and the allotted shares are likely to be credited to demat account from November 1st. the government aims to raise $3.5 billion from the IPO and the retail portion of the IPO was oversubscribed by 2.31 times.

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


L&T Infrastructure Bonds - Introduction,Tax Rebate Under Section 80CCF, Opening & closing date,Features, Min. investment,credit rating,List of banks









L&T Infrastructure Finance Company Limited (L&T Infra) is a wholly owned subsidiary of Larsen & Toubro Limited. L&T Infra is a Non Banking Financial Company (NBFC) registered under Reserve Bank of India (RBI) Act 1934. The company has commenced operations in January 2007.It leverages L&T’s expertise in the infrastructure sector to offer turnkey financial solutions.

L&T Infra issues long term Infrastructure bond from 15th October, 2010 to 2nd November, 2010. This is also same as earlier infrastructure bonds and suitable for getting tax exemption under section 80CCF. Under Section 80CCF, one can invest in permissible infrastructure bonds and get an additional exemption of Rs. 20000.


L&T Infrastructure Bonds Features

There are 4 series of L&T Bonds, and though these bonds have a term of 10 years, there is an option of a buyback after 5 years or 7 years.

The interest rates, and effective yields of different plans are shown below:

SeriesTax Bracket1234
Face Value—-Rs. 1,000Rs. 1,000Rs. 1,000Rs. 1,000
Interest Payment—-AnnualCumulativeAnnualCumulative
Interest Rate—-7.75%7.75%7.50%7.50%
Maturity—-10 years10 years10 years10 years
Buyback in years—-7 years7 years5 years5 years
Yield on Buyback30.9%15.23%13.59%17.20%15.75%
20.6%12.31%11.36%13.42%12.58%
10.3%9.86%9.44%10.23%9.86%



L&T Bonds Minimum Investment

The minimum investment needed for you to invest in these bonds is Rs. 5,000 because you have to apply for a minimum of 5 bonds, and the face value of each bond is Rs. 1,000.

Open and Close Date

Subscription opened on October 15th, and will close on November 2nd 2010.

Credit Rating

The L&T bonds have been rated CARE AA+ by CARE and LAA+ by ICRA which indicate high credit quality and that the rated instruments carry low credit risk.

How can you invest in the L&T Infrastructure bonds?

You can invest in these bonds either in the physical form or electronically through brokers like ICICI Direct. You can buy a form through one of the several agents across the country and invest in it through them as well.

Here is a list of banks listed on their website that can give you more information as well:

Axis Bank
DBS Bank
HDFC Bank
HSBC Bank
ICICI Bank
IDBI Bank
ING Bank
SBI Bank



Tax on interest earned from the L&T Infrastructure bond

The interest itself is not tax free. It’s only the Rs. 20,000 you get reduced from your taxable salary that helps save tax.

L&T Infrastructure bonds to list on NSE after 5 years

The Bonds are proposed to be listed on NSE, and can be traded after the initial 5 years lock-in period. After this lock-in period, the holders can also pledge the Bonds with banks for availing financial assistance.

You don’t need a demat account to invest in these bonds

L&T will offer you the option to hold the Bonds either in Dematerialized or Physical Certificate form.

NRIs can’t apply in the L&T Bonds

Non-resident investors including NRIs, FIIs and OCBs are not eligible to participate in the Issue.

Tuesday, October 12, 2010

Buy South Indian Bank: Motilal Oswal, Latest Stock Price, Latest Stock Comment by experts, EPS, Book Value,PE

Buy South Indian Bank: Motilal Oswal, Latest Stock Price, Latest Stock Comment by experts, EPS, Book Value,PE


“South Indian Bank (SIB) management expects to achieve business growth of 25-28% YoY to Rs 480-500 billion in FY11. Loans are expected to grow 25%+ YoY to Rs 200 billion and deposits 23%+ YoY to Rs 280 billion. We expect loans to grow 25% YoY and deposit to grow 24% YoY in FY11. FY13 business target of Rs 750 billion, 750 branches and ATM and 7,500 employees remains intact. The management remains confident of achieving its targets ahead of schedule. As of 1QFY11, loans grew 5% QoQ and 34% YoY to Rs 169 billion while deposits grew 1% QoQ and 25% YoY to Rs 233 billion. Gold loans, SME and Corporate loans will remain key drivers of loan growth going forward.”

“Management expects to maintain CASA growth in line with overall deposits growth and CASA ratio is expected to remain stable at ~25%. However, in 1QFY11, CASA growth of 28% YoY outpaced overall deposits growth. CASA ratio had improved to 25.1% versus 23.3% for FY10 and 24.5% for 1QFY10.”

“SIB has shown consistent improvement in its operating performance. We expect its ROAs to sustain at ~1% whereas increase in leverage would help drive ROEs to ~18% by FY12E. SIB is planning to add 60 new branches to its existing network of 580 branches. Of this, roughly 30 would be in southern India (without RBI license requirement) which would further strengthen its presence in that region. Stock trades at FY12 P/BV of 1.6x and PE of 9.4x. Maintain Buy,” says Motilal Oswal research report.

Saturday, October 9, 2010

Gallantt Ispat Ltd IPO Allotment Status, Enter your application & check the allotment status & Listing o monday 11th october 2010

Gallantt Ispat Ltd IPO Allotment Status, Enter your application & check the allotment status & Listing o monday 11th october 2010

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

CLICK HERE TO CHECK YOUR ALLOTMENT STATUS BY ENTERING YOUR APPLICATION NUMBER

Sea TV Network Ltd IPO Allotment Status, Enter your application & check the allotment status

Sea TV Network Ltd IPO Allotment Status, Enter your application & check the allotment status


Sea TV Network Ltd IPO Allotment Status is declared and can now be checked online by just entering your application number

CLICK HERE TO CHECK YOUR ALLOTMENT STATUS BY ENTERING YOUR APPLICATION NUMBER

Techpro Systems Limited IPO Allotment Status, Enter your application & check the allotment status

Techpro Systems Limited IPO Allotment Status, Enter your application & check the allotment status

Techpro Systems Limited IPO Allotment Status is declared and can now be checked online by just entering your application number. Listing on 12th or 13th October

CLICK HERE TO CHECK YOUR ALLOTMENT STATUS BY ENTERING YOUR APPLICATION NUMBER

Wednesday, October 6, 2010

Ramky Infrastructure Limited IPO Allotment Status, Enter your application & check the allotment status



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


Orient Green Power Company Limited IPO Allotment Status, Enter your application & check the allotment status



Orient Green Power Company Limited IPO Allotment Status is declared and can now be checked online by just entering your application number.



Tuesday, October 5, 2010

Electrosteel Steels IPO Allotment Status, Enter your application & check the allotment status



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



LIC Infrastructure Bonds: Save tax of Rs 20,000 under section 80CCF, Lock in period, Review, Term & other infrastructure bonds



If you are tax payer then you can save more tax by investing in LIC Infrastructure Bond. Additional Rs.20,000 Tax Exemption under Section 80CCF.

LIC Infrastructure Bond at Glance:

  • Term: 10 years
  • Minimum lock in period: 5 years
  • Loan on Bond: After 5 years
  • Interest Rate: 7.85%-7.95% after tax.
  • Exit options: Buy back or through Demat account
  • Open for Individual or HUF.
  • Any individual or HUF can invest in LIC’s Infrastructure Bonds Between Rs.5000 – Rs.20,000/- This will be over the Rs.1 lakh deduction allowed under Section 80C.

Tax benefit example:

If you are in highest tax payers bracket of 30% can save an additional Rs 6,000 and if you happen to fall in the lower tax bracket then you can still save Rs.2,000/- by investing in LIC infrastructure bonds this financial year.

LIC infrastructure bonds not only offers capital safety but also offers fixed returns through ECS.

After lock in period is over, you can ask issuer (LIC) to buy back bonds Or you can trade these bonds in stock Exchange.

You should have a Demat account to invest in infrastructure bonds.

Other Infrastructure bonds:

  • Industrial Finance Corporation of India (IFCI),
  • Infrastructure Development Finance Company (IDFC) and
  • Non-Banking Finance Company (NBFCs) who are classified as an infrastructure finance company by the Reserve Bank of India (RBI)

This bond will boost the infrastructure projects in India and at the same time you will get tax benefit and good return.

Commonwealth Games,CWG 2010: Rahi Sarnobat & Anisa Sayyed Bag Gold In Pairs 25m Pistol event for women, shot an impressive 1158



Rahi Sarnobat and Anisa Sayyed added another gold to India’s medal tally in the Commonwealth Games by winning in the pairs 25m pistol event for women at the Karni Singh Shooting Range here today.

Sarnobat and Sayyed shot an impressive 1158 to finish ahead of Australia’s Lalita Yauhleuskaya and Linda Ryan (1148) and England’s Gorgs Geikie and Julia Lydall (1122) in the event.

While the 30—year—old Sayyed from Haryana is an experienced hand, having played in a number of tournaments, Sarnobat is just beginning to bloom. Like Tejeswani Sawant, the 20—year—old Sarnobat too hails from Kolhapur, Maharashtra, and is rated highly by those who know her.

CWG 2010, Wrestlers shine - Anil Kumar, Sanjay Kumar, Ravinder Singh help India to win 3 gold medals in wrestling


02-cwg.jpg (200×150)

India completed a hat-trick in wrestling as grappler Anil Kumar clinched third gold medal for India in the 96kg Greco-Roman style event at the Indira Gandhi Sports Complex on Tuesday.

Anil Kumar defeated Hassene Fkiri to better India's gold medal tally to five.

Sanjay Kumar earned India its second gold medal in wrestling in the 74kg Greco-Roman style event at the Indira Gandhi Sports Complex on Tuesday.

Kumar defeated South Africa's Richard Brian Addinall 2-0 in the final to run away with the top honours in front of the sparse crowd.

Earlier, Ravinder Singh claimed India's first gold medal in wrestling in the 60kg Greco-Roman style event.

Ravinder defeated England's Christopher Terence Bosson 7-2 in the final to run away with the top honours in front of the sparse crowd.

CWG: Abhinav Bindra & Gagan Narang won first gold in 10m rifle pair event by scoring 1193 points for India



India has won the first gold medal in Commonwealth Games on Tuesday, Oct 5. Indian shooting pair Abhinav Bindra and Gagan Narang have won gold in 10m air rifle pair shooting in the second day of the Delhi mega event.

Beijing Olympics gold medalist Abhinav Bindra and Gagan Narang won gold medal in 10m rifle pair event with a world class performance. The golden pair set a new Commonwealth Games record in this event by scoring 1193 points.

Monday, October 4, 2010

Aurobindo Pharma Ltd - Intraday call, PE,EPS,Target


Buy Aurobindo Pharma with a stop loss of 1055 Rs & Intraday target for 1110.

The stock is one of the best in this sector.It is ready for a break out.Long term chats are also very attractive.



Sunday, October 3, 2010

2010 Paris Motor Show - Jaguar, Lotus, Audi, Lamborghini, Ferrari, Fisker, Porsche, Maserati, Renault, Bugatti, Citroen, Lotus, Ford, Range Rover



Jaguar C-X75

Jaguar C-X75

780hp, 1,180lb ft of torque, a 560-mile range with 68 miles possible on battery power alone. Utterly jaw-dropping.

Lotus Esprit

Lotus Esprit

The Esprit is equipped with a 5.0-litre forced-induction V8 meaning 620hp, 0-62mph in 3.4 seconds and 205mph flat out. Yowzer. Expect a production version around 2014, when it will be up against the likes of the Ferrari 458 and McLaren MP4-12C, both of which will be in mid-life by then.

Audi Quattro concept

Audi Quattro concept

This 'quattro concept' is the most aggressive thing to come out of Ingolstadt since the flame-spitting, rally dominating original. 408hp from a five-cylinder turbo, spectacular looks and all-wheel drive.

Lamborghini Sesto Elemento

Lamborghini Sesto Elemento

The Lamborghini Sesto Elemento concept weighs just 999kg and is powered by a 570hp V10. Which means you'll almost certainly be needing the emergency services - not least to put out the scorched tarmac as it rockets from 0-62mph in just 2.5 seconds. This car is carbonfibre to the very max.

Ferrari 599 SA APERTA

Ferrari 599 SA APERTA

Ferrari 599 SA APERTA. Except you can't, because all 80 examples of this 670hp roadster have already been sold - at 'more than' £350,000 a piece. 208mph top speed, 0-62mph in 3.6 seconds and sensational looks suggest it's worth every penny. Deliveries begin later in 2010.

Fisker Karma

Fisker Karma

The twin electric motors and 2.0-litre turbo petrol combine to deliver 663hp and a socking 960lb ft of torque. That's more muscle than a standard Bugatti Veyron. Since Fisker is claiming 100mpg and 85g/km CO2

Porsche Speedster

Porsche Speedster

911 GTS - 408hp and absolute bargain from £76k. Comparatively speaking. On the other the 911 Speedster - 408hp and £144,000. Such is difference between a run-out special and a car that bears the weight of history.

Maserati GranTurismo MC Stradale.

Maserati GranTurismo MC Stradale

Maserati has taken the elegant slab of evil that is the GranTurismo, and attacked it with a highly functional aerodynamic bodykit and a whole truckload of racing parts. The resulting MC Stradale - that's Italian for 'Maserati Racing Road' - has 450hp, will top 186mph

Renault DeZir

Renault DeZir

Renault DeZir deserves a mention not for looking like a French Audi R8 with crazy doors, but because the designers say it's been influenced by the idea of an 'amorous encounter'. So, it's actually sex on wheels. Super-lightweight Kevlar construction and 150 electric hp means 0-62mph in 5.0 seconds.

Bugatti Veyron SuperSport

Bugatti Veyron SuperSport

Bugatti Veyron isn't new. But the SuperSport version is the undisputed Fastest Car In The World, and this is the first real chance for us to see it. 1,200hp - count 'em - and an officially verified top speed of 268mph

Range Rover Evoque

Range Rover Evoque

Evoque is a stunning concept that's somehow made production reality. The only question is why did it take them so long? Deliveries start around summer 2011. A five-door version will be unveiled later in 2010

Renault Twizy

Renault Twizy

Renault Twizy concept. But it seems the joke is on us - this four-wheeled all-electric scooter with a roof is really going to be built! Surely some kind of mistake? Apparently not... We're still not sure if they're serious though.

Citroen DS4

Citroen DS4

C4 is dull and uninspiring, the DS4 is the next stage in Citroen's parallel range of premium cars. Usefully green, stylish and skilfully balancing a hint of SUV aggression with genuine practicality it's a bold spin on a familiar theme.

Lotus Elan

Lotus Elan

Elan for its 911-chasing performance, scalpel sharp lines and revival of one of Lotus's most iconic names.

Ford Focus

Ford Focus

C-Max - based on the same platform - has whetted our appetites. And we're looking at the new Focus with renewed excitement.

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Forbes list of the 25 richest people in India : RIL Chairman Mukesh Ambani tops Forbes list of India's richest third year in-a-row


New Delhi: RIL Chairman Mukesh Ambani has topped Forbes magazine's list of the 100 richest Indians for the third year in-a-row, pipping billionaires like L N Mittal and Azim Premji with a net worth of $27 billion.


The following is the Forbes list of the 25 richest people in India:

Rank - NameNet Worth - (in $ bn)

1 - Mukesh Ambani - 27

2 - Lakshmi Mittal - 26.1


3 - Azim Premji - 17.6


4 - Shashi & Ravi Ruia - 15


5 - Savitri Jindal - 14.4


6 - Anil Ambani - 13.3


7 - Gautam Adani - 10.7


8 - Kushal Pal Singh - 9.2


9 - Sunil Mittal - 8.6


10 - Kumar Birla - 8.5


11 - Adi Godrej - 7.5


12 - Pallonji Mistry - 6.9


13 - Anil Agarwal - 5.5


14 - Dilip Shanghvi - 5.2


15 - Shiv Nadar - 4.7


16 - Malvinder & Shivinder Singh - 4.2


17 - Kalanithi Maran - 4


18 - G M Rao - 3.5


19 - Uday Kotak - 3.4


20 - Anand Burman - 3.2


21 - Indu Jain - 3.1


22 - Rahul Bajaj - 3


23 - Subhash Chandra - 2.9


24 - Micky Jagtiani - 2.8


25 - Venugopal Dhoot - 2.65

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