Posted Nov.30, 2009 in Telecom
Uninor GPRS Tariff Setting Plans
Uninor has just now commenced its GSM Services in India.
Soon it will be launching value added services.
GPRS / EDGE will be the main stay for the company as it does not have 3G spectrum .
Uninor is a JV between Unitech wireless and Telenor.
Posted Nov.29, 2009 in Indian Stock Market
L&T ties up with NPCIL to make forgings for n-plants
Posted Nov.26, 2009 in Indian Stock Market
NOVA MEDICAL IPO.=A0 company runs a chain of day care surgery centers.= =A0 Doctors are co investors in hospitals run by it
Posted Nov.24, 2009 in Ipo
BSE IPO.
Bombay Stock Exchange is planning to launch an IPO soon. This news is not confirmed.
It will be interesting to see BSE Stock Listed in BSE .
Individual Investors can bu shares in a stock Exchange .
BSE is the oldest exchange in India and has the most number of companies listed .
Posted Nov.23, 2009 in Reliance
Reliance to gain by Lyondel Basell
If Reliance can close the acquisition at around $12 bn then this will be an attractive proposition: Neil Beveridge
Posted Nov.23, 2009 in Reliance
The proposed acquisition of LyondellBasell by Reliance, if it goes through, will be a winning bet for RIL as the company has enough cash reserves to fund the deal, which in turn will further boost its core businesses, say experts.
Shares of RIL surged as much as 4 per cent today and witnessed an intra-day high of Rs 2,205 on the Bombay Stock Exchange.
Posted Nov.22, 2009 in Indian Stock Market
TESLA IPO . US is going to see an AUTO IPO after so many years.=A0 TESLA= is an electric car maker famous for its ROADSTER Car.=A0 The car costs Rs.= 50 lakhs .
Company is readying offer documents . Expect this ipo in next few weeks.= =A0
Posted Nov.22, 2009 in Reliance
India’s Reliance Industries is offering about $12 billion to buy a controlling interest in bankrupt chemical company LyondellBasell Industries to create one of the largest petrochemical firm in the world, two sources with direct knowledge of the deal said.
On Saturday Lyondell Basell said Indian energy giant Reliance Industries has made a non-binding cash offer to buy a controlling interest and the offer represented a potential alternative to its previously filed reorganisation plan to emerge from Chapter 11 bankruptcy.
Reliance said it had made a preliminary non-binding offer to acquire, for cash, a controlling interest in LyondellBasell upon its emergence from Chapter 11.
The company is aiming to attain global scale for its conventional energy platform — petrochemicals, refining and oil and gas exploration — and invest in its new businesses such as retailing and alternative energy, chairman Mukesh Ambani said this week at the company’s annual meeting of shareholders.
Posted Nov.18, 2009 in Indian Stock Market
Allied Digital.pdf Allied Digital Research Report November 2009
Posted Nov.18, 2009 in Indian Stock Market
Alok Industries.pdf Alok Industries November 2009 Research Report
Posted Nov.18, 2009 in IT
NTT and Patni Computers in Deal
NTT and Patni computers are in talks for a deal for a Buyout.
Posted Nov.18, 2009 in Petroleum
Petronet LNG to get 10% stake in ONGC Petro additions Ltd (OPaL)
Gas importer Petronet LNG has shown interest in buying up to 10 per cent of a petrochemical project to be set up by ONGC Petro additions
Ltd (OPaL), a senior Oil and Natural Gas Corp official said.
“ONGC’s board will decide on the matter,” A K Balyan, ONGC’s director for human resources said on Wednesday.
Posted Nov.18, 2009 in Power
Suzlon RE Power wins US wind turbine order
Suzlon Energy said on Wednesday that its German unit REpower Systems has signed a contract to supply wind turbines with a total
capacity of 18.45 megawatts to US firm Heritage Sustainable Energy LLC.
Suzlon owns a majority stake in REpower, Germany’s third largest wind turbine maker. REpower’s US subsidiary clinched the deal.
The contract also provides an option to supply another 10 turbines with total capacity of 20 MW to the US firm.
The company did not disclose financial details of the order.
The turbines under the current order are expected to be installed by the third quarter of 2010, Suzlon said in a statement.
Posted Nov.18, 2009 in Hotel
The Gateway Hotel – Indian Hotels Company ( TATA )
Tata group-promoted Indian Hotels Company (IHC) is planning to open 30 more hotels of its mid-segment premium brand ‘The Gateway Hotel’
chain by 2015, a senior company official said.
Presently, there are 20 Gateway Hotels across the country.
“This is our upscale chain. We are planning to open 13 hotels by 2012 and then scale-up operations to 50 by 2015 across the country,” Gateway Hotel’s Director (Operations), Monica Lakhmana, told PTI on the sidelines of a conference here.
The Gateway Hotels are positioned above IHCL’s economy brand `Ginger’ and below the Residency and Taj brands and would cater to a pan-India network of hotels and resorts offering all key services at competitive prices.
“We are looking at Tier II and other smaller cities as they are growing and also plan to expand in places that attract more tourists,” she said.
Of the 20 hotels under this brand, 16 hotels belong to IHCL and were rechristened as Gateway Hotel. However, the other four were new constructions.