Indian Stock Market

Google Phone Launch on Tuesday.
No indian launch date given

IRB Infrastructure-Initiating Coverage- 241209[1].pdf IRB INFRASTRUCTURE RESEARCH REPORT
BIRLAA.COM

Apple iSlate India .

Apple has chosen this name for their new tablet pc to be launched soon.

This could be a speculation too. So many rumours are spreading in net now. Whether islate would be true is anybody’s guessing .

New product launch from Apple will give a new boost to tablet pc market .

Will post more Apple islate India news.

Apple may launch NETBOOK ON Jan 26. Apple has booked space for product launch .

Apple used the Yerba Buena Center last September when it hosted an iPod event that featured the first public appearance by Chief Executive Steve Jobs following his return from medical leave. medic

Aircel sells tower infrastructure business and broadband infrastructure to GTL infrastructure. Each tower is valued at Rs.48.5 lakh .

Aircel is owned by Maxis Telecom Malayasia. Aircel is the 7th largest Telco in India by subscribers .

Reliance industries finds 3rd gas in Krishna Godavari region. Holds 90% interest in this field

Dainik Bhaskar IPO Allotment status.

Dainik Bhaskar IPO is successful to a great etent , so one can expect good listing gains.

Dainik Bhaskar IPO Allotment status will be updated here soon

There have been rumours in Tech sites , Blogs about Apple Tablet PC . There are strong reports that Apple will launch Tablet PC in 2010. This time Apple may target developing countries like India , China too. Price should be competitive to suite Indian Market. Price expectations are widely speculated. But it should be less than 300$ to make it a mass product like iPod.

Will post more updates about launch in India , price , availability and reviews .

Patel Engineering Works road construction order in Ethiopia.

Patel Engineering Works has bagged a nearly 1 bn USD order for constructing a 350-km highway connecting
Djibouti border to Ethiopia, Consulate General of Republic of Djibouti, in India, Mohamed Idris Saban said.

“Patel Engineering Works has bagged the order. The work which commenced six months ago is being carried out on Build-Operate-Transfer basis, Saban told reporters here yesterday.

HRD and CO, another Mumbai firm, has been given an order for a geo-thermal energy project in Djibouti. It was a power purchase agreement, Saban said.

“We are also looking at tie-ups with Indian computer-education firms like NIIT and Aptech to start such institutes in Djibouti and are looking at student-exchange programmes. We have almost 750 students in India from Djibouti”, he added.

Orchid chemicals loses its GEM to Hospira.

Gemini comm bags 500 crore BSNL order

Manganese Ore India IPO .

Government is planning to launch an IPO for Manganese Ore India ltd.

Indian Government owns 81% in this company and MP and Maha Govt own 9% each.

Reason for Issue:

The company needs to invest heavily in value addition, beneficiation and upgradation techniques, the ministry official said. The company had signed an agreement with Steel Authority of India Ltd last year to set up a 1 lakh tonne per annum ferro alloy plant in Bhilai in Chhatisgarh

All other details will be put up

Vijay Shanthi Builders to launch PARK AVENUE project worth Rs 200 Crores

Vijay Shanthi Builders Ltd has announced that the Company is all set to launch its new Affordable Housing Project called Park Avenue, in mid January 2010. The majestic project is located at No.3, Vengadamangalam Road, Kandigai, Mealakottaiyur, Kelambakkam, Chennai- 600 048, comprising of approximately 8,16,500 sq. ft of saleable area.

The Project value of Park Avenue amounts to about Rs. 200 Crores. The project is a select combination of an array of about 950 apartments and about 20 villa homes. A sophistication of the blend of best crafted amenities makes Park Avenue an unbelievable package. The amenities include Departmental stores, multipurpose hall, recreation hall, indoor games, gym, aerobics/ health club, creche, parlour, water bodies, walk way, O.A.T, Gazebos, Children’s Play Area, Park, Elder’s Park, Skating Rink, and Landscaped Spaces.

Praj Industries ties up with Novozymes on Advanced Biofuels

PRAJ Industries , a leading company in biofuel technology and plants, and Novozymes, the leading enzyme provider to the biofuel industry, have decided to collaborate on advanced biofules. Together, PRAJ and Novozymes will optimize the enzymatic hydrolysis processes and the use of enzymes in the production of advanced biofuel. The collaboration agreement was signed in Copenhagen by Pramod Chaudhari, Chairman of PRAJ and Steen Riisgaard, President & CEO of Novozymes A/S, to mark the climate change summit in Copenhagen. Pramod Chaudhari and Steen Riisgaard are both attending the 15th United Nations Climate Change Conference (COP15) taking place in Copenhagen from December 7 to 18, 2009. The two companies have worked together for several years within conventional biofuels.

On the occasion of signing the collaboration agreement Mr. Pramod Chaudhari, Chairman, Praj Industries said, “PRAJ is engaged in pilot trials of advanced biofuels at our PRAJ-Matrix innovation center in India. We have been working with various agri-residues, including sugarcane bagasse, corn cobs, straw, wood chips and grasses. Our progress in cellulose-to-ethanol processing combined with the experience of Novozymes in this are is a significant development which will enable a significant reduction in the cost of enzymes for the production of cellulosic ethanol.”

“Novozymes’ strong commitment to sustainable biofuels and not least to developing enzyme technology for the commercial production of cellulosic biofuel is well known. We believe this collaboration with PRAJ will be instrumental in ensuring rapid deployment of cellulosic biofuel in India as well as in other parts of the world,” said Steen Riisgaard, President & CEO of Novozymes A/S.

India and other countries that have been working to develop and to deploy biofuel will see clear benefits, from job creation in rural areas to improved energy security. The world will benefit from significantly reduced CO2 emissions in the transport sector, which today is the second largest and fastest growing source of CO2 emissions.

Godrej Properties IPO has seen good Subscription figures.It has got over Subscribed the very first day of opening. Market has placed Godrej in the league of Unitech , DLF as the company has a good business model.

Retail Portion will see only reasonable interest. One can expect Allotment very easily. Allotment status and Alocation chances will be posted here as soon as available.

Listing date , Price and others .