Archive for February, 2010

PVR Chennai : PVR Cinemas Booking Opens on March 5

Pvr cinemas chennai is getting ready and will be thrown open to chennai audiences on March 5 2010.
Satyam cinemas , Mayajaal, Inox , Devi cinemas , sangam cinemas will soon face a big competitor . Satyam is the leader in chennai among multiplexes .
Online Booking / SMS Booking is in almost all Multiplexes in Chennai. [...]

United Bank of India – UBI IPO Allotment Status

United Bank of India – UBI IPO Allotment Status
United bank of India ( UBI ) IPO is the most successful IPO in recent times.
The IPO was over Subscribed by 35 times. Retail Portion was over Subscribed by 10 times , QIP by 47 times , NII by 40 times , Employee quota by .5 [...]

Career Point IPO

Career point , the test preparation company is going to launch an IPO. The company plans to raise Rs.100 crores .
Career Point is based out of Kota in Rajasthan, and provides coaching for entrance examinations for engineering institutions like Indian Institute of Technology (IITs) and medical colleges. Its promoted by Pramod Maheshwari and has also [...]

Thermax ends Purolite dispute

Thermax has brought Purolite dispute to an end.
Its a Rs.175 crore deal.
Water Treatment business accounts for Rs.250 – 300 crores
Company’s Total Order Book size is Rs.5223 Crores

Sachin Tendulkar Hits 200 . Makes India proud

Sachin Tendulkar Hits 200 .
Made India proud

L&T Mutual Fund

L&T Mutual Fund is planning to expand all over india.
L&T had purchased Chola DBS Mutual Fund to enter this business.
Larsen and Toubro paid Rs. 45 crores to get 100% stake.

IPL 2010 matches in 700 screens

UFO Moviez signs up 700 screens for showing IPL
2010 IPL Schedule
News: Indiantelevision
UFO Moviez is going to show IPL Matches in 700 screens.
The exclusive techno-commercial partner for showing the Indian Premier League (IPL) on theatres is UFO Movies.

Adani Kalinga Port – Orissa

Adani is setting up a port project in kalinga in Orissa . It’s going to invest rs.10000 crores. The port will have 16 berths .
Ahmedabad-based Adani Group has shown interest in setting up a port in Orissa with an investment of Rs 10,000 crore, an
official said.
Adani Group officials met [...]

Spicejet to see Kalanithi Maran

Spicejet is going to see a new investor.
Kalanithi maran of sun network will invest Rs.500 crores .
Kalanithi maran is one of the richest man in south India.

Siva ventures and Sahara dream run to end

This news article is taken from VC Circle.
Siva Ventures has sold two-thirds of its stake for a sum of Rs 39.1 crore.
Siva Ventures Ltd, the flagship company of C Sivasankaran’s Sterling Infotech Group, has sold nearly 10% stake in Sahara One Media and Entertainment in an off market transaction. [...]

Tata Motors selling stake in Tata Motors Finance

Tata Motors is selling stake in Tata Motors Finance.
Rumours are that SBI is in fray to get 50% stake in TMFL.
TMFL is the largest financier of vehicles made by Tata Motors with over two million customers financed. A media report had said SBI may pick up a 49% stake in the financing arm.

Indian Govt to help Bharti to seal Zain deal

Corporate Affairs Minister Salman Khurshid today said Indian Govt will help Bharti to seal Zain deal.
“We will be happy to pitch in to compete with the best in the world,” Khurshid said.
Asked about the regulatory roadblocks that the company may face, Khurshid said: “Nothing has been brought to our notice yet. As in the [...]

TATA Motors Global Sales Doubles !

Tata Motors Group global sales grow by 93% in January 2010 to 85714 vehicles
The Tata Motors (NYSE:TTM) Group global sales, comprising of Tata, Tata Daewoo and Hispano Carrocera range of commercial vehicles, Tata passenger vehicles along with distributed brands in India, and Jaguar and Land Rover, were 85,714 nos. in January 2010, a growth of [...]

How to Purchase paid Apps from Android Market from India ?

How to Purchase paid Apps from Android Market from India?
This is the question for which i wanted Answer.
HTC Hero comes through Airtel in India and its not locked to network. Can be used with any network here.
Market App can be accessed by anyone with internet access in phone. But its limited to just free [...]

Bharti Airtel ZAIN Deal updates

Bharti-Zain deal news updates from Economictimes and many sources.
The board of Kuwait’s Zain Telecom has accepted a $10.7-billion (Rs 49,700 crore) offer from Bharti Airtel for the bulk of
its African assets, breathing new life into the Indian company’s cherished ambition of transforming itself into an emerging-market multinational. Sources said that Bharti would acquire 100% [...]