Today morning, when I picked up Economic Times, something which was long awaited was there on the front page as headlines – ‘TCS signals hard times, nips staff salaries’. As soon as I read this, I gave a call to one of my engineer friend who is working with TCS and I was amazed to [...]
Archive for January, 2008
Honeymoon period comes to an end for IT industry in India
At last a breather for CFA US Students !!!
Now atleast Indian students can appear for exams which will be conducted outside India. I am so happy !!! A great respite… Notification from CFA US. As you know, because the CFA Program is not registered with the AICTE, CFA Institute has not been accepting CFA Program registrations from within India. Earlier this month, we [...]
Q3 Analyst Call !!!
Q3 results of companies have started coming in. For those who wish to listen to analyst call of Idea Cellular Limited may dial under mentioned digits. The Conference call is being hosted by Citigroup and will be initiated with a short discussion on the Q3 FY’08 results. Dial in Replay number – 022 – 6776 [...]
Saare Zameen Par – Produced, directed & acted by Ambani Brothers!
Yesterday night I received a message from one of my friend on my cell phone which read like this – Latest Blockbuster movie “Saare Zameen Par”, premiere on BSE and NSE, produced, directed and acted by Ambani Brothers! Jokes apart, if such a movie comes out I don’t have the slightest of doubt that it [...]
IPO dilemma – Reliance Power / Future Capital
Last year 112 stock got listed on Indian bourses and out of every 10 IPO listed on stock exchange 3 gave a return of more than 100%, five outperformed sensex and 3 are trading a loss of issue price. Primary market is luring retail investors like never before and paying a smart risk free return [...]
India’s one lakh car – From Ratan Tata’s dream to reality
When Mr. Ratan Tata expressed his intention for the first time about making a people’s car which would cost just one lakh, his critics mocked at him calling his idea as naïve. They even went to the extent of saying that in a minuscule amount of one lakh, car may be designed with curtains in [...]
Birla Sun Life Special Situation Fund
Indian economy is growing at an average rate of ~ 8.6% since last four years. We started from ~ 14K so far as sensex is concerned and closed the year with 20K which depicts a whopping rise of 47%. Indian share market is the most favored destination for Foreign Investors, Private Equity, Individual Investors and [...]
Negative List for Service Tax
We started with three services in 1994 when Service Tax was imposed for the first time. As of today, there are 97 services under the net of services tax and every year they keep on increasing. Service tax is one of the major sources of Indirect tax for government and since inception, every year when [...]
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