Welcome to news of Madhya Pradesh

Stock Talk Aapke Shaher Mein

Bhopal, Apr 26: CNBC AWAAZ- a Hindi Business and Consumer Channel presented 'Stock Talk Aapke Shaher Mein' in Bhopal on Saturday. This interactive session saw eminent Industry experts and leading practitioners from the field of investment as they answered stock specific queries and the risk and return expectations of various stock options available to the investors in the current market scenario.

The lack of information and understanding of investments in stocks hampers the prospective investor and restricts them from investing in share market. Experts such as Ashu Madan- National Head, Religare Securities and Hitendra Vasudev- Stockmechanics.com shared their insights on stock related queries of the audience.

CNBC Awaaz 'Stock Aapke Shaher Mein' will travel across length and breadth of the country, covering leading mini-metros across the country. The resonant success of this event held earlier this month in Bhopal holds testimony to the need for such a platform.

Commenting on this Neel Chowdhury, Vice President, Marketing CNBC-TV 18 and CNBC Awaaz said, "CNBC Awaaz through its community building initiatives and interactive programming has been able to garner 70% of the market share of the Hindi business news genre. We frequently receive various stock related queries from Investors. Stock Talk Aapke Shaher Mein endeavors to reach out to investors and clear their apprehensions and empower them to make informed decisions by answering their queries"

Birla plans Rs 1200 crore project in MP

Bhopal, Jan 15: Messrs Birla Corporation is planning to establish a Rs 1200 crore project in Madhya Pradesh and sought the state government's assistance for granting mining lease and a coal block in this regard. During his interaction with senior state government officials here yesterday, Birla group's Chairman-cum-Managing Director RS Lodha recalled his 50-year ties with Madhya Pradesh and said his group's 50 percent investment was in this state alone.

The group had already signed a memorandum of understanding with the state government for establishing the new project. Mr Lodha and other prominent industrialists held discussions with Industry Minister Jayant Malaiya during review of MoUs signed at the Investment Meet at Khajuraho and Global Summit at Indore last year. A total of 120 MoUs for investment of Rs 1 lakh crore were signed. Malaiya held out the assurance to give advance possession of government land to the Reliance group for setting up Sason Ultra Mega Power Project. The group had pledged investment of Rs 50,000 crore in the state.
At village Acharpura near the state capital, 175 acre plot of land would be given to the group for setting up Dhirubhai Ambani Technical Institute, official sources said. On the first day of the two-day review, Mr Malaiya held discussions with the representatives of 21 industrial houses, which offered to invest Rs 73,263 crore in the state. Another 33 MoUs are slated to be reviewed today.

Rush for Demat account to get Reliance IPO

Bhopal, Jan 13: With ICICI Bank having announced opening of Demat accounts for free, other banks are only beginning to chase the gold rush of prospective investors wanting to get a share in the lucrative IPO market. According to Prime Database, the Delhi-based market research agency, issues amounting to a good Rs 75,000 crore are expected to come into the market this year. Of this amount, almost Rs 60,000 crore is expected to be raised through initial public offers and the rest through rights issues.

Industry sources expect the forthcoming Reliance Power IPO, which opens of January 15, to expand the universe of investors by at least 40 %. "The spectacular returns of Reliance group companies in the last two years have whetted the investor appetite. More importantly, it has forced a new set of people to consider investor in a Reliance group company in a safe manner. To that extent, the first IPO from the Reliance ADA group is the God-sent opportunity they were waiting for," said a Mumbai-based head of a distribution house.

Potential investors' appetite has been further sharpened by reports of the grey market already putting a 100% premium on the issue. This means that a retail investor is already assured of 100 % returns on listing. Reports from Ahmedabad and Rajkot put the grey market premium at Rs 450 per share.

Elsewhere in Mumbai, bank headquarters have sent out special teams to "hot spots" to tackle the rush of applications for opening Demat accounts, and the expected rush of applications. These hot spots include many cities in Gujarat, Andhra Pradesh, UP and Punjab. "There is a massive relocation underway, as we plan to tackle the rush of applications," the head of a private sector bank in Mumbai said.

Soyabean meal export declining

Indore, Jan 11: Soyabean meal export declined during the third quarter of 2007-08, but export of soya increased in the same period. According to data collected by Soyabean Processers Association (SOPA), oil exports during the first quarter of oil year from October to December 2007 was 12.53 lakh MT as compared to 12lakh MT during the same period last year registering a 4.37 percent growth.

The SOPA release said during the current Oil year, the major significant markets were Vietnam, Japan, Korea, Thailand and Indonesia. This Oil year India has exported 309119 MT to Vietnam, 273660 MT to Japan, 157021 MT to Korea, 122097 MT to Thailand and 120352 MT to Indonesia as against 173455 MT, 124693 MT, 145432 MT, 115351 MT and 247068 MT respectively during last oil year. This shows a marked jump in our exports to Vietnam, Japan and Korea while there is significant drop in exports to Indonesia.
Export of soyabean meal during the quarter ending December'07 was 551382 MT as against 595283 MT during the same period last year showing a decline of 7.37 percent over the last year. This has been to an extent due to non-availability of railway rakes for moving the goods to the ports. The total exports of soyabean meal during April to December'07 is down at 2016450 MT as against 2634678 MT during the same period last year, indicating a decline of 23.46 percent over the last year.

Filofax- the Personal Planner-Organiser Icon
Mumbai: Filofax the world�s leading personal Organiser brand is available in India in select styles and designs. The Organisers are available in multiple sizes, ranging from Mini, Pocket and going to the Personal, Slimline, A-5 and A-4 sizes. With the surge in business activity in India, the need for planning in life has intensified. Professionals in various walks of life and corporate executives need to efficiently plan and manage their business and personal lives. And what better than a fILOFAX Organiser, which caters to an image conscious customer group, who are looking for a combination of utility, packaged with style.
The fILOFAX helps organize ones professional and personal life through a simple concept of loose-leaf pages held together in a stylized ring binder. Made from authentic material like Italian leather, microfibre and denim, it is designed to give years of faithful service. Contrary to prevalent belief, in the age of computers, people continue to have a strong affinity with paper. Findings of a survey of 1,000 top-level professionals/managers conducted by Dr. David Lewis, a well-known psychologist reveals that 69% needed paper in their lives, and the majority found it easier to Plan and Manage data using personal organisers. This behaviour justifies the use of the fILOFAX as �My Mini-Computer�.
Taking a cue from the above, fILOFAX has introduced sizes of Mini and Pocket Organisers. The Mini Organiser is about the size of a audio cassette. The Pocket Organiser is approximately the size of a walkman or ladies wallet. And the Personal Organiser is the size of a small notebook. The fILOFAX Mini, Pocket and Personal Organisers : a Combination of Classic Style and Contemporary Indulgence
The fILOFAX personal Organisers in these sizes are available in a variety of styles. They are lightweight, with papers designed to plan your daily and monthly schedules. Available in premium, lifestyle stores the fILOFAX Organiser is a companion for everyone from a budding professional to a highflying executive, and an Organized homemaker. The fILOFAX personal organiser makes an ideal gift.

Royal Philips Electronics launches water purifier

Mumbai: Royal Philips Electronics today announced its foray into the water purification market. Philips Electronics India Limited, a subsidiary of the Netherlands based Royal Philips Electronics endorsed this announcement by launching the Philips Intelligent Water Purifier, which is a state of the art, advanced UV Water Purifier. Not only does it ensure pure and safe water always but the new range also has features that deliver convenience to the consumers. The launch event was presided by Mr. K Ramachandran, CEO India subcontinent Philips and Mr. Rakesh Sharma, Division Head, DAP (Domestic Appliances and Personal Care).

Announcing the launch, Mr. K Ramachandran said, �This is a very significant launch for Philips India as this is the first time Philips is entering this category globally and India has been chosen as the launch pad.� Emphasizing on the product details Mr. Ramachandran outlined, �The Philips Intelligent Water Purifier will not only ensure the consumer gets absolutely safe water but also takes away the tedium & stress in this chore out of their hands leaving them with time to do more tasks. This is in sync with Philips brand promise of �Sense & Simplicity� where we endeavor to provide our consumers with products that are designed around them, are technologically advanced and yet simple to operate.�

Highlighting the potential present in the Domestic Water purification market, Mr. Rakesh Sharma, Division Head, DAP, said, �According to industry source estimates the current water purifier appliance market is estimated around 450crores and is growing at approximately 14% CAGR. The current penetration in India is merely 2.5 % (5 million households, total amount of households in India: 200 Mn), providing a significant potential for future market growth. Realising this opportunity we decided to enter this market by offering a product which is an innovation in this category.�

�Consumer insight was key to the conceptualization and creation of this innovative product range and through it we intend to provide peace of mind to the consumers. We strongly believe in this product category and as part of our marketing strategy we will embody �Simplicity� in all the relevant consumer touch points such as Experience centers, Customer Relationship Management system, Helpline etc for consumers. We will build on our strong distribution network to ensure that our product is available to people across India.�, he added.

Reliance Communications launches Classic range mobiles

Bhopal: The Reliance Communications announced Classic range of feature rich handsets at prices starting from just Rs 777. While Classic 202 is available at Rs 777, Classic 204 & Classic 203 are available at Rs 844 and Rs 888 respectively. There are no further payments or installments to own these handsets.

SP Shukla, President, Personal Business- Reliance Communications while talking to media persons through video conferencing from Mumbai said, �Through our new Classic range of feature rich handsets, we are confident of extending the benefits of mobility to an entirely new segment of population in metres, small cities as well as rural hinterland of India. Now first time cellular subscribers in India can straightaway go for Reliance Classic handsets rather than buying a second hand phone�

Replying to a query, Shukla said that in a short span of time, Reliance Communications has emerged as the second largest marketing powerhouse for handsets. Reliance markets handsets through its 1500 strong exclusive Reliance Showrooms and over 3 lakh retailers serviced by - nearly 2000 distributors. The total handset sales of Reliance now exceed that of the next 3 handset vendors in the country, he added. He also informed that such handset prices are a first of its kind by any company not only in India, but anywhere in the world.

With over 3 million handsets already sold, Classic has emerged as the 2nd largest selling handset brand in the market. The Classic range of handsets includes Color-FM series, Color display and Black and White display handsets and are supported by an extensive nationwide after sales service network. All Classic handsets are now SIM enabled which allow easy changeover from one model to another while retaining the Reliance SIM card. These introductory prices are valid for a limited period and till stocks last. Mobile subscribers are advised to rush to avail of these great prices.