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EasyRenting introduces verified listing of property

Written By Unknown on Kamis, 09 Mei 2013 | 18.00

With verified listing of property, now it is easier and more secure to rent an apartment, flat or house in Delhi, Noida, Bangalore and other major cities across India. Read on to know more

For students or working professionals who require rented apartments, houses or flats in major cities across India, online search offers a better option. In an ideal property renting site, one can find the exact location of the property with transport facilities along with price listing of each property. EasyRenting possesses all these features and offers convenient search for prospective tenants and they are currently offering the extra advantage of verified listing.

With the launch of verified listing service, EasyRenting has added a new dimension to the concept of online search for rental property in a preferred location. Now, their team goes to the exact location, conducts a video shoot of the property and then the video is uploaded on their site. This helps the prospective tenant conveniently get a clear view of any property before taking any decision.

It has been seen that listing with good images gets a greater number of bookings. It is indeed great when a house owner can offer a virtual tour of his apartment house or flat which he is letting out on rent. Vibha Sridhar, CEO of EasyRenting confirms,

"When a potential guest can virtually see and get a feel of the property, it builds faith and arouses greater interest. So, house owners who intend to let out their property for rent in major cities across India can get an edge with space listings that incorporate clear videos. We are sure that this service will benefit property owners as well as seekers who intend to rent apartments, houses or flats across India."

Tenants always look out for convenience, comfort and security when they rent an apartment. EasyRenting makes it easy to search for a property by impressive and verified listings that create a win-win situation for the tenant and the property owner. Landlords and tenants looking to rent a house in Delhi, Gurgaon or Noida can contact at 0120-421-3284 (Mon- Fri between 10 am to 6 pm) or reach through email at customercare@easyrenting.com .

Also read: Godrej Properties Q4 net up 33.7% to Rs 53.2 cr

About EasyRenting:

EasyRenting is an online rental property services company offering students and professionals with genuine property listings at the click of a mouse. They help property owners effectively list their properties. Tenants conveniently search for a property in their desired location across Delhi- NCR through EasyRenting.



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Atrenta India announces new RD facility in Noida

Atrenta Inc., the leading provider of SoC Realization solutions for the semiconductor and consumer electronics industries, has announced its recent relocation into an expanded R&D facility at A-12 & A-29, Sector-2, Noida, UP. The new facility houses Atrenta's current staff and meets near-term growth requirements, keeping pace with the company's global expansion plan.

The new state-of-the-art facility housed in a plush building exterior inspired by Brandenburg Gate-style architecture will house Atrenta's R&D and administration staff as well as the data center providing support to internal teams worldwide.

"We are delighted to announce the move to a new facility," said Sushil Gupta, vice president and managing director of Atrenta India. "High-class working spaces and better facilities in the new building provide a supportive atmosphere for our R&D and other teams as we focus on product development and expansion."

"Atrenta is truly a world-class company with top semiconductor and consumer customers, thousands of users, dozens of partners and sales and service locations around the world," said Dr. Ajoy Bose, chairman, president and CEO of Atrenta. "I am pleased that we have been able to build a top-notch organization while growing at a consistent pace over the years. This new facility will provide the right environment for developing industry-leading products and expanding our solutions."

Also read: See consumer durables growing at 20% in 2013-14: Videocon

About Atrenta

Atrenta's SpyGlass® Predictive Analysis software platform significantly improves design efficiency for the world's leading semiconductor and consumer electronics companies. Patented solutions provide early design insight into the demanding performance, power and area requirements of the complex system on chips (SoCs) fueling today's consumer electronics revolution. More than two hundred companies and thousands of design engineers worldwide rely on SpyGlass to reduce risk and cost before traditional EDA tools are deployed. SpyGlass functions like an interactive guidance system for design engineers and managers, finding the fastest and least expensive path to implementation for complex SoCs.

SpyGlass from Atrenta: Insight. Efficiency. Confidence. www.atrenta.com

© 2013 Atrenta Inc. All rights reserved. Atrenta, the Atrenta logo and SpyGlass are registered trademarks of Atrenta Inc. All others are the property of their respective holders.

This press release contains forward-looking statements. Atrenta disclaims any obligation and does not undertake to update or revise the forward-looking statements in this press release.



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What slowdown? Investment recovery underway: Credit Suisse

Moneycontrol Bureau

Contrary to the belief that capex cycle in India will further weaken in FY14, consultancy firm Credit Suisse is of the opinion that investment is only set to pick up from here, even when the market remains bearish on the same.

There is very little evidence to prove that companies postpone capex programme on the onset of elections, says Credit Suisse's Robert Prior-Wandesforde in his latest report. While giving instances of how investments grew in anything between 7 percent to 18 percent year-on-year during election years between 1998-2009, he wonders why corporates don't reveal investments made in election years.

Gross domestic capital formation (GDFC) which includes expenses made by households, entrepreneurs and government and collectively adds to the fixed capital stock of the country, is seen growing 6 percent YoY from  -4.6 percent in the June quarter of 2012, says the report.

Continuous tightening of rates by the Reserve Bank of India has also not significantly impacted investment trends. For instance in the past few years, despite interest rates being on the higher side, investment never declined, the report says.

Wandesforde points out an interesting fact that investment recovery generally begins with small and medium sized companies. This goes unnoticed as most analysts communicate with bigger companies to get an update on capex programmes

Production of capital goods, which is an indicator of growth is also trending higher from mid 2012 levels pushing growth, the report says.

"While the age old relation between capacity utilization and GDP growth holds true, it is equally correct that capacity utilization rises in tandem with stronger capex growth," says the report

Read This: Why choosing the right investment strategy is important



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Not Ashwani, not Bansal, it is the PM who needs to go

R Jagannathan
Firstpost.com

The Supreme Court has come a long way from the time it wanted to give every benefit of doubt to the Prime Minister (in the 2G scam) to yesterday's sharp tongue-lashing to the Central Bureau of Investigation (CBI) for becoming the government's "caged parrot".

In February 2011, the court blamed the PMO rather than the PM himself for not allowing Subramanian Swamy to prosecute A Raja in the 2G scam. "Unfortunately, those who were expected to give proper advice to Respondent No 1 (the PM) and place the full facts and legal position before him failed to do so. We have no doubt that if Respondent No 1 had been apprised of the true factual and legal position regarding the representation made by the appellant (i.e. Subramanian Swamy), he would surely have taken appropriate decision and would not have allowed the matter to linger for a period of more than one year."

Yesterday, the Supreme Court gave PMO officials a kick in the butt, but this time the kick could not but have brushed past the PM's posterior. In allowing the PMO's officials to have access to its status report on the coal blocks scam, and following the changes made in it at the instance of the law ministry, the court said the CBI had allowed the " heart of the report " to be changed.

The heart of the report that got changed is about protecting the heart of the government the PM himself.

"The latest events show that the CBI has become a caged parrot, speaking in its masters' voice. It is a sordid saga that it is one parrot with many masters. It is very strange that instead of interrogating them, it was busy interacting with the officers of the coal ministry and the Prime Minister's Office. CBI should know how to stand up to all pulls and pressures. Yours was an act of indiscretion," the bench told the CBI.

That the PMO would not do silly things unless it was trying to protect its boss is implied in this statement though obviously the Supreme Court won't say it.

However, it is difficult to escape the conclusion that the court was willing to use hurtful words but not really keen to drive the knife in and say the PM should have been investigated. In part, this reticence comes from natural caution about not straying into the executive's domain. The court can act against illegalities and flouting of constitutional norms, but it cannot tell the government what to do with its ministers whether it is an Ashwani Kumar, the Law Minister who tried lying to the court to protect the PM, or Pawan Kumar Bansal, the Railway Minister whose nephew has been busy promising people better jobs in the Railway Board for a little consideration.

To be sure, the targeting of Ashwani Kumar and Pawan Bansal is like shooting at decoys.

Both these ministers were given their posts at the instance of the Prime Minister, but that is not the reason the PM and the Congress party is still sticking to them. After the Supreme Court's thundering observations about the CBI, neither minister has the moral authority to remain in office.

But the real issues are these:

The person Ashwani Kumar was trying to protect while doctoring the CBI's Coalgate report was obviously the PM. The Supreme Court's observation that the minister and law ministry officials had changed "the heart of the report" was essentially referring to the deletion of crucial paragraphs in the report that talked about the period 2006-09, the time during when the PM was himself Coal Minister.

The court said: "Everybody seems to be keen only on perusing and suggesting changes in PE-2 (preliminary enquiry-2). There could not be direct evidence in such matters and a large part would be based on inferences. But you accept changes suggested to you. It was an absolute mistake on your part and you should now admit your fault instead of justifying it that you had reasons to accept these changes," reports The Indian Express quoting the bench's stern advice to CBI.

This is the only reason why Ashwani Kumar himself is important.

Removing Ashwani Kumar means the finger will point directly at the PM in Coalgate. This is also the reason why the Joint Parliamentary Committee won't even call A Raja to take the witness box. It would again lead to questioning the PM's role in the earlier scam, the 2G one.

Another interesting dimension comes from a report, quoting sources, that says that Sonia Gandhi would like Bansal and Ashwani Kumar to quit .

Two points need to be made here:

If this is really what Sonia wants, why not make the statement in public? Or why not ask the two to quit in private? Action would work as well as words,

Or, is she trying to throw a hint to the PM, indirectly, that these two can go? And if this is so, why is the PM hesitating to take the hint?

The short answer maybe this. Letting Ashwani Kumar go leaves the PM directly in the line of fire. And leaving the PM in the line of fire means Sonia is immediately behind and vulnerable. After all, who believes that the PM does anything without keeping Sonia in the loop? This is why Sonia may want to hint indirectly to Manmohan Singh rather than directly.

Clearly, it is the PM who needs to go, and not only Ashwani Kumar. The Supreme Court came as close to making that call as constitutional propriety would allow it.

It is now for the PM to act and make a graceful exit.

The writer is editor-in-chief, digital and publishing, Network18 Group



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Buy Rel Comm, Unitech, Essar Oil: Saurabh Mittal

Written By Unknown on Rabu, 08 Mei 2013 | 18.00

In CNBC-TV18's popular show Bull's Eye, Saurabh Mittal of Swadeshi Credits shares his trading strategies for the day.

Buy Reliance Communications with a target of Rs 116 and a stop loss of Rs 110.

Buy Unitech , which I retain from yesterday with a target of Rs 30.50 and a stop loss of Rs 28.50.

Buy Essar Oil  with a target of Rs 84 and a stop loss of Rs 78.

Buy on Tata Global Beverage with a target of Rs 153 and a stop loss of Rs 146.



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MCX Goldm June contract trades higher

MCX GOLDM June contract was trading at Rs 26788 up Rs 58, or 0.22 percent, at 14:51 hrs. The GOLDM rate touched an intraday high of Rs 26845 and an intraday low of Rs 26743. So far 17842 contracts have been traded. GOLDM prices have moved down Rs 3353, or 11.12 percent in the June series so far.

At 14:51 hrs MCX GOLDM July contract was trading at Rs 26908 up Rs 53, or 0.20 percent. The GOLDM rate touched an intraday high of Rs 26975 and an intraday low of Rs 26872. So far 964 contracts have been traded. GOLDM prices have moved down Rs 3092, or 10.31 percent in the July series so far.

At 14:38 hrs MCX GOLDM August contract was trading at Rs 27100 up Rs 48, or 0.18 percent. The GOLDM rate touched an intraday high of Rs 27160 and an intraday low of Rs 27058. So far 138 contracts have been traded. GOLDM prices have moved down Rs 250, or 0.91 percent in the August series so far.



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Silver Rates Today: Updates on Silver prices

Silver rates for 1 KG gained in major metros in India. MCX SILVER July contract was trading at Rs 44690 down Rs 171, or 0.38 percent. The SILVER rate touched an intraday high of Rs 45097 and an intraday low of Rs 44641.

Mumbai 

Spot silver 999 prices gained by Rs 290 at Rs 46210  per one kilogram

Ahmedabad

Spot silver 999 prices gained by Rs 5 at Rs 45220 per one kilogram

Chennai

Spot silver 999 prices tumbled by Rs 500 at Rs 45000 per one kilogram

Delhi

Spot silver 999 prices surged by Rs 400 at Rs 45700 per one kilogram

Jaipur

Spot silver 999 prices rose by Rs 300 at Rs 45500 per one kilogram



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Buy Bata, Glenmark Pharma, Apollo Tyres: Prakash Diwan

In CNBC-TV18's popular show Bull's Eye, Prakash Diwan of Prakash Diwan's Wealth Circle shares his trading strategies for the day.

Long on Bata India with a target price of Rs 809.90 and a stop loss of Rs 759.90.

Long on Glenmark Pharma with a target price of Rs 535 and a stop loss of Rs 505.

Long on Apollo Tyres with a target of Rs 103.50 and a stop loss of Rs 97.50.

Long on Future Retail with a target price of Rs 161 and a stop loss of Rs 151.



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Beryl Securitie standalone Mar '13 sales at Rs 0.13 crore

Written By Unknown on Selasa, 07 Mei 2013 | 18.00

May 07, 2013, 04.17 PM IST

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Beryl Securitie standalone Mar '13 sales at Rs 0.13 crore

Beryl Securities has reported a sales standalone turnover of Rs 0.13 crore and a net profit of Rs 0.02 crore for the quarter ended Mar '13

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Beryl Securitie standalone Mar '13 sales at Rs 0.13 crore

Beryl Securities has reported a sales standalone turnover of Rs 0.13 crore and a net profit of Rs 0.02 crore for the quarter ended Mar '13

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Beryl Securities has reported a standalone sales turnover of Rs 0.13 crore and a net profit of Rs 0.02 crore for the quarter ended Mar '13.
For the quarter ended Mar 2012 the standalone sales turnover was Rs 0.12 crore and net profit was Rs 1.10 crore..
Beryl Securitie shares closed at 8.20 on May 03, 2013 (BSE)
Beryl Securities
Standalone Quarterly Results -------- in Rs. Cr. --------
Mar '13 Dec '12 Sep '12
Sales Turnover 0.13 0.16 0.15
Other Income -- -- --
Total Income 0.13 0.16 0.15
Total Expenses 0.10 0.10 0.09
Operating Profit 0.03 0.06 0.06
Profit On Sale Of Assets -- -- --
Profit On Sale Of Investments -- -- --
Gain/Loss On Foreign Exchange -- -- --
VRS Adjustment -- -- --
Other Extraordinary Income/Expenses -- -- --
Total Extraordinary Income/Expenses -- -- --
Tax On Extraordinary Items -- -- --
Net Extra Ordinary Income/Expenses -- -- --
Gross Profit 0.03 0.06 0.06
Interest -- -- --
PBDT 0.03 0.06 0.05
Depreciation -- -- --
Depreciation On Revaluation Of Assets -- -- --
PBT 0.03 0.06 0.05
Tax 0.01 0.01 0.01
Net Profit 0.02 0.05 0.04
Prior Years Income/Expenses -- -- --
Depreciation for Previous Years Written Back/ Provided -- -- --
Dividend -- -- --
Dividend Tax -- -- --
Dividend (%) -- -- --
Earnings Per Share 0.03 0.09 0.09
Book Value -- -- --
Equity 5.07 5.07 5.07
Reserves -- -- --
Face Value 10.00 10.00 10.00
Source : Dion Global Solutions Limited

From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'

The latest earning numbers FIRST on CNBC-TV18


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Largecaps lift Nifty past 6000, Sensex rallies 215 points

16:17

Moneycontrol Bureau
Investors kept up their buying spree Tuesday, lifting benchmark indices to three month high, and pushing the Sensex closer to the psychological 20,000 mark. The Nifty closed above its key technical level of 6000, raising hopes this could encourage further buying.

Large cap shares were the flavour of the day, while buyers were choosy about midcaps and awaiting more clarity in terms of earnings.

The Sensex closed at 19888.95, up 215.21 points over the previous close. The Nifty rose 72.50 points to close at 6043.55.

FMCG, banking, auto and realty were the best performing sectors of the day, as the upbeat mood in global markets rubbed off on India as well.

Falling commodity prices, especially those of gold and oil, have been the key driver of the rally in Indian shares over the past three weeks. Foreign funds have net bought around Rs 2600 crore of Indian shares in the first two trading sessions of this month, compared to around Rs 5100 crore for the whole of last month.

"The market's love for 'quality' (defined as high ROE, low capex, low beta, high FCF and low financial gearing) is waning at the margin in favor of growth although the market is still not chasing beta," brokerage house Morgan Stanley said in its strategy note.

ITC, HDFC Bank, ICICI Bank, Tata Motors, Bharti Airtel, Reliance Industries and Larsen & Toubro were the key gainers in the Sensex, rising between 1-3 percent.

Coal India, Wipro and Mahindra & Mahindra were the key laggards, down between 1-2 percent.

Brokers said the pace of the rally was surprising considering that the economy was yet to show any clear signs of recovery.

The HSBC Services Purchasing Managers' Index for India, based on a survey of around 400 companies, fell to 50.7 in April, its lowest since October 2011.

And while RBI cut repo rates by 25 basis points on Friday, it warned that risks from rising inflation and a widening current account deficit could limit further rate cuts.

Mphasis, M&M Financial Services, Century Textiles and Essar Oil were the big gainers among midcaps, up 6-10 percent.



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