Jindal Steel and Power today said its subsidiary, Jindal Power , is likely to launch a Rs 7,000 crore initial public offer(IPO) in the next six months.

"We will come up with our IPO within next six months," Jindal Steel and Power Executive Vice Chairman and Managing Director Naveen Jindal said on the sidelines of the India Economic Summit here.

When asked how much money the company plans to raise through the IPO, Jindal said it will be around Rs 7,000 crore.

Commenting on the expansion plans, Jindal said the company plans to increase steel production capacity to 10 million tonnes per annum in three years. At present, the company's output is 3 million tonnes per annum.

The company will also augment its power generation capacity to 6,000 megawatts in three years from 2,000 megawatts at present.

JSPL also said it is investing USD 2.1 billion on a mining project in Bolivia, South America. The company has been granted approvals and 3,000 acres of land to develop the El Mutun iron ore deposit and set up a steel plant in Bolivia's Santa Cruz area.

Name- Rakesh prasad
PGDM -1

Equities were volatile due to lack of buying activity as wary traders stood on sidelines after a sharp correction in previous session. Lack of supportive cues from global peers also kept the bulls under check.

At 1pm; National Stock Exchange’s Nifty was at 6094.35, up 22.70 points or 0.37 per cent. The 50-share index touched a high of 6101.45 and low of 6039.40 in trade so far.

Bombay Stock Exchange’s Sensex was at 20191.80, up 34.91 points or 0.17 per cent. The index touched a high of 20241.48 and low of 20046.60 in trade so far.

BSE Midcap Index was down 0.31 per cent and BSE Smallcap Index moved 0.27 per cent lower.

Amongst the sectoral indices, BSE Realty Index was down 1.66 per cent and BSE Oil&gas Index fell 0.73 per cent. BSE Bankex moved 1.48 per cent higher and BSE IT Index gained 0.66 per cent.

Nifty gainers included Cipla (3.41%), Sesa Goa (2.67%), SBI (2.48%), IDFC (2.37%) and HDFC Bank (2.29%).

Reliance Capital (-3.09%), Reliance Communications (-2.27%), Ambuja Cement (-2.27%), Ranbaxy (-2.07%) and Reliance Infrastructure (-1.80%) led the decline.

Market breadth was negative on the NSE with 1757 declines against 1408 advances.

Name -Rakesh prasad
PGDM -1 

Innovation as the key to commercial success

Knowing today what the market will demand tomorrow is part of the success strategy of innovative companies. Siemens Industry experts take a look to the future and talk about the innovations they expect to see in their respective fields within the next ten years. This ranges from innovative
                                                          NIRAJ KR.
                                                         PGDM 1ST.SEM

Increased safety for the chemical company INEOS Phenol

In the front gardens of Gladbeck lies the production facility of Germany’s largest producer of phenol and acetone. The chemical company INEOS Phenol produces 650,000 tons of phenol a year here. However, standing in front of the tree-lined entrance, the air smells no different than if an insurance company were located behind it, and not a chemical plant. Joachim Pieper, CEO of INEOS Phenol GmbH, explains in a short video statement how safety, quality, and environmental protection come together in his company.

 

                                 niraj kr.

                               pgdm 1sem.sem

Website Marketing Proposals: What To Expect

If you are planning on hiring an outside party to market your company's website, you'll soon discover that there are many providers competing for your business. With all the choices, it's important to know ahead of time about the options that are available. With that in mind, here is information on three of the most common types of website marketing proposals you'll likely come across. Use this information to help you make the right choice when selecting the best marketing provider for your needs.







PIYUSH JOSHI
PGDM-1

Percept/H wins creative mandate of Asmi & Shuddhi Jewels

Gitanjali Group has realigned its creative agency for two of its brands and handed over Asmi brand to Percept/H from JWT India. Percept/H has also been assigned the creative mandate for newly launched Shuddhi Jewels, a joint venture between Gitanjali Group and MMTC Ltd. Commenting on this win Prabhakar Mundkur, Chief Executive Officer, Percept/H said,” It feels great to work with prestigious brands like Asmi & Shuddhi. I am confident that we will continue to deliver communication that...|

                                                niraj kr.

                                               pgdm 1st.sem

Consumers Plan to Use Mobile Phones for Holiday Shopping

The numbers come from the October 2010 U.S. Mobile Consumer Briefing, which was conducted on behalf of the The Mobile Marketing Association and it’s even further proof that mobile marketing is on the rise.
Of those who expected to use their phone to faciliate shopping, 64% said they’re check their phone before going to a store, but only 12% said it would be in response to a  TV, billboard or newspaper ad. What are they using the phones for? To search for locations where a gift is sold and to compare prices were the two most common responses.
The survey’s other key findings include:

• Asians, Hispanics and adults ages 25-34 are the demographic groups most likely to use their phone to a great extent for holiday shopping and celebration planning.
• Thirteen percent of mobile holiday shoppers expect to use their phone to purchase or pay for gifts (13%).
• Movies, music, consumer electronics and books are the top gift types that mobile holiday shoppers thought would be helpful to shop for using a mobile phone.
• Among mobile holiday shoppers, Hispanics and Asians were more likely to think that toys or games would be helpful to shop for with a mobile phone.

Though I do believe that our dependence on mobile phones is rising (my husband forgot his when we went out shopping today and he wanted to go back home to get it), I’d take these results with a healthy dose of skepticism. Not that I think they’re wrong, but I don’t believe that people really know what they’ll use their phones for let alone what kind of gift would be better served. I suspect people responded with the most popular categories for gift buying, the same answer you’d get if you asked them what they buy online or at the mall.
Here’s a quote from the press release that does sum it all up nicely. It’s from Jacqueline Rosales, EVP, Business Development & Client Service of Luth Research;

VARUN KUMAR TIWARI
PGDM-1st Sem

Big F.M. Celebratind Children Day On November-14

New Delhi: Childhood is all about innocence and playfulness. It is also about happiness and freedom. And Children's Day is an occasion to celebrate “childhood”. With Children’s Day just around the corner, 92.7 BIG FM’s Delhi station has planned a special program with the concept BIG Lagayega Class with the Kids. But, in place of the usual one-day celebration on November 14, the station is making it a week-long affair.

Starting November 8 and going on till November 14, 92.7 BIG FM has come up with some hatke plans to celebrate Children’s Week. In this special program while the spotlight will continue to be on the kids, the treatment would be quite out-of-the-box. Instead of focusing directly on the children, the station will put various celebrities to test.

This is one of the rarest occasions on radio when kids Celebrities ki Class Lagayenge! One of the most unforgettable moments from our childhood is when we were cornered in a tight situation, rightly put as, Class lag gayi, and this programming takes us back in time to various such memorable moments – a flashback to some of the carefree days
And while doing all this, 92.7 BIG FM is also focusing on spreading a BIG smile by creating a memorable opportunity for children with special needs and orphans.

A simple idea can turn into a great gift, often with a little love and care. So besides taking children from various NGOs on-air, the radio station will be gratifying these children by treating them and gifting them with a bag full of goodies and special movie screening.

VARUN KUMAR TIWARI
PGDM-1st SEM

RBI takes steps to hike money supply

MUMBAI: In a bid to ease liquidity pressure on the banking system due to a spurt in festival season demand, the Reserve Bank on Tuesday announced special measures to increase money supply in the financial system.

"Scheduled commercial banks may avail of additional liquidity support under the LAF to the extent of up to 1% of their net demand and time liabilities (NDTL) as on the reporting Friday of the second preceding fortnight," RBI said in a statement.

"For any shortfall in maintenance of statutory liquidity ratio (SLR) during November 9 to December 16, 2010, arising out of availment of this facility, banks may seek waiver of penal interest purely as an ad hoc, temporary measure," the central bank said.

ROHIT KALIA

PGDM 1ST  SEM

Domestic car sales up 38%, bikes 43% in October

NEW DELHI: Domestic passenger car sales jumped by 37.99 per cent to 1,82,992 units in October compared to 1,32,615 units in the same month last year.

According to the figures released by the Society of Indian Automobile Manufacturers (SIAM) today, motorcycle sales in the country during the month grew by 43.31 per cent to 8,76,810 units from 6,11,828 units in the same month last year.

Total two-wheeler sales in October increased by 50.38 per cent to 11,27,827 units from 7,49,965 units in October 2009.

Sales of commercial vehicles jumped by 18.17 per cent to 50,835 units from 43,018 units in the year-ago period, SIAM said.

Total sales of vehicles across categories registered a growth of 45.93 per cent to 14,60,655 units in October as against 10,00,953 units in the same month last year, it added.

ROHIT KALIA

PGDM 1ST SEM