The key Indian stock indices have managed to hold on to moderate gains in early afternoon trade even as the broader indices have extended last week's losses. ADAG stocks remain under pressure after market regulator SEBI barred Anil Ambani and two group companies from investing in the secondary market.
In global action, markets in Asia are trading mixed. The Chinese stocks are under pressure after the central bank hiked the banks' reserve requirement again. Even the Japanese market, which was holding firm through the day, has slipped into the negative territory.
The US financial markets will be shut today for a public holiday. Wall Street gained on Friday, paced by strength in the financials, after JP Morgan Chase announced solid earnings. European indices closed lower on Friday.
At 12:48 pm (IST) the BSE Sensex was trading at 18,917 up 56 points. It had earlier touched a high of 18, 967 and a day’s low of 18,779.It opened at 18,911.
The NSE Nifty on the other hand was trading at 5,664 up 9 points over the previous close. It had earlier touched a day’s high of 5,682 and a day’s low of 5,624.
The BSE Small Cap index and BSE Mid cap index are down 0.7% and 0.8% respectively.
In terms of sectors, the IT index is up 1%. Select, FMCG, Banking and Consumer Durables indices are up 0.5%-0.7%. Realty, Power, Metal, Capital Goods and Auto stocks are in the red.
The market breadth in negative on the BSE with 1,727 shares falling and 931 shares rising.
HDFC, Axis Bank, ITC, TCS, Kotak Mahindra Bank, Infosys, Cipla, Cairn India and Wipro were among the leaders in the Sensex and the Nifty.
Reliance infra, Reliance Power, RCOM, Sesa Goa, Sterlite, Hero Honda, DLF and Hindalco were among the laggards in the Sensex and the Nifty.
For more info- http://www.indiainfoline.com/Markets/News/Sensex-turns-red...IT-stocks-advance/5052506921
Monday, January 17, 2011
Friday, January 7, 2011
New power policy gives 50 per cent to 'home' states
"The proposal is to allocate 50 per cent of the power generated to the 'home' state where the project is located, 35 per cent to the other constituents of the region, and 15 per cent as unallocated power at the disposal of the centre," a government official told the media after the cabinet meeting.
Currently, the allocation of power generated from thermal stations is guided by the Gadgil formula, under which the host state gets 10 per cent preferential allocation, 15 per cent is kept unallocated as the central government's quota, and the remaining 75 per cent is allocated to beneficiary states in the region.
While the central government's quota, used to tide over periods of acute shortages of electricity, has been kept unchanged at 15 per cent, the share of beneficiary states in the region has been brought down to 35 per cent from 75 per cent.
''Currently, in addition to the 10 per cent preferential allocation, a host state also gets its share also from the 75 per cent allocation kept for beneficiary states in the region, making the effective share of the host state as up to 33 per cent. The cabinet reviewed the allocation formula and has today increased it to 50 per cent,'' said the power ministry official.
The government currently considers two factors before deciding the share of a state falling in the region of the host state - percentage of allocation of plan funds and the percentage of power consumption.
For more info- http://www.domain-b.com/industry/power/20110107_home_states.html
Saturday, November 13, 2010
Business Dream
A lot of people say that business is not easy nowadays. This is a common and standard line to take, and the phrase is repeated almost every day, especially amongst business men. But the truth is, regardless of the time of year, business has never been easier.
New businesses, in particular, are like new born babies. They require a lot of attention, care, commitment and hard work. They require support, publicity, money, emotion, love and time. Yet you will not have guarantee of success. Often you gain success over time because you have something new or you feel the gap in the market and can provide something to reach the right market.
Business is a risk that you must and will take in your life, otherwise you will be working as an employee for the rest of your life. Your heart has to be strong to digest any losses, and you have to have knowledge and experience before you venture in, otherwise your customer will know more than you, and you will lose.
In very unlikely situations a business will give you an instant profit. Normally it takes time to fill those gaps of non-income. In early stages of the business you will see your profit as a stock in your premises. If you don't control your expenditure, the profit will turn to loss, or the money will be blown on your living expenses.
Any business requires a minimum expenditure in the early days. In order to cut the cost of rent, heating and transport, the best option is to start a business from home. This will give you extra help by reducing costs and traveling times. You can add the hours you would otherwise spend traveling, and so you are likely to work more hours since you will have weekends and bank holidays at your disposal.
Some businesses cannot be operated from home because you need such equipment at tele marketing, a call centre, out of hours services, letting and property management. Some businesses might also need such things as manufacturing equipment, heavy cooking utensils, facilities for repairing cars. Or you may need a license for such things as retail, selling computers, gold or expensive jewelery, but licenses may not be hard to come by. You simply have to go to your local council.
Working from home has many benefits, however be careful because it can sometimes get in the way of family and social life. You may be tempted to give more priority to your work than your family.
Article Source: http://EzineArticles.com/?expert=Bham_H
New businesses, in particular, are like new born babies. They require a lot of attention, care, commitment and hard work. They require support, publicity, money, emotion, love and time. Yet you will not have guarantee of success. Often you gain success over time because you have something new or you feel the gap in the market and can provide something to reach the right market.
Business is a risk that you must and will take in your life, otherwise you will be working as an employee for the rest of your life. Your heart has to be strong to digest any losses, and you have to have knowledge and experience before you venture in, otherwise your customer will know more than you, and you will lose.
In very unlikely situations a business will give you an instant profit. Normally it takes time to fill those gaps of non-income. In early stages of the business you will see your profit as a stock in your premises. If you don't control your expenditure, the profit will turn to loss, or the money will be blown on your living expenses.
Any business requires a minimum expenditure in the early days. In order to cut the cost of rent, heating and transport, the best option is to start a business from home. This will give you extra help by reducing costs and traveling times. You can add the hours you would otherwise spend traveling, and so you are likely to work more hours since you will have weekends and bank holidays at your disposal.
Some businesses cannot be operated from home because you need such equipment at tele marketing, a call centre, out of hours services, letting and property management. Some businesses might also need such things as manufacturing equipment, heavy cooking utensils, facilities for repairing cars. Or you may need a license for such things as retail, selling computers, gold or expensive jewelery, but licenses may not be hard to come by. You simply have to go to your local council.
Working from home has many benefits, however be careful because it can sometimes get in the way of family and social life. You may be tempted to give more priority to your work than your family.
Article Source: http://EzineArticles.com/?expert=Bham_H
3 Ways You Can Use to Make Profits in Your Business
It is kind of easy making money with online business and these are the 3 ways you can use to make profits in your business.
1. Supply what People Need. If you want to make it in online business, simply supply what your niche market requires. They will keep coming back for more.
If you want to stop putting more and more money into a business without seeing any yields, you will have to supply only what the people need. It will relieve you from the constant buying of expensive e-books that do not help much in leading you to success.
2. Keep it Simple. Using complicated website designs cannot help either. Not even the most attractive graphics and animations will yield much fruit. All you need is just a simple website design that is not complex at all. It is what others use to make a lot of annual sales returns.
Their secret is simple, they do not go for extraordinary things; they just use products that the customers need. You should actually stop going around to those complicated designers and be down to earth.
3. Stick it out. Patience pays when it comes to using most marketing methods, so you need to learn how to remain in there and keep doing what you need to do. It does not pay to jump in and out. Have the patience to watch the method you have chosen give some results with time.
If you keep starting one marketing method, and leaving it immediately you learn of another, and even to the next; you will never see any good returns. Give the one you have chosen time to work for you.
All the successful web marketers know the true worth of remaining patience. Some e-methods will only work after they have been in place for long enough. You should not condemn one method and jump to the next one without giving it enough time. Sticking it out is the only way you can prosper.
Article Source: http://EzineArticles.com/?expert=Wayne_Rubens
1. Supply what People Need. If you want to make it in online business, simply supply what your niche market requires. They will keep coming back for more.
If you want to stop putting more and more money into a business without seeing any yields, you will have to supply only what the people need. It will relieve you from the constant buying of expensive e-books that do not help much in leading you to success.
2. Keep it Simple. Using complicated website designs cannot help either. Not even the most attractive graphics and animations will yield much fruit. All you need is just a simple website design that is not complex at all. It is what others use to make a lot of annual sales returns.
Their secret is simple, they do not go for extraordinary things; they just use products that the customers need. You should actually stop going around to those complicated designers and be down to earth.
3. Stick it out. Patience pays when it comes to using most marketing methods, so you need to learn how to remain in there and keep doing what you need to do. It does not pay to jump in and out. Have the patience to watch the method you have chosen give some results with time.
If you keep starting one marketing method, and leaving it immediately you learn of another, and even to the next; you will never see any good returns. Give the one you have chosen time to work for you.
All the successful web marketers know the true worth of remaining patience. Some e-methods will only work after they have been in place for long enough. You should not condemn one method and jump to the next one without giving it enough time. Sticking it out is the only way you can prosper.
Article Source: http://EzineArticles.com/?expert=Wayne_Rubens
Some Safety Tips for Owner Financing
When you sell, why should you present owner financing? To begin with, a higher price is the deal. And to add as an extra to this a good money return, easier problem property, and faster sale.
These are feasible reasons but how can this be safely offered?
1. Request for a higher down payment - This easiest way to be safe but it is not possible all the time. The idea about owner financing is to guide the buyer to acquire the property and the down payment is one of the major areas wherein purchasers need help.
2. Inquire about other forms of security: If a little down is what the buyer wants and you love the return you will get, make it safer by enrolling a mortgage on another property that a buyer owns. Allow to let go of the mortgage when they have already paid the balance to a specific level.
3. Credit Checks: Tell them to hand you a credit report and pay you. Make sure you know the type of bad credit even though it is okay. Unpaid hospital bills are an obvious irrelevance with unpaid loans.
4. Make use of your instincts: Are you right about people most of the time? If you are then do not let loose of your judgment concerning the character of your buyer. On a personal level, I would trust in someone who is morally obligated to pay what he owes to a playboy who currently has a respectable income.
5. Take a look at the entire picture: Lets put it this way, the bank will let your buyer borrow ninety percent and it is fine for you getting back a 2nd mortgage up to five percent thus permitting the buyer to get in the deal with only a five percent down payment. If you are getting six percent more that what you are expecting by getting the buyers needs fully accommodated, where is the probable loss? Its fine with you if he does not pay right?
6. Talk to an attorney: In some cases, a mortgage can be foreclosed in two years if it passes through the courts and with a "contract for sale" foreclosure only takes within six months. Understanding these facts can help you make a deal in a safe way.
It is very simple to get a higher price as well as to sell with owner financing. All you need is to be safer with it. Have a real estate lawyer evaluate your paperwork and use these tips to help you.
Article Source: http://EzineArticles.com/?expert=Ashlee_Pannell
These are feasible reasons but how can this be safely offered?
1. Request for a higher down payment - This easiest way to be safe but it is not possible all the time. The idea about owner financing is to guide the buyer to acquire the property and the down payment is one of the major areas wherein purchasers need help.
2. Inquire about other forms of security: If a little down is what the buyer wants and you love the return you will get, make it safer by enrolling a mortgage on another property that a buyer owns. Allow to let go of the mortgage when they have already paid the balance to a specific level.
3. Credit Checks: Tell them to hand you a credit report and pay you. Make sure you know the type of bad credit even though it is okay. Unpaid hospital bills are an obvious irrelevance with unpaid loans.
4. Make use of your instincts: Are you right about people most of the time? If you are then do not let loose of your judgment concerning the character of your buyer. On a personal level, I would trust in someone who is morally obligated to pay what he owes to a playboy who currently has a respectable income.
5. Take a look at the entire picture: Lets put it this way, the bank will let your buyer borrow ninety percent and it is fine for you getting back a 2nd mortgage up to five percent thus permitting the buyer to get in the deal with only a five percent down payment. If you are getting six percent more that what you are expecting by getting the buyers needs fully accommodated, where is the probable loss? Its fine with you if he does not pay right?
6. Talk to an attorney: In some cases, a mortgage can be foreclosed in two years if it passes through the courts and with a "contract for sale" foreclosure only takes within six months. Understanding these facts can help you make a deal in a safe way.
It is very simple to get a higher price as well as to sell with owner financing. All you need is to be safer with it. Have a real estate lawyer evaluate your paperwork and use these tips to help you.
Article Source: http://EzineArticles.com/?expert=Ashlee_Pannell
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