Daily News from Bse,Nse Stock Markets of India |IPO Information
August 3rd, 2009 — Announcements
Anil Ambani led Reliance Media World which holds radio business Big 92.7 FM is likely to get listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), reports agency sources.
Earlier, radio business was de-merged from Adlabs Films and transferred to Reliance Unicom, which was later renamed as Reliance Media World with effect from July 22, 2009.
June 2nd, 2009 — Announcements, Nse India
The absence of a spectrum roadmap for code division multiple access (CDMA) operators and the limited allocation of airwaves has compelled Tata Teleservices (TTSL), to offer services on the GSM platform as well, reports Business Standard.
The company provides telephony services including mobile, fixed wireless phones (FWP), public telephone booths and wireline services.
October 1st, 2008 — Announcements
Free internet access till Oct 31 from BSNL in India
Good news for all the BSNL landline customers, starting from Sep 28th all the customers can be able to user the BSNL net for free without paying any extra connection charges. In an annoucment made BSNL has said that it has tied up with Elitcore Tech to provide free internet access to all BSNL customers during the festival season.
BSNL Free Internet Access Setup
September 25th, 2008 — Announcements
Geodesic Information Systems has changed itsname to Geodesic. In an annoucement made to the stock exchanges the company has informed that the new name of the company will be Geodesic with effect from 19th September 2007.
Geodesic is one of the leading software products company focusing on communication and collaboration space across desptops and mobile devices.
May 27th, 2008 — Announcements
TCS emerged as the lowest bidder for the tender passed by Ministry of External Affairs. The tender is invited the by the Ministry for the processing of passports in India by a private party for 6 years with the deal valued at Rs 1300 crore.
TCS was the lowest bidder for Rs. 175 per passport and the Ministry has approved the bid by TCS and from now passport processing will be handled by TCS. Good to see that from now onward Passport Process in India should speed up with private player handling the process and soon E-Passport in India will also be a realty as the first e-passport in India will be issued by the President of India in June.
March 11th, 2008 — Announcements, Bse India
Reliance Energy Name Change has been approved by the members of the board and the Reliance Energy will be now called as Reliance Infrastructure Limited. They will seek the final approval from the shareholders. Reliance Energy has issued the following statement to the exchanges regarding the Reliance Energy name change
“Reliance Energy Ltd is the largest private player in the electricity sector across the entire value chain (generation, transmission, distribution, trading and EPC). However, over the past two and half years, the Company has emerged as a leader in all areas of infrastructure business. The new name “Reliance Infrastructure Ltd” will adequately reflect the current nature of the businesses in the Company fold and in line with the Company’s vision to tap and play a vital role in the emerging potential in the country for infrastructure development”. Reliance Energy is currently: • Largest private power sector EPC player in the country with order book of over 8,000 crore. • Largest power transmission infrastructure developer in private sector including the Western Region Strengthening System, (WRSS) the only 100% owned power Transmission project to be developed by private player in the country. • Largest private sector metro rail project developer in the country with 12km VAG corridor in Mumbai and 22.7 km airport link in Delhi • Largest concessionaire for NHAI and building over 400 kms of road highway projects. • Preferred bidder to construct the 25 km long, country’s longest, bridge over sea link (MTHL) in Mumbai. Apart from the above REL is constructing the country’s tallest 100 storey corporate park in Hyderabad and has plans for setting SEZ in Noida and Mumbai and is in advanced stages of bidding for several metro, airports, highway and energy distribution projects across the country. “The new name reflects the branding philosophy followed by the ADA Group, where name signifies the space in which business operates and create a sharper brand presence among the stakeholders”. “The name change will not affect any of the rights of the Company or the shareholders of the Company”, the official added.
December 20th, 2007 — Announcements
Much awaited Tata’s 1 lakh car otherwise known as the People’s car is to be displayed to the car enthusiasts at the upcoming Auto Expo on January 10, 2008. Technical aspects and other details of the car will be known at the Auto Expo show while it is expected that the People’s car will be a rear engine model and technicians believe that the model would be extremely economical capable of delivering 25 km mileage for a litre of Petrol. Acceleration is more or less to be on the same levels as the Maruthi 800 and to reduce the overall weight and to improve economy more plastic is used through out the car. Lot of people are waiting to see the model pictures of the car.