Bazaar Watch

Jetking Infotrain Ltd has informed BSE that the following:

“A. Jetking has been awarded a contract worth over Rs. 33 crores by the Government of Gujarat to train students in Computer Hardware and Networking. This contract will be executed over the next three years partly through our business partners and partly by us. This contract definitely has opened up a whole new business opportunity for jetking.

B. Jetking has initiated an ambitious project of digitizing the JCHNE content. Once this project is completed, it will ensure that training is delivered in a uniform manner across the Jetking centers. The benefits of this project will:

a. Reduce dependence on senior faculties.

b. Reduce Batch delay thereby minimizing revenue leakage.

c. Faculties can now be trained in house with the help of this software thereby reducing the time required to upgrade the faculties for the higher modules.

C. Jetking in association with Sikkim Manipal University (SMU) has launched a 3 year degree program BSc -IT (IMS). So far 15 centers are active and we have enrolled 28 students for this program.

D. Jetking has also launched a practical intensive course titled “Jetking Intensive Networking Course”. The salient features of this course are:

a. 100% practical oriented course

b. Once the student completes the course, he will be employed at L2 level rather than at trainee level as is happening right now.

c. The course has been designed after doing an intensive research of over 50 companies and their common problems vis-a-vis jetking students.

d. This will be the only course in India which has minimum salary guarantee.

E. Jetking enters Vietnam

Information Technology hardware and networking training provider Jetking has tied up with a local university in this Southeast Asian country. Jetking Infotrain signed an international agreement with FPT University in Hanoi to set up ‘Jetking Learning Centers’ for capacity building and talent development in Vietnam.”

Indian Overseas Bank has informed the Exchange that the Board of Directors, in the meeting held on December 03, 2011, has approved the increase of the Benchmark Prime Lending Rate (BPLR) of the Bank by 50 basis points from existing 15.00% to 15.50% with effect from December 05, 2011.

Symbol GSS
Company GSS Infotech Limited

Announcement Gss Infotech Limited has informed the Exchange that the Board of Directors of the Company at the meeting held on December 05, 2011, has approved raising of funds through Foreign Currency Convertible Bonds (FCCB)/ American Depository Receipts (ADR)/Global Depository Receipts (GDR) and Qualified Institutional Placement to the tune of $75mn.

Symbol HDFC
Company Housing Development Finance Corporation Limited

Announcement Housing Development Finance Corporation Limited has informed the Exchange that the Corporation on December 05, 2011 allotted 4,42,585 equity shares of Rs. 2 each under distinctive numbers from 1473514261 to 1473956845 (both numbers inclusive) pursuant to exercise of stock options by certain employees and a Director. Post the above allotment, the paid-up equity share capital of the Corporation would stand at Rs. 2947913690 consisting of 147,39,56,845 equity shares of Rs. 2 each.

Shivraj Puri, Relationship Manager at Citibank in Gurgaon is alleged to be involved in a 400 crore scam. Puri is said to have siphoned large sums of money from HNI accounts and Corporate clients and diverted these funds into accounts opened by him with with several brokerage firms such as Religare Securities and Bonanza Portfolio.

Check the

Advance Tax payments for the quarter ended December 2010

Below are the figures
BPCL pays Nil Vs Nil (YoY)
HDFC pays Rs 400 Cr as advance tax
HUL pays Rs 220 Cr Vs Rs 175 Cr (YoY)
RIL pays Rs 1,100 Cr Vs Rs 830 Cr (YoY)
TCS pays Rs 230 Cr Vs Rs 177 Cr (YoY)
Bajaj Auto pays Rs 370 Cr Vs Rs 310 Cr
Zee Ent pays Rs 30 Cr Vs Rs 37.5 Cr (YoY)
Alstom Projects pays Rs 12 Cr Vs Rs 16 Cr (YoY)
Bennett Coleman pays Rs 165 Cr Vs Rs 65 Cr (YoY)
SBI pays Rs 1,850 Cr Vs Rs 1,795 Cr (YoY)
LIC pays Rs 1,070 Cr Vs Rs 980 Cr (YoY
Marico pays Rs 21 Cr Vs Rs 18 Cr (YoY)
PNB pays Rs 640 Cr Vs Rs 618 Cr (YoY)
Bank Of Baroda pays Rs 435 Cr Vs Rs 330 Cr (YoY)
Bank Of India pays Rs 150 Cr Vs Rs 102 Cr (YoY)
Central Bank Of India pays Rs 179 Cr Vs Rs 138 Cr (YoY)
Abbott India pays Rs 7.5 Cr Vs Rs 10.5 Cr (YoY)
GIC Hsg Fin pays Rs 7.6 Cr Vs Rs 8.17 Cr (YoY)
Bombay Dyeing pays Rs 85 Lakh Vs Rs 1.25 Cr (YoY)
Bajaj Electricals pays Nil Vs Rs 6 Cr (YoY)
Gwalior Chem pays Rs 10 Lakh Vs Rs 10 Cr (YoY)
Abbott Health pays Nil Vs Rs 2 Cr (YoY)
Bajaj Electrical pays Rs 21 Cr Vs Rs 17 Cr (YoY)
BSE pays Rs 10 Cr Vs Rs 20 Cr
Tata Steel pays Rs 1,000 Cr Vs Rs 650 Cr
L&T pays Rs 270 Cr; Unchanged From Year Ago
Hindalco pays Rs 200 Cr Vs Rs 148 Cr (YoY)
M&M pays Rs 236 Cr Vs Rs 195 Cr
StanChart pays Rs 325 Cr Vs Rs 480 Cr
HDFC Bank pays Rs 750 Cr Vs Rs 400 Cr
ICICI Bank pays Rs 450 Cr Vs Rs 301 Cr (YoY)
Dena Bankpays Rs 75 Cr Vs Rs 65 Cr (YoY)
Dena Bankpays Rs 75 Cr Vs Rs 65 Cr (YoY)
Tata Motors pays Rs 220 Cr Vs Rs 100 Cr (YoY)
Tata Sons pays Rs 40 Cr Vs Rs 20 Cr (YoY)
Tata Power pays Rs 58 Cr Vs Rs 81 Cr (YoY)
Tata Chem pays Rs 58 Cr Vs Rs 40 Cr (YoY)
UltraTech pays Rs 165 Cr Vs Rs 90 Cr
GSK Pharma pays Rs 90 Cr Vs Rs 85 Cr (YoY)
UltraTech pays Rs 165 Cr Vs Rs 90 Cr
GSK Pharma pays Rs 90 Cr Vs Rs 85 Cr (YoY)
DBS Bank pays Rs 20 Cr Vs Rs 75 Cr (YoY)
Deutsche Bank pays Rs 170 Cr Vs Rs 160 Cr (YoY)
Citi Bank Pays `200 Cr Vs Rs 230 Cr (YoY)

Allotment for the long awaited MOIL IPO is finally out.

You can check it at the website below:

http://mis.karvycomputershare.com/ipo/

Allotment is for ONLY 17 shares at 5% discount to issue price of Rs 375 at RS 356.25/ share
=> Rs 6, 056.25 deducted from ASBA.

The grey market premium is about Rs.200/share.

Hello and welcome to the wonderful world of the Indian Stock Market.

Stay tuned for updates on Indian Stock Investments.