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Review of Reliance Infratel IPO
2008-02-10 05:18:00 By Vipin Agnihotri Reliance Infratel is all set to come out with issue of nearly 9 crore shares, the second IPO from the ADAG Group and as The India Street always want to give you exclusive news. Here, we are with the review of Reliance Infratel IPO. First and foremost, the company is basically into passive infrastructure in the telecom space. The issue size is around 8.9 crore shares which by the way constitutes only 10% of the post issued equity. The best part about this IPO is that it has part payment option for retailers. Point to be noted here is that Reliance Power also offered same sops to the retail investors who had applied for it?s recently concluded Rs 11,560 crore IPO, the country?s biggest primary market issue so far. It had offered a flat discount of Rs 20 a share to them, nearly 4% of the issue price of Rs 450 and a part-payment facility wherein an investor could apply for the issue with a 25% payment. Initial signs are that the company will have around 36,849 t... More About: Review
India's Information and Communication Technology to reach $24.3 by 2011
2008-02-07 21:41:00 where is IT going? India's information and communication technology (ICT) market could become as large as to account for almost 2% of the country?s GDP by 2011. Leading research firm Gartner Inc said that it expects India?s ICT market to grow at an annual rate of 20.3% to reach $24.3 billion by 2011. The ICT market was at $9.6 billion in 2006. While India has made its mark in catering to the IT needs of overseas companies, domestic firms are also increasingly relying on IT to gain a competitive advantage. Gartner?s worldwide survey of CIOs showed that Indian firms would increase their IT spend by 13% this year, versus a global average of 3.3%. ?This increased spending by Indian CIOs is directed primarily towards building new business capabilities, with 30 percent of IT spend allocated for business growth and 19 percent towards business transformation,? Gartner added. Technology stocks were under significant pressure last year. Their performance continues to be impacted by conc... More About: Information , Communication , Reach
Reliance Industries to reinvent its textile brand
2008-02-06 16:50:00 By Vipin Agnihotri I have full-proof information that Reliance Industries is working overtime to reinvent its textiles brand, Vimal. According to company sources, the whole idea behind all this is to offer Italian styling at Indian prices. Point to be noted here is that Maurizio Bonas, an Italian designer, has been visiting India regularly to teach select tailors the intricacies of Italian style and tailoring. By the end of this year, Vimal, which was first launched by Reliance founder Dhirubhai Ambani, will have 25 stores across 15 cities. In my opinion, apart from the shift into the ready-to-wear segment, Vimal is now sharply focussed on young men in the 25-40 age group compared to earlier when there was no clearly defined target segment. The question now arises: What prompted Reliance Industries to resurrect Vimal? The answer of this question is the booming Indian economy. It is worth mentioning in this regard that with incomes increasing and modern retail spreading, the o... More About: Brand , Textile
Three new Indian companies in pictures
2008-02-06 16:42:00 By Vipin Agnihotri The India Street always gives you something interesting. This time around, we are going to give you three new Indian companies in pictures. Hope you like it. Cellcast India- Founded: 2005Revenue: $7 million(year ended March 2007)Net profit: Yet to declare profitCool Quotient: Real time participation in TV content Rajshri.com- Founded: 2006Revenue: Rs 4 croreNet profit: Yet to break evenCool Quotient: Pioneers in the concept of online distribution of films Meow (Radio Today)- Founded: 2007Revenue: Yet to complete one full financial yearNet profit: Yet to complete one full financial yearCool Quotient: India?s only just-for-women FM radio station Suggested Reading: World record for Reliance Power Infosys may be on an acquisition spree soon The India Wall Street FACEBOOK Social Stock Picking Application More About: Pictures , Companies
World record for Reliance Power
2008-02-04 18:18:00 By Vipin Agnihotri The recently concluded maiden public issue of Reliance Power , which was oversubscribed 73 times, has created plenty of world records. Not only it garnered an astronomical $190 billion but also it is the biggest subscription of any IPO anywhere in the history of global capital markets, with a staggering five million applicants. When Reliance Power lists February 11, it will be among the 10 top listed companies in India with the biggest number of shareholders in any listed Indian company or in the world. Point to be noted here is that if it lists at the issue price of Rs 450, the market capitalization for the group will be in the range of $100 billion. In my opinion, if this happens it will make Reliance Anil Dirubhai Ambani Group the second biggest in India in terms of market capitalization. Talking about the top five public issues in the past, it includes Mundra Port, Power Grid Corp, Reliance Petroleum, Idea and Power Finance Corp. The first public offer o... More About: World , World Record , Record
Sajjan Jindal of JSW Steel: Man of the moment
2008-02-04 18:12:00 By Vipin Agnihotri Sajjan Jindal , Vice Chairman and Managing Director, JSW Steel , has come up with an ambitious programme in order to increase his presence in the core steel business. There are also indications that he is also interested in diversifying into the sectors such as power, cement, aluminium and infrastructure. Sajjan Jindal, the second son of the late O.P. Jindal is the most aggressive of the four Jindal brothers. For instance, he doesn?t like his businesses being called the Sajjan Jindal Group. As a matter of fact, he has named his company Jindal South West Holding (JSW) Group. In terms of statistic, Jindal at this moment of time has projects worth more than Rs 60,000 crore in his chosen sectors in various stages of implementation. It is worth mentioning in this regard that all the new verticals?energy, cement, aluminium and infrastructure? will tap the IPO market once financial closure is achieved. According to sources, Jindal is moving fast in the power business. It... More About: Moment
Infosys may be on an acquisition spree soon
2008-02-03 19:03:00 Innovating the Route to Growth - Infosys Technologies The appreciation of the rupee versus the US dollar, upswing in wages and likely recession in the US have not boded well for IT shares. The Sensex seesaw last month had investors across the country on tenterhooks. It seems that people with investments in outsourcing companies may be able to sleep better at night (no more damage to sea cables please!!!), after a recent industry report said that India?s outsourcing industry would experience a boom over the next four years. The study (Roadmap 2012 - capitalising on the expanding BPO landscape) was conducted by the National Association of Software and Service Companies (Nasscom), the premier trade body for India?s IT-BPO industry, and global strategy firm Everest Group. The report said that the country?s revenue from back-office outsourcing is likely to grow nearly fivefold to $50 billion by 2012, from the current $11 billion. Indian IT bellwether, Infosys Technologies Limited, is i... More About: Spree , Acquisition
Few quality stocks that are going to rule the market this year
2008-02-02 20:30:00 By Vipin Agnihotri The India Street loves to give exclusive information to the investors. Find below details of few quality stocks that is going to rule the market in 2008. Reliance Communication- Reliance Communications is the leading player in the Indian telecom industry. In my opinion, due to attractive tariffs and offerings across the telecom value chain it has transformed the competitive dynamics of the sector. And with the mobile subscriber base likely to grow at a fast pace, Reliance Communications is going to be a major beneficiary of this growth. Nestle India- Nestle India is one of the biggest and most diversified F&B company in India. It is worth mentioning in this regard that it boasts of some of the most established brands, including Maggi, Nescafe, Lactogen, Kit Kat and Milkmaid. In my opinion, Nestle has a distinct advantage over its competitors in the F&B space on account of its strong focus on developing products around the nutrition, health and wel... More About: Stocks , Market , Quality , Year , Rule
India can sustain 9-9.5 per cent growth
2008-02-02 20:25:00 By Vipin Agnihotri There are plenty of experts who think that US slowdown can have a negative impact on the India n economy. But in my opinion, India?s economic foundation is good enough to sustain 9-9.5 per cent growth despite fears of a possible US slowdown. It is worth mentioning in this regard that Asian stock markets, including Bombay and National stock exchanges, went into a tailspin earlier this week on fears of a recession in US economy. Point to be noted here is that the Indian markets bounced back after the US Fed made unprecedented cuts in interest rates on January 22. No one will argue with the fact that it is an inter-dependent world. In other words, international financial crisis can have an impact on the economies of developing countries such as India. According to sources, Indian government is quite hopeful that the US will take measures to contain the impact of a sub-prime crisis that had threatened the financial stability the world-over. India, one of the fastest... More About: Cent , Growth
Private equity players in India focusing at hospitality and education secto
2008-02-02 20:21:00 By Vipin Agnihotri Private equity players in India are focusing at hospitality sector and education firms at this moment of time. Not so long ago, IT, manufacturing, banking and engineering were the preferred choice for private equity investors. But situated has changed in the last few months as "shallow sectors" such as hospitality, agriculture and media are gaining importance among bulge-bracket investors. You may not believe at first but it?s true that even agriculture sector has pocketed $29 million by way of three separate deals. According to sources, agriculture-based research companies are attracting investors. On the other hand, in the energy sector, private equity investors have invested more than $250 million across 11 deals over the past nine months. In my opinion, power and power utility services are the most vibrant sub-segments of energy sector. It has been noticed that hotel sector is attracting plenty of private equity investors. In terms of statistic, private ... More About: Education , Players , Private Equity , Hospitality
All Systems ?Go? for U.S.-India Space Cooperation
2008-02-02 02:50:00 Chandrayaan I Lift Off Heralds India ?s First Mission to the Moon February 1, 2008 ? Washington, D.C. ? The countdown has begun to ?lift off? for India?s first mission to the moon. President Bush?s vision for partnership with India in space exploration will get a major boost in April 2008 when India?s first unmanned lunar mission, Chandrayaan I, launches from the Indian state of Tamil Nadu. Significantly, Chandrayaan I will carry - for the first time in the history of both countries - a payload atop an Indian rocket that includes two critical NASA instruments to map the moon. ?That the United States and India are cooperating at this level of space exploration marks the beginning of a whole new era of trust and partnership. The Chandrayaan lunar mission will lead to exciting scientific advances,? Ron Somers, President of the U.S.- India Business Council (USIBC), said in Washington at a robust gathering of American businessmen and governmental officials honoring Mr. G. Madhavan N... More About: Space , Cooperation , Systems
The ?Chemical? Explosion ? Tata Chem in Growth Mode
2008-02-02 02:02:00 The Tata Group India?s largest private sector conglomerate, is making its presence felt across the globe. After having taken Czech tea company JEMCA and UK's biggest steelmaker Corus under its wings last year, Tata Motors is close to signing an agreement with Ford to buy Jaguar and Land Rover. Meanwhile, Tata Chemical s has entered into a definitive deal to acquire General Chemical Industrial Products. India?s leading manufacturer of inorganic chemicals, fertilisers and food additives has agreed to buy the US-based soda ash producer for $1 billion (about Rs4,000 crore). The acquisition would be made through a combination of equity and debt.Harbinger Capital Partners has a majority stake in General Chemical, which has a capacity of 2.5 million tonne per annum. The deal is still pending stockholder and regulatory approvals. With this acquisition, Tata Chemicals would strengthen its position to take advantage of tight capacity in the global soda ash markets, where spot prices remain ar... More About: Mode , Growth , Explosion
Why buying gold now can make you money
2008-01-31 07:29:00 By Vipin Agnihotri Gold has been hitting record highs and at this moment of time is trading at around $874 per ounce. Point to be noted here is that gold has started its long-term bull run and has managed to beat long-term inflation. Although gold might not give superlative returns over the long term but one thing is for sure, it merits investment attention as a hedge against global risks. In my opinion, around 10 per cent of one?s portfolio should consists of gold in order to hedge against any unwarranted calamity. There are plenty of factors that make gold look attractive at present. First and foremost, gold is a hedge against the US dollar. In addition, it is closely linked to the depreciating greenback. But there are some experts who believe that gold might not rise too much if the US economy recovers. Buying gold is quite a straightforward affair. As a matter of fact, investors can choose from three options, namely, Exchange Traded Funds, the commodity exchange, or from... More About: Money , Make
Review of Wikileaks.com
2008-01-31 07:22:00 By Vipin Agnihotri The main objective of Wikileaks is to come up with an uncensorable Wikipedia for untraceable mass document leaking and analysis. And so far, they have succeeded in attaining their objective. It has been noticed that Wikileaks want to expose oppressive regimes in Asia, the former Soviet bloc, Sub-Saharan Africa and the Middle East. In terms of statistic, Wikileaks has so far received more than 1.2 million documents from dissident communities and anonymous sources. In my opinion, this is quite an achievement. The best part about Wikileaks is that they open leaked documents up to stronger scrutiny as compared to any other media organization or intelligence agency. Another good thing about Wikileaks is that they offer a forum for the entire global community to relentlessly evaluate any document for its credibility, plausibility, veracity and validity. As a matter of fact, communities can interpret leaked documents and explain their relevance to the public. Point to... More About: Review
Review of Guwahati real estate
2008-01-31 07:21:00 By Vipin Agnihotri Guwahati is the economic hub of North-east India. In the last two or three years the real estate market has grown gradually in this region. In my opinion, the growth has been led by organized retail and residential projects. According to experts, creation of integrated transport system, improvement of existing roads, a new bus terminus at Katabari and a logistic hub has played a prominent part in the progress of Guwahati real estate. Point to be noted here is that the National Games Village at Sarusajai, with about 700 apartments has played a pivotal role for new projects along the highway Housing It has been noticed that state government is interested in developing the river front stretch from Kamakhya temple to Raj Bhawan (6 km) into a recreational hub by construction of embankments with Central funds. In addition, the government also plans to relocate all the wholesale markets outside the city at the logistic hubs and industries to an industrial park to decon... More About: Estate , Real Estate , Review , Real
Still Difficult to get Commercial health insurance in India
2008-01-28 02:28:00 By Vipin Agnihotri In my opinion, commercial health insurance in India is still in its infancy, having started in 1986 with Mediclaim, the first hospitalization cover introduced by four public-sector non-life insurance companies. Point to be noted here is that Mediclaim and its private sector look-alikes make up whopping 95 per cent of the total policies sold at this moment of time. In terms of statistic, total health premiums rise 44 per cent to Rs 3,198.83 crore in 2006-7 from Rs 2,222.09 crore in 2005-06. According to sources, the growth has accelerated this year to more than 50 per cent. Most of the experts that I have chatted with are of the opinion that health insurance along with motor insurance is one of the two fastest growing businesses. This is mainly because of the booming retail market for individual policies. At present, insurance contributes only about 2 per cent of India?s health expenditure. According to recent study, less than 15 per cent of Indians enjoy some ... More About: Health , Commercial , Insurance , Health Insurance
Review of Allcheckdeals.com
2008-01-27 18:21:00 By Vipin Agnihotri Allcheckdeals.com is India?s only online brokerage for residential real estate. The best part about them is that they offer services to you beginning from property selection, site visit, booking, documentation, home-loan and after-sales service. Even better, their business model is focused around Internet technology, which gives a much-needed cushion to you in terms of getting detailed real estate information. Apart from that, Allcheckdeals.com also give regular customer service by ensuring payment reminders, door-2-door payment collection and document delivery. In my opinion, Allcheckdeals.com not only gives you unbiased advice in property selection but also hassle free transaction. It is worth mentioning in this regard that Allcheckdeals.com handle transparent deals with utmost integrity. In addition, they do not charge any brokerage on purchase of new construction properties. With the help of this portal, you can explore new projects from top developers. ... More About: Review
The Phoenix on Dalal Street
2008-01-26 01:54:00 The Sensex has plummeted during the course of this week. Last year, the benchmark stock index jumped 47%, with widespread enthusiasm over the prospects of the Indian economy. Was this only overconfidence that led to a stock market bubble that is now bursting or will the Sensex rise like a phoenix? The rise and fall of the Sensex The Sensex hit a peak of 21,206.77 points on January 10, 2008. The wider National Stock Exchange index, Nifty, reached a record high of 6,357.10 on January 8. Over this week, however, the bourses have witnessed a bloodbath. On Monday (January 21), the Sensex lost 1,408 points. The 30-share barometer plunged about 10% at the open on Tuesday (down 2,029.05 points to 15,576.30 minutes after the start of trading) and trading had to be halted for about an hour. This marked the fourth time in the bourse?s history that trading has been suspended. After open, trading did not stabilize. By the close, the benchmark Sensex index had lost 875 points, or close to 5%, to... More About: Phoenix , Street
The Hottest Headlines from around India
2008-01-25 19:54:00 The latest and best headlines from around India : General Headlines Govt clears largest defence deal with USThe Indian Express 'RBI may cut short term rates to moderate capital flows'The Economic Times Markets bullish, Sensex gains 1,140 ptsThe Financial Express France seeks better ties with IndiaLivemint Digital/ IT Headlines BSNL ties up with US firm SOMA for WiMaxThe Hindu Business Line Tata Teleservices hopes to expand to 700 towns in Tamil NaduThe Hindu Business Line Sony Ericsson plans to increase market shareThe Hindu Business Line Financial Services Commodities regulator gets autonomyThe Times of India NHB to set up first mortgage guarantee firmBusiness Standard India not in favor of capital controls: ChidambaramThe Economic Times Indians may spend $48 billion on foreign financial products The Financial Express Oman Bank launches scheme for investment in India economyThe Economic Times Mizuho becomes first Japanese bank to...
Highest paid Bollywood India film stars
2008-01-25 19:45:00 By Vipin Agnihotri The India Street always loves to give some interesting information to their readers. Take a look at the highest paid Indian film stars. You will be surprised to know that Shahrukh Khan is not the highest paid Indian film actor. There is a tie between south superstar Rajnikanth and versatile Akshay Kumar. STAR LATEST ASKING PRICE Rajnikanth Rs 20 crore Akshay Kumar Rs 20 crore Hrithik Roshan Rs 15 crore Salman Khan Rs 15 crore Aamir Khan Rs 12-15 crore Shah Rukh Khan Rs 10 crore Sanjay Dutt Rs 10 crore Ajay Devgan 7-8 crore Saif Ali Khan Rs 7 crore Priyanka Chopra Rs 6.7 crore Rani Mukherjee Rs 6 crore Amitabh Bachchan Rs 4 crore Abhishek Bachchan Rs 4 crore John Abraham Rs 12 crore Kareena Kapoor Rs 3.5 crore More About: Bollywood , Stars , Film , Paid
Jhunjhunwala ? Rider of the Sensex Storm
2008-01-23 16:46:00 Rakesh Jhunjhunwala, the high profile private investor, is often called ?The Warren Buffett of India.? Warren Buffett is a classic example of a buy-and-hold investor. Jhunjhunwala follows the principle, with his ?buy right and hold tight? motto. However, unlike Buffett, Jhunjhunwala follows what can be termed as a portfolio-concentration strategy. This means he focuses on large investments in a limited number of companies, rather than opting for small investments in a large number of firms. His top 5 investments account for over half of his portfolio, and the top 10 account for almost 80%. Jhunjhunwala appears to favour small and medium stocks over companies with huge market cap. Apart from his portfolio being restricted to a few stocks, his investments are concentrated within a few industries. Most of his portfolio comprises of stocks in the energy, infrastructure and luxury/retail sectors. Rakesh Jhunjhunwala has substantial investment in pharma and IT stocks as well. These secto... More About: Storm , Sensex , Rider
PepsiCo Looking to Aggressively Expand
2008-01-23 07:51:00 By Vipin Agnihotri For the last two or three years, PepsiCo, widely been regarded for its range of carbonated beverages, has been working overtime to come up with a newer (and healthier) image for itself, growing its nonbeverage business by making huge acquisitions of Quaker Oats and Tropicana. At the same time, PepsiCo has also been consciously trying to globalize its brand appeal as it seeks to focus on fast-growing markets around the world. It is worth mentioning in this regard that the company already gets around 40 per cent of its revenues from outside its home market. In terms of statistic, PepsiCo is doing quite well. In the last seven years, revenues have grown 72 per cent and profits have doubled to $5.6 billion. In my opinion, the key ingredient to PepsiCo continued success is their people, because everyone comes to work with a deep sense of ownership at the company. The pivotal factor here is that PepsiCo has not been just a soft drinks company for a long time. As a m...
Mahindra & Mahindra to enter Indian retail space
2008-01-23 07:47:00 By Vipin Agnihotri The $ 4.5 billion auto major, Mahindra & Mahindra has decided to mark its footprint on the Indian retail scene. At this moment of time, group markets and distributes products such as kids apparel and toys of international brands to wholesalers and distributors through group company Mahindra Intertrade. It is worth mentioning in this regard that Intertrade also markets, imports and exports steel, metals and engineering products. Mahindra & Mahindra is the fourth big Indian business group to announce a retail venture, after Reliance Industries, the Aditya Birla Group and Bharti. Unlike the other three, which plan to sell household groceries or farm fresh produce targeting the mass market, Mahindra?s retail offering is going to be a more specialized one. In my opinion, specialty retailing is a big opportunity. Everything cannot be sold by one hypermarket. In that sense, what Mahindra is doing seems exciting. Furthermore, taking into account the fact tha... More About: Space , Retail , Enter
Merger of Air Deccan into Kingfisher Airlines
2008-01-21 23:04:00 By Vipin Agnihotri The merger of Air Deccan into Kingfisher Airlines has given quite a bit of relief to the Indian aviation industry. This is because of the simple reason that after merger Mallya said on record that the days of giving unviable fares to passengers is now gone. Point to be noted here is that the two airlines have different set of business models. In addition, they cater to totally different passenger segments. According to sources, Kingfisher Airlines is confident that they will be able to tap synergies and make the merger successful. The main advantage that will come out from this merger is that it will improve the fortunes of other airlines. It is worth mentioning in this regard that when you have financially weak players, there is price dilution. In other words, the weaker players pay more attention to cash generation as compared to profitability, and that have an impact on the overall financial health of the industry. According to some media reports,... More About: Merger , Fisher
ICICI Bank a Good Stock Bet - but take the long view!
2008-01-21 22:56:00 The Indian economy has been exhibiting strong growth and the country?s stock market has surged to unprecedented highs (except for this past week of course). Although concerns surrounding the US slowdown play a role, investor sentiment has remained bullish. The banking sector is now in the limelight. According to a report by report by McKinsey & Co, Indian banks generated a CAGR of 36.76% in returns to shareholders between January 2000 and October 2007, versus 24.03% for the entire Indian stock market and 17.57% for Chinese banks. One of the Indian banks that is aiming big is ICICI Bank Ltd (ICBK). The nation?s largest private lender has an ambitious target of being among the world?s top ten banks within five years. The Economic Times quoted the company?s MD and CEO KV Kamath as saying in an interview that the India growth story is unlikely to fade for another 15 years and that, if the country?s GDP were to grow at 10%-11%, it would not be surprising to see banks and financial se... More About: Stock , View , Long , Good
Funny India Pizza Hut Dancing Videos
2008-01-19 23:16:00 Someone sent me a few of these videos of Pizza Hut employees dancing in the Pizza Hut store. Little known to the sender is that the Pizza Huts in India are owned by a franchisee and not controlled by Pizza Hut Corporate USA (they were wondering if the employees were breaking any cororate rules). Besides, the dancing and music are great! Video is below: More About: Videos , Dancing , Funny
PICTURES: Weekly Food Expenditure by Country
2008-01-19 18:41:00 For our weekend light business coverage, I managed to find these statistics relative to India. An interesting look at diversity of family food intake by country. It's amazing how different we eat based on where we live. The cost varies widely as well. Germany: The Melander family of Bargteheide Food expenditure for one week: 375.39 Euros or $500.07 United States : The Revis family of North Carolina (most American families eat more fresh fruits and vegetables and less junk food than this family) Food expenditure for one week $341.98 Italy: The Manzo family of Sicily Food expenditure for one week: 214.36 Euros or $260.11 Mexico: The Casales family of Cuernavaca Food expenditure for one week: 1,862.78 Mexican Pesos or $189.09 Poland: The Sobczynscy family of Konstancin-Jeziorna Food expenditure for one week: 582.48 Zlotys or $151.27 Egypt: The Ahmed family of Cairo Food expenditure for one week: 387.85 Egyptian Pounds or $68.53 Ecuador: The Ayme family of Tingo... More About: Pictures , Country , Weekly
State of Indian exporters
2008-01-19 18:20:00 By Vipin Agnihotri In my opinion, the appreciation of the rupee against the dollar has severely eroded the profit margins of Indian exporters, forcing them to contemplate drastic measures such as minimizing workforce. Most of the Indian exporters are losing orders because of the increase in the rupee value. Not so long ago, Federation of Indian Export Organisations (FIEO) announced that traditional exports have been severely affected and that almost four million people have lost their jobs. Point to be noted here is that if the trend persists, there is a good chance that eight million more jobs will be lost in the days to come. According to sources, textiles and leather industries, which source their raw materials more or less from the domestic market, have been severely hit. As a matter of fact, 600,000 people in the textiles industry alone will lose their jobs next year. The IT industry is also facing the heat from rising rupee. In terms of statistic, from a mere 5 per cent sha... More About: State
Review of IndianKanoon.com
2008-01-17 05:19:00 By Vipin Agnihotri Good news for all of you who are interested in getting details about Indian laws and its interpretation. New portal IndianKanoon.com has come into the fray. This portal acts as a search engine for Indian laws and court judgements. It has been noticed that in India you have to pay loads of money to the lawyers if you are interested in getting some information out from them. With the help of this portal, not only you will save money but you also do need to contact the lawyer. You can get the information from the comfort of your home. The main objective of IndianKanoon.com is to bring the knowledge of law to the common people. IndianKanoon.com accomplishes it by breaking law documents into smallest possible clause. In addition, it also integrates law/statutes with court judgments. No one is going to argue with the fact that a tight integration of court judgments with laws allows automatic evaluation of the most relevant clauses and court judgments. In my opinion... More About: Review
WARNING: Avoid air trips to Bangalore
More articles from this author:2008-01-16 04:52:00 By Vipin Agnihotri If you have plan a trip to Bangalore by air this year, my suggestion is to avoid it for some time. This is because of the simple reason that the new international airport at Devanahalli will open on March 30, but the roads connecting it to the city will take some time to shape up. Most of the industrialists are urging government to retain the existing HAL airport till the roads are in order. But looks like Bangalore International Airport Limited (BIAL) are in no mood to listen. According to BIAL sources, you cannot have one airport for long haul and another for short-haul flights. It is worth mentioning in this regard that Hindustan Aeronautics Ltd (HAL), the defense aerospace public sector undertaking, will lose Rs 150 crore on a yearly basis because of the closure of the present airport. In my opinion, Bangalore?s air traffic is showing signs of tremendous growth, forcing BIAL to enhance airport capacity by 40 percent. Point to be noted here is that when the p... More About: Warning , Avoid 1, 2, 3, 4, 5, 6, 7 |
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