31july2006
02:42 126 US grads join Infosys, start training at Mysore
06:50 Infosys to invest Rs 1,200 cr on training facilities
07:34 Usha Martin to invest Rs1200cr in 4 years
07:11 Dishman to invest Rs700cr in pharma, engg SEZs
06:48 Reliance Communications Q1: Net at Rs 513 crore
06:47 IOC Q1: Net profit at Rs 1,781cr
06:45 Tata Power Q1: Net at Rs 121.85 cr
06:44 FIIs net buyers of Rs 131cr on Friday
06:22 MMTC chalks out Rs 20,000 cr capex
06:07 Hero Honda hikes bike prices by up to Rs 2000
04:59 Sintex Industries Q1net profit up 47%
04:12 Radico Khaitan Q1 net profit up 20%
04:00 Suzlon to set up innovation centre in Denmark
03:48 JSPL Q1 net profit up 2%
03:25 Orchid pays $3mn to buy out US-based Bexel
03:02 Sterling Biotech Q2 net up 16%
02:24 Sun TV Q1: Net up 52% at Rs 42.23 cr
02:23 Dishman to float pharma, engg SEZs
01:22 Apollo Hospitals' board panel to review Lanka offer
12:10 FII-TO-FII TRADES: Bharti Airtel gets 12% prem
05:54 Q1 fiscal deficit crosses 50% of estimates for FY07
04:02 WB Govt plans 26,000-acre floriculture park
12:11 Mumbai Blasts: Key figures could have been held
12:06 Mumbai Blasts: Journalist arrested for links
10:30 Angel Broking: 3147 key level for Nifty
10:27 HDFC Sec: 3170 key level for Nifty
10:17 Brics PCG: Week to start on a positive note
09:18 Pre-market: Early gains likely
08:47 Asian indices shine in early trade
08:26 FIIs' net buys Rs 216 cr in F&O on Friday
11:00 Punjab National Bank Q1 net rises marginally
04:00 Sensex pares gains on profit-taking, ends up 64pts
03:44 Sensex ends up 64pts at 10,744
03:12 Sensex pares gains, up 77pts
02:51 Sensex up 124pts; BHEL surges 5%
02:29 Sensex up 139pts; HLL slips 2%
02:06 Sensex soars 149pts; BHEL, ICICI Bank lead
01:30 Sensex soars 173pts; tech stocks rally
12:58 Sensex up 139pts; ICICI Bank zooms 4%
12:35 Sensex up 130pts; HLL slips into red
11:57 Sensex up 149pts; market breadth +ve
11:27 Sensex gains 161pts; RCL, Saytam shine
10:54 Sensex up 144pts; RCL rallies 3%
10:23 Sensex up 111pts; Hindalco surges 2%
10:08 Sensex up 121pts; HLL surges 3%
09:57 Sensex soars 124pts at open
07:54 Route all STD calls via BSNL: TDSAT tells Bharti
06:58 Infosys opens Nasdaq trade from Mysore
08:57 Rs 126 cr bonanza for Infy employees
08:41 Karnataka govt seeks Narayana Murthy's services
08:35 Replicate Infosys' success: Chidambaram
08:04 Century Textiles' board okays Rs 790 crore capex
06:07 HLL Q2: Net up 35% at Rs 381 cr
05:06 Ashok Leyland Q1: Net up 7% at Rs 69.2 crore
04:30 OBC quota issue: PM faces uphill task
02:14 Israeli air strikes kill dozens in south Lebanon
01:59 Have given India list of terror camps: Pak
11:59 SAIL to invest Rs 10,300 crore in West Bengal
11:22 16 Indians killed in Bahrain fire
now DETAIL NEWS
1.Usha Martin to invest Rs1200cr in 4 years
Usha Martin will be investing Rs 1,200 crore over the next four years, P Bhattacharya, joint managing director of Usha Martin, said.
The company is one the largest steel wire makers in the world. The investment would go towards the company's capital expenditure to enhance steel capacity expansion to one million tonne as well as value added product capacity enhancements. The one million tonne would be achieved in two phases, Bhattacharya said at on the sidelines of the company's AGM.
The company today obtained shareholders' approval for raising up to $75 million by way of public issue, private placement, preferential allotment basis, along with an option to the lead manager to acquire up to an additional 20% equity shares or GDRs or FCCBs or ADRs.
The raising of money was just an enabling resolution which would give the management more flexibility in choosing the right financing option, Rajeev Jhawar, MD of Usha Martin, said.
Usha Martin aims to be the largest wire rope company over the next couple of years. The company had tied up backward linkages. Bhattacharya said, the iron ore mine was operational and coal mining would commence by the end of this year.
2.Dishman Pharma plans to have a dedicated pharmaceutical SEZ at an investment of Rs 400 crore.
The company expects three European and two US pharma companies to set up manufacturing units in its proposed pharma SEZ, wherein it will also have its own API unit. Dishman also proposes to have an engineering SEZ - at an investment of Rs 300 crore - adjacent to its pharma SEZ.
3.Reliance Communications Q1: Net at Rs 513 croreReliance Communications (RCL) has posted a consolidated net profit of Rs 513 crore for the quarter ended June 30, 2006 (Q1FY07). The company had posted a net loss of Rs 250 crore for the quarter ended June 30, 2005 (Q1FY06).
According to an official release issued by RCL to the BSE today, total net revenue for Q1FY07 is is Rs 3,250 crore when compared with Rs 2,283 crore for the quarter ended June 30, 2005.
4.IOC Q1: Net profit at Rs 1,781cr
Indian Oil Corporation today reported a net profit of Rs 1,780.52 crore for the quarter ended June 30, 2006 when compared with a net loss of Rs 57.93 crore in Q1FY06.
5.Q1 fiscal deficit crosses 50% of estimates for FY07With expenditure far exceeding receipts, the central government's fiscal deficit during the first quarter of this fiscal has crossed 50% of the budget estimates of Rs 1,48,686 crore for the entire FY07.
At 77,740 crore, fiscal deficit during April-June period actually accounted for 52.30% of the projected figure for the entire year.
6.Mumbai Blasts: Key figures could have been held
Arrest of prime Lashkar-e-Toiba (LeT) suspects Rahil Sheikh in April and Zabiuddin Ansari in May during police raids could have probably averted the July 11 blasts here, police sources said.
Rahil and Zabiuddin are the prime suspects in the blasts case, and after the police made an unsuccessful attempt to nab them earlier this year, the duo are suspected to have moved to Pakistan from where they are co-ordinating LeT activities in Mumbai, informed sources said here today.
Rahil Sheikh was holed up in Mumbai when a joint operation of Mumbai and Delhi Police was launched to arrest him in April-May this year, sources said.
Being a prime suspect in the October 2005 Delhi serial blasts, Rahil was already wanted by the Delhi Police. With his LeT activities in Maharashtra coming under the scanner of the Anti Terrorism Squad, the two worked out a plan to nab him, sources said.
7.Sensex pares gains on profit-taking, ends up 64pts
The Sensex opened with a huge positive gap of 79 points at 10,759. Firm trend for the major part of the trading day saw the index rally to a high of 10,854.
The index pared gains in late afternoon deals on profit-taking following the near 1,000-point rally in the last six trading sessions. The index - at today's high of 10,854 - was up 979 points from its intra-day low of 9875 hit on July 24.
The Sensex slipped to a low of 10,711 - down 143 points from the day's high - before finally ending with a gain of 64 points at 10,744.
The market breadth was positive - out of 2,511 stocks traded, 1,510 advanced, 928 declined and 73 were unchanged today.
INDEX MOVERS & SHAKERS
BHEL surged 4% to Rs 2,045. Satyam and Maruti rallied 2.4% each to Rs 755 and Rs 787, respectively.
ICICI Bank and Wipro advanced 2% each to Rs 554 and Rs 491, respectively.
SBI, Tata Motors, Reliance Communications, Cipla, Infosys and ITC were up around 1.5% each.
HLL which gained over 3% in early trades, took a sharp dip and dropped to a low of 230 before ending with a loss of over 4% at Rs 232.
Grasim shed 2% to Rs 2,077.
VALUE & VOLUME TOPPERS
Reliance topped the value chart with a turnover of Rs 129.50 crore followed by SBI (Rs 93.30 crore), Satyam (Rs 87.85 crore), Tata Steel (Rs 83.17 crore) and Century Textiles (Rs 80.10 crore).
G V Films led the volume chart with trades of around 1.03 crore shares followed by Hindustan Motors (34.66 lakh), Reliance Communications (28.34 lakh), India Cements (26.81 lakh) and Century Textiles (20.12 lakh).
8.Route all STD calls via BSNL: TDSAT tells Bharti
In a setback to basic telephone services provider Bharti Telnet, telecom tribunal TDSAT has rejected its petition and directed that long distance (STD) call traffic of Bharti would be carried by BSNL from the point of origin.
Bharti had contended it was entitled to carry long distance call traffic on its own up to the point where its network was available - a move which would have resulted in huge savings to the company on payment of interconnection charges to BSNL.
9.OBC quota issue: PM faces uphill task
Prime Minister Manmohan Singh faces a tightrope walk on the OBC quota issue in the wake of Moily committee's wide ranging recommendations obliquely suggesting a staggered implemention of reservation in higher educational institutions.
This is because the Prime Minister has to decide fast on the interim report of the Oversight Committee whose recommendations are likely to be taken into consideration while framing a Bill on quota.
The government has said the Bill would be introduced during the current session of Parliament and a draft legislation is under preparation. Backed by support from Left parties and allies like DMK and PMK, Union Human Resource Development Minister Arjun Singh was keen on implementing the process in one go from the next academic year.
10.Have given India list of terror camps: Pak
In an ironic twist to India's long-standing complaint of terror camps existing on its soil, Pakistan on Saturday said it had given a list of terrorist training camps in India and expected New Delhi to dismantle them.
"We have given the list (of terrorist training camps) to India and we would expect India to dismantle them," Pakistan Foreign Office Spokesperson Tasneem Aslam said, adding the allegation about existence of 52 terror training camps on Pakistani soil was 'a figment of imagination."
Tasneem was reacting to an interview given by Minister of State for External Affairs Anand Sharma to television channel Times Now during which he had said the next foreign secretary-level talks were unlikely till Islamabad takes 'some action' against training camps operating from Pakistani soil.
In the interview, Sharma had said: "Talks cannot be ritualistic. Talks have to be sincere. We are committed to a sincere process for the restoration of peace and normalcy in the region. Pakistan has to demonstrate its commitment and sincerity. That can be only by fulfilling the assurances which they have given. I am very clear on that."
Stating that Pakistan has to do something to improve the environment, he said: "We have not vitiated the environment. We cannot be held responsible for what is happening now."
:big_grin:
YOUR SUN SIGN_____======_______==========_____========:SugarwareZ-191: :SugarwareZ-191:
TAURAS
The Taurean's characteristics are solidity, practicality, extreme determination and strength of will - no one will ever drive them, but they will willingly and loyally follow a leader they trust. They are stable, balanced, conservative good, law-abiding citizens and lovers of peace, possessing all the best qualities of the bourgeoisie. As they have a sense of material values and physical possessions, respect for property and a horror of falling into debt, they will do everything in their power to maintain the security of the status quo and be somewhat hostile to change.
Mentally, they are keen-witted and practical more often than intellectual, but apt to become fixed in their opinions through their preference for following accepted and reliable patterns of experience. Their character is generally dependable, steadfast, prudent, just, firm and unshaken in the face of difficulties. Their vices arise from their virtues, going to extremes on occasion,such as sometimes being too slavish to the conventions they admire.
On rare occasions a Taurean may be obstinately and exasperatingly self-righteous, unoriginal, rigid, ultraconservative, argumentative, querulous bores, stuck in a self-centered rut. They may develop a brooding resentment through nursing a series of injuries received and, whether their characters are positive or negative, they need someone to stroke their egos with a frequent, "Well Done!" Most Taureans are not this extreme though.
They are faithful and generous friends with a great capacity for affection, but rarely make friends with anyone outside their social rank, to which they are ordinarily excessively faithful. In the main, they are gentle, even tempered, good natured, modest and slow to anger, disliking quarreling and avoiding ill-feeling. If they are provoked, however, they can explode into violent outbursts of ferocious anger in which they seem to lose all self-control. Equally unexpected are their occasional sallies into humor and exhibitions of fun.
Although their physical appearance may belie it, they have a strong aesthetic taste, enjoying art, for which they may have a talent, beauty (recoiling from anything sordid or ugly) and music. They may have a strong, sometimes unconventional, religious faith. Allied to their taste for all things beautiful is a love for the good things of life pleasure, comfort, luxury and good food and wine and they may have to resist the temptation to over indulgence, leading to drunkenness, gross sensuality, and covetousness.
In their work, Taureans are industrious and good craftspeople, and are not afraid of getting their hands dirty. They are reliable, practical, methodical and ambitious, within a framework of obedience to superiors. They are at their best in routine positions of trust and responsibility, where there is little need of urgency and even less risk of change, and a pension at the end. Yet they are creative and good founders of enterprises where the rewards of their productiveness come from their own work and not that of others.
They can flourish in many different trades and professions: banking, architecture, building, almost any form of bureaucracy, auctioneering, farming, medicine, chemistry, industry Taureans make good managers and foremen surveying, insurance, education and, perhaps surprisingly, music and sculpture. They make an ideal trustee or guardian, and can attain eminence as a chef. Some Taureans are gifted enough in singing to become opera stars or to excel in more popular types of music.
They are more than averagely amorous and sensually self-conscious, but sexually straightforward and not given to experiment. They make constant, faithful, home loving spouses and thoughtful, kindly parents, demanding too much of neither their spouses nor children. They can be over possessive and may sometimes play the game of engineering family roles for the pleasure of making up the quarrel. If anyone offends their amour proper they can be a determined enemy, though magnanimous in forgiveness if their opponent makes an effort to meet them halfway.
No other sign in the zodiac is closer to earth then Taurus. The main objective in leading a Taurean life is primarily (though not entirely) to maintain stability and physical concerns. Your inner spiritual sense longs for earthly harmony and wholesomeness. When you fully understand this, and work toward this end, you will no longer need to blindly reassure yourself with external possessions and comforts. A realization that finding this inner peace will cause all of the above mentioned positive things will overtake you and your life will be very full.
Ultimately the Taurean needs to discover their truest, deepest and highest values. When they know what is truly valuable, they are no longer chained to people and to things that have to do with lesser values. The greatest indication of value to a Taurean is beauty, which cannot be owned, only appreciated.
Possible Health Concerns...
Taurus governs the throat and neck and its subjects need to beware throat infections, goiter and respiratory ailments such as asthma. They are said to be at risk of diseases of the genitals, womb, liver and kidneys, and of abscesses and rheumatism. Because their body type has an inclination to physical laziness, Taureans can be overweight.
LIKES
Stability
Being Attracted
Things Natural
Time to Ponder
Comfort and Pleasure
DISLIKES
Disruption
Being pushed too hard
Synthetic or "man made" things
Being rushed
Being indoors
PROBLEMS THAT MAY ARISE FOR YOU, AND THEIR SOLUTIONS As with all sun signs, we all have unique traits to our personalities. When these traits are suppressed, or unrealized, problems will arise. However, with astrology we can examine the problem and assess the proper solution based on the sun sign characteristics. As a Taurean you may see things below that really strike home. Try the solution, you most likely will be amazed at the results. If you find yourself on the receiving end of the negatives below, it is because you are failing to express the positive.
PROBLEM: Having feelings of being used and manipulated, led down the garden path and made a sucker of.
SOLUTION: Realize that your magnetism attracts negative as well as positive influences. You need to choose your friends, not let them choose you.
PROBLEM: Physical things start loosing their appeal, and you feel more and more out of touch with the world around you. You stop caring so much about how much money you have among other physical concerns.
SOLUTION: You are starting to discover an inner harmony that is trying to replace the physical with spiritual. You must let this grow without killing the part of you that provides sustenance for your family.
PROBLEM: Unexplained fear of loss, jealousy and a paranoia that others are out to get you.
SOLUTION: You have within you the ability to not only attract faithfulness, but also the intellect to see what is truly going on around you. You are loosing faith in both of these personal traits. Rebuild that faith.
PROBLEM: Feeling depressed with life. Disgusted and dissatisfied. People around you are little comfort. You feel that life lacks meaning. Easily addicted to physical pleasures.
SOLUTION: Revisit and realize the value of spiritual things in life. Take control of your life by realizing it is not the things in life that are important, but the spirit behind it all.
ZEN STORY TIME FOR MANAGERS:SugarwareZ-191:
The Most Important Teaching
A renowned Zen master said that his greatest teaching was this: Buddha is your own mind. So impressed by how profound this idea was, one monk decided to leave the monastery and retreat to the wilderness to meditate on this insight. There he spent 20 years as a hermit probing the great teaching.
One day he met another monk who was traveling through the forest. Quickly the hermit monk learned that the traveler also had studied under the same Zen master. "Please, tell me what you know of the master's greatest teaching." The traveler's eyes lit up, "Ah, the master has been very clear about this. He says that his greatest teaching is this: Buddha is NOT your own mind."
People's reactions to this story:
"The most important teaching is to think for yourself. Unfortunately, the poor pathetic monk wasted 20 years of his life to learn it. If you're going to mediate on a philosophy for 20 years, it better be your own!"
"One's own mind is just that - what you believe, not what someone else said."
"I think the second monk was wiser than the first. We are our own teachers, and he saw this rather than passively accepting the truth, like the first monk."
"What is mine isn't yours and my mind is not Buddha for you - or something like that. I believe this story conveys knowledge that I don't have. I think I identify with the first monk."
"What the Zen master was trying to get his students to understand is that what HE said to them was not important. He wanted to get them thinking for themselves."
"Don't be so quick to believe everything you hear."
"Even the greatest teachers and experts make mistakes. Be your own teacher and evaluate what is important to you - never take a teaching at face value!"
"How can you have any coherence in your teachings if you keep changing your ideas?"
"Great masters can make mistakes that waste or even ruin the lives of their followers."
"I don't believe that the monk wasted his time at all. As with everything, there must be a balance....."
"It just goes to show you how ambiguous people can be."
"I feel a bit confused or frustrated yet find it funny. It reminds me of that Saturday Night Live bit where the person in charge of the nuclear reactor tells his underlings that before he leaves he has just one thing to tell them and it's very important: 'You can't have too much water in a nuclear reactor!"
"I found this story confusing - I guess the truth is confusing."
"This story is much like something I was once taught in Freshman Physics:
Q: Is light a particle or a wave?
A: Yes.
"Bob Dylan Wrote a song titled Serve Somebody, I think if the Monk only had a CD player he might have had maybe one more option. Twenty years?"
"The story was predictable, and reminded me of a joke I once heard, but I can't seem to remember what it was."
"The irony of this story is more powerful than the message - but, to be honest, I'm not sure what the message was."
"We all interpret things according to our own personality and desires."
"It's amazing how people interpret the same message in totally different, and sometimes totally opposite, ways. We are all individuals who find different paths to enlightenment."
"This story is an excellent overview of today's society - of how one missed word can greatly change the meaning of one's life. Had the hermit heard the word 'not' the first time 20 years earlier, his life would have been layed out completely different."
"Teachings change all the time, no matter how profound they may seem at the moment. We have to remain flexible to change as ideas change - which is a fact of life that itself will no doubt change."
"Everyone's views on things are constantly changing, so it's important to keep up and in contact with our ever-changing world. 20 years ago the Zen master believed that Buddha is your own mind. Now he believes it is not. So the hermit lost 20 years of his life to an old theory."
"I can't see how anyone could spend 20 years of their life probing one great teaching. He missed so many life-experiences by hiding out in the wilderness."
"I think the monk found buddha within if he truly spent twenty years meditating on what is buddha and what is your mind. The not is incidental."
"25 years of meditation are worthy if they are realy spent in the search of Light. It doesn't matter much if the catalyser of the meditation is a particular statement or its opposite."
"The story is not about the monks, their lives or the specific 'truths' that masters impart. It is about enlightnment - which lies outside the realm of the conceptual. To trick your mind into letting go, the master sets up a paradox. The opposite 'truths' exist at the same time in the same place which snaps logic's grip on your mind and releases you to clear perception. Zen / Not-Zen, at the same time in the same place!"
"There is no single concept that can be expressed to encompass buddha\truth. paradox rules. deal with it."
"While Buddha is not your own mind, your own mind is Buddha."
"Perhaps this story means that one needs experiences to feed the mind, and by becoming a hermit, the monk lost his mind."
"Too bad he didn't have any books to burn"
"I'd be real pissed off if I was that hermit!"
"The hermit's problem is that he has been carrying around that teaching as words. But he never realized what the teaching meant to him. You may be able to recite the words, but if you don't know what they mean, what's the use?"
"People tend to jump head first and follow an idea without seeing it through. This person meditated for 20 years only to learn that the greatest teaching is NO teaching at all."
"(1) I think he would have gone up and meditated for 20 years on anything the master said (or what he thought he said). (2) Maybe the second monk was just a prankster looking for something to do. (3) Is this guy a sloooow learner or what ?"
"This story should make people realize what a crock some religions are. There are so many religions, cults, and followers nowadays that it makes me want to kick someone's ass - especially those who exploit other people who are naive and gullible. No, I take it back, maybe they deserve it for being so stupid!"
Reminds me of something one of my teachers once said: "Everything is black or white. Nothing is black or white."
"I don't believe that the 20 years the first monk spent on this koan was wasted (incidentally, several respondents assumed that the second monk had been given the "right" koan - why?). All of us spend any 20-year span in the presence of our own minds, and perceive the world through this personal filter. So, if the monk had been an astrophysicist or an NBA forward, could his time truly have been spent any more usefully? I don't think so."
"The Zen Master needs to get a real job and buddha is just a marketing idea which changes to suit the consumer."
MANAGEMENT JOKES::SugarwareZ-254:
A man is flying in a hot air balloon and realizes he is lost. He reduces height and spots a man down below. He lowers the balloon further and shouts: "Excuse me, can you help me? I promised my friend I would meet him half an hour ago, but I don't know where I am."
The man below says: "Yes. You are in a hot air balloon, hovering approximately 30 feet above this field. You are between 40 and 42 degrees N. latitude, and between 58 and 60 degrees W. longitude."
"You must be an engineer" says the balloonist.
"I am" replies the man. "How did you know."
"Well" says the balloonist, "everything you have told me is technically correct, but I have no idea what to make of your information, and the fact is I am still lost."
The man below says "You must be a manager."
"I am" replies the balloonist, "but how did you know?"
"Well", says the man, "you don't know where you are, or where you are going. You have made a promise which you have no idea how to keep, and you expect me to solve your problem. The fact is you are in the exact same position you were in before we met, but now it is somehow my fault."