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http://www.goodnewsindia.com/index.php/Magazine/story/alkaZ/
The Economic Times
Mumbai: Orders worth as much as Rs 20,000 crore await telecom equipment companies, backoffice service providers and call centres with the government opening the gates for more service providers to set up mobile phone operations, industry experts said.
And it is not just the multinationals such as Nokia and Huawei who will benefit, but also the small domestic players such as Kavveri Telecom, Spanco and Aegis BPO, they said.
The 9 groups that received a total of 121 LoIs from the Department of Telecommunications can start rolling out their services from late 2008 subject to availability of mobile frequencies. This will translate into a massive need for network infrastructure, equipment and support services. Telecom gear makers and business process outsourcing companies have already begun talks with the new entrants to tap this opportunity.
“This is easily a $4-5 billion opportunity for the industry with lot more players coming into the game,” said C Shivakumar Reddy, managing director of Kavveri Telecom, which has already begun talks with prospective players for supply of equipment. He said the current growth in the mobile phone market in India is enough to sustain the growth for companies like his for another two or three years and the entry of more players is the “icing on the cake”.
Bangalore-based Kavveri, primarily a sourcing partner for biggies such as Ericsson, ZTE and Alcatel-Lucent, said its revenue nearly quadrupled to Rs.102 crore and net profit surged to Rs.13.74 crore in the nine months to December 2007. The Kavveri stock rose 5% on the BSE on Monday.
“The scale of work from individual operators would ultimately depend on the individual operator’s growth plans. If the newer entrants want to compete straightaway with the likes of Vodafone and Bharti-Airtel, that would mean a stronger order book from their side for companies such as ourselves,” Mr Reddy told ET.
With millions more to be connected to the mobile phone network, the call centre business is also set to expand rapidly. “Many new players are embarking on what is a new activity for them. Which means they will increasingly look to outsource their non-core activities in the new business to back-office specialists such as us,” Aparup Sengupta, managing director, Aegis BPO Services, said.
BPO service providers can expect orders worth anywhere between Rs. 1,000 crore and Rs. 2,000 crore, Sengupta added. With wireless subscribers projected to touch the 500 million mark by 2010 and newer entrants attacking the market aggressively, the annual growth rate can exceed 75% for the next six years, he asserted.
Meanwhile, Mumbai-based Spanco Tele is also counting heavily on increased business flows in the back-office processes both from its existing clients and new players. The company is in advanced talks with a few players hoping to clinch new deals shortly. “We are looking at improved deal flows majorly in the BPO business as compared to the infrastructure vertical,” CEO Sandeep Soni said. Spanco’s clients include Airtel, MTNL and BSNL.
There will be room for all to exploit the new business and even government-run ITI won’t be left behind, an analyst said.
“The LoIs are definitely a good news for smaller players in the country. Although a majority of the business emerging out of the LoIs would be taken up by more established companies… the market for these smaller players would be significantly big as business is also seen coming to such players, “Parikshit Kandpal, analyst at Sushil Finance, said. The total demand in the country for base antennas alone is expected to reach Rs. 900 crore by 2010, he added.
Mr Ratan Tata, thank you very much!
You have created history, not because you have created the cheapest car in the world but because you have touched our emotions, our hearts. Thanks a million.
For more than 900 million Indians, who live ordinary lives, this is a rare moment when they feel like they are being taken care of by the rich and the mighty class.
Your class, I mean the others who are amongst the richest Indians, must be feeling a little squeamish today as they saw the overwhelming coverage of you unveiling your pretty car in the Indian press and on television.
Frankly, the best part of your endeavour is that you have taken terrific care to make sure that your car does not resemble a superior version of a Bajaj autorickshaw. That would have made us feel humiliated. Instead, you have done it with style, and class. Thanks again.
The stock exchange might not reacted favourably to your history-making venture, but that is also the proof that Tata Nano is not just about money. It’s about profits along with creating a great product.
Very soon the Bajajs and the Munjals, the Japanese and the Koreans will also realize this. We are told that you may be making a humble profit of only Rs 4,000 per Tata Nano, but life in globalization is about ideas plus profit.
In one single stroke you have created a new class within the Indian society. Overnight, my canteen manager Sitaram-ji, my driver’s elderly father who is a retired army man, my grocery supplier Mr Arora, and all such nice people with decent but limited income can start dreaming.
That’s wow! Really!
Till the 1990s, Indians were striving for roti, kapda, makan, water and roads. Then, the desires expanded. Consumerism started to find a foothold in the country, but glitzy acquisitions were still within the reach of only the fairly well heeled.
But, now, I cannot but be amused as I visualize a supervisor stepping out of his Alto-deluxe and his salesman disembarking from his Tata Nano for an informal meeting at a Barista outlet.
As expected, Bajaj Auto Ltd managing director Rajiv Bajaj talked about profits the other day. He said: “We have seen the car (Tata Nano) and it looks good, but I haven’t heard them (the Tatas) say that it will be profitable.”
No one can be so off the mark. To be an industrialist in the new economy is not to be a new zamindar. It is about inclusive growth without losing out on innovation, technology and growth.
Mr Tata, you have given shape to our secret desires. In all seriousness, India’s hyper-energetic middle class and the impatient poor who want to break into the upper economic layer salutes you today. You have accomplished what CPI (M) general secretary Prakash Karat — with his bagful of idealism — could not do, or what Prime Minister Manmohan Singh — with his five-page-long qualifications as an ace economist — could not do, and what all Karl Marx-quoting hypocrites could not dream of doing.
Tata Nano is the great symbol of Indian-ishtyle socialism. This is socialism suited for the 21st century. As a nano favour, Karat should write a letter to the United Progressive Alliance government recommending you for the Bharat Ratna because by thinking so big on behalf of those smiling and struggling Indians travelling awkwardly on unreliable two- or three-wheelers, you have given us something to boast about.
For the first time, our favourite pro-people activist and Centre for Science and Environment director Sunita Narain looked out of sync on TV on Thursday when she talked about congestion, pollution and the other inherent problems ’caused by’ the auto industry.
Right now, there are about five million cars and 70 million two-three wheelers on Indian roads. In the coming five years there might not be more than 500,000 Tata Nanos in the Indian market, but there will certainly be 500,000 ordinary Indian families enjoying a safer ride in their own four-wheeler.
The entire Nano event is important from only one point of view. We are taught that social democracy is all about the majority of people having an equitable share of the resources of the nation. Water, land, metals, food and roads — every basic requirement for living should be distributed in such a manner that more and more people reap the benefits. Since the last 60 years the rich who constitute a single digit percent of the population had all the roads to themselves except for the footpath.
“Yeh road tere baap ka hai?” is the common aggressive sentence ordinary pedestrians heard from insensitive car drivers. Yes, the road should be more the property of the common people of India, but those who can afford Marutis, Hondas and Skodas wrongly think that they should be given the right of way by pedestrians on wretched Indian roads. Yes, road common people ke baap ka hai, this is what Tata Nano is shouting from the rooftops. For that we are so happy, Mr Tata.
Creating roads was a capital-intensive development and took away a large share of the planned budget and ended up helping the rich and upper class much, much more. Huge chunks of land were taken away to build highways and expressways, but 80 per cent of people living around them have no use for them because they simply cannot afford the cars or even autorickshaws to drive on them.
People without cars had to struggle to have their share of the roads. The most shocking fact is that when the New Delhi government built a magnificent cluster of flyovers near the All India Institute of Medical Sciences, it simply forgot that there will be many people on foot too! Only after UPA chairperson Sonia Gandhi inaugurated it were some amendments made.
It’s so difficult to walk or even cycle in cities. Tata Nano is important from the point of view of having a piece of the pie of the national asset called ‘road.’ So far, only the rich could boast of driving on roads and highways.
But now the ‘other class’ will enter. Sunita Narain’s argument about pollution and congestion is first class but it comes at a wrong time and at the wrong place because it is a general argument applicable to all and mainly to Central government which is bereft of ideas on development.
The real reason behind the euphoria caused by the Tata Nano is the negligence of mass-transit systems in India since decades. Every ordinary Indian has his or her tale to share about how they have suffered in jam-packed and rickety state transport buses, how they are crushed in Mumbai local trains, and how elderly people dread travelling by any means of public transport.
It is a national shame to see the way women, children and the elderly travel in Mumbai’s local trains, but no government or industrialist thinks about putting their act together to help more than 4 to 5 million people even when Mumbai is reaching a breaking point.
For the first time, the Kolkata and Delhi metro rails gave ‘respect’ to the common man’s need for better transport.
We would like to believe that Tata Nano is a symbolic gesture to bring the common Indian in national focus. If India had better public transport, we would not have given a rousing welcome to Tata Nano.
MUMBAI: Terming as “corporate warfare” the attempts to sabotage Reliance Power’s IPO, Anil Ambani group on Wednesday said it would pursue all legal and other remedies to fight vested interests working against the biggest share sale in India’s corporate history.
“We have already complained to SEBI… We are happy that justice has prevailed and these vested interests have failed,” a Reliance-ADAG spokesperson said in a statement, while welcoming the interim stay given by the Supreme Court on the proceedings in Gujarat High Court on a petition filed against Reliance Power IPO.
Reliance-ADAG chief Anil Ambani had earlier said that though market regulator SEBI did not respond to the company’s complaints, it had cleared the IPO.
In its complaint, the group had named over a dozen top officials and associates of Mukesh Ambani-led Reliance Industries and alleged that they were sabotaging the IPO.
Aiming to raise up to Rs 11,700 crore, the Reliance Power IPO will hit the market on January 15 and close on January 18.
http://economictimes.indiatimes.com/Markets/IPOs/Corporate_warfare_on_to_derail_Reliance_Power_IPO_ADAG/articleshow/2685984.cms
(I personally feel this is a got up match that both the brothers are playing with public… its a well thought plan to dupe people for their money in the long run).
Thanks Sameer, you are a genious !!
WHAT IS VOLUME BREAKOUT?
W.D.Gann,a great forecaster of the stock market, has said that there are three parameters that govern the price movements,namely PRICE,VOLUME AND TIME(SPACE). There exists a particular relation and behaviour pattern between these three parameters. Obviously the price movements are the results of the supply and demand, but the time and volume parameters are very important background players who affect the price movements. I personally feel that price movements are the effects of movements in volume and time frame. So the real reason behind any price movement is the volume and time.
Volume breakout is a term used in technical analysis to indicate the unusual rise in volume( in the above sheet i have taken the volume of 2.5 times the average as the unusual). It has been revealed that the first thing that happens before any pricing action is the change in volume.
,so as a rule the jerk in price is followed by jerk in the volume. The above sheet taps the scrips in the market in which there is unusual volume in positive direction.(Means the volume has taken the price of the security up,indicating that the volume is in the interest of buying and not selling).
WHAT IS LIVE VOLUME BREAKOUT?
Mostly those who follow the eod(end of day data) for technical analysis come to know about the volume breakout after the closing of the market, and next day when they try to enter into the stock it has already ran up by considerable amount, to avoid such situation,my page tracks the securities volume during the live market and informs you as soon as the volume crosses the threshold value in positive direction, so i call it as the LIVE VOLUME BREAKOUT.
ENTRY AND EXIT RULES:
Rules for entry:
1.The stock has appeared in the live volume breakout sheet.
2.The eod chart for the scrip shows the rising RSI.
3.The eod chart for the scrip shows rising slow stochastic:
4.The main trend of the market is positive ( as obtained from nifty chart) i.e close above 20day ema.(The volume breakout doesn’t works when main market trend is negative).
Rules for exit:
1.Target achieved.
2.Stoploss triggered
3.Inactivity exit i.e if no price movement seen even after 12 trading days.
My own trading system with volume breakout:
1.Trading capital allocation
I have allocated a total of 80,000 rs/- for volume breakout, and i invest rs 8000/- in one scrip at a time. Thus at a time i have maximum of 10 positions in different scrips.(everybody should have such plan depending upon his own capital)
2.Entry decision
I prefer to enter into the scrip as soon as it appears on the sheet (with a quantity 4 times that of calculated for rs 8000, means if a scrip appears into the breakout page i buy in a quantity equal to rs 32000/-) and on 3:15 i square off the ¾ th quantity and keep the quantity equivalent of rs 8000 . The intraday gain brings down my average entry price. Rarely the price falls from the entry price in that case my entry price goes up, but i strictly square off the ¾ th quantity. Further i prefer to enter on the days when nifty is in upswing and avoid the entry on the days when nifty is closing near the days low.(because mostly when nifty closes near the low of the day, there are few chances of market zooming next day.) further as stated above i check the eod chart for the scrip before making the entry decision.
3.Free trade stoploss:
On next day of entering the scrip, i prefer to not to put the stop loss, on the third day i put the stop loss equal to ( entry price + brokerage), i call this as the FREE TRADE STOPLOSS. The logic behind is that even from the third day your stop loss is hit you don’t loose a single rupee from your capital. This is the key to capital preservation.
In case the stock has not moved in my favor on next day i prefer to apply the yesterday’s low as the stop loss or the stop loss indicated in the sheet. I prefer the manual exit at the time of market closing rather than applying the stop loss because sometime in high volatility we get stop loss hit unnecessarily.
4.Inactivity exit:
When i see that the stock is not moving towards the target even on the 12 trading day, i prefer to exit from the stock, and book the profit or loss whatsoever it may be. This opens to doors to trade in other better moving scrips rather than getting stuck in inactive scrips. But at least allow the 12 trading days to move it.
5.Booking profit( i book shares and not the cash)
One of my friend always use to repent on the fact that he had so and so stock at so and so price but booked profit and it is zooming now. To avoid this i use a unique technique to not to book profit in terms of shares and not the cash. Let me explain this with example :
suppose i bought a scrip XYZ at rs 50 a qty of 160 shares(50 *160=8000) and my target price is 56. now when the scrip reaches the target i sell only 144 ( 56*143=8064) and my profit is not in terms of money but my profit is 6 shares which i call free shares.
Now i forget about these shares i have earned, and my profit is also active now which also goes on multiplying. Further i need not to fear about this holding because my investment in these shares is 0 rs.
Thus as the time passes your portfolio goes on accumulating such free shares and it is active profit which goes on rising as well as gets dividend,splits etc.
6.Stick to your laws even in unfavorable situations:
The key to success of any system lies is following it strictly and having faith in it even when the system is going against, because in most cases when few stoplosses are hit the follower looses confidence and starts modifying the system as a point from where the system starts giving good output. I have personally back tested the system and found good results, you can also test the system with paper trade and then start actual trading with it.
For any clarification etc contact :engr.sameer@gmail.com
Disclaimer: The calls generated here are automatically on the basis of certain conditions, it is implied that users take positions at their own risk and in no case the owner of web page is responsible for the direct or indirect loss caused due to use of these recommendations.
http://breakouttrading.googlepages.com/vb
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