Tata Sponge Iron : Target Price Rs. 420

For 4Q FY 2012, Tata Sponge Iron (TSIL) reported a 6% yoy decline in its revenue to Rs. 184 cr, 15.5% higher than our estimate of Rs. 159 cr. The company’s EBITDA margin came in at 13.9%, lower by 4.93% q o q, from 18.8% in 3Q FY 2012 due to increased raw-material costs as…
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Tata AIG General Insurance : Renewable Reimbursement Health Insurance

Tata AIG General Insurance  : Renewable Reimbursement Health Insurance
Tata AIG General Insurance on recently launched its first domestic lifetime renewable reimbursement health insurance policy, namely  MediPrime. Mr. Gaurav D Garg, Tata AIG MD & CEO said, “MediPrime is specifically designed to meet the current requirements of the consume…
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Chennai Realty Property Show 2012 : Today Opens

Chennai Realty Property Show  2012 : Today Opens
Chennai Realty Property Show 2012, today (April 27) opens at Chennai Trade Centre, Nandambakkam,  Chennai.  * A thousands of footfalls , focused selling to just target audience * Hundred builders/Promoter/developers under one roof,  lakhs of houses * A  2,000 Sq. ft  of excl…
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Share Review - NBCC Target Rs. 160

Share Review - NBCC  Target Rs. 160
National Buildings Construction Corp (NBCC) has a negative EV as its market cap is less than the cash on books of Rs. 1,350 crore , which shows that you are getting business almost free. With no debt on books and financial strength the company is an attractive play in the …
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Maiden Fund : IDBI India Top 100 equity fund

Maiden Fund : IDBI India Top 100 equity fund
IDBI Mutual Fund launched its maiden equity scheme namely,  IDBI India Top 100 equity fund', probably in anticipation of a potential up move in equity markets going ahead after the recent slump. The NFO opened for subscription from April 25, 2012. And invest up to May 9…
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High Court Order to State Govt : Compensate land owners to pay Rs. 1 lakh

High Court Order to State Govt : Compensate land owners to pay Rs. 1 lakh
Taking serious note of the inordinate delay being caused in payment of compensation to land owners in Punjab, the Punjab &  Haryana High Court has told the state government to ensure that no further delay is caused in this regard. Unnecessary delay..! If the state fails …
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Car Parking : How Much Square feet Need?

Car Parking : How Much Square feet Need?
By Mr. Jagadeesh, MD, JJ Homes, Chennai FIRST ONE GAME! Please  Select Any  ‘6’ Cars From This, ALTO, ZEN ESTILO, WAGON R, OMNI, NANO, SANTRO, EON, SPARK, …. FIRST, let’s welcome and celebrate with Mrr. Amel, Mr. Srinivasan and family for their new car purchase! Usually,…
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World Malaria Day - April 25

World Malaria Day - April 25
Every year on 25 April World Malaria Day is commemorated . It recognizes to control malaria due to global efforts .Globally, 330 Crore people in about 105 countries are ain risk of malaria.  In the year 2009, nearly 7.81 lakh  people died from malaria, mainly women and child…
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YES SWARN: Gold Bullion distribution

India’s 4th largest private sector Bank, Yes Bank has entered into Gold Bullion distribution under the YES SWARN brand, making available the revered &  precious yellow metal at competitive prices. With YES Swarn, the Bank has added yet another on demand investment option…
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Approval Clearance Delays : Developers to Protest

Mumbai's real estate sector has taken a decision to protest decision deficit and policy paralysis in the state and central governments and various agencies. A large number of real estate  organisations, including  MCHI (Maharashtra Chamber of Housing Industry) and CRED…
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