Monday, February 11, 2008

Reliance Power trades at discount

Equity shares of Reliance Power were listed at the bourses today (February 11). The shares opened at Rs 547.80, a premium of Rs 21.73% to the issue price of Rs 450. It touched a high of Rs 599.90, low of Rs 389 and is currently trading at a discount to the issue price at Rs 445.90. A total of 21,189,241 shares have exchanged at the BSE. (10.40 a.m).

The Anil Dhirubhai Ambani Group company had created history by becoming the largest initial public offering ever in India. It received an overwhelming response from investors, with the issue being subscribed 73 times. The price band for the issue was fixed between Rs 405 to Rs 450 a share. The issue price was fixed at Rs 450; retail investors received the shares at a discount of Rs 20.

Kotak Mahindra Capital, UBS Securities India, ABN AMRO Securities (India), Deutsche Equities India, Enam Securities, ICICI Securities, JM Financial Consultants, JP Morgan India, Macquarie India Advisory Services, and SBI Capital Markets have helped the company to raise funds via this public issue.

Reliance Power is currently engaged in the construction and development of various gas and coal based thermal power projects and hydro power projects in various parts of the country. The issue proceeds are proposed to be utilized for funding subsidiaries to part-finance the construction and development costs of the various projects under development and for general corporate purposes.

TCS job cut, TCS asks 500 Employees to Leave

India's leading software services company, TCS, have announced that around 500 employees have been asked to resign due to their poor performance.

The company review staff performance twice a year where staff are rated on a scale of 1 to 5. Staff with low scores are either asked to re-train or sent for counselling depending on their role. Staff who are unable to meet the performance requirements are asked to find work elsewhere.

It has been speculated that IT companies have started actually tough regarding employee productivity as a result of the rupee rising against the dollar.

In the last quarter of 2007 TCS employeed 4,037 new employees taking the total number up to 108,229. A year previous to this the total headcount was 83,500.

FAMOUS Tongue twisters.!!

Try saying these fast!!


ALL THE BEST.......


1.If you understand, say "understand". If you don"t understand, say
"don"t understand". But if you understand and say "don"t understand".
How do I understand that you understand? Understand!

2.I wish to wish the wish you wish to wish, but if you wish the wish
the witch wishes, I won"t wish the wish you wish to wish.

3.Sounding by sound is a sound method of sounding sounds.

4.A sailor went to sea to see, what he could see. And all he could
see was sea, sea, sea.

5.Purple Paper People, Purple Paper People, Purple Paper People

6.If two witches were watching two watches, which witch would watch which watch?

7.I thought a thought. But the thought I thought wasn"t the thought I
thought I thought. If the thought I thought I thought had been the
thought I thought, I wouldn"t have thought so much.

8.Once a fellow met a fellow In a field of beans. Said a fellow to a
fellow, "If a fellow asks a fellow, Can a fellow tell a fellow What a
fellow means?"

9.Mr Inside went over to see Mr. Outside. Mr. Inside stood outside
and called to Mr. Outside inside. Mr. Outside answered Mr. Inside from
inside and Told Mr. Inside to come inside. Mr. Inside said "NO", and
told Mr. Outside to come outside. Mr. Outside and Mr. Inside argued
from inside and outside about going outside or coming inside. Finally,
Mr. Outside coaxed Mr. Inside to come inside, then both Mr. Outside
and Mr. Inside went outside to the riverside.

10.SHE SELLS SEA SHELLS ON THE SEA SHORE , BUT THE SEA SHELLS THAT
SHE SELLS, ON THE SEA SHORE ARE NOT THE REAL ONES

11.The owner of the inside inn was inside his inside inn with his
inside outside his inside inn.

12.If one doctor doctors another doctor does the doctor who doctors
the doctor doctor the doctor the way the doctor he is doctoring
doctors? Or does the doctor doctor the way the doctor who doctors
doctors? "When a doctor falls ill another doctor doctor"s the doctor.
Does the doctor doctoring the doctor doctor the doctor in his own way
or does the doctor doctoring the doctor doctors the doctor in the
doctor"s way"

13.We surely shall see the sun shine shortly. Whether the weather be
fine, Or whether the weather be not, Whether the weather be cold Or
whether the weather be hot, We"ll weather the weather Whatever the
weather, Whether we like it or not. watch? Whether the weather is hot.
Whether the weather is cold. Whether the weather is either or not. It
is whether we like it or not.

14.Nine nice night nurses nursing nicely.

15.A flea and a fly in a flue Said the fly "Oh what should we do" Said
the flea" Let us fly Said the fly" Let us flee" So they flew through a
flaw in the flue

16.If you tell Tom to tell a tongue-twister his tongue will be
twisted as tongue-twister twists tongues.

17.Mr. See owned a saw. And Mr. Soar owned a seesaw. Now See"s saw
sawed Soar"s seesaw Before Soar saw See, Which made Soar sore. Had
Soar seen See"s saw Before See sawed Soar"s seesaw, See"s saw would
not have sawed Soar"s seesaw. So See"s saw sawed Soar"s seesaw. But it
was sad to see Soar so sore Just because See"s saw sawed Soar"s
seesaw.....

GATE 2008 MECHANICAL Key

GATE 2008 ELECTRICAL Key

ELECTRONICS AND COMMUNICATION GATE KEY!!

Friday, February 1, 2008

Anna University has told its affiliated engg colleges to stop conducting placement prog

Anna University has told its affiliated engineering colleges to stop conducting placement programmes for third year students. For students passing out in 2009, campus interviews will be conducted from June 2008.

The move comes after complaints from parents of final year students to the Chief Minister's Cell and the Anna University Vice-Chancellor. The All-India Council for Technical Education has also advised that such a ban be put in place. In a letter to affiliated colleges on January 25, Anna University Vice-Chancellor D. Viswanathan said that the AICTE chairman and other academicians feel that "recruitment conducted to the pre-final year students is not advisable in terms of testing the domain skill and behavioural skill of the students."

Bookmark and Share

latest trends!!!!!!