All about money that one needs
Despite the current economic gloom the mobile phones business in India is continues to surprise and continue to boom. Led by worlds lowest call rates and availibility of cheapest handsets this is one sector which promises continued growth in otherwise troubled times in Indian economy. To give you some insight to the kind of acclerated [...]
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Investors with a two-three year horizon can consider buying the share of Reliance Communications (RCom), going by its pan-India dual-technology mobile play and the strength in its enterprise division, both of which offer long-term growth prospects. At Rs 155, the stock is available at a reasonable seven times its likely 2008-09 per share earnings. RCom [...]
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Recliance Communication added 5 million subscribers in Jan. Indias second largest mobile operator added such a huge number after it started its GSM operation nation wide.Airtel added 2.73 million users and Vodafone added 2.4 million users.
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Reliance Communication (RCom) has entered into a Rs 500 million deal with US-based Ditech Networks to deploy the latter`s voice enhancement solution on its recently unveiled GSM network, reports Economic Times. The company said that this deployment is expected to enhance voice clarity on Reliance Mobile by approximately 30%. RCom is undertaking Ditech trial runs [...]
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US markets on Friday were marginally lower.Europe markets ended lower.Asia has opened weak.India is bonded to open flat to negative. The support for the Sensex is 8246-9130 and the resistance to the up move is at 9551 Nifty: (2875) the support for the Nifty is at 2800 and the resistance to the up move is [...]
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US markets went higher as Obama announces a bailout package of 813 Billion $.Europe ended higher. Asia is trading higher.I expect Indian Markets to have a gap up opening. The target for the Sensex is 9150 and the resistance to the up move is at 9334-9410-9550 Nifty: (2850) the target for the Nifty is at [...]
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Bharti Airtel – Upside expected of 25% from CMP.Unitech – Upside expected of 150% and even more from CMP.Suzlon – Upside expected of 50% or more from CMP.R Com. – Upside expected of 30% or more from CMP.LNT – Upside of 25% to 40% from CMP.Sun Pharma – Upside of 20% from CMPRanbaxy – Upside [...]
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Reliance is innovative isn’t it? Or are they laying a trap for their customers? God knows about it. But the good news for what the stock is a value buy is that the company has got license to operate GSM in 18 different circles in India. It was offering GSM services in 8 circles i.e. [...]
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