Monday, December 14, 2009

Capital market: Dominated by QIPs and ADRs

Qualified institutional placements (QIPs) (It is a faster capital-raising tool, whereby a listed firm can issue equity shares, convertible debentures or any securities except warrants. It is a quick ways of raising fund, relatively hassle free and involves fewer regulatory requirements) seem to have come of age in the corporate fund-raising arena.

Despite economic slowdown stalking the first half of 2009, companies raised more funds through QIPs and depository receipts (DR)( A depository receipt (DR) is a type of negotiable or transferable financial security that is traded on a local bourse but represents a security or equity.) American depository receipts (ADR) and global depository receipts (GDR) - during the year so far, compared to the peaks seen in 2007.

Companies raised Rs 28,312 crore through 41 issues during the last 11 months by placing their stocks with the qualified investors compared to Rs 20,011 crore raised during the entire 2007. In 2008, the funds raised through this means was at a low of Rs 2,104 crore, according to the data compiled by leading investment banker SMC Capitals.

By 2007, QIP was not so popular a means of raising funds, as the first QIP was launched just in September 2006. And the corporate fund raising was well diversified across the sources then, including domestic and foreign. Thus, QIPs have come back with a greater degree than is expected after the markets bounced back on the first signs of economic revival. This provided an opportunity for the funds-starved firms to set their houses in order, after the collapse of Lehman Brothers in September, 2008 and the subprime credit crisis that followed.

However, the same cannot be said in the case of other modes of fund raising, such as initial public offerings (IPOs), follow-on public offerings(FPOs) and rights issues, or international sources such as foreign currency convertible bonds (FCCBs).

Companies raised $ 3.16 billion (over Rs 14,500 crore) in the first 11 months of 2009through DRs, which surpassed the 2007 level of $ 2.64 billion (over Rs 12,000 crore at the present conversion rate of Rs 46.18 per dollar). In 2008, It(DRs)has touched about $ 100 million.

So we can say that,In 2007, GDP (gross domestic product) and high level of investment drove the merchant banking activity. Now, excess liquidity is driving it.
India, along with China, has been attracting most of the global investments over the last few months,adding to the liquidity infused by the domestic stimulus packages.This is reflected in the firming up of the equity prices and other asset classes such as gold and metals.

In 2007, companies resorted to listing of DRs to gain global reputation. Now, there is no need for such moves as Indian companies are sought after globally. As DRs are dollar-denominated, they have become less attractive in the post-Lehman Brothers' scenario.FIIs are preferring non-dollar assets to the dollar-denominated ones, with the confidence in the US economy declining.

Unlike QIPs, DRs are populated by a few big issues. Sterlite Industries alone accounts for $ 1.5 billion or nearly half of the $ 3.16 billion raised through DRs. Other major issues included Tata Motors and Tata Power.According to experts, In 2010, India and China will remain major destinations for global investments, though valuations here are not cheap any more.

Monday, November 30, 2009

Tata Teleservices Outperformed Industry leader

Tata Teleservices, India's sixth-ranked mobile operator, added 3.87 million subscribers in October, maintaining its lead for a third straight month, data from an industry body showed.

Tata Tele, 26 per cent owned by Japan's NTT DoCoMo(meaning "anywhere" in Japanese ,Do Communications Over the Mobile network), was the first operator to launch a per-second billing plan, deviating from the industry norm of per-minute billing, which saw a strong response and forced bigger rivals to match it.

India is the world's fastest-growing cellular market, with monthly signs up averaging about 14 million this year.

Tata Tele, which operates both on GSM and CDMA platforms, saw its mobile subscribers rising to 50.7 million in October from 46.8 million in September, data released by the Association of Unified Telecom Service Providers of India (AUSPI) showed.

Market leader Bharti Airtel added 2.7 million mobile users in October, taking its total to 113.2 million, and third-ranked Vodafone Essar gained 2.98 million users to 85.8 million.

Tuesday, November 17, 2009

Mukesh Ambani's new business arm :Milk Business

Milk is newest business muscle for industrialist Mukesh Ambani as his corporate dairy is looking for refrigerator space at mom and pop stores, in addition to vending from Reliance Retail stores.
With the beginning of sale of 'Dairy Pure' through general milk retailers, compared to mostly through Reliance Retail-owned stores now, the company expects further growth in this business. The milk business turnover grew nearly three-fold to over Rs 178 crore last fiscal.
For making an competitive edge in milk market in terms of pricing, Reliance Retail is trying to lure customers with 10 per cent extra milk in every packet than that of its rivals for the same price. The market is mostly dominated by state cooperatives.
Amul, the country's largest milk retailer, believes a sizeable market presence cannot be built overnight in the milk business and needs a strong procurement and marketing network.
Still, Reliance Dairy Foods Ltd, the milk and dairy products arm of Reliance Industries Ltd (RIL), saw its turnover grow nearly three-times last fiscal - from Rs 65.77 crore in 2007-08 to Rs 178.05 crore in 2008-09.
The company believes the business would grow as it was also looking at expanding the product portfolio besides processing and packaging facilities.
Reliance Dairy Foods' assets stood at Rs 82.23 crore at the end of last fiscal, up from about Rs 39 crore in 2007-08, as per information in RIL's annual report. RIL forayed into the organized retail business in 2006 with the inception of its subsidiary Reliance Retail Ltd (RRL).

Saturday, November 14, 2009

What is the Volatility Index and what does it indicate? How is it different from other market indices?

The Volatility Index (VIX) is an indicator of the market mood in the short term. It is a widely used measure of market risk and is constructed by using the prices of Nifty options (puts and calls). The India VIX was launched by the National Stock Exchange (NSE) in April 2008.

The VIX value is the percentage by which investors expect the markets to move in the next 30 days. So, if the VIX is at 30, investors are expecting the markets to change by 30%.

The VIX is different from other market indices because it is a forward-looking index. The Nifty, Sensex and other market barometers are price indices. Their values reflect the prices of the stocks in these indices. For instance, the Nifty closed on 19 February at 2,789.35 point, up 13.20 points or 0.48% from the previous closing. This level of the Nifty reflected the prices and market capitalisations of the 50 shares in the index.

On the other hand, the VIX tries to capture the market sentiment that is likely to prevail over the next 30 days by using the prices of Nifty derivatives. The VIX value for 19 February was 42.00 which means investors expect the Nifty to move 42% by 19 March.

Inverse relationship
The VIX has an inverse relationship with the market. When the markets tanked in the last week of October 2008 and the Nifty fell by almost 500 points in two days, the VIX shot up from 45% to 70% . So, the VIX goes up as the market becomes fearful and falls when the market feels confident about its future direction. This is because option prices tend to rise when investors expect the markets to be volatile and this pushes up the VIX. On the other hand, if investors don’t expect the markets to move very sharply, the prices of index options decline, bringing down the VIX.

Contra indicator
for contrarian investors, the VIX provides important clues to the future direction of the market. A high VIX value of over 50 indicates a high degree of panic in the market, which is seen by the contrarians as the best time to buy. On the other hand, a low VIX value of less than 30 suggests that the market will be range-bound and there is complacency among investors. Contrarians generally see this as an opportunity to short-sell.

Volatility futures
While most other indices have derivatives that can be bought and sold, there are no tradable products based on the India VIX. The NSE wants the market participants to first understand the concept of the India VIX and what it signifies before any derivative product is launched.

Friday, November 13, 2009

Regulators move that can affect you

MARKETS
According to SEBI, any issue of Indian Depository Receipts (IDRs), which would allow a foreign company to list its equity shares on the Indian stock exchanges, would have to reserve at least 30% of the issue size for retail investors.
MUTUAL FUNDS
The apex sectoral body for mutual funds, AMFI, has issued a fresh code of conduct for mutual fund intermediaries like agents and distributors, mandating them to disclose all commissions received from different schemes. This move, carried out on Sebi’s directive, attempts to make mutual funds more accountable.
TELECOM
TRAI has rescinded its plans to ask operators to charge customers on a per-second basis so that they can enjoy the benefit of paying only for their usage. The telecom regulator now says that the model will not be mandatory for operators.
INSURANCE
IRDA has introduced disclosure norms for insurance companies, effective from 1 November 2009. Insurers will be required to make data for the past four-five years available and will have to provide disclosures on a quarterly basis. This will include a company’s investment profile, solvency, liability valuations and business statistics. These norms are in line with the International Association of Insurance Supervisors standards.

Lady's special financial products

Sunday, November 1, 2009

Bandra Worli Sea Link

The 5.6 km-long Bandra-Worli Sea Link,which was dedicated to the public on 30 June 2009 by Congress President and UPA Chairperson Sonia Gandhi. The Bandra Worli Sea Link officially the Rajiv Gandhi Sea Link,would be an 8-lane (when completed, currently only 4 lanes are in service).Some of key features of the bridge are:

The height of the cable-stayed tower is 126m(equal to a 43-storey tower) The total cable length used to connect the towers is equal to the circumference of the earth (40,075 km)
The length of the bridge (5.6 km) is 63 times the height of Qutub Minar in Delhi
•The slabs on the bridge are screwed in place by special nuts and bolts. Each slab is unique and had to be fixed at a specific point.
•The piling of the bridge is 100 feet under the sea
•For fixing the slabs, launching Trusses were used(A truss bridge is a bridge composed of connected elements (typically straight) which may be stressed from tension, compression, or sometimes both in response to dynamic loads.)
•If the Trusses had to be dismantled and moved, it would have taken almost 1 year.
•To save time, Asian Hercules, one of the largest floating cranes in the world, was hired to move the Trusses.
•The rental for the imported Trusses was Rs 1 crore per day.
Bajaj Electricals has received the Rs 9-crore (Rs 90 million) illumination contract for the Bandra-Worli sea link project. Needless to say, the lighting will add to the beauty of the bridge.

Cost of the project was Rs 1,650 crore (Rs 16.5 billion).

The project of Maharashtra State Road Development Corporation (MSRDC) is being executed by Hindustan Construction Company. Designs and Project management is by M/s DAR Consultants
•"The eight-lane bridge will reduce the travel time between the two points from 60-90 minutes to 6-8 minutes. This will save around Rs 100 crore (Rs 1 billion) a year in vehicle operating cost alone.
The project was initiated more than 10 years ago in 1999 and was supposed to be completed within 5 years but it was delayed due to public interest litigations.




Saturday, October 24, 2009

Punchline/tagline of major companies

ABN AMRO (Algemene Bank Nederland Amsterdamsche Bank & The Rotterdamsche Bank )Bank - Making More Possible
Accenture - High Performance. Delivered
Adobe - Simplicity at work. Better by adobe.
AIG (American International Group Insurance Company) - We know Money
Allianz Group - The Power on your side
AMAZON.COM - Earth's Biggest BookStore
ANDHRA BANK - "Much more to do, with YOU in focus."
Apple Macintosh - Think Different
AT&T - The World's Networking Company
Bank of America - Higher Standards
Bank of Baroda - India's International Bank
BANK OF RAJASTHAN - Dare to Dream
Barclays - Fluent in Finance; Its our business to know your business
BIG BAZAAR - Is se sasta aur Achcha kahee nahee milenga
BIOCON - The difference lies in our DNA
BMW - The Ultimate Driving Machine
BOEING - Forever new Frontiers
Bombay Stock Exchange (BSE) - The Edge is Efficiency
BPCL - Pure for Sure
British airways - The Way to Fly.
British Petroleum - Beyond Petroleum
BUSINESS INDIA - The Magazine of the Corporate World
BUSINESS TODAY - For Managing Tomorrow
BUSINESS WORLD - Play the Game
Caring for life - CIPLA(The chemical industrial & pharmaceutical laboratory)
CEAT - Born Tough
CHEVROLET AVEO - When Good is not good enough.
Chevron Corporation - Human Energy
Choose Freedom - TOSHIBA
CITIGROUP or CITIBANK - The Citi Never Sleeps
CNBC - Profit from it
COMPTRON and GREAVES - Everyday Solutions
Dell - Easy as DELL.
Deutsche Bank - A Passion to Perform
DR. REDDY'S LABORATORIES - ÿLife. Research. Hope
DUPONT - The Miracles of Science
eBAY - The World's Online Market Place
Ernst and Young - Quality in Everything we Do
Essar corp - A positive a++itude
Exxon Mobil - Taking on the World's Toughest Energy Challenges
FIAT - Driven by Passion. FIAT
FORD - Built for the Road Ahead
GAIL - Gas and Beyond
GM - Only GM.
HAIER - Inspired Living
HINDUSTAN TIMES - The Name India trusts for News
HOME DEPOT - You can do it. We can Help.
HONDA - The Power of Dreams
HP Invent - Everything is Possible
HSBC - The World's Local Bank
HYUNDAI - Drive Your Way
IBM - ON DEMAND
IBM - " I think, therefore IBM."
IBP - Pure bhi. Poora bhi
Infosys - " Powered by Intellect, Driven by Values; Improve your odds with Infosys Predictability"
Intel - Intel inside.
IOCL - Bringing Energy to Life
Jet Airways - The Joy of Flying
JVC - The Perfect Experience
Kingfisher Airlines - Fly the good times
Kotak - Think Investments. Think Kotak.
LARSEN and TOUBRO - We make things which make India proud
LEE - The jeans that built America
LENOVO - We are building a new technology company.
Life's Good - LG
Lufthansa - There's no better to fly
Master card - There are some things money can't buy. For everything else there's MASTERCARD.
Max NewYork Life Insurance - Your Partner for life
McDowells Signature - The New Sign of Success.
Metropolitan Life Insurance Company (Metlife) - Have You Met Life Today
Microsoft - Where Do You Want to Go Today ; Your Potential Our Passion
Monster.com - Never Settle
MRF - Tyres with Muscle
NASDAQ - Stock market for the digital world
NDTV Profit - News you can Use.
NYSE (New York Stock Exchange) - The world puts its stock in us
ONGC - Making Tomorrow Brighter
PHILLIPS - Sense and Simplicity
Prudential Insurance Company - Growing and Protecting your wealth
Reliance industries Limited - Growth is Life
Sahara - Emotionally yours.
SAMSUNG - Everyone's Invited or Its hard to Imagine
SANSUI - Born in Japan Entertaining The World
SBI DEBIT CARD - Welcome to a Cashless World.
Servo - 100 % Performance. Everytime.
Singapore Stock Exchange (SGX) - Tomorrow Market's Today.
SKODA - Obsessed with Quality since 1897.
SONY - Like. No. Other.
Speed - High Performance Petrol
Standard Chartered Bank - Your Right Partner
Standard Insurance Company Limited. - Positively Different.
Star Sports - We know your game
Sun Microsystems - The Network is the Computer
SUZLON ENERGY - Powering a Greener Tomorrow.
TATA MOTORS - Even More Car per Car
TCS - Beyond the Obvious
TESCO - Every Little Helps
THE DAILY TELEGRAPH - Read a Bestseller everyday
THE ECONOMIC TIMES - The Power of Knowledge
The Indian EXPRESS - Journalism of Courage
TIMESJOBS.COM - " If you have a reason, we have the job "
TITANIC - Collide With Destiny.
TOYOTA - Touch The Perfection
Toyota Innova - All you Desire.
UBS - You and Us
Union Bank of India - Good People to Bank with
VIDEOCON - The Indian Multinational
VIZAG STEEL - Pride of Steel
VOLKSWAGEN - Drivers wanted
WALMART - Always low prices. Always.
Windows XP - Do More with Less
WIPRO - Applying Thought

BOMBAY STOCK EXCHANGE

The edge is efficiency
MD & CEO of BSE –Madhu kannan
Chairman -S Ramadorai

CII

Confederation of Indian Industry
The Confederation of Indian Industry (CII) works to create and sustain an environment conducive to the growth of industry in India, partnering industry and government alike through advisory and consultative processes.

CII is a non-government, not-for-profit, industry led and industry managed organisation, playing a proactive role in India's development process. Founded over 114 years ago, it is India's premier business association, with a direct membership of over 7800 organisations from the private as well as public sectors, including SMEs and MNCs, and an indirect membership of over 90,000 companies from around 385 national and regional sectoral associations.
CII catalyses change by working closely with government on policy issues, enhancing efficiency, competitiveness and expanding business opportunities for industry through a range of specialised services and global linkages.
CII's theme for 2009-10 is 'India@75: Economy, Infrastructure and Governance.'
With 64 offices in India, 9 overseas in Australia, Austria, China, France, Germany, Japan, Singapore, UK, and USA, and institutional partnerships with 213 counterpart organisations in 88 countries, CII serves as a reference point for Indian industry and the international business community.

Hari S Bhartia, Co-Chairman & Managing Director of Jubilant Organosys Ltd- President of CII for the year 2010-11

NOBLE PRIZE 2009

Physiology or Medicine
Elizabeth H. Blackburn ,Carol W. Greider & Jack W. Szostak
"for the discovery of how chromosomes are protected by telomeres and the enzyme telomerase"
Chemistry
Venkatraman Ramakrishnan ,Thomas A. Steitz & Ada E. Yonath
"for studies of the structure and function of the ribosome"
Peace Prize
Barack obama
"for his extraordinary efforts to strengthen international diplomacy and cooperation between peoples"

Physics
Charles K. Kao, Willard S. Boyle & George E. Smith
"for groundbreaking achievements concerning the transmission of light in fibers for optical communication"
& "for the invention of an imaging semiconductor circuit – the CCD sensor"
Literature
Herta Müller
"who, with the concentration of poetry and the frankness of prose, depicts the landscape of the dispossessed"
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2009
Elinor Ostrom & Oliver E. Williamson
"for her analysis of economic governance, especially the commons"
"for his analysis of economic governance, especially the boundaries of the firm"

NASSCOM

NASSCOM (National Association of Software & Service Companies)
NASSCOM® is the premier trade body and the chamber of commerce of the IT-BPO industries in India. NASSCOM is a global trade body with more than 1200 members, which include both Indian and multinational companies that have a presence in India. NASSCOM's member and associate member companies are broadly in the business of software development, software services, software products, consulting services, BPO services, e-commerce & web services, engineering services offshoring and animation and gaming. NASSCOM’s membership base constitutes over 95% of the industry revenues in India and employs over 2.24 million professionals.
NASSCOM was set up in 1988, at Mumbai to facilitate business and trade in software and services and to encourage advancement of research in software technology. It is a not-for-profit organization, registered under the Indian Societies Act, 1860. Currently, NASSCOM is headquartered in New Delhi, India with regional offices in the cities of Mumbai, Chennai, Hyderabad, Bangalore, Kolkata and Pune.
Key people:
Som Mittal-President
Harsh Manglik(Chairman and geography managing director for Accenture in India)- chairman of NASSCOM
Mr. Harish Mehta Chairman & M.D Onward Technologies Ltd( first chairman of NASSCOM)

Thursday, August 6, 2009

FICCI(Federation of Indian chambers of commerce and industry)

Rajan Bharti Mittal(Vice-Chairman and Managing Director, Bharti Enterprises)
President of FICCI

Ashwin Dani (Vice Chairman of Asian Paints Limited)
Vice President of FICCI

Dr. Amit Mitra
Secretary General of FICCI

Indian Bank and their MD/CMD/Chairman

1 Mr. M V Nair-Union Bank of India
2 Mr. Aditya Puri-The HDFC Bank Ltd.
3 Mr. O P Bhatt -State Bank of India
4 Mr. M D Mallya -Bank of Baroda
5 Mr. V J Carneiro- Co-operative Bank Ltd.
6 Mr. A C Mahajan -Canara Bank
7 Mr. Yogesh Agarwal -IDBI Ltd.
8 Mr. M S Sundara Rajan -Indian Bank
9 Mr. S A Bhat- Indian Overseas Bank
10 Mr. Alok Kumar Mishra -Oriental Bank of Commerce
11 Mr. S K Goel -UCO Bank
12 Mr. Allen C A Pereira -Bank of Maharashtra
13 Mr. R S Reddy -Andhra Bank
14 Mr. Albert Tauro -Vijaya Bank
15 Mr. K R Kamath -Allahabad Bank
16 Mr. S C Gupta -United Bank of India
17 Mr.J M Garg -Corporation Bank
18 Mr. D L Rawal -Dena Bank
19 Mr. Arun Shandilya -State Bank of Bikaner & Jaipur
20 Mr. Neeraj Swaroop -Standard Chartered Bank
21 Mr. Vishwavir Ahuja- Bank of America
22 Mr. Mark T Robinson -Citibank N.A.
23 Mr. Gunit Chadha -Deutsche Bank AG
24 Mr. M Venugopalan -The Federal Bank Ltd.
25 Mr. Rana Kapoor -YES Bank Ltd.
26 Ms. Chanda Kochhar -ICICI Bank Ltd.
27 Mr. N D Behere -Janakalyan Sahakari Bank Ltd.
28 Mr. D K Mulmule -Nagpur Nagarik Sahakari Bank Ltd.

Friday, July 31, 2009

Some of the Fortune 500 company and their CEO/Chairman

Royal Dutch Shell ( Jeroen Van Der Veer)

Exxon Mobil (Rex W Tillerson)

Wal-Mart Stores(Michel T duke)

Chevron( David J. O'Reilly)

ConocoPhillips (James J. Mulva)

General Electric ( Jeffery Immelt)

General Motors (Frederick Henderson)


Ford Motor (Alan R. Mulally)

AT&T Randall (L. Stephenson)

Hewlett-Packard (Mark V. Hurd)

Valero Energy (William R. Klesse)

Bank of America Corp.( Kenneth D. Lewis)


Citigroup( Vikram S. Pandit)

Berkshire Hathaway(Warren Buffet)

International Business Machines (Samuel J. Palmisano)


McKesson (John H. Hammergren)

J.P. Morgan Chase & Co.( James Dimon)

Procter & Gamble (Alan G. Lafley)

Johnson & Johnson (William C. Weldon)


Morgan Stanley (John J. Mack)

Dell(Michael S. Dell)

Boeing(W. James McNerney Jr)

Microsoft (Steve Ballmer )

Dow Chemical(Andrew N. Liveris)

MetLifeC. (Robert Henrikson)

Goldman Sachs Group(Lloyd C. Blankfein)


Caterpillar(James W. Owens)


Pfizer(Jeffrey B. Kindler)


Lowe's(Robert A. Niblock)

PepsiCo(Indra Nooyi)

Cisco Systems: (John T. Chambers)

FedEx(Frederick W. Smith)

Walt Disney(Robert A. Iger)

Intel(Paul S. Otellini)

Apple (Steven P. Jobs)

Coca-Cola(Muhtar Kent)

American Express(Kenneth I. Chenault)

DuPont( Ellen J. Kullman)

New York Life Insurance(Theodore A. Mathas)

Motorola(Sanjay K. Jha, Gregory Q. Brown)

3M(George W. Buckley)

NOBEL PRIZES 2008

Physics:
Yoichiro Nambu "for the discovery of the mechanism of spontaneous broken symmetry in subatomic physics" Makoto Kobayashi and Toshihide Maskawa "for the discovery of the origin of the broken symmetry which predicts the existence of at least three families of quarks in nature"Arrow link

Chemistry:
Osamu Shimomura, Martin Chalfie and Roger Y. Tsien "for the discovery and development of the green fluorescent protein, GFP"Arrow link

Physiology or Medicine:
Harald zur Hausen "for his discovery of human papilloma viruses causing cervical cancer" and Françoise Barré-Sinoussi and Luc Montagnier "for their discovery of human immunodeficiency virus"Arrow link

Literature:
Jean-Marie Gustave Le Clézio "author of new departures, poetic adventure and sensual ecstasy, explorer of a humanity beyond and below the reigning civilization"Arrow link

Peace:
Martti Ahtisaari "for his important efforts, on several continents and over more than three decades, to resolve international conflicts"

Economics : The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2008
Paul Krugman "for his analysis of trade patterns and location of economic activity"

LIST OF COUNCIL OF MINISTERS

CABINET MINISTERS

1.Dr. Manmohan Singh Prime Minister and also in-charge of the Ministries/Departments not specifically allocated to the charge of any Minister viz.:
(i) Ministry of Personnel, Public Grievances & Pensions;
(ii) Ministry of Planning;
(iii) Department of Atomic Energy;
(iv) Department of Space;
(v) Ministry of Culture; and
(vi) Ministry of Water Resources

2.Shri Pranab Mukherjee:Minister of Finance.

3.Shri Sharad Pawar Minister of Agriculture and Minister of Consumer Affairs, Food & Public Distribution.

4.Shri A.K. Antony Minister of Defence.

5.Shri P. Chidambaram Minister of Home Affairs.

6.Km. Mamata Banerjee Minister of Railways.

7.Shri S.M. Krishna Minister of External Affairs.

8.Shri Virbhadra Singh Minister of Steel

9.Shri Vilasrao Deshmukh Minister of Heavy Industries and Public Enterprises

10.Shri Ghulam Nabi Azad Minister of Health and Family Welfare

11.Shri Sushilkumar Shinde Minister of Power

12.Shri M. Veerappa Moily Minister of Law and Justice

13.Dr. Farooq Abdullah Minister of New and Renewable Energy

14.Shri S. Jaipal Reddy Minister of Urban Development

15.Shri Kamal Nath Minister of Road Transport and Highways

16.Shri Vayalar Ravi Minister of Overseas Indian Affairs

17.Shri Dayanidhi Maran Minister of Textiles

18.Shri A. Raja Minister of Communications and Information Technology

19.Shri Murli Deora Minister of Petroleum and Natural Gas

20.Smt. Ambika Soni Minister of Information and Broadcasting

21.Shri Mallikarjun Kharge Minister of Labour and Employment

22.Shri Kapil Sibal Minister of Human Resource Development

23.Shri B.K. Handique Minister of Mines and Minister of Development of North Eastern Region

24.Shri Anand Sharma Minister of Commerce and Industry

25.Shri C.P. Joshi Minister of Rural Development and Minister of Panchayati Raj

26.Kumari Selja Minister of Housing and Urban Poverty Alleviation and Minister of Tourism

27.Shri Subodh Kant Sahay Minister of Food Processing Industries

28.Dr. M.S. Gill Minister of Youth Affairs and Sports

29.Shri G.K. Vasan Minister of Shipping

30.Shri Pawan Kumar Bansal Minister of Parliamentary Affairs

31.Shri Mukul Wasnik Minister of Social Justice and Empowerment

32.Shri Kantilal Bhuria Minister of Tribal Affairs

33.Shri M.K. Alagiri Minister of Chemicals and Fertilizers




MINISTERS OF STATE (INDEPENDENT CHARGE)

1.Shri Praful Patel Minister of State (Independent Charge) of the Ministry of Civil Aviation
2.Shri Prithviraj Chavan Minister of State (Independent Charge) of the Ministry of Science and Technology; Minister of State (Independent Charge) of the Ministry of Earth Sciences; Minister of State in the Prime Minister’s Office; Minister of State in the Ministry of Personnel, Public Grievances and Pensions; and Minister of State in the Ministry of Parliamentary Affairs
3.Shri Shriprakash Jaiswal Minister of State (Independent Charge) of the Ministry of Coal and Minister of State (Independent Charge) of the Ministry of Statistics and Programme Implementation.
4.Shri Salman Khursheed Minister of State (Independent Charge) of the Ministry of Corporate Affairs and Minister of State (Independent Charge) of the Ministry of Minority Affairs
5.Shri Dinsha J. Patel Minister of State (Independent Charge) of the Ministry of Micro, Small and Medium Enterprises
6.Smt. Krishna Tirath Minister of State (Independent Charge) of the Ministry of Women and Child Development
7.Shri Jairam Ramesh Minister of State (Independent Charge) of the Ministry of Environment and Forests



MINISTERS OF STATE

1.Shri Srikant Jena Minister of State in the Ministry of Chemicals and Fertilizers
2.Shri E. Ahammed Minister of State in the Ministry of Railways
3.Shri Mullappally Ramachandran Minister of State in the Ministry of Home Affairs
4.Shri V. Narayanasamy Minister of State in the Ministry of Planning and Minister of State in the Ministry of Parliamentary Affairs

5.Shri Jyotiraditya Madhavrao Scindia Minister of State in the Ministry of Commerce and Industry

6.Smt. D. Purandeswari Minister of State in the Ministry of Human Resource Development

7.Shri K.H. Muniappa Minister of State in the Ministry of Railways

8.Shri Ajay Maken Minister of State in the Ministry of Home Affairs

9.Smt. Panabaka Lakshmi Minister of State in the Ministry of Textiles

10Shri Namo Narain Meena Minister of State in the Ministry of Finance

11.Shri M.M. Pallam Raju Minister of State in the Ministry of Defence

12.Shri Saugata Ray Minister of State in the Ministry of Urban Development

13.Shri S.S. Palanimanickam Minister of State in the Ministry of Finance

14.Shri Jitin Prasada Minister of State in the Ministry of Petroleum and Natural Gas

15.Shri A. Sai Prathap Minister of State in the Ministry of Steel

16.Smt. Preneet Kaur Minister of State in the Ministry of External Affairs

17.Shri Gurudas Kamat Minister of State in the Ministry of Communications and Information Technology

18.Shri Harish Rawat Minister of State in the Ministry of Labour and Employment

19.Prof. K.V. Thomas Minister of State in the Ministry of Agriculture and Minister of State in the Ministry of Consumer Affairs, Food and Public Distribution

20.Shri Bharatsinh Solanki Minister of State in the Ministry of Power

21.Shri Mahadev S. Khandela Minister of State in the Ministry of Road Transport and Highways

22.Shri Dinesh Trivedi Minister of State in the Ministry of Health and Family Welfare

23.Shri Sisir Adhikari Minister of State in the Ministry of Rural Development

24.Shri Sultan Ahmed Minister of State in the Ministry of Tourism

25.Shri Mukul Roy Minister of State in the Ministry of Shipping

26.Shri Choudhury Mohan Jatua Minister of State in the Ministry of Information and Broadcasting

27.Shri D. Napoleon Minister of State in the Ministry of Social Justice and Empowerment

28.Dr. S. Jagathrakshakan Minister of State in the Ministry of Information and Broadcasting

29.Shri S. Gandhiselvan Minister of State in the Ministry of Health and Family Welfare

30.Shri Tusharbhai Chaudhary Minister of State in the Ministry of Tribal Affairs

31.Shri Sachin Pilot Minister of State in the Ministry of Communications and Information Technology

32.Shri Arun Yadav Minister of State in the Ministry of Youth Affairs and Sports

33.Shri Pratik Prakashbapu Patil Minister of State in the Ministry of Heavy Industries and Public Enterprises

34.Shri R.P.N. Singh Minister of State in the Ministry of Road Transport and Highways

35.Shri Shashi Tharoor Minister of State in the Ministry of External Affairs

36.Shri Vincent Pala Minister of State in the Ministry of Water Resources

37.Shri Pradeep Jain Minister of State in the Ministry of Rural Development

38.Ms. Agatha Sangma Minister of State in the Ministry of Rural Development

Top Oil Exporters

1.Saudi Arabia(8.408mn barrel)
2.Russia(6.882mn barrel)
3.United Arab Emirat(2.548mn barrel)
4.Kuwait(2.416mn barrel)

World's top valuable brands

1.Google (101.4bn$)
2.Microsoft(77.3bn$)
3.Coca Cola (68.5 bn $)
4.IBM(67.5bn $)
5.McDonalds(67.3 bn $),
6Apple(63.39bn $)
7.china mobile(62.2bn$)
8.GE(59.9bn$)
9.Vodafone (50.2bn$)
10.Marlboro(50.1bn$)

Best Indian Brand by BRAND EQIUTY

India’s most trusted brand by Brand Equity
Rank 1: Nokia

Advertising Agency: JWT/W+K
Rank 2: Colgate
Advertising Agency: Ridiffusion YR
Rank 3: Lux

Advertising Agency: JWT
Rank 4: Lifebuoy
Advertising Agency: Lowe
Rank 5: Dettol

Advertising Agency: Euro RSCG
Rank 6: HorlicksAdvertising Agency: JWT

Company: GlaxoSmithKline
Rank 7: Tata Salt

Advertising Agency: Leo Burnett

Company: Tata Group
Rank 8: Pepsodent

Advertising Agency: Lowe
Rank 9: Britannia
Advertising Agency: Lowe/McCann Erickson
Rank 10: Reliance Mobile
Advertising Agency: Cartwheel Creative

Company: Reliance Communications