Friday, February 6, 2009


Hritik-Barbara Mori
Headline News

From

Emerging India

..................................................................
Hand-picked News For Busy NRIs & PIOs
Issue No. 137 Evening Edition IST
Corporate World . Politics . Investment Opportunities in India
..................................................................

Click & View Google ADs

ON THIS PAGE NOW >>>

TO SUPPORT THIS PUBLICATION
..................................................................
Headline News in this issue:

  • Hindi scores over Tamil in TN schools
  • Kiran Karnik appointed Satyam chairman
  • Anil Ambani co inks record film rights deal
  • KBC up for sale
  • Nokia ties up with Bharti Airtel for mobile advertising
  • IcySpicy: AMITABH WITH DE NIRO OR PACINO?

..................................................................

SENSEX: 9,300.9 DOWN 56.1 % from 52-wk high

FOREX-Rs: USD 48.72 / EUR 62.33 / GBP 71.29

2009 - A Great Year For Investments In India

Do read Investment Advice for long-term investors in this issue.

..................................................................







..................................................................

Hindi scores over Tamil in TN schools (TOI,Mum,6Feb08,Pg15)
Trend Reverses State’s Agitation Against ‘Rashtra Bhasha’ in 1960s

Chennai: Their grandfathers took to the streets, raised slogans and even went to prison protesting against the “imposition’’ of Hindi in Tamil Nadu in the 1960s. More than four decades later, many Tamil kids are studying the ‘rashtra bhasha’ even before they can pick up the alphabet in their mother tongue.

Raj and Aruna didn’t think twice when their son’s school asked them to specify the second language they wanted him to learn Class I onwards. Their unanimous choice was Hindi. In fact, about 90% of their son’s classmates will be studying Hindi as second language, as young parents feel their children’s horizon should extend beyond the boundaries of the state.

Kiran Karnik appointed Satyam chairman

A potential bidder for fraud-tainted Satyam Computer Services backed away from a deal on Friday, as one of the members of the new board was appointed as the chairman of the outsourcing company.

A day after Satyam veteran A S Murty was named the company's CEO, the government on Friday announced the appointment of Nasscom past-president Kiran Karnik as chairman of its six-member board.Karnik is one of the six-man Satyam board, constituted by the government in the wake of the massive accounting fraud at the company.

http://timesofindia.indiatimes.com/Kiran_Karnik_appointed_Satyam_chairman/articleshow/4089048.cms

Anil Ambani co inks record film rights deal (TOI,Mum,6Feb08,Pg1)

Even as there’s talk of ambitious Bollywood projects being put on hold and superstars slashing their price, here’s some welcome news for the industry. Anil Ambani’s Big Pictures has reportedly picked up the marketing and distribution rights for producer Rakesh Roshan’s Kites for Rs 110 crore, the largest such deal ever in Bollywood. In addition, Roshan will get a share of profit from overseas rights.

Roshan declined to divulge the exact figure, but industry analysts said it could easily add up to Rs 150 crore.

Last year, the rights for Ghajini and Singh is Kinng were sold for Rs 94 crore and Rs 65 crore. So, the rights for Kites alone could fetch almost the combined value of the rights of Bollywood’s two biggest blockbusters last year.

Though he refused to comment on the sum, Roshan said the valuation factored in his “goodwill’’ and the price of his son, superstar Hrithik.

A romantic thriller directed by Anurag Basu, it also stars Mexican actress Barbara Mori and Kangana Ranaut.

Blogs and gossip columns have been abuzz with talk of steamy scenes and reports that Rakesh Roshan was asked to leave the sets during some particularly sizzling sequences. The film is likely to be released around Diwali.

KBC up for sale (TOI,Mum,6Feb08,Pg20)

One of India’s most popular quiz shows, ‘Kaun Banega Crorepati’, is up for sale. The programme currently has no takers after Star auctioned out the rights of the show.

Director of the show Sidharth Basu says, “The show is available for any broadcaster who wants it. As for Sony TV, I don’t know if it is under consideration by them.’’ Kunal Dasgupta of Sony Entertainment Network denied saying “we have not bought the rights of the show.’’

For news in detail, visit The Times of India ePaper

..................................................................

NRI.NewsIndia Reader

I am completely Indian at heart

..................................................................

Nokia ties up with Bharti Airtel for mobile advertising (ET,Mum,6Feb08,Pg6)

Nokia has set its sight on mobile advertising segment in India. The Finnish giant has tied up with Bharti Airtel to push mobile advertising as part of its focus on the services segment along with the devices business. The most common form of mobile advertising is a mobile web banner on the top or bottom of the page. It also includes SMS and MMS advertising apart from ads which come up while a mobile game or video is being downloaded.

For news in detail, visit The Economic Times ePaper

..................................................................

FOR

INTERESTING VIDEOs

CLICK ON THIS LINK:

Watch the latest videos on YouTube.com

.................................................................

IcySpicy

AMITABH WITH DE NIRO OR PACINO? (BT,Mum,6Feb08,Pg1)
... and Kat with Monica Belluci, Eva Mendes or Cameron Diaz? That’s what Feroze Nadiadwala is planning with Hollywood’s Rob Cohen

Feroze Nadiadwala is the next Bollywood filmmaker to show a fascination for Hollywood. He’s got Rob Cohen, who made hit Hollywood films like Fast and The Furious, The Skulls, Dragon: The Bruce Lee Story and The Mummy 3, to direct his Rs 300-crore magnum opus Jewel of India and action director Dan Bradley of Bond series fame.

You may hold your breath... for the Feroze-Cohen combine is looking at signing either Al Pacino or Robert de Niro, with glamour being lent by Monica Belluci, Eva Mendes or Cameron Diaz, and — yes, getting Amitabh Bachchan and Katrina Kaif to join this eclectic gang of superstars.

Feroze, who has made slick hit comedies like Hera Pheri, Phir Hera Pheri and Welcome, believes Jewel of India will generate huge business opportunities for Indian cinema. “It’s going to open up the market in a big way,” he said, “We have good content and talent in India and bringing in Western technology and expertise can boost our economy.” Cohen, who will be in Mumbai soon to discuss the film and meet Bachchan, added, “In India, there are vast resources of untapped talent and many vibrant artistes not known to the West.

My intention is to bridge the Hollywood-Bollywood gap in a mainstream fashion. I can’t wait to begin the film. Or for the day when Amitabh Bachchan and Al Pacino or Robert de Niro come together in one frame. It will mean the coming together of the fast and the furious.”

Jewel of India is the story of a student who discovers a document that leads him to believe that the Kohinoor diamond in the Tower of London is not real and that the real diamond is somewhere in India or close by.

“It will be a modern day action film with Indian history woven into it to create an exciting treasure adventure,” revealed Feroze.

For news in detail, do visit Bombay Times ePaper

..................................................................

END OF THE DAY STATUS OF THE STOCK MARKET:

Sensex went up by 2.3 % today.

SENSEX: 9,300.9 (+2.3%) NIFTY: 2,843.1 (+2.3%)

DOWN..56.1 % from 21,206.77 the 52-week high of SENSEX

UP...........20.8 % from 7,697.39 the 52-week low of SENSEX

Investment & Wealth Creation Advice:

Please note that our advice is primarily for investors and not for speculators. Investors typically invest with 12-60 month investment perspective. You will therefore find that our advice does not change substantially from issue to issue.

We expect Sensex to come down to 7000-8000 level in the next few months. So, it is going to be a very good time for investments in good stocks.

Also, those who want to invest in realty in India should wait for some time as the flat and land prices are expected to come down substantially in the next 3-4 quarters.

Do consult your investment advisor before making any investment decisions.

Do not purchase shares of a good company at a wrong price. Also, do not purchase shares of a bad company even at a very low price.

Do not put all your eggs in one basket. Diversify your portfolio to de-risk. Do not put more than 33% of your investible funds in stocks or mutual funds. Do not invest in stocks, mutual funds or realty when their prices are quite high. From the high levels, these prices normally come down by about 40-50% and that is when many people lose their hard earned money in a big way.

Make sure that you are not one of those big losers. Make sure that you invest when prices are low and divest when prices are high. Please note that 2009 is going to be a great year for investing your money in stocks, mutual funds & realty in India.

Click here to display NSE CNX NIFTY Chart

Disclaimer: Please make all your investments after taking expert advice. NRI.NewsIndia will not be responsible for losses, if any, incurred by you. Through NRI.NewsIndia, we are only making you aware of the investment opportunities in India at a broad level.

..................................................................

NRI.SearchIndia
NOBODY can Search India better than this search engine



Posted by NRI.NewsIndia at 11:38 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)