From
Emerging India
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Quick Update For NRIs, PIOs &
Software Professionals Staying Abroad
Read by NRIs in over 37 Countries
Issue No. 191 Evening Edition IST
Corporate World . Politics . Investment Opportunities in India
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Headline News in this issue:
- NASA Thanks ISRO
- From Dec 31, cell users can switch mobile service, retain nos
- BULL’S HERE BUT BEAR’S NEAR
- IcySpicy: 12 hair bounces for Priyanka
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SENSEX : 16,781.4 DOWN 20.9 % from all-time high
FOREX-Rs: USD 48.12 / EUR 70.86 / GBP 78.77
Please Note: October 2009 is expected to be a great month for Making Investments In India. Do Plan your investments in advance.
Do read Investment Advice for long-term investors, in this issue.
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We found water on moon, courtesy ISRO: NASA
WASHINGTON: NASA on Thursday revealed that India's maiden lunar mission Chandrayaan-I had traced water molecules on the moon's surface. It also "thanked" ISRO for making the discovery possible.
“We want to thank ISRO for making the discovery possible. Moon till now was thought to be a very dry surface with lot of rocks,” NASA said in a press conference.
“Discovery of moon is a major leap in our knowledge of the moon. NASA’s instruments helped finding the water molecules in collaboration with ISRO,” NASA said.
Instruments aboard three separate spacecrafts, one of them the Moon Mineralogy Mapper, a NASA instrument onboard Chandrayaan-I revealed water molecules in amounts that are greater than predicted, but still relatively small, it added.
"Water ice on the moon has been something of a holy grail for lunar scientists for a very long time," said Jim Green, director of the Planetary Science Division at NASA Headquarters in Washington.
"This surprising finding has come about through the ingenuity, perseverance and international cooperation between NASA and the India Space Research Organisation," he said.
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From Dec 31, cell users can switch mobile service, retain nos
New Delhi: Cellphone users in India will soon be able to change their service providers while retaining their numbers. Telecom regulator Trai on Wednesday issued regulations that will govern telecom mobile number portability (MNP) when it is launched on December 31 in metros and ‘A’ category circles and in the rest of the country by March 20 next year.
BULL’S HERE BUT BEAR’S NEAR
Shankar Sharma,Rakesh Jhunjhunwala Joust On ET NOW
Trying to track the future direction of the market is an arduous task. Upswings and downswings—the rollercoaster ride can both be thrill-inducing and mind-numbing. Few though are better equipped to know the speed and trajectory of the market as the two mighty gladiators—Big Bull Rakesh Jhunjhunwala and Mighty Bear Shankar Sharma.
Apart from being masters of their craft, they represent rival ideologies. Mr Jhunjhunwala, the boss of Rare Enterprises, is a staunch believer in India’s long-term story; Mr Sharma, the owner of First Global, is a vocal sceptic and advocates caution.
In the course of a big encounter on ET NOW, Mr Jhunjhunwala said the Indian growth story has gone through a “stress test” and has passed with flying colours. He also said long-term investors should not worry about Nifty’s level over a one-year period.
Mr Sharma, true to form, attributed the economy’s robustness to “good karma” and said the big scrips, Reliance, Bharti and NTPC, are fully valued.
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IcySpicy
12 hair bounces for Priyanka
By now it’s common knowledge that Priyanka Chopra plays 12 roles in Ashutosh Gowariker’s What’s Your Raashee.
And that each one has been styled differently. But the attention that Ashutosh Gowariker has paid to the hair styling for each of the 12 Priyankas takes our breath away. Explains the diligent director, “You can tell a girl’s personality not only by her clothes and hair but also by the way the hair bounces.”
A different bounce had to be created by non-film stylist Asha Harirahan for every Priyanka. Priyanka has assumed a different skin tone, complexion and playback voices, each suited to the individual character in terms of personality and body/spoken language.
Confirming this, Ashutosh Gowariker says, “I knew Priyanka could pull off all 12 parts. I’ve seen how nuanced her performances are, right from the time she made her debut in The Hero. When we decided to have the same actress playing all 12 parts we decided to give every character a totally different personally in terms of dress, skin tone and even hairstyle.”
Non-film hair stylist Asha Hariharan was brought in to do Priyanka Chopra’s hair for the 12 characters.
Explains Ashutosh, “While Neeta Lulla has done all of Priyanka’s clothes for the 12 characters Asha Hariharan was brought in because I didn’t only want only a different hair cut or style for all the 12 Priyankas, I also wanted a different fall and bounce for every girl’s hair. For that I needed an expert beyond the expertise offered by the Bollywood names.”
Rajesh Patil was roped in to do Priyanka’s 12 skin tones. “They’re very subtle differences. But nonetheless the skin shades determine a major part of every girl’s personality.”
Priyanka being dusky in complexion had a particularly tough time playing the more gora avtars.
As for her voices Ashutosh sifted through innumerable voices with composer Sohail Sen before selecting the 11 voices (the 12th girl doesn’t sing). “It wasn’t like an audition. But yes my music director Sohail Sen and I went through the voices to select the ones that suited Priyanka’s every avatar.”
Adds Ashutosh, “If I made the film 20 years ago Lataji would sung for all the 12 Priyankas and she would’ve made sure each avatar had a distinct personality.”
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END OF THE DAY STATUS OF THE STOCK MARKET:
Sensex went up by 0.4 % today.
SENSEX : 16,781.4 (+0.4%) NIFTY: 4,986.6 (+0.3%)
DOWN..20.9 % from 21,206.77 the all-time high of SENSEX
UP...........118.0 % from 7,697.39 the 52-week low of SENSEX
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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 about 11,000 level in the next couple of months. We expect October 09 period to be a very good period for making investments in good BSE/NSE index-stocks / mutual funds in India. So, do plan your investments in advance. Do systematic investment (SIP) during these 2 months.
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 1-2 quarters.
Do consult your investment advisor before making any investment decisions.
Do not purchase shares of a good company at a wrong (high) 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 and/or mutual funds. Put 33% in Fixed-Interest instruments and the remaining 33% in real estate when real estate prices are low.
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 that is the case in 2009) and divest when prices are high (which will be the case in Q1-2011).
Please note that October 2009 is expected to be a great month for investing your money in stocks & mutual funds 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.
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