Tuesday, September 30, 2008

TCS wins WS Journal Global Innovation Technology Award

Tata consutancy services a leading global IT services and business solutions firm today announced that the world’s leading business publication, has selected TCS’ mKrishi service as the winner of its 2008 Technology Innovation Award in the wireless technology category. The award recognizes companies, individuals and organizations world-wide for technological breakthroughs in such areas as medicine, the Internet, wireless and consumer electronics.

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Lehman Brothers bankruptcy impact on Indian IT market

With Lehman Brothers filing for bankruptcy and Bank of America taking over Merrill Lynch; the key question would be - do these companies have significant exposure to the Banking, Financial Services and Insurance (BFSI) space and what would be the impact?

Lehman Brothers, which has filed for bankruptcy, seems to have very little outsourcing done as of now and the exposure remains with Wipro and Tata Consultancy (TCS). Wipro has given a statement that Lehman Brothers is not such a significant client and they are not worried about it. TCS may not see much of the impact.

But one needs to watch out for what happens with Merrill Lynch because Merrill Lynch was a significant client for both Satyam and TCS. The one which is going to suffer from Merrill Lynch’s takeover is going to be Satyam because it was a significant top client for them. Where TCS gains over Satyam is it has in relationship with the acquiring company Bank of America, which gets more outsourced work.Infosys and Bank of America have a very steady relationship. So Infosys maybe one of the gainers.

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Friday, September 12, 2008

You Can buying and selling of dematerialised securities

You Can buying and selling of dematerialised securities

a. selling dematerialized securities

b. purchase dematerialized securities.

selling dematerialized securities

The procedure for selling dematerialized securities is very simple. Procedure for selling securities is given here below:

  1. You sell securities in any of the stock exchanges through a broker;
  2. You give instruction to your DP to debit your account and credit the broker's (clearing member) account before the deadline time specified by your DP;
  3. Before the pay-in day, your broker gives instruction to its DP for delivery to clearing corporation;
  4. Your broker receives payment from the stock exchange (clearing corporation);
  5. You receive payment from the broker for the sale of securities.

purchase dematerialized securities.
For receiving demat securities you may give a one-time standing instruction to your DP. Procedure for buying securities is given here below:

  • You purchase securities through a broker;
  • You make payment to your broker who arranges payment to clearing corporation on the pay-in day;
  • Your broker receives credit of securities in its clearing account (clearing member account) on the pay-out day;
  • Your broker gives instructions to its DP to debit its clearing member account and credit your account;
  • You receive shares into your account. However, if standing instructions are not given at the time of opening the account, you will have to give 'Receipt Instructions' to your DP for receiving credit.

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Stock Markets?

A stock market is a market for the trading of company stock/ shares, and derivatives. Market is a place where buyers and sellers of securities can enter into transactions to purchase and sell shares, bonds, debentures etc. It also enables corporates, entrepreneurs to raise resources for their companies and business ventures through public issues.

    1. Primary Stock markets:
      The primary market is that part of the capital markets that deals with the issuance of new securities. Companies, governments or public sector institutions can obtain funding through the sale of a new stock or bond issue. This is typically done through a syndicate of securities dealers. In the case of a new stock issue, this sale is an initial public offering (IPO)

b. Secondary Stock markets:
The secondary market is the financial market for trading of securities that have already been issued in an initial private or public offering. The secondary market is where you can purchase securities from the seller as opposed to the issuer of such a security.

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What is a stock exchange?

A stock exchange, share market is a corporation or mutual organization which provides facilities for stock brokers and traders, to trade company stocks and other securities .The securities traded on a stock exchange include: shares issued by companies, unit trusts and and bonds.

There are two type of stock exchange

:-Bombay Stock Exchange Limited or BSE

:-National Stock Exchange or NSE

what are sensex and nifty

The Sensex is an "index". What is an index? An index is basically an indicator. It gives you a general idea about whether most of the stocks have gone up or most of the stocks have gone down.

The Sensex is an indicator of all the major companies of the BSE.

The Nifty is an indicator of all the major companies of the NSE.

If the Sensex goes up, it means that the prices of the stocks of most of the major companies on the BSE have gone up. If the Sensex goes down, this tells you that the stock price of most of the major stocks on the BSE have gone down.

Just like the Sensex represents the top stocks of the BSE, the Nifty represents the top stocks of the NSE.

Just in case you are confused, the BSE, is the Bombay Stock Exchange and the NSE is the National Stock Exchange. The BSE is situated at Bombay and the NSE is situated at Delhi. These are the major stock exchanges in the country. There are other stock exchanges like the Calcutta Stock Exchange etc. but they are not as popular as the BSE and the NSE.Most of the stock trading in the country is done though the BSE & the NSE.

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Tips for Avoiding investment Scams, from the Internet Fraud Watch

· Don’t believe claims that there is no risk. There is always risk in investments, and no one but a con artist will tell you otherwise. Know the risk before you invest.

· Beware of promises that you’ll make big profits fast. No one can accurately predict how an investment will do. Often the investments that promise the most pay-off are also the most risky.

· Get the details in writing. Legitimate companies will be happy to give you all the information you need.

· Don’t agree to anything on the spot. Pressure to act immediately is a danger sign of fraud.

· Understand your investments. Do you know the difference between stocks and bonds, margin accounts and cash accounts, options and futures, mutual funds and certificates of deposit? If not, do your homework before you invest.

· Don’t act on testimonials from strangers. Someone who appears to want to share a friendly tip about a great investment opportunity may actually be a con artist trying to lure you into an investment scam.

· Be especially wary of investments in commodities. Crooks often promise that the value of investments in coins, precious metals, artwork, oil leases, gemstones, and other commodities will rise. The truth is that the value of these types of investments can go up or down significantly.

· Steer clear of “offshore investments.” These are often promoted as a way to avoid taxes. Actually, you are still liable for taxes, and the investments themselves are usually very risky.

· Be cautious about emails for investments. Many unsolicited emails are fraudulent.

· Take the time to check out investment offers. A good place to start is with your state securities regulator. Other resources for information to help you make wise investment decisions include: the federal Securities and Exchange

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