Monthly Archives: August 2010

Coal India IPO on October 18

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Coal India Limited (CIL) is a Schedule ‘A’ ‘Navratna’ Public Sector Undertaking under Ministry of Coal, Government of India, has its Headquarters in Kolkata, West Bengal.

Coal India operates 471 mines in 21 major coalfields across eight states in India. Coal India also operates 17 coal beneficiation facilities with an aggregate designed feedstock capacity of 39.40 million tons per annum.

Coal India IPO

Coal India, India’s largest Coal producing company is scheduled to open its Initial Public Offering (IPO) for subscription from October 18, 2010.

The Government of India is selling 10% stake in Coal India to public through this IPO which will offer 63.16 crore shares through the book-building route.

Coal India IPO is one of India’s biggest stake sale could raise around Rs 15,000 crore.

Hyundai Santa Fe SUV in India : Price and Specs

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Hyundai Santa Fe

India’s second largest car maker Hyundai Motors India is planning to launch its premium sports  utility vehicle (SUV) Santa Fe by October 2010 ahead of festive season in India.

Santa Fe is a mid-size 7 seater crossover SUV based on Hyundai Sonata platform was introduced in the international market in 2010.

Initially Hyundai is planning to import Santa Fe as completely built units and if volume picks up Hyundai will assemble it locally.

Even though Hyundai launched Terracan and Tuscon SUV models in India but failed to impress Indian customers. In India Hyundai is a leading manufacturer in the hatchback segment with products like i10, i20, Santro but failed to manage the same momentum in the luxury car segment as its luxury cars like Sonata, Elantra were not performed well in Indian market.

Hyundai Santa Fe Price : The 2.2-litre diesel engine Santa Fe with seven seater is expected to come with a price tag of 22-24 lakh.

The new Hyundai Santa Fe is going to compete with Honda CR-V, Chevrolet Captiva, Ford Endeavour, Nissan X Trail, Mitsubishi Outlander, Mahindra Scorpio, Tata Safari, Maruti Grand Vitara and Mahindra Bolero etc

The Hyundai Fe engine is expected to be 4 cylinders with DOHC (Double Over Head Camshafts) 2199cc, CRDI (Common Rail Direct Injection) fuel supply system.

Hyundai has not revealed the exact details about Santa Fe Indian version. In US market Santa Fe comes in three variants GLS, SE and Limited.

GLS model is a 4 cylinder DOHC 16-valve, 2.4 litre, 175@6000hp and 169@3750 torque.

SE : V6, 3.5 litre DOHC 24-valve, 276@6300 hp, 248@5000 torque

Limited : 4-cylinder / V6 DOHC 16 or 24-valve, 2.4 / 3.5 litre, 175@6000 / 276@6300 hp , 169@3750 / 248@5000 torque

Nokia Dual SIM Phones : C1 and C2 Price in India

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To regain its lost market share Nokia has launched two dual SIM mobile phones in India. Desi handset companies launched dual SIM phones long back and it was an instant hit. Major brands like Samsung followed it and tasted success with their dual SIM handsets but Nokia failed to understand the mindset of common Indian mobile user.

In India most of the subscribers hold at least two SIMs as getting a SIM card is cheap and easy. Since different mobile service providers offers different tariff structure people accumulate SIM cards from many providers to get the best options available in the market. That boosted the importance of Dual SIM Phones.

But finally now Nokia also coming up with their own Dual SIM models.

Nokia Dual SIM Phones : C1 and C2

Nokia C1 (C1-00) : Dual band 900/1800 MHz, Shortcut key for SIM switch, Weight (with battery): 72.9 g, Resolution: 128 x 160 pixels 1.8" display screen, Up to 65,000 colors, Switch easily between two SIM cards with one touch of a button, Keep on talking for up to 13 hours with the long-lasting battery,

Nokia C1 Price in India : Rs 1,999/- 

Nokia C2 (C2-00) : Swap multiple cards using the second hot swap-enabled SIM slot, Use the shortcut keys to swap quickly and smoothly between active SIMs, 1.8" screen 128 x 160 pixels, microSD memory card slot, hot swappable, max. 32 GB, Dual band 900/1800 MHz, GPRS class A, multislot class 32, Bluetooth version 2.0, High-Speed USB 2.0, VGA camera

Nokia C2 Price in India : Rs 2,500/-

EIH Ltd | Oberoi Group

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The Oberoi Group was founded in 1934 and currently operated 28 hotels and three cruisers under the Trident and Oberoi brands.

Trident hotels are five-star hotels that have established a reputation for excellence and are acknowledged for offering quality and value. Oberoi Hotels & Resorts is synonymous the world over with providing the right blend of service, luxury and quiet efficiency.

Mr. P.R.S. Oberoi is the Chairman and Chief Executive Officer of EIH Limited, the flagship company of The Oberoi Group. He is also the Chairman of Oberoi Hotels Private Limited, the major shareholder of EIH Limited.

EIH Ltd shares surged 11.46% or 15.50 on BSE and closed at Rs 150.70.

RIL buys 14.1% stake in EIH for RS 1021 Crore

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Reliance Industries announced Today that it has acquired 14.1% stake in EIH Ltd for Rs 1021 crore.

The Oberoi Group, founded in 1934, operates 28 hotels and three cruisers in five countries under the luxury ‘Oberoi’ and five-star ‘Trident’ brands.

The Group is also engaged in flight catering, airport restaurants, travel and tour services, car rentals, project management and corporate air charters.

The Stake Purchase is made through RIL’s wholly-owned subsidiary Reliance Industries Investment and Holding Private Limited.

Micromax X510 Pike : Price and Features

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Micromax X510 Pike is a new offering from Micromax Mobiles with 7.1 cm 262K TFT Full Touch Screen Display, 2 mega pixel camera, microSD support up to 16GB, up to 8 hours talk time with 1500mAh Li-ion batter, 5 color backpanel, facebook integration, Snanptu preloaded etc

  • 262K TFT 7.1 cm Full Touch Screen Display with 240×400 pixels resolution
  • 2 Mega Pixel Camera
  • Multi Format Music Player
  • 3.5mm Audio Jack
  • Nimbuzz Multi Messenger
  • Opera Mini Browser Preloaded
  • Snaptu
  • Bluetooth with A2DP
  • 2000 phonebook memory and 500 sms memory
  • Expandable memory up to 16GB
  • 1500 mAH Li-Ion battery gives up to8 hours talk time and 16 days standby

 

Micromax X510 Pike comes with Snaptu which is a collection of free apps like

  • Twitter app to tweet, view profile, update status, view timeline etc
  • Facebook App to view profile, inbox, pictures etc
  • Picassa for Mobile – View photo albums, post comments, search images
  • News and Blog Reader – combine your favorite blogs
  • ESPN Cricinfo for Mobile – News, Live Scorer, commentary, scorecards
  • AccuWeather for Mobile – Local and global weather forecasts – 7 day forecasts, satellite images
  • Additional apps like Flickr, football, movies, trivia

 

Micromax X510 Pike Price : Rs 6,500/-