weekly news4

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CONNECT TO PUMP IN RS.150 CR. TO EXPAND BROADBAND AND BUSINESS Connect is investing Rs.150 cr. In Punjab to expand its broadband business. HFCL infotel brand already invest 1500 cr. in se broadband ,CDMA and landline service. Company expanding its optical fiber network 4500km to 5000km to cover more area . Acquisition between Connect and Videocon will open all circle for connect for which Videocon has license.

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Page 1: Weekly news4

CONNECT TO PUMP IN RS.150 CR. TO EXPAND BROADBAND AND BUSINESS

Connect is investing Rs.150 cr. In Punjab to expand its broadband business.

HFCL infotel brand already invest 1500 cr. in se broadband ,CDMA and landline service.

Company expanding its optical fiber network 4500km to 5000km to cover more area .

Acquisition between Connect and Videocon will open all circle for connect for which Videocon has license.

Page 2: Weekly news4

MOTOROLA MAY LUNCH TABLET COMPUTER BY 2011

To gain market share in another segment of market

Mobile phone giant Motorola is looking for its tablet computer early next year.

Page 3: Weekly news4

REID & TAYLAR’S $250 IPO BY YEAR END

Reid & Taylar’s plan to hit the market with its $250m IPO by end of 2010

Nitin kashwal-led Reid & Taylar’s is 75% owned by SKNL while the balance is held by Singapore

Page 4: Weekly news4

SMALL IT FIRMS SEEM RIPE FOR CONSOLIDATION

Acquisition of Kale Consultants by French Airline solution provider acelya holding is expected to trigger a wage of impending consolidation among small sized it.

These firms can hope for good valuation because of significant interest of vendors in the Indian market.

Page 5: Weekly news4

Kale Consultants is specialise in the travel industry and able to sell their entire 35.6% stake at Rs. 95.52 cr.

Small IT firms profit is decline sequentially due to billing pressure from clients.

Page 6: Weekly news4

INDIAN IT CREATED 7000 JOBS IN U.S. IN AUG.

Indian IT companies created 7000 jobs in U.S. in last month.

2.5 lakh jobs over the last three years Nasscom president Som Mittal had wanred that

if working in U.S. become pain then $50b

IT industry set another business model to create job in India.

Page 7: Weekly news4

HP TO BUY ARCSIGHT FOR $1.5B HP the world biggest PC maker agreed to buy

Arcsight for $1.5b gain security software. Arcsight investor will receive $45.50 share. Arcsight acquisition will help HP serve the data

center market and for growth strategy. Arcsight also specialized in programs for

compliance of computer system.

Page 8: Weekly news4

SPURT IN ‘GREEN’ WEAR RANGE LIKELY AS DEMAND SOARS POPULARITY GROWS DESPITE ORGANIC CLOTHING 30% HIGHER

Eco-friendly has acquired a business in retail. Apparel retail has many examples who are going to

adopt this business e.g. Wills Lifestyle , Van HEUSEN, Benetton, S Kumar's nationwide and Arrow .

For eco-friendly conscious consumes. Currently less than 1% organised brand in this market

have value Rs.32000cr.

Page 9: Weekly news4

SENSEX AND NIFTY

14-09-10 15-09-10 16-09-10 17-09-10 18-09-100

5000

10000

15000

20000

25000

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