Daily News from Bse,Nse Stock Markets of India |IPO Information

Free internet access till Oct 31 from BSNL in India

Good news for all the BSNL landline customers, starting from Sep 28th all the customers can be able to user the BSNL net for free without paying any extra connection charges. In an annoucment made BSNL has said that it has tied up with Elitcore Tech to provide free internet access to all BSNL customers during the festival season.

BSNL Free Internet Access Setup

BSNL Free Internet is now being offered only on the Dialup lines and is not applicable to BSNL broadband connections.

So How to get free BSNL Dialup internet?

If you have a BSNL telephone connection, connect a phone cable to your computer phone modem jack.

To make a dial-up connection by using a phone line

1. Open Network Connections.
2. Double-click New Connection Wizard, and then click Next.
3. In Network Connection Type, do one of the following:
   • Click Connect to the Internet. In Internet Connection, click Connect using a dial-up modem, and then click Next.
   • Click Connect to the network at my workplace. In Network Connection, click Dial-up connection, and then click Next.
4. Follow the instructions in the New Connection wizard.
5. Once the setup is complete, when you open up your dialup connection, it will ask you to enter user name and password. So here is the trick –>

Against “User name” or “User identification,” enter your telephone number preceded by the STD code minus the zero (for example, if you live in Chennai and your phone number is 23745914, your User ID is 4423456789). For  “password,” enter your telephone number (example 23745914). You are all set to browse the Internet through the all-India dial-up number 172222.

Enjoy your Free BSNL Internet Dialup connection for one month by paying only the pulse charges which are around Rs. 9.60 paise per hour during the peak hours and Rs. 4.80 paise per hour during the night times.

United Phosphorus Bonus Issue which was propsed by the company in the ratio of 1:1 has been approved by the company and the record date for United Phosphorus Bonus issue has been fixed by the company.

United Phosphours Bonus Issue ratio is fixed at 1:1 (One bonus share for every equity share held) by the share holders of the company.

United Phosphorus bonus issue news didnt help the stock move up and the stock has declined by 3 perecent at the end of yesterdays market close.

Jaipan Industries Bonus Issueis to be considered by the board in their upcoming board meeting to be held on 06th October 2008. In an annoucement made to the stock exchanges Jaipan Industries has informed that the board will consider issuing bonus issues and will also consider the proposal of raising the equity through GDR/ FCCB issue.

Jaipan Industries bonus issue news has helped the stock move up and hit the 5 percent upper circuit. More information and updates on Jaipan Industries Bonus Issue Ratio and Bonus issue date will be known after the board meeting.

Geodesic Information Systems has changed itsname to Geodesic. In an annoucement made to the stock exchanges the company has informed that the new name of the company will be Geodesic with effect from 19th September 2007.

Geodesic is one of the leading software products company focusing on communication and collaboration space across desptops and mobile devices.

Geodesic Information Systems from now on will be known as Geodesic.

Indian Realty Stocks are the top losers on the market today because of the negative global cues. Sensex and Nifty indices are down 5% each. Realty stocks like HDIL, Indiabulls Real, Ahluwalia, Gammon Infra, Gremach Infra, IVR Prime, Landmark Prop, Puravankara Pro and Subhash Project have touched their 52-week low.

However, Realty heavyweight Unitech is slightly away from its 52-week low Rs 135.10. Currently stock is trading at at Rs 139.50, down Rs 15.65, or 10.09%. Sources said that Lehman Realty investment in Unitech is not in jeopardy, reports CNBC-TV18 quoting NW18.

Lehman Brothers has filed Chapter 11 bankruptcy. It says no broker-dealer subsidiaries to be included in bankruptcy filing and the company is exploring sale of its broker-dealer operations.

List of realty stocks that have touched their 52-week Low during the day.

Gujarat NRE Coke Rights Issue to be explored by the board has led the stock gain good momentum at the close of market trading. Gujarat NRE Coke Rights issue meeting will be held on 17th September 2008 to consider issuing new shares to the share holders on Rights basis.

Gujarat NRE Coke Rights Issue Ratio and Rights issue price will be known only after the board meeting on 17th September.

Gujarat NRE Coke Financials

Gujarat NRE Coke has reported encouraging numbers with the surge in net profit of 120.5% to Rs 94.40 crore on increase in sales of 153.60% to Rs 377.64 crore in Q1 of June 2008 compared ot Q1 June 2007.

Do check back for Gujarat NRE Coke Rights Issue date, Ratio and price.

20 Microns IPO hit the capital markets with a public issue of 43 lakh equity shares of Rs. 10 each. 20 Microns IPO subscription begin on 8th September with an price band of Rs 50 to Rs. 55 per equity share.

20 Microns is a pioneer and leader in the micronised minerals and trend setter in the market for usage of ultrafine minerals for the Paints & Plastic Industries.The company intends to utilize the proceeds of the fresh issue in the IPO towards the current ongoing expansion plans of the manufacturing capacities at various locations, invest in the sub-micron particle sizes required by end-market and general corporate purposes.

CARE has assigned IPO Grade 3 to the 20 Microns IPO which indicates average fundamentals of the issue. 20 Microns IPO Subscription closes on September 11, 2008.

Book running lead manager to the 20 Microns IPO is Keynote Corporate Services Limited.The equity shares are proposed to be listed on Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd.

More information on 20 Microns IPO Subscription, Allotment and Listing will be updated here.