Thursday, May 8, 2008

25 Business Capsules


Date:8th May,2008
1. Bharti Airtel of India in talks with MTN, the largest telco of South Africa, for its acquisition.

2. For 100% acquisition of MTN Bharti Airtel will require $35 billion and for 51% stake it will require $18 billion.

3. MTN has 68 million subscribers in Africa and Middle East.

4. Market capitalization of MTN is about $35 billion whereas market cap of Bharti is $45 billion.

5. Standard Bank is the financial advisor of Bharti whereas Deutsche Bank and Merill Lynch are advising MTN.

6. Goldman Sachs is advising Singtel of Singapore; Singtel has 30% stake in India’s Bharti Airtel.

7. Spice, promoted by Modi Wellvest Private Limited, is present in Punjab and Karnataka in India.

8. Indian IT companies’ valuation has declined according to Economic Times.

9. The price/earnings (P/E) ratio of Infosys which was 202.92 in 1999-2000 has declined to 19.73 in the fiscal year 2007-08.

10. If rupee increases by 1% against dollar the profit margin of Indian IT companies decreases by 35-50 basis points.

11. After Pune and Bangalore, Delhi too decides to provide free WiFi facility before the commonwealth games.

12. As per the findings of Indian Readership Survey (IRS) R1 for the year 2008 English dailies circulation especially in metros is going down.

13. Hindi dailies are still growing but at a slower pace as per IRS.

14. In Delhi, Times of India had 21.13 lakh readers a loss of about 1 percent from last year and Hindustan Times had 19.07 lakh readers, a loss about 2 percent from last year.

15. Readership of business dailies too have declined. The number readers of business dailies are as per IRS R1 2008 survey:

· Economic times: 7.43 lakh.

· Business Line: 88,000.

· Financial Express: 25,000.

16. Reliance has closed down its 1432 petrol pumps in India due to losses.

17. Deutsche bank of Germany is planning to invest about $1 billion in infrastructure and real estate in India in coming 3 years.

18. London based hospitality major Dawnay Day is planning to invest $300 million as part of its plan to open 4-star hotels in India in cities like Jaipur and Ahmedabad by 2010.

19. Vodafone has entered into an agreement with Microsoft India to provide SMS search service to its subscribers; the charge per SMS will be 30 paisa.

20. NYSE Euronext gets the Indian government nod to buy 5% stake in the Multi Commodity Exchange in India.

21. Metal One Corp of Japan which is Mitsubishi Corp’s subsidiary will invest $ 8 million to set up its fully owned subsidiary in India.

22. Cognizant Technologies has been ranked 859 is in the list of 1000 largest companies of America prepared by Fortune Magazine.

23. Cognizant was established in 1994 and had revenue of $2.136 billion in 2007.

24. Bajaj motorbikes had a market share of about 50% in the 125 cc segment in India.

25. 125 cc segment is 36% of the total motorbike segment in India.













1 comment:

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