Sunday, March 19, 2006

fellas... Latest updates

Big B's return
Mr Bacchan has resumed work with a guest appearance in Gaurang Doshi’s film "Happy Birthday".Directed by Sriram Raghavan, who earlier directed the crisp thriller "Ek Hasina Thi"."Happy Birthday" is a sci-fi movie with loads of adventure.
Guest who's playing the solo lead in the movie.... Hamara Johnny bhaiia...yet to freeze on the actress.

Wanna invest in MFs? Beware of the ad trap
Mutual funds are the toast of the season in the world of investment. Fund houses are coming up with new schemes with great fervour and the investors are lapping up every new offer with even greater enthusiasm. As a result, the MFs are garnering record-breaking cash collections with every new fund offer (NFO), while existing schemes are also being offered to the investors. As per the recent data, the new Reliance Equity MF scheme collected a record of more than $1 billion nearly in its NFO, which is the first ever billion-dollar mop up by a new scheme in the India’s mutual fund history. There is nothing wrong with investors showing this unforeseen attraction for mutual funds, especially the equity-focused funds, given the current state of Bull Run continuing for quite some time on the bourses and the recent budget proposals aimed at giving a boost to the MF investments. However, what is a point of concern is the investment premise that is driving this bull run in the MF segment. Market observers believe that investors, especially the retail ones, are mostly following a herd-mentality and are primarily being driven by the greed to cash in on the ongoing record-breaking rally in the equity market - rather than cementing their investment decisions with proper analysis of the market trends. Moreover, investors are falling prey to the advertising and promotional gimmicks of the fund houses which are promising the moon for the investors. More or less, all the fund houses assume that investors are gullible when it comes to investing their hard-earned money - at least the advertising campaigns run by various MF houses suggest in that direction.
INDIATIMES NEWS NETWORK[ MONDAY, MARCH 20, 2006 ]

Retain your old no with new service
Last week, the Telecom Regulatory Authority of India (TRAI) finally recommended that mobile number portability (MNP) will be introduced for cellular subscribers in April 2007 – just over a year from now. This marks a major step in the ongoing evolution of Indian telecom, and could mark a fundamental shift in the business. Once this happens, customers will be able to switch service providers, while keeping the same telephone number. Mobile operators have been opposing the move vehemently, arguing the additional costs of technology and equipment required will make their businesses unviable. TRAI, however, believes that the gains to customers far outweigh the costs, and a free (or very cheap) portability is essential for a free and competitive market. The evidence from other markets proves this view. However, what is inexplicable is the exemption given to land lines. In almost every other country, fixed line number portability preceded or was implemented in parallel with MNP. This smacks of unnecessary protection to the state-owned telecom operators, who dominate the fixed line market.
TIMES NEWS NETWORK[ SUNDAY, MARCH 19, 2006 ]

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