Tata Motors

Time line -

2008-09 Results -> Consolidated loss of 2500 Crore. Sales slumped by 37%. Jaguar and Land Rover posted loss of 1750 Crore. Jaguar sales fell by 4%. Land Rover sales fell by 40%.

June 2008 -> Purchased Jaguar and Land Rover for $2.4 Billion from Ford

2000-01 Results -> Made losses due to slump in demand of Trucks and Small Car Indica.

My Favorite Technical Links

WPF (Windows Presentation Foundation)

http://msdn.microsoft.com/en-us/library/ms754130.aspx

WCF (Windows Communication Foundation)

http://msdn2.microsoft.com/en-us/library/ms735119.aspx

WF (Windows Workflow)

http://msdn2.microsoft.com/en-us/library/ms734631.aspx

Sesa Goa

Business -
Sesa Goa is 51 % subsidiary of Vedanta Resources. It is engaged in mining and export of iron ore. It operates in following three segments
Iron Ore - 84 % of Revenue
Pig Iron - 13 % of Revenue
Met Coke - 3 % of Revenue

It has current capacity of 12 million tonnes per annum.

Global Peers
BHP Billiton - It is world's largest mining company.
Rio Tinto -

Revenue (Topline) - 50% CAGR
Mar 05 - 1499 Cr
Mar 06- 1771 Cr
Mar 07- 2017 Cr
Mar 08 - 3571 Cr
Mar 09 - 5074 Cr
Mar 10 -
Net Profit (Bottomline) - 75% CAGR
Mar 05 - 462 Cr
Mar 06- 539 Cr
Mar 07- 606 Cr
Mar 08 - 1492 Cr
Mar 09 - 1942 Cr
Mar 10 -
Risks - Iron Ore Prices. As these are coming down, earnings are also decreasing.

Banking Terms

NPA - Non Performing Assets - Loans that are not being serviced, i.e. either the principal or interest or both are not paid by borrowers within 90 days of due date.

NIM - Net Interest Margin

CRR - Cash Reserve Ratio - The amount every bank has to keep with RBI.

Allahabad Bank

Allahabad Bank is India's oldest bank. It was established in 1865. Bank was natinalized in 1969. Currently its headquarter is in Kolkata. The bank has more than 1900 branches in India. It has one branch in Hong-Kong and an office in China.

Capital adequacy ratio - 13%

Real Estate Sector in India - Challenges

Real estate sector in India is facing following challenges -

Demand Slowdown
High Interest Rates (18 - 20% By Banks)
Rising Input Costs (Cement and Steel Prices are increasing)
Cash Crunch (Most of real estates are facing 50-70% cash crunch and this has forced them to pick up cash from unorganised sectors at interest rates as high as 35% to 50%)

Capital Gain Tax Liability - Open Offer

Capital gains tax liability on shares tendered through the open offer route -

Tendering stocks through an open offer invites a higher incidence of tax, when compared with selling in the open market. The short-term capital gains are taxed at their applicable tax rate and long-term gains are taxed at 10 per cent.