Maruti Suzuki will be launched its new Swift in August.


A print advertisement just released by Maruti Suzuki India Ltd says that the car is ‘coming soon’ that the five-door hatchback.


In the  print advertisement it's also mentions that the company has invested near about Rs 6,000 crore towards increasing production capacity.


The new Swift, based on an entirely new platform with new dimensions and added features, is expected to be longer (by 2.4%), lighter and more spacious than the present version.


Maruti’s decision to upgrade its best-selling model can be seen as its attempt to maintain and develop its stronghold on the small car section which has off-late seen a slew of launches by global and home-grown automobile giants.


Its interesting to see how new Swift  will effect on market.

Another bomb blasts in Mumbai on July 13th evening, there is a sense of fear that investor confidence and sentiment may be impacted beyond repair.


The economic and investment environment, which have been impacted in recent times due to the corruption scandals, will be affected further in the short-term because of the fact that Mumbai and for that matter other key cities in the country, are vulnerable to terrorist attacks from time to time, despite government’s claim of extra-vigil, said market experts and heads of broking firms.


After blasts in the past, market has opened in a positive territory as there are lot of patriotic investors who try to support the market, the blasts won’t have any impact on the economy, Experts said.


After the July 11, 2006 train blasts, the leader Sensex ended higher on the next day at 10,930.09, compared to previous day 10,614.35. Likewise during the serial blasts of 26 November 2008, the Sensex ended higher at 9092.72 the next day, higher from previous close of 9026.72.



The Sensex gained by 184.40 points (1 per cent) to 18,596.02 on Wednesday. FIIs were net buyers to the tune of over Rs 300 crore.

Communication and IT minister Mr Kapil Sibal in an interview with CNBC TV18. He when question about Comptroller and Auditor(CAG) General's report which states the loss of Rs 1.76 lakh-crore, his response was that report is utterly erroneous. Mr Sibal added that CAG wrongly interpreted Communication between Prime Minister, Dr Manmhon Singh and Former Telecom Minister, A Raja. He says that there was no loss in the sale of 2G spectrum. Mr B.K. Syngal, former Chairman, VSNL ltd, question why 2G spectrum was sold in 2008 at the prices of 2001.


According To CAG the state exchequor loss is Rs 1.76 lakh-crore. But Kapil Sibal added to it that if we calculate the total loss in NDA Government from 1999 is Rs 1.43 lakh-crore. Kapil Sibal supported Former Telecom Minister, A Raja when CBI was investing about the links between A Raja and various companies and airwaves. According to Kapil Sibal, sometimes for Public welfare, we have to face some loss.

MUMBAI: The Indian retail sector will continue to expand at a fast clip, with the number of malls in the country likely to swell to 280 in 2011-12 from 190 at present, a global real estate services firm has said.

" India has added around 5 million sq ft of retail space in 2010 and approximately 15 million sq ft of space is lined up to get operational in 2011-2012," CB Richard Ellis said.

While the National Capital Region (NCR) has significant vacant retail space, another 4 million sq ft is lined up for development in 2011-12 in Delhi and its suburbs.

Mumbai, the NCR and Bangalore will lead the rest of the country in terms of retail space development, accounting for almost 70% of the total area developed around the country in 2011-12, it said.

Rents have depreciated by 30-40% on average across cities and have relatively headed toward stability post-correction in 2008, according to CBRE.

There is no dearth of demand for retail spaces on rent at current rent levels, which the firm said would lead retailers to hire properties at the corrected rental levels.

The real estate services firm said around 3 million sq ft of mall space is expected to be ready in 2011 in Mumbai, with R-City Centre II in Ghatkopar, Market City in Kurla and Nirmal Lifestyle II in Eastern suburbs expected to open for business.

"Rental values have been increasing across all high-street destinations and better-performing mall properties (largely Linking Road, South and Central Mumbai), fuelled by active retailer interest in opening shops in these locations," it said.

At present, Mumbai has around 7 million sq ft of retail mall space in South and Central Mumbai and the Western and Eastern suburbs, coupled with around 4 million sq ft of high-street space concentrated in Linking Road, the Colaba Causeway and Kemps Corner.

CB Richard Ellis South Asia chairman and Managing Director Anshuman Magazine said the overall real estate performance of the country has been on an upward trend, with increasing transaction volumes.

"In the coming year, prices will witness an upward trend in commercial and retail rentals in the CBD (Central Business Districts) and prime city districts. The suburbs, however, will witness marginal appreciation, or stability in prices," he said.

The stock markets are in a consolidation phase since the last one month, after a sharp rally between June and October this year. The current market consolidation phase is mainly due to profit booking and reduced fresh participation by the large institutional investors. However, analysts believe foreign institutional investor (FII) investments will come back over the next few weeks and the markets will regain their upward momentum.

The fundamentals of the domestic economy are quite strong. There are not many investment opportunities in the Western countries as the economies there are struggling to maintain a growth path.

Here's how you can identify value picks - stocks and sectors that are favourably-placed and having strong fundamentals - in the current market conditions:

Track market conditions

The first step is to identify sectors that are expected to do well, based on the broader market and macroeconomic conditions. Once the sectors are identified, it becomes easier to identify stocks and invest in them. It is not necessary to invest in the bestperforming stocks to get handsome returns. It is important to identify some good stocks and create an equity portfolio by investing in many stocks from different sectors. This will ensure good returns along with limited downside risk.

An ideal equity portfolio should have 8-10 carefully-selected stocks. It is important to track market developments and keep shuffling your portfolio based on changes in the conditions.

Here are some ways to identify sectors/stocks for your portfolio:

Analyse

An analysis is one of the most basic methods of identifying stocks. However, it requires thorough understanding of the markets, economic conditions and finance. Therefore, it is mostly suitable for experienced investors or those who have expertise in stock market investments.

Nevertheless, every investor should make an analysis of the markets before investing in any stock. You can start with some basics such as comparison of current results with past results, outlook for sectors, management guidelines for the future on business and earnings visibility, price-to-earnings (PE) ratios etc.

Analysts’ views

Many investors rely on advice or tips from analysts and stock brokers to take investment decisions. You should understand the basis of the recommendations rather than follow the advice just like that.

Discussion group

Discussion is another medium to cross-examine and identify stocks to invest in. Due to the dynamic nature of the stock markets, it is very difficult for an individual to track and react to important market events. You can form a small group or participate in discussion forums of like-minded people to discuss equity investments. The discussion forum can be formed with friends, colleagues or even on the Internet.

It is a good platform to learn through interaction and be attentive to many market developments.

‘Buy at dips’ strategy advisable

Since the medium to long-term outlook for the domestic markets is good, you should stick to the strategy of 'accumulate at dips'. It is easier said than done as it is difficult to predict market directions, especially the tops and lows. Therefore, it is suggested that one should not wait for the markets to bottom out to invest, but rather start investing in small quantities every time the markets correct significantly (five percent or more).

Similarly, you should book profits in small quantities at regular intervals whenever your investments appreciate. Those who do not have a deep understanding of the markets or the time to track their investment portfolio regularly should go for investments through the equity mutual funds route.

KIGALI (RWANDA): An Indian company has signed a pact with the Rwanda Development Board (RDB) to invest $250 million for a knowledge hub and an integrated food park in this East African country, once associated with its fratricidal conflict that claimed nearly a million lives.

India's Universal Empire Infrastructures (UEIL) has been in discussion with the Government of Rwanda for a few months and the company delegation also visited here, the capital of Rwanda. The delegation also held detailed discussions with six cabinet ministers of the Rwandan government.

The memorandum of understanding inked now is a follow-up of the recent road shows held by RDB in New Delhi, Mumbai, Bangalore and Ahmedabad, officials said.

Clare Akamanzi, chief operating officer, and K. Balachandran Nair, chairman and managing director, signed the pact on behalf of RDB and UEIL, respectively, in the presence of Munish Gupta, director of UEIL, and Rosemary Mbabazi, director for investment promotion with RDB.

The pact focusses on the establishment of a knowledge hub that entails a multi-disciplinary university that comprises all schools, especially for medicine, in collaboration with Royal Colleges of either Scotland, Ireland or England, as also those for engineering, management, commerce, education, agriculture, arts and humanities, and basic sciences.

It also calls for centres on employable skill development, IT, biotech and research, apart from a sports complex and convention centre, a medical resort with 300 rooms, wellness centre, naturopathy and water sports to spur tourism.

The second part of the pact focusses on the establishment of an integrated food processing park to develop agriculture and animal husbandry.

Rwanda, now led by its second-term, democratically-elected President Paul Kagame, wants to leave the catastrophic genocide in 1994 behind and forge pacts globally to lift the impoverished country. Around 90 percent of the population of this country is engaged mainly in subsistence agriculture and processing of some minerals.

MUMBAI: India's foreign exchange (forex) reserves declined by $971 million to $295.42 billion for the week ended Dec 10 due to a slump in the value of foreign currency assets.

The foreign currency assets, the biggest component of the forex reserves kitty, declined by $979 million to $266.25 billion during the week, according to the weekly statistical supplement of the Reserve Bank of India (RBI).

The foreign currency assets expressed in US dollar terms include the effect of appreciation or depreciation of non-US currencies such as British pound sterling, euro and Japanese yen held in reserves.

However, the Special Drawing Rights (SDRs) rose by $6 million to $5.072 billion and the reserve with the International Monetary Fund advanced by $2 million to $1.97 billion.

The value of gold reserves remained unchanged at $22.124 billion.