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The capital city of Kathmandu is nestled in the lap of the gorgeous Himalayan range. Presided over by snow-capped peaks, Kathmandu is surrounded by lush agricultural hills speckled with traditional villages and brick houses. The largest city in Nepal, Kathmandu throws together a blend of the nation’s varied populace and also boasts of a rich and glorious culture, which is well evident in the daily life of its inhabitants. The city as well as the suburb of the city is dotted with innumerable tourist attractions.

Top Attractions

Royal Palace

The Royal Palace in the Kathmandu city is one of the most popular tourist spots. The southern corner of the palace is marked by a famous historic water sprout. The foreigners are allowed to visit this famous spot on every Thursday from 13:00 to 15:00 hours.

Durbar Square

Durbar Square in the city of Kathmandu is the largest of the palace squares in the three royal cities….


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Why Mutual Funds Are Better Option For Retail Investors

It is simply instinctive to get attracted toward equity. The success stories - few true and many false - of people having become millionaires overnight, are bound to allure anyone. But the fact is that Stock Market isn’t easy money; Stock market is not everyone’s cup of tea.

It is our hard-earned savings, which is at stake. So let’s be very concrete about it.

Do you have adequate capital?


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Investment* Tayo Rolls (Rs.152) Leader in Cast rolls, which are in huge demand by the steel industry. It is widening its customer base in the global markets and is expected to report sharp
jump in exports in coming years. The grinding rings and balls supplied by it to the power plants have won repeat orders. The takeover of CORUS in Europe by Tata Steel is another a big positive reason as this opens up doors to othercompanies in the region. It has successfully penetrated the foundries. The company expected to fare well in this division for the next few years. Its low capital base of Rs.5.47 cr. and book value of around Rs.75 make it an excellent point of view.

Visit New Page Kukku Ji Moneytimes Calls for latest updates.

Knowledgeable circles are said to be accumulating the stock as they expect it to report very strong growth over the few years.
Seeing to the improvement in sales. If the stock closes above Rs.156 with volumes, it should give good breakout for a good upside. It is
another TRF in the making in the long run with a similar equity base. We have been recommending this stock from very
low level of around Rs.87/88 level. With a low capital base of Rs.5.47 cr. and book value of around Rs.75, makes this
scrip an excellent buy at Rs.150 from the long-term point of view.
Market Guidance

* Sambandam Spg.

growth over the last few years. During FY07, it improved operating
margins from 23.6% to 26.4% and the full year EPS jumped from
Rs.15.55 to Rs.26.3.
It has completed its

with addition of 13,392 spindles. It is now establishing a new unit
(Unit-3) at Kavarkaipatty near Salem in Tamilnadu at an estimated cost
of Rs.100 cr., which will result in addition of 30,000 spindles and 24
looms which will be completed in FY09.
The stock is cum dividend and the stock

stock for good long-term growth. Once it catches attention of big investors, it will cross the Rs.200 mark. Fresh buying
should be done only on reactions with a long-term view around Rs.120/122.
* Asian Oilfield Services (Rs.67.1) has posted excellent returns. Investors

even from current level. The company is expected to report encouraging results in Q1FY08 on 2007-08. Leading broking
firms have given buy call.
* Adhunik Metals (Rs.58

acquiring its own coalmine and a few broking firms are said to be bullish on the stock.
* Keep a watch for an upmove in Navbharat Ferro Alloys (Rs.108). Good developmen

* Tata Sponge Iron (Rs.116) has come out with excellent results in view of firm prices of melting scrap, which have

up to Rs.19500 from Rs.15500 about 6 months back. Stock is 40% cum dividend at the current market price of Rs.116.
* 3M India (Rs.1767) was discussed in this column few weeks back. Knowledgeable circles are very bullish on the sto

with long-term view.
* Well-informed sourc

* Hikal’s (Rs.419) current year EPS is projected around Rs.38/42 level, and is a safe investment bet

smart HNIs. After good accumulation at lower levels, the stock has closed above Rs.410 and may be heading for good a
long-term target.
* Some marketme

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* Action now seems to have shifted to Indiabulls Real Estate (Rs.365), which is expected to go up to Rs.450 level in the
near future. Stay invested.

* Oswal Chemicals (Rs.40.5) stock is to be included in F&O. Heavy investment & speculative positions are being built
up in the counter. Big investors who were active buyers in IFCI at lower level of Rs.10/14 are said to be active in Oswal
Chemicals (formerly Bindal Agro) as some favourable developments are said to be taking place. We had recommended
this stock last week. Stay invested for good target over the next six months.

* JMC Projects (Rs.254), which was recommended earlier has closed well at Rs.254 and given a good breakout for a
further good upside. Book part profits around Rs.290 level.

* Avery India (Rs.59) has reported encouraging Q4 results. Long-term investors can add this stock on reactions for good
long-term growth.

* Eimco Elecon (Rs.285) - Sandvik of Sweden likely to exit by disinvestment as per informed sources.

* An open offer is expected in FCI OEN (Rs.383) as per unconfirmed sources.

* Revathi Equipments (Rs.577) results are likely to be flat on a consolidated basis but worst seems to have been
discounted at current levels and the waiting period is over.

* Supreme Industries (Rs.225) seems to be ready for the next move. Stay invested.

* Good market reports are pouring in on India Glycols (Rs.149), Deep Industries (Rs.73), Gujarat Alaklies (Rs.142),
JJ Exporters (Rs.64), Indag Rubber (Rs.36.15), IDBI (Rs.94) and Karnataka Bank (Rs.172).

India’s real estate rentals are set to surge in major cities with demand from the fast-growing retail sector expected to treble to 5.57 million sq m in two years, a survey showed. Jones Lang LaSalle Meghraj, the Indian unit of the Chicago-based real estate firm, said in a report on Wednesday that major retailers were fuelling asset price growth in a rush to acquire space and beat off competition.

“With retailers demand out-stripping supply, double digit rental growth has been a feature of most metros since 2004, and growth is continuing into 2008,” it said.

Leading business houses like Reliance Industries, and the Aditya Birla and Bharti groups are investing heavily to cash in on a $300 billion retail industry forecast to more than double in size by 2015.

Jones Lang said retail mall stock in India, which was only 1 million sq ft in 2002, had expanded to 19 million sq ft by 2006.

It is expected to expand to 40 million sq ft by the end of 2007, and 60 million sq ft by the end of 2008, it added.

The rental of a prime retail space in Delhi is expected to rise by about 25 percent annually to nearly 350 rupees ($8.5) per sq ft by the end of 2007, the survey showed.

Rentals in Mumbai are estimated to rise by close to 10 percent this year.

Delhi and Mumbai alone will contribute 40 percent of retail business by 2008, and retailers will need 22 and 15 million sq ft of space respectively in the two cities by then, the survey said.

The yen fell on Thursday, giving up initial gains against the dollar as more market players took the view that the Japanese currency’s sharp rally in the last week to three-month highs may be running out of steam.

Investors are awaiting a U.S. payrolls report later this week for any weak figures that could further stoke expectations for the Fed to cut interest rates later this year, potentially sparking dollar selling against the yen. “If we get another weak number to indicate a slowdown in the U.S. economy, the current move to sell the dollar and unwind yen short positions could continue,” said Hideaki Inoue, chief manager of forex trading at Mitsubishi UFJ Trust and Banking Corp.

“The dollar has the potential to fall to 113 yen at the most before eventually rebounding,” Inoue said.

An economic derivatives auction on the February payrolls data, which enables traders to take positions on the potential outcome, indicated a market implied forecast of 93,100 jobs added in the month, below economists’ expectations for a 100,000 increase.

A separate report of U.S. private employers on Wednesday showed private sector jobs growth of 57,000, well below expectations.

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