Economy & Business THE ECHO OF INDIA KOLKATA Tuesday December 29, 2015 Sensex at about 1-month high, climbs 195 points MUMBAI, DEC 28 /--/ The benchmark Sensex today bounced back by over 195 points to close above the 26,000-level at 26.034.13 -nearly a month high -- on a host of factors, including value buying in beatendown blue-chips, amid thin year-end trading and a mixed global trend. The gains were driven by healthcare, auto and banking stocks and came ahead of the derivatives expiry later this week. The broader NSE Nifty too was back on top of the 7,900mark. Mood turned positive following a strong rally on value-buying in battered stocks and covering-up of pending short positions by speculators ahead of the futures and options expiry on Thursday. A stronger rupee, which flexed its muscles for the eighth straight day ag ainst the dollar, and a mixed trend in overseas markets, laid the groundwork for the upside. The volume of business was restricted though, as foreign funds and investors kept their portfolios limited in STOCK Company LTP CENTEXT INFOMEDIA SAMBANDAM SALORAINTL JINDCOT SURAJLTD EXCEL TIRUPATIINK SURYAJYOTI KREBSBIO PNC PECOS CORDSCABLE ROHITFERRO VIJSHAN AMDIND BIRLAMONEY MALLCOM SADHNANIQ BATLIBOI FIBERWEB MENONBE LOYAL EDUCOMP PWASML OMEAG EUROCERA EVERONN VLSFINANCE MEDICAPQ ASMTEC IVP JETKINGQ SURYALA HEXATRADEX RATHIBAR REXNORD JVLAGRO COMFINTE ASHAPURMIN CELEBRITY VIKRAMTH XPROINDIA TUBEINVEST GANESHHOUC MIC INDIANACRY NAVNETEDUL BENGALT VARDMNPOLY CENTENKA BLOOM SHBCLQ MANPASAND NAGREEKEXP HEALTHTECH NEOCORP SALSTEEL LOYALTEX PRESSMN LOTUSEYE CNIRESLTD VIMALOIL EKC DHOOTIN BEDMUTHA CSIL KUWERIN HBESD NETWORK18 KILBURNC SUPTANERY RASIELEC WSIND CENLUB BRAHMINFRA CHOKSI RAJPALAYAM RMMIL SUNDARAM TRANSCHEM MOLDTEK NOBLEXP MDINDUCTO BHANDHOS GULFPETRO KRYPTONQ NUTRA SURYACHAKRA RESPONIND MAFATIND WALLFORT MCDHOLDING NAHARPOLY MAXHEIGHTS CRANESSOFT VELHO APPLEFIN KEI HALDYNGL PODARPIGQ NIITLTD CREATIVEYE ISWL SPANDIAQ NILA CGVAK VIPPYSP BSLFEFS1RG INFODRIVE SRSFIN AJMERA DQE NAGPI GARNET UBHOLDINGS RSWM GUJNREDVR SMSPHARMA KDDL SHUBHRA RUCHISOYA RTSPOWR TARAPUR SUMEETINDS ORIBEVER RIBATEX GAINERS 2.82 7.26 93.00 54.65 10.87 57.70 32.15 6.31 14.97 149.70 25.55 67.05 54.45 6.80 12.22 34.35 29.60 182.20 27.85 27.85 23.95 75.80 19.45 16.80 30.35 9.95 3.69 35.15 48.05 36.90 173.30 127.10 59.30 135.90 21.30 10.09 59.95 22.75 1.20 79.85 16.17 85.20 60.45 446.60 129.00 26.00 9.54 97.55 75.60 54.45 205.80 33.10 27.40 486.60 38.95 42.40 33.30 3.41 568.10 61.85 26.38 6.96 56.95 17.14 48.20 16.77 13.90 9.92 9.93 61.90 32.95 5.59 16.26 11.36 22.75 20.00 51.75 371.60 1.51 3.44 19.75 385.40 14.49 52.10 59.95 79.05 17.96 356.90 3.46 100.30 344.20 86.10 30.60 53.40 79.90 2.65 6.70 2.80 114.70 41.30 172.50 105.85 5.40 3.24 96.20 18.33 43.90 32.45 11.01 0.28 36.50 184.80 29.00 33.55 14.30 29.75 365.00 2.78 132.00 351.10 11.21 30.00 56.25 7.39 13.13 119.80 23.05 NEW DELHI, DEC 28 /--/ Facebook founder Mark Zuckerberg today urged India to approve a controversial plan that would provide a free Inter net service to the poor, his latest bid amid an escalating row with authorities. The head of the social network tried to drum up support for the Free Basics service that offers people without the Internet free access to a handful of websites through mobile phones, in a column in English daily The Times of India. "If we accept that everyone deserves access to the Internet, then we must surely support free basic Internet services," the chief executive wrote, comparing the Inter net to a library, public health care and education. "Surprisingly, over the last year there`s been a big debate about this in India," Zuckerberg added. "Instead of wanting to give people free access to basic Internet services, critics of the programme continue to spread false claims -- even if that means leaving behind a billion people", he stated. Zuckerberg`s personal appeal comes amid fierce criticism from net neutrality activists who say his plan violates the principle that the whole Internet should be available to all and unrestricted by any one company. Earlier this month the Telecom Regulatory Authority of India (TRAI) ordered Reliance Communications, the sole mobile operator for the service, to suspend it temporarily without giving a reason, documents seen by news agency AFP show. Some 3.2 million people have petitioned India`s telecoms regulator not to ban Free Basics, formerly named Internet.org. It launched nationwide last month after being trialled in several states. Several prominent Indian entrepreneurs and members of the tech community have spoken out against Free Basics, arguing that even for poor citizens, no Internet is better than a hand-picked and corporate-controlled web offering. But in an attempt to counter claims "that this will make Internet more like a walled garden", Facebook has taken out billboards and full-page newspaper advertisements defending the initiative. QUOTATIONS Change %Change 0.47 1.21 15.50 9.10 1.81 9.60 5.35 1.05 2.49 24.90 4.25 11.15 9.05 1.13 2.03 5.70 4.90 29.90 4.45 4.45 3.80 11.95 3.00 2.57 4.50 1.44 0.52 4.85 6.60 4.85 21.30 15.35 6.95 15.70 2.45 1.14 6.70 2.50 0.13 8.40 1.70 8.90 6.30 46.50 13.30 2.60 0.93 9.50 7.35 5.25 19.80 3.15 2.60 46.10 3.60 3.90 3.05 0.31 51.60 5.60 2.39 0.63 5.15 1.55 4.35 1.51 1.25 0.89 0.89 5.55 2.95 0.50 1.45 1.00 2.00 1.75 4.50 32.00 0.13 0.29 1.65 32.10 1.20 4.30 4.95 6.45 1.46 28.90 0.28 8.10 27.60 6.90 2.45 4.25 6.35 0.21 0.53 0.22 8.90 3.20 13.20 8.05 0.41 0.24 7.10 1.35 3.20 2.35 0.79 0.02 2.60 13.10 2.05 2.35 1.00 2.05 25.00 0.19 9.00 23.80 0.75 2.00 3.75 0.49 0.87 7.90 1.45 view of an approaching yearend. The 30-share BSE barometer stayed in the positive space throughout and closed higher by 195.42 points, or 0.76 per cent, at 26,034.13 -- its highest closing since December 2. The gauge was down 11.59 points in the previous session on Thursday after an RBI report raised concerns over corporate vulnerability and bad loans of banks. The market was shut on Friday for Christmas. The 50-share NSE Nifty also retook the 7,900-level by jumping 64.10 points, or 0.82 per cent, to close at 7,925.15. Intra-day, it touched a high of 7,937.20. Dr Reddy's led the way in the Sensex pack, surging 3.52 per cent to close at Rs 3,116.35, followed by NTPC (3.38 per cent). Facebook CEO urges for free Internet in India 20.00 20.00 20.00 19.98 19.98 19.96 19.96 19.96 19.95 19.95 19.95 19.95 19.93 19.93 19.92 19.90 19.84 19.63 19.02 19.02 18.86 18.72 18.24 18.06 17.41 16.92 16.40 16.01 15.92 15.13 14.01 13.74 13.28 13.06 13.00 12.74 12.58 12.35 12.15 11.76 11.75 11.66 11.63 11.62 11.50 11.11 10.80 10.79 10.77 10.67 10.65 10.52 10.48 10.47 10.18 10.13 10.08 10.00 9.99 9.96 9.96 9.95 9.94 9.94 9.92 9.90 9.88 9.86 9.85 9.85 9.83 9.82 9.79 9.65 9.64 9.59 9.52 9.42 9.42 9.21 9.12 9.09 9.03 9.00 9.00 8.88 8.85 8.81 8.81 8.79 8.72 8.71 8.70 8.65 8.63 8.61 8.59 8.53 8.41 8.40 8.29 8.23 8.22 8.00 7.97 7.95 7.86 7.81 7.73 7.69 7.67 7.63 7.61 7.53 7.52 7.40 7.35 7.34 7.32 7.27 7.17 7.14 7.14 7.10 7.10 7.06 6.71 Company HDFCNIFETF BSLIMITED LANDMARC SFPIL HRGESSRG2 SEPOWER RISHDIGA iNIFTY NEIL UDAICEMENT KLIFESTYL SYNCOM KGL SWITCHTE CHANDRAP OASIS LALPATHLAB IMFA TRANSCOR SURANAIND MFLINDIA SUCROSA ECORECO LAMBODHARA BIRLAPREC GENESYS BANASFN PALRED OBIL ALMONDZ DILIGENT KEMROCK TYROON GARWARPOLY DUKEOFS NELCO CNOVAPETRO RMCHEM EMPEESUG MAANALU NETWORK UNRYLMA CHARMS GALAGEX JAGPRO BRIJLEAS CHOKSILA EON CAPFIN RAMANEWS ORISSASP SUDAI SIBARAUT MANGALAM SLSTLQ MACPLASQ SOURCEIND SRMCL CUBEXTUB SAENTER MARVEL INDSUCR KANELIND HINFLUR SIPL TREEHOUSE AGRITECH KANPRPLA BACPHAR 1STCUS INDOVATION FENOPLAS ACCURATE POLYLINK CALSOFT CMMHOSP STRGRENWO RAVINDT RJKMRFR JAINCO MONNETIN GTEIT KRISHNACAP INTELLCAP HBLEAS USHAKIRA PREMIERPOL SHRENUJ GAGAN WWLEATH GLOBAL AMTL KLKELEC ADVNCMIC SRPML BIRLATR REGENCERAM PARRYSUGAR MIVENMACH RAJAGRO SUNCITYSY RASRESOR ARVINDREM OMNITECH REALSTR SPCAPIT PRAKASHCON CAPRO GRCABLE PRIMAIN GORANIN GLXYENT WARNER ERAINFRA TRIDETOOL PACIFICI SWORDEDGE MALTC KIDUJA SHREDIGCEM ATHARVENT SHAHFOOD MEDINOV NIMBUSI POLYTEX HINDWRS SATRAPROP LTP Change %Change LOSERS 630.00 -140.00 28.05 -3.95 0.67 -0.08 32.25 -3.85 11.39 -1.26 6.25 -0.69 17.75 -1.90 85.40 -8.60 37.15 -3.60 13.59 -1.28 0.32 -0.03 10.79 -0.93 2.27 -0.19 93.50 -7.40 15.20 -1.15 49.00 -3.70 833.35 -60.30 141.20 -10.10 56.00 -4.00 7.18 -0.51 0.73 -0.05 42.35 -2.90 40.25 -2.75 218.90 -14.10 3.27 -0.21 85.85 -5.45 1.45 -0.09 118.10 -7.20 17.05 -1.00 10.10 -0.59 17.45 -1.00 22.15 -1.25 67.60 -3.80 130.50 -7.20 51.95 -2.85 117.70 -6.40 29.50 -1.60 141.00 -7.60 5.21 -0.28 28.30 -1.50 6.84 -0.36 12.35 -0.65 1.90 -0.10 19.95 -1.05 0.19 -0.01 0.19 -0.01 14.48 -0.76 82.85 -4.35 11.62 -0.61 27.07 -1.42 263.10 -13.80 9.55 -0.50 6.87 -0.36 227.20 -11.90 25.75 -1.35 234.70 -12.30 11.29 -0.59 16.25 -0.85 17.22 -0.90 7.65 -0.40 3.44 -0.18 7.28 -0.38 6.14 -0.32 6.33 -0.33 14.40 -0.75 186.20 -9.70 8.65 -0.45 193.90 -10.10 5.18 -0.27 8.46 -0.44 59.70 -3.10 47.10 -2.45 22.15 -1.15 8.08 -0.42 11.54 -0.60 14.45 -0.75 6.37 -0.33 21.25 -1.10 23.20 -1.20 4.25 -0.22 29.95 -1.55 5.80 -0.30 5.99 -0.31 75.50 -3.90 2.13 -0.11 5.42 -0.28 29.05 -1.50 15.50 -0.80 8.53 -0.44 6.20 -0.32 2.13 -0.11 32.95 -1.70 10.45 -0.54 9.50 -0.49 6.80 -0.35 17.50 -0.90 3.89 -0.20 30.20 -1.55 5.85 -0.30 5.26 -0.27 7.02 -0.36 24.40 -1.25 5.67 -0.29 3.52 -0.18 15.70 -0.80 24.50 -1.25 3.92 -0.20 6.29 -0.32 0.59 -0.03 8.85 -0.45 11.00 -0.56 25.60 -1.30 1.38 -0.07 3.75 -0.19 15.80 -0.80 148.50 -7.50 2.77 -0.14 3.97 -0.20 15.85 -0.80 18.90 -0.95 4.57 -0.23 45.80 -2.30 42.85 -2.15 3.98 -0.20 4.79 -0.24 40.00 -2.00 5.60 -0.28 -18.18 -12.34 -10.67 -10.66 -9.96 -9.94 -9.67 -9.15 -8.83 -8.61 -8.57 -7.94 -7.72 -7.33 -7.03 -7.02 -6.75 -6.68 -6.67 -6.63 -6.41 -6.41 -6.40 -6.05 -6.03 -5.97 -5.84 -5.75 -5.54 -5.52 -5.42 -5.34 -5.32 -5.23 -5.20 -5.16 -5.14 -5.11 -5.10 -5.03 -5.00 -5.00 -5.00 -5.00 -5.00 -5.00 -4.99 -4.99 -4.99 -4.98 -4.98 -4.98 -4.98 -4.98 -4.98 -4.98 -4.97 -4.97 -4.97 -4.97 -4.97 -4.96 -4.95 -4.95 -4.95 -4.95 -4.95 -4.95 -4.95 -4.94 -4.94 -4.94 -4.94 -4.94 -4.94 -4.93 -4.93 -4.92 -4.92 -4.92 -4.92 -4.92 -4.92 -4.91 -4.91 -4.91 -4.91 -4.91 -4.91 -4.91 -4.91 -4.91 -4.91 -4.90 -4.90 -4.89 -4.89 -4.88 -4.88 -4.88 -4.88 -4.87 -4.87 -4.86 -4.85 -4.85 -4.85 -4.84 -4.84 -4.84 -4.84 -4.83 -4.83 -4.82 -4.82 -4.81 -4.81 -4.80 -4.80 -4.79 -4.79 -4.78 -4.78 -4.78 -4.77 -4.76 -4.76 Minister of State for Petroleum and Natural Gas (Independent Charge), Dharmendra Pradhan dedicated the “Crude Distillation Unit” to the Nation, at a function, in Mumbai. Maharashtra CM Devendra Fadanavis, the Secretary, Ministry of Petroleum and Natural Gas, K.D. Tripathi and other dignitaries are also seen.––PIB L&T Infotech plans to raise over Rs 2,000 cr via IPO MUMBAI, DEC 28 /--/ L&T Infotech is looking to raise over Rs 2,000 crore through IPO in the fourth quarter of the current fiscal to fund its expansion plans. The company is planning an over Rs 2,000 crore initial public offering (IPO) in the last quarter of 2015-16, and the proceeds will be used to fund its future growth plans, a company official told news agency PTI here. L&T Infotech, a subsidiary of engineering & construction major Larsen & Toubro, figures among India's top 10 IT service providers. The company Reliance Jio to begin commercial roll out in coming weeks MUMBAI, DEC 28 /--/ After a star-studded launch, billionaire Mukesh Ambani will begin the commercial roll out of the telecom venture Reliance Jio in the coming weeks. Reliance Industries had on Sunday announced the launch of 4G service for its employees under the Jio brand name. At the event, which brought Ambani's twin children Akash and Isha to the centre stage for the first time, he said "Jio is not about technical brute force but to re-imagine how to do things better." "Why Jio? Because life is going digital", Ambani said setting a target of 100 million customers in first year. The event featured Reliance Jio's brand ambassador and bollywood superstar Shah Rukh Khan as well as music director A R Rahman perform. "Jio is not just 4G, it is an ecosystem that will prepare the future generation for the world", said Nita Ambani, wife of Mukesh Ambani. Akash Ambani said: "When Isha and I decided to return from the US, we were just following the footsteps of our father who returned from the US and our grandfather who returned from Aden." READ EOI had filed a draft red herring prospectus with the Securities and Exchange Board of India (Sebi) for IPO in September. "The issue comprises an offer for sale of up to 1.75 crore equity shares of the face value Re 1 each by Larsen & Toubro," it had said in a filing. The IT firm, which clocked revenue of Rs 5,070 crore in FY 2015, is looking for strategic acquisition opportunities in relation to its IMS business, said the official without divulging much due to regulatory considerations. The company's revenues in FY15 from continuing operations from North America and Europe constituted 68.6 per cent and 17.9 per cent, respectively. It is currently looking to pursue strategic acquisitions in Germany and France to enhance capabilities and address gaps in language capability, industry & technical expertise and geographic coverage in these countries. L&T Infotech was named as one of the 'Star Performers' and 'Major Contenders' in Everest Group's PEAK Matrix Assessment 2015 for global insurance service provider. 9 SpiceJet to purchase new aircrafts this fiscal NEW DELHI, DEC 28 /--/ Budget carrier SpiceJet plans to order new aircraft for its fleet during this fiscal and chairman Ajay Singh today underlined the importance of ensuring that aircraft were purchased in "an optimal manner". "These orders will stay with SpiceJet for 10-15 years and we must put our best foot forward and make sure we buy these planes in an optimal manner," Singh told newspersons after the company's annual general meeting her e. "We hope that we can do it in this financial year. It is important to get it right. It is not important whether you do it in one or two months. Let's get it right," he said. Explaining that the response to RFP (Request for Proposal) for new planes is being evaluated, The SpiceJet chairman said: "We will take the best decision in the interest of the company." "We need to find the cheapest way of financing SpiceJet. This time, I don't think equity dilution is the best way to do it. We will look at other options," he added. SpiceJet currently has 41 aircraft in its fleet, including 25 Boeing 737s, 14 Bombardier Q400s and two leased Airbus 320s. The company posted a net profit for the third consecutive quarter last month at Rs 23.77 crore on the back of a steep fall in fuel costs and other expenses. Also in November, the Competition Commission of India imposed penalties on SpiceJet, alongwith on Jet Airways and InterGlobe Aviation, which is the mother company of low-cost carrier IndiGo, for indulging in anti-competitive practices. The fair business practices regulator imposed penalties totalling Rs 258 crore on three airlines which were found to have acted in a concerted manner to fix and revise fuel surcharge (FSC) prices for transporting cargo. Gautam Adani’s son takes over as CEO of APSEZ NEW DELHI, DEC 28 /--/ Karan Adani, son of Adani Group chairman Gautam Adani, has been appointed as the CEO of Adani Ports and SEZ (APSEZ) with effect from January 1, 2016. K aran will take over the top job from outgoing CEO Sudipta Bhattacharya, who is moving to the US as the CEO for North America, APSEZ said in a regulatory filing. The Board has accepted the "resignation of Bhattacharya TENDER ID : 2015_WBPWD_62251_1 as the CEO of APSEZ with effect from December 31, 2015", it added. It also approved the "appointment of Karan, executive director (nonboard position) as CEO of the company with effect from January 1, 2016," the filing said. Karan, who looks after strategic development of Adani ports across India, has been involved in mana ging various port operations for the firm since 2009. "He aims to build the NIQ/ 09/ BD-I/ 2015-2016 e –Tender is invited by the Executive Engineer, North 24 Parganas Electrical Division, P.W. Dte. Govt. of West Bengal, for the work :- Special Repairing to E.I. works towards modernisation of Bongaon Treasury office, North 24 Parganas. Bid Proposal submission end date:- 04.01.2016 up to 05:00PM. The detail of this tender can be obtained from the following website:https://wbtenders.gov.in Offline tender of Executive Engineer, Berhampore Division-I, PHEDte. Name of work Engagement of Computer operator/ Data Entry Operator Sl No. 1 & Sl No. 2 Last date of application 07.01.2016 upto 2.00 PM. Visit www.wbphed.gov.in for details. Sd/EE, BD-I, PHED. NOTICE INVITING e-TENDER TENDER NO WBPWD/SE/SEC/ NIT-09/2015-2016 E –Tender (online) is invited by the Superintending Engineer, Southern Electrical Circle, P.W. Dte. Kolkata-59 for the Works- Electrification of the Administrative Building/ Block student’s hostel of the PGGIPE—Rewiring of the entire administrative block and existing class room of PGGIPE, Banipur,N 24 pgs. AMOUNTING-11,71,518.00. Bid Proposal submission end date:11.01.2016 up to 05 p.m. Details information will be available from this office and also in website: http:// etender.wb.nic.in. Notice inviting e-Quotation Tender Ref. No.: WBPWD/EE/ NKHED/NIQ-106 /2015-16 Tender Id : 2015_PWDE_62493_1 The Executive Engineer, North Kolkata Health Electrical Division, PWDte., KIT BuildingAnnex, 4th Floor, India Exch. Place Extn., Kolkata –700073, invites e-Tender for the work “ Repair and renovation work of the component section of the central blood bank at the IBTM&IH,Kolkata. - SITC of Airconditioning at ground floor.” Document Download End Date 04/01/15 12:00 Noon. Details information will be available in the web site https://wbtenders.gov.in.& above office. Group's identity around an integrated logistics business model, backed by his sound understanding of new processes, systems and macro-economic issues", the filing said. He is an economics graduate from Purdue University, the USA. Bhattacharya, in his new role, will be responsible for driving the significant emerging opportunities between India and the US, it said. Shares of APSEZ were up 0.81 per cent to Rs 260.60 apiece in the afternoon trade at the BSE. Notice inviting e-Quotation Tender Ref. No.: WBPWD/EEII/NKHED/NIT-34 /2nd Call / 2015-16 Tender Id : 2015_PWDE_62526_1 The Executive Engineer-II, North Kolkata Health Electrical Division, PW Dte., KIT Building Annex, 4th Floor, India Exch. Place Extn., Kolkata –700073, invites e-Tender for the work “ Renovation of E.I. Work incl. Air-conditioning and fire detection system at MTP OT (ground floor) of Eden Building at MC&H, Kolkata --- E.I. Work.” Document Download End Date 11/01/16 12:00 Noon. Details information will be available in the web site https:// wbtenders.gov.in.& above office. Notice inviting e-Quotation Tender Ref. No.: WBPWD/EE/ NKHED/NIQ-107/2015-16 Tender Id : 2015_PWDE_62502_1 The Executive Engineer, North Kolkata Health Electrical Division, PWDte., KIT Building Annex, 4th Floor, India Exch. Place Extn., Kolkata –700073, invites e-Tender for the work “ Construction of 8 storied Trauma Care Centre at R G Kar- Repairing /modernisation Renovation up Gradition BedCum Passenger Lifts (IBJEE make) at Dr. B.C. Roy Casualty Block Lift no.-7 (G+7)” Document Download End Date 11/ 01/16 12:00Noon. Details information will be available in the web site https:// wbtenders.gov.in.& above office. GOVERNMENT OF WEST BENGAL Water Resources Development Directorate, Office of the Assistant Engineer (Agri-Irrign), Habra (Agri-Irrign) Sub-Division, Deshbandhu Park, Habra, North 24 Parganas. Notice Inviting Tender No. : 09 of 2015-16 of the Assistant Engineer (Agri-Irrigation), Habra (Agri-Irrigation) Sub-Division For Supply of Gravel at Betpul (51/T) D.T.W. under Habra-I Block are invited from bonafide & resourceful contractor having experience in the respective field. Last date of application :- 05.01.2016 up to 2.00 P.M. Other details will be seen from the office of the undersigned on any working days. Sd/- (Rajib Saha Roy) Assistant Engineer (A-I) Habra (A-I) Sub-Division, Habra, North 24 Pgs.