The Business Capsule 30thOctober 2010

4th issue

TOP NEWS
Ratan Tata Donates $50 Million to Harvard Business School
Ratan Tata, Chairman of Tata Sons announced $50 million gift to Harvard Business School, Boston through their philanthropic
arm – the Sir Dorabji Tata Trust and the Tata Education and Development Trust.“The money, the largest from an international
donor in the School’s 102-year history, will fund a new academic and residential building on the HBS campus in Boston for
participants in the School’s broad portfolio of Executive Education programs. The School hopes to break ground for the
building, which will be named Tata Hall, next spring.”

Indian firm to buy EPL team

Many Indian billionaires may have nurtured a dream of buying a team in the English Premier League (EPL) soccer, but a dark
horse has emerged in the form of the VH group, better known as the people behind the Venky’s chicken. The group, a Rs 1300-
crore sales conglomerate is in the final stages of talks to acquire Blackburn Rovers.The group that supplies chicken to
multinationals such as McDonald’s, Kentucky Fried Chicken and Domino’s Pizza, aims to buy a majority stake in the English
team for 40 million British pounds (R280 crore)In a statement on Tuesday John Williams, chairman of Blackburn said, “Both
parties are hopeful the transaction will be completed by November.”

SEBI DOUBLE CAP FOR RETAIL BUYERS IN IPOs TO RS 2L

In a series of regulatory changes on Monday, the Securities and Exchange Board of India (Sebi), tightened preferential allotment
rules for promoters and paved the way for initial public offers (IPOs) of life insurers while allowing retail investors to apply for
as much as Rs 2 lakh worth of shares in any issue.

Bharti, Aircel keen to buy Qualcomm biz

Bharti Airtel and Aircel Cellular are interested in buying the yet-to-be-launched Indian wireless broadband business of
Qualcomm, industry executives said, an indication that the scales are tilting in favour of the wireless technology being
championed by the US-based cellphone chip maker. Bharti Airtel, India’s largest mobile phone company, is primarily interested
in Qualcomm’s airwaves and permits for Delhi, complementing the 3G frequencies it won in the circle earlier this year, the
executives said. Aircel, a unit of Malaysia’s Maxis Communications and the country’s seventh-biggest operator, has shown
interest in the Mumbai and Kerala circles.

Apple takes fourth place in worldwide phone sales

“PC guys are not going to just figure this out. They’re not going to just walk in.” So said former Palm CEO Ed Colligan back in
2006, when asked about Apple’s chances in the smartphone market. But four years later, not only has Palm been subsumed into
the gaping maw of HP—with Colligan himself long gone—but Apple’s flying up the charts. On Thursday, market research firm
IDC released its latest data on the worldwide phone market for the third quarter of 2010 and Apple now holds fourth place in
terms of sales.

Reliance posts record profit on higher margins

Energy major Reliance Industries posted record profit for the September quarter, beating estimates, bolstered by higher gas
output from its field off India's east coast and improved refining margins.The conglomerate, India's largest listed company, has
been investing overseas in shale gas assets and has been looking to widen its businesses beyond petrochemicals, refining, oil and
natural gas exploration, and retail. "Improved refining margins and high operating rates at all our manufacturing facilities led to a
record quarter," Chairman Mukesh Ambani said in a statement.

Samsung, Sony book profits but wary of road ahead

Three of the world's biggest names in electronics — Samsung, Sony and Panasonic — are bracing for weaker global demand and
a rocky road even as they reported stellar quarterly profits Friday.South Korea's Samsung Electronics Co. booked a record net
profit for the third straight quarter. Japanese rival Sony Corp. climbed back to the black. Panasonic Corp.'s net profit surged more
than fivefold.

The results underscore how major Asian manufacturers have benefited from a recovering global economy and government
stimulus measures that boosted consumer spending. But with that recovery now in doubt in key overseas markets like the U.S.,
companies are preparing for a tougher fight for customers and with each other. Rising currencies in Asia also cloud their
outlooks.

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 The Business Capsule 30thOctober 2010
4th issue

NATIONAL STOCK EXCHANGE CLOSING INDEX PRICES (18-OCT-29 OCT)

CHART

NSE CLOSING CTOCK PRICES

Adj Close

6120
6100
6080 6075.95
6060
6040 6017.7

6020
6000
5980
5960
5940
5920
18-Oct 19-Oct 20-Oct 21-Oct 22-Oct 23-Oct 24-Oct 25-Oct 26-Oct 27-Oct 28-Oct 29-Oct

BSE CLOSING STOCK PRICES

Adj Close

20400
20300
20200
20168.89
20100 20032.34
20000
19900
19800
19700
19600
18-Oct 19-Oct 20-Oct 21-Oct 22-Oct 23-Oct 24-Oct 25-Oct 26-Oct 27-Oct 28-Oct 29-Oct

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 The Business Capsule 30thOctober 2010
4th issue
THE QUIZ

Q1) Identify the logo?

A) Yamaha
B) wella
C) Labatt
D) Renault

Q2) The first women to climb Mount Everest twice?

A) Rita Faria
B) Santosh Yadav
C) Annie Besant
D) Leela Seth

Q3) Identify the logo?

A) Indian Airline
B) British Airways
C) Malaysa Air
D) Buena Vista

Q4) The slogan ‘what you dream’ is associated with company?

A) Sony
B) Suzuki
C) Phillips
D) Honda

Q5) Which is not a private Indian Bank?

A) ICICI Bank
B) HDFC
C) UCO
D) IDBI

Answers of last quiz

1. C, 2.A, 3.D, 4.A, 5.A

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 The Business Capsule 30thOctober 2010
4th issue
Send the correct answers at mitsobbcapsule@gmail.com.the first three to give the correct answers will be shortlisted for the
monthly complimentary prize;. Plz don’t forget to write your name, sec, and roll. No. with the answers.

THE INDIAN BUSINESS ICON

Azim Hashim Premji

Born: July 24, 1945, Azim Hashim Premji was studying Electrical Engineering from Stanford University, USA when due to the
sudden demise of his father; he was called upon to handle the family business. Azim Premji took over the reins of family
business in 1966 at the age of 21.

At the first annual general meeting of the company attended by Azim Premji, a shareholder doubted Premji's ability to handle
business at such a young age and publicly advised him to sell his shareholding and give it to a more mature management. This
spurred Azim Premji and made him all the more determined to
make Wipro a success story. When Azim Premji occupied the
hot seat, Wipro dealt in hydrogenated cooking fats and later
diversified to bakery fats, ethnic ingredient based toiletries, hair
care soaps, baby toiletries, lighting products and hydraulic
cylinders. Thereafter Premji made a focused shift from soaps to
software. Under Azim Premji's leadership Wipro has
metamorphosed from an Rs.70 million companies in
hydrogenated cooking fats to a pioneer in providing integrated
business, technology and process solutions on a global delivery
platform.Today, Wipro Technologies is the largest independent
R&D service provider in the world.
Achievements: Chairman of Wipro Technologies; Richest
Indian for the past several years; Honored with Padma Bhushan
in 2005. Azim Premji is Chairman of Wipro Technologies, one
of the largest software companies in India. In 2000, Asia week
magazine, voted Premji among the 20 most powerful men in
the world. Azim Premji was among the 50 richest people in the world from 2001 to 2003 listed by Forbes. In April 2004, Times
Magazine rated him among the 100 most influential people in the world by Time magazine. He is also the richest Indian for the
past several years. In 2005, Government of India honored Azim Premji with Padma Bhushan.

Sources-www.yahoo.finance.com, www.rediff.business.com, www.wikipedia.com www.indiabiznews.com. The economics

times, business standard, the economist.

Editorial Team-Aditya Panch, Devashish Roy, Jakra beg, Bipin Bhardwaj, Lionel Maain, Chandan Mishra, Saket Suman, Sweta
kumari.

Under the guidance of: Prof Avinash Deshpande

We will be more than happy to receive the feedback and contributions from our readers regarding this e-publication. We
welcome your feedback at mitsobbcapsule@gmail.com

May this deepawali brings lots of joy and happiness in our life. Happy deepawali