If you are into IT/Software Sector or say in any sector and can bring overseas contracts (or any domestic business related to the software sector), with a stress on Digital Marketing/Content Writing/Website Development/Reputation Management/SEO/SMM, etc, then you can join me as a partner or associate.
We will give you, the business development portfolio and pay you handsome amounts for your efforts. It does not matter, in which part of the world you are, as long as you can bring businesses. If you are interested, please send me at mail at: suman2005s@rediffmail.com.

Tuesday, May 14, 2013

Central Bank: Ready To Move Up
Established in 1911, Central Bank of India was the first Indian commercial bank which was wholly owned and managed by Indians. The establishment of the Bank was the ultimate realisation of the dream of Sir Sorabji Pochkhanawala, founder of the Bank. Sir Pherozesha Mehta was the first Chairman of a truly 'Swadeshi Bank'. In fact, such was the extent of pride felt by Sir Sorabji Pochkhanawala that he proclaimed Central Bank of India as the 'property of the nation and the country's asset'. He also added that 'Central Bank of India lives on people's faith and regards itself as the people's own bank'. During the past 99 years of history the Bank has weathered many storms and faced many challenges. The Bank could successfully transform every threat into business opportunity and excelled over its peers in the Banking industry.
Shareholding Pattern: The promoters hold 85.31% while the general public holds 14.69%. Among th general public FIIs hold 1.73%, while DIIs hold 7.65%.
Financials: (i) The Audited results for the Quarter ended March 31, 2013: The Bank has posted a net profit of Rs.1691.50 million for the quarter ended March 31, 2013 as compared to net loss of Rs.(1052.30) million for the quarter ended March 31, 2012. Total Income has increased from Rs.53717.50 million for the quarter ended March 31, 2012 to Rs.64035.70 million for the quarter ended March 31, 2013.
(ii) The Audited results for the Year ended March 31, 2013: The Bank has posted a net profit of Rs.10149.60 million for the year ended March 31, 2013 as compared to Rs.5330.40 million for the year ended March 31, 2012. Total Income has increased from Rs.205448.00 million for the year ended March 31, 2012 to Rs.235279.80 million for the year ended March 31, 2013.
For FY13, Central Bank of India Ltd posted an EPS of Rs.11.24 as against Rs.5.95 in the same period previous year. This gives a natural target of Rs.95, for the scrip in the short term after giving suitable discounting.