After getting you fresh products and making grocery shopping in India a fashionable upmarket event, now Reliance Retail is all set to take you places with its latest entry into travel and tourism space. According to sources, Reliance Retail has forayed into the travel and tourism services segment with its new format Reliance Travel. Reliance Travels will offer travel services to both companies and individuals and services for family holiday and corporate packages. Besides all this Reliance Travel also has plans of other forex travel linked products like visa and travel insurance. It also has plans to provide ticketing for rail, air and cruise ships apart from hotel bookings, both domestic and international. The travel and tourism industry is fragmented and localised but there are some national players such as Cox and Kings and Raj Travels. The domestic travel space is growing at roughly 20 per cent while overseas travel at an even healthier 22 per cent. Though the Indian travel and tourism segment is largely fragmented and localized, the large corporate players entering the segment will not really matter because it is the personal touch of the smaller players that matter the most.

U.S.-based company that specializes in image-analysis and pattern-recognition technology has set its sights on the

. The Boulder-based company recently introduced its universal check-recognition and verification software, CheckPlus International, to banks and other payment processors for use in India. The software that the company has made available for use in India is essentially an updated version of CheckPlus International, which the company developed from the original CheckPlus software. Designed for use among banks, financial institutions and payment processors, CheckPlus enables efficient processing of digitized check images and makes sense of the data found on checks, according to Yuri Prizemin, Parascript’’s director of product marketing.

 Pyramid Saimira Theatre Ltd has informed that the Board of Directors of the Company at its adjourned meeting held on January 17, 2008, has discussed certain proposals to raise additional funds for the Company and decided on the following proposals:
1. To rise additional funds through FCCB / GDR / ADR up to USD 400 millions.
2. To issue up to 1, 00, 00,000 convertible warrants to promoters / promoters group.
The Board also decided to seek the approval of the shareholders by convening an Extra Ordinary General Meeting for the above proposals.

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Buy Tata Tele (Mah) share at current market price of  Rs.41 for three month target of  Rs.50. They reported excellent result in last ended quartet. Tata Tele (Mah) company is the best position at present in the market.

Tata Teleservices Maharastra Ltd has informed BSE that Finance Committee has accepted allotment of  1,51,58,152 Share for price of Rs.10 each to the shareholders, Investors who have right  to convert FCCBs Share. Share have allotted and issued at primary price of Rs.14.49 every Equity Share, according to terms and condition of FCCB issue.   

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The Indian rupee slipped  its lowest points since the last two weeks on Wednesday. Some Asian Currencies also slipped same as rupee, against dollar.

Partially exchangeable rupee was 39.85/86 on Monday’s close while it was 39.86 for each Dollar at 9:40 on Wednesday. Indian Markets were closed on October 2, 2007 for National holiday. Previous week Indian rupee increased till 39.62 to touch a new peak of success first time after April 1998.

Investors said they will analysis of Share Market to find direction of  Indian Rupee. Direction of rupee depends on investment. Investment Flows has increased over than 11% current financial year. The Stock Market Index made new records in last some trading days. Foreigners bought more than 3.6 billion dollar during the last some trading days of September by the sources, after a cut in interest rates of American Bank.

Data shows that in the first seventh months of financial year 2007 the Central Bank spent 38.1 billion dollar to test the rupee therefore traders are alert about provoking the central bank.  

The current market price of  Rs.43 for two month target of Rs.52.They are reported profit and loss  to be congume by net loss target price.After one month are improve  stock market price this company.

They are remembered net profit rose 275.00% to Rs.0.15 for last quarter ended June2007 as compared Rs.0.04 the during previous in last quarter ended of june 2006.