Companies & Sectors
MCX-SX appoints GK Pillai as chairman, Thomas Mathew as vice chairman

SEBI approved the appointments of former home secretary GK Pillai as chairman and Thomas Mathew as vice-chairman of MCX-SX

MCX Stock Exchange Ltd (MCX-SX), the newest stock exchange in India said, it appointed former home secretary Gopal Krishna (GK) Pillai as its chairman and Thomas Mathew T as its vice-chairman.

 

In a release, MCX-SX said markets regulator Securities and Exchange Board of India (SEBI) approved both the appointments.

 

Pillai was in the Indian Administrative Service (IAS) and retired as Home Secretary to the Government of India. Mathew Thomas worked in the insurance industry for 36 years and retired as current-in-charge chairman of Life Insurance Corporation of India (LIC). Last month Mathew was appointed as public interest director on MCX-SX board by SEBI.

 

MCX-SX was set up by Jignesh Shah-led Financial Technologies group, which has also promoted National Spot Exchange Ltd (NSEL) and commodity bourse MCX, among others.

 

Following the resignation of Joseph Massey, the stock exchange is also looking out for a new managing director and chief executive.

 

MCX-SX is the country’s newest stock exchange and began operations in currency derivatives segment from October 2008, while it commenced operations in capital markets trading in February 2013.

User

COMMENTS

R Balakrishnan

3 years ago

Jignes Bhai always finds retired govt bureaucrats.. Probably those folks are used to obeying orders...

Cyclicals like Cairn, Hindustan Zinc, Coal India and BHEL will outperform, says Credit Suisse

Credit Suisse, based on past data, feels that cyclicals are due to outperform defensives and have suggested stocks like Cairn India, BHEL, Coal India and Hindustan Zinc which are undervalued

Credit Suisse is bullish on cyclicals over defensives as the former has outperformed the latter by 14.3% since July. The note said, “We continue to suggest a switch out of expensive defensives like ITC (350% premium) into cyclicals”. Concurrently, they feel that Cairn India, BHEL, Coal India and Hindustan Zinc are undervalued.


Based on several upgrades of cyclicals, Credit Suisse feels that it is right time to invest in them. The note said, “In October, tech, energy, consumer cyclicals and materials were associated with upgrades of 4.1%, 0.7%, 0.4% and 0.3%, respectively, with only Industrials associated with a 1.1% downgrade to 2013E Consensus EPS. In contrast, all three defensive sectors were associated with downgrades –utilities (-1.5%), consumer staples (-0.5%) and telcos (-0.1%).” However, like most analysis, this is based on what has already happened.
 

The valuation gap between cyclicals and defensives grew between July and October, indicating that investors have already switched. The note said, “(the) cyclicals-defensives price-to-book gap in India of -4.5x is the biggest in the region and compares with -3.1x during the 2008 lows.” However, the earnings season is not yet fully done, so it would be premature to comment on valuations fully. Credit Suisse believes that EPS upgrades are due. The note said, “In addition to valuations, we believe EPS revisions support further gains in cyclicals versus defensives.”
 

It remains unclear why Credit Suisse has singled out ITC amongst defensives. The note said, “We continue to suggest investors switch out of expensive defensives such as ITC associated with consensus EPS downgrades.”

User

How to buy the best mobile this Diwali?

Buying a mobile handset is not rocket science. A little adjustment in the budget and preferences will help you get the best deal, not just this Diwali, but at every shopping opportunity

So you have finally decided to gift yourself a brand new mobile this Diwali. However, with so many offers and thousands of handset models to choose from, you are finding it difficult to zero in on something within your budget that still gives you all the latest features possible. Well, you are at the right place to make your decision.

 

Buying mobile, especially a smart phone, requires a focus on two important things: your budget and the features you consider a 'must-have' in your new mobile. I have used and tested numerous mobiles from all major handset makers, as well as the Chinese manufacturers and I can say with some confidence that if you are willing to make little compromise on price or features you can often get the best deal. For example, if you do not use the camera feature of your mobile very often, then what is the point in wanting to buy a phone with a 13-megapixel camera with full HD recording features? Moreover, pictures taken with a 5MP or 8MP camera are also pretty good, especially for causal photography and keepsakes. 

 

Now, let me tell you something about free offers. These are mostly misleading. A very big player in electronics market offers freebies worth Rs1,000, Rs2,000 and Rs3,000 on the purchase of mobile handsets costing less than Rs10,000, costing between Rs10,001 to Rs20,000 and those above Rs20,000 onwards, respectively. However, you will invariably find that these offers are only on specific handsets, not the one you wish to buy. There are no offers on a Micromax, Karbonn or other domestic mobile handsets in this big shop.

 

Also, don't get lured by the flip cover offer. Two things to remember: the price shown in ads is always on the higher side and the same flip cover can be bought 60-70% cheaper from a small shop or even from roadside stalls. One of my friends was so happy to have bought flip cover at Rs1,100 against the standard quoted price of Rs2,500. However, the same cover is available for as cheap as Rs300 in smaller shops. So, instead, ask the shopkeeper to give you discount of the same amount (most will refuse, though, but someone might be ready).

 

Here are some guidelines that would help you to make a decision.
 

Price range: Rs1,000 to Rs5,000

Features available (depending on brand): Single/double SIM, FM, Camera, Torch

 

Tip: Buy a budget phone not for its 'touch screen' feature but for its simplicity and ease of use. Don’t fall prey for 'budget' smart phone in this price range, as these handsets are mostly very slow and often comes with old operating system without any hope for future updates.

 

Model                                                Estd Price*                  Unique Selling Point (USP)

Basic phone

Model

Price*

Unique Selling Point (USP)

Samsung Guru 1200

Rs1,050

8-hrs talk time, Torch

Nokia 105

Rs1,165

12-hrs talk time, Torch, 3.5mm audio jack

Karbonn K101

Rs950

Dual SIM, Mobile Tracker, Torch

Micromax Bolt X088

Rs1029

Dual SIM, Email, Music, Video, FM (recording)

iBall Aasaan

Rs2,724

Best for senior citizens, but pricey


Feature phone

Model

Price*

Unique Selling Point (USP)

Samsung Metro E2202

Rs2,290

Dual SIM, Email, Music, Video, FM

Nokia 114

Rs2,599

Dual SIM, Email, Music, Video, FM (recording)

Karbonn K75

Rs2,640

Dual SIM, 3.5” touch screen, Music, Video, FM


Smartphone

Model

Price*

Unique Selling Point (USP)

Samsung Galaxy Star

Rs4,599

Dual SIM, Android, Touch screen, Multimedia

Nokia Asha 501

Rs4,649

Dual SIM, 3.2MP, Touch screen, Multimedia

Nokia Asha 210

Rs4,699

Dual SIM, QWERTY keypad, Multimedia, Email

Karbonn Smart A2+

Rs4,650

Dual SIM, Android, 4” Touch screen, Wi-Fi


Price Range: Rs5,001 to Rs10,000

Features available: Touch screen, Single/Dual SIM (dual standby), email, better camera, wide screens

 

Tip: There are some very good and feature-rich phones available in this range. However, buy only if you are a first time user. Don't be under the illusion that bigger screen is better, although. Check the colours, resolution and readability in day-light of all these big screen handsets. Also keep an eye on RAM for Android mobiles. Here bigger is better.

 

Feature phone

Model

Price*

Unique Selling Point (USP)

Nokia 301

Rs5,399

Dual SIM, 3.2MP, Email, Series 40 OS

Samsung Primo S5610

Rs5,500

5MP, Email, Multimedia


Smartphone

Model

Price*

Unique Selling Point (USP)

Karbonn A11+

Rs5,299

Dual SIM, Android 4, 4.7” screen, 3.2MP

Nokia C5-05

Rs6,199

Symbian 9.4, 3.2” screen, 2MP, Multimedia

Byond Phablet PIII

Rs7,425

6” screen, 8MP, Dual SIM, Android 4.1.1

Nokia Lumia 510

Rs7,599

Win 7.5 OS, 4” screen, 5MP, Multimedia

Sony Xperia E

Rs6,999

3.5” screen, 3.2MP, Multimedia, Android 4.1

BlackBerry Curve 8530

Rs8,490

CDMA, 3G, 2MP, QWERTY, 2.5” screen, BB5 OS

Nokia Lumia 520

Rs8,149

4” IPS screen, 5MP, Win 8 OS, HD recording

Karbonn S5 Titanium

Rs9,850

5” qHD IPS, 8MP, 1.2GHz QC, 1GB RAM

Samsung Trend S7392

Rs7,999

4” Touch screen, Android JB, 3MP, Wi-Fi

 

Price Range: Rs10,001 to Rs15,000

Features available: Touch screen, Single/Dual SIM (dual standby), email, better camera, good quality screens, Decent RAM

 

Tip: This range is also suitable for first time users and those who want to go in for second device. Some of the biggies like Samsung, Nokia, Blackberry, HTC and Micromax offer good choice of handsets in this range. Again look for processor power and RAM. A Quad-core processor is better than dual or single core. Also do check internal memory. Although many handset in this range offer 4GB of internal memory, less than or equal to 2GB out of it is available for user.

 

Model

Price*

Unique Selling Point (USP)

XOLO X910

Rs10,400

4.3” qHD IPS, 5MP, 1.6Ghz Intel, 1GB RAM

Nokia Lumia 610

Rs11,199

3.7” screen, 5MP, Win 7.5 OS, micro SIM

Nokia Lumia 710

Rs10,999

3.7” screen, 5MP, Win 7.5 OS, 1.4GHz, 512MB

MM Canvas Doodle A111

Rs10,299

5.3” screen, 8MP-2MP, 1.2Ghz QC, 512MB

HTC A620E 8S

Rs14,799

5MP, Win 8 OS, 4” SLCD, 1GHz DC, Gorilla glass

Samsung Core I8262

Rs13,240

4.3” LCD, 5MP, 1.2Ghz DC, 1GB Ram, 8GB

Blackberry Curve 9320

Rs13,299

3.2MP, BB 7.1 OS, QWERTY, 2.44” screen, 3G


Price Range: Rs15,001 to Rs20,000

Features available: Touch screen, Single/Dual SIM (dual standby), email, better camera, good quality screens, Decent RAM, Dual and Quad core processor

 

Tip: Mobile in this range are advised for experienced users, as there are many features that first time users would not be comfortable to use with. Some of the biggies like Samsung, Nokia, Blackberry, HTC and Micromax offer good choice of handsets in this range. Again look for processor power and RAM. A Quad-core processor is better than dual or single core. Also do check internal memory. Although many handset in this range offer 4GB of internal memory, the user gets only less than or equal to 2GB memory for use. Do check out some of the latest offering from Micromax in this range.

 

Model

Price*

Unique Selling Point (USP)

HTC Desire XC

Rs18,299

5MP, 4” LCD, 1Ghz DC, GSM+CDMA, 768MB

Nokia Lumia 720

Rs17,499

4.3”, 6.7MP, 1GHz DC, Win8 OS, Gorilla glass

Samsung Grand Quattro

Rs15,900

4.7”, 5MP, 1.2Ghz QC, 1GB RAM, Dual SIM

MM Canvas4 A210

Rs17,499

5” LCD, 13-5MP, 1.2Ghz QC, 1GB RAM, 16GB

Sam Glxy Grand Duos

Rs18,130

8MP, 5”, Dual SIM, 1.2Ghz DC, 1GB RAM, 8GB

MM Canvas Turbo A250

Rs19,999

5” Full HD, 13MP, 1.5Ghz QC, 2GB RAM, 16GB


Price Range: Rs20,001 to Rs30,000

Features available: Touch screen, Super AMOLED or HD display, Single/Dual SIM (dual standby), email, very good camera, both main and front, 1GB plus RAM, Quad core processor

 

Tip: This range offers plenty of choices for buyers. There are some of the best, display as well as main cameras available in this range. Also the overall quality of build (aluminium case body for some) is good. All the big names have few bestselling devices in this range. But before buying, look for display quality. Anything below HD and without gorilla glass display is not worth the price. Also, do check the RAM and processor power. Some handsets in this range have non-standard RAM. Samsung Galaxy Mega 5.8 and S4 Zoom has 1.5GB RAM while Blackberry Torch 9860 has 768MB RAM.  Also do check internal memory. While many handsets in this price range offer 8GB or more internal memory, some like Blackberry offers only 4GB. Also you can lay hands on Google Nexus and Apple iPhone4 (8GB) in this price range. Give it a try. Many youngsters have shown interest in Google Nexus4 but are awaiting release of its next version.

 

Model

Price*

Unique Selling Point (USP)

Blackberry Q5

Rs24,199

3.1”, QWERTY, BB10.1, 1.2Ghz, 2GB RAM, 8GB

Apple iPhone 4 (8GB)

Rs22,900

5MP, 3.5” DVGA, MS Office, Retina display

Samsung Glxy Mega 5.8

Rs22,900

5.8” qHD, 1.4Ghz DC, 8MP, 1.5GB RAM, 8GB

Nokia Lumia 920

Rs23,999

4.5”, 1.5Ghz DC, 8.7MP, Win8 OS, 1GB RAM

Nexus 4

Rs26,290

1.5Ghz QC, 2GB, 16GB, 8MP, Google core

Samsung Galaxy S3

Rs24,899

1.4Ghz QC, 1GB, 16GB, 4.8”, 8MP-1.9MP

Samsung Glxy S4 Zoom

Rs26,999

16MP, 4.3”, Full HD, 1.5Ghz QC, 1.5GB, 8GB

Nokia Lumia 925

Rs28,999

1.5Ghz DC, 1GB, 16GB, 8.7MP, 4.5”, Win8 OS

Blackberry Z10

Rs27,500

BB10 OS, 8MP, 4.2”, 1.5Ghz, 2GB, 16GB

HTC One X S720E

Rs28,999

4.7”, 8MP, 1.5Ghz, 1GB, 32GB, Full HD R

 

Price Range: Above Rs30,001

Features available: Touch screen, Super AMOLED or Full HD display, Single/Dual SIM (dual standby), email, very good camera, both main and front, 1GB plus RAM, Quad core processor

 

Tip: This range offers the best mobile handsets money can buy. Actually you would feel pampered in this range. All the big handset makers offer their best devices above Rs30,000. There are the best displays as well as main cameras available in this range. Overall build quality (aluminium case body for some) is best in this class. All the big names have their bestselling devices in this range. But before buying, look for display quality. Anything below Full HD (all Apple handsets come with Retina display, so no worries) and without gorilla glass display is not worth the price. Some devices offer Full HD recording as well. Also, do check the RAM and processor power. As far as camera is concerned, 8MP is more than enough for mobile handsets, but then it’s your preference.

 

Model

Price*

Unique Selling Point (USP)

Samsung Galaxy Note 2

Rs31,500

1.6Ghz QC, 2GB, 16GB, 8MP, 5.55”, S-Pen

Sony Xperia Z

Rs34,990

5” Full HD, 1.5Ghz QC, 2GB RAM, 16GB, 13MP  

Samsung Galaxy S4

Rs40,690

5”, 1.6Ghz QC+1.2Ghz QC, Full HD, 13MP

Sony Xperia Z ultra

Rs41,600

2.2Ghz QC, 2GB, 16GB, 6.4”, Full HD, 8MP

Apple iPhone 5C (16GB)

Rs41,900

iOS7, 4”, 8MP, Full HD, 16GB

HTC One

Rs48,999

4.7”, Dual SIM, 1.7Ghz QC, Ultrapixel Cam

Samsung Galaxy Note3

Rs46,899

5.7”, 13MP, 1.9Ghz QC+1.3Ghz QC, 3GB, 32GB

Apple iPhone 5S (16GB)

Rs53,500

iOS7, 4”, 8MP, Full HD, 16GB, Retina display

Nokia Lumia 1020

Rs46,499

41MP, 4.5” Full HD, Win8 OS, 2GB, 1.5Ghz DC

 

Note: Most smart phones come with touch screens, hence not specifically mentioned it in features, only screen size is written.

DC- Dual Core/ QC-Quad core processor

“2.2Ghz QC, 2GB, 16GB”= 2.2Ghz quad core processor, 2GB RAM, 16GB internal memory

MP- megapixel or one million pixels. The resolution of camera phones is often measured in megapixels or MP

Full HD R= Full HD Recording

Gorilla glass- high scratch resistance glass made by Corning Inc.

Disclaimer:

*All amounts mentioned above are estimated street prices and subject to change as per market conditions and location.

 

So happy shopping!

User

COMMENTS

Dr Anantha K Ramdas

3 years ago

Thanks for giving such exhaustive details. The choice and recommendations given by you are so many that, by the time one decides to buy, new models would have turned up. This is truly amazing. Thanks for this and I found that on asking for discounts, shop keepers are willing to give "free gifts" of items. A little confusing for me but I should take someone who knows more about these items before replacing my basic cell phone!

Nilesh KAMERKAR

3 years ago

Before splurging Rs.20000 on a new mobile, pls do consider this math . . . Rs.20000 compounded @ 15% p.a. becomes Rs. 320000 in 20 years.

REPLY

vipin

In Reply to Nilesh KAMERKAR 3 years ago

Who is giving @ 15% p.a.kindly inform the readers.

Nilesh KAMERKAR

In Reply to vipin 3 years ago

Nobody gives 'guaranteed' returns of 15% p.a.; but it ought be earned.

Vinay

In Reply to Nilesh KAMERKAR 3 years ago

Before not splurging a bit on your fancies, do consider life... 20 years later you might regret not having enjoyed the fun things in life "back then" ;)

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