09 March 2012

Rahul Dravid's retirement speech


Bangalore: Here is the complete speech made by Rahul Dravid who announced his retirement from Tests and first-class cricket.
I would like to announce my retirement from international and domestic first-class cricket. It has been 16 years since I first played a Test match for India, and I feel it's time for me to move on. Once I was like every other boy in India, with a dream of playing for my country. Yet I could never have imagined a journey so long and so fulfilling. I have had a wonderful time, but now it is time for a new generation of young players to make their own history and take the Indian cricket team even further.

No dream is ever chased alone. As I look back, as one does at such a time, I have many people to thank for supporting me, teaching me and believing in me.

My junior coaches in Bangalore and at various junior national camps inculcated in me a powerful love of the game which has always stayed with me.

My coaches at the international level have added to my craft and helped shape my personality. They pushed me and challenged me to keep getting better. The physios and trainers worked hard to keep me fit -- not an easy job -- and allowed me to play late into my 30s.

The selectors who rarely receive any credit in India had, on occasions, more confidence in me than I had in myself and I am grateful for that. The various captains I played under offered me guidance and inspired me.

The media has been kind to me, and I have respect for their craft.

The KSCA and BCCI have provided me a platform and the facilities to play the game.

But most of all, I have to thank the teams I played with. I know what I am going to miss the most is being part of a unit. The joy of bonding together and striving to achieve a goal is what made cricket special for me. I was lucky in my early years to play for a Karnataka team which was trying to forge itself into a strong side and they were years of fun and learning.

In the Indian team, I was fortunate to be part of a wonderful era when India played some of its finest cricket at home and abroad. Many of my teammates have become legends, not just in India but in the wider cricketing world. I admired them, learnt from them and I leave the game with wonderful memories and strong friendships. It is a great gift to have.

A career in sport is almost impossible to manage without the support, guidance, and reassurance of family and friends. During tough times -- and there have been many -- they are the ones we go to. I found strength and encouragement from my parents (Sharad and Pushpa ) and brother (Vijay) and they created around me a positive environment which was essential to my success.

My wife, Vijeeta, has been a remarkable partner in my journey. She has made sacrifices in her own career and has almost been a single parent bringing up our children alone as I travelled abroad to play. Whenever challenges appeared, she was always there, as sounding board, as ally and as guide. Being away from my family became harder and harder through the years and I look forward now to spending time at home and doing the simple things, like just taking my sons (Samit and Anvay) to school.

Finally, I would like to thank the Indian cricket fan, both here and across the world. The game is lucky to have you and I have been lucky to play before you. To represent India, and thus to represent you, has been a privilege and one which I have always taken seriously. My approach to cricket has been reasonably simple: it was about giving everything to the team, it was about playing with dignity, and it was about upholding the spirit of the game. I hope I have done some of that. I have failed at times, but I have never stopped trying. It is why I leave with sadness but also with pride.

MCX rises 38% to Rs 1425 on opening


A share of MCX, India's largest commodity exchange, shot up 38% on opening to trade at Rs 1425 as against issue price of 1032 on the BSE.
Equilibrium price for a share stands at Rs 1387, so accordingly the upper circuit limit of 20% is at Rs 1660.8 while lower circuit at Rs 1109.6.
On the National Stock Exchange, it is trading at Rs 1364, up 32.17% after hitting a high of Rs 1428.55 and low of Rs 1348 in early trade. The opening price for a share stands at Rs 1408.
It is the first big ticket IPO as well as first IPO listing of 2012. The company had raised over Rs 663 crore via offer for sale of 64.27 lakh equity shares and there was a dilution of 12.6% by selling shareholders. Financial Technologies, a promoter, reduced its stake to 26% from 31.18% via issue.

Sensex up 300 pts; MCX shoots 35% in pre-opening session


The BSE Sensex started off trade with 250 points gap up on Friday following strong global cues. Even the NSE Nifty touched 5300 level on hopes that Greek debt deal will get passed soon.
MCX was at Rs 1,395 (near to expected price), up 35% over issue price of Rs 1032 in pre-opening session. Normal trading session of the world's fifth largest commodity exchange will start only after 10 am. Shares of Financial Technologies, a promoter of MCX, rose 1.6% to Rs 875.
The BSE benchmark gained 303 points or 1.77% at 17,448.75 and the NSE benchmark jumped 94 points or 1.8% to 5,314.35.
Asian markets extended gains today on hopes that Greek debt swap deal will get approved soon. Overwhelming participation from private bondholders indicates that support is still flowing in. Greek officials indicate over 95% participation. Yesterday, even US markets rallied 0.5-1%.
Back home, Tata Steel, SAIL, IDFC, ICICI Bank, Axis Bank, Reliance Industries, L&T, Bharti Airtel, BHEL, TCS and Wipro gained 1.5-3.5%.
The NSE Bank NIfty surged 244 points in early trade.
Reliance Communications gained 2% as about 2 crore shares changed hands on BSE in a block deal.
However, BPCL and HPCL lost 0.7% as these companies are waiting for oil price hike.
About five shares advanced for every share falling on the National Stock Exchange. The CNX Midcap moved up 118 points to 7,589.
In the second line shares, MTNL gained 4% as Business Standard reports that LIC wants to exit MTNL via private placement.
Mahindra Satyam rose 3.5% after the company acquired vCustomes's BPO biz for USD 27 million.
Hexaware Technologies moved up 4% as L&T in today's board meeting will discuss Hexaware acquisition.
Kingfisher Airlines climbed 2.5% after oil companies resumed fuel supply to the company last night. They had cut fuel supply for non-payment. However, IATA suspended Kingfisher. KFA says it is unable to pay IATA as bank accounts frozen.

07 March 2012

Happy Holi......

Wish U Happy Holi

from
http://20-20stocks.blogspot.in/

MCX to list on March 9


Multi Commodity Exchange of India (MCX), world's fifth largest commodity exchange, is set to list its equity shares on Friday, March 9, 2012.
The company raised Rs 663.31 crore via issue of 64.27 lakh equity shares at upper end of price band of Rs 860-1032 a share.
The issue, which received overwhelming response and got subscribed 54 times, was opened for subscription during February 22-24.
It was an offer for sale, so selling shareholders will get entire funds. Promoter Financial Technologies holds 26% stake in the company post issue, which was earlier holding 31.18% stake.
Other selling shareholders include State Bank of India, GLG Financials Fund, Alexandra Mauritius Limited, Corporation Bank, ICICI Lombard General Insurance Company Limited and Bank of Baroda.
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