Porinju Veliyath’s Latest Stock Pick Is A Top-Quality Micro-Cap..!

Porinju Veliyath’s Latest Stock Pick Is A Top-Quality Micro-Cap
Porinju Veliyath has timed his purchase of a micro-cap stock perfectly. The micro-cap boasts of top-quality management and has commissioned an expansion plan which will lead to profits gushing in. 
Porinju Veliyat

All stocks in the sector are soaring on the back of strong tailwinds


Successful Investing takes time, discipline,and patience - Mr. Warren Buffett

Investing Mantra's
Investing Mantra's - Stock
 Investing Mantra's - Investment

''Successful Investing takes 
and patience."

Mr. Warren Buffett

Consumer Grievance Redressal Day – September 18

 For the first time in India,
 a  Consumer Grievance Redressal Day – 
September 18, 2016
Chennai based Consumers Association of India (CAI) is a voluntary organization that has served in the area of consumer protection for the past 15 years and has been running the State Help Line for Tamil Nadu Government for the last two years along with its own complaints handling service. 

Taking this to the next level, CAI is organizing an event to bring manufacturers, service providers and customers together to discuss and resolve consumer grievances without delay.
The event titled “Consumer Grievance Redressal Day” is set to be held on September 18, 2016 from 10.00 a.m. to 6.00 p.m. at Mother Teresa Exhibition Hall near Valluvar Kottam, Chennai

CAI has joined hands with the Civil Supplies and Consumer Protection Department of Tamil Nadu Government for this venture.

For further details contact Mr.M.Somasundaram, 
Liaison officer at 94442 53739,  81246 66285

Nirmala Desikan
Chairman and Managing Trustee
Consumers Association of India & The CONCERT Trust
3/242, Rajendra Garden
Vettuvankeni, Chennai 600115
Ph:   044 24494575
Fax: 044 24492140
E-mail: cai.india1@gmail.com

Chennai Has Around 12% Office Vacancy Levels In India

Bengaluru Has Lowest Office Vacancy Levels In India

by Mr. Ashutosh Limaye, National Director – Research, JLL India

Over 10 mn sft occupied in 2015 +2 mn sft in under-construction projects; in 1Q16, city sees highest leasing volumes in APAC

Among the seven major office markets in India, Bengaluru has emerged as the one enjoying lowest vacancy levels. 

At slightly more than 3%, the office vacancy levels are at an all-time low in the IT capital of India. Bengaluru is followed by other IT hubs like Pune and Hyderabad having vacancy levels of 6% and 9%, respectively. 

Chennai comes next at around 12%, Kolkata and Mumbai around 19% and Delhi-NCR at almost 32% vacancy levels.

At a pan-India level, the average vacancy in commercial real estate stands at 15%, as of 2Q16. Looking at these figures, it is clear that IT hubs continue to see a good supply-demand equilibrium compared to some other markets in the country.

 For Bengaluru, it shows how occupier demand continues to remain strong as also how developers here have remained attuned to market dynamics so far. Any new supply that has been made available by them to the occupiers here has been taken up quickly by the latter.

Vacant stock currently (in mn sft)
Demand forecast for CY2016 (inmn sft)

The time to supply more quality space has, however, arrived and developers in Bengaluru need to look into addressing the existing space crunch. Some developers have rightly started advancing completion of their commercial projects in the city. Given the community’s reputation of having their ears to the ground, this trend is expected to be followed by other developers in the coming months.

In 2015, more than 10 mn sft of office space got occupied and another 2 mn sft of leasing was done in under-construction projects. In 1Q16, Bengaluru had seen the highest leasing volumes in Asia Pacific on the back of big-ticket transactions. Although there is demand for 10 mn sft, supply of only 8-8.5 mn sft non-captive office space is expected to come up by the end of 2016.

In terms of office stock, Bengaluru is a clear winner among these three IT-dominated markets. The stock (in mn sft) here is far more than the stock of Pune and Hyderabad put together. In terms of IT stock too, Bengaluru leads the way although when it comes to quality options for occupiers, all three cities are struggling equally.

While talent availability and the scale of its thriving IT ecosystem have been helping Bengaluru, there is a risk of the city losing its ‘numero uno’ position if the pace of infrastructure upgrade is unable to keep up with changing skyline. A wake-up call has come in the form of occupier demand shifting from Bengaluru’s established IT corridors to newer ones like the Northern corridor that have better infrastructure. This shows how important timely augmentation of infrastructure is, as without it, the demand moving within the city could move out altogether. The new signal-free corridors and metro routes planned become all the more important, therefore, and need to be completed within stipulated deadlines.

For media contact

Arun Chitnis
 Head – Corporate Communications & Media Relations
JLL India
 Pune 411001.
Tel: (020) 30930441 Fax: (020) 40196101
Mob: +91 9657129999


Errors in CIBIL Loan Report: How to correct them in online?

Errors in CIBIL Loan Report: How to correct them in online?

Your Credit Information Report (CIR) plays a large part in the loan application process. Hence, any discrepancy in your CIR may result in reduced chances of a loan approval. Therefore, it is important that the information on your CIR is accurate and updated.
 A dispute request can be raised based on either a CIR purchased by you directly from CIBIL or a CIR accessed by the Credit Institution (CI) with whom you have applied for a loan.
The CIR consists 5 sections namely Personal Information, Contact Information, Employment Information, Account Information and Enquiry Information. If any information on your CIR is inaccurate or needs to be updated, we will assist you in doing so.

You can initiate dispute online with CIBIL for any inaccuracies reflecting in your Credit Report. CIBIL does not charge its consumers for this service.
To initiate a dispute with us, click on the applicable link below and follow the instructions:
If you have access to myCIBILclick here to Raise an Online Dispute.
If you have obtained your report from bank, click here to Raise an Online Dispute

TransUnion CIBIL Limited
(Formerly: Credit Information Bureau (India) Limited)
Hoechst House, 6th Floor,
193 Backbay Reclamation,
Nariman Point,
Mumbai 400 021
TransUnion CIBIL Limited
(Formerly: Credit Information Bureau (India) Limited)
Hoechst House, 7th Floor,
193 Backbay Reclamation,
Nariman Point,
Mumbai 400 021

Real Estate Unstoppable Coimbatore

Real Estate Unstoppable Coimbatore

Traversing the topography of one of India’s strongest emerging realty hotspots

Located in the Southern state of Tamil Nadu, Coimbatore is advantageously sandwiched between tourist attractions like Ooty, Kodaikanal and Coorg. The city is swiftly moving into fast-track development.

In India, the focus has already shifted towards tier II cities owning to the huge demand in these cities, and many investments are pouring to them because of the good business propositions they offer. Coimbatore is already witnessing increased real estate demand.

Coimbatore’s massive manufacturing sector makes it one of the fastest-growing economies in the country; the city justifiably enjoys the tag of ‘Manchester of South India’.

Its surrounding cotton feed a flourishing textile industry, contributing to the diversity of its economy. Coimbatore also holds many other alluring economic features – for instance, it is a renowned manufacturing centre producing specialized products intrinsic to the region, auto components, motors and pumps, etc.
A.Shankar, JLL India

The exports from the city range from poultry, jewellery to software. In fact, Coimbatore caters a lot to the growing IT industry and is supported by huge skilled labour pool and special economic zones (SEZs) that have attracted leading IT companies and technology service providers. The city also has a strong economy from medical tourism from various parts of the country.

Coimbatore has been identified as one of the top 10 cities in the country that offers low budget real estate investment opportunities, according to a recent study done on Emerging Hotspots in India by JLL.

Eventually, the city is strongly visualized to captivate upcoming investments into its real estate sector in the near future due to following attributes:

·   One of the top 20 Smart Cities of India..!

Coimbatore, categorized as a Business & Industrial Centre, has the pride label of one of the top 20 cities chosen by the Ministry of Urban Development, Government of India under the Smart Cities Mission initiative.

The city focuses on five nodes for the smart city proposal, such as best-in-class civic services which envision to strengthen all the utilities, seamless mobility which focuses on NMT, parking and intelligent transport system through CCTV surveillance, a sustainable environment by implementing LED street lighting and increasing green cover, E-governance and efficient infrastructure for industries.

Central Coimbatore, adjoining an 8 lake network, is selected as the area for development under the Smart City initiative, and will witness intense development in the vicinity in the coming years.
Recently, German experts have indicated to the State Government their interest in extending assistance to the Smart City project to be implemented in Coimbatore.

   Already an established industrial hub of South India..!
Coimbatore has over 25,000 small, medium and large business enterprises functioning in the city. The major industries are textile and engineering, and the city still continues on its track of being hardware–centric.

This makes it unique when viewed against other South Indian cities like Chennai and Bangalore, which rely more on the software industry for growth. With the implementation of GST, this region will benefit from its locational juxtaposition with neighbouring states of Kerala and Karnataka.

The Coimbatore - Salem Industrial Corridor strengthens its advantage. Coimbatore is a prime-node on the industrial corridor between Salem and Coimbatore proposed by GoTN’s Vision 2023 Agenda.

This could bring in substantial incremental investments in the region to help infuse positive economic developments in the city. According to the Confederation of Indian Industry (CII) South, this corridor is expected to attract an investment of about INR 14,700 crore to create further infrastructure, thereby creating a wide range of investment opportunities to the tune of about INR 43,000 crore.

It is also being expected to create jobs for approximately 18 lakh white and blue collar personnel. This has already pulled in residential developers planning to expand their offerings in the city.

·  Emerging IT / ITeS destination..!

On the software side, Coimbatore ranks 2nd following Chennai in terms of software production in the state.

Cognizant Technology Solutions, Wipro, FORD, Aditi Technologies, Robert Bosch GmbH, IBM, Tata Consultancy Services, Tata Elxsi, Dell, CSS Corp and KGISL have already started their entry into the city. In fact, Cognizant’s second-biggest hub is located in Coimbatore, employing about 5000 employees.

Coimbatore is also known as a business process outsourcing (BPO) hub of note. Further, it is the largest non-metro city for e-commerce in South India due to the growing online shopping, e-ticketing and e-billing adaptation being deployed in the city. Several e-commerce companies are also based out of Coimbatore, including Gajgallery.com and Krizda.com.

Availability of quality labour is an important factor driving factor that makes Coimbatore a preferred business destination.

The low attrition rate (>10%) and limited competition add to the positive business environment. It also houses 7 universities, 54 engineering colleges, 2 medical colleges, 35 polytechnics and over 700 other educational institutions. This attracts a major population both from within and outside the state for quality education.

·  Increased demand for commercial real estate..!

In the past, the city’s market was not significantly office-driven and the demand of real estate was by and large in the residential and industrial segments. 

However, the city’s current outlook has changed drastically by shifting towards increasing uptake of commercial real estate.

In fact, Coimbatore is among the rare Indian markets where office space uptake has been in the positive zone in recent years.

The city has witnessed an increasing trend of relocation of companies to bigger spaces. Though the majority of such relocations are seen in the CBDs and off-CBDs in other major markets, in Coimbatore the rapid increase in Small and Medium Enterprises (SMEs) has led to emerging locations commanding a higher increase in rentals than the established locations. 

While IT/ITeS companies are increasingly relocating from their existing buildings to others within the same micro markets due to cost advantages, the real demand has started coming from the SMEs in the city.

The rentals for warm-shell office spaces are in range of INR 40 to 45 per sq. ft.
Spaces of sizes 1,000 to 1,500 sq. ft or 3,000 to 4,000 sq. ft are highly preferred in this market. The requirement continues to be good for buildings that are located within 30 km from the city centre.

 The city has a total supply of 4.5 million sft of commercial space across various locations such as Avinashi Road, Trichy Road, R.S. Puram, Mettupalayam Road and Gandhipuram areas, with an average vacancy of 20%. This clearly shows that Coimbatore is slowly transforming into an end-user driven commercial market.

·  High potential for residential real estate..!

With the increased demand for commercial activity, coupled with the Smart City initiative and industrial demand, Coimbatore is emerging as a major nexus for well-established and sustainable residential real estate.

The market has witnessed substantial increase in demand for housing, and the demand for second home and retirement communities continues unabated. Coimbatore’s residential market has witnessed a positive push in demand for residential units in the key areas of the city such as R.S. Puram, Avinashi Road, and Race Course, which are considered posh areas. Locations off Avinashi Road and Saravanampatti, Mettupalayam Road and Trichy Road are seeing a lot of low-budget projects.

In Coimbatore’s residential market, 40% of real estate investments come from those living in cities such as Bangalore, Kochi, and Chennai.

The preference for smaller apartments (1 BHK, 2 BHK) is high among young IT professionals, while villas and row houses are perceived in demand from NRIs, retired persons and top management IT and business professionals.

Coimbatore is currently witnessing relatively low new supply, as developers are keen to utilize the growing demand to clear their existing stock. The projects in the city are selling between INR 4,000 to 6,500 per sq.ft.

 Likewise, they are keeping residential launches in sync with the overall consumer spending capacity in the city by avoiding a lot of high-end or super-luxury launches in the market.

To summarize:

Conclusively, Coimbatore has emerged as a strong and growing economy based on manufacturing and services sectors.

This tier-II city boasts of a distinctive economy, quality education, an extensive labour pool and focused sustainable development objectives, making it an attractive destination in South India giving a positive anticipation for the future investments.

With the onset of positive sentiments and the city’s business-friendly environment, its real estate market will grow tremendously in the coming years.

About the author..!

Mr. A.Shankar is National Director & Head of Operations – Strategic Consulting at JLL India


Difference between successful Investors Vs Really Successful Investors - Warren Buffett..!

Investing Mantra's
 Investing Mantra's - Stock
 Investing Mantra's - Investment

Difference between successful Investors Verses 
Really Successful Investors ..!

"The difference between successful people 
and really successful people 
is that really successful people 
say no to almost everything." - Warren Buffett

Bank Loan Accounts:Rural Women Vs Urban Women

Bank Loan Accounts: Rural Women Vs Urban Women

In 2015, for every 100 small borrowal accounts held by rural men, rural women held nearly 32. In comparison, urban women held only 16 loan accounts

Rural women seem to be better off than their urban counterparts when it comes to holding loan accounts, going by the Reserve Bank of India’s (RBIs) latest annual report. (2015-16)
On average, for every 100 small borrowal accounts (SBAs) held by rural men, rural women held about 32 accounts in 2015.

In comparison, urban women held only 16 loan accounts per 100 accounts held by urban men.

Currently, accounts with credit limit of  Rs. 2 lakh are taken as SBAs.

The RBI said the ratio of bank credit per capita (under SBA) for rural women to urban women has also been largely on the rise.

Bank credit per SBA has been on the rise in rural areas (to nealy Rs. 30,000 per account in 2015 from about Rs. 18,000 in 1999); this is contrary to the trend in urban areas (to about Rs. 9,000 per account from nealy Rs. 32,000).

According to the RBI, this underscores the need for focussed attention on the urban poor, keeping in view increasing urbanisation in the country.

Besides expanding the branch network, tailor-made platforms and products need to be designed to reach out to small borrowers in urban areas, including slum-dwellers and domestic workers.

The RBI said there has been a fall in the share of SBAs in total bank credit to about 8 per cent.

Indian Mutual Fund : Fund Managers Betting on Own Schemes..!

Indian Mutual fund -  
Fund Managers Betting 
on their Own Schemes..!

As on August 2016


UTI Bluechip Flexicap Fund should be a part of your equity portfolio

UTI Bluechip Flexicap Fund should be a part of your equity portfolio

            UTI Bluechip Flexicap Fund is an open-ended equity fund which will invest across all market capitalization.  

The fund will enable investors to own blue chip companies that would produce consistently above average performance and returns. Fund follows well-set investment strategy in respect of sector selection and stock selection and in turn framework for prudent portfolio construction.

            Investment strategy involves picking of stocks with strong profitability (high & stable EBITDA margins, high & stable net profit margins), earnings quality (high operating cash flow and high free cash flow characteristics) and capital efficiency (high return on capital employed and return on equity. 

Fund believes and endeavors to pick quality businesses with above mentioned traits and coupled with seasoned management, ability to grow and compound capital will generate economic value for a long period of time. 

Fund is built with being agnostic to market capitalization and following capitalization exposure of at least 55% in large caps and with flexibility of mid and small exposure within a range of 20% to 40%. An ideal option to hold as a "core" part of equity portfolio holding.

The said name and investment style has been in vogue with effect from 1st December 2015. 

As on June 30, 2016, the fund has been overweight on sectors like financial services, IT, Consumer goods and Pharma. 

The funds top holding consists of well known and researched companies like HDFC Bank, Indus Ind Bank, Yes Bank, Infosys, TCS, ITC, and Axis Bank.

UTI Bluechip Flexicap Fund

NAV as on 29/08/2016 for
Income Option - Direct
Rs. 22.656
Investment will be made in stocks of those companies engaged in the following areas:
  • The investment objective of the scheme is to achieve long-term capital appreciation and/or dividend distribution by investing in stocks that are "Leaders" in their respective industries/sectors/sub-sectors
Fund type
Open End
Date of Inception
Investment Plan
Income Option - Direct
Fund size (Rs.Cr)
1799.22(as of 31st Jul 2016 )
Number of investors
408247(as of 31st Jul 2016 )
Min. Investment
Last Dividend
Options Available
Growth option, Dividend option with Payout and Reinvestment
(SIP, SWP & Trigger)
Mr Ajay Tyagi
Mr Ajay Tyagi is a CFA Charterholder from The CFA Institute, USA and also holds a Masters degree in Finance from Delhi University.
Fund Manager's View
  1. A diviersified large cap oriented fund with moderate-style of funds management is suitable for all equity investors
Sectoral Breakdown
(% as compared to Benchmark)
Market Capitalisation (%)

View complete asset allocation
This product is suitable for investors who are seeking*:
  • Long term capital growth
  • Investment in equity instruments of companies that are "Leaders" in their respective industries/sectors / sub-sectors.
  • Moderately High Level
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.