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BSNL offers either one rent free landline connection or one rent free WLL connection to its land line customers, whose average monthly bill is Rs 500/-.

BSNL customer has a choice to choose either one rent free WLL connection or one rent free Land Line connection against one rent free connection scheme.

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On 22.03.2009 , INVESTCHIPS predicted bear onslaught.

Short-term traders can join bears to enjoy the merry time. Nifty trades can short with stop loss.  No investment buying advised in this week.

But due to short covering, manipulation and heavy FII purchase market reached new intra month highs. Intelligent traders shorted the market in the April series. On 28.03.2009, we wrote that “Still we are bearish. Elections going to be a big impediment to any upmove. Trade with stoploss.” 

Today ,the markets ended sharply lower, breaking a five-session winning streak. The benchmark indices saw a huge sell-off on the back of weak global cues.

Now judge our predictions.

This is to inform you that Banks are closed on April 01, 2009 on account of Annual Book Closure.
Kindly note that shares bought by the client on March 31, 2009 should not be sold on April 01, 2009 as trades done on both these days will be settled together on April 06, 2009.
Also, please note that the pay-in schedule for stocks sold on March 31, 2009 and April 01, 2009 has changed to 10.00 a.m. and 2.00 p.m. respectively.

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In 2008 Mar RBI issued a guideline limiting the fee charged by banks for using their ATMs by clients of other lenders to Rs 20. It had also allowed the use of ATM for purposes like balance enquiry free of any charge. Giving relief to common man, banks in India from Apr 1 will not charge extra for cash withdrawals using ATM and debit cards issued by other banks. Thanks to an RBI! But banks can charge a fee on services like withdrawing cash using credit cards and at ATMs located outside India.

Source : RBI

www.iba.org.in/whatsnew1.asp?memoref=ATM%20Charges.pdf

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Reliance Money has recently introduced mobile trading. Following reports can be accessed apart from mobile order placement.

Equities
A registered user of Equities trading on Reliance Money can login to Equity Login on mobile using his trading username, password and security token. On the equity home page the client has to select the Trade Now option to start trading. Client will have the option to trade in Equity and Derivative segment.
Equity Segment: On clicking the equity option the client will be directed to the order form page. By default BSE exchange is selected. To place an order in NSE client will have to select NSE exchange.
BUY/SELL

• To Buy/Sell any scrip, user can enter first three letters of the scrip name and click on ‘Get Scrip Code’ button to select the scrip for buying or selling.
• The Buy/Sell form is pre-filled with the default information for the selected scrip.
• The price quotes get updated by clicking on the Refresh button.
• Client can place Limit, Market or Stop Loss order.

Equity Reports
User can view the following reports:

• Order Book - To view the trading orders placed by the client on the current date.
  • Modify: User can select a ‘Pending’ order from his Order Book and edit the details to modify his previous Buy/Sell transaction to a new one.
  • Delete: User can select a ‘Pending’ order from his Order Book and cancel his previous Buy/Sell transaction.
• Trade Book – To view the Traded orders of customer for the current date.
• Today’s Positions – A report which displays all the day’s open positions of the client. Square off order can be placed for these open positions.
  • Square Off: User can select any Open Position from the report and place a square off order.
• Ledger Balance – To view the available and blocked margins of the client.
• Demat Allocation – To view the demat holding of the client and place sell sell orders by selecting the scrip to be sold.
• ATST Projections – Scrips bought on T-1 and T day are visible in this report. Client can place sell orders if the scrip is available in ATST basket.
• Limit Card – Displays the last 20 records of limit card transactions of the client.
• Ledger Report – Displays last 20 records of the client’s settlement ledger.
• Portfolio Management System – Displays the demat holding of the client with the last traded price.

Derivatives Segment:
On clicking the derivative option the client will be directed to the order form page. By default Futures is selected. To place an order in Options client will have to click on the Options link.

• BUY/SELL
  • To Buy/Sell any scrip, user can enter first three letters of the scrip name and click on ‘Get Scrip Code’ button to select the scrip and month for buying or selling. Options orders can also be placed in the similar manner.
  • The Buy/Sell form is pre-filled with the default information for the selected scrip.
  • The price quotes get updated by clicking on the Refresh button.
  • Client can place Limit, Market or Stop Loss order.

Derivative Reports
User can view the following reports:

• Order Book - To view the trading orders placed by the client on the current date.
• Modify: User can select a ‘Pending’ order from his Order Book and edit the details to modify his previous Buy/Sell transaction to a new one.
• Delete: User can select a ‘Pending’ order from his Order Book and cancel his previous Buy/Sell transaction.
• Trade Book – To view the Traded orders of customer for the current date.
• Open Positions – A report which displays all the current and previous open positions of the client. Square off order can be placed for these open positions.
  • Square Off: User can select any Open Position from the report and place a square off order.
• Ledger Balance – To view the available and blocked margins of the client.

1. It can be used to place orders while you are on move and have no PC and internet access
2. Day traders can’t profitably use this facility as it is very slow and market watch facility is not enabled for equity and derivatives
3. Still you can’t change your passwords as the system shows error
4. Some times the status of your placed orders are   shown as “in process” throughout the day. In that stage you can’t modify or cancel your order and also you will not be knowing the real status of your order. ( a typical Religare Bug – It is the main reason I have changed the broker from religare  to reliance money)
5. Overall it is a welcome move.

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This is to inform you that Banks are closed on March 27, 2009 on account of Gudi Padwa.
Kindly note that shares bought by the client on March 26, 2009 should not be sold on March 27, 2009 as trades done on both these days will be settled together on March 31, 2009.
Also, please note that the pay-in schedule for stocks sold on March 26, 2009 and March 27, 2009 has changed to 10.00 a.m. and 2.00 p.m. respectively.

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Bill Pay facility is one the most sought after feature by the net savvy customers. Though most of the private sector banks are giving this facility free, some traditional banks like Karur Vysya Bank and Laxmi Vilas Banks are not fast enough to adopt these technological innovations. Of late, KVB enables Bill pay facility for it’s net banking customers with a tie-up with Bill Desk.

Billers list can be accessed here.

Good step forward.

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Public sector BSNL has launched Blackberry services under postpaid mobile services. The tariffs can be accessed here.

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Google recently introduced over the air (wireless) synchronisation of Gmail mail contacts and your Sony Ericsson phone. If you lucky enough to have iphone, your calendar data can also be synced wirelessly. But this feature is not officially available for Sony Ericsson phones. But you can still stay synchronised with your google calendar, contacts and Sony Ericsson phone data.

Steps

1. You need a Sony Ericsson smart phone   with GPRS data connection
2. First open your mobile browser and download “ Exchange ActiveSync” from Sony Ericsson wap website. It is free.
3. Back up your calendar and Contact data of phone and also make sure that they were imported to your Gmail A/c
4. Then open“ Exchange ActiveSync”  application in your mobile
5. Enter your Gmail user name as “username@gmail.com “ and enter the password
6. Enter server name as m.google.com and leave the domain field blank
7. Tick the secure access box and click next
8. It will automatically check the settings and show error message
9. Click the settings of “ Exchange ActiveSync” and go to mail tab and remove the tick from  “enable mail Sync” and save the settings
10. Now click the Sync button
11. From now onwards, you phone and gmail calendar and contact  details will be in sync.