Jul 29, 2013

Sensex crashes 769 points Rupee hits 62

Update Aug 16: Changed the title of the post from "Indian Economy crashed on Q1 2013" to

Indian companies reported its worst results in five quarters.
After Suzlon energy, Lanco Infratech Ltd.  to go for a major loan restructuring.
NPA growing in quarterly reports filed by banks like Vijaya Bank, Allahabad Bank.
Profit of Cement and  Infrastructure companies are taking a toll. See the performance of Larsen , JP Associates etc.

Jaiprakash Associates tumbles over 20% in four sessions. Jaiprakash Associates hits 52-week low on Q1 earnings
Jaiprakash Associates fell 2.16% to Rs 40.85 at 12:53 IST on BSE as the company's Q1 June 2013 result was boosted by an exceptional non-recurring income.
-Business Standard says

India’s largest engineering and construction conglomerate was the worst Sensex performer of the week, with its shares losing 13.2 percent after June-quarter results disappointed markets.

The company warned of a tough road ahead when it reported a 12.5 percent fall in net profit on July 22, as a slowing economy continues to hurt. Shares in L&T fell more than 7 percent on results day and ended in the red in all but one trading session this week.
-reports Reuters.com

The sector that is showing good performance now is IT as the business is outside India? or due to Mutual Fund's interest or due to weak rupee?

Jul 17, 2013

Today in Tech - Whatsapp Paypal and Amazon

These are the top stories today.

0. PayPal accidently made a Pennsylvania man, Chris Reynolds the richest person in the world after transferring $92,233,720,368,547,800 (or $92 quadrillion) into his account, the Daily Mail reports.

1. Whatsapp mobile messenger simplified their business model so that all users on all platforms will enjoy their first year of WhatsApp service for free, and only pay $.99 per year after that. The good news for all current iPhone users is that WhatsApp will be free of charge for the rest of your life.
Source :Whatsapp Blog

2. Foreign investors can now invest up to 100 percent in the courier services sector in India and will not need Indian government approval. This is boon for Amazon.com which plan to start courier service in India.

3. Google Glass Hacked With QR Code

4. Large file sharing site yousendit.com is now hightail.com Even the apps are ready...

Jul 14, 2013

How to book IRCTC Train Tickets via mobile

* The services will not be available between 0800-1200 hrs. However, the ticket can still be booked using mobile through IRCTC main site www.irctc.co.in
Indian Railway e-ticket now on mobile

IRCTC introduces for the first time a non-internet based ticketing system that will empower masses even in remote areas to use the omnipresent mobile device to make reservations.
Millions of rail travellers can now use their mobile phones to book tickets in a simple, convenient and secured manner.
It uses simple SMS or menu-based USSD technology which works on all mobile phones and involves no internet and costs very little.
The services can be currently availed by IRCTC registered users only.

Advantages of booking IRCTC tickets via mobile

  • No need to stand in long queues or log onto the internet.
  • Simple, reliable and secured.
  • Accessible to any mobile user.
  • Very little charges for accessing the service.
  • Works on all handsets.
  • Simple user guided menu - book tickets, search for stations, trains, availability.

1. USSD based booking through Airtel*


Register for Airtel money by dialing USSD (Unstructured Supplementary Services Data) number *400#.
Load cash on this or recharge from any Airtel money outlet.

Booking Flow

Dial *400# and select book tickets option.
Select Reservation.
Enter your IRCTC User ID.
Enter the details of ticket (station, train no. date of journey, class etc.).
Enter mPIN for authorizing payment through Airtel money.
Booking confirmation SMS is sent by IRCTC and same can be used during journey along with valid ID proof..
Fare & service charges are debited from your Airtel money account.
PG Charges: Currently NIL
Agent Service Charges: Currently NIL
Helpline No.: 121
Helpline Email : 121@airtelmoney.in

2. SMS based booking through 139*


Register your mobile number with IRCTC as well as with your bank.
Bank provides MMID (Mobile Money Identifier) & OTP (One Time Password) through IMPS (Immediate Payment Service) option.
More than 25 banks are providing IMPS facility. For generating MMID & OTP, visit website: http://www.npci.org.in/impsmerpay10.aspx.)

Booking Flow

Generate OTP through your Bank for authorization of payment.
Send SMS, in the following syntax, to 139 BOOK
You will receive Transaction ID alongwith other details.
Make payment through sending an SMS, in the following syntax, to 139 PAY and your ticket is booked; confirmation SMS is received on your mobile and same can be used during journey along with valid ID proof.
Service is available to all mobile subscribers.
SMSes @ Rs 3/- per SMS (2 SMSes are required for each booking).
PG charges Rs 5/- for ticket amount < Rs 5000/ and Rs 10/- for ticket amount >= Rs 5000/- (as applicable by bank).
Agent Service Charges: NIL
Helpline No.: 139
Helpline Email : smsticket139@bharatbpo.in

3. SMS based booking through 5676714*


Register your mobile number with IRCTC as well as with m-wallet (http://www.zipcash.in/user/nlogin.aspx)
Send SMS, to 5676714, in the following syntax START < irctc user Id > for user authentication (first time only)

Booking Flow

Send an SMS to 5676714 to book a ticket in the following syntax: BOOK ,, , ,,,,
1. "PAY , MPAY, < m-PIN >" for authorizing payment through MPAY
2. "Send ,,, ," to your Bank IMPS number.
After payment is made booking confirmation is sent to your mobile.
SMSes @ Rs 3/- per SMS (2 SMSes are required for each booking).
PG Charges: Currently NIL
Agent Service Charges: As applicable.
Helpline No. : 8882001001
Helpline Email : support@saarthii.com

4. SMS based booking through BSNL*

User should have the following:

1. BSNL SIM card installed.
2. Java enabled mobile phone.
3. Andhra Bank Prepaid card.
This is a menu driven application where user has to enter the details asked for in simple step-by-step process to get the ticket.


Install the application.
Select the Register option to get the mPIN.


Click the icon BSNL Prepaid Card
Select Ticketing > Train (IRCTC)
Fill up the journey details such as From stn, To Stn, Train No, DOJ, Class, Quota, passenger details.
Enter the mPIN to get the ticket information.
SMSes: without charges.
PG Charges: Currently NIL
Agent Service Charges: As applicable.
Helpline No. : 040-39849644
Helpline Email : bsnl.support@pyrogroup.com

E-ticketing through IRCTC website, www.irctc.co.in, has revolutionized the way the common man deals with the railways and has been the biggest success story of e-governance in India. Taking this further, keeping an eye on growing mobile phone market in India, IRCTC now launched two other modes of ticket booking through SMS and USSD... and you don`t need an Internet connection in your mobile for this.
So, next time you book a rail ticket, take out your mobile.