Amulyam- A new facet of Social networking

Social Networking has acquired newer faces in the present world. We have seen Facebook, LinkedIn, Twitter, Orkut, High Five, etc and such other social networking websites where people can connect with each other and make friends with them.

In this big influx of social networking websites, a newer kind of websites have come up which provide you earning opportunity apart from making friends or sharing your feelings. An example of these websites are the portals which provide registered users the facility of earning free recharge on their pre-paid mobiles by doing simple tasks e.g playing games and reading facts.

Amulyam (www.amulyam.in) is such a website where you can earn free recharge by simply logging on to your a/c daily and referring your friends to become members. Apart from this you can earn plenty of recharge by playing and creating contests, learning vocabulary, checking and creating humor pics, playing Trivia Games and even clicking bonus promotional mails that you receive on your registered email id. Sometimes special offers are also provided where also you can earn good recharge.You can earn free recharge coupons by doing transactions with leading websites like yatra.com, travelguru.com, snapdeal.com, kyazooonga.com, etc.

Besides this you can use "missed call finder" and "pincode finder" facility provided by website to track calls you receive on your phone. Thus, in a way, this website is a package in itself. If you wish to join follow this URL: ttp://www.amulyam.in/signup.do?id=48d811dd-d5f6-451d-8e43-d124c3f92e36.
 It is pure fun and good utilization of your free time and saving of your mobile expenses.

Do let me know your feedback on the article and the website

EIH to raise over Rs 1,160 cr through rights issue

EIH Ltd that runs the Oberoi and Trident brands of hotels and resorts will raise over Rs 1,160 crore through a rights issue that will open next month.

In a filing to the Bombay Stock Exchange, the company said it will issue 17.86 crore equity shares on a rights basis to its existing shareholders "aggregating to approximately Rs 1161 crore".

Five equity shares will be issued for every 11 equity shares held by the shareholders as on the record date of February 22, it added.

The issue will open on March 1 and will close on March 15, it said.

The issue price will be Rs 65 per equity share, including a premium of Rs 63 per share.

After the issue, the company's shares will increase to 57.16 crore from 39.3 crore at present.

EIH's rights issue has been closely followed by market watchers as rival ITC and Reliance Industries (RIL) are on the verge of exceeding the open offer threshold of 15 per cent stake in the hospitality major.

While ITC has 14.98 per cent stake in EIH, RIL has 14.8 per cent stake

German firm may buy New York Stock Exchange

The citadel of American capitalism soon could be foreign-owned.

The parent company of the New York Stock Exchange is in advanced talks to be acquired by the owner of the Frankfurt stock exchange in a deal that would create a behemoth financial-market operator valued at about $25 billion.

The transaction being negotiated by NYSE Euronext and Germany's Deutsche Boerse would put the Big Board's trading floor, which became a flag-draped patriotic symbol in the wake of the 9/11 terrorist attacks, under overseas control

Facebook and Google in Talks to Acquire Twitter

Internet giants Google and Facebook have been reported to be in talks for acquiring Twitter. Reports indicate the the microblog is estimated at $8-10 billion. However, reports also indicate that in 2010, Twitter's revenue was only about $45 million and due to the cost of hiring more staff and getting more data centers, Twitter actually lost money. They are projected to make $10-11 million in 2011.

Since Twitter launched in 2006, the company has grown significantly. It has 200 million registered users, a staff of nearly 350 people and the company is searching for a new office near San Francisco. Since the launch of Twitter, both Google and Facebook launched services to compete with the microblog. Google launched Buzz, which hasn't caught on, and Facebook launched status updates, or the "What's On Your Mind" service which has caught on. If Google acquires Twitter, they're more likely to invest in the company and grow it. However, since Facebook already does what the microblog does and more, it seems to me they'd be more likely to swat Twitter like an annoying little fly. We'll just have to wait and see.

Peugeot to re-enter India with mid-sized sedan

After a 10-year hiatus, Europe's second-largest carmaker, PSA Peugeot Citroen, has announced plans to re-enter the Indian market with a mid-sized sedan.

The company has announced its intention to enter the Indian market with both commercial and industrial operations. It has appointed Rajesh Nellore as the Managing Director for the India operations who will operate out of Mumbai. It has also set up an office in Chennai.

It plans to produce a mid-sized and a compact car, but the company did not mention any product plans for the local market. Peugeot Citroen had earlier decided to go slow on its Indian plans on the back of global economic slowdown. It has now finalised a greenfield plant in India to manufacture vehicles locally.

The company's executives had been scouting for a location in Tamil Nadu and Andhra Pradesh to set up a facility but not reached any decision. Peugeot had earlier conducted a feasibility study and had found products like the C5 sedan and the C1 compact car would be able to tap the vast potential in the Indian passenger car market that is expected to reach 22 lakh units in 2010-11 fiscal.


The Citroen C5 comes with both petrol and diesel engine options internationally and will take on the like of Honda City , Maruti Sx4, Volkswagen Vento and the Fiat Linea in India. It could be followed by the five-door smaller car C1 hatchback that could be pitted against popular cars like the Maruti WagonR, Hyundai i10, Chevrolet Beat and the Ford Figo in the compact car segment, which forms over 70% of new cars sold in India. More than a decade back, Peugeot had forged a venture with the Doshi family-owned Premier Automobiles India but pulled out in 2001 after its lone model Peugeot 309 failed to excite Indian customers.

TCS to hire 37,000 from campuses next fiscal

IT major Tata Consultancy Services (TCS), today said it plans to hire 37,000 professionals for its domestic and overseas markets through campus placements in the next fiscal. Hiring ratio will be around 54:46 trainee and lateral respectively.

The company had hired 27,500 professionals through campus recruitment last year.
The country's largest software exporter said it has hired 50,000 personnel in the nine-month period ended December 2010 and expects to add another 12,000-15,000 in Q4.

TCS added 20,219 people (gross) during the quarter (Q3 FY 11), its highest addition yet, taking its total headcount to 1,86,914 at the end of the December quarter.

GM adding 650-plus jobs at Michigan plant

General Motors Co . will add a shift and more than 650 jobs at its assembly plant in Flint where it makes the hot-selling GMC Sierra and Chevrolet Silverado pickup trucks, a person familiar with the plan said Saturday. The move is yet another sign that truck sales are on the rise for the recovering automaker.

An announcement is scheduled for Monday and comes as Chevy sales to small businesses have increased for three straight months, which GM says is an indication that small businesses across the country are beginning to reinvest.

The Detroit News reported earlier Saturday about the additional jobs at the factory.

The plant, which employs more than 2,000 hourly and salaried workers, builds the heavy-duty Chevrolet and GMC Sierra crew and regular cab trucks and the light-duty Chevrolet Silverado crew and regular cab trucks.

The additional workers will come from GM's pool of laid-off workers, so no new employees will be hired, the person briefed on the announcement said. In the fourth quarter of last year, GM had about 3,500 laid-off workers in the pool nationwide.

There will be no added investment at the plant because GM is adding a third shift that will use the same equipment as the first two shifts.

A message seeking comment was left by the AP on Saturday with Ben Mata, president of United Auto Workers Local 598, which represents the plant.

The birthplace of GM, which sits 50 miles (80 kilometers) northwest of the company's headquarters in Detroit, Flint was once was a powerful auto manufacturing town, but its economy and population have steadily declined over the past few decades. Flint Assembly opened in 1947 when the city was in a much different situation