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Vishal Gupta

RIM Guru
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Everything posted by Vishal Gupta

  1. BIRTHDAY WISHES!

    Happy B'day!!!
  2. NO DISCRIMINATION IN SHARE ALLOTMENT IN RIC AND RCIL No differential price to the detriment of RIL Shareholders Mumbai, January 30, 2005 Over the past few weeks, vested interests are continuing an unabated tirade of disinformation and distortion about allotment of shares in Reliance Infocomm initiatives. In an attempt to intensify the campaign, for the last few days, misleading information is being spread through electronic and print media about these issues. This systematic and deliberate propaganda is targeted at Reliance Infocomm and its Chairman. The following facts about the equity pattern of RIC and RCIL make it clear that insinuations implicit in this disinformation campaign are totally false. It has been alleged through a certain section of the media that Reliance Infocomm Limited (RIC) and Reliance Communications Infrastructure Limited (RCIL) have allotted shares to Reliance Industries Limited and Corporates (MDA Investment Cos.) at different rates to the detriment of the RIL shareholders. This allegation is baseless. While financial analysts and experts can, no doubt, see through the deliberate misrepresentations, laypersons may be confused by sensationalisation and distortion of information available in the public domain. Therefore, at the very outset, we would like to restate that there has been no difference in either the share prices or the number of shares allotted to RIL or Corporates (MDA Investment Cos.). The correct facts are being presented once again about equity pattern of RCIL and RIC to make it abundantly clear that all transactions pertaining to the equity investments have been conducted in a manner that is fair to all the equity partners. RCIL EQUITY PATTERN * RCIL is the holding company of RIC. * The total equity base of RCIL is 200 crore shares. * Of these, 90 crore shares are allotted to Reliance Industries Limited and 90 crore shares are allotted to Corporates (MDA Investment Cos.). * The other 20 crore shares is held in a trust for Business Associates and Employees. * Initially, RCIL issued 81 crore shares each to Reliance Industries Limited and Corporates (MDA Investment Cos.) at par (i.e. Rs. 1 each). * Subsequently, RCIL issued 9 crore shares each at Rs.250 to both Reliance Industries Limited and Corporates (MDA Investment Cos.). * It is clear that a total of 90 crore shares each at an aggregate price of Rs.2331 crore averaging to Rs.25.90 per share were issued to both Reliance Industries Limited and Corporates (MDA Investment Cos.) at the same terms, price and time. So, the allegation that RIL has been issued shares at Rs.250 and the others at par is totally baseless. Both RIL and Corporates (MDA Investment Cos.) have been issued the same number of shares at the same price at the same time. Hence the question of any discrimination to Reliance Industries Limited or loss to its shareholders does not arise at all. RIC EQUITY PATTERN * RIC is the operating company pursuing major infocomm business activities. * The total equity base of RIC is 416.35 crore shares. * RCIL, the holding company of RIC holds 321.85 crore shares by investing an amount of Rs.2941.17 crore at an average price of Rs. 9.13. * In addition to this, RIC has issued 31.5 crore shares each at par (i.e. Rs.1) to the following three categories : a. Reliance Industries Limited b. Corporates (MDA Investment Cos. and Associates) c. Trust for Business Associates and Employees So, it is clear that RIC has not issued any shares at a price of Rs.250 to any investor. Additionally, there is no discrimination in the allotment of shares between Reliance Industries Limited and Corporates (MDA Investment Cos. and Associates).
  3. Some Dhoom ringtones in diff. sounds! Dhoom Machale - Dhoom Machale Title Dhoom Signature - Dhoom Theme Dhoom Slow - Dhoom Theme but slow & loud Dhoom Whistle - In whistle format All in MIDI & DAT format! Dhoom.zip
  4. Invision Power Board 2.0 Installed !

    Admin & mods! The forum is showing Technical/Programming Section for guest also! Today when i opened the forum, its showing this section in guest mode, but it should not be there cauz only members r allowed to enter this section! pls check it!!!
  5. Whats Ur Os ?

    There r some Linux Distributions, in which u don't need to install and u can boot from the Bootable CD and can work in Linux as u hv installed it! I found such distribution "Knoppix" in DIGIT DVD. U need only to boot from CD and work in Linux!
  6. New Skins !

    Good work, Arun! But i found IPB Default Skin the Best!!! and i think there is some spelling mistake in some skin names: Winterlund It should be Winterland Air_Expanced It should be Air_Expanded And why Vanilla Cola 2 If there is no Vanilla Cola 1?
  7. BIRTHDAY WISHES!

    Happy B'day!
  8. BIRTHDAY WISHES!

    Happy Birthday!!!
  9. Whats Ur Os ?

    Win98SE rulez!
  10. Unable To Install Rconnect On Lg 5130

    May be LG 5130 also add some Extra Initialization String in its Modem settings while installing RConnect s/w, as it adds in case of FWP? cauz if we install a modem for FWP using windows add hardware wizard and not add that extra string, then FWP also shows such thing Modem Data on its screen. So if someone else also using RConnect with LG 5130, can confirm this by going into Modem settings and see under Extra Initialization String!!!
  11. Linux Driver For Prolific 2303

    Yah! I'm using RConnect in Red Hat Linux 9 without any problem! But my cable is a serial one. U can try /dev/modem as ur COM port!
  12. Whats Ur Os ?

    Deepu! I don't know about the new version of XPDE, but some months ago i installed an older version of XPDE in Red Hat Linux 9. It was very buggy so i uninstalled it after some days. Hope the new version will work well!!!
  13. Whats Ur Os ?

    Guys! If u want Yahoo! messenger for Red Hat Linux 9, Its here: D/l Yahoo! For Linux
  14. Invision Power Board 2.0 Installed !

    I'm facing a problem in the forum! Whenever i open any page in this forum, the page is opened successfully but after a few seconds an ERROR message is displayed: This ERROR message is shown two times in each page approx. Is anyone facing same problem? PS: I'm using Firefox browser.
  15. Area (GPS) displayed on Nokia 2112

    U can search for an option, like Cell Info Display or Info Message or Info Service in ur Nokia phone! If its there u can turn it off. PS: I don't hv Nokia CDMA set only GSM, and in all Nokia GSM phone there r such options and i think they must be in CDMA phones also!
  16. Converting .dat To .mid

    d/l Nokia PC suite from nokia site and use its Nokia Sound Converter application, open any Dat file and save it, it'll automatically save it into Midi format. So Simple!!! and about PSM Player, U can d/l it from here: D/l PSM Player
  17. Area (GPS) displayed on Nokia 2112

    Very true! All Nokia GSM phones also hv the same feature, calles "Cell Info Display", which shows the location of service tower, from which the phone is getting signals! Nothing related to GPS or nething!!!
  18. BIRTHDAY WISHES!

    Happy Birthday!!!
  19. Happy Republic Day!

    Happy Republic Day to all members, mods & admin of our forum and also all INDIANS!!! JAI HIND!!!
  20. Forum Time Problem

    Yah now its showing the right time 4 me also!
  21. Free Net Voucher ?

    And to stop free Rconnect bug in pre-paid!
  22. Guys! I read somewhere on the net that. If u call anybody by NOKIA and when call connected then dial *228 and press call button then your call will not be updated. Is it true? When u do this then u'll not see timer on screen! But have anybody tried it?
  23. Free Outgoing Calls With Nokia

    It means it worked in past days! gr8!!! Did anyone tried it?
  24. RIM Helpline / Service Nos.

    What will happen if we dial 600? I mean what we listen and what is the use of this number? And how much will we charge for it?
  25. How do we create Ringtones?

    Another s/w to convert Midi files into DAT files, is RDRingtone Tool ver 1.0 (Created by StaticElectricity) Its very simple & easy to use s/w! It asks Input midi file and converts it into Dat file, It also cut the large Midi file into the size required for RD 2030! U can d/l it from here: http://www.rimweb.com/forums/index.php?act...ype=post&id=122
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