Invest in the best stock opportunities right now and every-time.
Start Systematic Stock Investing ...in less than a minute.
The Ministry of Information & Broadcasting has received 28 applications for the first batch of FM Radio Phase III auctions with the applicants cumulatively submitting Earnest Money Deposit (EMD) of about Rs 316.91 crore.
The government has invited applications for the e-auction of 135 Private FM Radio Channels in 69 cities with existing services. The applications are subject to requirements and scrutiny, after which the ministry will release a list of pre-qualified bidders, which is expected to be out by April 23. The first batch of e-auctions will see the addition of new radio channels in cities such as Chennai, New Delhi, Bengaluru, and Ahmedabad. In each of these cities one FM radio channel is up for grabs.
Reliance Broadcast Network, Times Group’s Entertainment Network (India), Sun TV Network , HT Media, Jagran Prakashan’s Music Broadcast Pvt, DB Corp, Embassy Nirman, Malar Publications, Nirmal Sagar Buildcon, Kal Radio, South Asia FM, Sun TV Network, Digital Radio (Delhi) Broadcasting, Digital Radio (Mumbai) Broadcasting, Abir Buildcon, Remi Overseas and Sunplant Broadcasting are among the companies that have applied to participate in the FM radio auctions. It has been reported that 15 of the companies that have applied already hold licences for private FM channels under Phase-II.
Currently, 243 FM radio channels are operational in 86 cities of which 21 private FM radio channels were set up in Phase-I and an additional 222 channels were opened during Phase-II. Phase-III of the expansion of FM radio services seeks to pave way for introduction of private FM radio channels in 253 new cities, each having a population of more than one lakh as per Census-2011.
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
