Simply Reliance - Exclusive News -Plan Variants to be Launched "Customer Chooses the Pulse"- This is truly India's Most Disruptive & Best Tariff Plan

Exclusive Updates to "Simply Reliance" Plan - India's Best and Most disruptive Telecom Tariff Plan.

I don't like to explain tariff plans to people - i believe they should understand them on their own.

But this step by Reliance Communications is an another first by them - a pioneering step which made them launch country's Most Disruptive Tariff plan on October 5th 2009 in Simply Reliance

and now in November 2009 - they are going to launch its extensions (source based news).

So here is my explanation to make people choose the best.

RCOM’s new plan extensions (to be launched) to the Simply Reliance Plan are — customer chooses the pulse plans.

(Extension Plans to Simply Reliance are not officially launched on the website still - but will be launched shortly as per the source)

After almost 3.75 years of BSNL Launching its One India Plan - this step by a Pan India operator like Reliance Communications is an another milestone in the Indian telecom industry.

They have altered the Industry landscape towards them (in their favor). Although the short term profitability impacts on the company and the entire industry are negative but the game plan currently for all the companies is to garner maximum Revenue Market Share.

Additionally RCom wants to Increase Network Utilization & be properly placed for service upgrades post 3G Launch as their current networks are already 3G ready.

This Reliance Offer is available to All its GSM + CDMA subscribers - New & Existing.

Unlike its competitors RCOM offer is applicable to All Prepaid and Postpaid subscribers - New & Existing. Also Plan Validity is for lifetime.

The Exclusive News with our Team is that they are about to Launch Variants of Simply Reliance Plan.

• They will launch a 1 paisa per second plan with Rs. 0.60 per minute cost

• and a per 180 second plan with Rs. 1 per 3 minute cost (effective cost .33 paise per minute).

Rcom's Plans are without any conditions or monthly recharge commitment.

RCOM has taken the pricing war to the pulse level. The offer to customers is simple – customer chooses the pulse duration (second, minute, or 3 minutes) and the higher the pulse duration, the lower the per-pulse charge.

RCOM's another Pricing action is similar to Volume Discounting in segments or slabs. This has and will put pressure on Incumbents like Airtel and Vodafone who are responding to the price war with a passive approach - which is ridden with lots of conditions or riders along with the tariff plans which they offer. Airtel Advantage Plan and Airtel Freedom Plan are both expensive as compared to Simply Reliance Plan by as much as 20% to 60% in various tariffs they offer and again their offers are timed - 30 day validity or 1 year validity. Unlike reliance whose offers are for lifetime.

Please find below the image showing the details of the plan: Data Marked in Gold Color is The officially launched correct data.

Thus next time you choose your operator then kindly see who offers what without any conditions attached to it. And don't go by the face value please. (We acknowledge the company website and kotak report for this information)

SEBI Takeover Code amendments in the year 2009, post SatyamGate (Satyam Scam) regarding Promoter Pledging of Shares

Friends

These updates in The SEBI Substantial Acquisition of Shares and Takeovers Regulations 1997 as amendments for 2009 have become more and more important after the Satyam Expose. 

The Satyam episode has been an eyewashing event in Indian Corporate Industry. One more proof of the fact that The Scamsters are way ahead of Regulators and Regulations are always behind the time and Markets.

Also generally in the Bear Markets the companies fall prey to a larger amount of scrutiny and oversight than in Bull Markets.  Bear market in general is the time for the regulations to come ahead at par with the Markets.

The first change has been on 28th January regarding Disclosure of Pledged shares. 

• Why this is important is that - the promotors of the company generally manage a company because of substantial number of voting rights which give them control or they manage the day to day affairs of the company by virtue of their sharehoding in the company. 
• If it's quantum changes because of pledge to (in favour of) lenders or other third parties - as it happened in satyam then the promotors naturally loose control of the company.
• Again the shareholders have every right to know all these important matters well in advance. These are events which are of material importance to all the parties associated with company.
• These events help us assess the management quality, try and tell us whether the affairs of the company are free and fair, whether or not they are misusing the funds of the company, what are the long term prospects of the company, whether promotors have sufficient faith in the business model of the company, whether they are funding their other business by way of these pledged shares, are they trying to increase their shareholding in the company because of low current market prices by way of pledging current shares in the market(eg. orchid pharma & chemical) etc.

Thus these events become important for the shareholders, analysts, regulators, government, even potential suitors i.e. acquirers, press, financial institutions, private equity players etc. all alike.

So now don't forget to see the quarterly pledge related filings by the companies to the stock markets to determine whether the company is an investment choice.  Also one part where these regulations lack is that they dont mandate the promotors to disclose the purpose of the pledging of shares. In future i strongly feel this should be made compulsory.

Now within 7 days of pledge the promotors via the company have to disclose the shares pledged.

the necessary condition is if they pledge either 

- greater than 25000 shares or 1% of voting rights or share capital whichever is lower.

The changes introduced by SEBI are mentioned below for your reference:

In the Securities and Exchange Board of India (Substantial Acquisition of

Shares and Takeovers) Regulations, 1997 -

(i) after regulation 8, the following regulation shall be inserted, namely:-

“ Disclosure of pledged shares.

8A. (1) A promoter or every person forming part of the promoter group of

any company shall, within seven working days of commencement of

Securities and Exchange Board of India (Substantial Acquisition of Shares

and Takeovers) (Amendment) Regulations, 2009, disclose details of

shares of that company pledged by him, if any, to that company.

(2) A promoter or every person forming part of the promoter group of any

company shall, within 7 working days from the date of creation of pledge

on shares of that company held by him, inform the details of such pledge

of shares to that company.

(3) A promoter or every person forming part of the promoter group of any

company shall, within 7 working days from the date of invocation of

pledge on shares of that company pledged by him, inform the details of

invocation of such pledge to that company.

Explanation: For the purposes of sub-regulations (1), (2) and (3) the term

“promoter” and “promoter group” shall have the same meaning as is

assigned to them under Clause 40A of the Listing Agreement.

(4) The company shall disclose the information received under subregulations

(1), (2) and (3) to all the stock exchanges, on which the shares

of company are listed, within 7 working days of the receipt thereof, if,

during any quarter ending March, June, September and December of any

year,:-

(a) aggregate number of pledged shares of a promoter or every person

forming part of promoter group taken together with shares already

pledged during that quarter by such promoter or persons exceeds

twenty five thousand; or

(b) aggregate of total pledged shares of the promoter or every person

forming part of promoter group alongwith the shares already

pledged during that quarter by such promoter or persons exceeds

one per cent. of total shareholding or voting rights of the company,

whichever is lower.”