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NSIL's Treasury Management & Administration Division recommends Investment in Private Equity

“The TM&A Division with an eye on the heated stock market has recommended investment in private equity. Although parking funds in private equity means returns in five years, we are optimistic our performance shall deliver.” – Minesh Modi, NSIL
Issued By: Netlink Solutions India Limited
Sep 05, 2007 03:55:08
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FOR IMMEDIATE RELEASE

PRLog (Press Release) – September 05, 2007, Mumbai, India - The following are the contents of Netlink Solutions India Limited’s Director, Mr. Minesh Modi’s speech at the Annual General Meeting of the company held on August 30, 2007.

“Associates: Like always, it is a pleasure addressing you as the Managing Director of Netlink Solutions India Limited on the occasion of yet another Annual General Meeting. The year has been fine. We’ve been growing, constantly evolving, and on the way creating and adding value. We’re doing this with an eye on consolidating growth, and with an aim to sustain growth.

For the year 2007-2008, we’ve decided on a plan of action. An action plan to continue practicing good business ethics in order to strengthen our foundations, which are based on value creation and consolidation of growth. We request your faith in us to ensure we achieve.

This year Aditya Infotech Limited has consolidated its position as one of the top leading Search Engine Marketing companies. The evolution has been complete from Search Engine Optimizer to Search Engine Marketer. Consolidation has been the result of sound and successful Search Engine Marketing Management principles. We’ve been positively soliciting enquiries for association from businesses worldwide. We’re making a mark on the Internet and in the Information Technology Industry, and we’ve decided to move forward in the upwardly mobile direction. Through 2007-2008, we intend to hone the cutting edge.

At this juncture, it would not be wrong to state that the world with trade on its mind has been profitably sifting through the information we have collected and organized online. We’ve gained a fine reputation for being smart Content Managers. We’ve done this with the Directories Division successfully positioning portal easy2source.com as a top Business and Trade Information Source. Through 2007-2008 and further, we intend to consolidate this position, and be on our way to being the information source the world depends on.

The works are happening at the Magazines Division. Editions of the printed Gifts & Accessories Magazine have reached out and circulation has increased rapidly among well-known manufacturers, suppliers, and corporations throughout India. The launch of the magazine’s new avatar, the Gifts & Accessories E-Magazine evoked a pleasant and positive response, with portals easy2source.com and corporategifts.easy2source.com easing the only one of its kind magazine into the electronic world of information and commerce. Gifts & Accessories Magazine since then has evolved into an upper crest up-market publication. From India’s only Corporate Gifts & Accessories Magazine in print to the India’s only Corporate Gifts & Accessories Magazine both offline and online, the journey has been a moving experience, and we intend to consolidate where growth is inevitable, both in India, and around the world.

The Treasury Management & Administration Division with an eye on the heated stock market has recommended investment in private equity. Although parking funds in private equity means returns in five years, we are optimistic our performance shall deliver.

Invigorated with successes, we’re poised to surge ahead and grow from strength to strength in 2007-2008. We shall prevail.”

NSIL has announced its results for the year ended March 2007. The company has reported Rs. 118 Lacs net profit after tax, an equity base of Rs. 296 Lacs with Earning per Share at Rs.0.40, and the total income of the company has seen growth from Rs. 196 Lacs in 2005-2006 to Rs. 209 Lacs in 2006-2007.

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Listed on the BSE (Bombay Stock Exchange), Netlink Solutions India Limited houses India's First Gifts & Accessories Magazine, a Business to Business Magazine with editions in print, on compact disc, and online (giftsnaccessories.com), and with several titles related to advertising and promotions. NSIL's Directories Division includes internet's well-known easy2source.com, gnaol.com, and a vast number of industry-wise categorized websites like corporategifts.easy2source.com, handicrafts.easy2source.com, etc. (some complete and some with work in progress), dedicated to information and content management. Netlink also houses Search Engine Marketers Aditya Infotech, the company's prized Information Technology Division.

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Website:http://www.easy2source.com
Email:Click to contact author
Phone:91-22-26335583
Fax:91-22-26371746
Address:507 Laxmi Plaza, Laxmi Industrial Estate,
:News Link Road, Andheri West,
City/Town:Mumbai
State/Province:Maharashtra
Zip:400053
Country:India
Categories:Business, Finance, Publishing
Tags:nsil, treasury management, investment, private equity, stock market, modi, netlink solutions, 118, 296, 0.40, 196, 209

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