Cochin Shipyard

Coordinates: 9°57′17″N 76°17′17″E / 9.954585°N 76.28814°E / 9.954585; 76.28814

Cochin Shipyard Limited (CSL) is one of the major shipbuilding and maintenance facility in India. It is part of a line of maritime-related facilities in the port-city of Kochi, in the state of Kerala, India.

Of the services provided by the shipyard are building platform supply vessels and double-hulled oil tankers. Presently it is building the first indigenous aircraft carrier for the Indian Navy.

Cochin Shipyard was incorporated in 1972 as a Government of India company, with the first phase of facilities coming online in 1982. The yard has facilities to build vessels up to 1.1 million tons and repair vessels up to 1.25 million tons, the largest such facilities in India. In August 2012, the Government of India announced plans of divestment to raise capital of 15,000 million rupees (₹1,500 crore) for further expansion through an Initial Public Offering (IPO]) towards the end of the fiscal year.

Initial public offering

Initial public offering (IPO) or stock market launch is a type of public offering in which shares of a company usually are sold to institutional investors that in turn, sell to the general public, on a securities exchange, for the first time. Through this process, a private company transforms into a public company. Initial public offerings are mostly used by companies to raise the expansion of capital, possibly to monetize the investments of early private investors, and to become publicly traded enterprises. A company selling shares is never required to repay the capital to its public investors. After the IPO, when shares trade freely in the open market, money passes between public investors. Although IPO offers many advantages, there are also significant disadvantages, chief among these are the costs associated with the process and the requirement to disclose certain information that could prove helpful to competitors. The IPO process is colloquially known as going public.

Security and Intelligence Services (India)

Security and Intelligence Services (India) (SIS) is a private security solutions provider in India and Australia. It is based in New Delhi, India. It was set up in 1974 by Ravindra Kishore Sinha. Today SIS is one of the largest manpower security firms in the Asia-Pacific region with sales in excess of INR 1850 crores (31 March 2011). The company offers security services to bank, hotels, institutions,IT & ITES, residential colonies, Retail and commercial establishments. It also offers electronic security systems, consulting, housekeeping and security services like pre employment verification & surveillance, Cash services which include transfer of cash and valuables and ATM replenishment and recruitment and training services. The company has over 3000 corporate customers which include major industry players such as Tata Steel, Tata Motors, ICICI Bank, Idea Cellular and Future Group. It has around 52,000 permanent employees.

Some service based organizations provide security services like security guards & surveillance facilities with advanced security training

Face value

The face value is the value of a coin, stamp or paper money, as printed on the coin, stamp or bill itself by the minting authority. While the face value usually refers to the true value of the coin, stamp or bill in question (as with circulation coins) it can sometimes be largely symbolic, as is often the case with bullion coins. For example, a one troy ounce (31 g) American Gold Eagle bullion coin was worth and sold for about $1,200 USD during 2009 market prices (as of November 14, 2009) and yet has a face value of only $50 USD.

Overview

The face value of bonds usually represents the principal or redemption value. Interest payments are expressed as a percentage of face value. Before maturity, the actual value of a bond may be greater or less than face value, depending on the interest rate payable and the perceived risk of default. As bonds approach maturity, actual value approaches face value.

In the case of stock certificates, face value is the par value of the stock. In the case of common stock, par value is largely symbolic. In the case of preferred stock, dividends may be expressed as a percentage of par value.

The Research

The Research were a band from Wakefield, England. The members were : Russell 'The Disaster' Searle (vocals/guitar/synthesizers), Georgia Lashbrook (bass/vocals/harmonica), and Sarah Williams (drums/vocals). Their songs - typically about themes of love, loss and fear - are notable for their plaintive lyrics and vocal harmonies.

In February 2006 they released their debut album, Breaking Up, via At Large Recordings, a subsidiary of EMI. Following the album's release, the band parted company with At Large, and signed to This Is Fake DIY Records, with whom they released their second album. The Old Terminal, and its accompanying single "I Think She's The One I Love", were released in autumn 2008.

In the time between the end of the band's promotion of their debut album and the announcement that they had left EMI, the band's MySpace.com blog detailed the recording of a second album in various places including Malmo, Sweden, where the band reportedly worked with Cardigans producer, Per Sunding. The band also announced that they had recruited a lead guitarist named Johnny White, and that Searle had moved from playing a keyboard live to playing guitar. The band played several concerts in this configuration before White left the band and was not replaced.