With more than 80 of the debt getting reduced company will start its new journey as holding company soon after demerger of telecom business. what many seem to be missing here is these scheme will not only reduce debt but even the operational cost and financial cost. I think it will soon be renamed as it no more remains telecom company but rather a holding company just like tata investments which will have investment income from 50% holding in new merged company and other rental income with virtually no operating cost or finance cost leading to book profits and resultant dividends soon. The valuation of the company will be similar to tata investments which will be in likes of 500 in long term.
Shree Renuka Sugars Ltd has informed BSE that under the Judicial Protection Law (11.101/2005 Recuperacao Judicial), the designated court in Sao Paulo, Brazil has on July 26, 2016, approved the Re-organisation Plan of the Company's subsidiary
Shree Renuka Sugars Ltd has informed BSE that under the Judicial Protection Law (11.101/2005 Recuperacao Judicial), the designated court in Sao Paulo, Brazil has on July 26, 2016, approved the Re-organisation Plan of the Company's subsidiary viz., Renuka Vale
Mahanagar Gas looks to raise more than Rs 10 billion through IPO
Mahanagar Gas Limited IPO Update:
Opens On: 21-June-2016
Closes On: 23-June-2016
Price Band:
Opens On: 21-June-2016
Closes On: 23-June-2016
Price Band:
Rakesh Jhunjhunwala Latest Portfolio Holdings
1. A2Z Maintenance and Engineering
2.Adinath Exim Resources
3. Agro Tech Foods
4. Anant Raj
5. Aptech
6. Aurobindo
2.Adinath Exim Resources
3. Agro Tech Foods
4. Anant Raj
5. Aptech
6. Aurobindo
Reliance Communications puts up banner saying ‘4G coming soon’
Anil Ambani-owned Reliance Communications has put up a banner on its website with the words “Upgrade to 4G Coming Soon”, indicating that the company will indeed start rolling out its 4G services early next month.
Media reports has indicated earlier that the company informed the government of its decision to move
Nifty PE, PE, Div Yield, ROE, EPS Growth Rate Charts
Here are the latest Nifty valuations with long-term averages of PE,
PB and Div Yield ratios along with ROE, rolling one-year EPS growth rate
and dual moving averages obtained with the Nifty Valuation Analyzer.
The analyzer can be used to download Nifty price data automatically. Unfortunately, the NSE server
The analyzer can be used to download Nifty price data automatically. Unfortunately, the NSE server
Saudi-Iran tensions scupper deal to freeze oil output
DOHA (Reuters) - A deal to freeze oil output by OPEC and non-OPEC producers fell apart on Sunday after Saudi Arabia demanded that Iran join in despite calls on Riyadh to save the agreement and help prop up crude prices.
The development will revive oil industry fears that major producers are embarking again on a battle for market share, especially after Riyadh threatened to raise output steeply if no freeze deal were
The development will revive oil industry fears that major producers are embarking again on a battle for market share, especially after Riyadh threatened to raise output steeply if no freeze deal were
Market News 18/04/16
Economic Times
· After Zomato, Snapdeal, Grofers, more startups brace for second round of layoffs
· RBI's foreign reserves have more than tripled
· 'India ahead among EMs in recognising bad loans'
· Maruti gears up for another year of double-digit growth
· After Zomato, Snapdeal, Grofers, more startups brace for second round of layoffs
· RBI's foreign reserves have more than tripled
· 'India ahead among EMs in recognising bad loans'
· Maruti gears up for another year of double-digit growth
Nifty anyalsis 03.04.2016
nifty anylasis ::::
nifty close 7751»>
last week we told nifty gave first time above feb month 7606 so... whole week didnt go below 7606 and play upmove towards month close now this week.. we have 3 event expiry + march nav game + march monthly closing..
lastly close 7751 gave expiry 7730+ i told 7605 hold mkt will not go down respect level of monthly
nifty close 7751»>
last week we told nifty gave first time above feb month 7606 so... whole week didnt go below 7606 and play upmove towards month close now this week.. we have 3 event expiry + march nav game + march monthly closing..
lastly close 7751 gave expiry 7730+ i told 7605 hold mkt will not go down respect level of monthly
This is why you should invest in RCF
RCF is engaged in business of Fertilizer and mainly producing urea and NPK fertilizers. RCF has two major manufacturing plants in Trombay (Chembur Mumbai) and Thal (Mahahrashtra)
MAKE IN INDIA and to reduce the import of Urea, RCF has announced a brown field project for
MAKE IN INDIA and to reduce the import of Urea, RCF has announced a brown field project for
Buy Shiva Cement with target of 20 in short term and 500 in long term
Recent Events:
Q3 December ended 2015 consolidated revenue up by 4% compared to Q3 2014. PBDIT up by 6% YOY. This is inspite of maintenance shut down of 23 days during the quarter and capitalisation of finance cost relating to expansion. For Q3 results click here
Company's board decides on 14/11/15 to issue 8 million equity shares at price of Rs.6 per share on
Q3 December ended 2015 consolidated revenue up by 4% compared to Q3 2014. PBDIT up by 6% YOY. This is inspite of maintenance shut down of 23 days during the quarter and capitalisation of finance cost relating to expansion. For Q3 results click here
The Board of Directors of Shiva Cement Ltd at its meeting held on
January 18, 2016, has approved / ratified the terms of appointment of
Merchant Bankers / Financial Advisers for
negotiating with Strategic Investors for expansion plans of the Company
as accepted by the Committee of Directors at their meeting held on
November 02, 2015.Company's board decides on 14/11/15 to issue 8 million equity shares at price of Rs.6 per share on
New U.S. rule a blow to Indian pharma exporters
New U.S. rule a blow to Indian pharma exporters
Local manufacture of ingredients made mandatory
 The government will first try to resolve the issue bilaterally, failing which, it will consider
Local manufacture of ingredients made mandatory
 The government will first try to resolve the issue bilaterally, failing which, it will consider
Shiva Cement Ltd approves terms for appointment of adviser for bringing strategic investor
The Board of Directors of Shiva Cement Ltd at its meeting held on January 18, 2016, has approved / ratified the terms of appointment of
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Journey of Life of an youngster and Indian Stock market
(BSE Sensex Index)
1981 - my dad took decision to get married in 1982. SenSex = 173
1983 - I was born and also Indian cricket team winning world cup. SenSex = 212.
1984 - Indira Gandhi shot dead &
1981 - my dad took decision to get married in 1982. SenSex = 173
1983 - I was born and also Indian cricket team winning world cup. SenSex = 212.
1984 - Indira Gandhi shot dead &
Saudi Arabia could be bankrupt within five years, IMF predicts
Saudi Arabia generates 90 per cent of its income from oil - a commodity which
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