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
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