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Showing posts from 2015

Major stock/ sector news in focus

Major Stock/Sector News in Focus: # RBI allowed banks to fund cos. step-down units abroad, revised rules for opening branches in rural areas # Avanti Feeds Invests 846m rupees into Avanti Frozen Foods # Aurobindo Pharma gets tentative approval for Bivalirudin # Canara Bank raises 15b rupees selling tier-II bonds # Clariant Chemicals competition Commission approves co.’s plan to buy part of # Vivimed Labs personal-care portfolio # Corporation Bank allots 28.2m shrs to LIC at 50.78 rupees each # FSL makes 3rd qtrly repayment of $11.3m on debt # Gammon India lenders close to selling stake in co. units: ET # HDFC gets 570m-rupee profit from sale of investments # IDBI Bank gets India approval to raise 37.7b rupees # Indian Oil cuts gasoline, diesel prices; signs pact w/ Petronet LNG (PLNG) for additional supply of 0.3 MMTPA of RLNG # IL&FS Transportation gets Madhya Pradesh Road Development’s provisional certificate for road completion # JMC Projects to offer 2 right

Recommendations for 2016

🔵 Here is a compilation of stock recommendations for calendar year 2016 from top brokerage and research houses: 👉 BNP Paribas HDFC Bank, Infosys 👉 Credit Suisse Overweight on consumption (best play on broad-based pick-up; pay commission), and underweight financials (asset quality). Likely outperformers: Tech Mahindra, HUL, UltraTech Cement, Tata Motors. Recommend shedding positions in SBI and Bharti Airtel. 👉 Nomura Remains overweight on India; and the technology, industrials, discretionary and banks and insurance sectors. Maruti Suzuki, Axis Bank, Container Corporation of India, HCL Tech among top picks. 👉 Edelweiss Research Dalmia Bharat, Jamna Auto Industries, Natco Pharma, Siyaram Silk Mills, United Spirits 👉 Religare Retail Research Amara Raja Batteries, Britannia Industries, Century Plyboards (India), Somany Ceramics 👉 Motilal Oswal Securities SBI, ICICI BANK, BPCL, Interglobe Aviation (Indigo), Bharat Forge, Ashok Leyland, DHFL, Inox Wind, Vinati Organics an

Company buzz

 Company buzz Business Standard Ø  Now, single foreign entity may get to hold 15% in Indian bourses Ø  Global economy, pvt investment main challenges: FM Ø  Govt approves Amended TUF Scheme, to create jobs Ø  Centre clears Rs 12,000 cr Coastal road project in Mumbai Ø  Windfall awaits oil cos as under-recoveries to dip Ø  Govt fears Rs 50K cr shortfall in divestment proceeds Ø  Demand for big oil ships up on OPEC output limit ban Ø  RCom, Aircel to pare debt to Rs 20,000 cr ahead of merger Ø  Government calls off fourth round of coal block auctions Ø  Civil aviation policy to come for cabinet nod in January Ø  IT dept publishes names of 18 defaulters owing over Rs 1,100 crore Ø  Sebi to seek report from commexes and traders on IT raids Ø  Italian tax authorities fine Apple $347 mn for fraud Ø  Prakash Steelage to sell 12.47% more stake in JV to Tubacex of Spain Business Line Mint Ø  Balco unions petition PMO to bail out struggling aluminium industry Ø  Tata Inte

Market Buzz

Market Buzz Business Standard Ø  Vodafone in talks to buy Tikona's 4G spectrum Ø  'FDI flow into India jumped by 35% in last 17 mths' Ø  Housing in stake sale talks with Snapdeal, News Corp; deal may be inked by Q2 of 2016 Ø  Saudi economic plan shows it is ready for cheap oil Ø  $38 bn state funds misused: China's chief auditor Ø  United Spirits' net worth more than halves; seeks refuge under BIFR Ø  Friday trading needed for Israel to join MSCI Europe index Ø  Global sovereign, pension funds to invest in NIIF: Jaitley Ø  Centre drafts imported coal-based UMPP guidelines Ø  Standard Life gets FIPB nod to raise stake in HDFC Life to 35% Ø  CARE surges on MoU with Japanese credit rating agency Ø  Airtel adds 4G spectrum in MP; acquires 74% stake in Augere Ø  BPTP promoters to buy back stake from CPI, JPMorgan for Rs 693 cr Business Line Mint Ø  Budget to project pro-reform image even as GST roll-out is in limbo Ø  Apex court upholds Kerala liquo

Market blues

Thoughts: Take a pause!!  The Future Belongs To Those Who Prepare For It Today…  So Let’s Learn from Yesterday, Live for Today,  Hope for Tomorrow. So It’s a time when some may pause to look back and cherish the happy moments while others will pause to look forward and hope the New Year 2016 brings good tidings for our health, wealth and family.  After some jingle for last couple of sessions, the Indian equity market is likely to start on a tad flat to negative note  As the last expiry of the calendar year takes place this week on Thursday, a lot has happened in terms of sentiment especially in the last couple of weeks.  With most investors likely to be on a holiday from Friday for the last week of calendar year, the volumes will remain understandably lower but choppiness could increase especially towards the end of the year.   Most Japanese stocks gained after the Topix index capped its longest streak of weekly losses in almost two years. U.S. equity-index futures were lit

Company news

*SUN PHARMA UNIT RAISED 10B RUPEES VIA PRIVATE PLACEMENT *SUN PHARMA UNIT RAISED 10B RUPEES VIA NON-CONV. DEBENTURES *STATE BANK OF INDIA ISSUED 40,000 TIER-LL BONDS *RELIANCE INFRA SAID TO ANNOUNCE CEMENT DEAL BY YEAR END *RELIANCE INFRA SAID TO SEEK 50B RUPEE VALUE FOR CEMENT PLANTS *RELIANCE INFRA SAYS IT HAS SHORTLISTED 7 POTENTIAL BUYERS *THOMAS COOK INDIA NAMES MADHAVAN MENON AS CHAIRMAN, MD *RIL'S 2 CBM BLOCKS HOLD 103.36 BCM GAS RESERVES: PRADHAN *RIL SPENT $129M IN EXPLORING CBM IN MADHYA PRADESH: PRADHAN *RIL YET TO START COMMERCIAL OUTPUT OF CBM IN MADHYA PRADESH *STRIDES TO ALLOT 8.6M SHRS AT INR1,278 EACH IN QIP *MAHARASHTRA GOVT TO ABOLISH KOLHAPUR TOLL OPERATED BY IRB: BS

Are our mod-caps and small caps overheated?

Time to Think!!💭💭 Are India Mid Caps and Small Caps Overheated?? Would Money may Flow to Sensex Stocks?? ✔ Analysed movements in India's three bellwether indexes, the BSE Sensex, BSE MidCap and BSE SmallCap, since May 12, 2014 (general election results week). till December 18, 2015.  Clearly, while the BSE Sensex has had a dream run since May 2014, it is actually the MidCaps and the SmallCaps which have generated higher returns, as displayed by the performance of the two indexes. 💥 Index Returns b/w 12-5-14 and 18-12-15 BSE Sensex 8.4% BSE MidCap 45.4% BSE SmallCap 51.1% These returns do not include dividends. 💥 Returns at Peak of Index BSE Sensex 26.0% BSE MidCap 54.3% BSE SmallCap 59.0% 🔵 The above table proves that the MidCap and SmallCap have squarely beaten the Sensex, even at their respective peaks. Valuations: BSE Sensex 19.5x BSE MidCap 26.2x BSE SmallCap 62.3x (Source: BSE website) 💥 Clearly, valuations of mid caps and small caps are stretched. The rally i

SEBI action..

SEBI action.. SEBI has passed an order against the broker M/s. Kisan Ratilal Choksey Shares and Securities Pvt. Ltd. on 30th November 2015  for inspection carried out by SEBI during the period April 2011 to Sept 2012 (covering 6 Qtrs) for specific area of Settlement of accounts of funds and securities. SEBI has levied the penalty of Rs. 35 Lacs to the said broker for non-compliance of the provisions of non-settlement of accounts of funds and securities. 

Matters simplified

Matters Simplified. Basics Explained: What is inflation  Here's what you need to know about one of the most familiar business terms. Inflation is one of the most familiar terms used in the business and finance world. You would have heard central bankers talk about achieving economic stability by altering inflation. Here’s what you must know about inflation. What is inflation? Inflation is the rate of increase in prices of goods and services over a given period of time that could affect the cost of living in a country. If inflation increases, it could reduce your purchasing power and discourage investment and savings. Hence, it’s very important to maintain steady rates of inflation in a country. What creates inflation? Supply and demand of money play a very important role in maintaining inflation rates. A situation of high inflation occurs when the monetary policy is very relaxed. If prices of goods and services increase,purchasing power falls and the value of currency dimin

Corporate News 2

Corporate News 2 Aurobindo Pharma receives USFDA nod for conjunctivitis drug :  Aurobindo Pharma, a mid-size pharmaceutical company, announced that the company has received final approval from the US Food & Drug Administration (USFDA) to manufacture and market a drug indicated in the treatment of seasonal allergic conjunctivitis. The company said, "Received final approval from the USFDA to manufacture and market Olopatadine Hydrochloride Ophthalmic solution USP, 0.1%. This product is ready for launch." The approved ANDA is bioequivalent and therapeutically equivalent to the reference listed drug product (RLD) Patanol Ophthalmic solution, 0.1%, of Alcon Laboratories, Inc. According to IMS, the approved product has an estimated market size of USD 235 million for the twelve months ending October 2015. Glenmark Pharma receives USFDA approval for Linezolid tablets :  Glenmark Pharmaceuticals (Glenmark), a manufacturer of generic formulation products and API, has been grant

Corporate News

Corporate News Business Standard Ø  Govt to bring bill for mandatory national minimum wage Ø  Govt fails to attract FDI in Defence, only Rs 56L since last Sept Ø  Softer oil prices boost expectations of better earnings Ø  China's Wanda Group likely to invest US$ 1 billion in Haryana Ø  RBI may revise gold bonds’ pricing mechanism Ø  GAIL extends bidding deadline for $7-bn LNG ships Ø  Rajan went with external committee in policy review Ø  RCom, Aircel in talks to merge wireless biz Ø  Tata Steel may sell UK unit to Greybull Capital Ø  India's Q2 current account deficit narrows to $8.2 bn Ø  Maha Govt mulls 5% increase in ready recknor rates from January 1 Ø  CAG flays govt for unrealistic expenditure estimates Ø  UltraTech mine plan in Chhattisgarh lands in troubled water Ø  ONGC can convert Rs 5,000-cr loan given to OVL into equity Business Line Mint Ø  Call drops: No coercive steps against telcos till Jan 6, says TRAI Ø  Glenmark Pharma gets US regulato

30 IPOs' in pipeline

30 IPOs in the pipeline .... 1)      New Delhi Centre for Sight Limited – DRHP filed on 01-Dec-15 2)      GVR Infra Projects – DRHP filed on 20-Nov-15 3)      Mahanagar Gas – DRHP filed on 16-Nov-15 4)      SSIPL Retail – DRHP filed on 23-Oct-15 5)      Equitas Holding – DRHP filed on 20-Oct-15 6)      GVR Infra Projects – DRHP filed on 06-Oct-15 7)      Parag Milk Foods – DRHP filed on 01-Oct-15 8)      Quick Heal Technologies – DRHP filed on 01-Oct-15 9)      Sandhar Technologies – DRHP filed on 01-Oct-15 10)      Maini Precision Products – DRHP filed on 30-Sep-15 11)      G N A Axles – DRHP filed on 29-Sep-15 12)      Larsen & Toubro Infotech – DRHP filed on 29-Sep-15 13)      VLCC Health Care – DRHP filed on 24-Sep-15 14)      Teamlease Services – DRHP filed on 15-Sep-15 15)      Matrimony.com – DRHP filed on 20-Aug-15 16)      Healthcare Global Enterprises – DRHP filed on 29-Jul-15 17)      Bharat Wire Ropes – DRHP filed on 23-Jul-15 18)      Paranjape Schemes (Construction)

Who is driving global growth in 2016 ?

Who's driving global growth in 2016? 🇺🇸USA hads growth rate of 2.9% (a $17.2 trillion economy) and shares 22.6% in world Gdp and contributes to 19.8% in world growth. 🇨🇳 China has growth rate of 7.0% ( a $9.3 trillion economy) and shares 12.1% in world Gdp and contributes to 25.3% in world growth. 🇬🇧 UK & EUROzone has growth rate of 2.0% ( a $15.3 trillion economy) and shares 20.80% in world Gdp and contributes to 12.6% in world growth. 🇯🇵 JAPAN has growth rate of 1.7% ( a $5.8 trillion economy) and shares 7.6% in world Gdp and contributes to 4.0% in world growth. 🇮🇳 INDIAN has growth rate of 7.8% ( a $2.4 trillion economy) and has 3.2% in world Gdp and contributes to 7.2% in world growth. *source: worldbank data

Another Satyam in making - L&T ?

Another Satyam in making - L&T L&T was founded in year 1938 by Danish engineers Mr Larsen and Mr Toubro. Now state owned LIC and UTI are majority stakeholders. Likes of Chairman Mr Naik (aged 73) who joined as entry level engineers in 60s are treating L&T as their personal fiefdom. Caution – Big Danger Ahead!! L&T in melting - devil or the deep blue sea - stake sale or post losses. Complete stake sale at Dhamra Port (Rs 2500 crores) to Adani group saved LnT from posting losses in q1-2014. LnT Infra stake sale to Canadian FII (2000 crores) saved LnT from posting losses in q2-2014. LnT Finance not made any money for shareholders in 6-7 yrs, 10% stake sold to Bains, 1300 crores.  Kuttapali Port deal final with Adani. On a look out to sell Rajpura Power plant – cost 9600 crores. Plans to sell 15% stake at LnT Infotech to raise 2k crores.  Threatened to pull out from Hyderabad Metro 16 k crores, LnT opts out of GAIL tender to build LNG carrier, scraps Kachchigarh Gujarat

NSE launches new indices

NSE arm launches indices for Tata, Aditya Birla, Mahindra groups  MUMBAI - National Stock Exchange's subsidiary India Index Services & Products Ltd has launched group specific indices for three corporate groups -Tata Group, Aditya Birla Group, and the Mahindra group.     "The corporate group indices are designed to reflect performance of companies belonging to the respective corporate groups," NSE said in the release.  "These indices are based on full market capitalization method and will include all the companies of the respective groups listed on NSE."     The base value of these indices is 1000 and the base date would be Apr 1, 2005.     The index for Tata Group has been named Nifty Tata Group Index and consists of 25 companies across the 12 sectors. The market capitalization of this index is about 7.5 trln rupees, which is about 7.83% of the total market capitalization of the companies listed on NSE, the release said.     Nifty Aditya Birla Index

Reserve Bank of India introduces Cross currency futures

RBI introduces Cross Currency Futures and Exchange Traded Cross Currency Option Contracts The Reserve Bank of India has issued guidelines for introduction of cross currency futures and exchange traded cross currency option contracts in the currency pairs of Euro (EUR)-US Dollar (USD), Pound Sterling (GBP)-USD and USD- Japanese Yen (JPY). Further, exchange traded option contracts in the currency pairs of EUR-Indian Rupee (INR), GBP-INR and JPY-INR have also been introduced in addition to the existing USD-INR pair. The cross currency contracts shall enable direct hedging of exposures in foreign currencies and facilitate execution of cross-currency strategies by market participants. The key features of the new contracts are: Market Participants, i.e., residents and foreign portfolio investors, are allowed to take positions in the cross currency contracts without having to establish underlying exposure subject to the position limits as prescribed by the exchanges. Authorised Dealer Ca

The National Herald scam

National Herald Case: Why Sonia And Rahul Gandhi Need To Be Afraid | Swarajya http://swarajyamag.com/politics/national-herald-case-why-sonia-and-rahul-gandhi-need-to-be-afraid/

How different sectors will be affected by GST roll out ?

HOW KEY SECTORS WILL BE AFFECTED WITH GST ROLLOUT? Will food products become dearer? Will Land and Real estate be kept under GST? Will Service providers be happy with GST? How Manufacturers would be affected? What’s going to be in case of Works Contracts? How Power and Telecommunication sector be adversely affected? What about International Trade? Whether it will be zero rated or taxed?? This article will elaborate us the impact of GST on our Key Sectors / Industries. Let’s go through these specific sectors of Indian Economy and understand how each sector will be affected with the introduction of GST. 1. AGRICULTURE: Presently in India, most of the food items are exempt from CENVAT. Still then, there are some food products, including food grains and cereals, which are covered under State VAT @ 4% in many states. State VAT exemption is limited to only unprocessed or raw food e.g., fresh fruits, vegetables, meat, eggs and coarse grains. As far as Delhi is concerned, no such levy is

Global Stock Indices

27 Major Global Stock Indices -Fallen more then 10% From peak of this Year : “Not Seen Numbers Like These Since 2008” 1. China: down more than 30 percent 2. Saudi Arabia: down 26 percent 3. Germany: down about 13 percent 4. United Kingdom: down close to 12 percent 5. Spain: down 15 percent 6. Brazil: down more than 22 percent (13,000 points overall) 7. Malaysia: down 17 percent 8. Turkey: down 16 percent 9. India: down close to 12 percent 10. Chile: down 11 percent 11. Columbia: down about 30 percent 12. Peru: down more than 40 percent 13. Bulgaria: down more than 20 percent 14. Greece: down more than 30 percent 15. Poland: down about 19 percent 16. Malaysia: down 10 percent 17. Egypt: down 32 percent 18. Indonesia: down 18 percent 19. Canada: down 12 percent 20. Ukraine: down 45 percent 21. Morocco: down 13 percent 22. Ghana: down 17 percent 23. Kenya: down 27 percent 24. Australia: down 13 percent 25. Nigeria: down more than 30 percent 26. Taiwan: down 15 pe

How to grab that secret #Stock #Multibagger

                            How To Grab That Secret Stock Multibagger A successful self trader – Rule # 21 You must be aware that certain stocks have turned up incredible performances over the years. Had you invested in the Infosys IPO, appreciation would have been 85 times in 6 years. TTK Prestige had moved from Rs.105 in 2007 to Rs.4500 in 2012. A relatively low profile Bharti listed and went down to Rs.18 in 2002. By 2006, it was quoting at a whopping Rs.900. How do you identify a multi-bagger? THE SECRET BEHIND GRABBING THOSE MULTI-BAGGERS Let me begin with an interesting anecdote of a rural investor in AP. Back in the 1990s, he had invested a tidy sum in an unknown company called Satyam. By 2006, his IIhad multiplied to a mind-boggling figure. I only wish he had exited in time, but the moral of the story is simple. We all wish that in our lifetime we can ride one or two such multi-baggers fully. Look back at the past 20 years and the number of stocks that have given mind-bog

List of debt free companies

List of Debt free companies as of June 2015 Ø  Abbott India Ltd. Ø  ACC Ltd. Ø  Accelya Kale Solutions Ltd. Ø  Akzo Nobel India Ltd. Ø  Alstom India Ltd. Ø  Astrazeneca Pharma India Ltd. Ø  Bajaj Corp Ltd. Ø  Bajaj Holdings & Investment Ltd. Ø  Bayer CropScience Ltd. Ø  Blue Dart Express Ltd. Ø  Cairn India Ltd. Ø  Castrol India Ltd. Ø  CMC Ltd. Ø  Colgate-Palmolive (India) Ltd. Ø  Container Corporation Of India Ltd. Ø  Credit Analysis And Research Ltd. Ø  Cressanda Solutions Ltd. Ø  CRISIL Ltd. Ø  Cummins India Ltd. Ø  eClerx Services Ltd. Ø  Entertainment Network (India) Ltd. Ø  FAG Bearings India Ltd. Ø  Gillette India Ltd. Ø  Glaxosmithkline Consumer Healthcare Ltd. Ø  Hexaware Technologies Ltd. Ø  Hindustan Copper Ltd. Ø  Hindustan Zinc Ltd. Ø  Infosys Ltd. Ø  Ingersoll-Rand (India) Ltd. Ø  JSW Holdings Ltd. Ø  Jubilant FoodWorks Ltd. Ø  Just Dial Ltd. Ø  Kirloskar Oil Engines Ltd. Ø  Lakshmi Machine Works Ltd. Ø  MOIL Ltd. Ø  Monsanto India Ltd. Ø  Multi Commodity Exchange O

Ashok Leyland, Reliance in focus today

Ashok Leyland, Dr Reddy’s Lab, Reliance Infra among 14 Stocks in focus today 27 Nov 2015 Dr Reddy’s Laboratories Ltd: The pharma company said the USFDA has extended the time-frame for replying to the warning letter issued to the company by about two weeks to December 7. Ashok Leyland Ltd: The company has announced that it has bagged contract for 3600 vehicles worth $200Mn from Cote D'Ivoire. This contract is being funded by EXIM Bank of India. Man Industries (India) Ltd: The company has announced that in the matter of proposed scheme of arrangement between Man Industries (India) Limited and Man Infraprojects Limited, the Company has filed an application in Hon’ble Bombay High Court for a modification in the scheme, by proposing to incorporate clause of swapping of shares between two promoter groups., post implementation of scheme. NMDC Ltd: NMDC has cut iron ore prices by 12.5% with immediate effect on a sharp decline in its demand from steel mills. Fortis Healthcare: Fortis

Likely beneficiaries of GST

GST Benefit ·         Cigaredtte (Godfrey Phillips, ITC )  and logistic stocks  ( Allcargo, Gati) will be  beneficiary ·         Expect organished player like Exide Industries, Amara Raja, Jubliant Food, Asian Paints, Pidilite, Britannia, Maricio will be major beneficiary 0f implementation GST bill. ·         Some companies like M&M, PVR, Dish TV likely to benefit of GST. M&M pays 41% overall tax on large SUV, PVR 23% entertainment tax. ·         Others likely to be major beneficiary Berger Paints, Bata India, Liberty, Relaxo, Dabur India, Emami, Tata Global, Havell's India, Page Industries, Arvind Mills etc

Update on Dr. Reddy

In fresh trouble for Dr. Reddy's Laboratories (DRL), a warning letter has been uploaded on the US Food and Drug Administration website with regards to DRL's plants it had inspected recently. The administrator has identified significant deviations from current good manufacturing practices (CGMP) at three of DRL's plants. The three plants that were inspected earlier by US FDA were Unit VI of Srikakulam Plant, Unit V at Telangana's Miryalaguda Taluk Plant and Unit VII at the Duvvada Plant in Visakhapatnam. The American regulator says it has identified significant deviations from CGMP at all three plants. For the plant units in Srikakulam and Miryalaguda the deviations lay for manufacturing active pharma ingredients (API's), while for the Oncology Plant at Duvvada, the problem lay with finished pharmaceutical products. Further, the regulating authority has said that the firm's responses from December 15th, 2014 to March 27th, 2015 lack sufficient corrective acti

#Stock markets - to be successful - lagey raho...

If it’s a while you’ve been learning to trade and you aren’t yet successful, you might think that it’s impossible to become a master trader. Right / Wrong !!??  But it’s the same in any other activity, because it’s easier to say that it’s impossible to do something, rather than committing to achieve it.  A person, who’s trying to lose weight, may give up after a month or two, because he or she doesn’t have the right expectations. As the vendors of methods to lose fat promise great results in short time.  You may go to the gym, but if you eat more, you will not see improvements. So, if you believe that it’s impossible to become a successful trader, how do you think will become one. First of all you should change this belief of dough ting your mind, and then start again with the right expectations. You should be convinced that you will succeed. And remember that you will need some time to become successful.  Trading is not something that will make you rich quick. You need to f

How the Nifty moves...

Informative: 1% move in tcs = 12.46 points move in nifty 1% move in ITC = 10.09 points move in nifty 1% move in infosys = 7.36 points move in nifty 1% move in maruti suzuki = 3.52 points move in nifty 1% move in LT = 4.66 points move in nifty 1% move in drreddy = 3.39 points move in nifty 1% move in icici bank= 4.66 points move in nifty 1% move in hdfc = 5.20 points in nifty 1% move in hdfc bank = 6.63 points move in nifty 1% move in tata motors = 2.44 points move in nifty 1% move in vedl = 1.05 points move in nifty. 1% move in hindalco = 1.33 points move in nifty 1% move in ongc = 6.01 points move in nifty 1% move in ultratech cement = 4.77 points move in nifty 1% move in tata steel = 2.26 points move in nifty 1% move in hcl tech = 3.1 points move in nifty 1% move in wipro = 3.5 points move in nifty 1% move in idea = 1.66 points in nifty 1% move in coal india = 2.10 points move in nifty 1% move in zeel = 0.81 points move in nifty 1% move in sunpharma = 2.98 points move in nifty 1%

THE DEVELOPMENT PLAN FOR MUMBAI

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THE DEVELOPMENT PLAN FOR MUMBAI The Maharashtra Region and Town Planning Act specify that every municipal corporation must prepare a development plan to be implemented over 20 years. The last time the development plan was prepared for Mumbai was in 1981 and it was adopted only thirteen years later, in 1994. Thus a new plan, which is valid for 20 years, will need to be prepared and ratified by 2014 and will be in force till 2034. The current development plan defines land reservations- (that is land that is set aside for a specific public purpose) amenities, transportation networks and services through a coloured land-use map of the entire city. In order to prepare this plan, Mumbai’s municipal corporation has selected an international consultant through a tendering process and it will be expected to collate and compile all of the data available on the city before making such a plan. The Urban Design Research Institute is currently engaged in looking at how a public pa

10 quick ways to double your money:-

10 quick ways to double your money:- Risky Ways to double your money 1.   Stock Market:-   Stock market investment is one of the quickest way to double your money but stock market is double edge sword where you can earn lots of money as well as loss lots of money. You have to be careful while selecting stocks for investment. Stock market can give 0-100% return. E.g Those who has invested in   LUPIN in Feb 2013   they have got return of nearly 70% in 1 Year. Stock was trading at 569 Rs/- in Feb 2013 and today it is trading on 995 Rs/-. 2. Small Business:-   Becoming partner in small profitable business is another quick way to double your money. This option is quite risky, which can grow or blow your money. You have to be 100% sure before investing any money in to business. Small business can give 0-100% return based on various factors. 3.   Lending Money:-   Another quickest way to double your money is to third party money lending at higher rate of interest. In this opt

5 Ways To Double Your Investment

5 Ways To Double Your Investment By  Ken Clark There's something about the idea of doubling one's money on an investment that intrigues most investors. It's a badge of honor dragged out at cocktail parties, a promise made by over-zealous advisors, and a headline that frequents the cover of some of the most popular personal finance magazines. Where this fixation comes from is anyone's guess. Perhaps it comes from deep in our investor psychology - that risk-taking part of us that loves the quick buck. Or maybe it's simply the aesthetic side of us that prefers round numbers - saying you're "up 97%" doesn't quite roll off the tongue like "I doubled my money." Fortunately, doubling your money is both a realistic goal that investors should always be moving toward, as well as something that can lure many people into impulsive investing mistakes. Here we look at the right and wrong way to invest for big returns. The Classic Way - Earn I