Dear JK,,,,,As a closely monitoring share market from investment point of view you are applying,so can you tell me who are selling shares?Because now only 34 weeks are left for buy back,if one has not sold now why shall a person will sell.So from where the supply is coming?...

Political vengenance will make sun tv and sun direct suffer a lot. TN Govt may go to the extreme level to reduce the charges per month and increase the no of channels.By August 15th everything will be clear to the public. we have to exercise more care and avoid risk.....

It will cross this year,In June Itself immediately after Greece Election,hopefully sentiments turn bullish ...

If prices of rupee were kept higher, vis a vis dollar, then wud u have not got orders ? Does lower rupee, in any way help in procuring more orders in qauntity terms ? Pls share Ur first hand experience....

Agreed, we are building an Economy in the hope that Fed and ECB will print money forever, And when they do not for few months also we face crisis of Currency.. How weak is our Economy, MY view has always been our Economy has grown simply on the back of global Money printing in the past decade.. There is no gr8 story as such, we never tried building one. We grow on free money given to others who give a part of it to us....

people like me who are in export field also facing problem for the rupee depreciation. due to rupee depreciation the overseas buyers are forcing to revise the export contracts quite oftern....

joss dollar int rate of 5.5% means actually 11.5% as 6% is hedging rate to b added.If not hedged then currency risk is huge with Rs depreciation.Those cos who hv borrowed when Rs was 45 has to pay now Rs 55.50/$ i,e int rate of 5.5% plus rupee dep of 22% i,e real int rate is not 5.5% but 27.5%( without hedging) ...

Mahindras had said that it is a 3 year revival plan i.e. by june end this year ....one more month to go. They have REALLY kept up their word as evidenced by stability in turnover and increased profits every quarter of the year ended. LET US ACKNOWLEDGE this performance and not pre-judge their intent to deceive msat investors. A little partiality towards parent co is expected and understandable atleast to me....

Mahindras have made MS investers to suffer more than Raju did....

bookworm Not so bullish is conditional and speculation based on the annual report of RIL itself. It is interesting to note that at minehead the price of natural gas can be as low as 50 cents per mmBtu whereas a price of US$ 2 has been determined to be slightly profitable for shalegas in USA. Gas price is seen on the rise as per latest report in bloomberg: Energy PRICE* CHANGE % CHANGE TIME BRENT CRUDE FUTR (USD/bbl.) 109.170 0.360 0.33% 20:54 GAS OIL FUT (ICE) (USD/MT) 914.250 6.250 0.69% 20:52 HEATING OIL FUTR (USd/gal.) 286.850 0.820 0.29% 20:54 NATURAL GAS FUTR (USD/MMBtu) 2.646 0.037 1.42% 20:54 GASOLINE RBOB FUT (USd/gal.) 294.630 0.620 0.21% 20:49 WTI CRUDE FUTURE (USD/bbl.) 92.830 0.260 0.28% 20:53 http://t.in.com/8nbr Hence even if it is challenging this is one area where RIL can become bullish anytime and would like to have its own production going forward apart from the JVs....

omg... 9000 for rs. 9000 of stock price of merged entity or rs 9000 crs of annualised net profit? first pray to god to cross the stock prices rs.90 for ms and rs. 900 for tm atleast before merger which will be biggest relief for most of the investors of both the counters.......

Shareholders quitting Reliance Posted by�Ayyappa Prasad �on May 19, 2012 in�Business ,�Exclusive ,�Headlines ,�News ���0 Comments Mumbai, May 19 (TruthDive) : Going by the annual report of Reliance Industries (RIL) it has seen 1,13,490 in the category of investors owning between 1-500 shares dropping out. This comes as a surprise since RIL was the favourite of these small shareholders otherwise known as retail investors. As per the report, total shareholders declined by 1,16,011 from 35.2 lakh in March 2011 to 34.06 lakh in March 2012, but the shareholder category holding between 501-1,000 shares too saw a drop in numbers by 1,477. Those holding individually 20,000 shares of the company, quit and came down from 1,900 in March 2011 to 1,788 in March 2012. Reason could be company�s share price was down by 28.6 per cent in the financial year ending March 2012 while it was against a 10.5 per cent drop in the Sensex during the period.Yet another reason is that the gas output from the Krishna- Godavari basin has dropped and in one year its performance is badly hit. The golden period was when RIL merged with IPCL in 2007 and later Reliance Petroleum merged with RIL in 2009-10 as Reliance Industries. RIL shareholder numbers jumped from 20.04 lakh in March 2006 to 35.6 lakh in March 2010. But now the scenario has changed and it has fallen by 156,039 over the last two years due to a weak performance by the company at the exchanges. To boost shareholders� confidence and to arrest the slide, RIL announced an offer to buy back the shares worth Rs 10,440 crore offering a price of up to Rs 870 per share in January 2012. The buy back will be completed between February 1, 2012 and January 19, 2013. To add to the problem, Ravi Narayan Bastia, the man who is credited with making the biggest gas find of 2002 for Mukesh Ambani�s Reliance Industries (RIL), has quit the company due to dropping production from the field which was once described as India�s �gas bowl�. Bastia was earlier with state-owned explorer Oil and Natural Gas Corporation (ONGC) before joining RIL in 1996. ONGC had explored and developed all gas blocks in India before the government introduced the auction system in 1999....

tm posts an exceptional loss of 68 crs for q4...

till yesterday there is no update in ms website about the transcript of earnings conference call. it seems someone need to remind them by sending an e mail reminder. (last time i sent an my request for this subject)...

you can expect fuel price hike immediately from OMCs which will fueling the inflation pressure further....

next round of quantitative easing by central banks of developed world is around the corner. that will surely pour into developing market equities including india. but to get that cheap money flow into indian equities we/our policy makers should look to solve the domestic issues as i mentioned below. by the by one can bet on gold investments than equity for headging. again that cheap money flow will increase the inflation pressure further for developing economy....

heading towards below 50 mark.........

omg... 9000 for rs. 9000 of stock price of merged entity or rs 9000 crs of annualised net profit? first pray to god to cross the stock prices rs.90 for ms and rs. 900 for tm atleast before merger which will be biggest relief for most of the investors of both the counters.......

Shareholders quitting Reliance Posted by�Ayyappa Prasad �on May 19, 2012 in�Business ,�Exclusive ,�Headlines ,�News ���0 Comments Mumbai, May 19 (TruthDive) : Going by the annual report of Reliance Industries (RIL) it has seen 1,13,490 in the category of investors owning between 1-500 shares dropping out. This comes as a surprise since RIL was the favourite of these small shareholders otherwise known as retail investors. As per the report, total shareholders declined by 1,16,011 from 35.2 lakh in March 2011 to 34.06 lakh in March 2012, but the shareholder category holding between 501-1,000 shares too saw a drop in numbers by 1,477. Those holding individually 20,000 shares of the company, quit and came down from 1,900 in March 2011 to 1,788 in March 2012. Reason could be company�s share price was down by 28.6 per cent in the financial year ending March 2012 while it was against a 10.5 per cent drop in the Sensex during the period.Yet another reason is that the gas output from the Krishna- Godavari basin has dropped and in one year its performance is badly hit. The golden period was when RIL merged with IPCL in 2007 and later Reliance Petroleum merged with RIL in 2009-10 as Reliance Industries. RIL shareholder numbers jumped from 20.04 lakh in March 2006 to 35.6 lakh in March 2010. But now the scenario has changed and it has fallen by 156,039 over the last two years due to a weak performance by the company at the exchanges. To boost shareholders� confidence and to arrest the slide, RIL announced an offer to buy back the shares worth Rs 10,440 crore offering a price of up to Rs 870 per share in January 2012. The buy back will be completed between February 1, 2012 and January 19, 2013. To add to the problem, Ravi Narayan Bastia, the man who is credited with making the biggest gas find of 2002 for Mukesh Ambani�s Reliance Industries (RIL), has quit the company due to dropping production from the field which was once described as India�s �gas bowl�. Bastia was earlier with state-owned explorer Oil and Natural Gas Corporation (ONGC) before joining RIL in 1996. ONGC had explored and developed all gas blocks in India before the government introduced the auction system in 1999....

you can expect fuel price hike immediately from OMCs which will fueling the inflation pressure further....

next round of quantitative easing by central banks of developed world is around the corner. that will surely pour into developing market equities including india. but to get that cheap money flow into indian equities we/our policy makers should look to solve the domestic issues as i mentioned below. by the by one can bet on gold investments than equity for headging. again that cheap money flow will increase the inflation pressure further for developing economy....

TCI sets a 6-month deadline for govt to act on charges against Coal India

After lying low for a few weeks, The Children’s Investment Fund (TCI) has fired a fresh salvo at the Indian government, effectively setting a six-month deadline to act upon the allegations put forth by the foreign institutional investor in the matter of Coal India (CIL).

In its latest letter, TCI — which holds a little over 1% in Coal India — has asked the Indian authorities to come forward for ‘formal negotiations’ for an ‘amicable settlement’ of the issues that have been raised by the former on numerous occasions. Meanwhile, reports suggest that the coal ministry officials are not keen on meeting with representatives of TCI who had sought a meeting on May 29.

Further, TCI has categorically said that the letter is a notice under the agreement signed between India and Cyprus in 2002 for mutual promotion and protection of investments and further action will be taken if the government fails to act within six months.

“For the avoidance of doubt, this letter is written notification of TCI Cyprus` claim under Article 9 of the (India-Cyprus) Treaty,” says the three-page letter written on May 16.

“We, therefore, request that the government of the Republic of India enter into formal negotiations with TCI on behalf of TCI Cyprus seeking amicable settlement of these claims under the Treaty... Failing such settlements within six months, we reserve our rights to initiate arbitration in accordance with Article 9 of the Treaty,” it adds.

The letter has once again alleged that while the board of Coal India failed in its fiduciary duties, the government is forcing the board to abuse minority shareholders with illegal price controls. “The Republic of India`s recent conduct with respect to CIL has seriously impaired the business activities and operations of CIL and has contravened the Treaty,” says the letter.

TCI has alleged that it was wrong on part of the government to direct CIL to sell coal under Fuel Supply Agreements (FSA) at a discount of up to 70% compared to the international prices. Further, TCI has raised a red flag over the government decision of directing CIL to enter into additional FSAs with power companies wherein CIL will have to unconditionally guarantee supplies or face severe financial penalties.

“TCI Cyprus fully reserves all of its rights against India, including the right to claim compensation for the harm caused to its investments by these violations, both under the Treaty and any other applicable instrument,” says TCI.

The foreign investor has already written many letters to the board of directors of CIL and the secretary of the ministry of coal, alleging that while the board failed in its fiduciary duties, the government is forcing the board to abuse minority shareholders with illegal price controls.

http://t.in.com/anVg...