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* AUTOMOBILES: Ford India has invested $72 mln to expand production capacity of diesel engines at its Tamil Nadu plant to 340,000 units per annum from 250,000 units earlier....
Auto Stocks Outlook for the week (21.05.2012-25.05.2012)
Stocks of automobile companies are likely to move in line with the overall market in the coming week. The market is waiting for Jan-Mar earnings of Mahindra & Mahindra Ltd and Tata Motors Ltd due in the last week of May for further cues.
The recent moderation in sales numbers, depreciating rupee and the uncertainty in the international markets are likely to keep the stocks under pressure. India`s passenger cars sales in April grew at the slowest pace for the month in 10 years at a mere 3.4%. Given the diversified business model, low sensitivity of earnings to change in volumes, high cash flow generation of the business and strong dividend yield we find stock attractive....
Dear DNK jee,
May be an Army person can can claim and make counter claim that, he is the best bet to be in politics but, it is not his easy cup of tea. Yes, but, few of them only can.
On they being superannuated, the best offer, in selected cases,for them is to be hold palatial key positions whereby their afford to make their political bosses damn happy. Not a bad deal !!!!!
Tilak R Sharma
12th May 2012*
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Dear Vimal,
Having read second time, I came across some avoidable errors which you can kindly ignore it being a layman`s attempt. I know, they being "toppers" in their sphere of working deserve such a deal on the part of government.
Tilak R Sharma
12th May 2012* ...
I think that it is best left to the market forces. To the consumer competition is more beneficial. Cartels are unhealthy.....
ALL airlines should be brought under ESMA. go Dgca, "NAIL without BAIL"....
This is ludicrous. The Govt is practising direct or indirect price controls in every thing. Right from the buyer of kerosene to a person travelling by aeroplane, the Govt wants to protect everyone (except the businesses). The Govt should allow the market forces to fix the fares. When oil companies go on increasing the fuel price to airlines, what is DGCA doing? Looks like this Govt can`t do anything right. Unless the Govt. mends its ways, there may not be any airline in the country for the Govt to regulate....
Shares of Jet Air, SpiceJet and Kingfisher are down between 3-7% as the Directorate General of Civil Aviation has rapped airline companies for hiking fares by 15-20% last month. The problems at Kingfisher Airlines has resulted in lesser number of flights and given other players the leeway to increase prices. Most airline companies are bleeding because of high fuel prices and insane pricing. But if they are not allowed to increase airfares, chances are that the list of airline companies knocking at the doors of the finance ministry for concessions could get longer. What do you think? Are airline companies resorting to cartelization and raising prices or should the DGCA not interfere in the pricing policy and leave it to market forces?
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Dearest Vimal,
Assuringly, you would always find me beside you.
Sergeant at Arm ; it is how well they say, in ...........(?).
Tilak R Sharma
11th May 2012*...
Dear Mr Sharma,
Good morning.
Look forward to your blessings and good wishes as always, thank you for the kind words sir.
Warm regards
Vimal...
Dearest Vimal,
Good Morning.
Undoubtedly, you always deserve such a treat.
Tilak R Sharma
11th May 2012*...
