Jaiprakash Associates updates on scheme of amalgamation

Scheme becomes effective from 01 April 2014

Jaiprakash Associates announced that the Order and the Scheme of Amalgamation has been filed with the Registrar of Companies, Uttar Pradesh & Uttarakhand on 15 October 2015 and consequent thereto, the said Scheme of Amalgamation has become effective.

Accordingly, all the businesses of Jaypee Sports International along with their assets, liabilities, rights, interests, obligations etc. stand vested in Jaiprakash Associates with effect from the appointed date, i.e. 01 April 2014.

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Bank of Maharashtra allots 10.52 crore equity shares to government for Rs 394 crore

Bank of MaharashtraBSE 0.29 % today said it has allotted over 10.52 crore equity shares to the government valued at Rs 393.99 crore in exchange of infusion of capital into the bank. 

"... on receipt of the funds from the government, the Board of Directors of the Bank at its meeting held today, has issued and allotted 10,51,50,787 equity shares at the issue price of Rs 37.47 per equity shares on preferential basis to government," it said in a regulatory filing. 

Read more at:
http://economictimes.indiatimes.com/articleshow/49388475.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Sensex up 230 pts, Nifty up 71 pts

Top gainers are Maruti, Hero Motor, Tata Motor, L&T, Bajaj Auto, Tata Steel, Coal India, BHEL, ONGC, SBI, ITC, Bharti Airtel, ICICI Bank, VEDL, Bank of Baroda, BPCL, Yes Bank, NMDC etc.

Top Losers are Wipro, M&M, Hindalco, Cipla, NTPC, TCS, Infosys, Hindustan Uniliver, Tech Mahindra, ACC, Bosch, Ambuja etc

As early October optimism fades, equities rely on risk premium

LONDON: The dark clouds of a slowing global economy and weak corporate earnings are gathering again over world stock markets, but rock-bottom bond yields leave few attractive alternatives and may sustain investment flows into equities. 

After one of the worst quarters for global equities in four years and the lowest year-to-date investment returns since 2008, early October saw a sharp rebound that confounded economists now warning of another global economic recession next year. 

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http://economictimes.indiatimes.com/articleshow/49356298.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

CNX IT gives sell signal on charts; Nifty may head towards 7,950: Ashwani Gujral 

Ashwani Gujral: While Nifty is holding on to 8,100, the rallies are becoming shallower. For example, on Wednesday the index could not even cross 8,150. So if this continues, at some point, the demand at 8,100 is likely to give way. There have been some indications as well.

The CNX IT index has given a sell signal. Banks are kind of nowhere getting ready for a large move. It is very difficult to see how the market can move higher. In such a scenario, we have taken shor .. 

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http://economictimes.indiatimes.com/articleshow/49351876.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Wall Street higher as health stocks rise; banks in focus 

Wall Street was slightly higher on Wednesday as investors assessed earnings from major US banks and health care stocks bounced back. 

Read more at:
http://economictimes.indiatimes.com/articleshow/49356959.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Today i.e. 10 Oct, 2015, i buy "The Intelligent Investor" book, written by Benjamin Graham from Crossword, Surat. I will read this book & want to finish it as early as possible, so as to start utilizing it's tactics for my investment. When Warren Buffet was of 19 year of age, he read this book, which influenced him very much.

As i am not Kitabi Kida, I have many other books, but, some i have read half, some third fourth & some starting chapters. But i will try to finish this book at the earliest.

Sell to Optimistic & Buy from Pessimistic.

Make in India initiative

Indian prime minister Mr. Narender Modi started Make in India initiative, after he elected as PM. Under his initiative, many sectors will be covered & will get boom in to the market, Such a step taken by our government will be very useful for development. Many deal's signed between foreign and Indian government, in which all are ready to transfer the technology to India for manufacturing purposes. Main agreement from the past one & one and a half year was in defence sector, Indian government buy some quantity of defence equipment & also started manufacturing in India. Many Public & Private Indian firm came in to the picture for this initiative. Now many foreign companies are also willing to establish their manufacturing plant in India.

My suggestion to all my viewers. Join hands with each other & start moving forward for development, empowerment of the nation.

FUTURE WILL BE BRIGHT ALWAYS, WITH HARD WORK,

Indian Defence upgradation.

Indian is now upgrading it's technology in defence. India sign many deal's with USA, Russia, France & also with some other countries for defence equipment & technology. It is more focussing on manufacturing rather than buying from the countries. Whether it is Indian Army or Indian Navy or Indian Air Force, day by day all the three forces become more & more stronger with new technologies, new defence equipment's & proper & scheduled training camp's.

Due to it's development, it will indirectly effect the manufacturing industry of India such as machine tool, Automation & many more. So try to find find out such type of industry where our investment will give good return. Some of the companies are HAL, Tata Advanced System Ltd. Tata Motors, Pipavav etc.

Fed may hike rate. One more day to go. Lets pray for positive result. If it's impact on indian market will be negative then Nifty may taste 6500.

18 Sept, 2015 Good news for indian market, no change in Fed rate.

Seven check points before investment

Correct time to invest in Indian market. As the Sensex bounce back to a positive trend from last one week.

Expected sector to put money are Infra, Oil & Gas, Power, Pharma & IT. Invest in valuable stock's for mid term basis.
Seven Point's before buying any stock are:-

1. History of the company
2. Brand value
3. Financial ratios
4. Future projects & expansions
5. Mergers & acquisitions
6. Sell off of the company
7. Effect of international market instability

The market is very dynamic. Continuous monitoring of these parameters is very essential for intelligent investment. 

Dr APJ Abdul Kalam suddenly collapsed while speaking at IIM-Shillong

Born on October 15, 1931 at Rameshwaram in Tamil Nadu, Kalam went on to become one of the country's most celebrated aerospace and defence scientists before becoming the 11th President of India.

SHILLONG: Avul Pakir Jainulabdeen Abdul Kalam, who won popular acclaim as India's president from 2002 to 2007, died here on Monday evening after collapsing during a lecture at the IIM-Shillong. 

"Kalam is no more," Meghalaya chief secretary PBO Warjri told IANS, shortly after the 84-year-old president breathed his last at the Bethany Hospital where he was taken to from the management school. 

"The former President was delivering a lecture on 'liveable planet' when he suddenly collapsed," IIM-Shillong official Merlvin Mukhim told IANS. 

John Sailo Ryntathiang, director of the Bethany Hospital, said Kalam was brought "almost dead". 

"He is in a critical condition," he said earlier. "We are trying to revive the patient." But Kalam could not be saved.

India, large EMs less vulnerable to US Fed rate hike: Fitch

The large emerging markets (EMs) -- Brazil, India, Indonesia, Turkey and South Africa -- are exhibiting fewer signs of vulnerability to a drop in capital inflows than some of their smaller counterparts, Fitch said in a report.

Read more at: http://www.moneycontrol.com/news/world-news/india-large-ems-less-vulnerable-to-us-fed-rate-hike-fitch_2030741.html?utm_source=ref_article

Look at La Opala; buy Ajanta Pharma: CK Narayan

CK Narayan of Growth Avenues is of the view that one can buy Ajanta Pharma and feels that one may look at La Opala, Force Motors and Tata Elxsi.

Read more at: http://www.moneycontrol.com/news/stocks-views/look-at-la-opala-buy-ajanta-pharma-ck-narayan_2018401.html?utm_source=ref_article

Corp earnings to stabalise mkt in 3-4 quarters: 3A Capital

In an interview with CNBC-TV18, Niraj Dalal of 3A Capital Advisors believes that in next three to four quarters market will stabalise with better corporate earnings.

Read more at: http://www.moneycontrol.com/news/market-outlook/corp-earnings-to-stabalise-mkt3-4-quarters-3a-capital_2019361.html?utm_source=ref_article

Boeing, Google, Amazon to invest in Telangana: Rama Rao

KT Rama Rao, the state's IT Minister, informs CNBC-TV18 that US aviation giant, Boeing, will set up a defence plant in association with the Tata group, which will also be the biggest investment in defence sector so far in the country.

Read more at: http://www.moneycontrol.com/news/business/boeing-google-amazon-to-investtelangana-rama-rao_2021061.html?utm_source=ref_article

Air India to sell assets worth nearly Rs 250 crore

Debt-laden Air India plans to sell properties and land parcels worth nearly Rs 250 crore spread across three cities.

Read more at: http://www.moneycontrol.com/news/business/air-india-to-sell-assets-worth-nearly-rs-250-crore_2017481.html?utm_source=ref_article

Sensex, Nifty end higher for 3rd day; post 3% weekly gain

Banking & financials stocks saw selling pressure today as investors awaited more clarity on composite FDI cap cleared by the cabinet on Thursday.

Read more at: http://www.moneycontrol.com/news/local-markets/sensex-nifty-end-higher-for-3rd-day-post-3-weekly-gain_2018361.html?utm_source=ref_article

Sensex at 3-month high, Nifty ends above 8600; Axis Bank up 

Banks pushed equity benchmarks higher after the Finance Minister Arun Jaitley approved the composite cap on foreign direct investment.

Read more at: http://www.moneycontrol.com/news/local-markets/sensex-at-3-month-high-nifty-ends-above-8600-axis-bank-kotak-mah-up_1998441.html?utm_source=ref_article

Petronet LNG's CEO A. K. Balyan retires

Petronet LNG Ltd has informed BSE that Dr. A. K. Balyan has completed his tenure of 5 years as Managing Director & CEO of the Company and superannuated from the Company w.e.f. July 15, 2015. Further, Shri R. K. Garg, Director (Finance), has been appointed as Acting MD & CEO of the Company till the appointment of new MD & CEO of the Company.

Read more at: http://www.moneycontrol.com/news/announcements/petronet-lngs-ceo-a-k-balyan-retires_1993861.html?utm_source=ref_article