Chief, First off all, i am not against a fair and healthy competition.If i was against,i would have suggested `one business house should be allowed to take over other small private banks`.At present where is the competition?.Is city union bank offering any competition to centurion bank of Punjab?.We can see healthy competition if govt allow ,for eg,let the tatas to take over CUB and the ambani`s or kamani`s to take over CBP and grow them to pan india players.I dont think it is prudent to issue new licences to every tom and saji`s for promoting competition.It will lead to the Indian version of mortgage crisis.lol.....

Promoter shareholding has gone down drastically on account of issue of GDRs, diluting the equity of the company in a big way. But they have been buyng openely from the market to shoreup their stake in december 2008 to august 2009 periods, and also tried to allot 14lakh shares more to their stake,which was rejected by the shareholders through votes, as in shareholder`s opinions, the amount that the promoters sought to bring in by means of shares allotment to themselves was too low to be of significance to the funding requirements of BIL`s ongoing projects, when they were looking for 50Cr fund raising through GDR issues.Promoters have also given their written interest to increase their stake in their company due to their full-time involvement.(( reference : company updates on bse dated [A]11.12.09 & [B]14.01.2010 as reproduced below )) w3(dot)bseindia(dot)com/qresann/announcecom.asp?scrip_cd=531937&type1=3 Disclosures - Insider Trading BECKONS INDUSTRIES LTD. Corporate Announcements | SAST Disclosures Subject Date & Time Beckons Industries August 21,2009 4:29:54 PM Beckons Industries August 10,2009 5:11:58 PM Beckons Industries May 25,2009 12:48:00 PM Beckons Industries May 21,2009 3:22:03 PM Beckons Industries May 14,2009 4:51:49 PM Beckons Industries April 24,2009 3:34:36 PM Beckons Industries April 21,2009 12:58:27 PM Beckons Industries April 20,2009 6:27:35 PM Beckons Industries April 20,2009 1:40:13 PM Beckons Industries April 13,2009 10:57:07 AM Beckons Industries April 08,2009 4:55:49 PM Beckons Industries April 02,2009 5:23:54 PM Beckons Industries March 20,2009 9:59:58 AM Beckons Industries March 12,2009 12:47:18 PM Subject Date & Time Beckons Industries - Board Meeting on Mar 16, 2009 (Saturday, March 07, 2009 1:21:09 PM) Beckons Industries - Unaudited Financial Results for Dec 31, 2008 (Saturday, January 31, 2009 5:52:13 PM) Beckons Industries - Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992 (Friday, December 26, 2008 2:06:56 PM) Beckons Industries - Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992 (Monday, December 22, 2008 11:43:50 AM) Beckons Industries - Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992 (Tuesday, December 16, 2008 2:03:46 PM) Beckons Industries - Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992 (Friday, December 05, 2008 4:54:49 PM) Beckons Industries - Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992 (Tuesday, December 02, 2008 12:11:20 PM) Beckons Industries - Unaudited Financial Results for Sep 30, 2008 shareholding of gurmeet singh bhatia : before march 09 2009 : 2.2% shareholding of gurmeet singh bhatia : august 08, 2009 : 5.73% Shareholding of jasjot singh , director , has also gone up by open market purchases to 1.01% ***Further, promoters have been expressing their interest to increase their shareholding, in the shareholders meeting. ...

Insted of a banking contest, i would more enjoy a beauty contest between us and india...

From your message i come to know that in US already 184 banks packed their box many others might me in different stages of packing up.I wonder how large will be the total number of banks, and the regulator there might be struggling to keep a track on them.Is Indian policy makers are following their footstep by allowing more new private banking licences?.,In my opinion instead of opening a Pandora box of new licences, the govt should allow 4 or 5 qualified business houses to take over existing small private banks and allow them to re-brand their operations.About writing off of loans i think banks not suffered from this as they are compensated by the budgetary allocation for that purpose....

• VII-Stock Picking Could Be in Vogus in 2010, Market to Be Driven by Earnings: A high market effect, high sector correlation, and middling micro factors such as valuation, fundamentals, and return dispersion should set us up for a better stock picking environment in 2010. Most of the market returns in 2009 have come form a P/E re-rating, and as the key driver of returns shifts to earnings in 2010, so too will the key driver of stock prices move from macro to idiosyncratic stock-related factors. ...

• VI-Buy Mid-caps: The broader market is likely to generate faster earnings growth of around 25% in 2010, traders at better valuations than the narrow market, and accordingly could continue outperform the narrow market. See our Mid-cap picks on page 26. ...

• V-Shift Bias from Rural to Urban Plays: No doubt rural growth remains very strong, helped by rising food prices and government spending. Yet at the margin, urban growth will close the gap vs. rural growth as industrial activity picks up. Two-wheeler and large cap staple stocks tend to correlate negatively with industrial growth and in our view should by avoided in 2010. In contrast, media and niche mid-cap staples may still perfume well. ...

Faith, the 2-legged dog

This dog was born on Christmas Eve in the year 2002. He was born with 2 legs - He of course could not walk when he was born. Even his mother did not want him.

His first owner also did not think that he could survive and he was thinking of `putting him to sleep`.. But then, his present owner, Jude Stringfellow, met him and wanted to take care of him. She became determined to teach and train this little dog to walk by himself......She named him `Faith`.

In the beginning, she put Faith on a surfboard to let him feel the movement. Later she used peanut butter on a spoon as a lure and reward for him for standing up and jumping around.

Even the other dog at home encouraged him to walk. Amazingly, only after 6 months, like a miracle, Faith learned to balance on his hind legs and to jump to move forward. After further training in the snow, he could now walk like a human being.



Faith loves to walk around now. No matter where he goes, he attracts people to him. He is fast becoming famous on the international scene and has appeared on various newspapers and TV shows..

There is now a book entitled With a Little Faith being published about him. He was even considered to appear in one of Harry Potter movies.

His present owner Jude Stringfellow has given up her teaching post and plans to take him around the world to preach that even without a perfect body, one can have a perfect soul`.



In life there are always undesirable things, so in order to feel better you just need to look at life from another direction. I hope this message will bring fresh new ways of thinking to everyone and that everyone will appreciate and be thankful for each beautiful day.

Faith is the continual demonstration of the strength and wonder of life.

...

How you are so confident that at 300 shares will be alloted to retail investors.
What I understand that if the price is fixed above 300 then those retail investors who have don bidding at 300 may not get any shares and unsubscribed quantity may go to QIBs
Boarders requested to clarify....

SAJIMON-PALAI
I would like to be friend of every one on this board than elder.
Thanks for the feelings....

• VII-Stock Picking Could Be in Vogus in 2010, Market to Be Driven by Earnings: A high market effect, high sector correlation, and middling micro factors such as valuation, fundamentals, and return dispersion should set us up for a better stock picking environment in 2010. Most of the market returns in 2009 have come form a P/E re-rating, and as the key driver of returns shifts to earnings in 2010, so too will the key driver of stock prices move from macro to idiosyncratic stock-related factors.

...

• VI-Buy Mid-caps: The broader market is likely to generate faster earnings growth of around 25% in 2010, traders at better valuations than the narrow market, and accordingly could continue outperform the narrow market. See our Mid-cap picks on page 26.

...

• V-Shift Bias from Rural to Urban Plays: No doubt rural growth remains very strong, helped by rising food prices and government spending. Yet at the margin, urban growth will close the gap vs. rural growth as industrial activity picks up. Two-wheeler and large cap staple stocks tend to correlate negatively with industrial growth and in our view should by avoided in 2010. In contrast, media and niche mid-cap staples may still perfume well.

...

• IV-Buy Industrials: Acceleration in industrial growth would help close the output gap faster than what is possibly in the price right now. This would help a new private capex cycle to start in2010 and further boost performance of industrials. Our favorite stock: Larsen & Toubro (LART.BO, Rs. 1,667).

...

Faith, the 2-legged dog

This dog was born on Christmas Eve in the year 2002. He was born with 2 legs - He of course could not walk when he was born. Even his mother did not want him.

His first owner also did not think that he could survive and he was thinking of `putting him to sleep`.. But then, his present owner, Jude Stringfellow, met him and wanted to take care of him. She became determined to teach and train this little dog to walk by himself......She named him `Faith`.

In the beginning, she put Faith on a surfboard to let him feel the movement. Later she used peanut butter on a spoon as a lure and reward for him for standing up and jumping around.

Even the other dog at home encouraged him to walk. Amazingly, only after 6 months, like a miracle, Faith learned to balance on his hind legs and to jump to move forward. After further training in the snow, he could now walk like a human being.



Faith loves to walk around now. No matter where he goes, he attracts people to him. He is fast becoming famous on the international scene and has appeared on various newspapers and TV shows..

There is now a book entitled With a Little Faith being published about him. He was even considered to appear in one of Harry Potter movies.

His present owner Jude Stringfellow has given up her teaching post and plans to take him around the world to preach that even without a perfect body, one can have a perfect soul`.



In life there are always undesirable things, so in order to feel better you just need to look at life from another direction. I hope this message will bring fresh new ways of thinking to everyone and that everyone will appreciate and be thankful for each beautiful day.

Faith is the continual demonstration of the strength and wonder of life.

...

BBM
What is your success and why I can not digest it. There are many successful boarders but no one has threatened me that he will throw me out of the board.
You think more people have visited your home page is your success.
Have you seen a "Thelewala" at the corner of your lane who fries pakoda,samosa and aloowada. More people visit to his Thela than a good restaurant of your city,
Second reason of visiting is their curiosity to know who is this mad man advising to buy rotten stock. Who is this man who is advising short sell and to go long but at the sane time advising against F&O an Insurance.
You say me that I do copy and paste work. Now can you tell me what is F&O. Give your original views and do not copy my earlier message or copy from any book.

You are like an empty vessel that sounds much.
Why I am wasting so much time because you have insulted many boarders. You said you recognized me very late. I say you are a wolf in lambs clothing.You were saying in the end of your messages alway that God bless you but to day in all your messages you have forgotten GOd.
You are fools to others, to himself a sage.
Sorry you will not understand English. In Hindi it means "Apne Mooh miya mitthoo."
Bihari boy respect yourself and you will be respected but you considered this board as your family property and started mis behaving and giving threats like a DOn.
You had earlier also written your farewell message. If you are a man of words keep your words even for few days.


So let me know when are you writing your farewell message.
You are threatening again and again . I do not care for you and I always get good sleep because I know that I have not committed any wrong.

People will laugh when they will read my comparison done by you, with an innocent young kid . This an example of your harverd English.

During the fit of madness take "MAT NUROBIN" This capsule will help you.

Now good night....

choksinji,
Today no doubt we are depending on us economy but the days are not far when we are likely to decouple.
I am reproducing her the writ up By MORGAN STANLEY JANUARY 2010.It is interesting and you will like to read it,

THE CASE FOR INDIA`S DECOUPLING IN THE LONG RUN.

Longer term a breakdown in the correlation of returns between Indian equities and the rest of the world seems more than likely to us. The key factors at work in our view are:-
LIKELY SUPERIOR GROWTH driven by demographic dividend. India is likely to add around 10 million new workers to its workforce on an annual basis. As the workforce grows, so will the savings and hence the growth rate. This will be the key driver to profit growth.

MIX OF CAPITAL FLOWS: however the fact is that to employ the accretion to the work force, India will need to grow at 7% or more. This means the country is under invested and will guzzle capital in the coming years. As India will need to keep importing capital in the medium term a current account deficit will remain. The implication is that India will depend on global capital market cycles unless it shifts funding sources to FDI. As we saw in 2008 crisis, India`s dependence on financial markets for capital flows produced a vicious outcome for equity markets and has been the driver of the correlation of returns between India and the rest of the word.

BALANCED GROWTH MODEL: India`s growth is driven by domestic consumption rather than exports, India`s share of exports in GDP remains lower than its peer group, although it rising at the margin.

THE PUSH AND PULL OF POLITICS; Evolving politics and influence of media will likely drive change faster than what the consensus is forecasting India`s voting population is getting younger and focusing more on development politics, whereas a zealous media is creating strong aspirations and awareness. We have already noticed a change in voting patterns with performance becoming the key differentiating factor for election victories. Another aspect of politics is the democratic system, which works in India`s favor with respect to property rights even as it works against India in terms of driving capital accumulation and capital efficiency. Whilst the country`s macro is struggling with capital efficiency, bottom-up ROEs continue to score well. As and when capital efficiency at the macro level improves, India`s ROE will bear out is superiority over the rest of the world.

STRUCTURAL LIQUIDITY; The side effect of the demographic dividends is the structural liquidity story. As domestic savings rise, a younger population will likely take more risk with its savings, causing higher flows into risker assets classes like equity shares. The flow of savings into equities is supported by strong capital market infrastructure. The starting point on capital markets is a good relative to the physical economy,i.e the financial economy seems more well developed than the physical economy.

LOW EARNINGS CYCLICLALITY; India has Exhibited lower cycliclality of earnings over the past several years. Investors argue that rising share of global commodity stocks in the market will alter this for a number of reasons. First, it has so far not affected the earnings cyclicality due to the offsetting structural domestic growth story. SeconD the share of global commodity stocks has risen from its lows, but is still off its decade highs and probably will stay that way in the future given the strong domestic growth.
...

The Cab Ride

I arrived at the
address and honked the horn.

After waiting a few minutes

I walked to the

door and knocked.. `Just a minute`, answered a

frail, elderly voice. I could hear something

being dragged across the floor.



After

a long pause, the door opened. A small woman in

her 90`s stood before me. She was wearing a

print dress and a pillbox hat with a veil pinned

on it, like somebody out of a 1940`s

movie.



By her side was a small nylon

suitcase. The apartment looked as if no one had

lived in it for years. All the furniture was

covered with sheets.



There were no

clocks on the walls, no knickknacks or utensils

on the counters. In the corner was a cardboard

box filled with photos and

glassware.



`Would you carry my bag

out to the car?` she said. I took the suitcase

to the cab, then returned to assist the

woman.



She took my arm and we walked

slowly toward the curb.



She kept

thanking me for my kindness. `It`s nothing`, I

told her.. `I just try to treat my passengers

the way I would want my mother

treated`.



`Oh, you`re such a good

boy`, she said. When we got in the cab, she gave

me an address and then asked, `Could you drive

through downtown?`



`It`s not the

shortest way,` I answered

quickly..



`Oh, I don`t mind,` she

said. `I`m in no hurry. I`m on my way to a

hospice`.



I looked in the rear-view

mirror. Her eyes were glistening. `I don`t have

any family left,` she continued in a soft

voice.. `The doctor says I don`t have very

long.` I quietly reached over and shut off the

meter.



`What route would you like me

to take?` I asked.



For the next two

hours, we drove through the city. She showed me

the building where she had once worked as an

elevator

operator.



We drove through the

neighborhood where she and her husband had lived

when they were newlyweds She had me pull up in

front of a furniture warehouse that had once

been a ballroom where she had gone dancing as a

girl.



Sometimes she`d ask me to slow

in front of a particular building or corner and

would sit staring into the darkness, saying

nothing.



As the first hint of sun was

creasing the horizon, she suddenly said, `I`m

tired. Let`s go now`.



We drove in

silence to the address she had given me. It was

a low building, like a small convalescent home,

with a driveway that passed under a

portico.



Two orderlies came out to

the cab as soon as we pulled up. They were

solicitous and intent, watching her every move.

They must have been expecting her.



I

opened the trunk and took the small suitcase to

the door. The woman was already seated in a

wheelchair.



`How much do I owe you?`

she asked, reaching into her

purse.



`Nothing,` I

said



`You have to make a living,` she

answered.



`There are other

passengers,` I responded.



Almost

without thinking, I bent and gave her a hug. She

held onto me tightly.



`You gave an

old woman a little moment of joy,` she

said.

`Thank you.`



I squeezed her

hand, and then walked into the dim morning

light.. Behind me, a door shut. It was the sound

of the closing of a life..



I didn`t

pick up any more passengers that shift. I drove

aimlessly lost in thought. For the rest of that

day, I could hardly talk. What if that woman had

gotten an angry driver, or one who was impatient

to end his shift?

What

if I had refused to take the run, or had honked

once, then driven away?



On a quick

review, I don`t think that I have done anything

more important in my life.



We`re

conditioned to think that our lives revolve

around great moments.



But great

moments often catch us unaware-beautifully

wrapped in what others may consider a small

one.



PEOPLE MAY NOT REMEMBER EXACTLY

WHAT YOU DID, OR WHAT YOU SAID ~BUT~THEY WILL

ALWAYS REMEMBER HOW YOU MADE THEM

FEEL.



You won`t get any big surprise

in 10 days if you send this to ten people. But,

you might help make the world a little kinder

and more compassionate by sending.

it on and reminding us that often it is the random acts of

kindness that most benefit all of us.



Thank you, my

friend...



Life

may not be the party we hoped for, but while we

are here we might as well dance....

one or other day things ought to settle. How long people will fight like this. One day they will realize the futility of their action....