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15 Oct 2008 01:43
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15 Oct 2008 01:03
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I hold these shares from the public issue onwards with additional rights,bonus and some purchases three decades back. I hold shares as a life time investment,because of brand name.
I agree with the second point. To hold and let the children decide it for their needs.
As regards the worth, Is it not worthwhile at the moment for new comers? Further the Sept. year end results will be out in a month or two. I feel the new comers can have a good investment in this portfolio.
My only fear is if the company delist the shares, all will be poorly paid. This is a problem with MNCs. those who entered last year by this time will be worst hit.
v.krishnamoorthy
...
I agree with the second point. To hold and let the children decide it for their needs.
As regards the worth, Is it not worthwhile at the moment for new comers? Further the Sept. year end results will be out in a month or two. I feel the new comers can have a good investment in this portfolio.
My only fear is if the company delist the shares, all will be poorly paid. This is a problem with MNCs. those who entered last year by this time will be worst hit.
v.krishnamoorthy
...
15 Oct 2008 00:36
Quantum of unclaimed money in banks with
Banking & Financial Services - Sector
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RBI felt that banks were undeservedly enjoying the benefits of unclaimed deposits, while paying no interest on it.
An account unused for more that 10 years becomes an unclaimed deposit and gets transferred into a bank’s profit books (see Fix Your Banking Habits, 10 September).
K. Unnikrishnan, senior vice-president, Indian Banks’ Association, says: “Keeping an account unused is not wise considering the various risks attached with inactive accounts.”
Unclaimed deposits have shown a pronounced rise over the years. More than Rs 1,200 crore are lying idle in about 20 million accounts for the past 10 years in commercial banks in India. In 2006, scheduled commercial banks had total unclaimed deposits of over Rs 1,000 crore in 10.3 million inactive accounts.
Source: outlook money
v.krishnamoorthy...
An account unused for more that 10 years becomes an unclaimed deposit and gets transferred into a bank’s profit books (see Fix Your Banking Habits, 10 September).
K. Unnikrishnan, senior vice-president, Indian Banks’ Association, says: “Keeping an account unused is not wise considering the various risks attached with inactive accounts.”
Unclaimed deposits have shown a pronounced rise over the years. More than Rs 1,200 crore are lying idle in about 20 million accounts for the past 10 years in commercial banks in India. In 2006, scheduled commercial banks had total unclaimed deposits of over Rs 1,000 crore in 10.3 million inactive accounts.
Source: outlook money
v.krishnamoorthy...
14 Oct 2008 20:07
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To guest.
I am still a holder of opto. All my family members--Sons, daughters and grand children-- hold these shares.So I/we have concern, over every matter related to it.
Please dont take things too personally and too seriously.
we are here only to share our views and get our doubts clarified with the help of all people. I do not want to offend any one. I want friends. Let try to build it. If you reciprocate , I will be the first person to honour it.
If you do not want to see any report in a newspaper, are you not skipping it. Please adopt it. Please take it easy.I am an old man.I have no intention to wound others and make unsavory remarks. I wish you to reciprocate it. I take your post very kindly.Let us stop here.
Thanks a lot for your reply. May I wish you all the best?
with regards,
V.Krishnamoorthy...
I am still a holder of opto. All my family members--Sons, daughters and grand children-- hold these shares.So I/we have concern, over every matter related to it.
Please dont take things too personally and too seriously.
we are here only to share our views and get our doubts clarified with the help of all people. I do not want to offend any one. I want friends. Let try to build it. If you reciprocate , I will be the first person to honour it.
If you do not want to see any report in a newspaper, are you not skipping it. Please adopt it. Please take it easy.I am an old man.I have no intention to wound others and make unsavory remarks. I wish you to reciprocate it. I take your post very kindly.Let us stop here.
Thanks a lot for your reply. May I wish you all the best?
with regards,
V.Krishnamoorthy...
14 Oct 2008 11:06
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Dear Guest,
Will you not enquire for any post coming to your doorsteps, when u are away from home? Will you call that query as " a story of doubt"? When I am tusting the reply for my query, why do you import the doubts? I wish the guests should enter into any area ,with proper identity and do not post like ananimous body and create a scare.
v.krishnamoorthy...
Will you not enquire for any post coming to your doorsteps, when u are away from home? Will you call that query as " a story of doubt"? When I am tusting the reply for my query, why do you import the doubts? I wish the guests should enter into any area ,with proper identity and do not post like ananimous body and create a scare.
v.krishnamoorthy...
14 Oct 2008 09:50
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Dear Sri Venkatraj,
thank you very much. Please post a mail on receipt of the same.They can take 30 days time from the AGM where it was passed.
Ok. Let us be prepared for any fireworks today as the east and west have posted good figures so far. So far the signals are good. the scrip is well poised for a good record jump today.
let us have a happy hunting.
v.krishnamoorthy...
thank you very much. Please post a mail on receipt of the same.They can take 30 days time from the AGM where it was passed.
Ok. Let us be prepared for any fireworks today as the east and west have posted good figures so far. So far the signals are good. the scrip is well poised for a good record jump today.
let us have a happy hunting.
v.krishnamoorthy...
14 Oct 2008 08:45
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AP
Manic Monday: Dow roars back from worst week ever
Monday October 13, 9:48 pm ET
By Tim Paradis, AP Business Writer
Stocks stage rally for the ages after worst week; Dow up 936 as Washington works on rescue
NEW YORK (AP) -- Wall Street stormed back after its worst week ever and staged the biggest single-day stock rally since the Great Depression on Monday, catapulting the Dow Jones industrials to a 936-point gain and finally offering relief from eight consecutive days of stock market carnage.
v.krishnamoorthy
...
Manic Monday: Dow roars back from worst week ever
Monday October 13, 9:48 pm ET
By Tim Paradis, AP Business Writer
Stocks stage rally for the ages after worst week; Dow up 936 as Washington works on rescue
NEW YORK (AP) -- Wall Street stormed back after its worst week ever and staged the biggest single-day stock rally since the Great Depression on Monday, catapulting the Dow Jones industrials to a 936-point gain and finally offering relief from eight consecutive days of stock market carnage.
v.krishnamoorthy
...
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