According to a news report R S Lodha has died suddenly in London.

Does anyone have any idea on what the succession plan is at Birla Corporation?...

It is very easy for people to get negative about stocks when the chips are down. Serious investors should continue to study and analyze various companies they are interested in remain invested or buy when the stock price gets hammered.

Am bullish on RIL simply because of the management's track record in enhancing shareholder value. Apart from the revenues from gas next year, the company is buying existing oil wells to feed its refinery. Also it is likely to buy fertilizer units like SPIC to extract more value from the gas.

So any fall in price is good reason to buy RIL. Ideally instead of posting silly remarks investors should obtain regular analysis and reports about companies on lists like informed-investor hosted on googlegroups before taking a decision....