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Sridhar Chandrasekhar of CRISIL Research feels that 10% mandatory blending may result decline in sugar production. Narendra Murkumbi of Shree Renuka Sugars believes that in the current context Rs 21.50 is a low price....
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Yes, I think adding ethanol not just saves petrol but also it would have good impact on inflation. ...
In reply to:
Govt binds OMCs to mix 10% ethanol with fuel: Experts react
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MMB Messenger
Sridhar Chandrasekhar of CRISIL Research feels that 10% mandatory blending may result decline in sugar production. Narendra Murkumbi of Shree Renuka Sugars believes that in the current context Rs 21.50 is a low price. 
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This is really bad news for small investor...
In reply to:
GMDC okays 30% PBT portion to charitable institutions
Posted by : MMB Messenger
The Gujarat Mineral Development Corporation, or GMDC AGM has approved 30% PBT contribution to charitable organisations as per the Gujarat government letter.
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This is really bad news for small investor...
In reply to:
GMDC okays 30% PBT portion to charitable institutions
Posted by : MMB Messenger
The Gujarat Mineral Development Corporation, or GMDC AGM has approved 30% PBT contribution to charitable organisations as per the Gujarat government letter.
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The Gujarat Mineral Development Corporation, or GMDC AGM has approved 30% PBT contribution to charitable organisations as per the Gujarat government letter. ...
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If the govt wants they can expedite the entire court proceeding to finish once at all, instead of merely vacating the interim stay, if that is in large public interest. I do not know what is holding govt. from doing that. ...
In reply to:
Govt moves Notice of Motion in RIL-RNRL case
Posted by : MMB Messenger
The government has moved notice of motion in RIL-RNRL case. It has sought stay vacation on RIL creating any third party interest on 40mmscmd gas. The government has said there are many vital sectors suffering on gas non-availability.
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It is funny, or rather it is absurd. If the government wish to vacate the temporary injunction in public interest , why not they direct the court to expedite the proceeding. It is always possible to expedite matter, if there is will. ...
In reply to:
Govt moves Notice of Motion in RIL-RNRL case
Posted by : MMB Messenger
The government has moved notice of motion in RIL-RNRL case. It has sought stay vacation on RIL creating any third party interest on 40mmscmd gas. The government has said there are many vital sectors suffering on gas non-availability.
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The government has moved notice of motion in RIL-RNRL case. It has sought stay vacation on RIL creating any third party interest on 40mmscmd gas. The government has said there are many vital sectors suffering on gas non-availability. ...
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Investors are advisided not to buy Sanghi group....
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In reply to:
Promoters of Sanghi Group attack each other
Posted by : MMB Messenger
The family feud involving promoters of the Rs 1800 crore, Hyderabad-based Sanghi Group has taken an ugly turn with the warring brothers attacking each other physically during the annual general meeting (AGM).
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The family feud involving promoters of the Rs 1800 crore, Hyderabad-based Sanghi Group has taken an ugly turn with the warring brothers attacking each other physically during the annual general meeting (AGM).
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wat is wrong with these share...no trading..... any idea plz...
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Pfizer shifts focus to cancer and biotech drugsPfizer on Tuesday gave its semiannual update for investors on its research pipeline, stating that it now has 114 human studies of drugs in process and that the number of studies in the final stage has grown from 16 to 25 since its last update in March Biotechnology drugs, which generally are extremely profitable, will be a big part of that pipeline, particularly in cancer research
In morning trading, Pfizer shares were up 15 cents to near their 52-week low and at about the same level where they traded in the summer of 1997
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i am agree with u ppl...
In reply to:
Experts see property prices in Mumbai holding
Posted by : MMB Messenger
Sarang Wadhawan, MD, HDIL, expects real estate prices to hold in Mumbai. However, Gaurav Pathak, Analyst, ICICI Securities, said the price correction is expected least in Mumbai.
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NEW YORK: Reliance ADA group has restarted talks over a potential buyout or equity investment in Metro-Goldwyn-Mayer, the New York Post reported.
Several sources involved or close to the discussions told the paper that the talks were "exploratory," and that Reliance's bankers at UBS were trying to come up with a deal structure "that makes the numbers work."
Former Yahoo Inc and Warner Bros Entertainment CEO Terry Semel and News Corp have also expressed interest in MGM, the paper said.
Earlier this month, DreamWorks reached a deal with Reliance ADAG for $1.2 billion in new financing to leave Paramount and produce movies as an independent studio.
Reliance's talks for MGM were put on hold while it finalized its deal with DreamWorks, but it is still keenly interested, the paper said.
An outright purchase of MGM would trigger change-of-control provisions in the studio's credit lines that the lending banks could use to withdraw funding, the paper said.
"Reliance would want to bring that credit with them to help with leverage and in determining how much money to put in," the Post quoted a source close to MGM as saying.
Reliance, which is controlled by billionaire Anil Ambani, in May signed deals with eight Hollywood production houses run by A-list actors, including George Clooney and Brad Pitt.
Reliance ADA and News Corp did not immediately return calls seeking comment.
Terry Semel was not immediately available for comment.
ET........................
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I know for sure, that past few years, every Finance/ Banking / Economics guy worth his salt, knew where the Wall street\'s financial doings and overlooked deeds - would eventually lead to. I congragulate the US House of Representatives for rejecting the bail out. Sure do undertake the bailout, but take a few tips from the Chinese how to deal with these Wall street shysters, many of them still sitting behind their desks, awaiting the funding, to enable them encash their checks. The bail outs should only begin, after, in a manner of speaking, STOP PAYMENTS have been done on all these so called Bonus and Golden parachute checks, has been done....
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Udayan's Market Outlook
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Investors should stay in cash, not sell in panic | |
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| Udayan Mukherjee, Stocks Editor, TV18 | ||
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