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In times like these, when inflation is creeping up and \'money in the hands of people\' is decreasing due to various factors, should we start restructuring our personal budgets?, should we start saving for the uncertain future which looks bleak to say the least. ...
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Hardline separatist leader Syed Ali Shah Geelani on Monday demanded the merger of Jammu and Kashmir with Pakistan, as leaders of the moderate Hurriyat faction spoke about independence and a dialogue over the state, triggering a leadership and ideological clash in the Muslim-dominated valley.
Tens of thousands of Muslim Kashmiris marched towards a United Nations office here amid heavy security arrangements, demanding UN intervention to solve the more than 60-year-old Kashmir dispute.
Demonstrators shouting"We Want Freedom", " Aiy zaalimo, aiy kaafiro , Kashmir hamara chhod do " (Tyrants and oppressors, leave our Kashmir), as they marched past police barricades near the UN Military Observer Group in India and Pakistan (UNMOGIP) office in the summer capital Srinagar.
Addressing the mammoth gathering at the Tourist Reception Centre here, Geelani said there was "no solution to the Kashmir issue other than merger with Pakistan".
"We are Pakistanis and Pakistan is us because we are tied with the country through Islam," he roared, as the crowd cheered and chanted along with him: " Hum Pakistani hain , Pakistan hamara hai " (We are Pakistanis, Pakistan is ours).
Much to the "ugly surprise" of the moderate Hurriyat leaders, who were sharing the stage with him, Geelani said the leadership issue of the Kashmiri separatist movement was "solved today".
"Do you have faith in my leadership? I will be faithful to you till my death and will carry everyone along," he said, as the crowd applauded him shouting in unison " zaroor " (certainly).
Moderate Hurriyat leader Mirwaiz Umar Farooq in his speech earlier called for a trilateral dialogue over Jammu and Kashmir, whose ownership is disputed by India and Pakistan who claim the region in full but rule in parts.
"We ask India to start a dialogue over Kashmir, open the Srinagar-Muzaffarabad road for trade and release all Kashmiris in Indian jails," he said. Muzaffarabad is the capital of Pakistan-administered Kashmir.
Pro-independence leader Yasin Malik said that Kashmiris want "complete freedom" - implying from both India and Pakistan.
" Is paar bhi lenge azadi, us paar bhi lenge azadi " (we will free both Kashmirs) was Malik's slogan, as the crowd also cheered him.
However, Geelani countered their remarks saying all these issues would be solved once Kashmiris get their right to self-determination and merge with Pakistan.
The two factions of the Hurriyat Conference had been at loggerheads but got united when the Kashmir Valley saw protests against the transfer of government land to the Amarnath shrine management two months ago.
The state government cancelled the order - provoking protests in Jammu region and triggering an unprecedented communal divide in the state. The Jammu agitation revived protests in the Valley that have snowballed into anti-India protests reigniting calls for Kashmir\'s independence.
Violent protests last week killed at least 22 Muslim demonstrators, including a senior separatist leader.
UNMOGIP is one of the oldest UN missions and monitors a 1949 ceasefire line dividing Kashmir between India and Pakistan.
Hurriyat supporters travelled in cars, buses, and on motorcycles carrying green flags, as police and paramilitary troopers, asked to exercise maximum restraint, looked on.
Geelani's leadership claim and pro-Pakistan slogans have led to a bickering between the two factions of the Hurriyat that were joining hands after the separatist conglomerate broke up in August 2003.
A moderate Hurriyat leader said it was Geelani's dream to emerge as the "king of Kashmir".
"But if you cannot carry the load of sanity, you have no right to live not to talk of leading people," said the separatist leader, speaking on condition of anonymity given the "precarious" situation in the separatist camp.
"One who seeks leadership, don't make him a leader," the separatist leader quoted a saying of the Prophet to challenge Geelani's claim.
"About Geelani's claim and today's rally and sloganeering, I have kept my lips sealed. I am not going to speak to anybody about it," Abdul Gani Bhat, former chairman and spokesman of the moderate Hurriyat, said.-TOI.
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Hardline separatist leader Syed Ali Shah Geelani on Monday demanded the merger of Jammu and Kashmir with Pakistan, as leaders of the moderate Hurriyat faction spoke about independence and a dialogue over the state, triggering a leadership and ideological clash in the Muslim-dominated valley.
Tens of thousands of Muslim Kashmiris marched towards a United Nations office here amid heavy security arrangements, demanding UN intervention to solve the more than 60-year-old Kashmir dispute.
Demonstrators shouting \"We Want Freedom\", \" Aiy zaalimo, aiy kaafiro , Kashmir hamara chhod do \" (Tyrants and oppressors, leave our Kashmir), as they marched past police barricades near the UN Military Observer Group in India and Pakistan (UNMOGIP) office in the summer capital Srinagar.
Addressing the mammoth gathering at the Tourist Reception Centre here, Geelani said there was \"no solution to the Kashmir issue other than merger with Pakistan\".
\"We are Pakistanis and Pakistan is us because we are tied with the country through Islam,\" he roared, as the crowd cheered and chanted along with him: \" Hum Pakistani hain , Pakistan hamara hai \" (We are Pakistanis, Pakistan is ours).
Much to the \"ugly surprise\" of the moderate Hurriyat leaders, who were sharing the stage with him, Geelani said the leadership issue of the Kashmiri separatist movement was \"solved today\".
\"Do you have faith in my leadership? I will be faithful to you till my death and will carry everyone along,\" he said, as the crowd applauded him shouting in unison \" zaroor \" (certainly).
Moderate Hurriyat leader Mirwaiz Umar Farooq in his speech earlier called for a trilateral dialogue over Jammu and Kashmir, whose ownership is disputed by India and Pakistan who claim the region in full but rule in parts.
\"We ask India to start a dialogue over Kashmir, open the Srinagar-Muzaffarabad road for trade and release all Kashmiris in Indian jails,\" he said. Muzaffarabad is the capital of Pakistan-administered Kashmir.
Pro-independence leader Yasin Malik said that Kashmiris want \"complete freedom\" - implying from both India and Pakistan.
\" Is paar bhi lenge azadi, us paar bhi lenge azadi \" (we will free both Kashmirs) was Malik\'s slogan, as the crowd also cheered him.
However, Geelani countered their remarks saying all these issues would be solved once Kashmiris get their right to self-determination and merge with Pakistan.
The two factions of the Hurriyat Conference had been at loggerheads but got united when the Kashmir Valley saw protests against the transfer of government land to the Amarnath shrine management two months ago.
The state government cancelled the order - provoking protests in Jammu region and triggering an unprecedented communal divide in the state. The Jammu agitation revived protests in the Valley that have snowballed into anti-India protests reigniting calls for Kashmir\'s independence.
Violent protests last week killed at least 22 Muslim demonstrators, including a senior separatist leader.
UNMOGIP is one of the oldest UN missions and monitors a 1949 ceasefire line dividing Kashmir between India and Pakistan.
Hurriyat supporters travelled in cars, buses, and on motorcycles carrying green flags, as police and paramilitary troopers, asked to exercise maximum restraint, looked on.
Geelani\'s leadership claim and pro-Pakistan slogans have led to a bickering between the two factions of the Hurriyat that were joining hands after the separatist conglomerate broke up in August 2003.
A moderate Hurriyat leader said it was Geelani\'s dream to emerge as the \"king of Kashmir\".
\"But if you cannot carry the load of sanity, you have no right to live not to talk of leading people,\" said the separatist leader, speaking on condition of anonymity given the \"precarious\" situation in the separatist camp.
\"One who seeks leadership, don\'t make him a leader,\" the separatist leader quoted a saying of the Prophet to challenge Geelani\'s claim.
\"About Geelani\'s claim and today\'s rally and sloganeering, I have kept my lips sealed. I am not going to speak to anybody about it,\" Abdul Gani Bhat, former chairman and spokesman of the moderate Hurriyat, said.-TOI.
...
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I am happy that some one has dealt with so important aspects of a company's balance sheet This is so simple n so easily ignored by the investors The momentum stocks too play based on these fundamentals only n also off balance factors like quality n vision of the promoters,their execution competance,returns to share holders n communications with investors
I give you 5star for your educative efforts
NICE WORK DONE BY rvk41...
In reply to:
To select a company to invest
Posted by :
rvk41
Th eight financial parameters that you should look into when you invest in a company.
Return on Capital employed: This refers to the amount earned by the company on the total funds employed in business. The capital means both equity capital and loan capital. Equity capital would, of course, include reserves as well. Return would mean profit after tax plus interest on long-term funds, adjusted for tax. This measures the productivity of money and is the closest measure of finding out the underlying economics of the business. Higher the ROCE, better for the investor. At minimum, ROCE should be equal to the Weighted Average Cost of Capital (WACC) of the company. The WACC is the rate of return that equity shareholders and debt holders put together want to earn.
Return on equity: The return on equity measures the total return earned on the shareholders fund invested. It is the ratio of profit after tax to shareholders funds. Over the long term, the value of a company would move in lock step with the return on equity. Higher the ROE, better for the investors. Generally, ROE is higher than ROCE since the cost of debt is generally lower than ROCE, thus resulting in equity holders enjoying a higher share in the total returns pie.
Historical sales growth: This indicates how the company has been able to grow its business over the long term. Compared with the industry growth rate, this would give an indication of whether the company is increasing its market share or not. Also, it would help in finding out whether the business is in the growth or maturity phase and in understanding the seasonality of the business and, interpreting growth of the recent past, accordingly.
Free cash flows to shareholder: Business is not about booking accounting profit; hence cash surplus is more important than accounting surplus. Free cash flow is found out by deducting the upcoming maintenance capital expenditure from the cash from operations.
A business might be earning lots of profits, but if a large portion of it are to be spent in maintaining the fixed assets, then the “real returns” to shareholders will be less. Thus, higher the free cash flows, better for the investor.
Debt/equity ratio: This compares the debt employed in the business relative to the equity component. Also called leverage, this can help magnify the return to the shareholder and is invariably used for that purpose. However, high leverage would create problems for the company, especially when there is a business slowdown. Though there is no hard and fast rule of what is the ideal debt/equity mix, a debt/equity ratio of higher than two is considered risky.
Working capital: In simple terms, working capital refers to the amount of cash required by the company to run its day-to-day business. The need for working capital arises since there is a time lag between business expenses and realisation from customers. Higher working capital means that cash is locked in unproductively. The ratio of sales to working capital is important. Higher this ratio, the better, because it implies that there is a bigger bang being got for every rupee of working capital.
Profitability margins: Margins refer to the difference between sales and cost. Margin is an indicator of the value add provided by the business to the customer. Consistently higher margins imply that the business has the ability to pass on the hike in cost to the customers. Some of the crucial margin numbers are gross margin, EBIT margin and net margin.
Gross margin is the ratio of gross profit to sales where gross profit is the difference between sales and manufacturing cost. EBIT margin is the ratio of operating profit to sales where operating profit is profit before interest and taxes. Of course, ultimately, it is the ratio of net profit to sales that is crucial.
Degree of exposure to macro factors: An investor should be aware of the exposure of the company to macro factors such as exchange rates, interest rates, inflation etc. For instance, depreciation of the rupee is good for exporters, whereas it increases the cost of imported goods for importers. Similarly, a company with high amount of borrowing at floating rates would see an increase in interest cost if the PLR is increased.
souce .BL.with regards
rvk41
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Non-financial factors
Quality of management: Management is the trustee of the shareholders funds and is responsible to run the business in the best interests of the shareholders. A good management consistently displays two traits. One, employing the shareholders funds in “high return” projects after careful analysis. And, two, linking the rewards of the management closely with that of the shareholders. Investors should carefully study management guidance, managerial remuneration policy etc to see whether management actually acts in the interest of the shareholders.
Competitive advantage and its durability: You should carefully understand the unique selling proposition of the company that will help it sustain in today’s highly competitive environment.
This can be in the form of established brands (for FMCG, fashion businesses), patents and intellectual property rights (for pharma, technology companies), location (for hotels, retailers), cost of funds ( for banks, NBFCs), quality of manpower (for software companies). If the company does not enjoy any unique advantage, then it becomes highly vulnerable to competition and is likely to make compromises such as price cut to ensure its sustenance.
Accounting policies: You should understand key accounting policies to find out if they are reasonably conservative. A very aggressive accounting policy is not good as it might temporarily inflate the profits and cause fluctuations in earnings.
A few common accounting manipulations include capitalising expense; making inadequate provisions; non-disclosure of off-balance sheet commitments (like contingent liabilities, hedging contracts etc); big bath accounting (booking fictitious expenses when PE multiple of the company is low and reversing them when it improves; not routing expenses through income statement (directly adjusting losses against reserves).
Now that you have a clue to how company analysis is done at a broad level, you should be able to pick stocks.
Sources of information
Annual report;
Financial statements;
Accounting policies;
Management discussion and analysis;
Investors meet/call by the management after the announcement of quarterly results;
Announcements/intimations to stock exchanges;
Press releases on key issues such as acquisitions, expansion plans
Source B L, with regards
rvk41...
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Th eight financial parameters that you should look into when you invest in a company.
Return on Capital employed: This refers to the amount earned by the company on the total funds employed in business. The capital means both equity capital and loan capital. Equity capital would, of course, include reserves as well. Return would mean profit after tax plus interest on long-term funds, adjusted for tax. This measures the productivity of money and is the closest measure of finding out the underlying economics of the business. Higher the ROCE, better for the investor. At minimum, ROCE should be equal to the Weighted Average Cost of Capital (WACC) of the company. The WACC is the rate of return that equity shareholders and debt holders put together want to earn.
Return on equity: The return on equity measures the total return earned on the shareholders fund invested. It is the ratio of profit after tax to shareholders funds. Over the long term, the value of a company would move in lock step with the return on equity. Higher the ROE, better for the investors. Generally, ROE is higher than ROCE since the cost of debt is generally lower than ROCE, thus resulting in equity holders enjoying a higher share in the total returns pie.
Historical sales growth: This indicates how the company has been able to grow its business over the long term. Compared with the industry growth rate, this would give an indication of whether the company is increasing its market share or not. Also, it would help in finding out whether the business is in the growth or maturity phase and in understanding the seasonality of the business and, interpreting growth of the recent past, accordingly.
Free cash flows to shareholder: Business is not about booking accounting profit; hence cash surplus is more important than accounting surplus. Free cash flow is found out by deducting the upcoming maintenance capital expenditure from the cash from operations.
A business might be earning lots of profits, but if a large portion of it are to be spent in maintaining the fixed assets, then the “real returns” to shareholders will be less. Thus, higher the free cash flows, better for the investor.
Debt/equity ratio: This compares the debt employed in the business relative to the equity component. Also called leverage, this can help magnify the return to the shareholder and is invariably used for that purpose. However, high leverage would create problems for the company, especially when there is a business slowdown. Though there is no hard and fast rule of what is the ideal debt/equity mix, a debt/equity ratio of higher than two is considered risky.
Working capital: In simple terms, working capital refers to the amount of cash required by the company to run its day-to-day business. The need for working capital arises since there is a time lag between business expenses and realisation from customers. Higher working capital means that cash is locked in unproductively. The ratio of sales to working capital is important. Higher this ratio, the better, because it implies that there is a bigger bang being got for every rupee of working capital.
Profitability margins: Margins refer to the difference between sales and cost. Margin is an indicator of the value add provided by the business to the customer. Consistently higher margins imply that the business has the ability to pass on the hike in cost to the customers. Some of the crucial margin numbers are gross margin, EBIT margin and net margin.
Gross margin is the ratio of gross profit to sales where gross profit is the difference between sales and manufacturing cost. EBIT margin is the ratio of operating profit to sales where operating profit is profit before interest and taxes. Of course, ultimately, it is the ratio of net profit to sales that is crucial.
Degree of exposure to macro factors: An investor should be aware of the exposure of the company to macro factors such as exchange rates, interest rates, inflation etc. For instance, depreciation of the rupee is good for exporters, whereas it increases the cost of imported goods for importers. Similarly, a company with high amount of borrowing at floating rates would see an increase in interest cost if the PLR is increased.
souce .BL.with regards
rvk41
...
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sebi made it mandatory for companies to send dividend through ecs but so many companies are still sendiing dividend through post which is risky and time consuming one depository participents are not responding and asking investors to write letter dirctly to company,nsdl and sebi must take strict actions against the companies....
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Dear rvk41
Whether we like or not what you have presented is the fact. Sixty years are not at all a small duration, and if the political stalverts had enough forsight and vision may more things could have been achived in big. Many problems could have been settled and solutions found for disputes. Instead the they have become aggravated into bigg magnitudes and people have a genuine doubt whether there could be soulutions at all in the future. Nationalishm, Patriotism, service to people have becom mere slogans used on certain national occasions. Unfortunately we lack leaders comanding national respect and our democracy is based on winning elections using some novel arithmatics and chemistry to dupe the people.
We have the resuources, manpower, and everything but a strong willpower integrating the factors is the need of the hour. Hope we achieve it in the near future.
Happy Independence Day!
Sridharan
Of course there are developments in many fields which can not be ignored and in the case of IT. Even the IT revolution is due to recent development in a matter of 10-15 years.
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In reply to:
60 years of Independance
Posted by : rvk41
In sixty years of Independence, India has come a long way. The country has carved a niche for itself in the field of information technology, which has thrown open a goldmine of opportunities for the middle class. A new breed of young professionals now earns much more than their parents ever did in their lifetime. And swanky malls, luxury apartments and swish cars are but an indicator of this resurgent India. Yet, we have a long way to go. The growth has been imbalanced and haphazard. The system doesn\'t facilitate upward mobility for all classes. Millions live in slums and farmer suicides have reached alarming proportions. Caste-based politics and communal divides are firmly entrenched in the political system as are corruption and criminalization. And our country\'s security is at its lowest ebb with bomb blasts shattering any illusion we may have of being an emerging superpower. We may have come a long way, but the road ahead is much longer
Message of an expert,with regards
rvk41
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In sixty years of Independence, India has come a long way. The country has carved a niche for itself in the field of information technology, which has thrown open a goldmine of opportunities for the middle class. A new breed of young professionals now earns much more than their parents ever did in their lifetime. And swanky malls, luxury apartments and swish cars are but an indicator of this resurgent India. Yet, we have a long way to go. The growth has been imbalanced and haphazard. The system doesn\'t facilitate upward mobility for all classes. Millions live in slums and farmer suicides have reached alarming proportions. Caste-based politics and communal divides are firmly entrenched in the political system as are corruption and criminalization. And our country\'s security is at its lowest ebb with bomb blasts shattering any illusion we may have of being an emerging superpower. We may have come a long way, but the road ahead is much longer
Message of an expert,with regards
rvk41...
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Official discourse on the accession of the princely state of Jammu and Kashmir to India in 1947 itself presupposes that the state willingly joined the Indian Union. And given the national narrative of secularism, J&K, with its majority Muslim population was to be held up as the showcase secular state. Some of the answers as to why the same state erupted in a mass insurgency in the late eighties lie in the spillages in those narratives of accession, secularism and Indian democratic processes in the state. The ongoing fracas over the issue of land transfer to the Shri Amarnathji Shrine Board, and the economic blockade of the Valley, which has literally split the state along communal lines, would make sense only when viewed through this prism.
The key divergence perhaps is that the thrust of the national liberation movement in J&K was against the autocratic and repressive Dogra regime, not the British. The history of modern political mobilisation in the state, and more particularly the Valley, begins with the 1931 massacre of civilians in Srinagar by the Dogra forces, which culminated in the ‘Quit Kashmir’ movement of 1946 — spearheaded by the National Conference (NC) under Sheikh Abdullah.
The movement would, in later decades, come to be seen as the first stirrings of Kashmiri self-assertion after around 600 years of foreign rule, starting from the time when Akbar defeated the last independent Kashmiri king. The collective memory of the brutality of the intervening foreign rulers isn’t necessarily communal — the Afghans, for example, are considered to have been far more ruthless than even the period of Sikh rule or the Dogras. The Dogra state, however, was unique in that, as historian Mridu Rai points out in her Hindu Rulers, Muslim Subjects, it was an actualised modern Hindu state, with savage discrimination against Muslims enshrined in state laws.
It was the consequent desire to broaden the Quit Kashmir movement into one of larger nationalist expression that led people like Prem Nath Bazaz, a Kashmiri Hindu, to influence Sheikh Abdullah to change the Muslim Conference into the NC. Bazaz, who remained one of the most original votaries of Kashmiri independence, would later turn into a bitter foe of the Sheikh. His criticism that the latter had betrayed the Kashmiri nation by gradually accepting its integration into the Indian Union, would, over time, be legitimated by the mass insurgency against the ‘latest foreign occupier’ — the Indian state.
The political history of J&K after independence, thus, is one largely composed of the Centre dismissing governments, installing new ones and electoral exercises being routinely rigged. The gradual discrediting of the entire democratic process, as well as the consciousness of a larger communal identity politics being played out nationally, coalesced a first-of-its-kind alternative in the Muslim United Front (MUF) in 1986-87. The blatant rigging of the consequent elections, with the Farooq Abdullah-led NC declared winner, marks the point of complete rupture with the Indian democratic system and political agency within the Valley. The MUF, even as it was aligned along Islamist lines, had strands of Kashmiri nationalism, and consequently, it was no surprise that the first wave of Kashmiri militants were mostly grassroots workers of the MUF.
The complete Islamisation of the insurgency was, however, not quite a natural phenomenon. Indeed, the self-professedly secular-nationalist JKLF did target a number of Kashmiri Hindus in the early years, yet it also killed a disproportionately higher number of Kashmiri Muslims, who belonged to the same intelligence-political set up. The gradual ascendancy of Islamist militant groups has, in fact, also to do with both Indian and Pakistani aversion for a genuinely Kashmiri nationalist sentiment. The brutal state response to the militancy was later followed by an attempt to enforce a democratic process, with people often forcibly hauled off to vote.
The increasingly communalised national political process has also aided in the emergence of Islamist narratives about the insurgency and the Kashmir issue. These have been merely concretised by a communalised state apparatus that seeks to exclude local participation in historically syncretic events like the Amarnath yatra. The handover of land for the yatra was thus seen as a symbolic act of a hostile administrative-political set up. And even as the memory of the various alternative access routes to Kashmir live on in the popular unconscious, the blockade of the sole remaining road link reinforces the perception of physical and psychological siege.
-Najeeb Mubarki, EcoTimes-
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For the last about 35 days Jammu is literally burning due to wrong policies of Government.Why the govt. is trying to interfere in the religious matters of Hindus.Matters of faith need to be handled delicately.First the govt. goofed up Sethusamundaran Project by stating that there is no evidence that Sethu bridge was built by Lord Rama although in India even a child would know that this bridge was built by army of Lord Rama.And now a new needless row over land alloted to Sh. Amarnathji Shrine Board(SASB).People are right in protesting against rescinding of the land diversion order to SASB last month.This piece of land which is needed by SASB to provide better facilities to pilgrims during Yatra is not a big piece of land.This plot of land is not bigger than Delhi’s Nehru Stadium.So what is the big deal if such a piece land is alloted to religious body for providing better facilities to millions of pilgrims during Yatra.Th government should not interfere with Yatra and SASB should manage the facilitation of Yatra and cancelled land allotment should be restored to SASB immediately....
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There is one blogspot where its author/editor must be thinking that he is dictating the market rather than analysing it. He says his earlier recommended prajay almost hits buyers freeze at 70 forgetting the fat that the poor chap recommended it at a price around 350 and kept mum all these days when it hit serial down circuits.He says Marc Faber changed his stance about crude after this fellow wrote about him ahhha . And funniest is he says he has got paid groups!!!! Luckily so far he has not written MR.MAN MOHAN SINGH WENT AHEAD WITH NUCLEAR DEAL BECAUSE HE INSISTED IT...
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i want to ask that what is Top line Groth and bottom line Groth any one explane me please....
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The detonators used in the blasts in Ahmedabad and in the unexploded bombs in Surat, according to markings recovered from the sites, are learnt to have been manufactured by A P Explosives (P) Ltd, a company based at Bommalramaram Village & Mandal in Nalgonda district of Andhra Pradesh. This company makes detonators and detonating fuses. Nalgonda is about 170 km from Hyderabad.
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Speaking to The Indian Express, Joint Commissioner of Police (Crime) Ahmedabad City Police Ashish Bhatia said: “It is true the detonators bore the initials of a company based in Nalgonda. We are investigating if they were directly bought from there. Since the company produces in mass and supplies all over the country, they could have been bought from any distributor. We have to find out the distributors in Ahmedabad or anywhere in Gujarat and then establish the chain,” Bhatia said.
An Ahmedabad Crime Branch team is expected to visit Nalgonda to investigate the origin of the detonators and try to track its journey to Gujarat.
Hyderabad Police Commissioner B Prasada Rao told The Indian Express on Wednesday evening that he had received inputs from the Ahmedabad Police that the detonators found from the explosives bore the name of the company that manufactured them at Bommalramaram and that they wanted to know more about the company.
“I am not sure if there is any direct link because this company manufactures detonators on a large scale and they are supplied across the country. It is not yet confirmed that the detonators were bought from Bommalramaram or any part of Andhra,” Commissioner Prasada Rao said.
There are at least two dozen companies in Nalgonda which manufacture detonators, fuses, slurry and emulsion explosives. There are two manufacturers of detonators in Bommalramaram while one company manufactures slurry and emulsion explosives.
Sources in Hyderabad City Police said that the Gujarat Police also wanted to know more about Shahid alias Bilal alias Mohammed Abdul Sahel who is a native of Hyderabad and one of the key suspects in the Hyderabad blasts. “Shahid’s whereabouts are unknown. He is suspected to be somewhere outside India. There were unconfirmed reports that he died some time ago in Pakistan. Shahid’s involvement is suspected in the twin blasts at Lumbini Park and Gokul Chat House, last year,” the official said. The twin blasts case as well as the Mecca Masjid blast case are yet to be cracked. Hyderabad Police Commissioner B Prasada Rao said that Shahid was suspected to be in Pakistan. “There are conflicting reports that he died there some time ago. We are not sure of that,” Rao said.
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I JUST HAD READ SOME OF THE POSTS from APEMAN named SHARKK on board of Kotak Investments...... Sharkk looks ape.. No comment to be offered for such IDIOTS....
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