Discrimination faced by Mumbaikars...
If the housing societies in Mumbai (Bombay) are only meant for families (married couples), then the government of Maharashtra should make marriage compulsory in the state/city.
Or else the government should tell its citizens where will Unmarried, Divorcees, Bachelors, Spinsters live in the city of skyscrapers or is Bombay only for those who have families.
This is one of the greatest mental blocks of Mumbaikars, who otherwise want to bask in the FALSE HALO of Cosmopolitanism.
This disease (of not giving apartments to Bachelors, Muslims, etc on rent) is specially prevalent in housing societies where the Gujaratis, Marathis and North Indians (to some extent) abound; while the rest of the population is more or less okay with the concept.
The government of Maharashtra should take this matter seriously and devise laws to eradicate this malice ASAP, so that BOMBAY (and its suburbs) becomes free of discrimination based on Marital Status, Religion, etc. Or else the Honourable Supreme Court of India should step in, and give directions to the state or central governments -- so that the fundamental rights of its citizens enshrined in the constitution of India is not violated.
Monday, April 01, 2013
IVRCL sells stake in highway projects worth Rs.2,200 cr to Tata firm
The news appeared today in a financial daily, but if you remember, I had spoken about this development a couple of weeks back and strongly asked all to buy the scrip at around Rs.18--19 (or average around this price). Therefore, follow this blog and make money. Join my Brokerage House, to get these kinds of HOT INFORMATION, delivered to your desk, first.
Mumbai: Construction company IVRCL Ltd is selling its stake in three highway project firms, having a total project cost of Rs.2,200 crore, to Tata Group-promoted TRIL Roads Pvt. Ltd.
The sale is a part of IVRCL’s plan to monetize its build, operate and transfer (BOT) assets, the company said in a statement to BSE on Monday.
“The total deal consideration shall be realized upon satisfaction of certain agreement related condition and upon NHAI (National Highways Authority of India) and lender approvals,” it said.
Salem Tollways operates 53km of the national highway 47 from Salem to Kumarapalayam in Tamil Nadu, Kumarapalayalam Tollways operates 47km of the NH47 from Kumarapalayam to Chengapalli in the state, and IVRCL Chengapally Tollways is developing 54.83km of the highway along Chengapalli-Coimbatore-Walayar in Tamil Nadu and Kerala.
While the first two are already operational, the last project is expected to begin commercial operations by September.
Ernst and Young advised IVRCL on the transaction.
IVRCL said it plans to sell its stake in another three highway or water projects in the next six months, out of its total BOT portfolio of nine projects.
On Monday, shares of IVRCL rose 13.28% to Rs.21.75 on BSE, while India’s benchmark Sensex gained 0.15% to close at 18,864.75 points.
Courtesy: Live Mint