Presidential Elections: Support Dr.Meira Kumar

Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.

Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.

Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.

Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also correct some of the historical mistakes of not making her father, the Prime Minister of India.

Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar, give a conscience vote and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar.....👍✌



Wednesday, May 22, 2013

SBEI Infrastructure Finance Ltd: Buy For Immediate Gains
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SREI Infrastructure Finance Ltd is a Holistic Infrastructure Institution, constantly and consistently ideating to deliver innovative solutions in infrastructure space, thus playing a significant role in nation-building for over two decades, both in urban and rural India. SREI's businesses include Infrastructure Project Finance, Advisory and Development, Infrastructure Equipment Finance, Venture Capital, Capital Market and Insurance Broking. Srei has a pan India presence with a network of 85 offices and has also replicated its business model overseas with two offices in Russia and one in Germany.
SREI Infrastructure Finance Limited, India’s one of the leading infrastructure financial institutions, recorded a 27% growth in its Consolidated Total Income at Rs.3,109.92 crore during the year ended March 31, 2013 as compared to Rs.2,446.33 crore during the corresponding period last year. The Consolidated Profit After Tax (PAT) increased by 136% at Rs.263.18 crore during the year ended March 31, 2013 as against Rs.111.81 crore in the corresponding period last year. The Consolidated Profit before Tax was  Rs.362.78 crore as against Rs.236.77 crore in the previous year, registering a growth of 53 %. SREI Infrastructure Ltd's consolidated assets under management stood at whooping Rs.33, 330 crore as on March 31, 2013 from Rs.30, 881 crore from the previous year, registering an increase of 8%. The consolidated disbursement during the year ended, 2013 was recorded at Rs.15,667 crore.
The Board of Directors of the Company at its meeting recommended a dividend of 5 % to the shareholders
SREI Infrastructure Ltd's Businesses:
(i) SREI Project Finance Business maintained a positive business momentum despite a challenging macro-economic environment, during the financial year 2012-13 leading to a portfolio growth of 11% to Rs.10,060 as on March 31, 2013 from Rs.9,111 crore as on March 31, 2012 last fiscal. The team continued to offer tailor-made innovative financing solution to its clients in infrastructure sectors like conventional power, renewable energy, road, port, urban infrastructure and SEZ & industrial park to diversify the portfolio across various infrastructure sub-sectors. During the financial year FY13, higher emphasis was laid on strengthening the systems & processes and a new Information - technology based Loan Origination and Management System was implemented to ensure that the Business is geared to take full advantage of the opportunities existing in the Indian infrastructure domain.
 
(ii) SREI Equipment Finance Business, the industry leader in infrastructure and construction equipment financing, continuing on its growth trajectory, recorded a total Asset Under Management of  Rs.19,315 crore as on March 31, 2013 as compared to Rs.17,476 crore last fiscal, an increase of 11 %. The Profit Before Tax stood at Rs.403.48 crore as on March 31, 2013 as compared to Rs.304.62 crore during the last fiscal while the Profit After Tax stood at Rs.269.92 crore for the year ended March, 2013 as against Rs.197.23 crore during the same period last fiscal,  recording a growth of 27%.

(iii) SREI Infrastructure Project Development Business with its progress has made an indelible impression as a leading sponsor of PPP Business in Road sector in our country which has an appreciable and robust portfolio of close to 5,500 Lane Kms of Road Assets with a total capital cost of Rs.11,631 crore, which is already commissioned or under implementation in consortium with reputed domestic and acclaimed international partners under PPP framework. These projects are a diversified mix of annuity and toll-based projects and have been awarded by the National Highway Authority of India (NHAI) under National Highways Development Programme (NHDP), Ministry of Road Transport & Highways and various State Governments.

(iv) SREI Project Advisory Business is taking lead and pioneering itself in all major thrust area of Infrastructure. It has been empanelled with the Prime Minister’s Office (PPP Cell) of the Government of Bangladesh as Transaction Advisor for PPP Projects in Civil Accommodation Infrastructure sector (economic zones, city infra development, public building). It has also been empanelled by DMICDC as Transaction Advisors for a large stream of PPP projects in offering. With its proven credential in Road, Bridge and Transportation sector, it has bagged a mandate from West Bengal State Rural Development Agency for Preparation of Detailed Project Reports on Rural Roads and Major Bridges on un-bridged gaps under PMGSY in West Bengal. In addition, it is now the Transaction Advisor for PPP Projects in Bihar for Infrastructure Development in Patna.
SREI Advisory has also secured a major assignment in State of Maharashtra from Directorate of Medical Education and Research which envisages providing Transaction Advisory and Project Management Consultancy services for setting up of 14 Nursing Care Units on PPP.