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, July 01, 2013

WINNING STROKES: THINK DIFFERENT
Glodyne Tech Ltd hits the buyer freeze in the opening trade. I had put some positive inputs on the company, a couple of days. CMP: Rs.9.61.
For HDIL, it is a one-way journey for the scrip, as a spate of positive news hitting the counter during the last few days. CLICK HERE. Moreover, the real estate sector has started to look good once again. Today, the scrip touched Rs.42.60, before closing at Rs.41.55. CLICK HERE
Mastek Ltd, which was recommended at Rs.116-117, last week to some Paid and Free Members, today touched Rs.122.90. I have been asking all to be long on the IT counters, since the last few weeks.
Tata Power Ltd seems to have given a break out and is ready to move up in the coming days on the back of POSITIVE news in the power sector. There were earlier media reports that, Tata Power Ltd is scheduled to charge 25% higher tariff to Mumbai residential consumers; MERC also approved a multi-year tariff plan till 2016.Positive in short to medium term for Tata Power. Thus the residential consumers (~3 lakh) of Tata Power Company in the city face a 25% tariff increase in the current financial year. The hike will be applicable from July 1. Maharashtra Electricity Regulatory Commission (MERC) has approved an average increase in tariff to Rs.5.26 from the existing Rs 4.19 for FY14 for residential consumers, which will be effective from July 1. The Commission has approved the multi-year tariff plan till 2016 of Tata Power and allowed an increase of 25% for FY14, 15% for FY15 and 11% for FY16 for residential consumers. The analysts believe that this is positive for Tata Power in short to medium term.
Fundamentally speaking, the market is expected to continue its upward journey, albeit with occasional bits of profit booking as the Government of India (GOI) plans to push in more reforms. The GOI is lining up a spate of decisions as part of a campaign of reforms aimed at lifting the economy out of its worst slump in a decade. India's Finance Minister, Mr. P Chidambaram has said that the govt will revise Foreign Direct Investment cap in various sectors by the third week of July, 2013. Meanwhile, in Japan, the quarterly Tankan index for large manufacturers rose to plus four in June from minus eight in March, the Bank of Japan said in Tokyo, indicating confidence in PM Shinzo Abe’s reflationary policies even after stock market volatility. Also, the PM of India, Dr.M M Singh, expects growth to be 6.5% in FY14, a tad faster than the decade-low growth of 5% recorded last year.