Courtesy: Live Mint
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.
Saturday, November 30, 2013
Suzlon Energy secures 106MW contract from Mitsui and Co.
[Editor: Two of my favorite counters are now being recommended by a Mumbai (Bombay) based MARKET ANALYST. One is from the Power Equipment Space and another from the IT Segment. Join the Paid/ Premium Service or my recommended Brokerage House/s, to know the names of the Scrips, which can give good returns in the short term. Moreover, the Rangarajan-headed panel has, in principle, agreed on a formula that will allow road developers in stressed projects to backend majority of their annual premium payable to the government. The government is close to finalising a bailout package for road developers. Therefore buy in BULK, most of the Infrastructure companies especially, Punj Lloyd Ltd (Rs.26.70) and IVRCL Ltd (Rs.14.00)]
Mumbai, Nov 28 2013: Wind turbine maker Suzlon Energy Ltd, on Thursday, said its subsidiary REpower Systems SE had announced the conclusion of an engineering, procurement and construction (EPC) contract with Mitsui and Co. (Australia) Ltd. to deliver 52 wind turbines with a total rated output of 106.6 megawatts (MW) for the Bald Hills windfarm in Victoria, Australia.
The contract is combined with a service contract for the next 10 years, with a further five year option.
“It is the first contract for REpower with Mitsui and Co, and marks the largest EPC contract, commonly referred to as a full-turnkey contract, for REpower in Australia to date,” Suzlon Energy said in a statement.
As a rule of thumb, a wind turbine costs Rs.6 crore per MW which would make this contract worth over Rs.600 crore.
The turbines are to be delivered in the second quarter of 2014 and to be commissioned in the second quarter of 2015.
“They are expected to produce upto 380,000 MWh of electricity per year, enough to power over 62,000 homes,” the statement added.
In late January, the Suzlon Group won approval for a Rs.9,500-crore debt restructuring plan from its domestic lenders. The lenders, a consortium of 19 banks, also agreed to enhance working capital facilities to the group by Rs.1,800 crore and a 10-year deferred repayment plan.
Courtesy: Live Mint