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.

Thursday, November 27, 2014

JSW Energy Ltd recommended a couple of days back around Rs.84-87, reached its first short term target of Rs.92 (intra-day it touched Rs.92.30). 
Jaiprakash Power Ventures Ltd, which came out with excellent set of numbers for the Q2FY15, yesterday closed at Rs.13.08 in the BSE. Jaiprakash Power Ventures Ltd posted a net profit of Rs.299.81 crore for the quarter ended September 2014, helped by higher income. The power producer had a net profit of Rs.251.89 crore in the same period a year ago. In a regulatory filing, the company said its total income climbed to Rs.1,201.41 crore in the second quarter of current fiscal. In the same period a year ago, the total income stood at Rs.969.18 crore. The company’s operational capacity includes 1,791MW hydel and 1,160MW thermal assets, minus those put on sale. Meanwhile, JSW Energy said that it has agreed to acquire from Jaiprakash Power Ventures and other shareholders, 100% stake in Himachal Baspa Power Company Limited for a base Enterprise Value of approximately Rs 9,700 crore, subject to mutually agreed adjustments. Moreover, the board of directors of Jaiprakash Power Ventures, a fully owned subsidiary of the Jaypee group, has approved the 100% transfer of businesses of its operating power plants — the 300-Mw Baspa-II hydroelectric plant (commissioned in 2003) and the 1,091-Mw Karcham Wangtoo plant (commissioned in 2011), in Himachal Pradesh. The scrip would slowly move towards Rs.15, in the coming days. 
ARSS Infrastructure Projects Ltd closed flat at Rs.37.60, after touching an intra-day high of Rs.38.70.  The company has an order book of more than Rs.2000 Cr as of 31st September, 2014.This scrip is expected to give multi-bagger returns going forward.
Resurgere Mines and Minerals Ltd yesterday closed flat at Rs.1.50 in the BSE, indicating the end of short term downtrend. The Indian Express, October 30, 2014, writes: 
India’s mining output has fallen by 3.5% over the last two years, making the sector among the worst hit by policy impasse. Of the 218 coal blocks allocated since 1993, only 46 are producing coal or close to doing so, while the rest are dogged by clearance and land acquisition issues. As for iron ore, companies are still struggling to resume production after some states banned it in 2012 to curb illegal mining. Last month, Jharkhand ordered the closure of a majority of iron-ore mines operating under “deemed renewal” status after their leases expired. And the recent Supreme Court order deallocating all but four coal blocks allotted since 1993 created downside risks to mining output.
Therefore, the NDA government should do something immediately to revive the sector, apart from bringing the new mining bill.  
Yesterday a BUY call was initiated in Reliance Power Ltd at Rs.67.50. The scrip moved to Rs.68.70, intra-day. The short term target for the stock is Rs.72.
My Recommended HINDALCO Industries Ltd this week, at around Rs.157, yesterday crossed Rs.169, before closing at Rs.169.15. The scrip I am told was recommended by a number of brokerage houses yesterday, with medium term target of Rs.200 and short term target of Rs.172 (which might be achieved in this week). 
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