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, January 26, 2015

Suzlon Energy Ltd: Exit
CMP: Rs.14.86.
Photo: Financial Express
Suzlon Ltd which bought Senvion SE for EUR 1.5 billion way back in 2007, has been forced to give up the German firm at a loss with a sale to private equity firm, Centrebridge Partners LP fetching him just EUR 1 billion. While Tulsi Tanti, who founded Suzlon Energy to make wind turbines, may justify the valuation and claim there’s a gain on the currency, it’s a fact that global energy majors were valued more highly in mid-2014.

Suzlon’s bankers, however, will be a relieved lot because it was evident that the firm, which had piled up a debt of R17, 323 crore, was becoming increasingly vulnerable to a bankruptcy. Already the Pune-headquartered firm had defaulted on a $209 million repayment in 2012 and bankers had restructured R9,500 crore worth of borrowings. 
Now even after Rs.6,000 crore of the Rs.7,200 crore that the Senvion sales fetched is returned to the banks, the firm will remain hugely over leveraged. 

The investors who have still not booked profit in the counter (as it touched all my short term targets: Rs.15 and Rs.17) are suggested to exit the stock of Suzlon Energy Ltd (Rs.14.86), lock, stock and barrel and enter more fundamentally strong companies like Jindal Saw Ltd (Rs.84.60). 

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