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.

Wednesday, February 25, 2015

Market Mantra
Unitech Ltd today moved to Rs.18.60 intra-day and is now trading around Rs.18.10. This company will be one of the biggest beneficiarires of the government of India's thrust in the AFFORDABLE HOUSING segment. 
Western India Shipyard Ltd, a group company of ABG Shipyard Ltd today hit 20% upper circuits today at Rs.2.2. 
Jindal Saw has fallen to some interesting levels at Rs.76.70 from where accumulation can be done for a target of Rs.92-97. 
Resurgere Mines and Minerals Ltd hit the upper circuits in the NSE at Rs.2.20 and is now trading now trading at that level only. The scrip is moving up due to sudden change the sector outlook. There are media reports that the government of India could reduce export duty on low grade iron ore fines and bauxite.  Though the exchanges has sought a clarification on the share price movement but it is obvious that the scrip is moving up or has moved up due to positive sentiment in the mining sector. Hence, whether the company says it has any undeclared insider news or not, it is unlikely to have any effect on the share price. Meanwhile. there are media reports that Indian exports of iron ore saw huge decline during the initial ten-month period in 2014. The iron ore exports from the country fell sharply by 26.2% during the period from January to October last year when compared with the previous year. This further raises hope that the government might reduce export duty at least on low grade iron ore fines. 
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