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.

Tuesday, March 10, 2015

Karuturi Global Ltd Fixes Book Closure for 19th AGM
Photo: Internet-General.info
09-03-2015: The Register of Members & Share Transfer Books of Karuturi Global Ltd will remain closed from March 13, 2015 to March 20, 2015 (both days inclusive) for the purpose of 19th Annual General Meeting (AGM) of the Company to be held on March 20, 2015.

Meanwhile, there were media report that India's largest rose exporter Karuturi Global Ltd (KGL) has received an approval from the board of directors to offload its 53% stake in Mumbai-based Florista India Pvt Ltd, which operates a chain of floral designing boutiques across India.

Florista India was an unlisted subsidiary of KGL, the world's largest producer of cut roses, and disinvestment was a business strategy which had no material impact on the existing business of the company.

Founded in 2007, Florista India offers roses, orchids, gerberas and exotic flowers for anniversary, birthday, congratulations, get well, love and affection, miss you, and new baby occasions.

Banglore-based Karuturi Global had acquired a 54% equity stake in Florista, which specialises in designing exquisite flower arrangements and decorations made from exotic flowers imported from across the world, for an undisclosed amount in December 2010.

KGL posted a net profit of Rs.10.31 crore in December 2014 quarter, an increase of 31.34%, as against Rs.7.85 crore during the previous quarter ended December 2013. Sales of the company, however, declined 61.3% to Rs.56.98 crore in the quarter from Rs.147.31 crore during the year-ago period.
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