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, November 02, 2015

Reliance Communications to buy Sistema's India wireless business 
[Editor: Today both Reliance Communications Ltd (Anil Ambani Group, CMP: Rs.79.90) and Reliance Industries Ltd (Mukesh Ambani Group) are up. If you remember Reliance Industries Ltd was recommended in this blog at around Rs.943; today it touched Rs.960. I feel the other Reliance Group companies are soon to follow the trend. Meanwhile, there are recent media reports that the Mukesh Ambani-promoted Reliance Jio Infocomm, will lead the 4G subscriber market share despite the 4G network launch by Vodafone, Idea Cellular and Bharti Airtel]
Photo: Ibnlive
MUMBAI: Reliance Communications Ltd on Monday announced plans to acquire Sistema Shyam's wireless service business for a 10% equity in the combined firm to Russia's Sistema. 

The company which runs the only all-CDMA technology based network under the brand MTS will come without any debt, as its promoters will repay all loans prior to the merger, a joint statement said.Reliance Communications will undertake Rs 392 crore of annual spectrum payment for the next 10 years that are due from Sistema for the 3.75 MHz of airwaves it holds in nine circles. 

While Sistema will not get any board seat of veto rights, for the moment its management continue to run its operations, as per the agreement. 

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