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, June 14, 2017

1. You can take fresh positions in Punj Lloyd Ltd at Rs.19.65, for targets of Rs.23-25. The
company came out with better numbers in Q4FY17.  Infrastructure developer Punj Lloyd Ltd, set up in its present avatar in 1988, had grown quickly into a $2.6-billion business house within two decades. 

Photo: The Times of India
For the full financial year 2017, the company reported a net loss at Rs.850 crore, lower than the Rs.1513 crore net loss reported for financial year 2016. The Group’s order backlog stands at Rs.18,561 crores.  Punj Lloyd Ltd's losses narrowed to Rs.181.58 crore in the fourth quarter of FY17. The company had posted a loss of Rs.396.15 crore for the year-ago. The order backlog is the value of unexecuted orders on March 31, 2017 plus new orders received after that date. 
With the government approval for a new strategic partnership policy in the defence sector, domestic manufacturers like Punj Lloyd Ltd, are hopeful of exploring huge order book (~Rs.2 lakh crore over the next 10 years) opportunities
Also, despite debt, Punj Lloyd's reputation of completing projects with compete quality control has remained intact, according to Industry watchers and analysts. Though the going is tough, the analysts do expect a revival in Punj Lloyd’s fortunes in the not-too-distant future.

2. Those who have invested in Gammon India Ltd (Rs.9.30) can think of switching to Punj Lloyd Ltd, because the scrip is not going anywhere during the last few days.

3. Those of you who have not exited RCom Ltd (Rs.18.30) till now, should keep the last SL as Rs.17.50.I however, find no hope of the stock price revival till August - September or in the short term unless some form of miracle happens. So, best option is to exit RCom and look for greener pastures, elsewhere.
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