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SumanSpeaks Capital Markets & Geopolitical Intelligence · Estd 200 6 Turnaround Watch · EPC SEPC Ltd (₹6.54): From Stressed Asset to Strategic Platform Debt down from a peak of ₹907 crore to ₹351 crore. Two SAIL orders worth ₹1,527.89 crore landed inside eight weeks. A Dubai-headquartered promoter that bailed the company out of an RBI stressed-asset restructuring is now backing an ADNOC-linked entry into the Middle East. This is what a real turnaround looks like when you actually read the balance sheet instead of the ticker. 1 The Arc: From a ₹300 IPO to a Stressed Asset to a Rescue SEPC Ltd listed in February 2008 as Shriram EPC, priced at ₹300 a share, raising ₹150 crore under the Shriram Group — one of India's most recognised financial-services names, then led by T Shivaraman...
Govt clears 46 new SEZs:
Wednesday, 23 August , 2006

New Delhi: The Government on Wednesday cleared 46 new Special Economic Zones including two multi-product SEZs spread over 2000 hectares by Essar in Jamnagar and AP Industrial Infrastructure Corporation in Vishakapatnam. While the SEZ promoted by Essar would have an area of 2,470 hectares, the APIIC's project would be spread over 2,309 hectares, according to a release issued here. Apart from a multiple product SEZ, AIIPC's 111 hectare SEZ for electronic hardware has also been approved by Commerce Minister Kamal Nath. Today's approval takes the number of aprovals to 150, as 104 SEZs had been cleared earlier. Of these 46 SEZ, as many as nine are from Maharashtra, seven from Andhra Pradesh, five from Karnataka and four each from West Bengal and Tamil Nadu. Three proposals of SEZs from Gujarat and Haryana have also been cleared while two SEZs have been given the go ahead, in Uttar Pradesh, Kerala, Punjab and Uttaranchal. One SEZ each has been cleared in Rajasthan, Goa and Pondicherry. In Uttaranchal, the state development corporation would set up a 440 hectare SEZ. The biggest SEZ in Maharashtra would be developed by Viraj Profiles, which will be on 235 hectares of land. [From Internet] Best wishes, Suman Mukherjee India. http://finance.groups.yahoo.com/group/SumanSpeaks/

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