Two Tests for India: The Rupee Under Pressure, and SEPC Ltd (₹4.95) at a Turning Point

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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence Rupee Watch | Small-Cap Research Two Tests for India: The Rupee Under Pressure, and SEPC Ltd (₹4.95) at a Turning Point SEPC has cleared restrictions on about ₹154 crore of receivables, won a Jharkhand stay and signed a ₹854.57 crore SAIL-IISCO contract, yet trades at ₹4.95 against a ₹9.87 NAV-based valuation. The RBI, meanwhile, is reportedly weighing a ₹50 lakh remittance sub-limit alongside tax relief to attract inflows. India's markets are asking two very different questions. The first is macro: is pressure on the rupee pushing the RBI toward tighter limits on overseas remittances? The second is company-specific: can SEPC Ltd (₹4.95), trading at about half the ₹9.87 NAV-based valuation in its July report, close that gap? One concerns national economic policy. The other concerns corporate execution and shareholder value. Both deserve examination on their own merits, and both reward ...
Saudi Kidnap, Rape Victim Faces Lashing for 'Crime' of Being Alone With Man Not Related to Her: See the way the law is being interpreted: I do now know how people live in those countries!!!!???:
A 19-year-old Saudi woman who was kidnapped, beaten and gang raped by seven men who then took photos of their victim and threatened to kill her, was sentenced under the country's Islamic-based law to 90 lashes for the "crime" of being alone with a man not related to her.The woman is appealing to Saudi King Abdullah to intervene in the controversial case."I ask the king to consider me as one of his own daughters and have mercy on me and set me free from the 90 lashes," the woman said in an emotional interview published Monday in the Saudi Gazette."I was shocked at the verdict. I couldn't believe my ears. Ninety lashes! Ninety lashes!" the woman, identified only as "G," told the English-language newspaper.
Five months after the harsh judgment, her sentence has yet to be carried out, "G" said she waits in fear every day for the phone call telling her to submit to authorities to carry out her punishment.Lashes are usually spread over several days.
About 50 lashes are given at a time.The woman's ordeal began a year ago when she was blackmailed into meeting a man who threatened to tell her family they were having a relationship outside wedlock, which is illegal in the desert kingdom, according to a report in The Scotsman newspaper.
She met the man at a shopping mall and, after driving off together, the blackmailer's car was stopped by two other cars bearing men wielding knives and meat cleavers.During the next three hours, the woman was raped 14 times by her seven captors.One of the men took pictures of her naked with his mobile phone and threatened to blackmail her with them.Back at home in a town near the eastern city of Qatif, the young woman did not tell her family of her ordeal.
Nor did she inform the authorities, fearing the rapist would circulate the pictures of her naked. She also attempted suicide. Five of the rapists were arrested and given jail terms ranging from 10 months to five years.
The prosecutor had asked for the death penalty for the men.The Saudi justice ministry(Or Injustice Ministry), however, said rape could not be proved because there were no witnesses and the men had recanted confessions they made during interrogation.The judges, basing their decision on Islamic law, also decided to sentence the woman and her original blackmailer to lashes for being alone together in his car. [From Internet]

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