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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence POLITICAL ECONOMY | PART 1: THE TELECOM TEST The Sangh’s Costliest Blunder: Keeping Narendra Modi in the Chair After Demonetisation and a Trail of U-Turns Two private giants, one state-propped survivor, roughly ₹3.22 lakh crore in announced BSNL revival and support packages (spectrum allocation included), and ₹1.41 lakh crore of AGR dues still on the books: telecom shows what happens when one man’s brand becomes the party’s only policy. This is an argument against Narendra Modi, not against the BJP. SYNOPSIS India’s telecom market has narrowed from a messy but real plurality into two dominant private networks, one weak private survivor kept alive by government equity, and a public operator that has needed about ₹3.22 lakh crore in announced support packages and spectrum allocations, not all of it cash. The 2010 spectrum auctions that started the debt spiral were a UPA-era event, and we say so plainly. But a ...
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Important Announcement regarding Ambalal Sarabhai Enterprise Ltd:
There is a strike going on in the company, due to non payment of the salaries of employees. Moreover, the results of the company for Q3FY10, were also not good. There is liquidity crunch in the company (or the company is in need of the working capital) and which needs to be urgently sorted out.
However, the company is doing lot of restructuring of its business and is expected to turn around in the next 6-9 months time frame. It was once among the top 10 (ten) pharmaceutical companies in India.

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