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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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WINNING STROKES: THINK DIFFERENT:
Avon Corporation Ltd moves to 5.90 after a buy call was given on the scrip to the Paid Groups today. There are some good news coming in the company. Also look at the dividend yield of the shares of the company at the CMP of Rs.5.82!!
The Nifty now has a natural target of 5890--5865...The Nifty is expected to take a pause and then start moving up for the next target of 6500--7000. However from tomorrow a broad-based rally covering both small and mid cap counters are expected to start, which will probaly continue till the first or 2nd week of October, 2010. 
Northgate Technologies Ltd has informed BSE that the Board of Directors of the company at its meeting held on September 20, 2010, inter alia, decided to acquire 51% stake in Green Fire Agri Commodities Pvt Ltd (Green Fire) - Green Fire is a 100% subsidiary of Stampede holdings Pvt Ltd (Stampede). Northgate Technologies is engaged in providing technology, e-commerce and online advertisement-related services.Business capabilities of the company revolve around its high-capacity, highly-scalable server farm; services including internet advertising tracking tool, instant messaging, short messaging, net telephony, global content delivery, video streaming, etc. So good news flow continues in Northgate Technologies Ltd.

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