DO YOU KNOW? Rohit Ferro-Tech Ltd (Rs.6.53) earlier informed the BSE, that Company's Factory at Haldia, Purba Mednipur, was under suspension of work from July 01, 2015. The Suspension of work was mainly on account of the following reason: Substantial gap in Tariff of electricity by the West Bengal State Electricity Distribution Co. Ltd. (WBSDCL) and Damodar Valley Corporation (DVC). For the Company's Haldia Plant, the Company have to procure electricity from WBSEDCL, whose rates are 30% higher compared to DVC and as a result the Company is incurring huge losses. This a good news for the shareholders, as the company might now think of procuring electricity from DVC instead of WBSDCL. The scrip should slowly move towards Rs.8-9.5 in the coming days--remain invested.
Posts
Rolta India Ltd: On a path of Recovery Moneycontrol.com writes on July 29, 2015 : The Ministry of Defence (MoD) has selected 10 companies who can file expression of interests (EoI) for futuristic infantry combat vehicles by October 2015. This will replace the Sarath BMP, which has been existing since past 10 years. The seven year old project is worth Rs.60,000 crore and includes large players like Tata Motors , M&M , Tata Power SED, L&T and smaller players like Titagarh Wagon , Rolta Limited, Pipavav Defence , Bharat Forge and Punj Lloyd. Meanwhile, there were media reports that India’s Rolta Power Pvt Ltd and China-based Zhenfa New Energy Science and Technology Co Ltd have teamed up with a plan to install at least 2 GW of solar power capacity in India by 2020. The two companies have entered into a memorandum of understanding (MoU) to conduct and capitalise on joint engineering, procurement and construction (EPC) opportunities in India’s solar power industry, t...
Karuturi Global Ltd: The India's largest Rose Flower Exporter, is on a Dream Run Earlier the India's largest rose exporter Karuturi Global Ltd (KGL) received an approval from the board of directors to offload its 53% stake in Mumbai-based Florista India Pvt Ltd, which operates a chain of floral designing boutiques across India, according to a stock market disclosure. Recently Karuturi Global Ltd announced that the Committee of the Board of Directors of the Company at their meeting held on 25 May 2015, has allotted: 1. 34,50,00,000 Convertible Warrants of Face Value of Re. 1/- each to Non Promoters on Preferential Allotment basis through Resolution passed by the Shareholders at the Annual General Meeting held on 20 March 2015 pursuant to the provisions of Section 62 and other applicable provisions of the Companies Act, 2013. 2. 1000 Fully Convertible Debentures of Face Value Rs. 5,00,000/- each to Promoter through Resolution passed by the Shareholders at the Annual Gen...
Yakub Memon execution: India needs to become more humane and abolish capital punishment Photo: India Today [ Editor : The event shows that the current Indian Leadership cannot think beyond a point, as the state still uses medieval methods as deterrents to curb crimes--oblivion of the limitations of the "Death Sentence". Moreover, it has been proved that Narendra Modi government, does not have the power of innovation. A long time Facebook Friend came out with a sharp criticism against me when he said: "Tumahre jaise log ho to India ko kab ka Pakistan bana de..same (sic) to be indain(sic)". But the question is: how does hanging of an Indian help the country not becoming Pakistan? Also, the Indian media has to be more humane, because they are the ones who most of the time, are responsible for whipping up the frenzy, for the "Schizophrenia", called "Capital Punishment". Moreover, Tripura Governor Tathagata Roy's tweets about Yakub Me...
Yakub Memon, Mumbai blasts convict, loses SC appeal; to be hanged [ Editor : It is unfortunate to note that Narendra Modi government has started following those foolish "Arabs", the Communist China and the US, apart from a host of other countries, who use this kind of "Eye-for-an-eye-justice System or Retributive Justice System", to correct their societies. Also, there is No proof that the Death penalty prevents crime... . On March 7, 2015, the world woke up to a horror when the media flashed the news that Iran's judicial system which believes in the ancient concept of "an eye for an eye"-- literally; forcibly blinded a man convicted of blinding another man in an acid attack. Even Saudi Arabia and many Islamic States follow such systems, which are outdated in almost the whole of Europe and some parts of American Continent. Moreover, following the Andrew Chan and Myuran Sukumaran inside the workshop of Kerobokan jail in Bali executions...
Rolta India Ltd wins "IT Solutions Provider of the Year - Oil and Gas Sector" Award at 2015 Frost & Sullivan India ICT Awards Photo : Snipview.com 20-Jun-2015: Rolta was named "IT Solutions Provider of the Year - Oil & Gas" at the 2015 Frost & Sullivan India Information & Communications Technology (ICT) Awards event in New Delhi on 18th June 2015. This award acknowledges Rolta's innovative solutions tailored to the Oil & Gas industry. The eminent jury found Rolta's flagship BI and Big Data Analytics solution, built on Rolta OneView Enterprise Suite, a key differentiator during their evaluation. Now, with the recent release of Rolta OneView 6.0, the value proposition of its solution suite for the Oil & Gas and other asset intensive industries sector has been raised further. It is a unique prebuilt enterprise software suite that is Cloud-ready and addresses the needs of enterprises to rapidly exploit the business value of Big D...
Three Indian Companies in this Global List Which Has Louis Vuitton, Rolex June 15, 2015: Three Indian jewellery companies - Titan, Gitanjali Gems and PC Jeweller - have been featured in a ranking of top global luxury brands by professional services firm Deloitte. The list is topped by French multinational LVMH, which owns brands like Louis Vuitton, Bulgari, TAG Heuer etc. The list also includes major luxury groups like Swatch, Ralph Lauren, Rolex SA, Prada, Tiffany, Giorgio Armani SpA, and Fossil Group etc. Titan has been positioned 31st in the list, ahead of Italian luxury industry fashion house Dolce & Gabbana (39) and cosmetics and fragrance company Elizabeth Arden Inc (41). Gitanjali Gems and PC Jeweller are 42nd and 44th spots in the list. Titled 'Global Powers of Luxury Goods 2015', the Deloitte list ranks luxury firms from across the world according to their fiscal 2013 luxury goods sales in US dollars. The list featured 75 companies in 2014 but was extended t...