The Rampant Corruption Wave that rocked the Weakest Government of Free India brought the award of Road Contracts to stand still as former Minister Kamal Nath did nothing to stop the Hooligans. Dr. Singh, took some step and brought in Dr. C P Joshi as the Minister of Surface Transport to check Corruption. Mr. Joshi took a step to introduce point based qualification so that Large Infrastructure Companies with Fantastic Track Record like Punj LLoyd, IL&FS Transportation Network etc don’t get dis-qualified by Corrupt Bureaucrats.
NHAI has informed us that it is gearing up to step-up (more…)
Voltas a Tata group company has been in this business of Air Conditioning from Office to Commercial Retail and Cold Storage now. With Global Warming getting worse and the need of A/C increasing, Voltas is targeting a volume growth in room AC sales in India in FY12. It is also expanding market share from 19%, led by a new product range and a 20% jump in dealers.
The unfortunate natural disaster that occurred in Japan over the last few days will have limited impact on Indian Companies and Equities. India’s exports to Japan (2.1% of total) – primarily metals/ores, and imports (2.3% of total).
We have received e-mails on which is the best Long Term [for over 20 years] Investment. Since