Tuesday, March 27, 2018

TRADE WAR AND PROTECTIONISM.

There is nothing wrong in Protectionism as long as the country takes
care of their country's interests. India should also take care of Country's
interest.. We have $51.1 billion trade deficit with China.That means our
imports from China is more than our exports to China.This is going on 
for many years,may be figures may be different and we always had trade
deficit with China. Inspite of this China is not a good friend of India.
Doklam and 1962 war and few other acts like supporting Pakistan and
opposing India in all International forums are the examples.

Yesterday,our Commerce Minister had a meeting with his Chinese Counterpart
and the statement released by his ministry    is that the Chinese  are
addressing the issue. India has to talk tough with Chinese like what US is doing.
We have a big market, which Chinese cannot ignore and we have to armtwist
China to see our point of view and settle the border issue using the Trade deficit
as leverage.India need not be meek and talk softly with China as China does not
reciprocate the same. Though China says they are not a competitor to India or
a threat but a partner in progress,their actions does not show that.

Wednesday, March 21, 2018

ICICI SECURITIES LIMITED - IPO.

ISSUE OPENS ON 22nd March 2018.Closes on 26th March,2018.

Price Band : Rs.519 /-  To Rs.520/- per Equity share.Bids can be

made for a minimum lot of 28 equity shares & in multiples 
of 28 equity shares thereafter.

About ICICI Securities Ltd: A Technology based securities firm
incorporated in 1995 offering wide range of financial services.

Offer for Sale: 77,249,508 equity shares of Rs.5/- each.
Listing at NSE / BSE Stock exchanges.

Earnings per share :Rs.12/-  (for 9 months) & Rs.17/- (annualised).

Saturday, March 17, 2018

THE INSTITUTE OF COMPANY SECRETARIES OF INDIA.


Mr,Makarand Lele,President,ICSI addressing media.
The Institute of Company Secretaries of India (ICSI) introduces new
syllabus for Executive & Professional / Programmes ,The revised
syllabus is effective from March,1,2018.The first examination for CS
Executive and CS Professional programme under new syllabus will be
held in December,2018 & June,2019 respectively.

VISION of ICSI - "To be a Global leader in promoting good Corporate 
Governance".

MISSION -  To develop high calibre professionals facilitating good
Corporate governance.

MOTTO - Speak The Truth. Abide by the Law.

Talking about the new syllabus,Mr.Makarand Lele," President ICSI
said." The Institute of Company Secretaries of India (ICSI) have always 
strived to impart optimum knowledge to its students by undertaking revision 
of syllabus intensively from time to time".

Tuesday, March 13, 2018

DID INDIGO AIRLINES & GO AIR PUT THE PASSENGERS AT RISK?

DGCA ORDERS 11 AIRCRAFTS( 8 OF INDIGO & 3 OF GO AIR) WHICH
WERE OPERATING AIR BUS 320 (NEO)  AIRCRAFTS WITH 
PRATT & WHITNEY ENGINES TO BE GROUNDED.

Should Indigo Airlines which has a market share of more than 40% wait till
DGCA orders grounding of such aircrafts?.It is reported in the media that there
were 69 engine replacement incidents between May,2016, to November,2017.
Recently,it is reported that  there was failure of Two engines in the mid flight. 

Why did DGCA took so much time to ground the defective aircrafts.Are the
flying public not  entitled to know the reasons?.Both Airlines and DGCA are
responsible for passengers' safety .