Aug 12th Tip

By CROW -
Buy Indian Cements>166.1,167.7.170 sl 163.8

Buy ONGC>1110.1,1114,1121,1137 sl 1104.9

Buy Indo Asian Fuse>85.75,87.75 sl 84.8

Comments

Post a Comment

Popular posts from this blog

Cement Sector

By CROW -
Is Government trying to regulate the cost of Cement to lower the infrastructure cost Government is in dual mode of increasing excise duty and making sure cement cost is locked for year time. Raising the excise duty and expecting the cement industry to not raise prices will give governement additional money. The rise in cement prices is transferred to higher real estate costs, which are already sky high in India. This way, the FM is trying to make money from a flourishing industry without giving them the incentive to raise money and indirectly curbing inflation. This dual Excise structure is absurd and impractical. In fact I firmly believe that the FM was merely trying to increase excise duty rates on Cement. He has managed to paint it as an exercise in price control. A shrewd way of raising the excise and not being blamed for the price rise. Prices of all commodities have sky rocketed but cement seems to be drawing most of the flak. It is probably true that the cement companies are min
Read more

How OBAMA stimulus bill affects you

By CROW -
Image
Part 2 Contd ....   Environment The package includes $9.2 billion for environmental projects at the Interior Department and the Environmental Protection Agency. The money would be used to shutter abandoned mines on public lands, help local governments protect drinking water supplies, and erect energy-efficient visitor centers at wildlife refuges and national parks. The Interior Department estimates that its portion of the work would generate about 100,000 jobs in the next two years. Yet the plan will make only a dent in the backlog of cleanup projects facing the EPA and in the long list of chores at the country's national parks, refuges and other public lands. Talk back: How will you use your tax refund? The plan sets aside $735 million for road repairs and maintenance at national parks. But that's just a fraction of the $9 billion worth of work waiting for funding. At the EPA, the payout is $7.2 billion. The bulk of the money will help local communities and states
Read more

FY2010 H1B quota

By CROW -
After many months of little or no movement, we are at last seeing an increasing number of new H1B petitions accepted by the USCIS under the fiscal year 2010 quota. As of November  27 th , the USCIS reported that they had received approximately 58,900 petitions. The annual quota limit is 65,000. The law provides special set asides of up to 6,800 numbers for petitions filed for citizens of Chile and Singapore, under special free trade agreements. Technically, this reduces the overall quota to 58,200. Most of the Chile/Singapore set asides, however, are returned to the main pool and used by "regular" H1B petitioners. Given that this is a relatively small number, however, it shouldn't delay by too long the date on which the quota is finally reached.   Given the increasing number of filings, and the new sense of urgency that will undoubtedly result in more speculative filings by people hoping to get in while visas are still available, we can expect to see the quota r
Read more