As India economy emerges ,,and rises ,,all pointers about Indian companies will be raised Rueters are a paid news group ,,most of the time they will publish news determental to Indias interest For example If IPL is valued at a Billion dollars ,,the foreign stooges start salivating ,,as they want the pie Similarly Reliance makes a purchase ,,foreign stooges will be upset and some stooge from scotland will write a book Even they tried in begining to attack TATAS ,,I was surprised BBC picking on them ,but since reverted as they found out most Indian people rate TATAS very highly . Nowadays some Media will pick on Indian success and will make pointers to suggest some nicely statistics to make it look as if something is wrong Do not give into it .COAL iNDIA IS A GOLD AS ADVISED BY GOVT OF INDIA SO BUY THE STOCK YOU ARE SAFE . SO IS OIL INDIA TOO .SOME STOCKS WILL BURN YOU DOWN BE CAREFUL
We did a survey in Hyderabad to find out the profile of buyers of flats during 2007, 2008 and 2009. We found that most of the 4 bhk were either being bought by businessmen, IAS Officers (including in other's names), IT professionals, MNC Managers. The PSU Managers even at the higher levels wer at teh max buying flats of 2 or 3 bhk. the average spend was 25-35 lakhs. Whereas those in MNCs, IT sector and MNC banks were investing in 50 bracket. This is indication of the spending power of PSU employees vrs IT/MNC companies.
This seems to be an article against SEBI which is trying to make Private cos more transparent and put a stop to misleading media propaganda. PSUs are subject to CAG audit will pvt companies agree to audit. Even where Pvt telcos cheating on revenue sharing, they resist CAG audits. Some PVT cos went to court to delay tender of BSNL resulting in losses and time over run. PSUs are performing under constaints and unique conditions. PVT Cos like reliance and Kingfisher are source of corruption which media never highlights. No PSU will bribe a Govt dept for illegal gain
