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PepsiCo Inc, along with its partners, would invest $5.5 billion (Rs 33,000 crore) to double its manufacturing capacity in India by 2020, Indra Nooyi, chairperson & CEO of the food & beverage company, announced on Monday.
With arch-rival Coca-Cola’s plan to invest $5 billion in the country by 2020, announced in June last year, PepsiCo’s announcement means India will have received $10.5 billion in investments from the two global giants by the end of this decade.
Nooyi, on a two-day visit to India, revealed her company’s plans after a meeting with Finance Minister P Chidambaram. Later, she said in an interview: “Here, we will make investments in innovation, manufacturing, infrastructure, selling & go-to-market strategy and agriculture — in both food and beverage segments. This will double our manufacturing capacity by 2020.”
The Supreme Court on Monday allowed the e-auction of about 11.46 million tonnes (mt) of iron ore already mined in Goa.
A monitoring committee would conduct the e-auction and deposit the amount collected in a separate account, after deducting royalty and trade taxes. Another panel would be formed to decide a cap on the output of iron ore in the state. An interim report on this would have to be submitted by February 15, 2014, the court said in its order. “We are setting up a six-member expert committee to study the cap on production, based on the carrying capacity of roads, etc,” said judge A K Patnaik
In September last year, the court had banned mining in Goa, following a petition filed by Prashant Bhushan, after a judicial commission headed by judge M B Shah had exposed a Rs 35,000-crore scam involving top mining companies, politicians and bureaucrats. It had also banned illegal mining in Karnataka in July 2011. However, resumption of some of these mines was allowed last year, as well as in April this year.
China will cut its growth target to 7 percent next year in a sign of the government's determination to push through structural reforms and steer the economy on to a more sustainable path, one of the country's top investment banks has predicted.
With Communist party leaders gathered in Beijing now for a meeting that will set China's policy direction for the coming decade, investors and companies have been looking for clues about their strategic thinking.
A lowering of the country's growth target – although unlikely to be announced until the annual Chinese parliament in March – would be an important distillation of the government's plans.
China has consistently exceeded its annual growth targets in practice, but a cut would still be an indication of Beijing's willingness to tolerate slower growth in the interest of addressing risks from rising debt levels to soaring property prices.
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The investment ideas of Warren Buffett is most basic and simple to implement. The beauty of his investment ideas is that they are so easy and logical that at timespeople overlook the same ideas even though it must have crossed their mind. These investment ideas of Warren Buffett has not only help the maestro to make billions but also stands as a guiding principles for every other investor of this world.
Warren Buffett’s investment ideas asks us to buy stocksof only those companies whose “fundamentals” are very strong and its stock is available at “undervalued price”. When we say strong fundamentals we mean a healthy financial report, unique product line which is run by exceptional managers.
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What To Do Today..........
Our Opininon for Today's Market.......
1.Market Looks Volatile.....
1.Some Insider Say NIfTy go up to 6200
What To Do Today........
Nifty....Today Face Resistence at......6075...6223..6268
Nifty.....Today Support at ..6005...5952...5912
Nifty Range...4200--------6600
TRACK ME RESEARCH......
NEXT TGT FOR
Sell Nifty Around 6200/6300
Our Opininon for Today's Market.......
1.Stock Specific Movement Expected Today ......
2.Midcaps Looks Good....
INTRADAY HOT STOCKS: 14/11/2013
SELL RCOM BELOW 145 TGT 143/140/130/125 SL 149BUY AB 150
sell dlf sl 154 tgt 148/145/140/135 buy ab 154
sell pfc below 142 tgt 138/136
sell rcap below 354 tgt 350/345
buy igl sl 272 tgt 295/305/315
buy 6200 pe sl 51
BUL UNITED SP SL 2440 TGT 2580/2640
]UP SIDE WE HAVE EXIT CHANCE NO FRESH BUYING
L&T FINANCE HOLDINGS
(BSE TICKER-533519@ Rs.83/-)
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RBI TO ANNOUNCE NEW BANK LICENCE SOON
L&T HOLDINGS EXPCTED TO GET FIRST BANKING LICENCE !!!!
Rs.120/- Rs.150/-
Alert:- Our Subscriber's Long in Stock!!!
ZEE ENTRTAINMENT
(Bse Ticker-505537@ Rs.242/-)
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BIGGEST BULL RUN YET TO START!!!!
TARGET
Rs.800/- Rs.1200/-
NO IF & BUT!!!
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In January 2013
KirtiscripscaN Research
Brings A Unique Stock In Your Knowledge & Declare It Stock of Year 2013!!!!!
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Stock Then Trading Around Rs.18/-
As Per Our Unique Modal Of Research & Technical Anlysis .
We Saw Something Big Can Happen In Stock In Coming
Months!!!!
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After Hitting High of Rs.24/- In Last Week of January 2013!!!!!
Stock Fell 50% In Next 6 Months & Made Double Bottom Around June 2013 !!!!!!
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In July 2013 Tide Turn For Stock When Stock Cross First Major Resistance on Chart Around Rs.17/-
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Company Sold Its Some Business Around Rs.270cr
On 13th August KirtiscripscaN Predict Company May Declare Very Big Dividend In Coming Months !!!!
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Yesterday As Per BSE Announcment Company Decare Dividend of Rs.29/- Per Share!!!
Forget Short Term Movment
