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Showing posts from July, 2013

29th state in India - Telangana

Andhra Pradesh is a state that was formed on linguistic basis as having people speaking Telugu. Telangana, Royalaseema and Coastal Andhra were part of Andhra Pradesh. Telengana is fighting for its own statehood for a long period of time. Today, Congress Working Committee (CWC) announced the approval for the formation of a new state called Telengana state. Hyderabad would be a common capital for both Telengana and Andhra Pradesh for atleast next 10 years. The new state will be formed after the resolution is formed in the parliament, probably, in the next 4-5 months. Are Telengana people excited? Mostly, Yes. But they would be really excited if Hyderabad was made their capital and Andhra Pradesh was made to create its own capital. Are other Andhra people happy? No. They still think this should not have happened. They are worried about the future of their people in Hyderabad and the future of Hyderabad as such. Is this really true? Everyone agreed? Yes. Its hard to believe. But i...

CRISIL Open Offer: Subscribe or Not to subscribe?

CRISIL is the leading credit rating company in India. It researches other companies and gives rating to IPOs, other financial debt and equity instruments. It is completely debt free and is one of the best mid to large cap company one can invest in. It also has a good management team and reporting profits year after year. It has always enjoyed being the pioneer in the industry and had good valuations. Now, McGraw Hill Asian Holdings would like to increase the promoter shareholding in the company through an open offer priced at Rs. 1210/-. The open offer period is from July 24 to August 6, 2013. So, the price would be stabilized around Rs. 1210/- till the end of the offer period and then goes back to the real valuation from the market. McGraw Hill Asian Holdings currently hold 52.77% and would like to increase another 22% through this open offer. What does it really mean when a company is making an open offer? If a company is making an open offer, it actually believes in the busines...

How to find the best engineering college

There are about 520 engineering colleges in Tamil Nadu that are affiliated to Anna University. Most of the parents wants their children to become a doctor or engineer. The counsel ling for all the engineering colleges affiliated to Anna University started from 21-Jun-13 and happening till 26-July-2013 as per the schedule in  here .  Because of sheer number of colleges and the number of students coming out every year, the engineering stream has completely lost its sheen for those students coming from average colleges. Most of south Indians invest heavily on education of their children. There should be some amount of analysis that should be put in as college is one of the important phase in everyone's life. Students should understand their needs and check if the college satisfies everything that they are looking for. Some of the important parameters that can be used for analysis is provided below. This is no particular order and the priority differs...