Market Update

February 2015

Highlights of Union Budget 2015-16

Highlights of Union Budget 2015-16, India, Jaitley

Following are the Highlights of the Union Budget 2015-16.
You may read the key features of the budget here.
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Taxation:
Abolition of Wealth Tax.
Additional 2% surcharge for the super rich with income of over Rs. 1 crore.
Rate of corporate tax to be reduced to 25% over next four years.
Total exemption of up to Rs. 4,44,200 can be achieved.
100% exemption for contribution to Swachch Bharat, apart from CSR.
Service tax increased to 14 per cent.

Agriculture:
Rs. 25,000 crore for Rural Infrastructure Development Bank.
Rs. 5,300 crore to support Micro Irrigation Programme.
Farmers credit – target of 8.5 lakh crore.

Infrastructure:
Rs. 70,000 crores to Infrastructure sector.
Tax-free bonds for projects in rail road and irrigation
PPP model for infrastructure development to be revitalised & govt. to bear majority of the risk.
Rs. 150 crore allocated for Research & Development
NITI to be established and involvement of entrepreneurs,researchers to foster scientific innovations.
Govt. proposes to set up 5 ultra mega power projects, each of 4000MW.

Education:
AIIMS in Jammu and Kashmir, Punjab, Tamil Nadu, Himachal Pradesh, Bihar and Assam.
IIT in Karnataka; Indian School of Mines in Dhanbad to be upgraded to IIT.
PG institute of Horticulture in Armtisar. (more…)

Highlights of the Railway Budget for 2015-16

Highlights of Railway Budget 2015-16 , Suresh Prabhu

Highlights of Railway Budget for 2015-16

Following are highlights of the Railway Budget for 2015-16

FARES, FREIGHT
* Emphasis on gauge conversion over next 5 yrs
* Must run fast trains like Rajdhani, Shatabdi
* To up track length by 20% to 138,000 km next 5 years
* Must substantially regain freight mkt share
* No hike in passenger fares

HYGIENE BOOST
* To have professional agencies for railways cleaning
* Ensuring higher standards of cleanliness a priority
* Swachh Rail to be a driving force
* To create new dept for clean stations, trains

MISCELLANEOUS
* 1,219 sections on high density network
* Railway is a unique integrator of India (more…)

February 2012

Facebook IPO!!! Valuation @ approx $100Billion

facebook, facebook ipo, google comparison, us stock market,financeFacebook IPO valuation is tagged @ $100Billion making it one of the largest IPO launch in history. Personally, I think that this is a BIG Hype. At $100 billion total value Facebook will be trading at a Price to Earnings multiple, or P/E, of 77 and Price to Sales multiple of around 25. A significant chunk of revenues come from casual video games developer Zynga, which brings in 12 per cent of all revenue.

Google’s IPO worked for long-term investors because the search engine literally became one of the best companies on earth. Google’s price has gone up 7-fold since the IPO but the company has grown into it’s expensive initial price. Can Facebook replicate the success story? Now this is a big question mark..

Follow the story here :

Now that everyone on earth has offered their 2-cents on the upcoming Facebook IPO, one question remains: Should you buy shares when the social networking king becomes a publicly traded company sometime in April or May?

(more…)