Pending green clearances hold back 70 mt output for Coal India

New Delhi, June 14:  

 

Nearly 69.635 million tonnes of Coal India Ltd's output is stuck due to pending forestry and environmental clearances. 

“A total of 50 cases of stage-II clearances are pending across six subsidiaries of Coal India. Out of these, 31 cases are pending with different State Governments and another 19 cases are stuck at Ministry of Environment and Forests (MoEF),” said a Coal Ministry official.

Projects getting delayed due to forest and environmental clearances were discussed at a high-level meeting chaired by the Prime Minister, Dr Manmohan Singh, recently.

“The Coal Minister, Mr Sriprakash Jaiswal, has asked the Coal Secretary, Mr S.K. Srivastava, to take up each case with the States concerned and the Environment Ministry to hasten the pending clearances,” the official added.

Out of the pending approvals, the worst hit is South Eastern Coalfields Ltd (SECL) whose 30 forestry approvals are stuck. Of these, 18 are with State Governments and 12 are with the Environment Ministry, resulting in 46.26 million tonnes of coal not being mined.

Only two out of eight subsidiaries of Coal India – Northern Coalfields Ltd and North Eastern Coalfields – are left with no pending forestry and environmental approvals.

In the stage-I of forestry clearance, an in-principle agreement is signed between the Government and the miner for allotment of the mining area. Thereafter, in stage-II the land is formally handed over to the miner for exploitation after the company deposits required fees and completes other formalities such as rehabilitation of households and plantation of equal number of tress displaced, among others.

Coal India targets to produce 464.10 million tonnes of coal in 2012-13. Last fiscal, it produced 436 million tonnes. 

Courtesy: THE HINDU BUSINESS LINE

siddhartha.s@thehindu.co.in

WHY WE SELECTED THESE STOCKS FOR OPTION TIPS

1.) IDFC, WE ARE SCREAMING BUY SINCE 120-118 LEVELS FOR 140 TARGETS....ALTHOUGH RETRACED A LITTLE IN BETWEEN, BUT NOW BACK ON TRACK. BELOW IS THE CHART OF IDFC SHOWING CLEAR BREAKOUT ABOVE 128....TARGET NEAR TERM 140 FOR SURE....THAT'S WHY 140CE IS A RIGHT CHOICE.....

2.) IFCI....CLEARLY A BREAKOUT FOR 38-39-40......SO 37.5 CE NOT A BAD BET

3.) RCOM....CLEARED LOCAL RESISTANCE AT 64-65...NOW CONSOLIDATING,.....ANYTIME SPURT TO 70-73 NOT RULED OUT....HENCE 70 CE MAKES SENSE

4.) TCS ....MAKES SENSE AFTER GIVING A BREAKOUT FROM CONSOLIDATION CLOSE TO RECENT TOP OF 1300.GOOD BET EVEN WHEN MARKET WILL COOL DOWN IT WILL HAVE THE POTENTIAL TO OUTPERFORM INDICES.

MANTRA OF SUCCESS IN STOCK MARKETS, DISCIPLINE AND ONLY DISCIPLINE

ALWAYS REMEMBER THAT ONE CAN NOT MAKE MONEY IN MARKETS EVERYDAY....WE TECH ANALYSTS JUST FOLLOW THE TREND AND HENCE INCREASING THE PROBABILITY  OF SUCCESS.

NOTHING CAN BE 100% TRUE IN MARKETS ......PLEASE TRY TO UNDERSTAND THAT TECH ANALYSIS IS A SCIENCE AND NOT ASTROLOGY......LOT GOES INTO CHOOSING RIGHT STOCKS AND THEN COMING UP WITH RIGHT KIND OF STRATEGY....

ONE MUST LEARN TO ACCEPT LOSSES AS A PART OF THE GAME, IF U LEARN TO TAKE SMALL LOSSES THEN U WILL START BECOMING PROFITABLE......THINK OVER IT....IF U HAVE 10 TRADES....

OF WHICH 6 WERE WINNING AND 4 WERE LOSERS.

PROFIT PER WINNING TRADE IS 50000/- ...TOTAL PROFIT 3,00,000/-

NOW LOSS IS THE DECIDING FACTOR....SUPPOSE IN

SCENARIO 1: LOSS PER LOSING TRADE IS 20,000/-...TOTAL LOSS= 80,000/-

NET PROFIT =3,00,000-80,000=2,20,000/-

SCENARIO 2: LOSS PER TRADE IS 50,000/- TOTAL LOSS=2,00,000/-

NET PROFIT= 3,00,000-2,00,000= 1,00,000/-

SCENARIO 3: LOSS PER TRADE 60,000/- TOTAL LOSS= 2,40,000/-

NET PROFIT=3,00,000-2,40,000= 60,000/-

MANTRA : BE DISCIPLINED AND BE STRICT ON YOUR STOP LOSS. WHEN YOU ENTER ANY STOCK YOU SHOULD DECIDE YOUR STOP LOSS AND TARGET AND THEN STICK TO THAT PLAN , KEEP TRAILING SL AND PROTECT YOUR PROFIT.

HOPE THIS HELPS YOU MAKING A BETTER TRADER AND INVESTOR.

HAPPY TRADING,

TEAM EQUITY EXPERTS

Online activists hit the streets over increasing internet censorship

Online hackers collective Anonymous, that has gained global attention for its symbolism and high-profile tactics, made its public presence felt across the country on Saturday, as volunteers took to the streets to register their protests over growing concerns of Internet censorship. 

The ‘OpIndia' protest gained more traction in some cities than others — notably New Delhi, Mumbai and Bangalore — as groups of youths dressed up in black suits and sported the iconic Guy Fawkes mask. They carried placards and raised slogans against the government's alleged attempts at backdoor censorship online. In some cases, they made up for the lack of numbers by showing some flair in dressing up iconic figures in the protest clothes. 

The street protests were peaceful. The group, however, waged a virtual war online since the stroke of midnight on Friday, as it upped the ante to bring down intermittently two government websites - www.india.gov.in and www.cert-in.org.in. The two identified Twitter handles of Anonymous India, exhorted volunteers to launch DDoS (distributed denial of service) attacks. It turned out to be a cat and a mouse game as the Twitter accounts got disabled, and Anonymous continued to operate through new accounts. 

Free Software Foundation, Tamil Nadu, one of the groups that pledged support in Chennai, distanced itself from DDoS attacks. But it noted in a pamphlet distributed to the public that the protests were specifically over developments that sought to curb freedom of expression online: Section 69 of the Information Technology (Amendment) Act, 2008 that would allow government officials and investigating agencies to listen in to all phone calls, SMSs and emails even without a warrant from a Magistrate; and Information Technology (Intermediaries Guidelines) Rules, 2011 through which “Government has enacted laws that gives it a free pass to censor Facebook posts, listen to every Skype conversation, monitor tweets or blogs or access private photographs and documents stored online, or track locations using mobile phone to keep under surveillance all of our online activity.” 

Protesters said they were not willing to buy Union Minister Kapil Sibal's explanations about “self-regulation” online and saw the government moves, including some amendments in the Indian Copyright Amendment Bill (2012), as an attempt at backdoor censorship. 

There were not enough provisions to safeguard Internet intermediaries — like search engines or file-sharing sites — whereas the amendments vested disproportionate powers with those who might complain of violations. The recent John Doe order by the Madras High Court over an anti-piracy complaint that eventually led to the blocking of some file-sharing and video-sharing networks seems to have been the tipping point for the protests.

courtesy:  THE HINDU

STOCK OPTION TIPS....WITH TWEET PROOF

BELOW IS THE TWITTER PAGE , WHERE OPTIONS WERE RECOMMENDED..

PERFORMANCE:

1.) IDFC 140 CE JUNE BOUGHT AT 0.75 HIT 1.55 INTRADAY.......GAIN MORE THAN 100%

2.) IFCI 37.5 CE JUNE BOUGHT AT 0.9 HIT 1.5 INTRADAY......AGAIN GAIN 70-80%

3.) TCS 1250CE JUNE BOUGHT AT 19.7 HIT AROUND 25.....GAIN 20-30%

4.) RCOM 79 CE JUNE....GO AND BUY,,,STILL ONE HAVE A CHANCE

AND COAL INDIA RECOMMENDED ON 7TH JUNE TOWARDS CLOSING AT 318-320 HIT 330 YESTERDAY...STILL 335 ACHIEVABLE ....

HAPPY PROFIT MAKING

TEAM EQUITY EXPERTS

SOME PICKS FOR NEXT WEEK

1. SELL UNION BANK AT CMP WITH SL AT 200 TARGET 180-175

  

2. SELL BAJAJ AUTO ...WILL SEE 1430-1400 SOON

3. HDFC BANK TARGET 470-475

4. PETRONET LNG MAY TEST 145-150 SOON, BIT RISKY, BUY ON DIPS ONLY

5. STERLITE INDUSTRIES....SOON GOING TO 85-80 RANGE

BRENT CRUDE........WHAT NEXT 90 OR 110?

BELOW IS THE WEEKLY CHART OF BRENT CRUDE ....SHOWING SOME SERIOUS DAMAGE....LAST SUPPORT AT 97-98, BREAKDOWN WILL CAUSE 90 IN NEAR FUTURE.

OR

BREAK ON UPSIDE ABOVE 100 CAN LEAD IT TO 105-108-110 MAX.

LAST ANALYSIS PREDICTED CLEARLY 100 LEVEL ON BRENT. CHECK HERE http://equityexperts.blogspot.in/2012/05/brent-crudeanalysis.html