General Trading Chat

[Schatz]

Banknifty kisses its 100 ema. Also around the neckline of inv. H&S

View attachment 39876

H&S is gone on a positive global markets environment... i m bit concerned that Nifty failed to provide any meaningful bounce from 12200 area ... watchout for hdfc bank for confirmation on the breakdown on BN...1235 is crucial.

 

[siddhant4u]

Looks like DoT has nothing better to do other then waste court's time and public money. GAIL earned just 1.47 cr from license and govt want due on whole revenue.. !!

https://www.business-standard.com/a...and-on-rs-1-47-cr-revenue-120012201193_1.html


Oil India moves SC against DoT's Rs 48,000 cr demand on Rs 1.47 cr revenue

"OIL had obtained a National Long Distance Service Licence (NLD Licence) to establish Supervisory Control and Data Acquisition System (SCADA System) for control, management, and protection of OIL's pipeline network used for transportation of crude oil, natural gas, and petroleum products," the company said in a statement.

The NLD licence is predominantly used for the SCADA system and only the spare bandwidth capacity is leased out to other telecom operators.

"As per the licence terms, licence fee is to be paid on gross total revenue from services provided under the NLD licence. Since the award of NLD licence, the cumulative revenue of Rs 1.47 crore is earned by OIL from the leasing of spare bandwidth capacity on which all applicable licence fee and other statutory dues as per licence terms have been paid by OIL regularly," it said.

 

[timepass]

Looks like DoT has nothing better to do other then waste court's time and public money. GAIL earned just 1.47 cr from license and govt want due on whole revenue.. !!

https://www.business-standard.com/a...and-on-rs-1-47-cr-revenue-120012201193_1.html


Oil India moves SC against DoT's Rs 48,000 cr demand on Rs 1.47 cr revenue

"OIL had obtained a National Long Distance Service Licence (NLD Licence) to establish Supervisory Control and Data Acquisition System (SCADA System) for control, management, and protection of OIL's pipeline network used for transportation of crude oil, natural gas, and petroleum products," the company said in a statement.

The NLD licence is predominantly used for the SCADA system and only the spare bandwidth capacity is leased out to other telecom operators.

"As per the licence terms, licence fee is to be paid on gross total revenue from services provided under the NLD licence. Since the award of NLD licence, the cumulative revenue of Rs 1.47 crore is earned by OIL from the leasing of spare bandwidth capacity on which all applicable licence fee and other statutory dues as per licence terms have been paid by OIL regularly," it said.

This matter has been going on for a number of years now. Wonder why OIL didn't bring this up earlier.

 

[timepass]

Infy may take a hit tomorrow.

Sebi gets tough on Infosys, to order forensic probe of whistleblower's allegation
3 min read . Updated: 23 Jan 2020, 08:35 PM ISTJayshree P. Upadhyay

• Sebi’s decision comes after Infosys’s internal audit committee on 10 January concluded that the charges made by the whistleblowers were substantially without merit
• On 8 November, Sebi chairman Ajay Tyagi had indicated that its probe was independent of statements made by Infosys

https://www.livemint.com/companies/...to-order-a-forensic-probe-11579791521994.html

 

[timepass]

The market may simply do ding-dong till the budget. Banknifty seems to have made a tweezer bottom at 100ema. The next 2-3 candles will tell.

 

[praveen taneja]

Ram Ram Ji Bhai budget Market ke bad ka scenerio bhi daal do

 

[timepass]

Good news for Banknifty on Monday.

ICICI Bank Q3 | NPA declines, NII beats estimates; 5 key takeaways
Net profit increased significantly to Rs 4,146.46 crore, while NII grew by 24.3 percent to Rs 8,545.32 crore, YoY.

ICICI Bank has posted healthy year-on-year (YoY) growth in Q3FY20 profit, on the back of lower provisions and recoveries from non-performing loans (NPLs).

https://www.moneycontrol.com/news/b...-beats-estimates-5-key-takeaways-4858261.html

 

[Happy_Singh]

Ram Ram Ji Bhai budget Market ke bad ka scenerio bhi daal do

Ye lo pur vanar sena ka opinion

https://www.traderji.com/community/...y-be-in-1-month-after-the-budget-2020.108807/

Jai Shri Ram


.

 

[timepass]

We missed this news about Mumbai.

https://www.news18.com/news/opinion...nt-on-road-to-hell-with-a-cliche-2472829.html
Not the 'Nightlife' You Think: How Shiv Sena's Novel Idea for Mumbai Went on Road to Hell With a Cliché
As a legislator pointed out, the original idea was about granting 'limited permissions' to business enterprises to operate through the night and allowing working professionals access to food, medicine and entertainment.


I guess this concept will take some years to find roots, but will become established and provide a blueprint to the other cities.

Surat already has a municipal market with a lot of eateries which are open till 3.30am. It has been operating for some years now without any law and order problems.

 

[timepass]

Budget news :

Govt stares at tax shortfall of Rs 2 lakh crore; room for income tax cut limited

BY PTI | UPDATED: JAN 26, 2020, 03.11 PM IST

https://economictimes.indiatimes.co...come-tax-cut-limited/articleshow/73628793.cms