Current news & Rumours in the mkt
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SC Destroys business model for Polyplex, Jindal Poly, Uflex and Garware Poly-Bans Use of Film For Packaging Gutka
Subject: SC Destroys business model for Polyplex, Jindal Poly, Uflex and Garware Poly-Bans Use of Film For Packaging Gutka
The Supreme Court on Tuesday ordered a ban on the sale of tobacco products like gutkha and pan masala in plastic pouches from March 2011, while asking the government to conduct a survey on the ill effects of these products within eight weeks.
A bench of justices G S Singhvi and A K Ganguly also asked the manufacturers to explore and decide by March next year on the alternative material for packaging them. The bench issued the directions while brushing aside the pleas of some of the gutkha manufacturers who feared that such a direction could lead to closure of thousands of gutkha and pan masala manufacturing units.
Let it come, the bench quipped when counsel for one of the manufacturers claimed that the whole industry would come to a standstill. Cigarettes, which are generally sold in paper packs, are out of the ambit of this ban. While asking the government to conduct a survey on the ill effects of these tobacco products, the bench also asked it to examine the effects of packaging these products in plastics pouches over human health.
The bench recorded an undertaking from Solicitor General Gopal Subramanium that the government would get the required survey done by the National Institute of Public Health on the harmful effects of gutkha, pan masala and other tobacco products and also the adverse effects, if any, of the plastic pouches used for packaging the material.
The bench also directed the Centre to finalise and enforce withing eight weeks the Plastic Management and Disposal Rules 2009.
Subject: SC Destroys business model for Polyplex, Jindal Poly, Uflex and Garware Poly-Bans Use of Film For Packaging Gutka
The Supreme Court on Tuesday ordered a ban on the sale of tobacco products like gutkha and pan masala in plastic pouches from March 2011, while asking the government to conduct a survey on the ill effects of these products within eight weeks.
A bench of justices G S Singhvi and A K Ganguly also asked the manufacturers to explore and decide by March next year on the alternative material for packaging them. The bench issued the directions while brushing aside the pleas of some of the gutkha manufacturers who feared that such a direction could lead to closure of thousands of gutkha and pan masala manufacturing units.
Let it come, the bench quipped when counsel for one of the manufacturers claimed that the whole industry would come to a standstill. Cigarettes, which are generally sold in paper packs, are out of the ambit of this ban. While asking the government to conduct a survey on the ill effects of these tobacco products, the bench also asked it to examine the effects of packaging these products in plastics pouches over human health.
The bench recorded an undertaking from Solicitor General Gopal Subramanium that the government would get the required survey done by the National Institute of Public Health on the harmful effects of gutkha, pan masala and other tobacco products and also the adverse effects, if any, of the plastic pouches used for packaging the material.
The bench also directed the Centre to finalise and enforce withing eight weeks the Plastic Management and Disposal Rules 2009.
What is meant by Company’s book value ?
In simple terms, a company’s book value tells you how much money would be left for shareholders after selling all its assets and pay off all its liabilities at the particular point of time.
Book value = (Total assets-Intangible assets) – Total liabilities
1. Subtract the reported value of the company’s intangible assets from the value of the company’s total assets. Intangible assets are things like trademarks and patents, which are difficult to value. The valuation of intangible assets is highly subjective, so just exclude them from your calculation.
2. Then Subtract the value of the company’s total liabilities from the value of the company’s total assets less intangible assets. The resulting figure is the company’s book value
For investment cgose stocks which are trading below book value but fundamentally strong
In simple terms, a company’s book value tells you how much money would be left for shareholders after selling all its assets and pay off all its liabilities at the particular point of time.
Book value = (Total assets-Intangible assets) – Total liabilities
1. Subtract the reported value of the company’s intangible assets from the value of the company’s total assets. Intangible assets are things like trademarks and patents, which are difficult to value. The valuation of intangible assets is highly subjective, so just exclude them from your calculation.
2. Then Subtract the value of the company’s total liabilities from the value of the company’s total assets less intangible assets. The resulting figure is the company’s book value
For investment cgose stocks which are trading below book value but fundamentally strong
Trading Members are hereby informed that, the under mentioned 12 companies, have failed to comply with various provisions of the Listing Agreement till quarter ended June 2010 –will be suspended w.e.f. Thursday, January 13, 2011
Sr.No.
Scrp Code
Company Name
1
500009
Ambalal Sarabhai Enterprises Ltd.
2
531733
Bafna Spinning Mills & Exports Ltd.
3
503673
CMM Broadcasting Network Ltd.
4
531224
Computech International Ltd.
5
532984
Enso Secutrack Ltd.
6
532264
Indage Restaurants and Leisure Ltd.
7
531565
Indo-Pacific Software & Entertainment Ltd.
8
523844
Invicta Meditek Ltd.
9
512349
Linkhouse Industries Ltd.
10
532010
NetVision Web Technologies Ltd.
11
512616
Orind Exports Ltd.
12
532618
Vishal Exports Overseas Ltd.
Sr.No.
Scrp Code
Company Name
1
500009
Ambalal Sarabhai Enterprises Ltd.
2
531733
Bafna Spinning Mills & Exports Ltd.
3
503673
CMM Broadcasting Network Ltd.
4
531224
Computech International Ltd.
5
532984
Enso Secutrack Ltd.
6
532264
Indage Restaurants and Leisure Ltd.
7
531565
Indo-Pacific Software & Entertainment Ltd.
8
523844
Invicta Meditek Ltd.
9
512349
Linkhouse Industries Ltd.
10
532010
NetVision Web Technologies Ltd.
11
512616
Orind Exports Ltd.
12
532618
Vishal Exports Overseas Ltd.
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