$$ DreamGains !! $$ COST OF BEER....&.....TAX SYSTEM.... (A Good Email Reflecting Our Indian System)

*---------- The new budget and the cost of beer !!!
*
*TAX SYSTEM
*
Suppose that every day, ten men go out for beer and
the bill for all ten comes to $100.

If they paid their bill the way we pay our taxes, it
would go something like this:

The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.

So, that's what they decided to do.

The ten men drank in the bar every day and  seemed
quite happy with the arrangement, until on day, the
owner bowled them an outswing. "Since you are all such
good customers," he said, "I'm going to reduce the
cost of your daily beer by $20."Drinks for the ten now
cost just $80.

The group still wanted to pay their bill the way we
pay our taxes so the first four men were unaffected.
They would still  drink for free. But what about the
other six men - the paying customers? How could they
divide the $20 windfall so that everyone would get his
'fair share?' They realized that $20 divided by six is
$3.33. But if they subtracted that from everybody's
share, then the fifth man and the sixth man would each
end up being paid to drink his beer. So, the bar owner
suggested that it would be fair to reduce each man's
bill by roughly the same amount, and he proceeded to
work out the amounts each should pay.

And so:

The fifth man, like the first four, now paid nothing
(100% savings).

The sixth now paid $2 instead of $3 (33%savings).

The seventh now pay $5 instead of $7 (28%savings).

The eighth now paid $9 instead of $12 (25% savings).

The ninth now paid $14 instead of $18 (22% savings).

The tenth now paid $49 instead of $59 (16% savings).

Each of the six was better off than before. And the
first four continued to drink for free. But once
outside the restaurant, the men began to compare their
savings.

"I only got a dollar out of the $20," declared the
sixth man. He pointed to the tenth man," but he got
$10!"

"Yeah, that's right," exclaimed the fifth man. "I
only saved a dollar, too. It's unfair that he got TEN
times more than I!"

"That's true!!" shouted the seventh man. "Why should
he get $10 back when I got only two? The wealthy get
all the breaks!"

"Wait a minute," yelled the first four men in unison.
"We didn't get anything at all. The system exploits
the poor!"

The nine men surrounded the tenth and beat him up.

The next night the tenth man didn't show up for
drinks, so the nine sat down and had beers without
him. But when it came time to pay the bill, they
discovered something important. They didn't have
enough money between all of them for even half of the
bill!

And that, boys and girls, journalists and college
professors, is how our tax system works. The people
who pay the highest  taxes get the most benefit from a
tax reduction. Tax them too much, attack them for
being wealthy, and they just may not show up anymore.
In fact, they might start drinking overseas where the
atmosphere is somewhat friendlier.

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$$ DreamGains !! $$ MidCaps.In & 10Paisa.Com

Newsletter dated 01/04/2007 (midcaps.in)

S.No. Scrips BSE Code Recommended Rate Target Rate Analysis Report 1. Shringar Cinemas 532631 52.00 65.00 Shringar 2. Alok Industries Ltd. 521070 57.05 72.00 Alok 3. Surya Pharmaceutical 532516 62.80 79.00 Surya 4. Tamil Nadu Newsprint 531426 83.20 104.00 Tamil 5. Repro India Ltd. 532687 89.65 113.00 Repro

Target rates are expected in three months frame of time, but we recommend you that whenever any scrip touches its target rate, you must dispose of all shares or in parts(If you have invested in that scrip),so that you may be able to invest those funds in other scrips recommended in further newsletters.

Newsletter date 01/04/2007 (10paisa.com)

S.No. Scrips BSE Code Recommended Rate Target Rate Analysis Report 1. Vardhman Industries 513534 21.10 27.00 Vardhman 2. Lanco Industries Ltd. 513605 35.50 45.00 Lanco 3. Petronet LNG Ltd. 532522 41.95 53.00 Petronet 4. Bihar Caustic 500057 43.75 55.00 Bihar 5. Gujarat State Petronet 532702 46.75 59.00 Gujarat

Target rates are expected in three months frame of time, but we recommend you that whenever any scrip touches its target rate, you must dispose of all shares or in parts(If you have invested in that scrip),so that you may be able to invest those funds in other scrips recommended in further newsletters. 1. FORTHCOMING I.P.O.'s :- S.No. Scrips Offer Price Opening Date Closing Date Rating 1. Ammana Bio 12-14 28/03/2007 05/04/2007 * Rating :- *** Very Good ** Good * Normal 2. SECTORS TO WATCH :- Pharmaceuticals Power Telecommunications 3. STOCK IN FUTURES :- S.No. Scrips BSE Code Recommended Rate Target Rate Stop Loss Analysis Report --- --------- --------- --------- --------- --------- --------- NOTE :- Due to highly volatile market, we are not recommending stock in FUTURES this week. 4. MULTIBAGGER :- S.No. Company Name BSE Code Recommended Rate Target Rate (One Year) Analysis Report 1. KRBL Ltd. 530813 107.30 190.00 KRBL 5. LAST WEEK'S NEWS :-    26/03/2007 Accentia Technologies Ltd. Accentia Technologies Ltd has informed BSE that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on March 23, 2007, inter alia, have considered to the following: The Shareholders have unanimously approved the Company's resolution to raise money for the purpose of US Acquisition's upto an extent of USD 20 M, by way of issue, offer and allot, in the course of international offerings, in one or more foreign markets, equity shares / preference shares / convertible debentures / convertible notes / Foreign Currency Convertible Bonds (FCCB'S) / Secured Premium Notes (SPN) and/or any securities convertible into equity shares at the option of the Company and / or holder of the securities and / or securities link to equity shares through American Depository Receipts (ADR's) and / or Global Depository Receipts (GDR's) and / or any other instruments or securities (Securities) subscribed to in foreign currency(ies), for cash or stock swap or for other valuable consideration including strategic alliances, business(es) or a combination thereof, to Foreign investors (whether Institutions and or Incorporated Bodies and or Individuals and whether or not such investors are members of the Company) through Public Issue(s), Private Placement(s), Preferential Allotment(s), which upon conversion of all Securities so issued or allotted. For Overseas as well as Domestic Acquisitions, decided to fix a price range between Rs 150 and Rs 200 per share, on a face value of Rs 10-/ per equity share for convertible instruments. Appointed M/s. Firstcall India Equity Advisors Pvt Ltd, Mumbai as the India - Advisors for the international offerings and domestic acquisitions. 28/03/2007 Damodar Threads Ltd. Damodar Threads Ltd has informed BSE that production on the Company's newly erected 1st line of Spinning plant at Dadra (Silvassa) has started from March 26, 2007. 28/03/2007 Jai Balaji Sponge Limtied Jai Balaji Sponge Ltd has informed BSE that the Blast Furnace of the total capacity 4,28,750 MT per annum to produce pig iron will be commissioned on March 27, 2007. 28/03/2007 PBA INFRASTRUCTURE LTD. PBA Infrastructure Ltd has informed BSE that the following contract awarded to the Company, from Office of the Executive Engineer, Multistoreyed Bldgs, Mumbai. The details of the contracts are given below: Name of Work: Improvement to Sion Panvel Highway from Kopara Gaon Km 120/220 to BARC JN Km 140/690 Contact amount in (Rs): 8,50,57,358/-. 28/03/2007 Premier Explosives Ltd. Premier Explosives Ltd has decided to sell assets of Mushroom Division to M/s. Inventaa Chemcials Ltd for a consideration of Rs 17.50 crores plus value of stocks, work -in-progress and finished goods at the close of business hours on April 01, 2007. 28/03/2007 SB&T Intl to merge Mimansa Jewellery with itself SB&T International's board will meet on 4 April 2007 to consider the proposal to merge Mimansa Jewellery with the company. 29/03/2007 Accel Frontline partners with Seagate Technology of USA Accel Frontline has entered into a strategic partnership with Seagate Technology, USA, to provide professional data recovery services through its extensive network of 36 service centers across 34 cities to serve a growing need in the Indian market.This strategic partnership is part of Seagate's ongoing expansion of its global data recovery services operations and represents its commitment to provide optimum service to customers around the world. 29/03/2007 BSEL Infrastructure Realty Limited Bsel Infrastructure Realty Limited has informed the Exchange that : 'The wholly owned Subsidiary of the Company- BSEL Infrastructure Realty FZE has entered into agreement for acquisition of three plots located on the main Emirates Road Ajman in Emirates City for developing the residential towers.' 29/03/2007 California Software Company partners with U-Eyes of China California Software Company has partnered with U-Eyes, China, to enhance one of its products, the electronic visor (sun-shield) of a car, by incorporating a flash player in the device.This software enables the visor in vehicles to serve a dual role, to shield the sunrays, besides providing entertainment. While passengers of the cab can watch a film or a music video, there is room for useful information in the form of tailor made advertisements. 29/03/2007 Indo Count Industries Ltd - Commencement of commercial production Indo Count Industries Ltd has informed the Exchange that: 'The Company's Home Textile Division has commenced commercial production with effect from 27th March, 2007'. 29/03/2007 Paradyne Infotech acquires Links Group International of USA Paradyne Infotech has signed a stock purchase agreement through Dyne Techservices, a wholly-owned subsidiary of the company, with Links Group International (LGI) to acquire 100% stake in LGI for $ 4.75 million.LGI is a profit making company based out of Virginia, USA. The company is in the business of software services and has client base in various states in USA. The company has a strong client base which comprises of companies across verticals. LGI's current year revenue is above $ 7 million and gross profit is above $ 1.4 million. 29/03/2007 Sanwaria Agro Oils to start new energy division Sanwaria Agro Oils has passed a resolution for starting the new energy division with effect from 1 April 2007 for the purpose of captive/commercial use. 30/03/2007 Hazoor Multi Projects forms three new subsidiaries Hazoor Multi Projects has formed the following subsidiary to effectively manage the expansion program related to multi project activities. Hazoor Township Developers, Hazoor Aambey Valley Developers, and Hazoor Media & Power. 30/03/2007 Makers Laboratories to shut down its Palghar unit Makers Laboratories' board has decided to close down the operations of the company's formulations manufacturing unit situated at Palghar, Thane.This formulations manufacturing unit was continuously making losses inspite of investments made by the company for upgrading and expanding the facilities. The situation has worsened recently on account of lower capacity utilization due to non-competitiveness of the formulations manufactured by this unit vis-a-vis units situated in Excise Free Zones. This non-competitiveness has resulted into the withdrawal of work by third parties whose formulations were manufactured from this manufacturing unit and thus very low capacity utilization. 30/03/2007 Shringar Cinemas acquires 3 screen multiplex at Anand Shringar Cinemas has acquired a 3 screen operational multiplex at Anand, Gujarat, and the company will be taking control of the operations of this multiplex with effect from 30 March 2007.With this, the company has presently 11 properties aggregating to 39 screens.   6. MUTUAL FUND'S SCHEME :- S.No. Scheme NAV Details 1. Magnum BlueChip Fund (G) 10.90 Magnum

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$$ DreamGains !! $$ FW: Sharekhan Post-Market Report dated March 30, 2007

 

---

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: Friday, March 30, 2007 4:55 PM
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated March 30, 2007

Sharekhan's daily newsletter Visit us at www.sharekhan.com March 30, 2007 Index Performance Index Sensex Nifty Open 13,018.21 3,788.85 High 13,111.87 3,832.20 Low 12,984.13 3,785.30 Today's Cls 13,072.10 3,821.55 Prev Cls 12,979.66 3,798.10 Change 92.44 23.45 % Change 0.71 0.62   Market Indicators Top Movers (Group A) Company Price  (Rs) % chg Gainers Proctor & Gambler 834.90 7.62 Chennai Petro 188.90 6.09 Hexaware 168.10 5.72 IndusInd Bank 41.95 5.67 Orchid Chemicals 261.85 5.14 Losers Reliance Petro 71.50 -3.51 Lanco Infra 158.35 -3.00 Ingersoll Rand 277.75 -2.94 IndoRama Synthetic 50.70 -2.87 BPCL 302.25 -2.83 Market Statistics - BSE NSE Advances 1,676 903 Declines 864 435 Unchanged 70 28 Volume(Nos) 18.06cr 34.41cr  Market Commentary  Sensex gains amid volatility The market notched up gains for the second consecutive session on buying in pharma, fast moving consumer goods and metal stocks. The Sensex began the trading session above the 13000 mark at 13018, up 38 points, and moved up in early trades on buying in several heavyweights to touch an     early high of 13070. However, the Sensex eased on profit booking in oil & metal stocks and touched an intra-day low of 12984. The market moved up on reports that the inflation was unchanged for the third week in a row at 6.46%. The Sensex surged and touched an intra-day high of 13112 on substantial buying in pharma, fast moving consumer goods, metal and auto stocks. The Sensex settled at 13072, up 92 points. The Nifty ended the session at 3822, up 23 points. Movers & Shakers Amtek Auto closed in the red despite signing a 50:50 joint venture pact with VCST Industrial Products of Belgium to manufacture powertrain components.  Shringar Cinemas gained on reports that the company has acquired a 3-screen operational multiplex at Anand, Gujarat.  Patel Engineering moved up on bagging an order worth Rs806 crore in a joint venture with Gammon Ltd.  The breadth of the market was positive. Of the 2,610 stocks traded on the BSE, 1,676 stocks advanced, 864 stocks declined and 70 stocks ended unchanged. Among the sectoral indices the BSE HC Index advanced 1.89% at 3649 followed by the BSE Metal Index (up 1.71% at 8488), the BSE FMCG Index (up 1.57% at 1739) and the BSE Auto Index (up 1.36% at 4869).  Most of the heavyweights ended in positive territory. Dr Reddy's rose 3.13% at Rs728, NTPC advanced 3.06% at Rs150, ITC climbed 2.49% at Rs150, Ranbaxy surged 2.13% at Rs353, Gujarat Ambuja gained 2.01% at Rs107, Tata Steel added 1.88% at Rs450, Satyam Computers jumped 1.86% at Rs470, Grasim advanced 1.78% at Rs2,091, Tata Motors added 1.77% at Rs728 and HDFC Bank was up 1.75% at Rs949. Among the laggards Wipro shed 1.27% at Rs558 and TCS slipped 1.27% at Rs1,231. HDFC, BHEL, ICICI Bank, Cipla and ACC ended with marginal losses. Pharma stocks were in the limelight. Lupin soared 4.82% at Rs606, Aurobindo Pharma advanced 4.68% at Rs679, Sun Pharma added 4.08% at Rs1,059 and Matrix Labs gained 3.36% at Rs175. Biocon, Cadila, Wockhardt and Glaxo gained 2-3% each. Over 32.16 lakh Idea Cellular shares changed hands on the BSE followed by Reliance Petro (23.53 lakh shares), SAIL (20.27 lakh shares), HLL (19 lakh shares) and ITC (17.64 lakh shares). Value-wise Reliance Industries registered a turnover of Rs77 crore on the BSE followed by ICICI Bank (Rs50 crore), Tata Steel (Rs49 crore), Bajaj Auto (Rs46 crore) and Infosys (Rs43 crore). European Indices at 15:30 IST on 30-03-2007 Index Level Change (pts) Change (%) FTSE 100 6304.70 -19.50 -0.31 CAC 40 Index 5618.76 -12.77 -0.23 DAX Index 6899.92 2.84 0.04 Asian Indices at close on 30-03-2007 Index Level Change (pts) Change (%) Nikkei 225 17287.65 23.71 0.14 Hang Seng Index 19800.93 -20.85 -0.11 Kospi Index 1452.55 1.60 0.11 Straits Times Index 3231.24 2.36 0.07 Jakarta Composite Index 1830.92 13.21 0.73 “This document has been prepared by Sharekhan Ltd. This Document is subject to changes without prior notice and is intended only for the person or entity to which it is addressed to and may contain confidential and/or privileged material and is not for any type of circulation. Any review, retransmission, or any other use is prohibited. Kindly note that this document does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Though disseminated to all the customers simultaneously, not all customers may receive this report at the same time. SHAREKHAN will not treat recipients as customers by virtue of their receiving this report. The information contained herein is from publicly available data or other sources believed to be reliable. While we would endeavour to update the information herein on reasonable basis, SHAREKHAN, its subsidiaries and associated companies, their directors and employees (“SHAREKHAN and affiliates”) are under no obligation to update or keep the information current. Also, there may be regulatory, compliance, or other reasons that may prevent SHAREKHAN and affiliates from doing so. We do not represent that information contained herein is accurate or complete and it should not be relied upon as such. This document is prepared for assistance only and is not intended to be and must not alone betaken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult its own advisors to determine the merits and risks of such an investment. The investment discussed or views expressed may not be suitable for all investors. We do not undertake to advise you as to any change of our views. Affiliates of Sharekhan may have issued other reports that are inconsistent with and reach different conclusion from the information presented in this report.  This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject SHAREKHAN and affiliates to any registration or licensing requirement within such jurisdiction. The securities described herein may or may not be eligible for sale in all jurisdictions or to certain category of investors. Persons in whose possession this document may come are required to inform themselves of and to observe such restriction. SHAREKHAN & affiliates may have used the information set forth herein before publication and may have positions in, may from time to time purchase or sell or may be materially interested in any of the securities mentioned or related securities. SHAREKHAN may from time to time solicit from, or perform investment banking, or other services for, any company mentioned herein. Without limiting any of the foregoing, in no event shall SHAREKHAN, any of its affiliates or any third party involved in, or related to, computing or compiling the information have any liability for any damages of any kind. Any comments or statements made herein are those of the analyst and do not necessarily reflect those of SHAREKHAN.” To unsubscribe write to myaccount@sharekhan.com

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