Disclosure under Regulation 30 of SEBI LODR, Regulations, 2015 in relation to the release made by the Press Information Bureau, Delhi.

Semiconductor ATMP unit for specialized chips:
CG Power, in partnership with Renesas Electronics Corporation, Japan and Stars
Microelectronics, Thailand will set up a semiconductor unit in Sanand, Gujarat.
Investment: This unit will be set up with an investment of Rs.7,600 crore.
Technology partner: Renesas is a leading semiconductor company focussed on specialised
chips. It operates 12 semiconductor facilities and is an important player in microcontrollers,
analog, power, and System on Chip (‘SoC)’ products.
Segments covered: The CG power semiconductor unit will manufacture chips for consumer,
industrial, automotive and power applications.
Capacity: 15 million per day

CEO increasing stake to over 6%

To sum up the whole process –

Learn – how to read a balance sheet, P&L statement, cash flow statement – elementary self help books are available on the subject

Read a few investment framework forming books. I would recommend –

One up on Wall Street
The Warren Buffett Way
Buffettology
Common stocks and uncommon profits

And … ur ready to go

After that – its all about reading Qtly investor presentations, concalls, general news on economy ( just to stay up to date – not very imp though )

That’s about it

ONGC forms a wholly owned subsidiary-ONGC Green Limited-to produce Green Energy

As intimated to the stock exchanges, Oil.and Natural Gas Corporation (ONGC) will set up a new unit to house its gas business and clean energy projects such as green hydrogen, as it looks to fast-track foray into new areas.

It plans to spend Rs 1 lakh crore on installing 10 GW of renewable energy capacity, and setting up two million tonnes of green ammonia annual production capacity by 2035 as part of its decarbonisation strategy.

ONGC said the wholly-owned subsidiary company will be for value-chains of energy business such as green hydrogen, hydrogen blending, renewable energy, biofuels/biogas business and LNG.

ONGC also Inks a MOU with NTPC Green Energy limited to jointly develop Green energy projects

ONGC incorporates wholly owned subsidiary for green energy and gas biz.

Basis my unprofessional and limited understanding of all things in life, I am of the opinion that DCX is currently in a heavy accumulation phase.

I’d be shocked out of my body (and be broke too) if it goes below 300, with 310-320 as the current band.

We will wait for sellers to fade, and/or for a trigger – which for now can only be news, as earnings is a quarter away.

My foolish self has completely jumped off the cliff this week and increased my allocation to 10%.

I’m a dreamer.