Cracking the GATE Exam is Easy now with simple tactics

Each exam will be difficult for you if not practical to study and not targeted. The hardness of a test depends on the preparation. Maintaining the correct concepts will help you to high grade in the GATE exam. So be focused and strengthen the concepts.

Time management is very important when preparing GATE. Regularity and concentration is the key to success in the door. Eight hours of planned study is a must. If you can study more than that, it is fine and good.

If your goal is just to qualify for the exam then you can afford to set aside certain sections and focus on the most important and still get enough points to qualify. Civil engineer in mathematics and general ability make up 30 percent of the brands and therefore are critical, but also score sections

Students should consider GATE negative marking for wrong answers. The penalty for an incorrect answer (for multiple choice questions) is a severe 33 percent and so one is obliged to answer questions carefully in order to maximize their marks. It is okay if you have missed a few questions but try wrong this could affect your GATE score.

GATE has a program for each flow mentioned in the official website of the door. Although it is based on the complete graduation program, but not all subjects and subjects are included. So no need to waste time on issues that are not important GATE

Success is a percent chance of eighty-nine percent sweating. Do not let this thing 99 percent of the hand. Work honestly and you will be rewarded with a percent chance.

Despite the lake aspiring implement and review, the actual competition is between 2000-3000 serious contenders only. Those who study systematically and constantly in service. If you do the same thing, you will be one of them. Do not be afraid even before you start. You have to get into the race and work hard to win.

The GATE exam is the same as any other consideration, so no need to take stress. It is enough to remain calm and firm in its abilities, especially in the examination room because anxiety and pressure can make forget all that has studies.


Exam is difficult in terms of relative performance. BCZ there are fewer seats in Mtech / PSU. Thus, the range should be exceptionally good for admission to IIT also higher than the best courses.

In the EC case before when UAR are not too / insignificant by the door. It is even difficult for the range below 100 for admission to the IIT. CDAI normally considered at this time, the top 20, the beach .. but now many more BCZ PSU range students choose.

I had shared this 3.4 times in Quora. With the difference of 0.01 points, no difference of 9 ranks this year in the case CE (Puerta 2016). And that becomes more when the range goes beyond 300500 e and so on.

Remember also 8-10 questions at once, then solving is a challenge

No use of Gate and CAT percentile. Range is what all candidates BCZ questions are more than 1.5 lakh for the main branches, so a 2000 ranking also has 98.667 percentile, but this beach is not useful for categry without reserve. Similarly, the 99.3 percentile for AIR 1000 which is again nothing

So all this makes the exam door is very competitive. Use Rank unless you get a higher course in the old IIT that is less than 250 for general. An error can make or 200, between 300.

Activist Nikhil Dey: To make RTI really effective, we need an accountability law for public servants

The right to information activist was convicted of a 19-year crime in Rajasthan last week.

For 30 years, social wrestler Nikhil Dey has been active in advocacy for the rights of workers, farmers and marginalized citizens. Through Mazdoor Kisan Shakti Sangathan, Aruna Roy Dey and Shankar Singh and their colleagues have campaigned to introduce the Right to Information Act, the Right to Food Act and the National Rural Employment Guarantee Act.

On 13 June, however, Dey was sentenced to four months’ imprisonment by a Rajasthan court in a 19-year case of alleged assault. In a verdict, Mazdoor Kisan Shakti Sangathan calls a “miscarriage of justice,” district court Kishangarh sentenced Dey and four other activists for assaulting Pyarelal tank, ex sarpanch of Harmar Village and Ajmer family. They were also convicted of crimes.

Dey and Sangathan denied the charges. They told me that it was the Sarpanch and his relatives who had attacked Dey and other activists when they went to the house of the Tank May 6, 1998 by requesting documentation of panchayat from funds that had been paid to various public schemes. Although activists chose not to file a complaint to the police at the time, Tanque filed a lawsuit accusing them of assault. The case was closed a month later but reopened in 2001. Sangathan said sarpanch dragged the case over for years making a series of false witnesses.

The conviction last week was an unexpected and unpleasant surprise for Dey. For now, the belief is suspended as activists have appealed against it.

While Dey chose not to speak of the case and recorded his conviction, 54-year activist spoke of displacement. As for the state of the various social assistance programs in rural India, the democracy reduction of space under Narendra Modi and why India needs a law of responsibility of public officials.

For three years the Democratic National Alliance came to power. How was this system far from the previous government?
The social sector has become much less serious today. There is practically no imagination about how poverty, farmers, vulnerable groups can be treated. Before winning the election, the NDA has openly attacked rights-based approaches and, after winning, talked only about empowering people in the market. They said they did not want a benefit-based system for people – that was their approach, in their own words.

Today, its rural development programs have failed. The good thing is that they push the Aadhaar tuition (a unique biometric identity number based on 12-digit Government wants all citizens), who claim to have improved the provision of services. But in Rajasthan, the only state that has made biometrics mandatory for access to rations, we saw that 30% of the eligible population is not able to get cereals. This is a big exception, even if the Aadhaar inscription was a great success.

We also see the tragedy of SWACHH Bharat in the way it is implemented. In rural India, Rs 12,000 were offered to each household to build a toilet – too small even for the poor. In addition, states like Rajasthan lack toilet water.

Arun Kashalkar: Meet the Zen master of Hindustani classical music

If there was a nominee to war name Jeremy Corbyn in the world of Indian music, someone who could be described as “Mr. Zen of Indian music,” would be 74, Arun Kashalkar.

The similar change in Kashalkar monk behavior is, among other things, a consequence of the hard life of the hand that manages this exceptional musician – a hand that played with remarkable dignity and patience. Small society is expected for worldly rewards or recognition of its services to music. This, in turn, allows you to make music on your own terms, without the hinders of the way it will be received by the market.

Having known for two decades, I have observed the ease with which communicates with young people who, in turn, are attracted to his absolute but pleasant personality.

Artist Sarod Abhishek Borkar, 25, says this more. “Arun Kashalkarji was chief examiner on oral and practical Bachelor’s degree exams,” said M. Borkar. “I expressed a deep appreciation of my Yama raga performance in the final, but also grilled on the Puriya-Marwa-Sohini axis during the live report or exam.Although this question forced me to delve into the differences between these ragas, Arunji made sure not to impose myself, but instead he gently told me in the right direction. He has no air. ”

The singer Khayal singer Kedar Bodas, 54, agreed: “It is monitored the musical progression of musicians almost all young people who deserve to be heard and knows exactly what region a particular musician has to work more and share the comments of In an honest way, but loving and stimulating. ”
The promoters of Indian classical music often say that the race is too complex for the average viewer and should be diluted in digestible “capsules” to be enjoyed. However, such proposals are also trying to eliminate the key ingredient that holds any art form relevant to society – a sincere intention. People are curious about Indian music, but the art form is lacking in serious commitment. The exact reason for this qualitative decline lies in the fact that most major developers are content to flirt with the fleetingly temporary curiosity of the audience rather than working to establish a long-term relationship with a cultured audience.

“The broader trend of Hindu music today is avoidance by many musicians, especially the very famous to deepen the knowledge of the subject and create music that meets the aesthetic values ​​of this art form,” Weddings said.

The antidote may be to expose young people to Hindustan classical music in its purest form. Some get there, others do not. The reason rock music of the 1960s always finds listeners, is because their authenticity continues to hit the spot. This is exactly the same reason why Faiyaz Khan, Bade Ghulam Ali Khan or Kesarbai Kerkar never register. When we look at the glamor and general void of many so-called hardcore, there are only a few dozen musicians who can participate in both the experienced rasika and new music, thanks to their artisanal mastery and content. Like sincerity of intention.

‘All my life I’ve had a vision of being a Formula 1 driver’: Arjun Maini’s dream is on track

28 and 26. That’s how many were former Formula 1 Indian drivers away – Narain Karthikeyan and Karun Chandhok in 2005 in 2010 – when they made their debut at the highest level.

But Arjun Maini, every 19 years, is already part of the Haas F1 team as a development pilot. For the young competitor, the dream is to be part of a Formula 1 team, a seat confirmed or not. And the Indian teen has already taken the initiative.

Even before he could get into the F1 paddock, Maini gave a comment about what he was capable of when he became the first Indian to win a GP3 race with Jenzer Motorsport in Barcelona days after his announcement.

“It was very good to show the Haas F1 team that I finished and I hope there are many more in the future,” Maini said in the field. “Karun Chandhok took me across the lawn after winning the race.Walking in the paddock as the winner of the race, even if it is not F1, it felt incredible.Everyone else on the team was happy and I would like to continue Offering, “he added.

The 19-year-old talent is determined to make the most of his initial advantage and learn everything – even radio talks.

“I have learned a lot of radio talk during the race and free circulation. Being close teaches you much more than you already know, so the experience itself is prepared for what could come in the future,” Maini said.
The victory in Barcelona, ​​days after an F1 contract is a good indication not only of Maini’s potential, but his ability to cope with the pressure. “My emotions were all over the place because you can not believe that he is already part of a supposed Formula One team, that he had to keep his head centered on the GP3 weekend as it is also very important.It was good, But it was also difficult to keep calm and think so much, “he said.

“Actually, he does not think about when he drives, everything happens so naturally, but it’s difficult to get into the area where it can be done at a very high level and this is what worries me the most, but I managed to do it” He said, while describing the roller coaster he experienced during this busy week in May.

When he talks about his work, it’s almost easy to forget that Maini is only 19 – still a teenager. He said he had never thought about what road car he was going to drive, but he knows what car he would run – red Ferrari, of course. He admits that sometimes it is difficult not to go out with friends or watching a movie or going out to eat, but at the same time he said that he is willing to make these sacrifices because he lives the life of his dreams.

Maini moved to Europe at the age of 14 and lived away from her family to England at age 16, without even knowing how to make a cup of tea. Today, he prefers to cook, even if he falls in India. When he talks about the hard work of the last three years, it is with a certain maturity that shows his age.

“It was difficult at the beginning, a learning process for the sake of race and the hope of doing Formula One one day. What was very important during this time was outside my comfort zone – [it is] more important than contractual “There are so many things that help him become the ultimate driver and discipline out of the way is one of them too,” Maini said. “At first, I was quite scared to move to Europe, but I got used to it, I started to cook and now I live alone and I have no problem with it.”

The grand European Art Tour: How India’s faring in three of the world’s biggest art events

The most famous annual arts event in the world takes place every June in Basel, Switzerland. The most famous biannual program is set in Venice, Italy, in odd years. And the most prestigious exhibition of all, called Documenta (the small “d” is not a mistake), occurs once every five years in Kassel, Germany.

Once in 10 years, Art Basel, the Venice Biennale and the Documenta are at the same time, an alignment of the stars that makes a summer visit to Europe obligatory for those interested in contemporary art, provided When they have the means. 2017 is a year as I am the two boxes by the time I spent much of the last three weeks to see document 14, the 57th Venice Biennale and the 48th edition of Art Basel.

Adam Szymczyk, the Polish curator of this year’s Documenta, added a trick for the route by spreading his two-city program (instead of the stapler in Kassel). His job title, Learn Athens, tells you in which city he was united to our best places for our great tour. It was a city with which I had outstanding issues, I thought it would remain unresolved, because I had not liked the city on my first visit and I do not think I would stay again. But this is where our tour starts in 2017.

My first visit to Athens was in 2004, on the eve of the return of the Olympic Games in its original location. I thought I understood everything. The Greeks were reviewing the main sites for the Games, visiting earlier, we would like to know the restored sites without the crowds.

The National Archaeological Museum, for example, was open a month before the big event. However, when we arrived, it was well-gated. There was a bit of delay, we were told, but it was actually an opening in a week. I said, “I did not come to Athens to leave without seeing the gold mask of Agamemnon”, and we changed our reservations that we had one day in Athens at the end of our trip. And after the standard tour of Mykonos, Delos, Santorini and Crete, we returned to Athens and found the museum still closed. Almost done, it will be open in a week, they said.

Other highlights of Athens were in poor condition. The Parthenon was covered with scaffolding, the central square of Syntagma Athens was a huge confined tile site waiting to be asked, etc. When Greece entered a long recession four years later, I was sad, but hardly surprising.

In 2004, we paid 55 euros per night for a fairly large hotel room for us and our luggage fit. This time, thanks to the recession and the booming economy, the same amount that has allowed us to have an entire apartment with a dump outside. We were glad to see a Parthenon largely free of scaffolding and the wonderful new museum at the base of the Acropolis where the sculptures of the temple of Athena move.

The archaeological museum was open and its many interesting treasures. But the proof of the decade with nation-wide problems was palpable everywhere. It was obvious in some cases, to increase the number of beggars for example, but also in small things. One afternoon, I noticed a 30-year-old man learning to serve tables at the small restaurant where we had lunch. I noticed by the way he was doing that he was well educated and had started his career working on a white collar. So far, the poor boy was a servant without hope.

Badminton: How India’s men are finally getting out of Saina Nehwal and PV Sindhu’s shadow

K Srikanth and B Sai Praneeth will play the quarter-finals of the Superseries Australia in Sydney on Friday.

In the past, a meeting of all Indians at this stage would have seen amateurs rejoice because it would mean that India would guarantee a place in the semifinals. Instead, the underlying feeling that it is now such a shock in competition is likely to steal India from somewhere else at the end of the company to a tournament.

The feeling of being changed short is understandable given the graphic performance of the Indian hunter men in the last 12 months.

Since the Rio Olympic Games, Indian men have won three Superseries titles and recorded two finalists with at least one or two players, which always makes the last step. Add to that a large number of Grand-level titles and finished runners and one can safely say that the Indian men days that were considered as companions of the international circuit are passed.

It goes without saying that the Indians have not won titles in the past. Srikanth bagged two Superseries crown in 2015, while Aravind Bhat, P Kashyap, Ajay Jayaram and even Sameer Verma had Grand Prix gold titles to show their efforts in the past.

However, most of these podiums were considered triumphs and consistency ahead for the missing titles. But India has won the last two Superseries titles and HS Prannoy become a match point in the second game of the semi-final against Kazumasa Sakai, both have seen their peak point of India shock.

So what has changed for men since PV Sindhu came home with an Olympic silver medal in Rio?

It’s not as if the men found a magic potion that helped transform them from being talented pilots to champions. While Saina Nehwal and Sindhu make the stars with their performances and songs, the men had shown the depth in number in recent years with at least half a dozen in the top 100 and at least some making the world’s top 20 consistently ranking positions .

Currently, India has six in the top 35 and has four in the World Championship in August. And the competition is improving among Indian men with youngsters like Sameer Verma Harsheel Dani Lakshya Sen pushing the stars set by a place on the national team.

But what has really changed in the last two years, thanks to the success of Nehwal and Sindhu is the hunger to win titles, and not just settle for team rankings and selections. This meant that players are ready to take a break and train harder after returning from an injury or even for minor nuisances.

Sai Praneeth has not participated in a tournament for almost seven weeks after a shoulder injury just before the high level nationals in February and although he took the time to hit the ground on the international circuit he was the first to believe Their fitness levels for the Singapore Superseries title improvement.

Another catalyst for the sudden upward performance chart is the arrival of Indonesian coach Mulyo Handoyo and his assistant Hariawan in early 2017. Former world champion and Olympic champion Taufiq Hidayat’s Olympic coach entered in when the coach of the national team leader Pullela Gopichand Was in trouble to do justice to the growing demand of his time and body with the growing group of artists.

Reliance Jio vs Airtel vs Vodafone vs Idea Cellular vs BSNL: The Top Data, Calling Plans on Offer

Reliance Jio vs Airtel vs Vodafone vs Idea Cellular vs BSNL: The Top Data, Calling Plans on Offer

The Jio dependence has a great entry into the telecom sector in India in September last year and has completely changed the way the market works.

Free calls and Jio data forced market leaders Airtel, Vodafone, Idea Cellular and BSNL to launch the competition plans, a trend that is expected to continue at least until Mukesh Ambani’s brand began its paid services.

However, even after the payment of the Jio service in April this year, rivals have continued to distribute prepaid packages and postpaid plans. In fact, the market sees a new plan announced by the telecommunications companies.

Here we look at quickly the best data offers and discussion points started by all the operators of the Jio surprise summer offer.

With its launch in September last year, Reliance Jio revealed the Jio welcome offering with free data services, call, SMS and applications to customers.

Even though the operator says that the call will remain free in its VoLTE network, its promotional launch of free data, SMS and applications has been extended for three months starting in January with the Happy New Year offer.

The Jio branch started its payment services in April and also presented the Jio Summer Surprise offer three months to customers who buy Jio Primer – R – 99. members valid until March 2018.

The Jio Summer Surprise offer offers 1 GB of data 4G per day to 90 days in Rs. 303 and 2 GB 4G data per day up to three months for Rs. 499.

postpaid customers receive 60GB 4G data for the billing cycle, the FUP is set to 2 GB per day. However, this offer did not last long – with TRAI ordering Jio to end its supplementary services – and was separated by Reliance Jio in a matter of days.

As a replacement, the company proposed a similar offer to that of Dhan Dhana Dhan Jio for key users offering 1 GB of data per day up to three months for Rs. 309 and 2 GB of data per day up to three months at Rs. 509.

There is a big difference between the summer surprise offerings and Dhan Dhana Dhan however – three more months of additional services.

If you were one of the first people to opt for Jio first and perform a later recharge of Rs.

303 or greater value, to be eligible for the offer summer surprise, which gave free free data, free SMS and application services to three months, after which the Rs. Load value 303 (or higher) entered into force.

Customers who do not take advantage of the summer offer Jio La surprise and who were to offer Dhan Dhan Dhan Jio did not receive the services previously described free for the first three months.

The value is loading Rs. 309 and Rs. 509 per day covering 1 GB and 2 GB per day up to three months respectively. After three months, customers will have to restart their Jio number to continue their services.

Now that the Jio summer surprise offer began to expire adopt for the first time, Jio launched new projects to ensure customers get the best deals.

First, there are the Rs. 399 Dhan Dhana Dhan Jio providing for an additional 84 days, providing 1 GB of data per day, and all other services.

The other new Jio plan, priced at Rs 349, provides data users with 20 GB for 56 days with no daily limit on consumption data; However, users will receive 10GB of data during the first 28 days and the remaining 10 GB for the last 28 days with this plan, instead of 20 GB together.

Asus ZenFone AR With 8GB RAM Unveiled at CES 2017; ZenFone 3 Zoom Camera Smartphone Also Showcased

Asus ZenFone AR With 8GB RAM Unveiled at CES 2017; ZenFone 3 Zoom Camera Smartphone Also Showcased

Asus launched the smartphone Zenfone AR with 8 GB of RAM as well as Google’s augmented reality program support and virtual reality software DayDream Tango during CES 2017 technology news with society Asus Zenfone AR unveiled the smartphone Zenfone 3 zoom with a 5000 mAh battery in the event.

The new Asus Zenfone smartphone with AR AR + VR functionality, which was replaced by Qualcomm in recent days, come in several versions; Asus has confirmed at least one version with 6 GB of RAM.

Asus Zenfone AR, like the other Tango device – the Lenovo Phab 2 Pro – is designed around the camera’s vision with a camera and sensor configuration that provides motion tracking, a depth perception and Learning zone.

Unlike other Zenfone smartphones, Asus Zenfone AR has a fingerprint scanner on the front built-in button on the start button. It has a Super AMOLED QHD (1440 x 2560 pixels) 5.7-inch screen that is likely to play an important role in virtual reality. The company added that the Asus Zenfone AR exceeds 79% screen-body ratio.

Under the hood, Asus Zenfone AR uses the high-end Qualcomm Snapdragon 821 processor that the company claims to have been customized for Tango.

With Qualcomm Snapdragon 835 announcing the new SoC, the choice of the Snapdragon 821 processor for the smartphone enabled Zenfone AR Tango and Daydream seems outdated.

Asus at the event confirmed that the company will have an exclusive Asus ZenUI VR 360 degree operator in PhotoCollage, Gallery and ZenCircle applications.

The Taiwanese company also confirmed that the Asus Zenfone AR has a cooling system to prevent overheating of the steam.

The Asus Zenfone AR camera supports a Sony IMX318 23-megapixel camera with TriTech + autofocus system, dual PDAF, second generation Laser Focus and continuous AF.

The rear camera supports the OIS 4-axis (optical image stabilizer) and the 3-axis EIS (electronic image stabilization) for video recording in parallel to the 4K video storage media.

The company opted for a camera in front of the camera 8 megapixels with a f / 2.0 and a large lens angle of 85 degrees.

The Asus Zenfone AR, based on the 7.0 nougat Android, will be available in the second quarter of 2017, with the company announcing the price near the introduction in the market.

Asus has not yet revealed all the specs details for Zenfone AR. Other specifications include specified up to 256 GB of integrated memory expandable by microSD card (up to 128 GB) in a dual-SIM hybrid configuration (Micro Nano +); One 3300mAh battery; C-port type Connectivity USB 2.0 and Bluetooth v4.2 and WiFi 802.11ac.

Asus Zenfone Zoom 3, by contrast, is considered a smartphone “the thinnest and lightest” with a 5000mAh battery, which is a device sound element. It is only 7.9 mm thick, weighing 170 grams.

Like previous Zenfone zoom models, the Asus Zenfone Zoom 3 works like a power bank can charge other smart phones.

Air India parts may take time to digest, but IndiGo is one for the long haul

Air India parts may take time to digest, but IndiGo is one for the long haul

With domestic passenger traffic crossing the $ 10 million mark for the first time in a month of May 2017 and the occupancy factor touching a new high of 88.9 percent, Indian carriers seem to fly high.

The aviation industry, although highly competitive, has a good place with beneficial fuel prices and increased passenger traffic generated by the influx of the middle class.

In this environment, we believe that players with excellent networks and solid financial performance and are well placed.

Interglobe Aviation, known as indigo, the market leader in the domestic sky, now aims to announce its intention to acquire the international operations of Air India and Air India Express.

Is it too ambitious, or is the selection of parts of the national cherry portfolio a well-thought-out strategy that will generate long-term value?

Domestic traffic in India grew by 20 percent composed by AFS-14-17, winning rail market in first-class rail rail traffic registered a growth of rail traffic and lean non-suburban passengers has declined.

The construction industry and additional capacity placed orders for almost 829 aircraft (the current fleet size is 498).

According to an IDFC report, 251 additional aircraft will be added to the fleet before August 20, which will result in an increase in capacity, measured by ASKM (kilometers of seats available), 15% consisted of FY17-20 This additional capacity is expected to increase 17 percent of passenger traffic.

The industry has experienced a load factor of 78.8% in FY 2005 to 81.7% in year 17. The load factor is estimated to be stable at around 80% of additional passenger growth capacity.

The paradigm shift in the industry due to lower fuel prices – from above $ 100 per barrel to the current level of nearly $ 45 per barrel.

As the only fuel contributes about 30 to 35 percent of an airline’s total cost, the price drop has led many airlines to be profitable after posting losses for years.

IndiGo dominates the sky of India with a market share of 40 percent; If international traffic is launched, its market share remains healthy, or 34.9%.

Its passenger traffic recorded a significant growth of nearly 28 percent compared to FY12-17 compound, against industry growth of about 10 percent on the back of its unadorned products at competitive prices, reach and performance in time

IndiGo navigates well in the sky due to operational efficiency. The company has focused on reducing each component that appears in its cost structure.

The cost per unit of Indigo is lower compared to other companies in the sector, as shown in the following table. Even when oil prices were high, the company was able to consistently earn profits. Now, with low prices, you expect the benefits to take off.

The company also has a young fleet (average age of five), which gives it more energy efficiency. Using a single aircraft configuration and class also allows you to reduce training costs.

In addition, the company was able to use its assets better than its competitors: the use of airplanes is 12.7 hours per day (SpiceJet: 10 hours a day).

HPCL gains over 6%, while IOC, ONGC fall as brokerages dissect deal dynamics

HPCL gains over 6%, while IOC, ONGC fall as brokerages dissect deal dynamics

In the context of mergers and acquisitions (M & A) in the oil and gas space, oil trading companies (WTO) reacted in various ways in the stock markets.

HPCL shares rose more than 6 percent intraday, while ONGC and the IOC fell between 1 and 2.3 percent. Investors were encouraged after prospects HPCL reported discussions on mergers.

In the meantime, they were cautious about the rest because the deal would mean more trouble and pain for both.

Oil Minister Dharmendra Pradhan said on Wednesday that the merger between the two companies will be completed during the current year, CNBC-TV18 quoted quoting agencies as saying.

The PTI news agency said earlier this month that the government was trying to sell 51 percent of HPCL to ONGC to more than Rs 26 billion rupees.

Following the outbreak of the Council of Ministers, the government could move to appoint valuation and transaction advisers, while ONGC may also decide to hire commercial banks to arrive at the assessment of government involvement.

ONGC had a cash reserve of 13,014 crore rupees and will finance the acquisition of government participation in HPLC, will be provided at least Rs 10 billion crores, the source said.

Major global brokers have highlighted the good times in the HPLC warehouse, but said the deal could mean difficult times for the IOC and ONGC. Moneycontrol examines the views of the transaction.

The global financial services firm said that since such an operation could be considered as a transfer between shares between developers, it does not require the approval of minority shareholders and can not trigger a mandatory open offer. However, the minority shareholders of both companies may have something to say in this type of transaction, he added.

Minorities HPCL, according to the report, may be worth an evaluation exercise to determine a fair value for the action and see if a control premium is warranted.

“The likely intention of the government (as reported) to seek the advice of independent evaluators and request the open offer exemption, therefore, may indicate caution on their part because the two issues could be the subject of controversy for minorities,” he said. The Citi report.

On the other hand, he highlighted how ONGC may have to sell its stake to finance the acquisition. He cited media reports stating that significant energy could consider selling a 13.8% stake in the IOC.

“This could make a logical sense for ONGC as the value of its share is equal to 4.1 billion dollars, almost equal to the value of the government’s participation in HPLC 51% ($ 4.3 billion CMP),” said the firm In its report.

Citi added that the evolution of strong trends in fuel consumption and daily fuel prices are positive. “While the first quarter could be affected by inventory losses, we asked investors to look beyond these factors,” he added.

CLSA also cited media reports on the completion of the transaction by the end of the year. In addition, he also emphasized how the ONGC debt could increase in the back of this proposed transaction.

“More importantly, an NGO holding structure would be created implying a possible leakage value of Rs 6.5 / sh (4% of the current price) using a 50% premium at the current HPLC price and assuming that the market Allocates a holding company (that is, 20%), “the company analysts wrote in its report.

Meanwhile, for minority shareholders, he said, since it is a government-to-government transaction, it may not be a specific minority approval.

As for the monetization of its problems, he said that with the ONGC plan to sell the money in the IOC, the government also plans to sell part of its 57 percent of the IOC.

“We are seeing a global offer of $ 6 billion or 20% participation in the IOC in the short and medium term, which can be a huge inertia for the population,” the report added.

In addition, he indicated that the activity could lead to many of those transactions. In the oil space, he said, the IOC could be the next big company that could be invited to acquire the small Oil India.

“If offered as an ONGC it could imply a loss of value for IOCL and it would be negative,” said