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‘Aadhaar no proof you are legally occupying house’

‘Aadhaar no proof you are legally occupying house’

Finance
MUMBAI: Aadhaar card, Pan card and electricity bills are not proof that a person is legally occupying a house, Bombay high court has ruled. Justice Shalini Phansalkar Joshi upheld the eviction of four families of former municipal employees from a building in Matunga owned by BMC. The families, claimed they had been staying in apartments at Laxmi Niwas, Matunga, for around four decades and had been issued identity and address documents “The documentary evidence on which (the families) have relied on, such as electricity bills, ration cards, Aadhaar card, PAN cards, etc, at the most prove their occupation but not the authority under which they are occupying those premises,” said the judge. “It may be true that as they are in possession of the enquiry premises since last several years, no obj
3 Reasons to Buy Garmin Stock

3 Reasons to Buy Garmin Stock

Finance
If you wrote off Garmin (NASDAQ: GRMN) stock after GPS-enabled smartphones began disrupting the company's automotive navigation device business some years back, it's time for you to take another look. The company just wrapped up its second straight year of sales and profitability gains, despite challenges in a few of its biggest market niches.Garmin expects that momentum to continue in 2018, and shareholders can count on an added boost to their ROI from its recently hiked dividend . There are better reasons than a meaty 3.5% yield to consider investing in this solid business, though.Image source: Getty Images.Diversification rulesGarmin's 2017 results demonstrated the power of its diversified product portfolio. Sure, revenue from its automotive GPS segment shrank last year, as they have an...
Icahn, with 6 percent of Newell Brands shares, hasn't decided which side he's on

Icahn, with 6 percent of Newell Brands shares, hasn't decided which side he's on

Finance
Billionaire Carl Icahn reported a greater than 6 percent stake in Rubbermaid parent Newell Brands, calling them undervalued, according to a regulatory filing on Friday.The activist investor said in a filing with the Securities and Exchange Commission that he intends to talk with Newell management about ways to "enhance shareholder value." The filing also says Icahn expects to have additional talks with other fund manager, Starboard Value, about its proxy contest against Newell. Earlier this month, Icahn told CNBC he had taken the large stake without saying exactly how much he had acquired.Activists Starboard Value and Martin Franklin have teamed up to oust Newell's entire board. Icahn's filing on Friday said he hasn't decided whether he was going to support management or Starboard. "Altho...
Is Polaris Industries Inc. a Buy?

Is Polaris Industries Inc. a Buy?

Finance
After two years of trouble stemming from numerous recalls of its off-road vehicles, Polaris Industries Inc. (NYSE: PII) appears to have put the worst of its problems behind it. As fellow Fool Rich Duprey recently pointed out , fire risks for the company's off-road vehicles and ATVs haven't been completely put to rest, and it's possible there could be more recalls in the future. But a recent warning of "thermal hazards" didn't come with the don't ride/don't sell statements that had come with previous announcements. By the look of it, recall costs should be slowing down and consumers and dealers are apparently looking past any residual fire risk. Polaris was solidly profitable in 2017, and its 2018 is expected to be even better.If you're considering investing i...

Weekly Trading Forecast: All Eyes on Fed Policy Announcement

Finance
DailyFX.com -A much-anticipated monetary policy announcement from the Federal Reserve will shape price action across financial markets in the week ahead.US Dollar Forecast: US Dollar on Offensive Before Fed Rate Decision. Will it Last?The US Dollar is on the offensive as traders brace for what could be a major hawkish policy pivot at the Federal Reserve. Will Jerome Powell and company deliver?British Pound Forecast: From Famine to Feast - BOE, Hard Data and BrexitSterling traders will be happy to see a raft of potentially market moving releases and events next week after a week of twiddling their thumbs.Australian Dollar Forecast : Australian Dollar Pressured, Fed Hawkishness Will Be DecisiveThe Australian Dollar will be as in thrall to the week's Federal Reser...