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Hotel companies were in demand during the fortnight. EIH Associated Hotels, EIH and Indian Hotels Co soared 21%, 19% and 14%, respectively. Taj GVK Hotels & Resorts advanced 9%.

 

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Sugar companies were punished. Upper Ganges Sugar & Industries, KM Sugar Mills, Ponni Sugars (Erode) and Rana Sugars declined 16%, 14%, 12% and 9%, respectively. Balrampur Chini Mills and Kesar Ent fell 8% each.

 

 

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Louisiana’s Moon Shot

The state hopes to save its rapidly disappearing coastline with a 50-year, $50 billion plan based on science that’s never been tested and money it doesn’t have. What could go wrong?

 

This story is second in a two-part series on Louisiana’s rapidly disappearing coastline. Read part one.


As Brig. Gen Duke DeLuca wrapped up his 32-year career with the U.S. Army Corps of Engineers in August, he contemplated the key to Louisiana’s massive, 50-year, $50 billion effort to prevent the southeastern portion of the state from being swallowed by the Gulf of Mexico.


DeLuca, an expert on the many threats facing the coast, said: “It will take a moon-shot type of investment in the science.”


Many in Louisiana’s coastal scientific community believe DeLuca’s description is right on the mark, capturing the undertaking’s daunting uncertainties.


The mission could not have been set on a more challenging landscape, at a more inopportune time.


Continue Reading…

Courtesy: ProPublica.org

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