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“In India, companies may fall sick, but promoters rarely do!”

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October 2008

ICICI Bank Jt MD ,Ms Chanda Kochhar comes on CNBC to reassure

ICICI Bank’s Jt MD and CFO,Ms Chanda Kochhar just appeared on CNBC in a call in converstaion with the Anchors…Clearly through all her calmness and reassurances there was an underlying and urgent  plea to Depositors and Shareholders and Investors not to Panic and fall prey to the rampant rumour mongering going on With the Share Price …

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IS INDUSTRIAL RECESSION SETTING IN EVEN IN INDIA ?

Shocking IIP Nos for August 2008 were released today.On a yoy basis the overall industrial growth is a mere 1.3 % against 10.9 %  SHOCKING IIP GROWTH FIGURES IN %  FOR AUGUST YOY Sector Growth % in August 2008 Growth % in August 2007 Overall Industrial Growth 1.3 10.9 Manufacturing 1.1 10.7 Mining 4 14.7 Capital …

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There Was Just No Place to Hide as even BLUE Chips turned Stark RED

The Plunge in even the BLUE Chips shows that there was just no place to hide in Indian Equities in 2008…no matter what is your risk profile.Top Five such selections all plunged into the RED On January 10,2008 our Sensex recorded an all time high of 21206.77 but closed lower at 20582…From this date till now …

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Pretty Ironic that Fed Rate is now 1.5% close to the culprit 1% some years ago

Just look at the Irony of it all ! When the Fed rate was as low as 1% for nearly a whole Year  some years ago it had created the scenario of Wanton Mortgage Lending and Wanton Mortgage  Borrowing and had led to a Surge in House Prices When the House Asset Bubble Burst and the ugliness …

Pretty Ironic that Fed Rate is now 1.5% close to the culprit 1% some years ago Read More »

What else can you expect from HOV Promoters ?…they continue their Cloak and Dagger Game

What Did I tell you about HOV Services in this morning’s blog  and in the warning blog just one two days ago ! They have now just released to the BSE the outcome of their Board Meeting Today to discuss the Material Transaction Proposal…Have a Look below Corporate Announcement Scrip Code:532761   Company:HOV Services Ltd       …

What else can you expect from HOV Promoters ?…they continue their Cloak and Dagger Game Read More »

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