A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
My Blog has this Tag Line on the Home page ” In India,Companies may fall Sick,but Promoters rarely do !” How do we get Retail Investors to come back into our Stock Markets when we have self serving Promoters running Riot with Shareholders Funds ! Satyam joins this growing list of Companies where Promoters take …
JOKE OF THE DAY Satyam has won the Golden Peacock Global Award for Excellence in Corporate Governance for 2008…..This award was given recently on September 23, 2008 Relations Global Rankings (IRGR) rated Satyam as the company with Best Corporate Governance Practices for 2006 and 2007. It also won the Golden Peacock Award for Excellence in Corporate Governance …
Joke of the Day !…..Satyam has won several awards for Corporate Governance Read More »
Holding less than 10% of Satyam’s equity,Founder Chairman,B Ramalinga Raju,got a Board Resolution passed to buy out 51 % of the Equity in his Son’s Companies Maytas (Satyam spelled backwards !) Infrastructure and a 100% Stake in Maytas Properties for a whopping aggregate of US $ 1.6 Billion or nearly Rs 8000 crs ! As if …
Satyam becomes Asatyam as Founder Ramalinga becomes Ravana ! Read More »