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

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January 2009

AUDITORS PRICE WATERHOUSE : Will Surely Pay the PRICE as there is not enough WATER to douse the SATYAM FLAMES that are engulfing their HOUSE !

5 Comments / Controversies, Corporate Governance, Information Technology, Interesting News Sightings, INVESTOR MISTAKES, Reflections, Satyam : The Sordid Asatyam Saga / By

Within just one day of Satyam’s Promoter Chairman,Ramalinga Raju confessing to cooking up the Books, in his letter to the Board,the Auditing House and one of the ‘Big Four’,PRICE WATERHOUSE is already being relegated to history for their role in this unfolding and sordid Satyam Saga…remember how the Auditing Giant,Arther Anderson wound up when Enron failed !? …

AUDITORS PRICE WATERHOUSE : Will Surely Pay the PRICE as there is not enough WATER to douse the SATYAM FLAMES that are engulfing their HOUSE ! Read More »

NOW TWO MORE SERIOUS QUESTIONS EMERGE IN THIS SORDID SATYAM SAGA UNFOLDING!

3 Comments / Controversies, Corporate Governance, Derivatives Strategies, Information Technology, Insider Trading, Interesting News Sightings, INVESTOR MISTAKES, Reflections, Satyam : The Sordid Asatyam Saga, STOCKS, VALUATION / By

Now Two More Serious questions need to be answered in this continuing Satyam Saga ! QUESTION NO 1 DID RAMALINGA RAJU INTIMATE LENDERS TO SELL HIS PLEDGED SHARES BEFORE RELEASING HIS CONFESSION LETTER TO REALISE A BETTER PRICE TO CLEAR MORE OF THE LOAN ?  This is very much posssible as the Promoters Holdings was …

NOW TWO MORE SERIOUS QUESTIONS EMERGE IN THIS SORDID SATYAM SAGA UNFOLDING! Read More »

BSE,NSE and SEBI must check if Ramalinga Raju or any of his fronts shortsold Satyam at Rs 175 in Derivatives or in Morning Spot before releasing the Bombshell of his Letter that confessed to a Fraud and sunk Satyam in quicktime from Rs 175 to close at Rs 40

Leave a Comment / Chuckle !, Controversies, Corporate Governance, Derivatives Strategies, Information Technology, Insider Trading, Reflections, Satyam : The Sordid Asatyam Saga, STOCKS, VALUATION / By

Ramalinga Raju of Satyam is nothing but a downright Cheat and a Dishonest and Fradulent promoter…however he did have the courage to confess this morning….yet he cannot be trusted Satyam closed at just Rs 40,down Rs 138 from Rs 175 BSE,NSE and SEBI must check that Ramalinga Raju and his coterie did not benefit monetarily from …

BSE,NSE and SEBI must check if Ramalinga Raju or any of his fronts shortsold Satyam at Rs 175 in Derivatives or in Morning Spot before releasing the Bombshell of his Letter that confessed to a Fraud and sunk Satyam in quicktime from Rs 175 to close at Rs 40 Read More »

Finally Satyam’s Raju resigns shockingly admitting a massive Fraud and share price sinks from Rs 175 to Rs 50 this morning,murdering Shareholders and Capital Markets in one stroke !!!

5 Comments / Controversies, Corporate Governance, Economy, Foreign Institutional Investors, Information Technology, Insider Trading, Interesting News Sightings, INVESTOR MISTAKES, Reflections, Satyam : The Sordid Asatyam Saga, STOCKS, VALUATION / By

I had told you Satyam’s Chairman Ramalinga Raju was actually Ravana and he was a goner…just read my blogs of December 17,2008 and December 19,2008…..You cannot believe this guy…he’s got a history of hoodwinking…he bought Rajesh Jain’s Indiaworld for US $ 116 Million in 2000…this was a hogwash deal only to launder Money ! Regulators …

Finally Satyam’s Raju resigns shockingly admitting a massive Fraud and share price sinks from Rs 175 to Rs 50 this morning,murdering Shareholders and Capital Markets in one stroke !!! Read More »

IT Company Scam in Denmark….Dubious Indian IT Companies should file for Patent Infringement for Fraud Technique!

1 Comment / Chuckle !, Controversies, Corporate Governance, Information Technology, Insider Trading, Interesting News Sightings, INVESTOR MISTAKES, Reflections, STOCKS, VALUATION / By

How to Hoodwink the World in Business….The Danes must have learnt it from the Indians !…and we, from the Americans ! Would you believe this ?…an IT Company in Denmark was completely fraudulent…fake orders and profits…and it’s promoter was awarded many recognitions ! Below is the whole Transcript of the recent article in Wall Street …

IT Company Scam in Denmark….Dubious Indian IT Companies should file for Patent Infringement for Fraud Technique! Read More »

Ambani Brothers : Burying the hatchet or yet at each other with one ! ?

1 Comment / ADAG Companies, Controversies, Corporate Governance, Insider Trading, INVESTOR MISTAKES, Reflections / By

It’s been a War Zone with no holds barred between the Ambani Brothers after their father expired in 2002…It led to a Demerger of the Group in 2005 and shareholder wealth zoomed There have been evident reconciliatory moves between the brothers in recent months…clearly some thaw is visible and they appear to be moving the Hatchets away …

Ambani Brothers : Burying the hatchet or yet at each other with one ! ? Read More »

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