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

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April 2009

What do Anand Mahindra and his stalwarts say about the Satyam Bid ?

This evening ,it was interesting to view live on Stock Channels,Anand Mahindra,Vineet Nayyar (MD of Tech Mahindra) and Bharat Doshi (CFO of the M& M Group) and make sense of their sense on being the highest bidder at Rs 58 for Satyam Anand Mahindra reiterated that their’s was yet only the Highest Bid and not the …

What do Anand Mahindra and his stalwarts say about the Satyam Bid ? Read More »

Look at the Satyam bids !…helps you gauge the risk Tech Mahindra may have taken !

The 2 pm media meet by the Board of Directors of Satyam threw up some interesting facts about the Satyam Bidding Process Larsen & Toubro bid was Rs 45.90/share for Satyam Wilbur Ross’s bid was even lower at Rs 20/share ! The winner,Tech Mahindra, bid Rs 58 through it’s 100% subsidiary….the bid spread clearly indicates the …

Look at the Satyam bids !…helps you gauge the risk Tech Mahindra may have taken ! Read More »

winning bid for Satyam is Rs 58/share…Many Questions yet stand

The Satyam Drama continues The winning bid for takeover of Satyam is just announced…Tech Mahindra has emerged as the winning bidder with a bid of Rs 58 share through it’s subsidiary Venturbay Consultants…No other bid comes close to 90% of this bid…Thus other competitive bidders like Larsen & Toubro have bid below Rs 52.20 Tech Mahindra …

winning bid for Satyam is Rs 58/share…Many Questions yet stand Read More »

Gosh ! As suspected,India prints Plenty Currency Notes to fund it’s rising Fiscal Deficit !

An Unhealthy Year provokes an Unhealthy Practice! Our Fiscal Deficit was Rs 304000 crs for the Eleven months at February 2009 and is expected to cross even revised estimate of Rs 326515 crores for the year ended March 31,2009…6%  of our GDP !…When we began FY 09,the first estimate of the Fiscal Deficit was just 2.5% of …

Gosh ! As suspected,India prints Plenty Currency Notes to fund it’s rising Fiscal Deficit ! Read More »

Adam Khoo…Hey ! I like this Guy…Echo his views that Material Things are Immaterial !

Here’s what a close friend emailed me…Thanks Rajiv….an interesting and heart warming blog by Singapore’s Youngest Millionaire, Adam Khoo…you can access Khoo on www.successwithnlp.com where he’s offering, heavily discounted, his bestseller ” Master Your Mind.Design Your Destiny” for an immediate download By Adam Khoo  |Some of you may already know that I travel around the region pretty frequently, …

Adam Khoo…Hey ! I like this Guy…Echo his views that Material Things are Immaterial ! Read More »

Some Wednesday Wanderings….Varun Gandhi,Sanjay Dutt and CNN-IBN

It’s Wednesday April 1,2009….mid week and Fools Day to boot ! How jittery we have become…a friend called early morning,screaming put on the News!…Jumped out of Bed to do so….only to be April Fooled !…Nothing really ‘Breaking News” But what was on News was  Varun Gandhi being shifted to ETAH Jail from  that of Pilibhit …

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