A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Bloomberg , BBC and other media reported on Thursday,July 17,2008 that Police and Paramilitary Forces ringed the Karachi Stock Exchange a day after hundreds of Investors stoned the building and shouted anti government slogans as markets fell for the fiftteenth day in a row. In the worst losing streak in 18 years US $ 30 billion of …
Karachi Stock Exchange : Police and paramilitary Forces called in Read More »
This week CNN reported that a massive secret rehearsal of the Opening Ceremony of the Olympics in Beijing took place….The Ceremony is scheduled for the auspicious date of 8/8/8 17000 participants took part and have been sworn to secrecy with a threat that if any leak took place the guilty would face seven years in Jail …
Beijing Olympics : Secret Rehearsal of the Grand Opening Ceremony Read More »
From ” The Economist “ of July 12,2008 ….the summit was a let-down…G 8 leaders rose to the challenges posed by the “three Fs”-food,fuel and the financial credit crunch-with platitudes The big disappointment was over climate change…despite…Last year,Germany’s chancellor,Angela Merkel overcame the reluctance of George Bush and got the G 8 to promise to “consider seriously” …
From The Economist of July 5,2008 G 7 democracies plus Russia-gather in Japan to review the world economy.But what is the point of their discussing oil price without Saudi Arabia,the world’s biggest producer? or waffling about the dollar without China,which holds so many American Treasury bills? or slapping sanctions on Robert Mugabe,with no African present…. …
What a way to run the World says “The Economist” Read More »
Barclays Capital,the Investment Banking Arm of Barclays Bank released a Fifteen Page report on India, dated July 10,2008 and authored by their Senior Regional Economist,Mr Shailesh K Jha Why this report caught my eye was the gloomy forecast on major economic indicators in the very short term Optimists would have only one response ” Ja re …
Barclays Bark on India : Macro Storm Approaching! Read More »
Can’t help it ! this is my second post in two days on Ranbaxy The Share Price is Rs 440 just now on BSE…The Open Offer opens on August 8,2008 and ends on August 27,2008.It is a direct offer to shareholders who will have to tender their shares at Rs 737 and expect only one …
Ranbaxy :Is there any Rationale in Holding for the Open Offer? ? Read More »