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

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Essar Oil sets Rs 146.05 as Floor Price for delisting ~ Critical Questions remain

Essar Oil sets Rs 146.05 as Floor Price for delisting ~ Current Market Price is @ Rs 210 ~ What will be the discovered price ? Some Critical Questions yet in the air Six Years ago,LIC had picked up Rs 300 crs+ of Essar Oil in January 2010 at Rs 140 a share ~ Will they …

Essar Oil sets Rs 146.05 as Floor Price for delisting ~ Critical Questions remain Read More »

Indiabulls Housing Finance & Reliance Communications sinking on Bourses !

Post Bihar Elections Results observe the rapid decline in share prices of Indiabulls Housing Finance & Reliance Communications! Both are sinking on the Bourses  by 15% + & 10% respectively today ….far more than Sensex drop of 1% to 25600 levels !…and both are traded in F & O Segments too ! Indiabulls Housing Finance …

Indiabulls Housing Finance & Reliance Communications sinking on Bourses ! Read More »

Essar Oil surges to Rs 200+ on SEBI Order for Delisting~5 Questions for SEBI!

Essar Oil surges to Rs 200+ on SEBI Order for Delisting ~ 5 Questions for SEBI ! Essar Oil again seems to be getting away ! SEBI should have shown some muscle and teeth and independence in ordering  either :  Compulsory Delisting of Essar Oil for the all the continuing  Corporate Governance Issues it keeps …

Essar Oil surges to Rs 200+ on SEBI Order for Delisting~5 Questions for SEBI! Read More »

Gujarati Thali at Shree Thaker Bhojanalay ~ Yeh nahi khaya toh kya khaya !

Gujarati Sunday Vegetarian  Thali at  Shree Thaker Bhojanalay ~ “Yeh nahi khaya toh kya khaya !”…..it began serving 70 years ago  in 1945 ! Just a few Sundays ago in October 2015 ,at the express desire of my adult nephew down from Toronto,my wife,adult son ,him and I sauntered in late afternoon at 2 pm to …

Gujarati Thali at Shree Thaker Bhojanalay ~ Yeh nahi khaya toh kya khaya ! Read More »

Shyam Telecom Upper Circuit at Rs 51+ as RCom buys into SSTL ~ Not Justified

Shyam Telecom was on Upper Circuit at Rs 51+ this morning  as RCom buys into SSTL ~ Not Justified   Anil Ambani’s listed Reliance Communication just announced a few days ago it’s picking up the wireless business of  Russian Parent’s Indian unlisted Sistema Shyam Teleservices Ltd that operates in India as a Telecom Service Provider …

Shyam Telecom Upper Circuit at Rs 51+ as RCom buys into SSTL ~ Not Justified Read More »

SKS Microfinance drops 20% to Rs 360 today as not in RBI’s shortlist of 10 to be granted mini bank licenses

SKS Microfinance lost 20% in early morning trade on NSE dropping to lower circuit at Rs 360 before recovering to Rs 390.Previous Closing was Rs 450 This  defining fall was the consequence of not having made it to the RBI List of 10 lending entities shortlisted from 72 applicants to become mini banks for advancing …

SKS Microfinance drops 20% to Rs 360 today as not in RBI’s shortlist of 10 to be granted mini bank licenses Read More »

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