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A Lion’s eye on the Bulls and Bears

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

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Corporate Governance

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 »

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 »

What A Shame!~LIC bails out Government with US $ 1.2 b in IOC Disinvestment

Just a few days ago I had blogged that the IOC Disnvestment on Monday will be just a formality….But Monday’s Global Stocks Chinese Contagion Capitulation saw a very very poor response to the IOC  Disinvestment It’s a real shame that the Government yet again  had to direct/order LIC to bail it out yet again…it would …

What A Shame!~LIC bails out Government with US $ 1.2 b in IOC Disinvestment Read More »

PEBS IPO at Rs 178 only to facilitate a super profitable exit to Zephyr Peacock!?

PEBS IPO at Rs 178 (FV Rs 10) only to facilitate super profitable exit to Zephyr Peacock!? No Grudge against the Private Equity Investor Zephyr Peacock but if  you’re thinking of applying in the PEBs IPO that opens on August 25 you should be aware of this….. Shareholding of Private Equity Player Zephyr Peacock in …

PEBS IPO at Rs 178 only to facilitate a super profitable exit to Zephyr Peacock!? Read More »

MMTC @ Rs 44~92000+ Shareholders sob on 98% Wealth Erosion!

The Tag line for Government Owned and run and listed  MMTC is weepingly (sure this is a legit word!) ironic at “Touching Lives.Adding Value” Wow !…considering a 98% Shareholder Wealth Erosion inside years !  MMTC could well be My ! My ! Take Care! ….Shareholders may well say “What’s Left to Take Care !”  MMTC quotes currently …

MMTC @ Rs 44~92000+ Shareholders sob on 98% Wealth Erosion! Read More »

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