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

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President of the USA,Obama declares after taking Oath of Office ” We are Ready to lead once more !”

                            With over 2 million people assembled on National Mall in Washington to witness in person the Swearing in of Barack Obama as the 44th President of USA and with a record 1.3 billion people,over 20% of the World’s population, watching it Live in over 240 countries round the world,Obama declared : ” WE ARE …

President of the USA,Obama declares after taking Oath of Office ” We are Ready to lead once more !” 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 !!!

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 »

Some Investing wisdom for 2009

Just a few Investing Pointers Investing Impulsively is Injurious to Health While focusing on Wealth Creation do not neglect Wealth Preservation…Don’t be in any Hurry yet to invest fresh Capital in Equity Before you get carried away by advice from Indian and Overseas Investment Experts who you see again and again on Media Channels or …

Some Investing wisdom for 2009 Read More »

An American predicts a Chilling Forecast for America !

Reproducing Verbatim an interesting email received by me today….Gerald Celente predicts a very Bleak America soon…It’s scary   The man who predicted the 1987 stock market crash and the fall of the Soviet Union is now forecasting a revolution in America, food riots and tax rebellions – all within four years, while cautioning that putting …

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DLF to Borrow Rs 4000 crs to Rs 5000 crs at 30 % to 35 % interest pa from Malvinder Singh of Ranbaxy !?

NDTV Profit is reporting today unconfirmed developments that the Real Esate King DLF is to borrow Rs 4000 crs to Rs 5000 crs from Cash Rich Dollar Billionaire,Malvinder Singh who sold his Ranbaxy stake for Billions of Dollars to Dai-ichi of Japan recently The alarming note is not the quantum of Borrowing but the reported Interest Rate …

DLF to Borrow Rs 4000 crs to Rs 5000 crs at 30 % to 35 % interest pa from Malvinder Singh of Ranbaxy !? Read More »

Russia continues to devalue the Rouble,deplete Fx Reserves to support it…a consequence of falling Oil Prices

An interesting news article in today’s Financial Express caught my eye….Russia’s Central bank devalued the Rouble for the second time in a week   As 2008 began,Russia was flexing it’s economic muscle  and being touted as the next big super earner from surging Oil Prices to US $ 145/barrel…It had already began licking it’s lips in …

Russia continues to devalue the Rouble,deplete Fx Reserves to support it…a consequence of falling Oil Prices Read More »

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