A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
On this Super Tuesday in USA ( We’re into Wednesday here in India), Barack Obama has won the US Presidential Election quite comfortably…the electoral votes were 338 in his favour and 156 for Opponent,Mcgain with results of Four states yet to come in at 11.30 am Indian Time…270 Votes were required for a majority There …
It is chiefly for Virendra Kapoor’s ‘Inside Story’ column that I read Mumbai’s revived afternoon paper ” Afternoon Despatch & Courier” His Column in yesterday’s edition (sorry no weblink is available) is titled ‘A conspiracy of silence’ This is a shocking gist of what he highlights of the recent Telecom Policy to sell additional spectrum, …
Just wondering ! Is it unpatriotic to seek Equity Capital Infusion from Ruler and Sovereign Funds of Abu Dhabi and Qatar and refuse help from your Own Government ? Britain’s second biggest bank,Barclays is doing just this…It has turned down the UK Government for Funds Injection but is now set to dilute shareholding where Gulf Investors will …
This week began with the Sensex recording an intra-day low of 7697 on Monday and it has closed up 27% from this low to illuminate this Diwali week by a bounce back of 2091 points October 2008 itself has been a very scary month…The Month began on October 1,2008 with the Sensex closing at it’s highest for the month…13056…It’s …
It’s certainly going to be a Hapless Diwali….Yet hang in there….Keep the Faith….Pray the next Samvat Year 2065 brings back the Smiles and Cheers for all of us A Diwali Gift given to a Broker was passed on by him to his CA…who switched visiting cards and passed it on to another…and within two days …
Last night,I caught up with the Chairman of one of India’s leading Diamond Companies….and he is worried about the further fate of the US $ inside a year from now ! The Diamond Industry is an export oriented and value added one…..Roughs are imported…polished and exported….The Imports were left unhedged but exports were hedged as Dollar …
Diamond Industry Devastated by Short Term US Dollar Rise Read More »