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

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ADA Group Companies under ED Scanner for misuse of ECB/FCCB Funds: So What’s New ?

RNRL and Reliance Infrastructure,both Anil Ambani Group Companies have reacted sharply on headline news in the Economic Times that Enforcement Directorate are investigating the misuse of ECB/FCCB Funds in their UBS Bank Accounts in London. Click on the Link below to read the full story  http://epaper.timesofindia.com/Daily/skins/ET/navigator.asp?Daily=ETM&login=default  So what’s New ?….It is well known that it’s either …

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What’s Cooking ? Spotted Lady Head of a rival Insurance major hobnobbing with the Vice Chairman of an ADAG Group Company !

What’s Cooking ? Was hosting a top Citibanker ( on his way out), last night at a Club in South Mumbai and greeted the Vice chairman of an ADAG Company at the reception….later in the Night he was one of the citizen panelists on a TV Debate on a leading News Channel on the Recent Terrorism Strike in …

What’s Cooking ? Spotted Lady Head of a rival Insurance major hobnobbing with the Vice Chairman of an ADAG Group Company ! Read More »

Did Value Investor and Living Investment Legend, Warren Buffett, invest US $ 5 Billion in Goldman Sachs in September 2008 for reasons other than Value !?

On September 23,2008,Warren Buffett’s (WB) Investment Behemoth,Berkshire Hathaway (BH) announced it would invest US $ 5 Billion in preferred stock of Goldman Sachs and would receive 10% annual dividend.It would also be alloted warrants that would give it an option to invest a further US $ 5 Billion in Common Stock at a strike Price …

Did Value Investor and Living Investment Legend, Warren Buffett, invest US $ 5 Billion in Goldman Sachs in September 2008 for reasons other than Value !? Read More »

Bhilwara Spinners under Hostile Bid by Ashok Kumar Parmar…Parmar ? Aha ! Suzlon !

Ashok Kumar Parmar has surfaced yet again to make an unsolicited hostile Bid for Bhilwara Spinners.He is making the Mandatory Public Offer to acquire atleast 20% of the Equity of the  Company at Rs 15,having already accumulated 15% of the equity stake…Bhilwara is locked up by 5% on Upper Circuit at Rs 11.99 today on the BSE  …

Bhilwara Spinners under Hostile Bid by Ashok Kumar Parmar…Parmar ? Aha ! Suzlon ! Read More »

It’s no wonder they make Movies like ‘Rang de Basanti’ and ‘Shahenshah’!

To be honest,I did not initially connect with the ending of ‘Rang de Basanti’,where the young Indian Youth with a moral and social conscience kill the Defence Minister, and one of them ,even his own father, as they were shamelessly involved in scams and corruption on a gigantic scale with little or no remorse that …

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Ctrl.Alt.Del….We need to Re-Boot

This Sunday, like every Sunday in recent times, was reflecting at what’s happening to the World and How would My Family and I be impacted….. and like all Sundays was convinced to go Back to the Basics and fundamentally re-boot our lives The Sunday Editions of Newspapers were packed with some incisive articles… Three worthy of special mention …

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