A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Akruti City is probably the most relatively expensive real estate company in India. At Current Share Price of Rs 840 and an Equity of Rs 66.70 crs (Face Value of Rs 10) the Market Capitalisation is Rs 5600 crores. At March 31, 2008 the Networth was just under Rs 800 crores and Debt was Rs …
Check my header on the Home Page ! The Title of this Blog is also on it . This Morning was reading the Lifestyle supplement of a Morning Newspaper, which keeps on proclaiming they will never compromise on the Truth…..Came across a Page 3 ” Industrialist” describing how beautiful his Family Holiday in a Greek Island …
In India,Companies may fall Sick but Promoters rarely do ! Read More »
Glanced at an article in today’s Economic Times where the Macquarie Group has disclosed that it had invested US $ 200 million in Indian operations.It is Increasing Headcount and is already in the top five Institutional Brokerage Houses in India Could not help wondering if such Investments could be viewed as Monies being reinvested from part of …
Macquarie Securities Group: Part FII Gains now as FDI !? Read More »
Hey ! Guess What ! now Reliance Mutual Fund,who hold 5% of the Equity in Novartis have questioned the Inter-group Lending in Novartis…As at March 31,2008,Novartis Group Companies owned Rs 340 crs to Novartis…that’s 76% of the Networth of Novartis……also during 2007/8 the quantum of Intergroup Loan Transactions was as high as Rs 2457 …
Reliance Mutual Fund raises Corporate Governance Issues in Novartis Read More »
Is the Pot Calling the Kettle Black !? Giridharilal Jagatramka of Gujarat NRE Coke has accused Son In Law, Ratan Lal Tamakhuwala of Gremach and Austral (Currenly IPO is Open) of misstatements in the Prospectus of Austral and misusing the Name of Gujarat NRE to promote the IPO of Austral….Main accusations are that the Capacity of …
Gremach & Austral taking Investors for a ride says Gujarat NRE Coke Read More »
Today’s Front Page of Business Standard carries detailed proof of how Several Companies connected to the Ambanis of Reliance Industries short sold 105.8 million shares of RPL in the Derivatives Segment with inside knowlege that RIL was to offload 4.01% stake in RPL and the price of RPL would crash…..Check it Out at http://www.business-standard.com/india/storypage.php?autono=330603 WINDFALLGAINS’ Entity …
Proof Of Insider Trading in RPL…Yet Blind Eye Turned by SEBI Read More »