A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Remember when the Demutualisation Process was Completed last year at the BSE,each Member broker got 10000 shares of FV Rs 1 in BSE LTD ? At Rs 5200/share many tendered a large part of their holdings to the BSE who then allocated them to the Singapore and German Stock Exchanges and other Institutions Today there …
After supporting the Congress in winning the Trust Vote on the Indo Nuclear Deal I was wondering when would Amar Singh of the Samajwadi Party launch his attack on a man he hates,Mukesh Ambani…he bluntly disclosed this in a TV Interview a few months ago Well,he’s started doing so….he and his party have moved SEBI to …
Mukesh Ambani coterie accused by Samajwadi Party for Insider Trading in RPL and Jai Corp Read More »
Hey ! what do you know ! The British Broadcasting Watchdog has fined BBC for ‘faking’ competition winners…It seems in 2005/6 many radio shows on BBC ran live competitions inviting listeners to participate by calling in…However the winner was predecided and there was no chance of anycaller winning at all…many of the staff were positioned …
BBC Fined Stg Pounds 400000 for ‘faking’ Competition Winners !…It happens in India too! Read More »
RNRL surged over 11% today from a close of below Rs 90 yesterday to close at above Rs 100 today……It was Rs 74 a week ago just before the Trust Vote on the Nuclear Deal in Parliament BSE Volumes today were 3.88 crore shares (Rs 375 crores) which interestingly is more than One crore shares from the …
Watch out for RNRL…From Rs 74 to Rs 101 in a week ! Read More »
Dr Y Venugopal Reddy, Governor, RBI, today presented the First Quarter Review of Annual Statement on Monetary Policy for the Year 2008-09 http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=18886 RBI has raised the repo rate by 0.5% to 9% and the Cash Reserve Ratio by 0.25% to 9% to curb Inlation This was inevitable with Inflation trying to cross 12%…. Expect …
Today’s edition of Business Standard carries in a regular column “Without Contempt” an article by Somasekhar Sundaresan….he highlights the dilemma of an Acquirer,one he discloses he has represented,…in that it on one hand it can be accused of violating the Insider Trading Regulations(In non Hostile takeovers),which prohibits communication or counselling of unpublished price-sensitive information and on …
Nirma disallowed to withdraw offer for Shree Rama Multi-tech Read More »