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Congratulations India and ISRO for launching Chandrayaan-1….India’s first unmanned space ship to the Moon

“Our Baby is on it’s Way to the Moon “ declares an excited and jubiliant ISRO scientist Congratulations to all of India and especially the Scientist Teams of ISRO for the successful launch of Chandrayaan-1, India’s first unmanned space ship to the Moon Despite a very late night, having first attended a BSE Dinner in honour of the …

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Lok Housing now faces Rs 100 crs Income Tax Liability on undisclosed Income

Lok Housing is on lower circuit at Rs 24.35 today on the BSE on news that it is facing an Income Tax Liability of Rs 100 crs on Income that was not disclosed On July 7,2008,I had blogged on Lok Housing crashing from Rs 400 to Rs 44 inside six months querying as below  “What’s …

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Mutual Funds….A Mutually Worried Lot

Equity markets Collapsing has taken it’s toll on Mutual Funds too in many ways Redemption Pressures are High forcing Equity Sales and Increased Borrowing at higher rates No Takers and Markets for New Schemes NAVs under relentless pressure on relentless selling Access to Financing restricted as risks of counterparty exposure limits being breached and overleverage play …

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US $ 1456 Billion stashed away in Swiss banks by Indians !…and our Government does not want to know who they are !

Of course we always knew this….that many Indians have been stashing away black monies in Swiss banks for decades…but when one hear’s the Quantum from the Horse’s Mouth itself it has to invoke anger Just read today’s Express Buzz coverage of  the Swiss Banking Association Report of 2006 that reveals that India topped the List of Countries with it’s citizens having deposits  …

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When the Indian & Chinese Media came Calling …….Pivot Sensex indicated at 9000

Just yesterday,the Senior Editor of one on India’s most respected Investment and Finance magazine called me yet again….” Is this 1000 point rise in the Sensex on Monday and Tuesday fake or is it for Real ? : he inquired In June 2008,the Country Bureau Chief of China’s biggest National News Agency came to vist…he had …

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