A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Mahindra Holidays and Resorts India Ltd (MHRIL) was listed on NSE today….It was issued at Rs 300 and the Issue was comfortably oversubscribed A freak trade saw a High of Rs 374.50 and a low was registered of Rs 311.35…but it closed at Rs 313,towards the Day’s Low 12.74 Million shares were traded and the …
Pranab’s Union Budget has shorted the Market ! Ironically It’s Reliance Group Founder’s Dhirubhai Ambani’s Death Anniversary today… Arguably the Father of Indian Equity… He was the King in Capital Formation through Equity….. we probably need him to resurrect… to resurrect our Markets !… he build his flagship on scaling up a Domestic Consumption Story… …
I thought I would have to repeat Benjamin Franklin’s Quote “Well Done is better then Well Said “… I had quoted this for Mamta Banerjee’s Railway Budget a few days ago But Pranab Mukherjee’s Union Budget Speech was not even Well Said ! No Clarity or Roadmap on Disinvestment, Deficit Control and Deregulation… Clearly a …
First Reaction to Pranab Mukherjee’s Union Budget….He could have spelled it out better ! Read More »
Would you believe this ! A 37 year old Chinese businessman,Zhao Danyang paid a record US $ 2.1 Million to win an eBay charity auction last year to lunch with legendary Investor,Warren E Buffett at a steakhouse in New York City Just a day before the lunch on June 24,2009,Zhao Danyang played the Media by telling them …
How to Misuse Warren Buffett !…learn from the Chinese ! Read More »
It’s Uncanny really ! Two super Powers,USSR and USA being brought to their knees….the former suffering,both, physical and economic disintegration and the latter in the midst of it’s worst economic crisis…self inflicted,I daresay. Breaking up of USSR in 1991 Vladimir Lenin founded the Union of Soviet Socialist Republics or USSR for short in 1918.It was …
USSR broke up physically in 1991…USA is breaking up economically now Read More »
No Disrespect,but we find ourselves sandwiched on this weekend between two Bong ‘JEE’ Budgets From Friday’s Narrow and Metre Track Railway Budget by Mamta Baner’JEE’ , we move to Monday’s Broad Gauge Union Budget by Pranab Mukher’JEE’….gauge reference is in context of scale and content both. Yesterday, i.e. Friday,we had Trinamool Congress’ Mamta Banerjee,Railway Minister in this UPA …