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

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Jai Ho ! Tata….Rs One Lakh People’s Car…. NANO Car Booking Announced

Jai Ho ! Tatas ! The eagerly awaited booking for the Tata NANO Car…the Rs One Lakh Car…The People’s car…has just been announced this late afternoon…..Booking opens on April 9,2009 and will close on April 25,2009 You can access their website for more details Ratan Tata appeared greatly relieved at the Press Conference….gave several light hearted comments…on …

Jai Ho ! Tata….Rs One Lakh People’s Car…. NANO Car Booking Announced Read More »

Ongoing Akruti Squeeze Fiasco reflects all that’s wrong in our Stock Markets !

The Folly of allowing a Real Estate Company like Akruti trade in the F & O Segment despite a low floating stock of under 2% is now being realised….The Share Price has crossed Rs 2200 !….Nothing to do with Fundamentals though !  I have covered Akruti in earlier Blogs on August 27,2008 and November 8,2008 …

Ongoing Akruti Squeeze Fiasco reflects all that’s wrong in our Stock Markets ! Read More »

A Yellow Broking House Screams Yellow on using P/E and P/BV Valuation Metrics to make Macro Valuation Calls !..Absurd and Rubbish they say ! Not really, we say !

There’s this Yellow Coloured Broking House,that’s been screaming Yellow ! for some time Now…Last Week they used Slumdog Millionaire Analogy and Two days ago they have slammed Valuation Metrics of P/E and P/BV to value our Stock Markets !…This House continues to court controversies and it’s head SS continues to confront SEBI !…. Atleast I …

A Yellow Broking House Screams Yellow on using P/E and P/BV Valuation Metrics to make Macro Valuation Calls !..Absurd and Rubbish they say ! Not really, we say ! Read More »

Inflation at Record Low of just 0.44%….Good or Bad !?

The Common Man should be happy that Inflation is just announced at a record low of just 0.44%….but he’s not !….Where have consumer retail prices come down really ?…Food Costs are yet high It’s the base effect working…We’re coming from High Inflation rates of over 10%  in the second half of 2008 when Oil had rushed to …

Inflation at Record Low of just 0.44%….Good or Bad !? Read More »

Hemendra Kothari to sell his remaining 10% of DSPML to Bank of America…revived sour memories of DSPML

Saw Hemendra Kothari come on NDTV Profit today and confirm that he has sold the remaining 10% he held in DSPML to Bank of America….Some Years ago he had sold 40% to ML for US $ 500 Million…he refused to disclose at what price he sold this 10%,saying it’s an unlisted company….says he’s now 62 and …

Hemendra Kothari to sell his remaining 10% of DSPML to Bank of America…revived sour memories of DSPML Read More »

America continues it’s Absurdity…AIG declares an Employee Bonus of US $ 165 Million !

Check this out on http://www.slate.com/id/2213936/ Yet being Bailed Out  AIG, has got  US President Obama boiling ,yet helpless…..It has received Billions in Bailouts to keep afloat…and yet has just declared Employee Bonus of US $ 165 Million…says it is a contractual obligation ! And guess what !…they think they need to give it ,otherwise this will disgruntle employees …

America continues it’s Absurdity…AIG declares an Employee Bonus of US $ 165 Million ! Read More »

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