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

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Essar Oil sets Rs 146.05 as Floor Price for delisting ~ Critical Questions remain

Essar Oil sets Rs 146.05 as Floor Price for delisting ~ Current Market Price is @ Rs 210 ~ What will be the discovered price ? Some Critical Questions yet in the air Six Years ago,LIC had picked up Rs 300 crs+ of Essar Oil in January 2010 at Rs 140 a share ~ Will they …

Essar Oil sets Rs 146.05 as Floor Price for delisting ~ Critical Questions remain Read More »

SEBI keeps convicting Arun Jain of Polaris of Insider trading but what is the use !

SEBI keeps convicting Arun Jain of Polaris of Insider trading but what is the use ! For a 2000 Insider Trading Matter,SEBI had passed an October 9,2012 Order barring Arun Jain from Capital markets for Two years only to see SAT set aside this order on December 23,2013 Now on November 24,2015 SEBI has again …

SEBI keeps convicting Arun Jain of Polaris of Insider trading but what is the use ! Read More »

EROS reads SORE Backwards ! ~ On Lower Circuit at Rs 213 ~ S’o’rely facing Class Action Sore time !

EROS reads SORE Backwards ! ~  On Lower Circuit at Rs 213 ~ S’o’rely facing Class Action Sore time ! EROS Media is listed on NSE & BSE where it’s reeling at 10% lower circuits of Rs 213.75 & 213.85 respectively The FY 15 Annual Report Boasts of  ‘The Big Picture’ of Producing Hit after …

EROS reads SORE Backwards ! ~ On Lower Circuit at Rs 213 ~ S’o’rely facing Class Action Sore time ! Read More »

Essar Oil surges to Rs 200+ on SEBI Order for Delisting~5 Questions for SEBI!

Essar Oil surges to Rs 200+ on SEBI Order for Delisting ~ 5 Questions for SEBI ! Essar Oil again seems to be getting away ! SEBI should have shown some muscle and teeth and independence in ordering  either :  Compulsory Delisting of Essar Oil for the all the continuing  Corporate Governance Issues it keeps …

Essar Oil surges to Rs 200+ on SEBI Order for Delisting~5 Questions for SEBI! Read More »

Wow! A Full House NSE Training Fundamental Workshop !

Wow! A Full House NSE Training Fundamental Workshop yesterday ! Seems to get bigger & better every time ! Did the first one on August 8,2015 and had blogged on it  as linked below Interesting Interaction at the NSE Equity Fundamental Training Workshop Sunday, August 16th, 2015 Did this one too on “Interpretation of Financial …

Wow! A Full House NSE Training Fundamental Workshop ! Read More »

What A Shame!~LIC bails out Government with US $ 1.2 b in IOC Disinvestment

Just a few days ago I had blogged that the IOC Disnvestment on Monday will be just a formality….But Monday’s Global Stocks Chinese Contagion Capitulation saw a very very poor response to the IOC  Disinvestment It’s a real shame that the Government yet again  had to direct/order LIC to bail it out yet again…it would …

What A Shame!~LIC bails out Government with US $ 1.2 b in IOC Disinvestment Read More »

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