A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Infosys has just announced their audited consolidated results for Q4 FY 09 ( Jan-March 2009) and also for the full year FY 09 For easy reference,I have summarised the performance as below Audited Consolidated Results of INFOSYS TECHNOLOGIES LTD Financial Year 2008-9 ending March 31,2009 Rs in Crs FY 09 at March 31,2009 FY 08 at …
Infosys begins the earnings season with a flat guidance for FY 10 Read More »
This evening ,it was interesting to view live on Stock Channels,Anand Mahindra,Vineet Nayyar (MD of Tech Mahindra) and Bharat Doshi (CFO of the M& M Group) and make sense of their sense on being the highest bidder at Rs 58 for Satyam Anand Mahindra reiterated that their’s was yet only the Highest Bid and not the …
What do Anand Mahindra and his stalwarts say about the Satyam Bid ? Read More »
The 2 pm media meet by the Board of Directors of Satyam threw up some interesting facts about the Satyam Bidding Process Larsen & Toubro bid was Rs 45.90/share for Satyam Wilbur Ross’s bid was even lower at Rs 20/share ! The winner,Tech Mahindra, bid Rs 58 through it’s 100% subsidiary….the bid spread clearly indicates the …
Look at the Satyam bids !…helps you gauge the risk Tech Mahindra may have taken ! Read More »
The Satyam Drama continues The winning bid for takeover of Satyam is just announced…Tech Mahindra has emerged as the winning bidder with a bid of Rs 58 share through it’s subsidiary Venturbay Consultants…No other bid comes close to 90% of this bid…Thus other competitive bidders like Larsen & Toubro have bid below Rs 52.20 Tech Mahindra …
winning bid for Satyam is Rs 58/share…Many Questions yet stand Read More »
I’ve been reading R Jagannathan’s Columns in the DNA more frequently than before…As Editor of DNA,he is fearlessly and without favour coming across strongly in his Opinions…..does not hesitate to pen them while calling a spade a spade…surely a big burden to bear in these vested times ! I’ve met R jagannathan in a professional capacity before …
Will Satyam Investigations deliberately reach a Dead End !? Read More »
Very Cleverly,as is also not mandatory,Firstsource Solutions has avoided stating the Reserves position for the Nine Months ended December 31,2008 in both their Consolidated and the Standalone Results Firstsource Solutions has a current Equity of Rs 428 crs and had Consolidated Reserves of Rs 313 crs and Standalone Reserves of Rs 201 crs as at March …