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Joke of the Day !…..Satyam has won several awards for Corporate Governance

1 Comment / Chuckle !, Controversies, Information Technology, Infrastructure, Interesting News Sightings, INVESTOR MISTAKES, Reflections, Satyam : The Sordid Asatyam Saga, STOCKS / By

JOKE OF THE DAY Satyam has won the Golden Peacock Global Award for Excellence in Corporate Governance for 2008…..This award was given recently on September 23, 2008 Relations Global Rankings (IRGR) rated Satyam as the company with Best Corporate Governance Practices for 2006 and 2007. It also won the Golden Peacock Award for Excellence in Corporate Governance …

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Satyam becomes Asatyam as Founder Ramalinga becomes Ravana !

5 Comments / Controversies, Information Technology, Infrastructure, Insider Trading, Interesting News Sightings, INVESTOR MISTAKES, Reflections, Satyam : The Sordid Asatyam Saga, STOCKS, VALUATION / By

Holding less than 10% of Satyam’s equity,Founder Chairman,B Ramalinga Raju,got a Board Resolution passed to buy out 51 % of the Equity in his Son’s Companies Maytas (Satyam spelled backwards !) Infrastructure and a 100% Stake in Maytas Properties for a whopping aggregate of US $ 1.6 Billion or nearly Rs 8000 crs ! As if …

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IT Stocks freefalling despite the Rupee depreciating a record 25% this Year…Why ?

Leave a Comment / Economy, Information Technology, Investing Themes, Reflections, STOCKS, VALUATION / By

The BSE IT Index opened this Year in January at 4519 and today it has recorded an intra day low of 2566 In just over Nine Months this Year it has plunged by 43 % How did this happen despite the Rupee depreciating a record 25% against the Dollar this Year.The Rupee was at Rs …

IT Stocks freefalling despite the Rupee depreciating a record 25% this Year…Why ? Read More »

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