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

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Larsen Jumps the Gun in Buying 4% into Satyam and sees Big Erosion of over 85% and over Rs 300 Crs inside just Two Days !…they must file an FIR against Satyam and it’s Chairman,Ramalinga Raju

3 Comments / Bulk Deals, Controversies, Corporate Governance, Information Technology, Infrastructure, Insider Trading, Interesting News Sightings, Investing Themes, INVESTOR MISTAKES, Reflections, Satyam : The Sordid Asatyam Saga, STOCKS, VALUATION / By

Larsen was probably ill advised to buy a 4% Stake in Satyam at undisclosed price…Definitely over Rs 100 asY.M. Deosthalee told Dow Jones Newswires by telephone that the company acquired the stake over ten days ending Tuesday through its L&T Capital arm. This would mean L & T Capital,through whom Larsen bought the Stake,paid Prices of …

Larsen Jumps the Gun in Buying 4% into Satyam and sees Big Erosion of over 85% and over Rs 300 Crs inside just Two Days !…they must file an FIR against Satyam and it’s Chairman,Ramalinga Raju Read More »

Punj Loyd sees Cash Outlow of Rs 250 crs in it’s UK Subsidiary as Client SABIC encashes Bonds

Leave a Comment / Controversies, Infrastructure, Interesting News Sightings, INVESTOR MISTAKES, Reflections, STOCKS, VALUATION / By

    Punj Loyd is facing a serious Problem in it’s wholly owned subsidiary in United Kingdom It has seen a  Cash Outflow of Sterling Pounds 28.5 Million which translates to @ Rs 250 crs on encashment of Bonds by SABIC…The Subsidiary,Simon Carves Ltd has filed a Case against SABIC In a Growing Global Recession…UK has already admitted …

Punj Loyd sees Cash Outlow of Rs 250 crs in it’s UK Subsidiary as Client SABIC encashes Bonds Read More »

Some Investing wisdom for 2009

1 Comment / Broker Index Forecasts, Controversies, Derivatives Strategies, Economy, Foreign Institutional Investors, Infrastructure, Investing Themes, INVESTOR MISTAKES, Real Estate, Reflections, Satyam : The Sordid Asatyam Saga, Sensex, STOCKS, VALUATION / By

Just a few Investing Pointers Investing Impulsively is Injurious to Health While focusing on Wealth Creation do not neglect Wealth Preservation…Don’t be in any Hurry yet to invest fresh Capital in Equity Before you get carried away by advice from Indian and Overseas Investment Experts who you see again and again on Media Channels or …

Some Investing wisdom for 2009 Read More »

Satyam joins a growing Dubious List of Self Serving Promoters that include Lok Housing,Sterlite and Jaiprakash

1 Comment / Controversies, Corporate Governance, Information Technology, Infrastructure, Insider Trading, Interesting News Sightings, INVESTOR MISTAKES, Reflections, Satyam : The Sordid Asatyam Saga, STOCKS / By

My Blog has this Tag Line on the Home page ” In India,Companies may fall Sick,but Promoters rarely do !” How do we get Retail Investors to come back into our Stock Markets  when we have self serving Promoters running Riot with Shareholders Funds ! Satyam joins this growing list of Companies where Promoters take …

Satyam joins a growing Dubious List of Self Serving Promoters that include Lok Housing,Sterlite and Jaiprakash Read More »

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 …

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

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 …

Satyam becomes Asatyam as Founder Ramalinga becomes Ravana ! Read More »

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