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

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What do Anand Mahindra and his stalwarts say about the Satyam Bid ?

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 »

Look at the Satyam bids !…helps you gauge the risk Tech Mahindra may have taken !

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 »

winning bid for Satyam is Rs 58/share…Many Questions yet stand

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 »

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 »

Reliance announces RPL Amalgamation into RIL Ratio at 16:1…What should RPL and RIL Shareholders do?

On Friday,after Markets closing,RPL and RIL announced that their Boards would meet this morning to consider and recommend the Amalgamation of RPL into RIL I had blogged that the ratio could be 20:1 and the Amalgamation would add incremental EPS to RIL and help RIL Share Price to be maintained or enhanced The Amalgamation Ratio …

Reliance announces RPL Amalgamation into RIL Ratio at 16:1…What should RPL and RIL Shareholders do? Read More »

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