A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Ambanis of Reliance have adopted this modus operandi without fail the past 25 years…They create new companies for similar business…and when they commence production,they amalgamate them into the Parent, RIL…in a sense give birth to Children and bring them back into the Parent fold So I was not surprised at all when the Breaking News hit that …
As of December 2008,the Central Electricity Authority (CEA) reports that India’s Power Generation Capacity is 147402.81 MW,up 8651 MW from 2007…India continues to reman a power deficit country…Current Deficit is 20000 MW NTPC,a leading PSU, is the biggest generator with 28333.99 MW from the Eleven Central Sector PSUs…It may be recalled that Reliance Power,in the Private …
India’s Power Generation capacity is 147403 MW…Deficit is 20000 MW Read More »
Just read a very interesting update on Maytas Properties in todays’ edition of Financial Express Maytas Properties is facing the prospects of the Government taking it over the Board,just as they did for Satyam The matter was being heard by the Company Law Board (CLB) and the company’s counsel suggested that the Government could appoint an observer …
Ernst & Young did Maytas Properties Valuation of Rs 6523 crs in just one Day !? Read More »
Bill Gross,the legendary Bond Investor labelled Collaterised Debt Obligations or CDOs as Bank’s ‘Egregious Concoctions’ ‘Egregious’ is an adjective that means ‘Outstandingly Bad’ The CDOs and the Credit Default Swaps or CDSs are the Devils that are will devastatingly demonize the Financial World in 2009…Outstandings at over US $ 650 Trillion….yes Trillion !….are over Ten …
The signs of Dubai losing it’s lustre are ominous……The Real Estate Boom that had lured even many celebrities from Hollywood and Bollywood is faltering ! DNA has carried a story of ‘Ditching Dubai’ on Page 13 of today’s edition…some interesting extracts Dubai has 3.62 milion expatriates and just 864000 locals 60% ! fall in Property Values predicted with even 50% …
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 »