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

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What’s Cooking ? Spotted Lady Head of a rival Insurance major hobnobbing with the Vice Chairman of an ADAG Group Company !

What’s Cooking ? Was hosting a top Citibanker ( on his way out), last night at a Club in South Mumbai and greeted the Vice chairman of an ADAG Company at the reception….later in the Night he was one of the citizen panelists on a TV Debate on a leading News Channel on the Recent Terrorism Strike in …

What’s Cooking ? Spotted Lady Head of a rival Insurance major hobnobbing with the Vice Chairman of an ADAG Group Company ! Read More »

Dow should Dive below 8000 today as Auto Bail-Out Plan fails to pass Senate

Bankruptcy is not an Option for General Motors….but there seems no other Option…..last Night the Senate  failed to clear the Bail-out plan for Emergency Aid of  US $ 14 billion to the three Auto Majors in USA….General Motors,Chrysler and Ford Dow closed at 8565 yesterday and is likely to dive below 8000 today….General Motors closed at US …

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A Leading Broking House wisely closes it’s Portfolio Management Service after Clients Portfolios erode

A leading Broking House has just wound up it’s Portfolio Management Schemes This Broking House is promoted by the promoters of a leading Indian Pharmaceutical Company who recently sold off their Stake in the Pharma co to an Asian Pharma Giant Client Portfolios had eroded sharply from the beginning of this Year.In One Portfolio an Investment of …

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‘citi never sleeps’…well ! Citigroup should !

Their Ad Tag line says it all ‘ citi never sleeps’…. Well ! Citigroup should !… so that others too can ! Citigroup is facing serious survival issues It’s share price has dipped below US $ 4, closing on Friday at US $ 3.77, from over US $ 30 just a year ago when Vikram Pandit, of Indian …

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Akruti’s P R on a continuous Overkill Drive to Influence Buy Reports from Analysts

On August 27,2008 I had posted a blog on Akruti warning of High Incremental  Debts at reportedly high Interest rates…the Price then was Rs 840 and the Market Cap was Rs 5600 crs against a networth of under Rs 800 crs and Debt of Rs 626 crs as on March 31,2008…Debt that had since climbed close to …

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Scary October 2008…Sensex Oct 1:13056….Oct 27: Down 41% to an intra-day low of 7697….Oct 31: Bounce back 27% to close at 9788 in just three trading days…..so is the worst over ?

This week began with the Sensex recording an intra-day low of 7697 on Monday and it has closed up 27% from this low  to illuminate this Diwali week by a bounce back of 2091 points October 2008 itself has been a very scary month…The Month began on October 1,2008 with the Sensex closing at it’s highest for the month…13056…It’s …

Scary October 2008…Sensex Oct 1:13056….Oct 27: Down 41% to an intra-day low of 7697….Oct 31: Bounce back 27% to close at 9788 in just three trading days…..so is the worst over ? Read More »

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