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

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Indo US Nuclear Deal ratified by the USA President,Bush on Gandhi Jayanti

Stark Reality this !…..The US Senate passed the Indo Nuclear Deal by a resounding 86 to 13 Vote on October 1,2008 …..Next Day was Gandhi Jayanti and the USA President,George Bush ratified the Deal….Mahatma Gandhi stood for Ahimsa and Non Violence…was it just a stark coincidence or was it what James Redfield,a modern day thinker, termed as “Synchronicity” in …

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U S A…..United States of Abattoirs ! ….Strategy going forward

USA…What a slaughterhouse !…Bears & Sterns….Now Lehman,Merill Lynch,American International Group…all inside two days….with more to come !….Comical really…those who lived in Glass Houses were throwing stones at others…..Their Reports were always revising or even reversing estimates and projections and strategies advised earlier to justify every share price rise and fall !….how could you then sensibly …

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Reliance Mutual Fund raises Corporate Governance Issues in Novartis

  Hey ! Guess What ! now Reliance Mutual Fund,who hold 5% of the Equity  in Novartis have questioned the Inter-group Lending in Novartis…As at March 31,2008,Novartis Group Companies owned Rs 340 crs to Novartis…that’s 76% of the Networth of Novartis……also during 2007/8  the quantum of Intergroup Loan Transactions was as high as Rs 2457 …

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Sesa Goa goes XB/XS today and is quoting up 6% at Rs 175

Sesa Goa is quoting ex bonus and ex sub division today at Rs 175 indicating a price of Rs 3500…up 6% from yesterday’s closing of @ Rs 3300…It’s in No Delivery Period as Record Date is August 18,2008 for the bonus and Sub Division….Volume is strong at over 38 lakh shares on the BSE just …

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Gremach & Austral taking Investors for a ride says Gujarat NRE Coke

Is the Pot Calling the Kettle Black !? Giridharilal Jagatramka of Gujarat NRE Coke has accused Son In Law, Ratan Lal Tamakhuwala of Gremach and Austral (Currenly IPO is Open) of misstatements in the Prospectus of Austral and misusing the Name of Gujarat NRE to promote the IPO of Austral….Main accusations are that the Capacity of …

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