A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
I for one,was not surprised to hear the shocking views on revising the ‘ Open Offer’ Pricing guidelines of JR Varma…He is an ex-SEBI Member and had also headed their Corporate Governance Committee…..He is clearly building up the ground for the Government to direct SEBI to do exactly just this to facilitate Larsen Mr Varma,was quite …
Knowing how Ashish Dhawan, of Chrys Capital,cornered Suzlon shares (even became it’s Director !), with Ajay Relan of Citicorp as an ally and later sold off some part to Government of Singapore… all at a dirt cheap placement price and all done before the Suzlon IPO, I was not really surprised at what he just came and …
This is a gist of the Conference call that Larsen organised today to justify and clarify the 12% stake in Satyam L&T management clearly stated that L&T is no longer just an E&C company. It’s businesses span a range of activities in manufacturing as well as services, including heavy engineering, manufacturing, power, process engineering and …
Larsen’s CMD, Mr A M Naik tries to justify increasing stake to 12% in Satyam Read More »
On January 9,2009 I had blogged that Larsen has jumped the Gun in Investing in Satyam and has lost over 85% and over Rs 300 crs in just two days after Ramalinga Raju’s confession on January 7,2009 Check it out again.Click on https://www.gauravblog.com/?p=431 I had even suggested a possibility that Larsen had picked up the …
Larsen Desperate to Save Satyam !..to save itself ! Read More »