A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
The Minutes of the Crucial December 16,2008 Meeting of the Board of Directors of Satyam to discuss and approve the Maytas acqusition proposal are now in public domain Phew ! I read the Twelve pages of the Minutes and can only say this ! NONE IN THE BOARD WAS ABOVE BOARD ! The way the Meeting Progressed …
I confess,I did not anticipate this bombshell confession of Satyam Promoter,Ramalinga Raju on January 7,2009 which saw the Satyam price Collapsing from Rs 175 to Rs 40 on the same day However,after Ramalinga Raju,had announced on December 16,2008,the now infamous Satyam’s Proposal to take over Maytas Companies,I had blogged on December 17,2008 to SELL SATYAM …
Hey ! Times of India’s Mumbai Edition has this Headline Today Did Raju tip off big lenders ? Thanks TOI….you reach out to Millions…..I raised this Issue too on my blog on Thursday,January 8,2009…Check it out Below https://www.gauravblog.com/?p=426 NOW TWO MORE SERIOUS QUESTIONS EMERGE IN THIS SORDID SATYAM SAGA UNFOLDING! Now Two More Serious questions need …
Now Two More Serious questions need to be answered in this continuing Satyam Saga ! QUESTION NO 1 DID RAMALINGA RAJU INTIMATE LENDERS TO SELL HIS PLEDGED SHARES BEFORE RELEASING HIS CONFESSION LETTER TO REALISE A BETTER PRICE TO CLEAR MORE OF THE LOAN ? This is very much posssible as the Promoters Holdings was …
NOW TWO MORE SERIOUS QUESTIONS EMERGE IN THIS SORDID SATYAM SAGA UNFOLDING! Read More »