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Ramalinga Raju

Ernst & Young did Maytas Properties Valuation of Rs 6523 crs in just one Day !?

3 Comments / Chuckle !, Controversies, Corporate Governance, Insider Trading, Interesting News Sightings, INVESTOR MISTAKES, Real Estate, Reflections, Satyam : The Sordid Asatyam Saga, STOCKS, VALUATION / By

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 »

What a call !… Should you be Buying or Selling Larsen and Satyam !?

Leave a Comment / Controversies, Corporate Governance, Information Technology, Infrastructure, Insider Trading, Interesting News Sightings, Investing Themes, INVESTOR MISTAKES, Reflections, Satyam : The Sordid Asatyam Saga, STOCKS / By

I have been receiving serious queries from friends, relatives, acquaintances, clients and associates on Satyam and Larsen…. In light of what has happened and is happening and will happen should we Buy, Sell or Hold Shares of these two Companies !? Really Ironic and Amusing that as Larsen averages a rising Satyam to save face and …

What a call !… Should you be Buying or Selling Larsen and Satyam !? Read More »

Larsen’s CMD, Mr A M Naik tries to justify increasing stake to 12% in Satyam

4 Comments / Bulk Deals, Chuckle !, Controversies, Corporate Governance, Information Technology, Infrastructure, Insider Trading, Interesting New Words, Investing Themes, INVESTOR MISTAKES, Reflections, Satyam : The Sordid Asatyam Saga, STOCKS, VALUATION / By

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 …

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Larsen Desperate to Save Satyam !..to save itself !

1 Comment / Bulk Deals, Controversies, Corporate Governance, Information Technology, Infrastructure, Insider Trading, Interesting News Sightings, Investing Themes, INVESTOR MISTAKES, Reflections, Satyam : The Sordid Asatyam Saga, STOCKS, VALUATION / By

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 …

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Possible Nature of Phantom and Fictitious Accounting Entries in SATYAM

1 Comment / Controversies, Corporate Governance, Information Technology, Insider Trading, INVESTOR MISTAKES, Reflections, Satyam : The Sordid Asatyam Saga, STOCKS, VALUATION / By

Disgraced and jailed Promoter Chairman,Ramalinga Raju, of Satyam,confessed on January 7, 2009 that there is a huge cash hole of Rs 5040 crs in the Balance Sheet of Satyam as on September 30, 2008 and that for years he has been resorting to Inflating Revenues So what could be the Nature, Form, Impact and Effect …

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Was this how Ramalinga Raju of Satyam hoodwinked the Auditing Firm of Price Waterhouse for Years?

6 Comments / Controversies, Corporate Governance, Information Technology, Insider Trading, INVESTOR MISTAKES, Reflections, Satyam : The Sordid Asatyam Saga, STOCKS, VALUATION / By

I am truly intrigued…sure all of you too are…. as to how Ramalinga Raju of Satyam got past the auditors,Price Waterhouse (PW) So when PW disclosed a few days ago that they had appropriate evidence to support the Satyam audit,it really got me thinking It would thus seem that PW must have seen the Bank’s Fixed Deposit Receipts which supported …

Was this how Ramalinga Raju of Satyam hoodwinked the Auditing Firm of Price Waterhouse for Years? Read More »

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