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

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Should we give up on Reliance Power at Rs 177…and therefore RNRL too at Rs 45 ?

Should we give up on Reliance Power at Rs 177 and therefore even RNRL at Rs 45 ? Heart is soft and tells me to be hopeful and have faith and be patient…and hold Head is hard and tells me that the markets are being too kind to both…rationally and logically you should sell…markets are …

Should we give up on Reliance Power at Rs 177…and therefore RNRL too at Rs 45 ? Read More »

2.34 out !…4.20 in ! as Supreme Court rules in favour of RIL and Mukesh Ambani and not RNRL and Brother Anil Ambani…Feel Sad for Anil..so does RNRL now stand for ‘Rahe Na Rahe Ltd’!…I don’t think so

I’ve no bias… but feel sad for Anil Ambani…. I’m with him on this one….. Supreme Court gave a split verdict today in the RIL v/s RNRL Gas Pricing embroglio in favour of RIL So now 2.34 is out and 4.20 is in !… One perspective is that RIL and the Government have done a 4.20 …

2.34 out !…4.20 in ! as Supreme Court rules in favour of RIL and Mukesh Ambani and not RNRL and Brother Anil Ambani…Feel Sad for Anil..so does RNRL now stand for ‘Rahe Na Rahe Ltd’!…I don’t think so Read More »

A subdued looking Anil Ambani addresses ‘Share Owners’ at the Reliance Capital AGM this morning

Just saw Live Coverage on TV of  Anil Ambani addressing his ‘Share Owners’ at the Reliance Capital AGM this morning Imagine a serious looking Gentleman presenting some very good looking Group and Company and Business Potential Statistics in a dull,monotone…that’s what I felt Anil Ambani was doing this morning Dressed in a Black Suit and even …

A subdued looking Anil Ambani addresses ‘Share Owners’ at the Reliance Capital AGM this morning Read More »

Supreme Court : RIL v/s RNRL is Ram Jethmalani v/s Harish Salve

There were 48 TV Crews at the Supreme Court this morning…..The Cameras were positioned to broadcast live sound bytes from the lawyers of RIL and RNRL First we had a trifle agitated, Ram Jethmalani,who represented RNRL, emerging and a hectic rush to have  Mikes thrust onto him for his comments This is what Jethmalani said,rather accused  ” The Supreme Court …

Supreme Court : RIL v/s RNRL is Ram Jethmalani v/s Harish Salve Read More »

ADA Group Companies under ED Scanner for misuse of ECB/FCCB Funds: So What’s New ?

RNRL and Reliance Infrastructure,both Anil Ambani Group Companies have reacted sharply on headline news in the Economic Times that Enforcement Directorate are investigating the misuse of ECB/FCCB Funds in their UBS Bank Accounts in London. Click on the Link below to read the full story  http://epaper.timesofindia.com/Daily/skins/ET/navigator.asp?Daily=ETM&login=default  So what’s New ?….It is well known that it’s either …

ADA Group Companies under ED Scanner for misuse of ECB/FCCB Funds: So What’s New ? Read More »

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