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

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ICICI Bank

Switch from Chanda to Shikha ! ? from ICICI Bank to Axis Bank !?

Now this is an intriguing switch to consider ! From Chanda to Shikha ? Just this morning I was conversing with an ex commercial editor of a Newspaper….we were discussing how the Media today is corrupt and deliberately mislead investors with guided opinions by experts and planted stories….in fact he was bold enough to even accuse a …

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Firstsource Solutions declares Q3 Results…Mounting FX Translation Loss evaporating Reserves

Very Cleverly,as is also not mandatory,Firstsource Solutions has avoided stating the Reserves position for the Nine Months ended December 31,2008 in both their Consolidated and the Standalone Results Firstsource Solutions has a current Equity of Rs 428 crs and had Consolidated Reserves of Rs 313 crs and Standalone Reserves of Rs 201 crs as at March …

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Firstsource Solutions from the ICICI Stable sinks below Face Value Rs 10….Why !?

Thx Anup for your response in the earlier Larsen Blog where you also requested for my view on Firstsource Solutions as it’s share price sunk to Rs 9.75,below face Value of Rs 10 for the first time ever  I hope this blog gives you some clarity on this Company It was clearly an Opportunistic IPO at …

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Educomp’s Share Price Slumps as Bears orchestrate a Mauling

Educomp appears to be a victim of Bear Market Manipulation…After Satyam,the Markets have been expecting some more companies to be exposed….So when the Daily Pioneer came out with an adverse story on Educomp and it’ Promoters,the Share price simply collapsed to a low of Rs 1375 yesterday from above Rs 2100 on January 19,2009…Check out this story …

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ICICI Bank Jt MD ,Ms Chanda Kochhar comes on CNBC to reassure

ICICI Bank’s Jt MD and CFO,Ms Chanda Kochhar just appeared on CNBC in a call in converstaion with the Anchors…Clearly through all her calmness and reassurances there was an underlying and urgent  plea to Depositors and Shareholders and Investors not to Panic and fall prey to the rampant rumour mongering going on With the Share Price …

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