A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
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 …
The battered auditors of Satyam,Price Waterhouse,have just issued a letter dated January 13,2009 addressed to their Client,Satyam Computer Services Ltd and marked for the attention of the three New Directors in the New Board and the Company Secretary….This Letter is also been cced to SEBI,RBI,BSE,NSE,New York Stock Exchange,ROC,Hyderabad and the Central Board of Direct Taxes The …
Auditors Price Waterhouse….You are sealing your own Fate in this Satyam fraud! Read More »
Instead of greeting me this morning with “Happy Makar Sankrant, Darling”, my wife got me thinking and argueing with her Greeting ” You’re a Slumdog ! Now, when will you become a Millionaire ! ?” India Infoline must have been inspired by Women when it tagged it’s line “It’s all about Money, Honey !” I cite to …
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 …
Raju Raju sat on the wall Raju Raju had a great fall Balance sheet died Shareholders cried Raju Raju made a fraud Raju Raju Yes baba Cheating us No baba Telling Lies No baba Open the balance sheet HA HA HA (Thanks VGP)
Larsen was probably ill advised to buy a 4% Stake in Satyam at undisclosed price…Definitely over Rs 100 asY.M. Deosthalee told Dow Jones Newswires by telephone that the company acquired the stake over ten days ending Tuesday through its L&T Capital arm. This would mean L & T Capital,through whom Larsen bought the Stake,paid Prices of …