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

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November 11, 2008

Bill Gates of Microsoft sells off a liitle over 1% stake for US $ 227 Million

Bill Gates,Founder of Microsoft,sold Ten Million Shares ,a little over 1% of his holdings, for US $ 227 Million in a week spanning October 31,2008 to November 6,2008 Microsoft is quoted now at just over US $ 21.Bill Gates still hold nearly 9% of the Equity and over 780 million shares which would be valued at …

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A FII,Swiss Finance Corporation Mauritius Ltd bulk buys US $ 30 Million of Indian Stocks

Came across some interesting BSE Bulk Deals Done by one FII on  November 10,2008 Swiss Finance Corporation Mauritius Ltd,a FII registered with SEBI just a year ago on November 13,2007 has invested nearly Rs 145 crs or US $ 30 million in five Indian Listed Companies as below  Just wondering who were the counter parties who …

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A Sensex See-saw ?…or is the Sensex actually being sawed ! ?

Yesterday our Sensex surged 5.74 % by 572 points to close at 10536 and Stock Experts and Stock Media attributed this to the US $ 586 Billion package announced by China to boost Infrastucture Today it’s nearing 2.45 pm and the Sensex has already reversed out 630 points to 9906…..wonder what these Experts will attribute this to ! …

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A Chris Broad inspired Cricketing Thought for Tuesday

Methinks both our Openers,Ishant Sharma in Bowling and the Debutant,Murali Vijay in Batting should thank the Match Referee,Chris Broad for banning Gautam Gambhir for one test match for elbowing Shane Watson deliberately in the field of play With back to back Centuries,Gautam Gambhir was in prolific form and would have loved the Nagpur Track and …

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