GauravBlog Logo

A Lion’s eye on the Bulls and Bears

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

Gaurav's Blog


July 6, 2012

Roger Federer beats Defending Champion Novak Djokovic in 4 sets to enter a record 8th Wimbledon Final

A Happy Roger Federer after beating Novak Djokovic in the Wimbledon 2012 Semis
An Elated Roger Federer just after he knocks out Defending Champion Novak Djokovic in the Wimbledon 2012 Semis in a Superb Four Setter

My favourite  and one I was cheering and rooting for all the way and Six Times Wimbledon Champion,Roger Federer just beat Top Seed and Defending Champion ,Novak Djokovic in the Wimbledon Semis in a superb Centre Court four setter 6-3,3-6,6-4,6-3 to enter a record Eight Wimbledon Final

What a Super Match ! ~ 2 Hours and 19 Minutes in all ~Federer’s Superb Serve came to his rescue at crucial times in the match and when he won the crucial third set it was him all the way in the Fourth

On Sunday,he plays the winner of the other Semis that has just commenced  ~ Murray vs Tsonga ~ neither of these two have ever played in a Wimbledon Final before !  ~ Murray has a 5-1 Head to Head Match Record against Tonga with a 2-0 record on Grass ~  and this Brit is playing in his fourth Wimbledon Semis ~ if he enters the Finals the Price for Tickets for his match vs Federer on Sunday will simply zoom ~ Indian Tennis Ace of yesteryears and now a Tennis Commentator,Vijay Amritraj just quoted a possible ridiculous Price of Sterling Pounds 20000 ! right now on Live TV Coverage ! Hey ! that’s Rs 18 lakhs or Rs 1.8 million for one Centre Court Wimbledon 2012 Mens Finals Ticket !

Interestingly Tsonga beat Federer at Wimbledon last year coming back from Two Sets down !

Roger Federer last won Wimbledon in 2009 and it was a magical beauty ~ he cracked Andy Roddick 16-14 in the Fifth Set ! I blogged on it on July 5,2009 ~ it was a his sixth triumph at Wimbledon and this Sunday his effort will be to match Pete Sampras’s record of Seven Wimbledon Titles

Just witnessed a Great Wimbledon Mens Final !…Great Champion,Roger Federer wins a Five setter and a record Fifteen Grand Slam Title

Sunday, July 5th, 2009

 Novak ? No ! ~ Nadal? Nah ! ~ for me it’s Roger all the Way ! ~ Roger that !

Glaxo behaves ghastly in USA ! ~ involved in the biggest healthcare fraud and agrees to cough up a record US $ 3 Billion in Settlement ! ~ The Question is do we care in India !?

A well known Yoga Guru in Mumbai,whose sessions I attended for a few months some years ago had aggressively argued that the World’s leading Pharmaceutical Companies are all one Huge Cartel ~ he never advocated Allopathy and urged us to stay away from Allopathic Medicines ~ we knew he was right but we were helpless and yet remain so in our dependence on such Drug Formulations

UK’s Glaxo has just agreed to plead guilty and pay up a record US $ 3 billion for the biggest healthcare fraud in US History ~ it relates to offences on the selling of three of their best selling drugs in the period 1997 to 2004 ~ US $ One Billion will be the Fine payable to US Authorities while US $ Two Billion will be paid to State and Federal Governments to settle civil issues

The Drugs that were prescribed or positioned wrongly were

  • Paxil ~ It’s a common anti depressant but was not to be prescribed for depressed children below 18 years of age as studies had showed that it induced suicidal tendencies ~ Glaxo,USA however was found to be prescribing Paxil to even Children through over 5000 Doctors on Glaxo USA’s panel of which over 1700 were exclusively treating just children
  • Wellbutrin ~It’s approved for being prescribed for Depression ~ however it was positioned and prescribed for unapproved uses like that as a slimming aid and for  loss of sexual drive ~ For just Two Months of March and April 1999,Glaxo even paid the well known Doctor Drew Pinsky US $ 275000 to promote this Drug in his Speeches and Radio Interviews and prescribe it for loss of libido !  ~ Hundreds and Thousands of other Doctors were induced through high  Speaking Fees and fully sponsored five star trips to exotic locations for spouse too
  • Avandia ~ was prescribed for Diabetes but it’s dangers were not revealed to the US watchdogs ~ concerns were not disclosed that it induced heart attacks

In 2009,Pfizer had paid US $ 2.2 Billion for selling four drugs for unapproved uses

For these Pharmaceutical Giants, even such giant fines and settlements are merely just a percentage of their annual profits ~ Glaxo’s US $ 3 billion settlement is just first Quarter Profits in 2012

Glaxo earned Pounds Two Billion (US $ 3.1 Billion) on a Turnover of Pounds 6.4 Billion (US $ 10 Billion) in just the first quarter of 2012

My Question is this :

In Light of the nature of this  huge and incriminating Glaxo USA Settlement why has the Indian Government not immediately raised the Red Flag of Inquiry to Glaxo India through the concerned Ministry or the Drug Regulatory Authorities or even the Stock Exchanges BSE and NSE where it is listed to investigate the Indian Implications for Glaxo’s Indian Operations in context of the Drugs it sells here ?  ~ I’m not talking of Financials here ! ~ or do we,1.2 Billion Indians continue to be guinea pigs to Multinational Pharmaceutical Companies and their Prescribed Drugs

The Company and Doctor Nexus is strong in India too ~ and I believe many Drugs that have been banned in the USA and Europe are yet manufactured and sold and prescribed in India ! ~ and we remain hostage to the high risks let alone the high pricing too of many Drugs

I wish Glaxo India would have come out with a proactive clarification !

One last thought ~ we continue to decry Cigarette and Tobacco Companies for their Products being immensely harmful and injurious to health ! ~ should not this warning be now put even more boldly on Medicine Packaging instead of just labelling it as a Schedule Drug to be sold on doctor’s prescription only ! Most pharmacies will sell even such labelled drugs OTC without any genuine  Doctor Prescription ! read more

Urgent Reminder especially to all Retail Investors ~ Simply Beware ~ Unsolicited SMSes have recommenced to buy this scrip or that scrip ! ~ received for Cupid Trades Finance & Texmo Pipes & TRABI !

Urgent Reminder especially to all Retail Investors ~ Simply Beware ~ Unsolicited SMSes have recommenced to buy this scrip or that scrip ! as some buoyancy has returned to markets

SEBI apparently has had limited or no success or control over such unsolicited advisory communications that does not even mention sender details and use Bulk SMS Facility

In the past few days I have received unsolicited SMSes from God alone knows who ! to buy

  • Cupid Trades & Finance ~ luring with stating Bonus to be announced in August
  • Texmo Pipes (received several times over three days) ~ luring with stating big buying seen from last 3 days and big announcement on New Chnl on Monday
  • Transngene Bio~TRABI(received twice in three days) ~ luring with big announcement to be made on Monday
I’m not even going to mention prices and targets for these as my advice is to simply ignore these free unsolicited advice on specific scrips as you do not know the identity and therefore the credibility of the source and this raises valid suspicion that vested interests are at play ~ you stand a huge risk of buying into this hype from the very people who are advising to do so and who are waiting to offload ~ don’t be fooled or mislead or excited by any fast surge in the price and upper circuits ~ likely these scrips are being manipulated

Simply Beware !

Scroll to Top