A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Now Two More Serious questions need to be answered in this continuing Satyam Saga ! QUESTION NO 1 DID RAMALINGA RAJU INTIMATE LENDERS TO SELL HIS PLEDGED SHARES BEFORE RELEASING HIS CONFESSION LETTER TO REALISE A BETTER PRICE TO CLEAR MORE OF THE LOAN ? This is very much posssible as the Promoters Holdings was …
NOW TWO MORE SERIOUS QUESTIONS EMERGE IN THIS SORDID SATYAM SAGA UNFOLDING! Read More »
Ramalinga Raju of Satyam is nothing but a downright Cheat and a Dishonest and Fradulent promoter…however he did have the courage to confess this morning….yet he cannot be trusted Satyam closed at just Rs 40,down Rs 138 from Rs 175 BSE,NSE and SEBI must check that Ramalinga Raju and his coterie did not benefit monetarily from …
I had told you Satyam’s Chairman Ramalinga Raju was actually Ravana and he was a goner…just read my blogs of December 17,2008 and December 19,2008…..You cannot believe this guy…he’s got a history of hoodwinking…he bought Rajesh Jain’s Indiaworld for US $ 116 Million in 2000…this was a hogwash deal only to launder Money ! Regulators …
How to Hoodwink the World in Business….The Danes must have learnt it from the Indians !…and we, from the Americans ! Would you believe this ?…an IT Company in Denmark was completely fraudulent…fake orders and profits…and it’s promoter was awarded many recognitions ! Below is the whole Transcript of the recent article in Wall Street …
It’s been a War Zone with no holds barred between the Ambani Brothers after their father expired in 2002…It led to a Demerger of the Group in 2005 and shareholder wealth zoomed There have been evident reconciliatory moves between the brothers in recent months…clearly some thaw is visible and they appear to be moving the Hatchets away …
Ambani Brothers : Burying the hatchet or yet at each other with one ! ? Read More »
Last Night I was amused and then rather angry to hear Prof M Rammohan Rao,an Independent and Non Executive Director on the Board of Satyam Computer Services Ltd He was defending the decision taken by them for Satyam to acquire Promoter related Maytas Companies Menaka of CNBC TV asked him which was the lesser of the …
Satyam Independent Director should attend one of his own courses! Read More »