A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Two Interesting News Bytes ~ SAT adjourns Reliance Insider Trading Appeal & Government announces to revive UMPP Tenders Bids SAT adjourns Reliance Industries Insider Case Appeal to October 11,2013 This Case is a hot potato with apparent heavy political overtones The Securities Appellate Tribunal adjourned the Reliance Insider Trading Case to October 11,2013 and also […]
Financial Technologies (FTIL) @ Rs 144 (FV Rs 2)~ A Story of Guts and Glory now Guttered ! ?….though Jignesh Shah ,the Founder Chairman and MD of the FTIL Group (MCX,NSEL and others)states this in his message in the FY 13 Annual Report “….these are tough times the Company is facing and Financial Technologies is
Financial Technologies @ Rs 144 ~ A Story of Guts and Glory now Guttered ! Read More »
I’m Happy about so many things….. ……proud of daughter and her School team of three bagging the trophy at the TIFR Brain Camp where they successfully defended their project “The Effect of Glucose on Cognitive Abilities” ~ 33 top students from 10 top Mumbai Schools attended the four day camp where they interacted with top
When you are Happy and you know it clap your Hands!….and when you are not……! Read More »
MTNL has soared 60%+ inside a month to Rs 16 levels from under par Rs 10 in August ~ What’s ringing ? The trigger was the Government announcing that they would be returning Spectrum fees of @ Rs 5700 crs to MTNL as also approving Rs 570 crs annually as pension payment ~ subject to
You’ve heard of Naked Speculation ! but have you heard of Naked Companies that have been rendered so because they were stripped off their Assets by their Own Promoters !!!? Have always known how Indian Corporates ,even some of the well known names, indulge in siphoning off funds and stripping and stealing assets of the
Mumbai is drenched !~a Wet Welcome for Visiting US Vice President Joe Biden ! It’s been pouring relentlessly and incessantly from June 7,2013 with the Sun reminding us, just four or five days in the last 45 days, that it still rises and sets The Weekend Washout continues into the Week even as I blog past midnight
Mumbai is drenched ! ~ a Wet Welcome for Visiting US Vice President Joe Biden ! Read More »