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

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Citibank US Top Brass at HQ named in Indian FIR by Top Investor Sanjay Aggarwal of Helion Funds in the Gurgaon Branch Wealth Management Fraud…stirs angry memories of this Bank

This Wealth Managment Fraud of over Rs 300 Crs, claimed to be the ingenuity of a relationship manager of Citibank at it’s Gurgaon Branch in Delhi is now being widened in investigation scope to include even the role of the World Head, Mr Vikram Pandit and Chairman,Mr William Rhodes and ten other Bank Officers in New …

Citibank US Top Brass at HQ named in Indian FIR by Top Investor Sanjay Aggarwal of Helion Funds in the Gurgaon Branch Wealth Management Fraud…stirs angry memories of this Bank Read More »

in just two years ,by 2012,IDBI Bank aims to become the fifth largest Bank in India by way of Asset size and Market Cap…it stands at 11th ranking now…Share Price needs to Double for this !

IDBI Bank opened at Rs 190 this morning,taking off from the last few minutes surge last afternoon to Rs 187….Price could not be sustained and currently it’s trading below Rs 180 at 3.15 pm….just a coincidence perhaps that there is an analyst/broker meet organised this afternoon at IDBI Towers at Cuffe Parade,Mumbai to boast the second …

in just two years ,by 2012,IDBI Bank aims to become the fifth largest Bank in India by way of Asset size and Market Cap…it stands at 11th ranking now…Share Price needs to Double for this ! Read More »

IDBI Bank at Rs 153….Yet Lovely for all Risk Profiles and Portfolios

On September 8,2010 I recommended IDBI Bank at Rs 134…it had been on my radar for sometime and the Scriptech Stock Select committment was made as a Scriptech Sparkle SS 2 Stock Select…..It has done well past two trading weeks and soared to Rs 153….It suits all Portfolios and all Risk Profiles even at Rs …

IDBI Bank at Rs 153….Yet Lovely for all Risk Profiles and Portfolios Read More »

Sensex soars to 20000 and Nifty to 6000 as FIIs Inflows soar…let’s revist what I said in Jan 2010

Beginning of the Year these were my views on various asset plays going forward in 2010 and beyond 2010…what’s likely to Go UP and what’s likely to Go DOWN….will help you in rebalancing your Portfolio Thursday, January 7th, 2010 An extract for Indian Equities from the above is reproduced INDIAN EQUITIES….It great to be an …

Sensex soars to 20000 and Nifty to 6000 as FIIs Inflows soar…let’s revist what I said in Jan 2010 Read More »

I have an Issue…actually several…..with the SKS Microfinance Issue !….Intentions may be Noble but Actions are Profit Motivated and not singularly Selfless !

I have two Primary Issues…and several related ones….. with this SKS Microfinance Primary Issue Microfinance Industry emerged to alleviate Poverty by providing access of basic financial services like Loans and microinsurance to the poor…..I am frowning at this attempt to commercialise this Industry through an IPO at such a High Premium I am not going to contribute …

I have an Issue…actually several…..with the SKS Microfinance Issue !….Intentions may be Noble but Actions are Profit Motivated and not singularly Selfless ! Read More »

Standard Chartered Bank INDIAN DEPOSITORY RECEIPT…Looking Beyond the Financials…At the Exchange Risk Involved…What if the Rupee Appreciates !?

I’m Looking Beyond the Financials here…..at the Standard Chartered Bank (SCB) INDIAN DEPOSITORY RECEIPTS (IDRs) Issue….am not inclined to recommend Investment,although the Pricing looks reasonable and it will not form part of the Overseas Investment Annual Limit of US $ 200k per Indian Citizen….probably a contrarion here as all seem to be recommending the IDR….I’m a bit …

Standard Chartered Bank INDIAN DEPOSITORY RECEIPT…Looking Beyond the Financials…At the Exchange Risk Involved…What if the Rupee Appreciates !? Read More »

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