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

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Larsen’s CMD, Mr A M Naik tries to justify increasing stake to 12% in Satyam

4 Comments / Bulk Deals, Chuckle !, Controversies, Corporate Governance, Information Technology, Infrastructure, Insider Trading, Interesting New Words, Investing Themes, INVESTOR MISTAKES, Reflections, Satyam : The Sordid Asatyam Saga, STOCKS, VALUATION / By

This is a gist of the Conference call that Larsen organised today to justify and clarify the 12% stake in Satyam L&T management clearly stated that L&T is no longer just an E&C company. It’s businesses span a range of activities in manufacturing as well as services, including heavy engineering, manufacturing,  power, process engineering and […]

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Is Larsen courageous or foolish to hike Satyam Stake to 12%!?

2 Comments / Controversies, Corporate Governance, Information Technology, Insider Trading, Interesting News Sightings, Investing Themes, INVESTOR MISTAKES, Reflections, Satyam : The Sordid Asatyam Saga, STOCKS, VALUATION / By

Just two days ago,on January 22,2009,I blogged that Larsen, to save itself, is trying to save Satyam..I had opined that it would be foolish to spend an additional @ Rs 1000 crs to take a controlling stake unless some protection was provided from contingent liabilities of the class action law suits in USA which could materilaise

Is Larsen courageous or foolish to hike Satyam Stake to 12%!? Read More »

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