A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
This evening ,it was interesting to view live on Stock Channels,Anand Mahindra,Vineet Nayyar (MD of Tech Mahindra) and Bharat Doshi (CFO of the M& M Group) and make sense of their sense on being the highest bidder at Rs 58 for Satyam Anand Mahindra reiterated that their’s was yet only the Highest Bid and not the […]
What do Anand Mahindra and his stalwarts say about the Satyam Bid ? Read More »
The 2 pm media meet by the Board of Directors of Satyam threw up some interesting facts about the Satyam Bidding Process Larsen & Toubro bid was Rs 45.90/share for Satyam Wilbur Ross’s bid was even lower at Rs 20/share ! The winner,Tech Mahindra, bid Rs 58 through it’s 100% subsidiary….the bid spread clearly indicates the
Look at the Satyam bids !…helps you gauge the risk Tech Mahindra may have taken ! Read More »
The Satyam Drama continues The winning bid for takeover of Satyam is just announced…Tech Mahindra has emerged as the winning bidder with a bid of Rs 58 share through it’s subsidiary Venturbay Consultants…No other bid comes close to 90% of this bid…Thus other competitive bidders like Larsen & Toubro have bid below Rs 52.20 Tech Mahindra
winning bid for Satyam is Rs 58/share…Many Questions yet stand Read More »
Just read a very interesting update on Maytas Properties in todays’ edition of Financial Express Maytas Properties is facing the prospects of the Government taking it over the Board,just as they did for Satyam The matter was being heard by the Company Law Board (CLB) and the company’s counsel suggested that the Government could appoint an observer
Ernst & Young did Maytas Properties Valuation of Rs 6523 crs in just one Day !? Read More »
I’ve been reading R Jagannathan’s Columns in the DNA more frequently than before…As Editor of DNA,he is fearlessly and without favour coming across strongly in his Opinions…..does not hesitate to pen them while calling a spade a spade…surely a big burden to bear in these vested times ! I’ve met R jagannathan in a professional capacity before
Will Satyam Investigations deliberately reach a Dead End !? Read More »
I for one,was not surprised to hear the shocking views on revising the ‘ Open Offer’ Pricing guidelines of JR Varma…He is an ex-SEBI Member and had also headed their Corporate Governance Committee…..He is clearly building up the ground for the Government to direct SEBI to do exactly just this to facilitate Larsen Mr Varma,was quite