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Month: January 2012

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Vodafone Wins Case Against IT Dept

Vodafone has won the case against the Income Tax department, with the Supreme Court ruling that the IT department has no jurisdiction to tax Vodafone. Vodafone ...

The Reliance Buyback In 2004-05 Analyzed

The last time Reliance bought back shares was in 2004-05, when they bought just Rs. 150 cr. worth shares. The actual announcement was in December: Max amount ...

RIL Buyback: Pump And Slump?

Reliance Industries has said it will consider a share buyback in its Friday board meeting, and the stock went up 5% to 780. The theory is that Reliance will ...

Dry Bulk Index Drops 43% In A Month

Bespoke Investment Group has an interesting chart on the Baltic Dry Index (BDI). According to FT, the drop is due to an anticipated increase in the number of ...

Chart Of The Day: Repo Goes Beyond 150K cr.

More than 155,000 cr. was taken as Repo today, which is much higher than what RBI is comfortable with (1% of bank deposits or “Net Demand and Time ...

Dec 2011 Inflation at 7.47%

Inflation for December 2011 has come in at a 7.47%, miserably low compared to 9%+ figures we have been seeing lately. But the downside is that prices haven’t ...

Back From Holiday, With Notes…

Bangalore was fantastically refreshing, with mentionably better weather. Much  has happened in the last few days, so I’ll use this post to link-comment. ...

WTF: Sintex Promoters Didn't Buy After All

I noted last quarter – on October 13, 2011 – that : The promoters of Sintex “plan” to buy 4.78% and take their stake up to 40%, says MD Amit ...

2011: FIIs Sell, DIIs Buy

Last year has been quite about foreigners running out the door, while domestic institutions have been buying. And if you want to see the scale, let’s ...

The Fringe Impact of the RIL-TV18 Deal

Reliance Industries (RIL) has sold its stake in media entity Eenadu to TV18, in a convoluted complicated deal quite characteristic of RIL and TV18. Let me help ...