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Month: May 2012

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May Sees The Biggest Monthly Fall in 2012

My standard month-end post of returns for the Nifty gives a –6.2% return, making it the third negative return in a row and the worst for 2012. What can we ...

Fresenius Kabi Down 20% on No-Delisting

Fresenius Kabi Oncology (FKONCO) is down 20% today on news that well, they won’t delist the company. The company’s been trading at over Rs. 100 per ...

TataMotors Drops 11%, One-Timers in Results

Tata Motors crashed over 11% today. It seems markets didn’t like their results, which showed a doubling of profits on a year-on-year basis. Consolidated ...

Indian Oil Gets 75,000 cr. of "Help" in 2011-12

Indian Oil Corp announced results yesterday with a massive 12,670 cr. (Rs. 126.7 bn) of profit in the last quarter (March 2012). Of course, the entire year ...

Why the Petrol Price Hike is a Good Thing

I write at Yahoo: Why the petrol price hike is a good thing Petrol prices were raised again recently, by Rs. 7.5 and the hike leaves the country seething, ...

KSL and Industries Defaults on $90M FCCBs

KSL and Industries Limited was due to return $90.05 million from FCCB (Foreign Currency Convertible Bonds) borrowings. (Read: The Upcoming FCCB Problem) The ...

Chart: 5 year Rolling Returns Including Dividends

Subra of Subramoney.com mentioned in my Sensex Roling Returns post that if we account for dividends, returns may look much better. So I took the Nifty Total ...

The "Quality of Talent" Debate

An Open Letter to India’s Graduating Classes from a KPMG partner is both eye-opening and outrage-inducing. He talks about how our graduating students are ...

Sensex Rolling 5Y Returns at 2.21%

The rolling returns for the Sensex (suitably annualized) are in the graph below: Read this as: At "May 12" the 10 year return indicates the return I ...

Chart: Petrol Prices Up by Rs. 7.5

Petrol prices went up by Rs. 7.5 per liter yesterday, making life miserable for nearly all Indians. Turns out Goa is the cheapest petrol in the country, ...