Archives
432 / 652
Commentary
Man Wins Credit Card Court Case When Bank Didn’t Read What It Had Signed
Dimitry Agarkov hand-edited a credit card contract sent by a bank, and the bank accepted it. After two years of overdue payments, the bank sued Agarkov, ...
Commentary
HDFC Prudence Fund Buys MCX Shares, Only a Sneeze Worthy 9 Cr.
HDFC Prudence fund has bought Rs. 9 cr. worth shares of MCX, the commodity exchange that is run by Financial Technologies who also run the NSEL exchange where ...
Economy
RBI Really Means Business; Takes Upto 88,000 cr. out via Cash Management Bills
When the Reserve Bank of India says it will cut liquidity, it means serious business. Coming up, from next week, is another massive measure to remove rupees ...
Charts & Analysis
MSF Shoots Up Suddenly Before the Long Weekend
The Marginal Standing Facility (MSF) is now at 10.25% since July 17, after RBI’s act of making short term money more expensive. It had not been used for a ...
Charts & Analysis
FIIs Sell 60,000 cr. in Two Months, Highest Exits Ever
FIIs have been leaving in droves, it seems and the last two months have been the worst, on a monthly basis, in FII history. They have sold more than 60,000 cr. ...
Stocks
NSEL Tells MoneyLife How They Wanted Us To Think It Works
NSEL had supposedly given an interview to Moneylife where they explain their operations. Now it appears some of this are a little awry. Here’s my take on ...
Stocks
Shiv-Vani Defaults on FCCBs, Lenders Demand a Wind-up
Adding to the list of defaults is Shiv-Vani Oil & Gas Exploration Services, which has not repaid Foreign Currency Convertible bonds of $84 million. ET ...
Commentary
NSEL Pledges Stock with ICICI, SEBI Tracks Brokers and MCX Ring-Fenced Away
Business Standard is doing some awesome research about NSEL.This is real journalism. Now, they find NSEL’s jeera warehouse with a notice saying the goods are ...
Charts & Analysis
Tech Gloat: Nifty Falls to Lower Bollinger Band, Is Airtel Setting Up too?
I wrote in a tech note on July 29 that multiple indicators point to a fall in the Nifty. Two very powerful ones seem to be an Bollinger Band rejection along ...
Charts & Analysis