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General
Citi Sells HDFC Stake For $1.9 Billion
Citibank has sold it’s 9.9% stake in HDFC (not the bank) at 657.6 rupees – with 14.5 crore shares sold today in a block deal. Buyers include FIIs and a TV ...
Mutual Funds
Fidelity: We’ll Keep The Managers
I had written about Fidelity leaving (What to do about the In-Fidelity?) recently, and Manoj Nagpal has brought it to my notice (Thanks!) that Fidelity may ...
Charts & Analysis
Chart Of The Day: “New” CPI Inflation at 7.55%
The first official Consumer Price Index (CPI) in the “new series” comes up, with the headline number at 7.5%. (Source: MOSPI) This is much lower than ...
Stocks
A Hard Time For Kingfisher Airlines
Kingfisher Airlines is in trouble for cancelling flights, it seems. They have cancelled 50% of their flights on Monday (according to WSJ) and 50 pilots have ...
Foundations
Alright To Be Wrong…When Investing
At Yahoo, I write about how it’s all right to be wrong when investing: In 1973, the Kreditbanken (bank) at Norrmalmstorg in Stockholm was attacked by ...
Opinion
India’s Dangerous Fiscal Deficit
At Yahoo, I write on The Dangerous Fiscal Deficit Situation in India: While we are battered with news about abandoned babies, victories and then losses for ...
Charts & Analysis
Chart Of The Day: Reserve Money Growth And Markets
“Reserve Money” is an interest aspect of our banking system. Reserve money is eventually multiplied into “broad money supply”. Reserve money growth has ...
Mutual Funds
What To Do About The In-Fidelity?
Fidelity Mutual Fund has decided to exit ops in India, presumably on six years of no profits. They manage assets of 8,800 cr. and there were a lot of posts ...
Charts & Analysis
Chart Of The Day: RBI Sells $7.8 Bn In Dec 2011
The rupee hit a low of Rs. 54 to a dollar in December, and since then, has recovered back to Rs. 49. Much of this move involves USD sales by the RBI. Since the ...
Charts & Analysis