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Stocks

Halonix: A PE run company

This is a "notes" post about a company I was tracking. I now feel the need to use the blog to note down things. Halonix (earlier Phoenix Lamps) is a ...
Stocks

HDFC To Repay 2,000 Cr. for HDFCBank Shares

In 2009, HDFC borrowed about 4,000 cr. in two and three year NCDs, of which they will pay back 2,000 cr. in August 2011. This will need to be rolled over, ...
General

ELSS Mutual Funds: Early Withdrawal?

FundsIndia posted in it’s twitter account, that Value Research suggested no-lock-ins for ELSS fund savings if you didn’t try to save tax: If you ...
Commentary

Off-Topic: Good, Random Stuff

So Google decided finally that I was being a space hog and that I had reached 95% of whatever limit they had, so against the order of the Great Google Mail ...
General

Diesel Prices Up By Rs. 3

The Government raised diesel prices by Rs. 3 per liter yesterday. And LPG goes up by Rs. 50 per cylinder, and kerosene by Rs. 2 per liter. Diesel in Delhi will ...
General

SEBI Handcuffs Sahara

In a detailed 99 page order, KM Abraham of SEBI makes the case for Sahara’s fund raising in 2008 and 2009 to be completely invalid because they ...
Economy

Crazy Inflation Revision of 4% again

And we have yet another crazy revision of Primary Articles Inflation. First reported at 12.08%, today’s report revises the April 16 inflation figure to ...
Commentary

Chinese FraudCaps

Three Chinese companies, listed in the US, have recently been in the news for cooking their books. The revelation that they made up numbers has taken their ...
Commentary

"Draw Down The Revolvers"

I write at Yahoo: “Draw Down The Revolvers“ It was what they needed to do, they all agreed. But what ended up dying wasn’t a human — it was ...
Economy

Indian States Versus Countries

In an interesting visualization, the Economist shows how Indian states fare with respect to full countries, in terms of GDP, GDP Per Person and Population. You ...