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Stocks

Mahindra Holidays: Too many members, Too few rooms

A quick note on Club Mahindra (MHRIL) . Rooms: Where? On September 30, 2010, they have 117,993 members. And 1,473 apartments. Even if they use them 100% for ...
Economy

PI WPI Inflation: 12.66%. Big Past Revisions Continue

Primary Articles Inflation as of 27 Nov 2010 is now at 12.66%, down from the 12.72% reported last week. This is because of a large base impact – last year ...
Stocks

IB Report Takes 3 Stocks Down

Three stocks – KS Oils, Ruchi Soya and Karuturi Global have been hit hard by an Intelligence Bureau report that says these stocks were manipulated. An ...
Stocks

UFlex Dives 20%, Promoter Gets 4 Years Jail

Promoter of UFlex Limited, Ashok Chaturvedi was sentenced to four years in prison by a special CBI court, in a case of bungled land allotment in Noida. Former ...
Commentary

The Oddities of US Inflation.

Krugman says “Disinflation Confirmed”. Because if you remove housing from US core inflation the graph still slides downwards. Let’s see – Core ...
Premium Portfolio

Rupee Dollar Exchange Rate Woes

A reader mails in: While reading thru the financial page of a newspaper I read this – "The rupee surged to a six-month high against the dollar on ...
Foundations

At Yahoo: Frequently Unanswered Questions

I answer Frequently Unanswered Questions in my Yahoo! column: Over the last few months I’ve received a number of questions over email, for which I will ...
Economy

Inflation: Primary Articles at 12.72%, and a HUGE past revision

WPI index announcement as of November 20, 2010 showed the Primary Articles inflation (think: food) was down to 12.72%, the lowest in a while. What’s worrying ...
Commentary

New TRAI Rules: Switch the SMS Spam OFF

New Telemarketing Rules are here from Jan 1. Fairly major, it seems, with some interesting implications. (Full Regulation is here) All telemarketers to ...
Commentary

HDFC Ups RPLR to 15%

(Thanks to @Work_ant for mentioning this) HDFC increased its Retail Prime Lending Rate (RPLR) to 15% yesterday – see pic below – , up 75 basis points ...