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Stocks
Reliance (RIL) sells 2675 cr. of Treasury Stock
Reliance Industries today sold 2,675 cr. of its own stock at an average price of 1,035 per share, to fund . LiveMint says the money will most likely go to fund ...
Economy
Credit Growth Goes To 11.3%
RBI’s latest credit figures – the last for 2009 – show that credit growth might have bottomed out for the cycle. After a low of 9.6% in November, the ...
General
Extended Trading Hours Aren't That Bad
Brokers oppose the new trading hours starting 9 AM from Jan 4, 2010: In a statement issued in Mumbai, the BSE Brokers Forum said it opposed the move as there ...
General
Happy Holidays!
Folks, am on a holiday for Christmas/New Year in Bangalore, and December as a whole has been in holiday mood, so I wouldn’t expect much on the posting ...
Stocks
Nifty P/E and EPS Growth: Still Insane
I talk about this often – typically, you want your Earnings Per Share (EPS) growth to, somehow, match the Price-to-Earnings ratio you’re paying for ...
Startups
Startups: Burrp acquisition by Infomedia18, Low Internet Valuations in India
Talking to Nikhil Pahwa on the phone about financial shenanigans and a recent acquisition of Burrp! (a restaurant review site as I know it) and some subsequent ...
Economy
Bank Credit Growth Ticks Up at 10.5%
RBI’s latest credit figures show another uptick in credit growth, taking growth to 10.5% year-on-year. Here are the monthly credit growth statistics ...
Commentary
Dubai Bailed Out
Dubai: Bailed out by Abu Dhabi Abu Dhabi stepped in to help fellow United Arab Emirates member Dubai with a $10 billion injection, of which $4.1 billion was ...
Stocks
InfoEdge: No EPS Growth, But Great Stock Price!
Info Edge (NAUKRI) continues to astound me. They’re literally flatlining EPS for the last six quarters, and yet, command a P/E of 35! To talk less and ...
Commentary