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General

Relocation to Gurgaon and Some Notes

I’ve been moving from Mumbai to Gurgaon and the last two weeks have been long and without proper internet access; lots of news and lots to write about. ...
Stocks

ICICI Results: EPS growth consistently low, and even negative

ICICI Bank has announced Q3 results. EPS is up 4% on a standalone basis at 11.42 versus 10.99. Earnings Per Share – EPS – is really the only way to ...
Charts & Analysis

SoS: Add Zee, Pantaloon, Reliance and Rollovers

Some changes to the Short only Strategy. First, time to rollover. So all stocks roll into Feb, but certain quantities change. ICICI Bank: I’ve halved the ...
General

Cut Interest Rates, says Suresh Tendulkar

Batting for stimulation, Suresh Tendulkar, an economic adviser to the PMO said he would like to see interest rates cut further. “My own preference would be ...
Opinion

When does the Government Start To Hurt?

So we have a recession coming up, all these jobs lost, all these industries gone and so on. At some point this has to have an adverse effect on the government ...
Stocks

Result Updates

Naukri (Info Edge) results show an EPS growth of 31% from 4.8 to 6.3. Profits are up to 17.21 cr. from 13.09 cr, but most of it seems to come from other income ...
Stocks

Reliance Results: EPS down 11.9%

Reliance Industries announced results today. Q3 EPS is down 11.9% from 26.7 to 23.5. Revenue down 10% at 3156 cr. Profit sits in at 3501 cr., not directly ...
General

GMR announces Ice Cream Options in Hyd Airport

Thanks to Sanjay Bakshi, I found GMR’s “important” corporate announcement (full pdf): Swirls from Kwality Walls has opened a new Ice Cream ...
Economy

LIC's Jeevan Aastha gets 8000 cr.

Despite the real return being between 4% and 7%, guaranteed by LIC, people seem to be enamoured by LIC’s Jeevan Aastha. Despite the turmoil in the ...
General

Millionaire Petitions

I support this petition for millionaires who are insulted by the movie “Slumdog Millionaire”, which equates them to dogs that live in slums. Or ...