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Stocks

DSP-ML: All over Satyam

Satyam has hired DSP-ML to “look at available options to enhance shareholder value”. DSP will also review the composition of the remaining board ...
Economy

India makes dollars and loses rupees

The RBI weekly supplement for the week ended 26 Dec 08 shows that the forex reserves of the country is 254 billion dollars, up $3.6 billion from last week. And ...
Stocks

Satyam Director Mangalam Srinivasan Resigns

From ET: Mangalam Srinivasan, a US-based academic who has been a director on the board of India’s fourth-largest software exporter since July 1991, said ...
Economy

Inflation at 6.61%, going lower

Inflation has now reached 6.61% for the week ended Dec 6. It is likely to go lower, from reduced petrol prices, interest rate cuts and drop in global crude ...
General

News and Views and Malaria

Wife has malaria. Malaria is a bad bad thing. Do not get it. I am serious. And its worse when you’re a mom. As if childbirth wasn’t enough. This is ...
Commentary

China cuts rates again

China slashes rates again (Bloomberg): China cut interest rates for the fifth time in three months to support the world’s fourth-biggest economy after trade ...
Stocks

SoS Update: Early rollover, Stops, DLF out, Satyam in

The Short Only Strategy has done miserably this month, and I’ve made a few mistakes of not cutting positions earlier (though I did do well cutting HDIL) ...
Stocks

Motley Fool: All in the Family (Satyam)

“Satyam Seeks to Build Future for Its Family”, screams a Motley fool headline. Berating Satyam for attempting to line it’s promoter’s ...
Stocks

Maytas Properties: 19.7 cr. profit, valued at 6500 cr.

From sources I have found that Maytas Properties, the unlisted company that Satyam wanted to buy, had reported a turnover of Rs. 280 crores, and a net profit ...
Stocks

The 2000 Satyam fiasco

Sucheta Dalal mentioned it in an article in May 2000: On Friday, Indiainfoline.com reported that Satyam Computer, one of the more popular IT companies in the ...