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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 ...
Stocks
Satyam News, Views and A Tainted History
Satyam clients likely to re-evaluate contracts: BS Around six to eight strategic clients of Hyderabad-headquartered IT services major Satyam Computer Services ...
Stocks
WTF: Satyam buys its mirror image, loses 50% in share price, backs off
Late yesterday Satyam’s founder Ramalinga Raju, who has been looking at the company’s war chest sitting idle when there are good uses of the damn ...
Stocks
DLF, Unitech hike square feet, instead of prices
From Mint: Buyers who bought apartments in Gurgaon and Greater Noida from DLF Ltd and Unitech Ltd are complaining that the builders have increased maintenance ...
Commentary
Felix Salmon on Madoff – it's the government's loss, too
Felix Salmon – Madoff: The Tax Implications Let’s say you’re a successful businessman who has managed to earn $10 million this year, but who ...
Commentary
Ecuador chooses to default. Conspiracy Theory Ahead.
Sometimes I just don’t understand. Ecuador has chosen to default on a 30.6 million dollar payment on its bonds. Which is surprising, because it has 5.65 ...
Stocks
SoS Update: 12.85% up
The latest status of the ShortOnly Strategy: It was up 20% very recently so this is about 8% drawdown. (Drawdowns are peak to lowest point after that). Not ...
Commentary
Moral hazard for breakfast
HBOS says “bailout ke naam pe de de baba” (English equivalent) and then… HBOS Plc, the U.K. bank that told shareholders yesterday it’s ...
Foundations