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Stocks

Reliance Power Bonus: Ex-Date is 30 May 2008

A number of you are searching for the record date of the Reliance Power Bonus issue and then hitting my blog. Note now that the management has announced it ...
Stocks

Airtel's Auditor Notes: What To Make Of It?

From Airtel’s auditor’s report: Note 7 to these financial results, regarding the revaluation of investments in Bharti Infratel Limited (‘ ...
Commentary

The Trust Is Gone

From Calculated Risk: Homebuyer’s were speculating with no money down. Mortgage brokers didn’t care because they would sell the loans immediately ...
Commentary

Reader Comment: Sea of Red For Real Estate Lenders

Two comments that piqued my interest, on the CRR Hike post: Indian IT will be in X roads..and India will have a sub prime crisis of its own since many of these ...
Economy

CRR Hike And Rupee Woes

With today’s inflation figures coming out and a 7.14% inflation, RBI’s response has been to hike the Cash Reserve Ratio by 0.5% to 8% now. The CRR ...
Commentary

Of Arrogance and Humility

Sometimes a online page pisses me off. Like when I dug into Ajit Dayal in my “Dishonest Truths” post. A little harshly, no doubt. I don’t ...
Stocks

Orchid Up 16%, and Mudra’s on a roll as well

Orchid Chem is up 16% at Rs. 287 today. This is quite a spectacular move, for a stock I’d only written about yesterday. (Read: The Orchid Saga, Still ...
Stocks

Infy Q4-2008 results are out.

Infy Q4 2008 results are out. Sales are 4235 cr. (up from 3555 cr. last year same quarter, nearly 20% up). A QOQ increase of around 5%. Net Profit is 1182 cr. ...
Stocks

The Orchid Saga: Still Worth A Dekho

Orchid Chemicals has had a very exciting 2008. First in January the big crash took Orchid Chem with it, from the highs of 320+ down to the 240 levels. After ...
Economy

Currency Futures May Be Here Soon

From Mint: The government could soon allow exchange-traded futures contracts on the rupee-dollar exchange rate in an effort to provide companies with a ...