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Stocks
Firstsource Insider Selling
Some of the top management at FirstSource Limited sold nearly 90% of their holdings in November 2007. On 8 Nov 07, Ananda Mukerji, CEO, sold around 20 lakh ...
Commentary
ICICI’s Disclosure See-Saws: Openly Making Fools Of Us
Statements from ICICI: Sep 2007: “..treasury income was Rs. 1.75 billion which was a decline over last year Q2 of Rs. 2.4 billion, a 27% decline that was ...
Commentary
ICICI Bank: What’s The Subprime Impact?
So how much does ICICI stand to lose if the news is correct? (Ref: ICICI subprime losses at 1000 cr.). ICICI’s share dropped 5% to Rs. 970. They made ...
General
The First Real Subprime Loss: ICICI Bank Gets Hit
So it seems ICICI Bank has around 1000 cr. ($260 million) of losses due to US subprime. ICICI Bank Ltd., India’s second- largest bank, had a ...
Opinion
Buffet's Warning: Bad Year Ahead
Warren Buffett’s annual shareholder letter: You may recall a 2003 Silicon Valley bumper sticker that implored, “Please, God, Just One More Bubble.” ...
Commentary
Watch the USD/INR and USD/JPY: Big Drop Coming?
The dollar has strengthened again to Rs. 40, and the Japanese Yen is at 103.1. The yen is by far the strongest I have seen in a while, and is closing in on the ...
Economy
Budget 2008: Short Term Cap Gains Up, Service Tax Extras and Relief
Short Term Capital Gains Tax up to 15% The FM has rationalised this by saying it needs to be equal to dividend distribution tax, and to promote longer term ...
Economy
Budget 2008: Income Tax Slabs Changed
Update: Click here to find out how much you save on tax in 2008. compared to 2007. Just finished the Budget speech. Income tax slabs have been changed. Upto ...
Breaking
Sebi Makes Mutual Funds Charge You More
The latest from the SEBI stable is: The rapid fire manner in which the standard warning “Mutual Fund investments are subject to market risks, read the offer ...
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