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4402 ArticlesDeepak Shenoy

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A deal by Indian Standards: 585K in Chula Vista

$585,000 for this place shown by Jim the realtor: (Hat tip: Calculated Risk) That’s about Rs. 2.8 cr., for a 4300 sq. ft. 4br house, fireplace, pool in ...

Nothing much in the Interim Budget

The much-hyped interim budget, presented by an interim finance minister after the real finance minister moved to the home ministry, and the replacement went to ...

Roubini on Recovery – Not Till 2010

A Roubini interview to start re-blogging: Important to note the last bit: Going the way of Sweden, has some hope: Sweden took over the banks, hived off the bad ...

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. ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...