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Reliance Power In The Doldrums

The Reliance Power stock has had a shocking listing (excuse the pun). With an issue price of Rs. 450, the stock started off at Rs. 530 and then went into a ...
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India Inc. Slows Down, and Nifty is Not Yet Attractive

So it seems like the view on the street is that the Nifty and Sensex have been pounded down and are now at very attractive levels to buy, and perhaps some of ...

Don't Borrow Money For IPOs – They Are Loser Loans

Anyone going for IPO financing, in times like these, seems to be at the receiving end of the stick. Let’s take the future capital ipo for instance, an ...

ICICI Bank Results – EPS Growth is 2%

So ICICI Bank has announced it’s 3rd Quarter Results. What they highlight: Net Profit up 35%, Interest Income up 32%, Deposits up 33%. What I would ...

Infy Q308 Results – EPS growth 22%

Infy’s Q308 Results are out: (all comparisons are year-on-year) Revenue up 17% to 4271 cr. (consolidated). Net profit is up 25% to 1231 cr. (from 980 ...

Reliance Power Will Pay 80 cr. to Licence Their Own Logo

In Reliance Power’s Red Herring Prospectus, page 25 of the PDF, there’s a phrase worth watching: The trademark, name and logo do not belong to us. ...

What would I buy in 2008?

2008 is here and have I changed my bearish stance? To a certain extent I have. I still think there is value in there worth buying but to be honest there is ...

Info Edge May Issue 500 cr. FCCBs

Info Edge, the owner of Naukri.com and Jeevansathi.com is looking to issue upto Rs. 500 cr. worth of FCCBs for a new portal, Shiksha.com, and for further ...

New Products In Derivatives

SEBI has produced a draft proposal for some new products in the derivative markets that it wants to allow. These are extremely interesting and will give people ...

Short Selling Stocks Will Soon Be Allowed

SEBI has decided to allow institutions to short-sell. Meaning they can sell before the own the shares, by “borrowing” shares from the market. How ...