Adding to the list of defaults is Shiv-Vani Oil & Gas Exploration Services, which has not repaid Foreign Currency Convertible bonds of $84 million. ET ...
The Crisis of NSEL that has brought Financial Technologies crashing 80% is all because of a product that seems to have been actively advertised as a “safe” ...
The NSEL problem gets more complicated. It’s now a case of borderline fraud, it seems. Remember the owner of the NSEL (National Spot Exchange), Financial ...
Banks continue to get hammered as the RBI policy changes take short term rates to over 11%. Those who depend largely on wholesale funding, like Yes Bank and ...
Network18’s annual report shows their loan to their promoter company “Network18 Group Senior Professional Welfare Trust” stays at Rs. 500 cr. Remember, ...
3 years ago, the Oberoi family that owned the fancy Oberoi Hotels sold 14% of the company to Mukesh Ambani’s Reliance Industries. The reason: to avoid having ...
Pictures tell you a story. Let’s look at the Reliance Results for their story. Revenues Fall Year on Year, Profits up 20% on a Lower Base None of the ...
Infosys announced results today and the stock is up 12%. What’s that about? We don’t know, and all we’re sure of is that markets surprise you. As usual, ...
In my Demystifying Share Buybacks article, I had mentioned new reforms expected for share buybacks. SEBI has now fixed at least two of the problems I ...
Gitanjali Gems is now down 20% and at the lower circuit on the NSE. The stock has fallen from it’s Rs. 500 close on Friday to Rs. 400, and there are more ...