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Shiv-Vani Defaults on FCCBs, Lenders Demand a Wind-up

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 ...

Video: The “100% Risk Free” NSEL Investment Product

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” ...

NSEL Might Have “Dummy” Stocks in What Seems To Be a Financing Scheme

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 Hammered 10%, Yes Bank –25% from July 15

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 Continues a 500 Cr. Loan to a Promoter Entity

Network18’s annual report shows their loan to their promoter company “Network18 Group Senior Professional Welfare Trust” stays at Rs. 500 cr. Remember, ...

Being Oberoi’s White Knight Costs RIL 876 crores

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 ...

RIL June 2013 Results in Charts

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 ...

Infy Announces Subdued Results, Up 12%

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, ...

SEBI Ups Buyback Minimums to 50%

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 ...

No Buyers For Gitanjali Gems, Down 20%

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 ...