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Network18 Trust Gets Big Loan From Company, Won’t Buy More Shares

Network18 has a press release in response to SEBI’s regulation on Employee Trust activitystating that the Network18 Senior Professional Welfare Trust (which ...

Suckered: Manipulating Expiry Prices, Ruchi Soya Edition

SEBI has just passed an ex-parte interim order (meaning, without hearing the defence of the accused, and potentially more orders to follow) against entities it ...

Reliance Sells $800M of Perpetual Debt, Despite having $15B of Cash

Reliance just sold $800 million of perpetual bonds at a yield of 5.875%. The yield is fixed for life – and holders will get money for as long as Reliance ...

Charts: RIL Results for Dec 2012

Reliance announced “stellar” results on Friday, post market close, which has traders wondering if the market will gap up today by 100 points or 200 points. ...

Infy Up 17% on "Good" Results. How Good?

Infosys declared results on Friday and the stock went up substantially. It has in fact been the best single day move for the stock and the best result day by ...

Of Kingfisher and Mallya's Pot of Gold

There is tremendous outrage that Vijay Mallya, the flamboyant chief of the ailing Kingfisher Airlines has donated 3 kilograms of gold to a temple, while the ...

The JP Associates FCCB Issue

Kiran has an interesting post on the JP Associates FCCB Issue that’s caused the stock to tank from the Rs. 78 levels to Rs. 65 in a week (16%). This is ...

TataMotors Drops 11%, One-Timers in Results

Tata Motors crashed over 11% today. It seems markets didn’t like their results, which showed a doubling of profits on a year-on-year basis. Consolidated ...

Indian Oil Gets 75,000 cr. of "Help" in 2011-12

Indian Oil Corp announced results yesterday with a massive 12,670 cr. (Rs. 126.7 bn) of profit in the last quarter (March 2012). Of course, the entire year ...

KSL and Industries Defaults on $90M FCCBs

KSL and Industries Limited was due to return $90.05 million from FCCB (Foreign Currency Convertible Bonds) borrowings. (Read: The Upcoming FCCB Problem) The ...