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Reliance Buyback: Only 10 cr. out of 10,000 cr. done

Reliance has initiated a share buyback for what is supposed to be a 10,440 cr. issue, at a cap of Rs. 870 per share. The buyback ends Jan 19, 2013, which is ...

A Hard Time For Kingfisher Airlines

Kingfisher Airlines is in trouble for cancelling flights, it seems. They have cancelled 50% of their flights on Monday (according to WSJ) and 50 pilots have ...

New SEBI Listing Norms To Curb IPO Abuse

IPOs have gone down massively in the recent past (see IPOs largely suck in 2010-11) and a large number of them have gone down over 80% from listing prices. ...

Reliance: Dec 2011 Result in Graphs

Reliance Results in Graphs. I think this is the best way to view these things. Revenues are up, Profits are ...

The Reliance Buyback In 2004-05 Analyzed

The last time Reliance bought back shares was in 2004-05, when they bought just Rs. 150 cr. worth shares. The actual announcement was in December: Max amount ...

RIL Buyback: Pump And Slump?

Reliance Industries has said it will consider a share buyback in its Friday board meeting, and the stock went up 5% to 780. The theory is that Reliance will ...

WTF: Sintex Promoters Didn't Buy After All

I noted last quarter – on October 13, 2011 – that : The promoters of Sintex “plan” to buy 4.78% and take their stake up to 40%, says MD Amit ...

The Fringe Impact of the RIL-TV18 Deal

Reliance Industries (RIL) has sold its stake in media entity Eenadu to TV18, in a convoluted complicated deal quite characteristic of RIL and TV18. Let me help ...

Smartlink To Make Tablets for Rs. 5000-7500

From mydigitalfc: Buoyed by the success of tablet personal computers (PCs) in the Indian market, BSE-listed Smartlink Network Systems plans to launch a tablet ...

KFA Down And Nearly Out?

It looks like we have a victim of leverage, in Kingfisher Airlines (KFA) Kingfisher, which is partly owned by brewery tycoon Vijay Mallya, has canceled more ...