NSE decided to remove 50 stocks from F & O. I welcome this move. NSE has taken this decision after Akruti's trading mess. This move is better late than never.
Let us hope, the new inclusions would follow some methodical approach, criteria rather than driven by simple volume statistics.
Wednesday, April 22, 2009
Tuesday, April 21, 2009
Political campaign 1 - titbits
Political campaign is in full swing across the country. My thoughts, reaction as follows:
1. Congress on Kandahar episode - Sad. Congress should focus on job losses, economy i.e how to take India forward rather than talking about some dead issue. This attitude shows Congres shying away from real issues.
2. BJP On Varun episode - Dividing the country on communal lines is strictly bad. Deriving mileage out of it is even more bad. But the Media was so happy to talk about it more than anyone. Media did the marketing and not BJP.
3. LTTE issue dominated the TN campaign. No one is sure how the voters are going to go. DMK Chief's statement on LTTE reflected confusion.
4. Sharad Pawar could be dark horse post result scenario.
1. Congress on Kandahar episode - Sad. Congress should focus on job losses, economy i.e how to take India forward rather than talking about some dead issue. This attitude shows Congres shying away from real issues.
2. BJP On Varun episode - Dividing the country on communal lines is strictly bad. Deriving mileage out of it is even more bad. But the Media was so happy to talk about it more than anyone. Media did the marketing and not BJP.
3. LTTE issue dominated the TN campaign. No one is sure how the voters are going to go. DMK Chief's statement on LTTE reflected confusion.
4. Sharad Pawar could be dark horse post result scenario.
Sunday, April 19, 2009
The "T" Factor - Tagged !
Took this tagging from Uniquely Priya ! I liked this tag at the first instance., still wondering why !!!!!
My list of favourites beginning with ‘T’:
1) Travel: I like travelling. I love going to new places, meeting new people, learn some good things from every place.
2) Tummy: Something i like as long as it is in control. My tummy is good and not big. It has come to some shape in the last 8 years or so. I am not able to lose my little tummy through my normal, homely work-outs although.
3) Television: I love TV especially to watch sports like cricket, tennis, F1, CNBC. I don't think, i can live with out TV at this point of my life.
4) Tunes: Music is what i relax with. Any type of music, genres are good as long as they are little creative than monotonous.
5) Tiny Tots: I love them. The way they look, talk, smile, laugh, feel, smell – I love everything. I just love the feeling when a child talks to me, or places his/her little hand in mine, or takes my lap - completely trusting me.
6) Taste: I eat only for taste. I don't care how much calorie it has. I freak out as long as i like and it taste good on my tongue / mind.
7) Tricks: I love watching tricks performed in TV shows like a kid even now. Fascinating !
8 ) Typical: I don't like being "typical" being. I want to be a practical in my approach to carry out my life.
9) Two to tango: means that two people in a fight are both responsible for that fight. So I look at life in this approach and practice restraint.
That’s all I could think of from ‘T’!!
My list of favourites beginning with ‘T’:
1) Travel: I like travelling. I love going to new places, meeting new people, learn some good things from every place.
2) Tummy: Something i like as long as it is in control. My tummy is good and not big. It has come to some shape in the last 8 years or so. I am not able to lose my little tummy through my normal, homely work-outs although.
3) Television: I love TV especially to watch sports like cricket, tennis, F1, CNBC. I don't think, i can live with out TV at this point of my life.
4) Tunes: Music is what i relax with. Any type of music, genres are good as long as they are little creative than monotonous.
5) Tiny Tots: I love them. The way they look, talk, smile, laugh, feel, smell – I love everything. I just love the feeling when a child talks to me, or places his/her little hand in mine, or takes my lap - completely trusting me.
6) Taste: I eat only for taste. I don't care how much calorie it has. I freak out as long as i like and it taste good on my tongue / mind.
7) Tricks: I love watching tricks performed in TV shows like a kid even now. Fascinating !
8 ) Typical: I don't like being "typical" being. I want to be a practical in my approach to carry out my life.
9) Two to tango: means that two people in a fight are both responsible for that fight. So I look at life in this approach and practice restraint.
That’s all I could think of from ‘T’!!
Friday, April 17, 2009
Padmashree controversy
It is very sad that Dhoni and Harbhajan were not present during Padmashree controversy. It is one of the prestigious awards of the country and it should not have been taken for granted.
Nominating some one for receiving the awards is not an excuse and it is even worse than not present.
Bhajji was having lot of controversy - Money scandal, sreesanth slap; he should not got the award during this time, and despite that, he ended up ditching the honour - Very sad episode.
Nominating some one for receiving the awards is not an excuse and it is even worse than not present.
Bhajji was having lot of controversy - Money scandal, sreesanth slap; he should not got the award during this time, and despite that, he ended up ditching the honour - Very sad episode.
Wednesday, April 15, 2009
Satyam buy out episode - what lies in store
Satyam was an issue some time back., government intervened, superseeded a public company, nominated board members. The new board carried out damage control exercise, found the buyer, retained existing clients with continued service.
This is no mean achievement., and kudos to the new board.
What does it means to indian incorporate?
1. Tech Mahindra would end up borrowing close to 2000 crores to meet the funds requirement of buy out. It means, companies are willing to lend to credible borrowers.
2. Indians thrive on chaos - be it simple traffic or collapse of company. Management skills of indian managers deserves special mention during crisis.
3. Take the example of Enron / Arthur Anderson episode and compare with Satyam - The indian government took credible steps to ensure business continuity.
4. Top professionals take calculated risks and the respective boards support them. This is no simple step and indicates well being of thought process.
Let us hope we will go forward !!!
This is no mean achievement., and kudos to the new board.
What does it means to indian incorporate?
1. Tech Mahindra would end up borrowing close to 2000 crores to meet the funds requirement of buy out. It means, companies are willing to lend to credible borrowers.
2. Indians thrive on chaos - be it simple traffic or collapse of company. Management skills of indian managers deserves special mention during crisis.
3. Take the example of Enron / Arthur Anderson episode and compare with Satyam - The indian government took credible steps to ensure business continuity.
4. Top professionals take calculated risks and the respective boards support them. This is no simple step and indicates well being of thought process.
Let us hope we will go forward !!!
Monday, April 13, 2009
Tech mahindra bags Satyam
Tech Mahindra bags satyam for Rs.58 per share i.e 1750 crore. In my opinion, it is good for tech mahindra as they rely on single client business i.e British Telecom and it means risk diversification for the tech mahindra as a whole.
Some time back i predicted there may not be much cheer for shareholders as the bid price might not be in big premium to market price. Satyam moved up from Rs.40 levels to Rs.50 levels. It is likely to hover around Rs.45 to Rs.55 band until take over completion.
ET reported last week that Tech-M is withdrawing and they ended up having egg on their face ! Most of their recent scoop failed miserably and it is not good for their brand.
Some time back i predicted there may not be much cheer for shareholders as the bid price might not be in big premium to market price. Satyam moved up from Rs.40 levels to Rs.50 levels. It is likely to hover around Rs.45 to Rs.55 band until take over completion.
ET reported last week that Tech-M is withdrawing and they ended up having egg on their face ! Most of their recent scoop failed miserably and it is not good for their brand.
Saturday, April 11, 2009
April 14
Folks.,
Do you remember that DMK chief M Karunanidhi changed the tamil new year along with pongal?
By the way, you will still get holiday on apr 14th !!! Why?
Its bcoz of Ambedkar Jayanthi !!!
Do you remember that DMK chief M Karunanidhi changed the tamil new year along with pongal?
By the way, you will still get holiday on apr 14th !!! Why?
Its bcoz of Ambedkar Jayanthi !!!
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