The story is that Ranbaxy promoters are selling their (nearly) 35% stake to Daiichi of Japan. The price is Rs. 737 per share and reflects a big premium on the ...
FIIs are selling out big time. For 2008, the figure is an astounding 19,000 cr. with 5,000 crore exiting in may, and 4,000 cr. in the first nine days of June. ...
From Bloomberg: Citigroup Inc., Merrill Lynch & Co. and UBS AG may post losses of $10 billion on bond insurance after MBIA Inc. and Ambac Financial Group ...
The ABX HE indices, which basically shows prices at which home asset backed securities are quoting, are sliding downwards again. This is the ABX-HE-AAA-07-2 ...
In an article on NDTV, Amit Varma (of India Uncut fame) writes about how the new cricket craze, IPL (Indian Premier League) can be absolutely random. I’d ...
Samarth Modi, who I’ve been having an email conversation with over all things investing, let me know recently that there were no capital gains exemption ...
Before I start my theory about Subprime Phase 3, I want to clarify one thing. Everything I mention here is a short term opinion on where things are going. That ...
After Phase 1 of subprime in Aug 2007, and Phase 2 in Feb 2008, we are now going into Phase 3 of the crisis. I’ll explain later about why I think so, ...