Monthly Archives: January 2008

On the Reliance Power IPO and the Indian IPO Mkt in general.

Posted on January 31, 2008 by

Anil Ambani Group firm Reliance Power, is expected to complete the allocation of shares tomorrow and commence refund of excess application money (about Rs 1 lakh crore) on February 1. Successful retail applications in the IPO would get about 15 … Continue reading →

Posted in India, Investing, IPO, Markets, Mumbai, Random Thoughts, Reflections | 16 Comments

On the Stamp paper scam

Posted on January 31, 2008 by

Abdul Karim Telgi faced the judge from a TV screen on Wednesday to hear the verdict in a fake stamp paper scam case. Special judge N Velu handed out a 10-year rigorous imprisonment sentence to the key convict, who is … Continue reading →

Posted in Corruption, India, Life, Mumbai, Politics | Leave a comment

Vigilante Action or an Act of desparation?

Posted on January 30, 2008 by

This appeared in the Mumbai mirrior today On Monday, over 200 residents of five apartments at Teen Haath Naka in Thane introduced a new form of mob rule when they pulled down six illegal shops that had come up on … Continue reading →

Posted in Human Rights, India, Life, Mumbai, news, Politics, Random Thoughts, Reflections | 7 Comments

Inflation in India is ‘artificially suppressed’ says the RBI

Posted on January 29, 2008 by

Finally the cat is out of the box , the RBI did some straight talking and outed a well known secret, in its third quarter review 2007/08. Reserve Bank of India (RBI) on Monday said inflation in India was artificially … Continue reading →

Posted in India, Investing, Markets, Mumbai, news, Random Thoughts, Reflections | 8 Comments

Chilled and Loving it

Posted on January 26, 2008 by

Mumbai had an extremely terrible and excessively hot summer. Worse the October heat stretched on till almost mid November. For the average Mumbaikar winter means a max 15 *c low at night. I was pleasantly surprised by this so called … Continue reading →

Posted in India, Mumbai, news, Random Thoughts, Reflections, Trek n Travel | 9 Comments

L’anti Kamasutra!

Posted on January 26, 2008 by

Something interesting, Actually it is an oldie from Youtube but still worth a watch PG-13 so u better have a login.

Posted in Humor, Life, you tube | 5 Comments

Mad about the bull…

Posted on January 24, 2008 by

The continuous meltdown in the BSE or Bombay Stock Exchange, and the fall in the Sensex has people rattled. With margins sky high and stocks fluctuating wildly operators who are sitting on the sidelines are now pinning the blame of … Continue reading →

Posted in India, Investing, Life, Markets, Mumbai, news, Politics, Random Thoughts, Reflections, Uncategorized | 4 Comments

Manic Monday in the Indian Stock Mkts!

Posted on January 21, 2008 by

 Markets are half a percent away from a 10% fall for the NSE or National Stock Exchange which will go into circuits if it falls further to 15%, Sensex a mindboggling 1670 points at 2.47pm. It is indeed a record … Continue reading →

Posted in India, Investing, Markets, Mumbai, news, Politics, Random Thoughts, Reflections | 3 Comments

World Markets Crash due to Recession Fears?

Posted on January 21, 2008 by

Looks like the world mkts are crashing due to the fears of the US recession and continuous negative data flow. There has been sustained selling in the markets worldwide for the whole of last week, and things are not changing … Continue reading →

Posted in India, Mumbai, news, Politics, Random Thoughts, Reflections | 14 Comments

After the Mumbai Marathon 2007

Posted on January 21, 2008 by

Today was the day of the much hyped and publicized Standard Chartered Mumbai Marathon 2007. People, including the young Mr Balse (who always sticks strictly to his schedule like clockwork) featured in the Times of India ran, the Kenyans won … Continue reading →

Posted in India, Life, Mumbai, news, Politics, Random Thoughts, Reflections, Travel | 3 Comments