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Month: January 2008

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How I Made Money From The Crash

Now I’m getting off the soap box to tell you what I did. I drove from Bangalore to Mumbai, where I am today. I drove on Friday the 19th, and on the way, ...

The Market Has No "Godfather"

This has been an incredible 10 days. I watched as things unfolded slowly but surely, in the downward direction. To be honest, it wasn’t unhappiness ...

ICICI Bank Results – EPS Growth is 2%

So ICICI Bank has announced it’s 3rd Quarter Results. What they highlight: Net Profit up 35%, Interest Income up 32%, Deposits up 33%. What I would ...

Of Crashes And Travels

I’ve been involved in moving to Mumbai – so no posts for the last few days. Today I am in Hubli, and preparing for tomorrow’s drive to Pune ...

Infy Q308 Results – EPS growth 22%

Infy’s Q308 Results are out: (all comparisons are year-on-year) Revenue up 17% to 4271 cr. (consolidated). Net profit is up 25% to 1231 cr. (from 980 ...

Infy Options: Action In The Calls

Infy results are out tomorrow and there seems to be substantial action in the call options of the stock. The 1710 call open interest has nearly doubled in a ...

U.S. Horror Stories and Rate Cuts

Capital One, a credit card issuer in the US, cut earnings in a call today: The company said it now expects charge-offs of about $5.9 billion in 2008 amid ...

Do we NEED a recession?

I’m moving to Mumbai soon, and have just returned from a family trip to Mumbai and Delhi, back to Bangalore. This post is not going to talk about ...

Subprime Hits India

From Rediff: State Bank of India, ICICI Bank , Bank of Baroda and Bank of India are set to book mark-to-market losses on the exposures of their foreign offices ...

Minformed Investing?

An article by Will McClatchy blames SEBI for being anti-foreign investors. (Hat Tip: Manish Jain) The top gaining exchange-traded fund of 2007 is going out in ...