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Month: May 2008

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Oil prices hit $124, How Will It Hurt?

So Oil Prices are reaching $124 and showing no signs of stopping. Means they will stop pretty soon, and reverse direction, because everyone and his uncle is ...

IOB sells land to itself and rents it back

From Business Standard: Chennai-based Indian Overseas Bank is planning to sell its properties to self-promoted special purpose vehicle, thus realising the ...

Interviewed by Kamla Bhatt

A quick note to tell you I’ve been interviewed by Kamla Bhatt about Moneyoga. Here’s a link to the interview: Deepak Shenoy: Entrepreneurship Is ...

This Week's Random Conspiracy Theory

…is that the RBI will not let the dollar devalue against the rupee, regardless of inflation figures, until May 22. Because that’s the day the ...

Buffett Crosses Over To The Other Side

I often hear people quoting Warren Buffett saying “Derivatives are weapons of mass destruction”, and thus, that derivatives are ultra-horrible, a ...

Reliance Power Parks (Some?) Money In Reliance Mutual Funds

From Moneycontrol: (Hat tip: Samarth) Reliance Power Ltd, which raised Rs 11,562 crore in its IPO in January last, has temporarily parked almost the entire ...