The Facebook IPO has underwhelmed. US IPOs are first sold to any investor who can wiggle a favour from their broker, and then listed. The IPO was at $38 and ...
The USD-INR ratio has reached Voldemort levels, meaning you don’t talk about it anymore. While the RBI ref rate is still 54.88, the trading in the spot ...
From The Daily Beast, Quants, Derivatives and the Myth of the Rogue Trader: (HT: @ashenoya) Just what did these sorcerer’s apprentices do all day? The City ...
With this month having seen a big fall, and markets looking very haggard, are looking to see a big rally? I use an indicator – the net number of stocks ...
I write at Yahoo: The Drachma Drama Two years ago, there was a crisis in Greece, when it couldn’t pay back debt that it had taken. The government’s ...
Tatasteel fell below Rs. 400 on Friday, as it announced dismal results in 2012. With an EPS of just Rs. 4 for the last quarter of FY 2011-12, and a drop of 42% ...
The Speciality Restaurants Limited IPO has ended, with a 2.54x subscription. Most of that came in from institutions who demanded more than 4.6x what they were ...
With popular request (from Kaushik) I have updated the Market Cap to GDP chart for India. Market Cap is the total NSE Market Cap at the end of the month, and ...
Consumer Price Inflation has come in at a whopping 10.36% for April 2012. The March number has been revised marginally down from the first reported 9.47% to ...