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Month: October 2013

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NHPC Will Buy Back Shares at Rs. 19.25

NHPC – the hydropower PSU – will buy back shares in a tender offer, at Rs. 19.25 per share. Their IPO was in August 2009 at Rs. 36, a price I noted ...

Onion Charts Show We Have Highest Prices in 12 years

Onion prices have gone through the roof. But how high has the roof been in the past? A visual representation of the onion wholesale prices shows us we are at ...

FIIs Buy Lots of Equity, Sell Lots of Debt in October

FIIs continue to sell in the debt markets in India, while they shower money on equities. With more than 10,000 cr. sold in debt in October, FII flows are flat ...

RBI Collects $10 Billion from FCNR Window, But Uses it to Sell in Market

The RBI has announced that it has collected a phenomenal $10 billion through the FCNR dollar swap arrangement. The Reserve Bank has received till date USD 10.1 ...

The Biggest Venture Capital Sector Investment in India is…

Looking at Venture Capital in the last few years you would think the biggest investment in India would have been in Infotech, or in services (like Flipkart) or ...

SEBI was Told About FT Danger in 2007, NSEL Investors Being Probed Too

The Finance Ministry had noted, in 2007, that Financial Technologies, the owner of the defaulted NSEL, was potential not fit-and-proper for running a stock ...

Rajan Says Interest Rates Must Be High and Gold Imports Could Be Investments

In a speech at Harvard Business School, RBI governor Raghuram Rajan tells us a story: In part, India’s slowdown paradoxically reflects the substantial fiscal ...

Akshaye Khanna Gets 100% Risk for Trusting “Double Your Money in 45 Days”

Actor Akshaye Khanna has been “duped” of Rs. 50 lakh by a couple that promised to double his money in 45 days. (HT @madmanweb) Actor Akshaye Khanna has ...

October Has Been the Month for….Realty

THe Nifty is up nearly 8% in October and there are 10 days left! You might think housing prices have stagnated, or gone down. But October’s given a huge move ...

Weekly Summary: The Unbelievable Rally, Videos, Ask Capital Mind, IIP, CPI and WPI Charts

Having been out of town, this one will contain two weeks worth of posts Video: Buckner Says Hyperinflation Could Come Soon in the US Here’s David Buckner in ...