The preceding story of Redback shooting for the moon is an example of the power of price momentum. Traditionally, price momentum trading was the province of day traders, who, as we have mentioned, would jump in and out of fast-moving stocks without caring what the ticker symbol stood for or what the company did. But [...]

The MTN saga is getting longer and longer and the deal is just not getting through. Earlier, Bharti – MTN deal was ruled out due to deviation of MTN from ‘in – principle’ agreement which is highly unethical for a conglomerate of such magnitude. And now, all of a sudden, Mukesh Ambani has jumped into [...]

Ranbaxy is no more an Indian company and second biggest drugs company of Japan has acquired 34% stake from Malvinder which makes it the subsidiary of Daiichi Sankyo. I am here not to discuss the economics of deal but truly speaking somewhere at the bottom of my heart, I am not so happy about the [...]

Finally, the alliance between Tata Teleservices and Virgin is made official and Virgin Mobile can have a pie of the Indian Telecom Market. Yesterday, Sir Richard Branson launched services in India in his usual charismatic and flamboyant style hanging from five star hotel, Hilton in Mumbai. He is known for his style and this event [...]

Q3 results of companies have started coming in. For those who wish to listen to analyst call of Idea Cellular Limited may dial under mentioned digits.
The Conference call is being hosted by Citigroup and will be initiated with a short discussion on the Q3 FY’08 results.
Dial in Replay number – 022 – 6776 3798

I am neither pro BJP nor pro congress but I am pro India and am supporter of any party which works on brining about reforms in India. I had always heard in the past and continue to do so that all the reforms the credit of which is enjoyed by congress were sown by Mr. [...]

Indian Telecom Industry is one of the fastest growing Telecom Industry in world adding close to 8 millions every month. But all is not well and finance ministry is not satisfied with the revenue posted by telecom which indirectly is affecting service tax collected by the government.
As you may be aware that tariffs in India [...]

Q2 Earning Conference Call alert for reliance Communication on Thursday November 1, 2007 at 5:00 PM India Time
Dial at
91 22 2036 0400 (Toll)
1800 30131313 (Toll Free for all reliance Numbers)
Mr. Anil Ambani along with other senior members will participate in the call.

There is good news for individual tax payers. The investment tax free limit for individuals will be raised to 150,000 from 100,000. The proposal is set forth in order to mobilize funds for infrastructure which needs an investment of $500 billion as earmarked in 11th plan. In order to bridge the deficit of $40 billion [...]

It is official now. I hope by now all of you are aware of the news – Hutch is now Vodafone. I was anxiously waiting to see the new advertisement of Vodafone and no sooner did I reached home yesterday than I sat glued to my idiot box. While ‘Pug’, the brand ambassador of Hutch [...]