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4403 ArticlesDeepak Shenoy

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Crude hits $125, India’s Fuel Cost Soars

In response to EU sanctions from July 1, Iran has already stopped providing oil to Britain and France. Yesterday, there were rumours of it stopping supplies to ...

Reliance Buyback: Only 10 cr. out of 10,000 cr. done

Reliance has initiated a share buyback for what is supposed to be a 10,440 cr. issue, at a cap of Rs. 870 per share. The buyback ends Jan 19, 2013, which is ...

Citi Sells HDFC Stake For $1.9 Billion

Citibank has sold it’s 9.9% stake in HDFC (not the bank) at 657.6 rupees – with 14.5 crore shares sold today in a block deal. Buyers include FIIs and a TV ...

Fidelity: We’ll Keep The Managers

I had written about Fidelity leaving (What to do about the In-Fidelity?) recently, and Manoj Nagpal has brought it to my notice (Thanks!) that Fidelity may ...

Chart Of The Day: “New” CPI Inflation at 7.55%

The first official Consumer Price Index (CPI) in the “new series” comes up, with the headline number at 7.5%. (Source: MOSPI) This is much lower than ...

A Hard Time For Kingfisher Airlines

Kingfisher Airlines is in trouble for cancelling flights, it seems. They have cancelled 50% of their flights on Monday (according to WSJ) and 50 pilots have ...

Alright To Be Wrong…When Investing

At Yahoo, I write about how it’s all right to be wrong when investing: In 1973, the Kreditbanken (bank) at Norrmalmstorg in Stockholm was attacked by ...

India’s Dangerous Fiscal Deficit

At Yahoo, I write on The Dangerous Fiscal Deficit Situation in India: While we are battered with news about abandoned babies, victories and then losses for ...

Chart Of The Day: Reserve Money Growth And Markets

“Reserve Money” is an interest aspect of our banking system. Reserve money is eventually multiplied into “broad money supply”. Reserve money growth has ...

What To Do About The In-Fidelity?

Fidelity Mutual Fund has decided to exit ops in India, presumably on six years of no profits. They manage assets of 8,800 cr. and there were a lot of posts ...