Alternative Medicine

Fortis Healthcare was a diversification move launched by Parvinder Singh who founded the Ranbaxy group. His sons started ramping up the business, when the going got tough for Ranbaxy in the pharmaceuticals business. The focus became sharper now that they have exited from Ranbaxy. The idea is to set up a chain of world-class super speciality hospitals linked to a larger network of ...

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Fake letters, deliberate rumours and vicious bad mouthing of a company or its management are not new to capital
markets around the world. That is exactly why regulators invest in expensive software to track price manipulation and frame regulation to nab the culprits. Even by these dirty standards, what happened with Pyramid Saimira is rather bizarre for the number of players involved....

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Market Outlook (15 Jan 09)

In the previous issue, we had forecast that it was time for a brief
relief rally, which would fizzle out. This is what has happened. On 5 December 2008, the Sensex ended at 8,965 and then rose to a high
of 10,099 in the week ended 19th December. At the time of writing, the Sensex has declined to 9,566. We had also suggested watching out for support at 8,700, which the Sensex did not...

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