Other Denials

Gokaldas Exports denied a media report that the Blackstone group is in discussions with the company about possible delisting saying it was ‘purely speculative’ and there was ‘no such discussion in the Board’. Well, boards do not initiate discussions, they usually ratify them, so we will wait and watch.

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Stay the Course

More gains may be coming                                                                           Amid tonnes of irrelevant information hurled at us by newspapers, magazines and business TV channels, I noticed a major piece of news the other day which corroborates the bullish line we have been advocating. Apparently, domestic insurance companies will pump in more money into the market in...

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Stand Up and Fight

There are active support groups to fight government harassment

Ever so often MoneyLIFE receives queries that have no easy answers. Unlike grievance redressal, in which we have a high degree of success, thanks to the cooperation of market intermediaries and regulators, queries pertaining to government revenue agencies have no quick-fix solutions. Each individual has to resolve her/his own...

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