In your interest.
Online Personal Finance Magazine
No beating about the bush.
Last week, SEBI triumphantly announced to the world that the Securities Appellate Tribunal (SAT) has, in fact, been fairly supportive of its decisions. The announcement was backed by an internal research paper that “tabulated the result of appeals preferred before SAT” from the year 2000 to 2006. The conclusion: 80% of SEBI’s orders have been upheld even if the penalty has been reduced in the...
The “True Lies” section on the media pretending to be helpless pawns and giving the impression as though promoters and directors work the rumour-mill and issue denials at their cost, points to a dangerous situation, especially when one recalls the earlier analysis of media companies including NDTV and CNBC helping themselves to large ESOPs obviously puncturing profitability and dividend...
Please refer to “A new bull market” (MoneyLIFE, 11 October 2007). It is human greed to make easy money that is resulting in a soaring Sensex, and it will continue this way for ever! The real worth of a company, in most cases, is much below its share price at the stock exchange. The stock market is, in fact, being manipulated by stock brokers and those who play satta in shares. The Sensex is...