The jyoti of Shivajirao Patil

Please refer to the interview with Shivajirao Adhalrao Patil. Inexplicably, I feel touched by Mr Patil’s reference to Jyoti Ltd being a company that really supported him in the early years of Elmatronics, as his firm was called then. I myself was with Jyoti those days, although my department, electronics purchase cell under the PEC & relays division, had relatively few dealings than our R&D...

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Short-term Strength

The stock of Godawari Power may stay firm for a variety of reasons

Along with large steel companies like Tisco, one company with decent operating fundamentals to have shown significant price strength on our screen this fortnight was Godawari Power & Ispat Limited (GPISL). GPISL began as a sponge iron manufacturer and diversified into iron and steel, ferro alloys and power. It now operates...

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Warren Buffett’s Heir

He is being compared with Warren Buffett, has made $1 billion last year and is only 45

At 7.30 in the evening on Friday, 10th January 2003, successful value investor Edward Lampert was leaving his office when he was kidnapped by four people from the parking lot. They took him to Day’s Inn Motel, bound him in the bath tub, called Lampert’s wife, Kinga, playing a tape of his voice and demanded...

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