Dr Manmohan Singh’s Arrogance, Corruption, Inflation will bring down the Congress Government – MidTerm Polls Inevitable

So much do we hate to write about Politics here, but our Political Class have come to believe that quest for growth and the need for equity are mutually exclusive. It has escaped eminent attention that without growth there will be only poverty to distribute.

The Deadlock over the Coal Scam continues in the Parliament with Dr. Manmohan Singh having no signs of guilt and sticks to his arrogance which has given nothing but High Fiscal Deficit, Inflation and (more…)

Morgan Stanley Downgrades India GDP Forecast – Stagflation is Reality

India, one of the best emerging markets from 2001 and the Gateway for Global IT has suffered a serious setback under the Congress Government for continued Policy Paralysis and the unearthing of Series of Scams [2G, CWG, Coal Mining, etc] never heard of in Global History of such massive and rampant corruption yet the tolerant citizens of the Nation toiling hard for survival. Amidst this background, the government is nothing but arrogant and the super weak Prime Minister is a miserable leader to head India Inc.

Morgan Stanley just a while ago downgraded Indian GDP growth expectations from 5.8% to just 5.1% for FY 2013 and from 6.8% to 6.1% for FY 2014. Morgan Stanley cited the following reasons for the downgrade, (more…)

Bajaj Finserv – Rights Issue – Subscribe and Stay Invested

Bajaj Finserv is doing a rights issue priced at Rs650 /share which would translate into Rs9.4bn. The company would be issuing 1 share for every 10 shares. According to the management the proceeds would be utilized for Bajaj Finance’s capital requirements. The record date has been fixed to 8th September 2010.

Bajaj FinServ’s life insurance business has posted APE growth of 30% in 1Q vs the industry’s flat growth, mainly driven by distribution channels and an exceptional (more…)

Impact of JSW Ispat Merger with JSW Steel

JSW Ispat has been merged with JSW Steel. While the transaction will be completed by end FY13, the merger will be effective from July 2012. JSW Ispat shareholders will be issued one share of the merged entity for every 72 shares of JSW Ispat. With this transaction, JSW Steel‟s outstanding shares will increase from 223m to 241.7m.

For Ispat, of the Rs3.5-5 bn of synergies from the merger, Rs2.5 bn is expected to come from interest cost (more…)

HouseHold Savings in India Hit a 22 Year Low – Courtesy High Inflation + Bad Governance

It is a matter of great concern that Indian Household savings in Financial Products hit a 22 Year Low due to sustained High Inflation and Poor Governance of the Dr. Manmohan Singh Government embroiled in the Greatest Corruption scandals in the World.

This shift in composition is not surprising. In a continuously 3 year high inflation (more…)

Congress Leaders + Manmohan Singh Questioning CAG is Arrogance – Leading Nation Wrong Way

Readers, bear with me as this post is non-investment related, but essential since the basic integrity of every Indian will be questioned because of irrational behavior from esteemed men holding top offices in the Government of India.

Dr Manmohan Singh, Honb’le Prime Minister of India in my opinion has the best chance to take (more…)

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