As I was writing in my previous posts  Market Refuses to Fall Despite Increasing Greek and Chinese Problems , it was strange that the equity markets were’nt taking notice of the huge problems with the Greek debt and the associated domino effects. With the S&P downgrade of Greece to junk status and the Greek market […]

IBM crowd sourcing could see employed workforce shrink by three quarters Trends toward contract work and unorganized work forces has the potential to change the cultural,social and economic facets of our society completely. Exponential growth in  computing power and communication has transformed our society a huge amount already and will continue to do so How […]

While the European Debt Problems remains as messy as ever with conflicting reports of support from German and France,the world markets except for Greece refuse to take cognizance of the potential for global slowdown this time from Europe. Today China fell another 2% as the Chinese authorities try to clampdown the rising speculative tendencies in […]

After two junk IPOs in the last 10 days in the Indian markets another one has come up.As I was refererring to in my last post I thought Nitesh Estates was a really low quality offering but Tarapur Transformers really takes the cake. It is raising around 125 crores at 50 times P/E and more […]

How do people invest in Indian real estate is beyond me. They are almost impossible to value, are mostly embroiled in cases,have short operating histories and a lot of them have dubious managment.Let me elaborate 1) I have not found a single brokerage report from the “sophisticated” banks that give any decent way to value […]

Orient Green Power Ltd (OGPL), is planning to raise  Rs 900 crore to fund its expansion plans of raising capacity to 1000 MW by 2013 from the less than 200 MW now.Shriram EPC, Bessemer andOlympus Capital are the promoters of this company started in 2007 . From its website OGPL is a leading renewable energy […]