I had earlier written about Seven Reasons for Not Subscribing to the Standard Chartered IDR based on a high level analysis.Going through the massive 811 page Red Herring Prospectus has reinforced by earlier thesis –  that subscribing to the StanChart IDR is not a great idea .In my opinion it would be a very bad […]

2010 has a very high probability of  being the warmest year since records have been kept from the 19th  century.Land Temperatures in 2010 are supposed to be whopping 13.3 Degrees Centigrade higher than the average temperature of the 20th Century.This follows a severe global winter in which Europe and China saw record low temperatures.Though there […]

Emaar MGF has been trying to do an IPO for the last 3 years without success.Recent news suggest that is has reduced its planned offering by 20% and may have to refile the prospectus the IPO with SEBI.Even other big real estate developers are facing hurdles as sentiment towards Realty companies has been extremely negative. […]

Europe has been recently been rocked by problems in Spain’s Banking sector as Spain’s central bank was forced to seize a Priest led  Bank “CajaSur” which was running huge losses.Spain has been facing increasing internal stresses led by a burst of the housing bubble and 20% employment.Its weak “Cajas” which are socially run banks are […]

The Indian government is fast tracking the process of choosing Investment Bankers for its proposed Rs 40,000 crore($8.5 Billion) divestment of state owned companies in the current fiscal year ( March 2010-2011) which would be  a 60% increase over last year. This comes in the wake of the big losses that investors of last year […]

India could join the elite ICBM club of 5 countries next year with the launch of Agni – V  whose design work has been completed and is on track for its first launch next year. Note India has a highly developed space launch capability regularly launching satellites not only for its own but also for […]