Investing in Real Estate stocks is fraught with high risk because its almost impossible to value these stocks in this sector given the total lack of trut in the financial statements published by these companies.Even “reputed” companies in the real estate sector find themselves being raided by government authorities with alarming regularity.Regular dealings of common […]
Indian mega industrial groups led by Ambani brothers decided to rescind their non-compete agreement which allows oil and petrochemical giant Reliance to enter the financial,telecom and power sectors.This deal is much more beneficial to Mukesh Ambani led Reliance Group then Anil Ambani’s led ADAG Group.This deal came about after ADAG lost a gas supply dispute […]
The US Government needs a Reality Check about who is leading the world in Clean Energy.While the US Commerce Secretary thinks that the US might lose the clean energy leadership to China , I think they might already have lost it. The following US utility Duke Energy statement seems to corroborate my opinion. “China is […]
The sharp appreciation of the yuan against the Euro and the other currencies would make China think of depreciating the yuan against the dollar rather than expectations of appreciation by most non-Chinese Countries.The 15% Euro depreciation due to the Greek Contagion has had a devastating effect on low margin Chinese companies which run on paper […]
Huawei and ZTE have been in the eye of a storm with the Indian government banning these companies from selling telecom equipment in India due to security concerns.Note the relations between India and China have never been cordial with a war being fought in 1962 between the two countries and China continues to generously aid […]
Indian companies Fear Foreign Competition Indian companies raised a massive hue and cry against the Indian government’s draft to allow foreign made modules to be used in construction of solar power plants. India has a target of building 1000 MW by 2013 under JNNSM which impiles almost 9000 crores or $1.8 billion in potential business […]