Skip to main content

Posts

Showing posts from January, 2009

Small Time Investor, Watch Out.!!

After Harshad Metha, Ketan Parekh, Ramalinga Raju etc... what should small time investors should look before investing there hard earn money?. 1. Most of the indian companies are linked to different political parties. Before investing into any company, check for political nexus between the founders or Company directors. How would one check for the same?;  Check for each and every individual director or promoter's  profile. If you feel any political contact in terms of relatives,kith, kin and anybody directly or indirectly related then , be very careful.  Secondly, Check is that political party is in power ?; Is any elections coming up, it could be national, state or even by-elections. Because investor's money could be siphoned off for election campaining. Thirdly, Check how is the company getting projects?; Do they have any unfair advantage?. if so, then do not invest in these kind of companies, even if you have slighted amount of doubt. Some might argue that you could make g

Satyam Fiasco

Today i was reading the news of Satyam, i am really disappointed about an Indian company going down literally in couple of weeks. All the effort of  50,000 odd employees and years of  hard work by them went into drains in no time. if you look into this issue little deeply and look at ev ery Indian you would see lots of hypocrisy, aberrations and unfaithfulness in  every walk of life. I do not want to generalize but the majority of them are that way. I would like to quote few examples within India Inc , politics, films, Bureaucracy and others. India Inc. 1) Ramalinga Raju tried to buy maytas only because his sons were the promoters of maytas.  The father was prepared to throw away all his reputation just for his sons. And did not care about 50,000 people's life. 2) Wipro chairman removed Vivek paul as CEO. As per the speculations Ajeem Preamji wanted to bring his son as CEO. Again father son fiasco. 3) Infosys made 1 billion in just 1 quarter sometime in year 2007. Is anybody listen