Friday, February 6, 2009

BoE cuts rates

Bank of England slashed interest key rates by futher 50 BPS to 1% which is lowest ever.......while ECB( european central bank) kept ther rates unchanged.....

thought questions wer raised regarding BoE's move as the inflation is at around 3% but BoE's target is 2%......so reducing rates is conunter to that....but BoE has said that fall in taxes and food articles price would itself drag inflation down......

Thursday, February 5, 2009

New CEO for Satyam

AS Murty has been appointed the new CEO of the Fraud hit Satyam com.He is a Satyam veteran working since 15 years in the company......

Sunday, February 1, 2009

Where have all the "BULLS" gone?

In the current period of recession,it is very difficult to spot any bulls and the market seems 2 b bearish 4ever.The question of prime importance is whether stocks like Satyam ,Unitech ,Aptech and many others will b anywhere near even 1/3rd their highs after the market stabilises a bit.

Promising Stocks

PLease post the names of some good stocks that u think are indeed very promising and can fetch excellant returns.I feel Unitech and UCO bank are 2 such stocks.

Just BOOKS

Hey guys?Post the name of a good book that u have read recently....also try to post the epitomy of the book.

I recently read "Stay Hungry,Stay Foolish" by Rashmi Bansal,an alumini fromIIMA.Its a book about the success story of 25 IIMA aluminis who went out to start their own business. .

Any "SCAVENGERS" out here??????

Are u a scavenger feeding on the beleaguered Satyam???If yes,then post ur profits till this day since u bought the shares.I got many shares for Rs 18 and am anticipating the price to go up till about 70 from 55 on Friday.........................though the co-founder, Manrag has sold his shares and is sitting on "FAT" profit!

Friday, January 30, 2009

recruitement blues.....trun of IITS

The placements across IITs are on...but thsi year its a kind of preposterous situtation.......normally the season is ove by march ..but this time it is expected to go to june..........Currently 60% of students across IITs are waiting to get job offers.......jsut killing itme........IIT Kharagpur invited 2000 companis but till nwo only 230 have come...., IIT kanpur till now has placed only 46$ of its students......IIT madras 1000students are still to ge tany offers.........The experts say that it s all because of ongoing turmokil in global economy and financial crises and slackging demand ...cost cutting...

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