GalaTime

May 23, 2009

Crude Oil Break Out

Filed under: Uncategorized — Kaushik @ 10:06 am

BCA Research: Oil Breaks Out: Is It Sustainable?

December 17, 2008

Satyam & Maytas: Does Nagarjuna have anything to do with it?

Filed under: Uncategorized — Kaushik @ 10:56 am

Satyam decides to buy Maytas.

ADR falls 55%. Stock hits 52-week low on the NSE.

Satyam decides NOT to buy Maytas.

But then is there more behind this mess? Mint: Nagarjuna’s Raju sent to 14 days’ judicial custody

The chairman of the Nagarjuna group, K.S. Raju, and chief executive officer of Maytas Infra Ltd, P.K. Madhav, were on Tuesday sent to 14 days of judicial custody by a city magistrate at Nampally court here. The two executives were arrested on Monday following charges that Nagarjuna Finance Ltd has failed to return depositors some Rs100 crore.

Madhav was for nearly two decades finance director on the board of Nagarjuna Fertilizers and Chemicals Ltd during 1982-2001.

Maybe this is just a coincidence. Or NOT.

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