
Amar Ambani of IIFL has evaluated the Q4FY16 performance of several stocks and given buy/ sell recommendations with price targets
In a shocking blow to the confidence of petty investors, a MNC which was highly lauded for its corporate governance and which was backed by visionary stock pickers like Ramesh Damani and Kenneth Andrade has grudgingly admitted that its accounts are not “true and fair” and that a fraud appears to have been perpetrated
Saurabh Mukherjea, the whiz-kid from Ambit, is proving to be a tough nut to crack. Despite the general mood of optimism in the economy, he stays adamantly bearish. He has warned that several aspects of the Indian economy are “misfiring” and that one good monsoon will not turn around the Country’s fortunes
A research analyst who sought to make quick money by taking advantage of insider information is in serious trouble. His attempt to avoid detection of his insider trades by using his mother’s account has come a cropper. He has now not only to refund his ill-gotten gains but also faces serious criminal charges
MNC stocks are supposed to paragons of virtue and corporate governance. However, a MNC stock backed by stock wizards Ramesh Damani and Kenneth Andrade has sorely disappointed and caused immense grief to its investors. Luckily, Ramesh Damani may have made good his escape though Kenneth Andrade’s IDFC MF is left holding the can
The GST Bill is seen by experts as the single biggest reform which will propel India into the stature of a global powerhouse and lead to untold riches for its investors. Unfortunately, SoGa and RaGa have so far torpedoed all attempts by NAMO to usher in the revolutionary reform. Luckily, the duo will be unable to wield the same influence in Parliament by July 2016 and NAMO will have his way is the confident prediction of Ridham Desai of Morgan Stanley
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