
It is now almost certain that a worst-case-scenario will unfold from Ricoh India, a MNC stock once backed by super-savvy investors like Ramesh Damani and Kenneth Andrade. Investors are trapped, with no escape route in sight
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
NAMO has been flayed by the intelligentsia for the handling of the JNU-Kanhaiya affair and the EPF-tax fiasco. However, it is possible that both of these issues are actually red herrings designed to distract the opposition and divert their attention from more pressing issues. The ace stock pickers also appear to have fallen victim to NAMO’s gambit
Raamdeo Agrawal has issued the clarion call that investors have to stop worrying about petty issues and focus on the long term. He says that India is poised to grow from a $2 Trillion economy to a $10 Trillion economy by 2030 and that investors will make tons of money from stocks. This will happen even if Rahul Baba comes into power is his confident assertion
NAMO (and his team of Smriti Irani and Arun Jaitley) has achieved the dubious distinction of uniting the entire opposition against himself owing to the clumsy manner in which the JNU and Vodafone matters are being handled. The international community is now looking with distrust at the Country and wondering whether their investments are really safe here
Madhusudan Kela, one of the most inspiring commentators on the state of the stock market, has come out with all guns blazing to assuage our frayed nerves that doomsday is nowhere in sight. He has explained the present crises situation in its proper perspective and strongly advised us to take advantage of the bargain basement prices and buy top-quality stocks
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