Venky’s to buy Blackburn Rovers

Blackburn have edged closer to opening up a new frontier in English football by becoming the first Premier League team to have Indian owners. The club confirmed that talks with the Venky’s conglomerate over a £46million deal are close to conclusion and a takeover should be completed next month. The price includes £25m to buy…

Of War Games & Defence Diplomacy

Indian armed forces have chalked out a stunning round of combat exercises with foreign forces over the coming several months to use “defence diplomacy” as a tool to bolster national security as well as promote strategic cooperation. Defence ministry officials say the 1.13-million Army alone has planned 14 to 18 exercises with countries ranging from…

Is Coal India, Reliance Power Reloaded?

The BSE Sensex was around 18000 when Reliance Power came out with its IPO in February 2008.  The crash that followed the listing brought the markets down to around 8000.  It was the bloodiest bloodbath i ever experienced as an investor in the market.  I took that opportunity to buy a lot of good companies…

Equity Updates – Asahi Songwon Colours

Sold off Asahi Songwon for a very good profit.  The below shown chart should give you an idea of how much the stock grew in the past 1 year. Also bought more stocks of MIC Electronics & Graphite India This year the dividend payout has been pretty good. Add to that bonus shares from both…

The biggest games of India begins today – Commonwealth Games

The wait is over. The complaints built up (courtesy our incompetent media). A few players stayed away.  When the players actually landed, they were astonished at the amount of misinformation and lies told to them by their own media back home.  Which was partly or fully supplied to them by our own homegrown media. Well,…

India grows 8.6% in Q4 and 7.4% for 2009-10

The Indian economy roared past estimates to post a whopping growth rate of 8.6% in the January-March quarter of 2010. The quarter’s strong showing also helped India end the fiscal year with 7.4% growth, beating the earlier estimate of 7.2%. Manufacturing led the way, with a whopping 16.3% growth in the quarter and 10.8% overall,…

India is No1 test team

With India playing only 2 test matches in the next 11 months, the ranking might not hold if South Africa manage to beat England and take the crown.  Still, its a golden letter day in the history of cricket in India.  For the first time ever, the Indian cricket team takes the crown of being…

Commonwealth Games 2010 baton passed to India

The Queen of England passing the baton to Indian President Pratibha Patil Suresh Kalmadi & Abhinav Bindra Shera, the mascot of 2010 Delhi Commonwealth Games Kapil Dev, Randhawa and Sebastian Coe with the baton Dancers performing in front of the Buckingham palace. Milkha Singh, Malleshwari, Sushil Kumar & Dilip Tirkey Commonwealth Games website +++

Are India & US preparing for the worst?

Too many exercises and co-operation in the defence field happening between the US and India these days.  Close on the heels of the armies of the two countries taking part in Yudh Abhyas 2009 at Babina near Jhansi, its time for the Air Force of the two countries to take part in Cope India 2009…

Free E Cards for Birthday & Independence Day Greetings

The whole concept of birthday and independence day is much appreciated and cherished only by countries that have at some point of time in their history be colonized by various other countries. For countries that have colonized others but not been occupied themselves like the French or British or Spain etc have never experienced being…

Anyone wants free advice?

The self appointed leader of the Hindu community in the US, Rajan Zed is on an advising spree for the past few months.  From advising Mischa Barton about sitar player gurujis to protesting about Playboy’s investments into India to rubbishing Vanity Fair on their list of best dressed celebrities to advising Claudia Ciesla to seriously…

IPL-2 starts with a bang

The second edition of the Indian Premier League started yesterday in South Africa with 2 huge upsets.  Last year’s underperformers, Mumbai Indians beat last year’s runner’s up, Chennai Super Kings. And in the 2nd match of the night, the so called “test team” of the IPL, Bangalore Royal Challengers beat defending champions Rajasthan Royals.  The…