Investor's Corner
THE CURIOUS CASE OF PAREKH ALUMINEX LTD.
Among the numerous con tricks that some public listed companies play, this one takes the cake. It gets this award for three reasons – for the magnitude, for the long duration that the fraud carried on and for duping investment banks, prominent research houses, brokers and even prestigious magazines. Had it not been the death of its CMD, Am...
MoreSTOCK MARKET VOCABULARY
Here is the list of popular and commonly used words/abbreviates in the stock market and what they actually mean (humorously of course) : PE - Plunge Endless EBITDA - Exit Before It Tumbles Down Again QIB - Quixotic Indian Blund...
MoreHOW Rs.10,000 BECAME Rs.500 CRORES
Mohammed Anwar Ahmed, 60, resides in the sleepy town of Amalner in district Jalgaon, Maharashtra. His father owned a large farmland in the 1970's. The father's untimely death in 1980 left the four sons to lead different paths in their lives. They sold the land and divided the proceeds of Rs.80,000 equally among themselves. Mohammed, the...
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