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14 Mar 2010 11:12

China wants US reassurance over dollar- AP

China`s premier expressed concern about the U.S. dollar and called on Washington on Sunday to take "concrete steps" to reassure Beijing about the safety of its huge Treasury bond holdings.

14 Mar 2010 11:50

Talks with Pak necessary to convey concerns on terrorism says India:
India today said the dialogue with Pakistan was necessary to convey its concern on terrorism emanating from that country.

14 Mar 2010 14:03

Go join osama bin laden then ur truth seeking brain will have realisation of an islamic truth. breed like rats and act like rats

14 Mar 2010 11:36


Dear DM,

How do you see the impact [on market from coming week] of rupee convertibility announcement by our Finance minister on 12March?


http: //ww w.dnaindia. com/money/report_india-to-gradually-move-to-rupee-convertibility-finance-minister_1358293

14 Mar 2010 04:25

Dear pranky, Delhi Daredevils beat Kings XI Punjab by five wickets.

Delhi is & will be winer all the way.

14 Mar 2010 11:58

I Believe...
That just because two people argue,
It doesn`t mean they don`t love each other.
And just because they don`t argue,
It doesn`t mean they do love each other.

18 Mar 2010 13:24

Life is a coin. You can spend it anyway you wish, but you can only spend it once."

20 Mar 2010 11:04

BLINDLY BUY

3i Infotech

Posted by : basit222
Price when posted : BSE: Rs 80.00 ( 0.00 % ), NSE: Rs. 80.20 ( 0.31 % )
View full thread (57 messages)

Tracked by: 0 Boarder

BLINDLY BUY FOR GREAT GAIN

15 Mar 2010 12:57

FPO

NMDC

Posted by : NAUGHTY007
Price when posted : BSE: Rs 347.50 ( -4.19 % ), NSE: Rs. 349.45 ( -3.67 % )
View full thread (51 messages)

Tracked by: 1 Boarder

the stock shd bounce after hitting low of 330 approx-though much will depend on nifty which shd rally any time now & tara is right to wait for allottment and hold LT

14 Mar 2010 11:46

one question p2e, does the stock has its own technical path, in relation to market as a whole or have its own.... chart....

14 Mar 2010 17:51

A former TVS employee`s mystical experience:

Quoting from the Net

It was the end of June, 1974. As per a recent agreement with the workers` union, the company was to dispense a semi-annual cash bonus along with this month`s regular pay allotment.

Our department`s job was to do the calculation of each employee`s bonus percentage. But two of our men had gone on leave. SVS was in a fix - how would all this work be finished before payday, tomorrow?

I bailed him out by working late, doing the jobs of three men, including the arithmetic, the counting of the cash and the sorting of the pay envelopes. Shortly before ten o`clock, the night watchman came by the office and looked in.

"How can you finish all this tonight? Is it that you`re not coming to work tomorrow?"

I brushed him off with a confident grin, assuring him that I was nearly done and there were no problems. Nodding, he ambled out. But his suggestion that I would not work here tomorrow sunk in.

Right then and there my determination to go on with life as I`d been living it crumbled around me. I`d been visiting as many as two prostitutes a day while keeping up a phoney mystical aura about myself. All I had done was make myself look ridiculous to Charulata, the only person who really mattered to me. Even Mum was fed up. And on top of that I was caged like a wild beast in the TVS organization. I wanted out.

I completed the work at ten. I signed the register for my own pay envelope and pocketed it. The watchman let me out of the building and through the security gate onto the street. I stood in front of the factory for a moment, gazing at its monolithic bulk that seemed to glow a sinister dull red under the harsh spotlights. "Not in this lifetime again", I swore under my breath.

Contd.

15 Mar 2010 12:48

Vishal Retail CDR

Vishal Retail

Posted by : pms.swastika
Price when posted : BSE: Rs 63.50 ( -0.08 % ), NSE: Rs. 63.85 ( 0.16 % )
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Vishal Retail CDR

Vishal Retail has informed that it Could not arrive at final outcome for Corporate Debt Restructuring (CDR), Next meeting to be on March 26.

Swastika PMS

14 Mar 2010 21:20
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Addressed to  abyphilip,  Dakshina murthy,  balconeyseat,  bharat in delhi,  bhusbhac,  BullSheetRules,  chief_kamani,  chokksin,  nadhi,  dipakgod,  emmawatsan,  karshin,  googol,  mep1,  hardip singh,  joetom,  Kalyanmitta,  KARUNAS,  lifaylon,  malini22,  mannish,  MALAYALI,  maximindia,  mohankumar1000,  naugtyboy,  netdo,  pandumanu,  pcspune,  bihariboy,  pitquote,  pms.swastika,  poorfellow,  genghiskhan,  marketman,  radhika_nandlal,  ramu.gurazala,  rudra_sinha,  SAJIMON-PALAI,  subasu,  optimist1000,  SM_1,  snack,  Udayan Mukherjee,  TrueCompanion,  Varner,  tara23,  victor08,  winwath

We begin wondering about the instability of many US banks vis a vis the Indian Banks - specially when we read periodic reports of failures of US Banks. Readers may go thorugh the following report in the ET dt 14.03.2010, citing reports from US :

"30 US banks bite dust in 3 months :
NEW YORK: American banking sector continues to grapple with failures and on an average, ten banks are closing down every month.

This year, 30 banks have already collapsed and the numbers are expected to rise in the coming weeks.

A staggering 184 banks have folded up since the bankruptcy of the then Wall Street major Lehman Brothers in September 2008.

Going by official data, four entities were shut down by authorities last week. Park Avenue Bank, Statewide Bank and Old Southern Bank failed on March 12 while LibertyPointe Bank collapsed on March 11.

The Federal Deposit Insurance Corporation (FDIC), which insures deposits at over 8,000 American banks, said these four failures would cost the agency USD 208.2 million.

Small and medium banks are hit the most, since high unemployment levels are resulting in rising defaults. Despite a shaky labour market, the US economy has been growing at a healthy pace in the past few quarters.

Eight banks have gone belly up so far in March. Last month, seven entities failed while the count of collapses stood at 15."

MY COMMENTS :
Readers may judge the efficacy of our banking system, which, by and large, has not only withstood the vagaries of worldwide economy collapse, but has also produced consistently excellent profits. A large part of the credit should of course go to the prudent norms set by RBI.

The only problem lies with our Politicians who periodically want even recoverable loans to be written off - not realizing what a banking collapse can mean to the country. That is one of the main reasons for PSBs trading at lower valuations than private sector Banks. Our Private and Public sector Banks are growing at a very healthy Rate right now.

15 Mar 2010 14:20

Pending LC orders

Concurrent

Posted by : ashu_82
Price when posted : BSE: Rs 19.65 ( -3.44 % )
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About 8K pending orders at LC... should I buy some more today or wait for tomo...?

14 Mar 2010 13:26

ALL is well with Mahindra Satyam, Race for top IT position has just begun.

Mahindra Satyam

Posted by : Varner
Price when posted : BSE: Rs 98.40 ( 0.20 % ), NSE: Rs. 98.50 ( 0.41 % )
View full thread (30 messages)

Tracked by: 6 Boarder

Have lot of patience and keep buying Mah Satyam, will be definetely be rewarded handsomely, let the figures be out.

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