at it differently, MCX’s financials also show that its technology charges were always relatively higher compared with other exchanges. According to a 24 March report by Ambit Capital Pvt. Ltd, MCX’s technology expenses have ranged between 16% and 21% of revenue in the previous four financial years, while they were
3.10 PM May 3rd 2014
Ambit Capital says Following its own advice that portfolios be tilted towards cyclical, value and small-cap stocks, Ambit has also revised its model portfolio slightly by replacing stocks like Cummins India, Torrent Pharma and Shree Cements with stocks like ONGC, TVS Motors and MindTree.
3.00 PM Apr 29th 2014
items under those are ALREADY SEGREGATED AFTER FORENSIC AUDIT ETC under provisions or suspense a/c. TECHM SIMPLY HAS TO EXPEDITE RESULTS one way or the other , OTHERWISE accrual basis will be suspected giving credence to ambit capital claim of window dressing. LETS HOPE THEY emulate the biggies
1.53 PM Apr 24th 2014
That is what ambit capital complained (i had posted in this board) that they are following indian GAAP and not US GAAP. So if they want to list in nyse they have to adopt US GAAP. GAAP stands for generally accepted accounting principles. While adopting indian gaap is perfectly legal US gaap
11.10 AM Apr 16th 2014
Source:Economic Times - In a chat with ET Now, Saurabh Mukherjea, CEO, Institutional Equities, Ambit Capital, shares his views on the Infosys Q4 numbers. Excerpts: ET Now: Three things as an analyst you would be mapping from Infosys numbers with a magnifying glass. Apart from looking
4.17 PM Apr 15th 2014
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