Finally Satyam will have Tech Mahindra as its new owner

Hats off to the government for doing the right thing right the first time in the case of the Satyam scam. The government moved fast and took advanatge of the existing laws to save jobs and the company. Finally, today Satyam will get its new owner – Tech Mahindra. Today, I can say that I am proud of my government ( a rare occassion). They deserve a pat on the back for taking prompt decision. This is the first time the politicians have thought about the citizens of this country.

Think before you leap to invest in Vijay Mallya companies

It seems Vijay Mallya (VM) has taken on huge debt to fulfill his expansion plans. His Rs. 6900 crore debt story is as follows:

SEBI asks promoters to reveal pledged shares information

It seems that after the Satyam fiasco, SEBI is asking promoters to reveal information about pledged shares. I do not think that this step will do any good. Promoters will reveal the information and after some time people will forget about it.