It was Coke alongwith IBM as i have heard.....those were the great days of shri shri George Fernandes......But then I know of people who made so much money upon the listing of indian subsidiaries of foreign companies that they turned their life the whole circle. The foreign companies dont need investors money.....and thats why they are least interested in jacking up prices. Its sheer disgust that you are getting an alfa laval at a price lesser than that of Texmaco when the kind of technological expertise alfa has can easily put a texmaco to a shame. also consider that if a sector does well, all the MNCs in that sector generally do far better than the domestic counterparts. look at larsen, look at ABB, look at siemens, look at cummins, look at areva. so to say they are dogs is also not factually correct.  

I think TEDdies should take a look at Suven Life Sciences. They are quietly accumulating patents and signing deals with major drug manufacturers. Just because their revenues are in dollars doesn't mean the market should whip the pants off them. Still for us contrarians, I think it makes for a nice buying opportunity.....

Comments please

Which of the stocks on TED XI will fall the sharpest when the correction begins in a few hours from now?

Will it be PRIL which has reached the cap on FII holdings and now has a P/E of 130.32?

Or will Dish TV flying only on hopes with not a single penny in earnings slip to single digits?

Can the HDFC twins with PE of 44+ rally domestic support to make up for the big void caused by overseas investors churn their Indian portfolio to fill in their margin calls?

As their prospective suitors - HSBC, Barclays, Citigroup and Goldman Sachs struggle to stay afloat in a sea of sub-prime sharks, who will wed the parayaa dhan Axis and Yes banks? Both will be sitting all dolled up waiting for their betrothal in 2009.

Will bargain hunters stalk the Media mavens - ENIL and Network 18 as they shed the flab grown around their middles these past few weeks?

Do I see the beginnings of a snug smile on the faces of Titan and Financial Technologies as the prospects of a rupee rendered weaker by dollars fleeing Indian shores prop up their chances in export markets?

Let the guessing games begin then.....

Hi Mr. Shivkumar,