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Topic: RIL - Cold Hard Facts!

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Author	Message
shivkumar Senior Member Joined: 02/Oct/2007 Location: India Online Status: Offline Posts: 2037	Posted: 14/Jan/2009 at 12:10pm
	If a satyam like scam is uncovered, then you can imagine the size of the bailout!
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basant Admin Group Joined: 01/Jan/2006 Location: India Online Status: Offline Posts: 18403	Posted: 14/Jan/2009 at 12:36pm
	There are rumours of a US$ 5biliin loss in oil futures and Mukesh Ambani and Anand Jain at loggerheads over this. Can anyone confirm anything on this?
	'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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shivkumar Senior Member Joined: 02/Oct/2007 Location: India Online Status: Offline Posts: 2037	Posted: 14/Jan/2009 at 12:42pm
	RIL has issued denials via certain newspapers about the extent of the losses. One can only guess after seeing the results for the next couple of quarters. That way RIL is a very opaque entity and one would never know what the real profits and losses are.
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Hitesh Shah Senior Member Joined: 12/Oct/2008 Online Status: Offline Posts: 3656	Posted: 14/Jan/2009 at 12:45pm
	And it's currently up 6.8%. Strange are the ways of the market!
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Hitesh Shah Senior Member Joined: 12/Oct/2008 Online Status: Offline Posts: 3656	Posted: 14/Jan/2009 at 1:54pm
	One can see how PSU banks were subverted then. (Let's see what Satyam throws up.) Some of the mantris of the time are still pretty, pretty big now! And, since "we" want to protect the living and deify the dead (not just D.A.), it's not difficult to see why the book is banned!
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samirarora Senior Member Joined: 11/Jan/2009 Location: India Online Status: Offline Posts: 1037	Posted: 14/Jan/2009 at 2:50pm
	the book is available for easy download here too... http://www.scribd.com/doc/3924530/Polyester-PrinceThe-Real-Story-of-Dhirubhai-AmbaniBanned-in-India
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shivkumar Senior Member Joined: 02/Oct/2007 Location: India Online Status: Offline Posts: 2037	Posted: 14/Jan/2009 at 3:59pm
	good. are there any other books that investors can use that is available for easy download?
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stockwizard Groupie Joined: 06/Feb/2008 Location: India Online Status: Offline Posts: 67	Posted: 14/Jan/2009 at 4:03pm
	dear shivji, the copy was uploaded by me. I have a few nice reads on stock markets. I shall mail it through the google groups account.
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