comparing the present position of techm and msat 1 for 6 is more fairer. The immediate future of satyam is better than techm as also the distant one. Any delay in court on merger ratio with a hint of better ratio will act as a spur for faster rising of msat cmp but in case of protracted fight without benefit YES the realisation of fair value under cmp will be unduly delayed....

In a way although my comment was a general picture of Corporates in India, it is Strange that RIL being as large a Company as it is is simply dependent on BP to guide it through the KG Basin Gas production fall. Yes the business requires expertise understanding, but shouldnt the company have focused on building expertise rather than acquiring it via stake sale ? It is not that they got KG Basin block 2 years ago, they have had it for so many years now, as soon as a discovery was made the focus hsould have been on building technology to ensure they are in a position to operate the Block properly.. I am unaware of the PetChem Business or Research Required for the same, but RIL has a huge size, a market leader should be the one investing in R&D of its business and not simply emulating Global majors.. RIL would have been worth a lot more if it had taken the right steps is what i feel. Last few years has been a story of an opportunity wasted both by the Country as well as RIL....

RIL will still fall to 600...

Dealy will be more harmful to tm and its management and promoters rather than m satyam. Think abt it....

Mr. Maxim, with due respect to you i just wanted to say one thing without RIL`s help there is no bull market in india even if world moves like a rabbit. that is how the structure and weightage is on the index. I`m waiting for buyback to be over to start accumlate.. to my knowledge do you have RIL in your portfolio....

One event can not be set as a benchmark for all others.. As i stated Re beyond 53 is oversold and will find its way back, but 53 is a fundamentally justifiable level in the present context. More than teaching people a lesson RBI wants to improve sentiment by spending minimal Forex. Also RBI has put infinite curbs by now speculative positions are far too low compared to actual $ buying and selling by importers and exporters now....

I am not able to recollect name , in 1997-98 an international business man bought huge quantity of indonacian currency and sold it suddenly ruining the economy of that country. What is the amount required to create such havoc in India any idea? ...

Maximji, First and foremost, April is by default a low base month for Imports. There is nothing to be joyous about it if you look at past 5 years track record it only increases after April. And in 1 month a Trade Deficit of 14 Billion $ with no Capital Flows by FII is HIGH very HIGH to fund... Wait for May Trade Deficit numbers.. The fall in Crude and Re is happening at the same time due to $ Strength globally vs all other assets as well ....

You think Bhus uncle is shorting the rupee in the currency market? i can see it falling more at night lol...

When i was in 6th std we wer hesitent to accept the fact economy of USA because 1$=rs 6 now with in 30 years 1$=Rs 60, ...

If one notice first co supported at 800 which was broken and then co suooerted at 740 for many days.That was broken and now co is trying to defend 680-700 base.Once this too broken in few days next support wl b extended to 630-650 and then at 600.After that BHAGWAN HI MAALIK HAI....

jai Any big co in petchem be it dow,Mitshubishi,Ashahi shell etc hv become big and innovative with R&D whereas RIL always depended on buying tech on one side and bribing to get favourable policies on other side.What is d fun of having world`s biggest ref at single place but not spending on R&D or innovating.Those cos who depend only on govt help can never b succesful co in long time.RIL is an classical case of having growth only on govt doles of policies without even an iota of innovation or vision....

Taking every thing and situation in total d ratio should hv been 7;1 instead of 8.5;1.Anyway there is no meaning in fighting as promotors hold max shares and any fight wl only delay satyam script to reach its real value which is almost double than current price.Let us move ahead with hope and more hope rather than fighting on split milk( ratio)...

Just look daily sell volumes( delivery)and co`s buyback.Yesterday out of 1513000 shares offerred for sale co was forced to buy 840000 shares to prevent crash.This is almost 56% of sale offer which is highest from d day buyback started.It clearly gives an indication that but for buyback RIL is headed for below 600....

In 1967 dollar was just Rs 5 and pound was rS 14.iN 1978 dollar was 7.80 in 1989 it was 16.But take yen in 1979 it was 3300 yen was just 100 Rs compared to same 3300 yen cost Rs 2100....

jai I was in Korea in 90s when similar fall of all asean currencies at a time.That was really psych and bhedchal not real fundamentals.I think it is same wt we r facing today for rupee.Yes u r right--RBI may want to teach a lesson to speculators first to allow them to take big positions and then hammer them with brutal force.We often see such method in share market too....

jai If we look at trade deficit in April it was lowest for last 12 months so simple export/import difference is not d real reason of Rs fall.Even FIIs has not sold in billions.So d reason lies elsewhere.If one notice Rs fall and crude fall is same percentage which in normal times is in inverse ratio.REALLY PERPLEXING....

jai I was in Korea in 90s when similar fall of all asean currencies at a time.That was really psych and bhedchal not real fundamentals.I think it is same wt we r facing today for rupee.Yes u r right--RBI may want to teach a lesson to speculators first to allow them to take big positions and then hammer them with brutal force.We often see such method in share market too....

ciroc For giving right reasons Y RIL wl go down from 2009 onwards I was subjected to personnel abuses on this board even terming me as traitor gangster,insane but I knew that a day of reckoning wl come to such boarder.But d most shameful act was enacted when another boarder defended such abuses.Yes now both r searching d 41000 crs puzzle for a solution for last 15 days but not finding any clue.If 41000 crs were invested in inventories hoping that crude wl rise further then this Q wl see not rampup of gas but RAMPDOWN of profits.Even otherwise co has become " other income" co.What a pity a co with more than 300000 crs turnover has to depend on other income for its survival.Can anyone find any big co whose other income exceeds real income from real business?This kind of cos can hv only bleak future.Also going for loans 5 times in a year shows that co is moving towards disaster.Since RIL is net importer depreciation of Rs wl put heavy pressure on it when d crunch time of these dollar loans payments becomes due.Investors hv seen d perils of running business with dollar loans by cos like Rcom,suzlon,GTL,plloyd,3i,.If more debts can ruin countries like Greece,Spain,Italyetc one can understand d effects of loans in d co....

since co normally dont buy in BSE figures given by me relates to nse only.I wl analyse these nos regularly so that investors r not misguided by just seeing daily figures of buyback only without real analysis....

If one notices for last few days that d % of buyback compared to no of sellers r increasing day by day.Yesterday it was almost 50% of delivery.This means that if co wdnot hv bought it wd hv crashed to 650.But how long co wl b able to support a falling knife with d DHHAL of buyback.It is common knowledge that ventilator can only delay d death cannot stop it.Same fate awaits RIL post ventilator removal.D big crash wl start once buyback figures reach more than 2.5 crs compared to 1.75 crs presently.May b by 10th of june.Co is in big dillemma if it wait for further huge fall post june result d crash wl occur now itself so it is forced to buy now though knowing fully well that post result it can buy below 600.Co thought that by announcing 870 as base price it wl b able to stop butchering but even in this gamble it failed and failed miserably.Where those who predicted 1500 and those who swore that co as its own pride of ESOP price of 742 wl defend 742 r hiding?May b buzy in counting their losses and begging to pay d margin money demanded by brokers....

Also read ril land holding is rs 2000/share other boarder write oh this is most conservative price--it is much more. What a back scratching of each other for such junkies. Besharmo ko kabhi sharm nahi aati. Wt happenned to 41000 crs --where invested? 61000+36000+20000-6000=70000 not 107000. New mathematics....