SUMANSPEAKS | ESTD 2006 | CAPITAL MARKETS INTELLIGENCE JUNE 2025 | MACROECONOMICS & GLOBAL FINANCE SumanSpeaks Independent Capital Markets Intelligence · Estd 2006 sumanspeaks.blogspot.com Macro Currents | Currency Architecture | Geopolitical Finance The Multipolar Currency Dream Meets Economic Reality Why the rupee's march to global trade currency status will be measured in decades, not headlines Much has been written about the emergence of a multipolar currency system and the gradual erosion of US dollar dominance. The narrative is undeniably seductive: greater monetary sovereignty, reduced exposure to American sanctions architecture, and a s...
Mindless acquisitions by SEL Manufacturing Company Ltd
Now the questions is: why is SEL Manufacturing Ltd wanting to imitate, Dr.V Mallya, of Kingfisher Airlines? How are hotel business and aviation business related to the Textile business in which it has got expertize? Is it not like chasing the wild goose in the hope of eating different meat? Does it have any prior expertize in running hotels or airlines? If no then why waste shareholders' fund in vain pursuits?
The company does not bother to reply to the queries raised by the shareholders. Also, on their web-site you would find only one telephone number. A company which is going for Rs.7000 Cr investment in Madhya Pradesh, is having only one phone number!! Can you believe?
Yes, I believe, it sends you message that, "Hey man, don't dare to poke your bloody nose into what we are doing----we care a damn to answer you". But alas, neither are our Company Laws Equipped nor is our regulator ready to take tough stand against such "UNHOLY" promoters.
The company does not bother to reply to the queries raised by the shareholders. Also, on their web-site you would find only one telephone number. A company which is going for Rs.7000 Cr investment in Madhya Pradesh, is having only one phone number!! Can you believe?
Yes, I believe, it sends you message that, "Hey man, don't dare to poke your bloody nose into what we are doing----we care a damn to answer you". But alas, neither are our Company Laws Equipped nor is our regulator ready to take tough stand against such "UNHOLY" promoters.
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