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SumanSpeaks Capital Markets & Geopolitical Intelligence  ·  Estd 2006   Insolvency Law · Corporate Accountability When the Law Works Exactly as Designed — And Still Feels Wrong ₹22,006 crore in personal guarantees. Settled for ₹6.5 crore. Approved 80.81% to a minority that included two public sector banks — with the tribunal's own bench divided before a tie-breaking member stepped in. Subhash Chandra (Goenka), founder of the Essel Group and promoter emeritus of Zee, has settled a personal guarantee liability of ₹22,006 crore for ₹6.5 crore. The National Company Law Tribunal approved the plan this week. The case began small. In 2022, Indiabulls Housing Finance — now Sammaan Capital — moved against Chandra over a personal guarantee on a ₹170 crore loan to Vivek Infracon. By the time the insolvency plea was admitted in 2024, admitted c...
WINNING STROKES: THINK DIFFERENT: Marathon Nextgen Realty Ltd (BSE Code: 503101, CMP: Rs.116.45), recommended in the morning to the Paid Groups at Rs.116.45, hit the buyer freeze in the early trade. Havells India Ltd, moved up to Rs.157 today with good volumes. The following message is sent to Paid Groups in the morning: "HAVELLS INDIA has bagged $200 million export order from the West European countries to supply motors and compact fluorescent lamps over a period of five years." Akruti City Ltd, which was touted as a real estate play tanked 55.06% after the expiry of F & O. The following message was sent to the Paid Groups today, "Don't Buy Akruti City Ltd. If anyone of the Paid members is holding the stock please exit today, in the first hour of trading. The stock as per market sources could be placed in the T-group and will be out of F & O from tomorrow." So, these members are saved from falling into the hands of the operators. The stock might now st...
PANEL RECOMMENDS SUSPENSION OF MTM NORMS India Inc may get 2-year relief over forex losses This is super good news for the share market Are we heading towards 4200 mark on Nifty going forward; with the crude oil now heading towards 72$ per barrel mark ahead of the US summer driving season?? Did you see my recommendation of Reliance Industries Ltd (The stock was recommended a day after Kotak Securities Ltd downgraded the scrip), RDB Industries Ltd, KEC International Ltd and Unitech Ltd among many such recent recommendations??!! That is why I say, please do not go anywhere for ur investment decisions, just come to this blog to get solutions to your stock related problems; 100% Free of Charge. Also do not get fooled by the gimmick (tall and lofty talks) driven Paid Stock market advisory Services..... By the way, what is the latest on Kohinoor Broadcasting Corporation Ltd?? Now buy in bulk Reliance Industrial Infrastructure Ltd (RIIL), U B Engineering Ltd and Sunil High Tech Engineers Ltd...
Stocks manage moderate gain after erratic session Wall Street manages gain after erratic session marked by nervousness over gov't debt auction Tim Paradis NEW YORK -- Wall Street is showing it still has some moxie. Investors shook off an attack of nerves that wiped out a big early advance Wednesday and then barreled back into the market right before the close. Trading was extremely erratic. The Dow Jones industrials rose as much as 203 points in response to upbeat economic data, then fell nearly 110 during the afternoon before closing up 90. Weak demand during an auction of government debt stirred up worries about how easily Washington will be able to raise money to fund its economic rescue program, market analysts said. The fear in the market is that the government might not be able to easily raise the hundreds of billions of dollars it needs. The day proves that Wall Street remains fragile despite a two-week rally that saw the Dow regain more than 1,000 points. "There was a ...
WINNING STROKES: THINK DIFFERENT: [Updated at 10:40 pm] Unitech Ltd recommended at Rs.26 moved to Rs.34.35 today with good volume. If you remember, the stock was recommended as a multi- bagger only a couple of days back, in this blog. I am told now that the stock has been recommended today by a brokerage house. What to do with the stock for the short term?? What are its next targets?? Reliance Industries Ltd almost reached my second target of Rs.1550. The stock was recommended the day Kotak Securities Ltd dowgraded it. Reliance Industrial Infrastructure Ltd reached Rs.283.95 before cooling down a bit. The stock was recommended around Rs.240. Phoenix International Ltd hit the buyer freeze on the late trade. The stock was repeatedly recommended in this blog. RDB Industries Ltd recommended to the Paid Groups and also in this blog hit the 2 nd consecutive 20% buyer freeze. What is the news on the company?? What is the latest on Kohinoor Broadcasting Corporation Ltd, U B Engineering Lt...
China to buy more U.S. debt: President Barrack Obama says the country "will recover from this Recession." President Obama presented a sober assessment of the state of the economy in his prime time news conference Tuesday, but he insisted his administration has a strategy in place to "attack this crisis on all fronts." President Obama says the country "will recover from this recession." "It took many years and many failures to lead us here. And it will take many months and many different solutions to lead us out. There are no quick fixes, and there are no silver bullets," he said. "We'll recover from this recession, but it will take time, it will take patience, and it will take an understanding that, when we all work together, when each of us looks beyond our own short-term interest to the wider set of obligations we have towards each other, that's when we succeed," he said. The president defended his budget, which has come under...
Economy to grow by 6.5% in FY09: Mr. Montek Singh Ahluwalia Now we have to learn Geeta from Ms. Priyanka Gandhi on Varun Gandhi issue.. hahaha . From the way she spoke on Camera, it seems, she never ever read the f ull Geeta or more importantly understood its essence. Did she read this line from the Geeta , "Those whose intelligence has been stolen by material desires surrender unto demigods and follow the particular rules and regulations of worship according to their own natures" [ Bhagavad Geeta , 7:20]. Moreover, when I see a pedestrian advertisement running across English News TV Channels, asking the Indians, not to mix, "Religion into politics or Politics into religion", while voting, during this elections, I am reminded of some of our neighbours and distant neighbours, and get remorse. Why???!! Because I observe everyday how they mixed or are mixing, both of these, into a deadly combination to form a Powerful (Military) Weapon of Mass Destruction. ...

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