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Tuesday, July 25, 2006

end gathering speed for Sahara?

the sale of the airline business by Sahara to Jet has got stuck and now they are selling plots in amby valley in smaller sizes and for a big discount -works out more than 50% !!- if the market sources the reporter has spoken to are to be believed. here.
it will be interesting to see how much longer they can hold and if the TBTF - too big to fail principle will be applied to them.

Monday, July 24, 2006

India bulls getting closer to India bullshit!

Indiabulls, touted to be one of the larger broking houses in the country with interests in real estate as well, is said to have gone on a firing spree of late - here - in DNA . as senxex races to saner levels, companies whose business models is based on raising money from the capital markets face the axe. previous posts on Indiabulls from Feb 2005 here.
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