CNBC TV18 reported at the end of trading yesterday that Aberdeen Asset Management, the largest shareholders of Satyam till yesterday, sold all of their 5.3% holdings in the company at close to Rs. 40 levels. Similarly the volume of trade in Satyam shares was nearly 50% of the total shares outstanding.
This should raise a significant question in the investor's mind as to who owns Satyam as of this morning?
I would like to reverse my recommendation to readers to go long on Maytas. Not just yet.
Today I'm going back to my analysis of the Natural Gas industry.
A Market Failure Framework for Evaluating Public Sector Undertakings
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by Arjun Krishnan.
Commentators and investors often judge companies, including state-owned
firms, by their profitability. While profit is a useful metric...
2 days ago
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