Atul Karmarkar.Com

Morningstar Inc, a Chicago based independent investment research company has commenced operations in India. Aditya Agarwal has been appointed as the Managing Director of the company in India. Agarwal was one of the founders of MutualFundsIndia.com (later acquired by ICRA). Morningstar already has a presence in India; it’s data centre, which houses around 150 people. This centre was part [...]

The dust has barely settled from the Satyam-Maytas fiasco, which brought shareholder activism to the forefront, and now we have another battle brewing, with the spotlight on The Indian Film Company (IFC), acquirers and distributors of blockbusters as Jab We Met, Welcome, Singh is Kinng and Ghajini.  The dispute involves a UK-based hedge fund, Altima Partners, and the company’s principal [...]

With hardly any company or sector being spared the aftershocks of the economic slowdown, Vijay Mallya’s Kingfisher Airlines appears to be the latest in the line, believed to be keen on a stake sale even as it flies deeper into ‘red’ territory with huge losses. There is a proposal in the offing which seeks to allow foreign [...]

Many brokers give up BSE derivatives membership FIPB rejects Tata Investment plan for zero coupon bonds

American Express asks 200 Indian employees to quit Kingfisher defaults on aircraft lease payment

Berkshire Hathaway Inc. announced a drop in their Q3 profit, the fourth consecutive one, on diminishing returns at insurance businesses and investment losses. Net income fell 77% to $1.06 billion, or $682 per Class A share, from $4.55 billion, or $2,942 in the same period last year. Operating earnings per share fell to $1,335 from $1,655 a share in [...]

Despite the mayhem in the stock markets and investors shying away from equity, IIM Lucknow and Karvy Stock Broking have launched a new online trading game, which is a part of the institute’s annual business conclave, called Manfest. The live online trading game will run from 27-Oct-08 to 09-Jan-08, and will seek to test the [...]