Overhead on Twitter:
Question:I have heard that DLF and Unitech belong to Gandhis. Is that true ?
Answer by Dr.Subramaniam Swamy:Vadra has a big stake
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Category: Quotes
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What was that again?
“Its a wake-up call, a shock.But it could be predicted considering that there is no positive news or action from the government.It reminds me of the crisis India faced in 1990-91.It (government) needs to change its thinking that India will grow at 6-7%, whatever happens. That is no longer true. Retrograde amendments, delay in policy making, telecom spectrum pricing—there is virtually something of concern across every sector causing negative perception. It’s time for reform.”–said Harish Mariwala, Chairman of Marico Ltd reacting to the poor GDP numbers
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What was that again?
“If you followed rigorous accounting norms, you could have even seen negative growth in quite a few companies’ earnings.On reported numbers, corporate earnings could grow 10-12% at best this year. But I would advise investors not to be misled by reported earnings. Net profit can be anything, EPS can be anything, but free cash flows don’t lie. Check the free cash flow, and you will know the financial health of the company. Cash is king, P&L is just an opinion,” says Anil Singhvi, Chairman of Ican Investment Advisors
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What was that again?
“I think more of the little kids from a school in a little village in Niger who get teaching two hours a day, sharing one chair for three of them, and who are very keen to get an education. I have them in my mind all the time. Because I think they need even more help than the people in Athens.So, you know what? As far as Athens is concerned, I also think about all those people who are trying to escape tax all the time.”-said IMF’s Christine Lagarde in an interview
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What was that again?
“Your strange somnolence on the occasion of imminent election of the Nation’s President is showing up our bankruptcy of talent that we cannot announce a name better than the current finance minister who according to me is a guardian of the stolen wealth of the nation and a protector of the grand dacoits, who have made us miserable beggars. Believe me the nation is not wrong in concluding that we too have skeletons in our cupboards which make us impotent spectators of the rape of our finances.“-wrote Ram Jethmalani to BJP President Nitin Gadkari