Completed two major books this week which are crucial to jog our memory about how badly we have been governed. #MustRead
Arun Shourie’s book goes to the 1980s and 1990s the time when we were getting into journalism with great idealism and chasing stories was encouraged!
We hope to discuss those days with Mr Shourie. Do join us
You should then read Josy Joseph’s amazing work one the outrageous mess and rot in our investigation and intelligence agencies. Most people have no truck with it. Wake up and read now!
Hopefully we can persuade @josyjosephkj to talk to us about his book too!! 😊😊 it is important that every indian reads it
And finally, I also think one should read Rakesh Maria’s account of being @CPMumbaiPolice In Let Me Say It Now. It would be great to have @josyjosephkj weigh in on it for another perspective available in chilling detail in his book! @Moneylifers @MoneylifeF @yogtoday

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More from @suchetadalal

Feb 14
“Company is running only because of THY Grace and my G’s blessings, Swami” Said #NSE MD to Himalayan Yogi in her email. Part of SEBI order Para 28.7.12 @TVMohandasPai - Do you not believe her??? Lets not defend the indefensible. Where is the falsehood?
@TVMohandasPai Chitra, MD&CEO, 2nd highest paid exec in India further says: “Swami, we are still in preparation of the briefing note regarding the complaint....
However atleast the prima facie responses to allegations have been prepared. I am placing the same for They guidance and directions. I shall send the cover note as soon as I have received it once again My Lord”.- says CHitra
Read 7 tweets
Feb 12
#ChitraR Is this seriously the largest derivatives exchange in the world? @nseindia Has @FinMinIndia or @SEBI_India done a white paper to show a complete clean up? We know all the smut in Ernst&Young forensic audit is not mentioned in the report.
@NSEIndia @FinMinIndia @SEBI_India Same WTM has submitted a 9-page note to facilitate NSE IPO. Is raising money the primary objective or will this first level regulator with 29 broker defaults since 2020 be made accountable at all? Or is it that in #MeraBharatMahan SOME ENTITIES have #easeofdoingbusiness & living
Isnt it a fact that if details of the mantra-tantra stuff dug up by Ernst&Young was to be published, it would look like fictional Sacred Games or stuff. So who is being protected and why?
Read 16 tweets
Oct 2, 2021
The comments to this article show the frightening lack of financial literacy+ awareness in India. DHFL FD Investors are still clueless about resolution!! How does one tackle this? @MoneylifeIndia has reported this relentlessly & these are our readers! moneylife.in/article/dhfl-f…
@MoneylifeIndia Some FD holders were mindlessly abusing us because they received 23%, we finally blocked them. Many equity investors are clueless their shares have long been extinguished! Some are still in the process of waking up from deep slumber! @MoneylifeIndia
What we need is for people to get together to have challenged this: moneylife.in/article/dhfl-r… but UNLESS #DHFL investors or ALL investors WAKE UP, how does one fight anything? @MoneylifeF
Read 4 tweets
Sep 30, 2021
Has he fulfilled his promise on JetAirways? The disastrous revival plan he hatched?
some reminders required -- since Google and tweepler don't seem to connect and news is forgotten instantly! Who paid the price of a failed bailout? Employees!! moneylife.in/article/if-jet…
Read 4 tweets
Jul 28, 2021
Yes a BIG part... but people are ignorant. Also while IEPF prominently says DONT GO TO AGENTS -- it is extremely difficult to file claims successfully - that too online! People wont fight and @nsitharaman @FinMinIndia dont care. IEPF authority unaccountable. MPsSquabble!
@nsitharaman @FinMinIndia Many people dont even know there are shares in their names. companies have stopped paying dividends etc. So it is agents who search & approach investors. Fees range from 15% to 50%, depending on your ignorance levels! But often, what is the choice when REDTAPE is mindboggling?
@nsitharaman @FinMinIndia With the kind of stringent KYC and video KYC insisted on by this govt #NDA, there is NO EXCUSE for NOT TRACING rightful owners and returning their money with basic authentication. NOBODY CARES to fight for this, LEAST OF ALL INVESTORS. Most won't go beyond TWEETING gyan here!
Read 8 tweets
Jun 30, 2021
I am bombarded by emails/tweets from Uttam Value Steel. Level of ignorance is stupefying! one guy with 94.11 lakh shares has woken up today. Most others just learnt about 6-month old NCLT order extinguishing shares. Sure @SEBI_India is sleeping but so are these investors! 🤦🏻‍♀️😡
@SEBI_India Lesson No 1. Equity is Risk Capital. So forget about Ishq with your equity, you need to look at prices, results and announcements every day! Otherwise stay away!
Lesson 2: Equity market is NOT safer than a CASINO. When you play cards or go to a casino or buy a lottery ticket you expect to lose sometime. but in the market, you expect prices to go up, up and up -- hilariously enough to "protect retail investors". Wake up. Get REAL
Read 5 tweets

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