Reporting on Fiancial Firms a need for Caution . Freedom Of Expression and Risk Of Financial Reporting Norms of Journalistic Conduct

This morning I came accross an article on twitter under #Discover an article on www.livemint.com 

  " Policymakers must tighten rules on expense accounting "

LINK HERE 

  M/s Macquarie Research India (Pvt) Ltd a subsidiary of  Macquarie Group Ltd ( An Australian firm)

www.macquarie.com/mgl/com

I have come accross new items in media, where it is stated that the researchers at Macquarie Securities (Pvt) Ltd. have not refferred to HDFC ( HERE IS NORMS OF JOURNALISTIC CONDUCT of PRESS COUNCIL under subhead " Financial Journalism 1996 " ) at any given point of time before making their conclusions, that HDFC had  wrongly debited ecpenses of interest on zero coupon bonds into " share premium account instead of " profit and loss account" , which is in my view, is baseless , unfair, unjustified and unethical.conclusion.

I have on public domain proved by quoting Sec 78 (2) (d) of The Companies Act 1956 that the 1st previous allegation by Macquarie is Baseless and Inaccurate.

Moody Blues : Why The Standards at S&P are SO Poor ? !!!

Is Standard and Poor Fair in its analyisis ??

My Twitter Search on S&P

   Such news as are sensational affect currency, stock and money markets badly, Hence International Rating Agencies like Fitch Moody's and S&P must excercise extreme caution while passing such remarks.

CAUSE

 " S&P Says India May Be First in BRIC to Lose Investment Grade " says Bloomberg HERE

" Standard & Poor's warn s India of a downgrade to junk category " Says The Times of India HERE

" Top 10 S&P reasons why India may lose investment-grade rating " says NDTV HERE

" S&P warns India risking investment downgrade " says Norther Voices News HERE

" Standard & Poor's threat sullies Cong's global image " says  The Times of India HERE

" India may become first BRIC nation to lose its investment grade, warns Standard & Poor’s " HERE

" Lack of political will holding India back: Deepak Parekh " says moneycontol.com  HERE

Corrective steps

Kill two birds with one stone : WHY NOT MAKE ARNAB GOSWAMI PRESIDENT OF INDIA ? An Open letter from a Madrasi to Sonia Ji

Getting Right Man for the right job, round pegs for round holes, square pegs for square holes. 

An Open Letter to Sonia Gandhi. 

Why Pranab Kumar Mukherjee is ineligible for Raisina Hill ? !!!

To
Smt Sonia Gandhi
Chairperson, UPA
10, Janpath,
Nai Dilli - 110 001


Dear Sonia ji,


Hope all is well with you and Rahul ji. I wish you all the health and happiness.


     Madam,  I have been recieving conflicting reports, rumours and news from Main Sream Media, that you are considering, Shri Pranab Kumar Mykherjee, Mananiya Vitta Mantri, and Shri Satyanarayan Gangaram Pitroda popularly known as Sam Pitroda for the post of Mananiya Rashtrapati.


                             This news pains me because Raising them to Raisina Hills , will have the learned Gentlemen, simply to eat Rum and Raisins chocolates , rather than fight your Jung from Jangipur. You will also break your vada to Vadodara. 


                         Madam, is this your way of Doing a "Dinesh Trivedi" a la Mamata Didi ? More importantly , my question is who are your new " Mukul Roys" !!!


                        I don't consider  these learned gentlemen, for the esteemed post of "A Rubber Stamp" 

WHY ? Read on ...

Kot Pees aur Kharraante , Poetry in one minute Quotes from a Court Jester : Multi Lingual Word Play

AashuKavita

Shirshak

Kot - pees aur Kharraante

Kota Shehar ki

Khoti Basti mein

Khatu Waale 

Kothari Seth ki

Kyaati Numa

Koti Daam ki

Kothi Thi

Bees Kaal Kothri 

Chau taraf 4 khoonti

Sarson Baajre ki Kheti

Bagal Mein Mohalla Khunteton ka

Ik Sundar Kanya

Naam Ketaki

Contd....

Which Low Cost Tablet to Buy Micromax Karbonn or HCL

My Advise is Forget the Naysayers

BUY MICROMAX FUNBOOK

AVAILABLE ONLINE FOR < 6000
Ra6499-649=Ra.5850

(ONLY ON indiatimes.com)

IN MARKET FOR 6500

Why? Read on