Roopesh Shenoy

5.2K posts

Roopesh Shenoy

Roopesh Shenoy

@sqlhorror

Building a world I’d love my kids to live in.

เข้าร่วม Mart 2009
1.6K กำลังติดตาม1.6K ผู้ติดตาม
Roopesh Shenoy
Roopesh Shenoy@sqlhorror·
@IRCTCofficial can you help me understand what the problem is here? (The password is not same as any of last 3 passwords for sure and as seen here - fulfils all conditions and is still not accepted).
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Sourav
Sourav@Dutta_Souravd·
Anyone caught with corruption wealth of more than 10cr in India should be hanged. India will become a clean country overnight. Agree?
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Roopesh Shenoy
Roopesh Shenoy@sqlhorror·
@Iamsamirarora Mr. Buffet got a much earlier start and had much more capital to work with by the time they even started working together. Mr. Buffet also owned Berkshire (majority of it) before Mr. Munger joined him. AND Mr. Munger started giving away money much, much earlier.
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Roopesh Shenoy รีทวีตแล้ว
Manu Rishi Guptha
Manu Rishi Guptha@manurishiguptha·
सत्यमेव जयते (Truth alone triumphs ) @ICICIBank @ICICI_Direct has spent tens of crores of shareholders' money in trying to prevent @SEBI_India (Despite SEBI's willingness right from day one) from handing over the pivotal document that is being used to bulldoze the fraudulent process of ISec delisting. The loss to the shareholders in the present form of delisting is nearly 1200 per share. Multiple logical valuation methods determines a price of nearly 2100 per share of ICICI Securities. #ICICIBank allegedly used every dirty trick in the trade including (self-nomenclated) Project Irongate to influence shareholder voting. Finally, Hon'ble Bombay High Court has asked SEBI to disclose despite vehement opposition by #ICICIBank A few questions need to be pondered over: Why has no one in this country seen the very document that has been used to deviate from the reverse book-building process for delisting? How has the exemption been interpreted internally by ICICI Bank to further its nefarious intention which even NCLT is unaware of till date? Who-all in the 2 boards will be held responsible for launching an illegal nationwide project that the Bank used to influence the voting process? Who will pay for the biggest data breach and compromise in the history of corporate India, the complicity facilitated by the 2 MD's of respective companies? What has been the role of Independent Directors of the 2 organisations and how should their role be interpreted in future? Should directors be made to pay for wasting shareholders' money in frivolous lawsuits in trying to push their illegality and questionable intentions? Which all #mutualfunds managers will be held to account, for compromising the interests of their unitholders - by voting FOR delisting in its present form? And Lastly Will better sense prevail NOW among the 2 Boards to cancel this delisting and be fair towards the Minority Shareholders? To read more about project Irongate click the link below x.com/manurishigupth…
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Roopesh Shenoy
Roopesh Shenoy@sqlhorror·
@Iamsamirarora ICICI securities is a better business. Generates cash, is smaller and growing faster, has a great ROE.
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Samir Arora
Samir Arora@Iamsamirarora·
What if you bought shares of ICICI instead.
Manu Rishi Guptha@manurishiguptha

@QuantumAMC under the leadership of @AjitDayal2 has been the only shining star among the #mutualfund industry and Quantum has demonstrated courage and upheld the trust that unitholders repose when they falsely believe #mutualfundsahihai By taking @ICICIBank and @ICICI_Direct to court over the fraudulent delisting scheme of #icicisecurities single-handedly, it has also served a slap on the face of those fund managers who: 1. Compromised the interests of their shareholders by voting in favor of delisting thereby inflicting an approx loss of 1200-1400 per share 2. Purchased shares of #icicisecurities at a premium to the swap ratio only to vote in favor of delisting - (compromised intent) 3. Were silently criticizing the delisting but couldn't find the courage or the way to their lost soul to raise their voice against this daylight robbery Would the @amfiindia and boards of ICICI Securities and The Bank have a moment of self-reflection and show grace and courage to correct this injustice towards the minority shareholders? Or are these boards compulsively looking fwd to a serious embarrassment in the days to come? @suchetadalal @NDTVProfitIndia x.com/NDTVProfitIndi…

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Akshat Shrivastava
Akshat Shrivastava@Akshat_World·
This is Aswini and Anish, two IT professionals who were returning home in Pune on May 19 when an unregistered Porsche, driving at 150 km/h in Kalyani Nagar, hit them. One of them died on the spot, and the other died during medical treatment. The driver of the car was a 17-year-old minor, allegedly returning from a club after partying with friends to celebrate their 12th-grade results. Why this is not just an accident but a murder: 1. The car was unregistered; the showroom delivered the car without registration. 2. The parents allowed a minor to drive without a license. 3. The club owner served alcohol and admitted a minor. 4. The traffic police failed to notice an unregistered, overs-peeding car on the road for months. When the minor was arrested at midnight, he received VIP treatment. A local MLA came to his rescue, with a team of lawyers. The bail condition was that he should write an essay, and his parents should ensure he doesn't repeat the same mistake. *** Post Credit: Capt Shashank Shandilya, Linkedin *** Growing up: I lived in a la-la land that there is justice in the world. In countries like India, there is no justice. There are just powerful people massaging their egos. Solution: become capable, fuck this shit and go where you are treated best.
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Roopesh Shenoy รีทวีตแล้ว
Manu Rishi Guptha
Manu Rishi Guptha@manurishiguptha·
The Moral and Professional Poverty of a few Indian Fund Managers As the average Indian is smitten by the India growth story; swears by the #Mutualfundsahihai indoctrination and encashes his family FD to make the monthly SIP, he/she puts blind trust in the ability, conduct, and values of the fund and its manager who is supposed to be the custodian of the investment and anticipated returns. People trust Mutual Funds to plan their retirement, pay for their children’s education, save for the rainy day and are relentlessly feeding to the SIP (Systematic Investment Plan) mania. All this to generate a couple of % points over and above the bank FDs. And these MFs and the market commentators can’t stop gloating about the tens of thousands of crores that are pouring monthly into the markets through them. This responsibility of being the custodian and manager of people’s life savings endows a huge debt of burden on the fund manager, and all his actions should put the interest of his unit-holders/clients before anything else. But if this capital lands in the hands of people whose intent, competence and decision-making ability, leaves much to be desired, I wonder what would be the fate of the equity culture in a country where this culture is just beginning to sprout out of its seed and every opinionator is extrapolating these monthly SIP numbers to future decades. The recent events leading to the proposed delisting of #ICICISecurities by #ICICIBank raises serious concerns about the intent and actions of these mutual fund managers whose actions have left me wondering with one simple question: Are these Fund Managers really acting as custodians of their unitholder's interests? This bull on the Dalal Street is feeling stabbed in its chest and stands crippled if the conduct of the very custodians of this bull leaves many questions unanswered. The resolve of the minority retail shareholders of ICICI Securities in opposing the delisting amidst the constant pressure from the bank’s workforce is to be commended but what baffles me is – WHY DID SO MANY FUND MANAGERS ACT AGAINST THE INTEREST OF THEIR UNIT HOLDERS and what could be the underlying compulsions. The few mutual funds that bought ICICI securities at a premium to the swap ratio in the last few months that have voted IN FAVOR of the delisting might want to answer the following key questions to the public and to their unitholders at large: 1) Why did you vote in favour of the delisting of ICICI Securities when the swap ratio is clearly against the retail shareholder’s (and your own unit holder’s) interests? 2) Why did you buy ISec shares at a premium to the delisting price in the last few months if you favoured the delisting? – You could have simply added to your ICICI Bank ‘s position 3) Did you buy these at premium only to help the bank get through the delisting process? – Thereby establishing ‘THE’ conflict of interest?? 4) There couldn’t be any ‘Quid Pro Quo’ – Could there be? For the benefit of corporate India and the burgeoning investing culture in the country, the top bosses of these fund houses must seek clarification from their fund managers as well, else the public might start considering them complicit and compromised as well. This seemingly small mistake of letting one large mammoth, gulp its small listed subsidiary and thereby short-change ~ 1,45,000 investors tantamounts to broad daylight robbery and will go down in the history of the Indian corporate world as the biggest heist and the perpetrator getting away with it without any punitive damages. The Indian investor has just started to enjoy the fruits of equity market returns and this awareness has just begun to spread and is aiding to develop a robust equity culture in the country. And, if this starts getting established that mutual funds might not be acting in the best interest of unitholders, and are in cahoots with someone or another, the entire billions of dollars of monthly figures that we all are so proud of can come crashing down in a hurry. And the only question that will remain unanswered then is – "Is it corruption, incompetence or diluted intent?"
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Roopesh Shenoy รีทวีตแล้ว
Manu Rishi Guptha
Manu Rishi Guptha@manurishiguptha·
#icicisecurities #ICICIBank Numbers speak for themselves, #ICICIBank 's outreach initiative has paid off. Individual shareholders have voted in huge numbers against Delisting, with more than two-thirds (68% to be precise) majority voting against delisting. . Institutions holding shares in both companies and voting in favor are disqualified, with a Conflict of Interest, clause. Now withdraw Delisting as per clause 12.4 on page 76 of the Notice, in larger shareholders interest. @ICICIBank - You have this opportunity to save your face and to do right by the minority shareholders. Else #sandeepbhakshi s legacy won't be starkly different from his predecessor's. One did wrong to the bank and one is doing wrong to the minority shareholders.
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Roopesh Shenoy
Roopesh Shenoy@sqlhorror·
@SanaSecurities If you don’t want to buy, don’t buy. If you hold already and want to sell - sell and buy ICICI bank shares. Who are you to dictate what other shareholders should do? I’ll hold it for 20 years if it remains public, that’s my choice.
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Rajat Sharma
Rajat Sharma@SanaSecurities·
ICICI Securities is delisting and its shareholders are not happy when they should be overjoyed. You get 67 shares of ICICI Bank for 100 shares of this crap. Stick with it for 5 years and you will trade at a 90% discount. Question not the swap ratio, question why you bought this??
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Roopesh Shenoy
Roopesh Shenoy@sqlhorror·
I really hope mutual funds who bought at a premium to swap ratio will vote against resolution and are not just losing investor money (vs just buying icici shares directly) to help ICICI bank management pull this off.
Hoshner Patel@Hoshnerpatel

The day of reckoning is finally here. We'll have to wait and see whether mutual funds and financial institutions uphold the interest of the minority shareholders and act accordingly by voting against the delisting. @LICIndiaForever @KotakMF @SEBI_India @_anujsinghal @ZeeBusiness

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Roopesh Shenoy
Roopesh Shenoy@sqlhorror·
@Bajaj_Finance Please respect universal DND list. Don’t make us sign up in one more place.
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Bajaj_Finance
Bajaj_Finance@Bajaj_Finance·
@sqlhorror Hi, We regret the inconvenience caused and would like to address this at the earliest, request you to visit bit.ly/3vsx2iP to register yourself in our Do not Call/SMS, so that we can exclude your contact details from promotional communication. Thank you – Kaushal
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Dr Hiren Parekh
Dr Hiren Parekh@hirenparekh·
Bajaj finance ltd @Bajaj_Finance if you are not stopping to call me than i will report to TRAI for calling on daily, it's happened when I registered for DND
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Roopesh Shenoy
Roopesh Shenoy@sqlhorror·
@Bajaj_Finance @hirenparekh . Maybe by default, you shouldn't call people - not unless they have given you explicit permission to call them. Should we have to visit every single website and then register our number just to not receive spam calls?
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Bajaj_Finance
Bajaj_Finance@Bajaj_Finance·
@hirenparekh Hi, We regret the inconvenience caused and would like to address this at the earliest, request you to visit bit.ly/3vsx2iP to register yourself in our Do not Call/SMS, so that we can exclude your contact details from promotional communication. Thank you – Satish
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Roopesh Shenoy
Roopesh Shenoy@sqlhorror·
@RailMinIndia toilets really dirty on this train. I tried other avenues (139 and 9200003232) but just not able to get through. Could you suggest whom to seek help from for cleaning? PNR 4344438453 (CMNR TPTY EXP)
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