Saturday, 19 May 2007

Hamara Bajaj splits

Watched Rahul Bajaj speaking to the press about the demerger of the Bajaj Group. He was talking about it so matter-of-factly it seemed he was announcing the quarterly results of Bajaj Auto. Way to go Sir! Betas happy, shareholders happy (except the insurance undervaluation). A cool Rs 6,500 crore still with the holding company. Looks good so far! And the man himself looks confidence personified. Me wonders what he will do with all that cash?

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