Raman

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[Raman @Raman]

@VijayGajeraO https://t.co/olaG7XpXvI

[Raman @Raman]

@AdityaD_Shah https://t.co/97RIrag6vU

[Lalit Rathi - LKR @lalitinvestor]

Every new layer in the Rajesh Exports case makes the story look even more bizarre..

On 21st May 2021, Brickwork Ratings downgraded the company from A- straight to D. Not one notch. Not two notches. Directly to default.

Anyone who understands credit markets knows this is not normal. Rating agencies typically take such an extreme step only when they believe the stress is severe, credibility is questionable or there are deeper concerns around repayment itself alongside defaults..

Now think like a normal investor.

If a company gets downgraded to default, most retail shareholders would immediately exit the stock.

But then comes the real shocker.

LIC held roughly 8.86% before the downgrade.

Instead of reducing exposure after a default rating… LIC actually increased its stake to nearly 11.22% subsequently.

Why?

What was the investment thesis after a direct downgrade to D?

What additional comfort emerged post default that justified increasing exposure using public money?

And this is where the larger problem lies with many PSU investment decisions.

There is often no accountability for inaction.

When the stock was trading near Rs 600 even after the downgrade phase, LIC still had ample opportunity to exit and preserve capital. Instead, over the next 4 years, the stock collapsed towards Rs 100 and yet nothing meaningful happened.

Now with SEBI’s explosive allegations around potentially misrepresented revenues running into lakh crores, the situation looks even more unbelievable in hindsight.

This is exactly how public money quietly gets destroyed.

No aggressive review.
No accountability.
No risk management urgency.
No institutional ownership responsibility.

And in all probability, just like several other cases in Indian markets, the holding may simply keep sitting there till it eventually becomes another write off buried inside a giant portfolio.

The Rajesh Exports story is no longer just about one company.

It is equally about the quality of institutional decision making in India.

[Raman @Raman]

@AdityaD_Shah LIC held roughly 8.86% before the downgrade.

Instead of reducing exposure after a default rating… LIC actually increased its stake to nearly 11.22% subsequently.

[Raman @Raman]

@VijayGajeraO @gauravaery https://t.co/wqWs3n3JoD

[Raman @Raman]

@ankurwriter https://t.co/97RIrag6vU

[Lalit Rathi - LKR @lalitinvestor]

Every new layer in the Rajesh Exports case makes the story look even more bizarre..

On 21st May 2021, Brickwork Ratings downgraded the company from A- straight to D. Not one notch. Not two notches. Directly to default.

Anyone who understands credit markets knows this is not normal. Rating agencies typically take such an extreme step only when they believe the stress is severe, credibility is questionable or there are deeper concerns around repayment itself alongside defaults..

Now think like a normal investor.

If a company gets downgraded to default, most retail shareholders would immediately exit the stock.

But then comes the real shocker.

LIC held roughly 8.86% before the downgrade.

Instead of reducing exposure after a default rating… LIC actually increased its stake to nearly 11.22% subsequently.

Why?

What was the investment thesis after a direct downgrade to D?

What additional comfort emerged post default that justified increasing exposure using public money?

And this is where the larger problem lies with many PSU investment decisions.

There is often no accountability for inaction.

When the stock was trading near Rs 600 even after the downgrade phase, LIC still had ample opportunity to exit and preserve capital. Instead, over the next 4 years, the stock collapsed towards Rs 100 and yet nothing meaningful happened.

Now with SEBI’s explosive allegations around potentially misrepresented revenues running into lakh crores, the situation looks even more unbelievable in hindsight.

This is exactly how public money quietly gets destroyed.

No aggressive review.
No accountability.
No risk management urgency.
No institutional ownership responsibility.

And in all probability, just like several other cases in Indian markets, the holding may simply keep sitting there till it eventually becomes another write off buried inside a giant portfolio.

The Rajesh Exports story is no longer just about one company.

It is equally about the quality of institutional decision making in India.

[Raman @Raman]

@ankurwriter LIC held roughly 8.86% before the downgrade.

Instead of reducing exposure after a default rating… LIC actually increased its stake to nearly 11.22% subsequently.

[Elon Musk @elonmusk]

SpaceX IPO info

[Tushar Gupta @Tushar15]

I'll take permission to hold a press conference, but I won't take permission to hold a protest.

Just single-digit IQ things.

[🇷🇺 STANISLAV KRAPIVNIK 🇷🇺 @STANISKRAPIVNIK]

“The war will last for a couple of decades. We need to learn to live with it.”

A powerful speech by the legendary intelligence officer and professional analyst Andrey Bezrukov at the St. Petersburg International Economic Forum. It resonates with what I usually say in response to the question: "When will all this end?" I reply: "Accept that war is our new normal."

Key theses - in quotes.

🔻 New type of war
"We are in a new war. Since it's pointless to seize territory anymore... this is a war of attrition and subversion." "Leaders, military, civilians, scientists" and "critical infrastructure on which the country depends" are being targeted. "This is the war we need to prepare for. It's happening, and it will continue."

🔻 West's strategy of 'boiling the frog'
"The West's strategy is very simple: to avoid a nuclear clash with us, from which they would emerge as losers. And so they need to 'boil the frog slowly' - gradually escalate tensions." "We're seeing this today. And they won't stop, because they have nowhere to retreat to. We're an existential threat to them."

🔻 First 'hill' of world war
"We're currently on the first hill of world war. There will be two hills, as in the First and Second World Wars... The rules of the game will be born after the next clash. It's likely to happen in Asia." What happened in Iran, he says, "proves that the hegemon is no longer the hegemon."

🔻 Strike on nuclear forces
The enemy's main task is to "avoid the nuclear threshold... and neutralize our nuclear forces": either by building a system in space to "prevent anything from taking off", or "like in Operation 'Spider Web', planting it here through their agents and striking our nuclear forces at a certain moment."

🔻 Destabilization and strike on infrastructure
"The plan is to overwhelm our decision-making system with complex attacks from all directions - ideological, physical, military." Already today, "a drone can fly into any region via Starlink and land in a precise location... Unfortunately, we weren't ready for it."

🔻 Threat of biowar
"All those labs around us... were making weapons of the future." Technology allows "an individual on individual equipment to create viruses that... could wipe us all out."

🔻 What to do
"We must admit that for the next... couple of decades we will be at war... We will have two generations that can practically be considered at war." The economy needs to be built in such a way that it "not only fulfills the task of development, but also the task of defense": deepen and protect critical infrastructure, create a "headquarters" for management, invest in protection against bioterrorism, and merge the army and society.

🔻 'Stop being good'
"We need to stop being good. We're too good for our enemies... They don't fear us because many red lines remain on paper." At the same time, Western Europe is dependent on imported gas, and "exploding a gas tanker is equivalent to a small nuclear explosion." The expert's conclusion: the country needs an "image of the future."

[Larry Sanger @lsanger]

Just four Wikipedia accounts can smear the reputation of an organization like the Hindu American Foundation.

Think this an isolated case?

BTW, Ashley Rindsberg (@NPOV) does some of the best reporting about Wikipedia and its bias—not just left-wing bias. Follow.

[STAR Boy TARUN @Starboy2079]

It's time to open the Pandora's box.

Go through this link: https://t.co/4mGrMD9UgZ

This website lists numerous Indian individuals and groups who received funding from the US-based Thakur Family Foundation (St. Petersburg, Florida).

The foundation, associated with Dinesh Thakur, has been accused of targeting India's pharmaceutical industry and funding anti-India elements.
Disinfo Lab exposed its activities in 2024.

Key grantees from recent IRS filings:
▪️Confluence Media (Josy Joseph): $22,825, the largest
▪️Prashant Reddy (director & associate of Dinesh Thakur): $18,360
▪️Cockroach Saurav Das: $8,070

Review the full list and question why these Indian journalists, media organizations, and individuals are accepting money from this enemies of India

[Visegrád 24 @visegrad24]

Video of Chinese communist security forces killing hundreds of protesting students on the Tiananmen Square in Beijing on June 4th, 1989. 🇨🇳

[Raman @Raman]

@ravishranjanshu https://t.co/kjApSynQRf

[Press Trust of India @PTI_News]

VIDEO | Delhi Malviya Nagar fire: A shop owner laid out around 20-22 mattresses from his shop so that people could safely jump on them to escape fire.

Shop owner Armaan says, "I have my shop here, I got information about the fire, there was a massive fire, nobody could get inside or come out. Then 7-8 persons somehow entered. Then I put around 20-22 mattresses from my shop and laid them outside, people jumped on it... Most of them were safe."

#MalviyaNagarFire #DelhiFire

[Raman @Raman]

@RoshanKrRaii https://t.co/kjApSynQRf

[Press Trust of India @PTI_News]

VIDEO | Delhi Malviya Nagar fire: A shop owner laid out around 20-22 mattresses from his shop so that people could safely jump on them to escape fire.

Shop owner Armaan says, "I have my shop here, I got information about the fire, there was a massive fire, nobody could get inside or come out. Then 7-8 persons somehow entered. Then I put around 20-22 mattresses from my shop and laid them outside, people jumped on it... Most of them were safe."

#MalviyaNagarFire #DelhiFire

[Kalyani Sharma @KalyaniMuktevi]

Check out these classic Indian children's stories! #Chandamama

https://t.co/a1HSoUQLDq

[Raman @Raman]

@HemaniBhandari @htTweets https://t.co/kjApSynQRf

[Press Trust of India @PTI_News]

VIDEO | Delhi Malviya Nagar fire: A shop owner laid out around 20-22 mattresses from his shop so that people could safely jump on them to escape fire.

Shop owner Armaan says, "I have my shop here, I got information about the fire, there was a massive fire, nobody could get inside or come out. Then 7-8 persons somehow entered. Then I put around 20-22 mattresses from my shop and laid them outside, people jumped on it... Most of them were safe."

#MalviyaNagarFire #DelhiFire

[Press Trust of India @PTI_News]

VIDEO | Delhi Malviya Nagar fire: A shop owner laid out around 20-22 mattresses from his shop so that people could safely jump on them to escape fire.

Shop owner Armaan says, "I have my shop here, I got information about the fire, there was a massive fire, nobody could get inside or come out. Then 7-8 persons somehow entered. Then I put around 20-22 mattresses from my shop and laid them outside, people jumped on it... Most of them were safe."

#MalviyaNagarFire #DelhiFire

[Kavya || The OG-カヴィヤ (Modi Ka Family) @kavyasree_123]

మా అయ్య జాగీరు అంటే..ఇష్టం వచ్చినట్టు కబ్జా చెయ్యడం ఆ ఫోన్నం @Ponnam_INC annaawwww.....💦

#SaveTelanganaFromCongress
#AntiIndiaCongress

[Wasabi @wasabi_5555]

There is a Telangana ecosystem that is actively working to undermine projects or progress in Andhra. All these analysts only whine about Andhra Pradesh and its social issues. They want to destabilize Andhra region by damaging capital building efforts and protect their interests

[J Gopikrishnan @jgopikrishnan70]

Wondering … why after a long time, Lalit Modi saying about old threats he faced. Not yet said clearly - How all on Cricket united and forced to leave India to grab IPL administration from him. First his Police security was withdrawn- Then said Red Corner Notice is against him. Then Jaitley said in Lok Sabha - Not Red, a Light Blue Colour Notice by DRI at Udaipur …. He was packed off by all Cricket linked politicians unitedly to grab IPL from him. Many media barons also behind it 😎