- I think Mr Aggarwal is in a wishful trance.....by no stretch of imagination, or financial analysis can BCCL have a value as he states. Even the owners of BCCL did not dream beyond 1,00,000 crore at the height of the bull run of 2008. Much has happened post that, including the purchase of Virgin Radio - dud investment, washout of the profits and notional losses on the Brand Capital (Private Treaties) portfolio, sale of substantial holding in HDFC Bank to pay off the debts. It is a great money making machine...it has great assets, great brands, great investments...but as i said not beyond 100,000 Cr in the most optimistic scenario.
- Tandav - I can just stop admiring your name and your logic.
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ReplyDeleteI think the TV businesses are now turning around....ET Now is doing pretty well, as also Zoom...ET Now will take some more time to turn profitable...but not as long as it took CNBC....Internet is also doing great....remember seeing an Ad in their paper where their site economicstimes beat moneycontrol to become no.1