There is somuch done on Lycos, i think i should add my bit.
Lycos Internet AR2016:
http://corp.lycos.com/wp-content/uploads/2014/11/Annual-Report-FY-161.pdf
page 36:
Shareholding Pattern of Top ten Shareholders (other than Directors, Promoters
and Holders of GDRs and ADRs):
Who are they?
- Everest Capital (M) Ltd (12.91% in Lycos)
Their Other investments:
- Nectar Life Sciences(link)
- Birla Surya Ltd(link)
- Viom Networks Limited(link)
- Patni Computers in the name of GE APC Technology capital (link).Sold at 521 per share
- Oak Investments Ltd (7.04% in Lycos: They funded Lycos for Israeli Web 3.0 Stake Buy(done in Jun 2011))
Their Other Investments:
- Tikona (Oak investements portfolio in India) (Share Price of Lycos when the deal happened Rs.78)
- Sansar Capital Management (Sansar Capital & Sansar Special Opportunities Ltd-- holds 8.2% down from 9.3%last year down from 10.4% in 2012) These guys got involved with Lycos Internet in 2008 that point it was a stake sale from family and friends the share price then is close to Rs.80
- Uno Metals+ AKG Finvest + Goenka Securities (10.8% in Lycos sold 0.1% this year)
Their Other Investments:
- Uno Metals (Investments in page 50)
- AKG Finvest(Not their full List of investments)
Overall Not Satisfactory.
Auditors (P.Murali&Co.):
Below are the companies the Auditors also have their hands on
Virinchi (Hospitals … only company which has a stock price rising)
Cubex Tubings
ObjectOne Information systems
GoldStone Technologies
Cybermate Infotek Limited
Country Club Hospitality
Country Condos Limited
Prithvi Information systems
Pramada Finvest Ltd - Suspended Trading
Allsoft Corporation Ltd - Suspended Trading
BS Ltd - (Construction and Engineering-paid dividend but shares at rock bottom)
Cigniti Technologies
Southern Online Bio Technologies.
Vivimed Labs
Most companies are IT
Most companies have low promoter stake(or they pledged most of their holdings) and didn’t find a single company which is paying dividends(Lycos is an exception- if it paid dividend,BS Ltd paid however the stock didn’t do well).
I would keep all of this a circumstantial evidence, i am not attributing anything to anything.
Discl: No Holdings in Lycos but actively pursuing to build profile.