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 The fiasco around extended trading hours for the Indian stock exchanges is a perfect example of the left and right legs walking in opposite directions. The incident highlights the arbitrariness of the decision-making process at the BSE and the NSE. SEBI has been working on longer trading hours, and issued an >>read more…  Recent outrage on the raw deal investors have got with Osian’s art fund would be funny, if only many “innocents” hadn’t got burnt. Talking about manias, this was surely one – or at least a micro-mania! The fund raised over Rs 1 billion, and several others (Edelweiss Capital Yatra Art >>read more… 
Last week at the World Association of Newspapers (WAN) conference in Hyderabad, one was treated to intense and often heated debate on the future of newspapers. Putting this in context, newspapers have long been losing subscribers and advertisers to the Internet, and the economic crisis has severely aggravated >>read more… Last week in London, at a conference titled Legal Process Outsourcing and Offshoring [http://www.sourcingnotes.com/contents/LPO_Conference.php], I had the unique opportunity to interact with senior lawyers representing both private practice and general counsel. And, as the day progressed, a few impressions congealed in my mind.
>>read more…  We often criticize our journalists for a variety of real or imagined ills – but surely, no one can accuse them of a lack of imagination. When the Twitter-Tharoor fiasco occurred, all of them were fed the same information by the Congress party. So how do you spice up the >>read more… Stock exchanges exist because people like you and me buy and sell shares. And there are millions of us, who soldier on, despite corrupt managements, ineffectual regulators, scams, misinformation and much more. Whether trader or investor, it is we, the “public” that ensure that all this >>read more…  The last few months have seen some spectacular sums pouring into equity markets via IPOs. Especially power utility stocks. After Adani Power, we had NHPC and most recently, Indiabulls Power. While over-subscription is expected in an irrational bull phase (like when Reliance Power broke all records last year), >>read more… It is with a mixture of cynicism, despair and resignation that most Indians view the continuing fiasco at Air India (or Nacil). In a company that is grossly over-staffed, provides abysmal service quality and makes losses consistently, the specter of striking pilots is akin to absurd drama! >>read more…  Mr. Shashi Tharoor is the latest hapless victim of the “Indian sensibility”. A spate of newspapers delightedly reported how the Minister had been castigated by his bosses for his insensitive comments. Quoting the Indian Express …..’the party told him bluntly to “desist from any comment or action, even >>read more… During the budget speech (for FY10), the Indian Finance Minister Mr. Pranab Mukherjee, announced that India would move towards a uniform GST (goods and services tax) structure by April 2010. The benefits of such a system are many, proven elsewhere, and enumerated by numerous analysts and experts, and >>read more… |
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