It was not so long ago when the Oracle of Omaha, Warren Buffett described derivatives as ‘financial weapons of mass destruction’ and warned against the extraordinarily high risks hidden in those in...
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Mobile telecom companies in India added more than 10 million new subscribers in just one month, in April. That is the most ever and way, way above the subscriber additions in other major markets. C...
It takes real nerves to invest in American automobile stocks these days. The big three American manufacturers have been struggling for many years now and their combined losses run into tens of bill...
Bottom lines of airline companies the world over have been bleeding for the last many quarters. Just as world economic growth is slowing down and may lead to some decline in business travel, fuel p...
Every few months, I go through a phase of ‘financial heartburn’ when I become acutely conscious of the rather precarious state of my financial position. Over the years, I have subjected my balance ...
The story of the Mittal brothers of Ispat group is quite riveting, to say the least. The eldest, Lakshmi, was sent by the patriarch to Indonesia to manage a small steel mill. Through a combination ...
Those who are familiar with, or have at least heard about, the extreme high-pressure trading room environment at investment banks and hedge funds know for a fact that the most successful traders ar...
Rs640 crore a day, or Rs2,33,600 crore a year – that is what our state owned oil companies will burn in under-recoveries, if crude oil prices remain at the current levels and retail fuel prices are...
Stock broking companies were on a roll last year. Business was good as the indices broke record highs almost every other day. They expanded their branch network at a furious pace, even in small tow...
It is often said that the sure sign of a market bubble about to burst is when you hear incredible index forecasts from otherwise sensible analysts. Like last year, when we got a few forecasts of Se...
If you have been to Bangalore recently, you must have seen hoardings put up by Hindustan Aeronautics Limited (HAL) proclaiming its proud status as a Navratna company. The premier aerospace manufact...
No longer able to question the absolute economic growth that is happening in this country, without appearing stupid, the left is now concerned about the ‘nature and trajectory of growth’. CPM gener...
Brands can mean different things to different people. But successful brands escape this tentative existence with well-defined identities. In fact, the reverse is true. It is the unambiguous charact...
There is nothing wrong in members of parliament raising questions about the activities of publicly owned companies. In fact, they should do so more frequently in the interest of improving corporate...
There you go. Yet another, once-mighty, company is being split up. Motorola, once a dominant name in telecom and assorted technology-related businesses, is being split into two. Its telecom equipme...
When oil prices first hit the $100 per barrel mark during the first week of January, most oil analysts said the three digit level was unsustainable. Prices promptly corrected to less than $90, as t...
There were only two bidders in the final round for the prestigious Mumbai trans-harbour link project, which will undoubtedly become a major landmark for the city. One was Reliance Energy, the power...
Earlier this month, the market for new share issues seemed to have gone completely comatose. After the weak Reliance IPO listing, demand for new issues just evaporated. Two high profile issues, Ema...
How could they? Just how could the government of a modern, supposedly free market economy even think of nationalising a bank? That was the reaction from free-market believers, when UK’s Labour gove...
India is now one of the biggest markets for defence equipment manufacturers and is likely to remain so for many more years. The country will spend tens of billions of dollars over the next decade t...
