Budget 07 – A short note!

A long distance travel followed by a bout of serious illness and a pre-occupation with an exam result saw to it that there was a break in my posts, extended to more than a month. In this intervening period, there were some significant developments on the economic front. Inflation is soaring, Economic Survey and the biggie, BudgetContinue reading “Budget 07 – A short note!”

Indian Stock Markets – Who is the Fool?

Stock exchanges are one among the various financial intermediaries. A stock exchange may be defined as a place or market where securities (ownership or debt) of joint stock companies and of government or semi-government bodies are dealt in. It is an essential concomitant of the capitalist system of economy. It is indispensable for the properContinue reading “Indian Stock Markets – Who is the Fool?”

Orgnaised retail – Challenges for the players

Well, I have already given my take on the prospects of organised retail in India. Taking it a bit further, today let me look into the challenges for all the players involved.   For any serious player in the organized retail space – regardless of it being an Indian or foreign one – space isContinue reading “Orgnaised retail – Challenges for the players”

What a [cruel] way to end 2006!!!

Yes, I’m talking about the too-cruel-to-be-true-yet-true hanging of Saddam Hussain, former President of Iraq. Well, he may have committed inhuman crimes on his own countrymen, been tyrannical…..yes, yes all charges stand. Yet, the way he has been dealt with – making a mockery of all internationally accepted judicial processes – just doesn’t fit with theContinue reading “What a [cruel] way to end 2006!!!”

The retail juggernaut and the hackneyed oppositions

Finally, Wal-Mart is on its way to India thanks to their tie-up with Bharti. And, so soon after the announcement was made, there have been sporadic verbal protests from the usual cynics, the Left parties, against the ‘back-door’ entry of Wal-Mart even as they are yet to formally announce their model. Pray, what is the ‘back-door’Continue reading “The retail juggernaut and the hackneyed oppositions”

Does India need an ADB loan now?

Just the other day came across this piece of news that ADB is going to grant a loan to India, to the tune of around Rs 4500 Cr. It is to help out with the agri-distress and will be disbursed through the co-operative banks. India will have to repay it in 15 years….   Now,Continue reading “Does India need an ADB loan now?”

Pre-IPO private placements

Just some two days back read a report that Cairn Energy’s Indian arm which is planning an IPO soon, has got a portion of its to-be-issued shares placed privately, for a disclosed, of course, amount. A similar pre-IPO private placement was also there for the shares of Reliance Petroleum Ltd, with Chevron. Following this, there wasContinue reading “Pre-IPO private placements”

Save Vizhinjam Port!

Today, let me call your attention to the one infrastructure project that can change the face of Keralam and India – Vizhinjam Port.   Vizhinjam is a coastal village near Thiruvananthapuram district. It’s a place that has no parallels in the world. Why, you may wonder. Because: It’s the only harbour with a natural depthContinue reading “Save Vizhinjam Port!”