India Insight

Is the media going overboard in its coverage of the Ambani feud?

October 14, 2009

The war of words between the billionaire Ambani brothers took an unexpected turn when younger sibling Anil offered an olive branch to elder brother Mukesh in a bid to resolve a feud over the split of the Reliance business empire in 2005.

Whose poor is poor?

January 10, 2009

“To define is to limit,” wrote T.S. Eliot.

Indeed sometimes, to limit things, they just may have been defined in a particular manner.

Satyam — truth be damned?

January 7, 2009

If a stock dives 55 percent, is it time to go bargain hunting?

Absolutely not! At least that was the case with India’s Satyam Computer Services after it shocked investors on Wednesday by disclosing most of its profits were cooked up.

India in 2008: The year that was

December 25, 2008

Yet another year is coming to an end and independent India’s idea of being a republic is a year older. But is it any wiser?

Play safe, stay away from stocks

October 16, 2008

mad.jpgThe world of equities seems to have opted for a bargain-basement sale. The BSE Sensex which scaled the dizzy heights of 21,000 points in January 2008 is today testing 10,000 and nobody is sure if the bottom has been found.

Fix politics before it hurts democracy

July 23, 2008

As a financial journalist, covering politics and parliamentary debate is sometimes part of my job. What I witnessed on Tuesday in parliament — wads of cash being flashed around inside the lowerhouse– is something I had never bargained for.

Whither shareholder activism?

July 15, 2008

July is the season for shareholder meetings, an annual rite of passage for Indian companies, with directors, shareholders and reporters trooping into large, badly-lit auditoriums to hear the chairman speak glowingly of the achievements of the past year, and a litany of woes from shareholders.

Crude realities for India’s economy

June 23, 2008

sg1.JPGOnly last year Indian policymakers were showing off the strong fundamentals of the economy to the world and pressing for a seat at the high table of global fora. Everything was going well — high growth, a surging stockmarket and a lot of attention from global investors attention.