Cutting banks to size
In an article for the Economic Times, Arun Duggal, the former Indian CEO of Bank of America and a board member of several Indian financial services companies, has a set…
Business Today’s “Cool Companies” List for 2009
Extract from the profile of Kolkata-based branded menswear firm Turtle Limited: Turtle has just reported a turnover of Rs 62 crore, its highest ever, in 2008-09, up from Rs 46…
Same (leftist) baggage in a new package?
In a recent Business Standard column, former Chief Economic Adviser Shankar Acharya has expressed unease – from the perspective of the economy – at the way the new UPA government…
Big Government Is Back!
The new UPA government’s first policy statement – the presidential address (PA) to Parliament – gives Business Standard columnist and former Chief Economic Adviser Shankar Acharya a feeling that this…
Deal Alert: Anjan Drugs to raise Rs. 25-Cr from Evolvence India Life Sciences Fund
Evolvence India Life Sciences Fund (EILSF) has committed to invest upto Rs. 25 Crore in Anjan Drugs Pvt. Ltd., a Chennai-based pharmaceuticals company specializing in medicines to treat Central Nervous…
Deal Alert: Shalivahana raises Rs. 90-Cr from Axis PE, IL&FS
Hyderabad-based green energy firm Shalivahana Green Energy Ltd. has raised Rs. 90 crore ($18 million) from Axis Private Equity and IL&FS Financial Services. Shalivahana is a renewable energy firm focused…
Will Lavasa deliver HCC to the big league?
Businessworld has an article on engineering & construction firm HCC’s ambitious hill station project. HCC entered real estate development in 2001 when it kicked off land acquisition for the Lavasa…
More on the inevitable US-China slowdown
Harvard University Prof and former IMF chief economist weighs in via his Businessworld column. US consumption, the single-biggest driver of global growth, is surely headed to a lower level, on…
Why a relapse in 2010 is a given
In his column for the Economic Times, Morgan Stanley’s Ruchir Sharma explains why the structural issues relating to the “over-indebted US consumer and the export-dependent Chinese manufacturer” will come back…
Kerala’s growing “NRK returnee” headache
Knowledge@Wharton has an article on the phenomenon of Non-resident Keralites (NRKs) – basically, workers from Kerla who emigrate to work in the Middle East – returning back home due to…