More Down than Up

In our last issue we had just 66 companies qualifying for the A grade. This time, thanks to the continuing market decline, the number is down to 47. Also notice that scores of companies have been sharply downgraded. One interesting aspect of the stockgrader is that two of these companies also figure in our analysis in the cover story. These are Shiv-Vani Oil & Gas Exploration and Tanla...

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750,000..

That, according to one estimate, is the number of rural Chinese poor who have moved to Africa as part of the Chinese government’s policy of building deep economic ties with the continent. These workers are building railways, electricity grids and even tilling the land. Chinese and African officials want millions of Chinese rural poor to follow them, arguing that they will earn money and help...

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Soap, Shampoos & Mutual Funds
Pity the Indian mutual fund investor. To the list of hundreds of Indian funds, dozens of new funds are being added every month. From the so-called quantitative funds to arbitrage funds, to sector funds, new flavours are coming thick and fast. The reason is simple. Fund companies continue to treat their products like soaps and shampoos – new fragrance, new packaging and new...
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