A Tale of Two Destinies

Shreedhar Kanetkar on how two legends of US industry got together and what it meant

Once upon a time, there was an investment banker named John. He was young and, unfortunately, not very happy. After years of close association, one of his firm’s most valued clients (we’ll call it Company X) had moved to end the relationship.

John felt the blow keenly, for the relationship had been forged...

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  • God’s Own Children

    Tanushree Kar finds a unique organisation in Pune that looks after children between 0-4 years

    Twenty cherubic faces look at you expectantly, some of them laboriously trying to stand up and put out their hands to touch you. They are all between 8-10 months old and their smiles are enough to melt the toughest heart. They are the inhabitants of Shreevatsa -- God’s own children, in literal...

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  • Underperformers In India...

    Of the 28 NFOs of 2006, 20 failed to beat their benchmarks

    Last year was a big year for stocks. The Sensex went up by 42%, riding on which we also saw a large number of new fund offerings (NFOs). How have these funds done and what holds for investors in future? Of the NFOs in 2006, we have data for 28; the others have yet to start investing and declare their NAVs. Of these, 20 have...

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