Axis of Innovation

In a sea of uncertainty, if there is a stock that will most certainly outperform the broader indices for a long time, it is Axis Bank, the third largest private sector bank that is exceptionally innovative and runs a clean operation. This is clearly reflected in its financial results. Its scorching growth over the past few years continues. For the March quarter, Axis reported a revenue...

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A Tale of Two Cities
If you talk to some sensible real estate developers, you would wonder how many of the media reports of a slowdown in software and, therefore, real estate are for real. According to Aniruddha Deshpande, a thoughtful developer we met recently in Pune (see his story in the Enterprise section), “We are on track to create anything between 200,000 and 400,000 jobs in Pune in the next...
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How Much Higher

The past few weeks have highlighted the difference between being right and making money

In the 28th March-10th April issue of MoneyLIFE, this column, written on 21st March, had suggested that “from the depths of despair rises hope. There are several indicators now to suggest that we may be witnessing a short-term bottom here.” The Sensex was 14,995 at that time. This view was reiterated in...

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