In your interest.
Online Personal Finance Magazine
No beating about the bush.
Someone closely connected with managing the impact of the global financial crisis tells us that the government in election mode is unwilling to take any drastic action to finance cash-strapped industries which had over-ambitiously extended themselves during the bull run. The strategy, it would seem, is to do as little as possible, make optimistic statements about India’s growth, blame the US...
A Goldman Sachs’s report predicting that India’s property market is “poised for a deep correction” has finally shaken up realty czars. Goldman says that it expects a drop of 30% from current levels, while many banks and lending institutions believe that prices need to drop a minimum of 50% or more. In fact, some numbers quoted by bankers suggest that Goldman is being optimistic. The...
Aarti Drugs will grow and the stock is cheap
The Indian pharma sector comprises a diverse set of players. There are somnolent multinationals, dictated by the policies of their remote parents. The larger Indian ones, like Dr Reddy’s and Ranbaxy, have tried to go down the path of patent challenges but got entangled in litigation launched by US pharma companies. Smaller and medium-sized Indian...