In your interest.
Online Personal Finance Magazine
No beating about the bush.
Malvinder Singh shown the door... finaly!
On 22nd May, Malvinder Singh stepped down as the chairman & managing director (CMD) of Ranbaxy, the country’s largest pharmaceutical company, rather abruptly. He had a five-year term. The next day, the stock of Ranbaxy was up 20%. Good riddance, thought the shareholders.
A question that baffled us for months is: why was Malvinder Singh, who ran...
How many of us have worried that the bottle of mineral water we have picked up at railway stands may have little to do with its sales pitch of being pure or mineral rich? A scene in the true-to-life movie Slumdog Millionaire has its two child protagonists fill bottles of mineral water from a tap and then carefully seal the lids with a simple candle. Don’t you wonder how many big brands and...
Big investors have a hollow feeling of watching the train pulling away
In our previous issue, I had said that there are chances of heading for a serious market decline. But if the Sensex continued to rally, it would hit 13,000. What happened was truly amazing. On Friday 15th May, before the counting of election results began, the Sensex closed at 12,173. Over the weekend, it became clear...