Come the next bull run, all will be forgiven and forgotten about the Satyam episode

The ‘Satyam affair’ has brought into focus some very unpleasant truths about corporate governance. Family priorities have generally led to corporate action that is often perplexing; but what is heartening is that (in this instance) institutional investors and the media made enough noise for the ‘promoters’ to...

The equity markets are depressed. But, by ignoring stocks, you will miss out on the main route to wealth-creation

The behaviour of stock markets in the past one year has scared off many investors. Plus, there are various studies floating around which seem to indicate that, over a 10-year period, investing in equities has not been paying. The fact is that all this data are being compiled at a...

2009 promises to bea year of muddlingalong

The year 2008 is one that all of us would perhaps like to forget. Apart from the massive erosion of stock market wealth, the Mumbai terror attacks have left a scar on the nation. Both Money and Life were redefined this year. What will 2009 hold for us? We have a non- Budget (vote-on-account), general elections, a new administration, a Budget for part...