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Sucheta Dalal reports on the bruising battle between H&M and Rajeev Sawhney
When the media writes about Helios & Matheson (H&M), it is only positive news. Nothing negative ever makes it to the newspapers. Yet, over the past two years, the company has been caught in a bruising battle with Rajeev Sawhney, a US-based non-resident Indian (NRI), co-founder of vMoksha, an IT company that was...
Consumer confidence in the US is at its lowest level in 16 years. Surely, it is a terrible time to buy stocks when consumers are so pessimistic. The media usually believes so and propagates this unhesitatingly – “Consumer confidence plunged, causing stocks to fall...” It sounds logical. Maybe, but it is not true. Markets do rather well when the sentiment is truly downbeat.
The fact is:...
