Lloyds Finance Repays Investors

Big breakthrough by an investor group

Investorhelpline, the grievance redressal forum supported by the Investor Education and Protection Fund (IEPF) that was launched in September 2006, reports a big breakthrough. In a press release last week, Virendra Jain (of the Midas Touch Investors’ Association which runs the helpline) said that 28 depositors of Lloyds Finance have got their money back...

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Lalu Shows the Way

Lalu Prasad Yadav’s feats are considerable and makes him a fit candidate for the FM

In less than three years in office, Lalu Prasad Yadav has turned around the perpetually loss-making Indian Railways into world’s most profitable railway organisation by a large margin. His promise is to increase profits before dividend to Rs20,063 crore (or $4.6b) which would be more than any other railway in...

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Dream Budget

The Finance Minister wanted feedback on what the businessmen really thought about his Budget and engaged in an informal chat with some of them. He started by making a short speech on how we need to have an ‘inclusive’ system and how we must all rise above our interests and see the big picture. Here is an excerpt from the exchange that followed: R Shesh, the CEO of a four-wheeler company and...

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