We have maintained that the Sensex would generally remain range-bound within 13,500 and 15,500. At the time of writing (16th September), the Sensex closed at 13,519, after several days of huge declines on the news of the collapse of the US investment bank Lehman Brothers and the realisation that the US financial crisis may run deeper. However, in India, on 15th September, even though the...
The world’s politicians and finance officials are hell bent on injecting steroids into a tired and ailing bull. In an unprecedented move, central banks across the world have released hundreds of billions of dollars into the financial system to make sure there is enough liquidity to prevent a panic. Some of that money will go into the markets. Also, several countries made changes to their...
Geeta Seshu profiles the MBA Foundation whose credo is to ensure life with self-esteem and dignity for the disabled
The sound of music engulfed me as I walked into a ground-floor apartment at Powai. A group of young men and women was practising a dance -- surrounded by grinning and cheerful youth in wheelchairs. The dancers were disabled but who noticed? The josh -- the verve and sheer joy...
