Market--View
In the last issue, we had said that it was difficult to take a call on the direction of the market and that there was an equal chance of the market rising or falling. We had said that on the upside the
market could rise as high as 25,000 and, on the downside, the market could decline to as low as 17,000–17,500. We still maintain that. Unless the market begins to take on a...
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Power To The People

Shreedhar Kanetkar describes a uniquely democratic company and what we can learn from it

Can a company survive without internal auditors? Can it actually thrive if there is no one to double-check expense reports? The answer, it turns out, is yes. There is such a company, and it’s been humming along in this way for a quarter of a century. From its base in Brazil, Semco sells everything from...

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Looking Back - Looking Forward

The SEBI chairmanship is up for grabs and there is plenty of speculation about who would bag the coveted post. SEBI has had five chairmen in its 15 years of existence as a statutory watchdog and, of these, only three had significant tenures.  GV Ramakrishna ensured that SEBI got its statutory teeth and his deadly combination of brilliance, strategy, scrupulous honesty and willingness to...

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