Media: Unravelling Deals

The media’s expansionist heydays are over. They are cutting pages and even closing down editions and offices, says Sucheta Dalal

Realty and finance have earned a bad name because of the steep fall in share prices, but media stocks were as much the babies of the monster bull run and have been badly hit in India and abroad. US real estate whiz, Sam Zell, enhanced his reputation by exiting at...

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  • Unitech Realty
    After reading your article ‘Realty Get Real’ in which Goldman Sachs warns that India’s property market is ‘poised for a deep correction’, many equity investors probably wonder whether there is any room left on the downside, as most realty scrips have already slumped by 80% to 90% from their 2008 highs in 10 months flat! Such investors would be surprised to see the price-data of...
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  • Muddling Through

    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...

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