Hemali Mehta tells every girl who craves for a Louis Vuitton label how to rationalise an irrational decision. Starting a new section on luxury

Louis Vuitton, Dior, Chanel, Moschino, Fendi and Valentino are just some of the most coveted luxury brands the world over. Indians are no longer a stranger to them as swanky boutiques stocking these brands have now thrown open their doors in 5-star...

By now everyone has heard of one Hassan Ali Khan of Pune and the dailies are full of news covering various aspects of the scandal, some unbelievable and some shocking. The most shocking to me was the statement: “The Income Tax Dept. in Mumbai says he has not filed any tax returns for the last seven years”. Just consider this. An honest ‘marginalised’ taxpayer who stands in a queue to submit...

Is the worst over for Indian Oil?

Among stocks that are showing some relative strength on a three-month rolling basis is Indian Oil Corporation, one of the largest Indian companies with an expected turnover of over Rs21,000 crore for 2006-07. IOC, along with its subsidiaries Chennai Petroleum, Bongaigaon Refinery and IBP, is the dominant player in India's petroleum sector operating 10 of...