On the Frontiers of Trading

One day in 2002, Jim Leitner, a hedge-fund manager, read in The Economist that average beer consumption in Nigeria dropped from 34 litres to just three litres and then rebounded to four litres. He did some more research and bought Guinness of Nigeria which went up a few hundred per cent over the next three years. Marko Dimitrijevic, of Everest Capital, is all over the emerging markets. Along...

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SEBI nails Passport India for front running
Through a precedent-setting investigation, SEBI has exposed a clear case of front-running and illegal gains. SEBI has unearthed how Dipak Patel, portfolio manager of the US-based foreign institutional investor (FII), Passport Capital, along with Kanaiyalal Baldev Patel, Anandkumar Baldev Patel and Bhoomi Industries, ran a nice racket of generating easy profits by placing and...
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Wings of Knowledge

Dr Nita Mukherjee spots a new kind of fairy in Pune -- Pustak Pari

When Meenakshi Apte retired as head, family & child welfare department, Tata Institute of Social Science after 32 years and shifted to Pune, she was certain she wanted to continue the work she had started in Mumbai -- mitigation of gender inequity and distress. She was involved with the setting up of Swadhar Mumbai in 1983...

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