There are several bargains to be picked in the current market. There are stocks that have low debt, low or no exposure to global markets, enjoy a steady local demand and are priced reasonably low relative to their growth prospects. Indraprastha Gas Limited (IGL) fits the bill. Its sales have been growing at an average 17% over the past five quarters while operating profit was up 14% for the...
Subramanian N, a foreign exchange consultant, explains the swings in the rupee-dollar parity
The world is going through extremely turbulent times. Asset prices have slumped from either multi-decade highs or historic peaks leaving a trail of losses for businesses, private investors, investment banks, hedge funds and sovereign wealth funds. There is widespread fear among investors and consu-...
Tarika Vaswani describes the work of Children Toy Foundation
Devendrai Desai has fond memories of his childhood. He recalls one particular incident rather vividly. One regular, mundane morning, he was gathering his toys to go and play at a friend’s house and just could not find his checkers board. After rummaging through the entire house, he pestered his mother to help him search. Not finding...
