Powerless Regulators

The giant Oil & Natural Gas Corporation Ltd (ONGC) has the dubious distinction of topping the list of companies with the maximum number of pending investor complaints. It has been on this list since 2004 after its controversial listing when the registrar, MCS, cracked under the pressure of handling subscription and allotment. For the 2000-odd people who are waiting for refunds from Reliance...

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Inflation Scare

What has spooked the world is China’s inflation which has soared to its highest level in over 11 years. Inflation spiked to 7.1% in January 2008, pushed up by an 18.2% rise in food prices.  Last year, China raised interest rates six times and, over the past 13 months, increased the amount of money commercial banks needed to set aside in reserves by 11 times. A temporary cap was also put on...

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Soft Options

Don't believe generalisations on careers unquestioningly

A marketing manager of a consumer products company came over the other day, carrying chocolates and a gift, to thank me for the advice I had given her some time back. Swati was a management student a few years ago. She had come to ask me if she should opt for human resource (HR) management or marketing. She enjoyed her classes in...

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