Recovery Threats: Barclays’ Style

Barclays Bank, a relatively new entrant into India, has yet to learn that Indian courts and regulators do not take kindly to recovery threats by big lenders. Not only has it employed a call-centre to make recovery calls, but it apparently goofed up and has given the recovery centre a list of potential customers for telemarketing. Consequently, people who have nothing to do with Barclays...

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It's Built, But They Don’t Come

The South China Mall is supposedly the world’s biggest. It waits for shoppers to turn up

In May 1995, the New York Times ran an article on a new mall coming up in China. The piece opened with: “After construction workers finish plastering a replica of the Arc de Triomphe and buffing the imitation streets of Hollywood, Paris and Amsterdam, a giant new shopping theme park here will proclaim...

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On Sale_11 Sep

If you are looking for a safe sector and a cheap stock, consider Aarti Industries and Aarti Drugs. Aarti Industries is the flagship company of the Aarti group and is the market leader in benzene derivatives, with more than 50% market share. It has a diversified end-user profile manufacturing basic chemicals, speciality chemicals, agrochemicals and pharmaceuticals. It enjoys economies of scale...

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