Governors can be quite demanding of state governments. It is well known that Balram Jakhar, governor of Madhya Pradesh, had wanted a special seven-foot bed made for his use in Raj Bhawan. That is understandable considering the Rajasthan farmer has a big six-foot-plus frame. But what do you think explains Haryana governor Jagannath Pahadia’s strange request to the state government? Mr Pahadia...

The emotional setting is as important as the physical setting to make communication—whether verbal or non-verbal—an effective tool in building bridges

Rahul’s boss in an engineering firm in Kolkata was a good man and a good manager. The company was going through hard times. However, Rahul had assumed that his job was critical to the company and, therefore, secure.  In fact, this is what his...

The current turbulence in the financial environment calls for a different approach to investing in distressed securities and markets. The ongoing restructuring of capital markets presents a multitude of opportunities, says renowned ‘distress investor’ Marty Whitman. Facing the deep gloom and doom last December, Whitman had said that we are faced with a lifetime opportunity to invest in stocks....