The Other Side of Raju

Will the Byrraju Foundation, set up eight years ago in memory of the founder of the Satyam group, survive the turmoil at the group’s flagship company? Over the years, the Foundation has earned plaudits for its contribution to rural development, where, instead of concentrating on a single sector like health or education, it adopted entire villages, pursuing holistic improvements in their...

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Alone in a Corporate Jungle

Satyam was not an exception. By and large, most companies do not inspire trust, at least not mine

Trust is a very complex word. Shakespeare said, “Love everybody but trust no one.” The Satyam saga is yet another reminder to all investors that, no matter what fences you build, there is absolutely no guarantee of safety. Each time you invest, you take your chances; you have to assume that...

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Market Outlook (12 Feb 09)

After a short rally that ended at 9,958 in the week ended 2 January 2009, the Sensex has declined for about three weeks. The supports are at 8,915 and 8,701. The index had taken support at 8,915 in the week ended 21 November 2008 and at 8,701 in the week ended 24 October 2008. The 8,700 level is important, as the violation of this level on a weekly basis would show that the larger bear ...

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