In your interest.
Online Personal Finance Magazine
No beating about the bush.
The TVS group has been around for almost 97 years on the Indian business scene during which time it has built an empire of 30 companies spanning two-wheeler, automotive component manufacturing, automotive dealerships, finance and electronics. Yet it has been lagging far behind others in value creation and has not been able to capture even the recent economic boom which saw its peers race ahead...
On Friday, 24 October 2008, the Sensex, the Bombay Stock Exchange’s benchmark index, fell 11%. Shares of real estate companies Unitech and DLF fell 50% and 24%, respectively. Shares of Reliance Industries fell 16%, the steepest decline since 1993. ICICI Bank’s shares also fell 16%, marking a four-year low. Scrip after scrip touched 52-week lows. It took a certain stiffness of spine to conclude...
From airlines to realty, the Indian government has practically announced that almost every industry, even if it is in trouble because of its reckless expansion, will be bailed out at taxpayers’ expense. With just a few months to go for the general elections, the Congress-led United Progressive Alliance has no qualms about using taxpayers’ funds for loan melas to corporate India. Its task has...