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While we have all been worrying about union fertilisers minister MK Alagiri not attending office or Cabinet meetings for months after taking charge in May, he has obviously been very busy working on a foolproof business model for elections. The big victory for the DMK in the Tirumangalam...

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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...

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So, the RSS is having its way. Nitin Gadkari is definitely going to be the new president of the BJP. That decision has been taken, sealed and delivered to the BJP. An announcement of the changeover is expected this month. That should suggest that the RSS has a clear roadmap for the BJP and would...

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Anshika Malaviya, Narsee Monjee Institute of Management Studies 01 July 2010
Reformulate products based on mass-market customers’ key requirements—context, affordability, simplicity and speed The coverage of banking and financial services in India is surprisingly low compared to a developed country’s. Only about 59% of adult population in India has bank accounts and...

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Binod Anand, MIT International School of Broadcasting  and   Journalism 01 July 2010
Greater financial inclusion requires improvements in the credit-delivery mechanism Gram Swarajya was the essence of development for Independent India. But even after six decades, financial inclusion is a matter of debate. Financial inclusion may be defined as the process of ensuring access to...

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Subrata Das 01 July 2010
The stock has been down because of lower margins in the March quarter, thanks to lower spot gas prices, but its core high-margin business is unaffected LNG imports, which were started a few years back to secure India’s energy security, have been facing a tough time and one of the biggest...

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Telecom was the top gainer over the past fortnight. Paints, garments, consumer products and auto stocks also gained smartly. Steel, real estate and printing & publishing lost ground. There was selling pressure in healthcare and paper & paper products counters also.

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Insiders have been selling shares in droves. Dhilin H Mehta sold 33,65,500 shares of Shree Ashtavinayak Cine Vision (stake down to 9.9%). HNG Trust and Noble Enclave and Towers sold 29,10,000 and 19,75,000 shares of Hindustan National Glass. Their stakes are down to 16.76% and 6.52%,...

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Natural gas price has been volatile in recent times. It rose by 30% in five weeks, but has declined by 5% in the last couple of days. Price has increased from Rs175/mmBtu on 30 April to the current level of Rs220/mmBtu. Three factors are affecting the natural gas price. Possibility of major...

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Congress president Sonia Gandhi’s midnight decree to slice Andhra Pradesh into two just because one discredited leader went on a fast has backfired, and how! No, we are not merely talking about the intractable tangle she has landed herself, and her rubber-stamp government, into. We are talking...

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Sometimes agreement can stall action as much as discord. The Constitution Amendment Bill for reserving 33% seats in the legislature is a case in point. After years of trouble and tangle, the parliamentary standing committee, to which the Bill was referred last May, has cleared it with one major...

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Yeah, you see the irony in that all right. For a political party that has been working tirelessly to bad mouth ‘Italian’ Sonia Gandhi (remember all the nasty things Bal Thackeray said about her?), the Shiv Sena suddenly wants to protect her from her own party man and MP, Vijay Darda. Fourteen...

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Ravi Samalad 01 July 2010
SEBI has asked the four RTAs like CAMS, KARVY, Franklin Templeton and Deutsche Investor Services to club investor data together and provide a consolidated statement of account for all investments in mutual funds Have you invested in five different schemes of different fund houses and are...

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Cotton The government has started issuing licences for exporting cotton to Pakistan and Bangladesh. Export duty for cotton has been fixed at Rs2,500/tonne for all varieties. Export of cotton, cotton waste and carded/combed cotton was banned in May. With the lifting of the ban, exports are...

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Gainers: Havells India (up 12%) is undertaking a rebranding exercise in Mexico to introduce products under its own brand. It has a presence in Latin America, including Mexico, through SLI Sylvania which it acquired for $300 million in 2007. It is currently selling its products under the SLI...

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Moneylife Digital Team 30 June 2010
Modalities like periodicity of revision  will be decided in consultation with the(state-owned oil marketing companies in 2-3 weeks' time the oil secretary has said Days after freeing the prices of petrol from government control, the oil ministry on Wednesday said modalities like the...

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Sanket Desai, Mumbai Business School Pvt Ltd 30 June 2010
Government-backed NBFCs should be set up to persuade weaker sections of society to participate in pension schemes Swades: We, the People—a film starring a superstar—is actually more than just an evocative tagline. The film was about taking a basic amenity like electricity to the masses (here...

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