BUSINESS
Is it labour pains for the wind power sector?
The ground is fertile for a strong growth in the wind power sector with tariff rates falling to levels which makes SEBs consider buying wind power. Further, as central government is involved the market opens up for other non-windy states.
BUSINESS
IPOs once again prove Warren Buffett right – they are avoidable
Value investors as a norm do not like to invest in initial public offerings (IPO). Most of them publicly disclose their aversion to it and advice retail investors to stay away from it.
BUSINESS
Did Karnataka govt shoot itself in the leg by clearing the IT union?
Just when the dust was settling in the rattled information technology (IT) space Karnataka government has decided to stir up the sector. It became the first state to recognise trade union in the IT sector.
BUSINESS
Reservation in private sector – an idea that needs a quiet burial
Making the private sector players recruit people based on the family into which they are born interferes with rights of the entrepreneur to choose the person he wants to work with.
BUSINESS
One year after demonetisation, the government has data to show it worked
Over 99 percent of the demonetized Rs 500 and Rs 1,000 notes are back in the banking system. According to the RBI annual report Rs 15.28 lakh crore came back, out of Rs 15.44 lakh crore in circulation.
BUSINESS
Why it would be a good idea for the government to get PSU banks married off
What public sector banks need is autonomy in operations. All government backed banks like HDFC Bank, ICICI Bank and Axis Bank proved that autonomy is all that is needed to make it a success.
BUSINESS
As OPEC nations rest their rigs, India on a slippery slope
High oil prices mean India imports inflation which would give an already hesitant Reserve Bank of India an excuse to delay rate cuts further. The government would like lower oil prices especially since important states are going in for election.
BUSINESS
Murthy’s shenanigans at Infy show why cos should be shielded from shareholder activism
Murthy is increasingly looking like a possessive parent, protecting the company from non-promoter management who took over after he and the founders took turns at being CEOs.
