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.
