Category Archives: Business

Questions re Satyam

While I was out of circulation and not blogging (business trip and vacation) the Satyam saga was unfolding. I remained abreast of what was happening but didn’t post anything on it. It’s been well covered by other bloggers and the … Continue reading

Posted in Business, Finance, India, Offshore Services | 10 Comments

Incentive Compensation as a Risk Factor

footnoted.org has a post highlighting a Risk Factor from the 10Q of Anworth, a company that invests in agency backed mortgage securities. Here’s how it reads In the risk factors section of its first quarter 10-Q filed Friday, Anworth gives … Continue reading

Posted in Business | 4 Comments

Setting Targets or Expectation Setting

Indian Finance Minister P. Chidambaram in an interview about India’s slowing GDP growth, to the Wall Street Journal says, “We must aim at 9%, as I will, and we must be happy if it’s between 8% and 9%.” This begs … Continue reading

Posted in Business, Economics, India | 8 Comments

I am Never Wrong – Just Ahead of My Time

After last week’s post, here’s another one based upon a gem from Nassim Taleb’s Fooled by Randomness. It’s called the bias against self-contradiction and it goes like this – if you make a bet that the market will go a … Continue reading

Posted in Business | 7 Comments

BCCI and Indian Cricket – Monopolies are Never Good

Last week the returning winners of the Twenty20 World Cup, jammed up traffic in Mumbai. Sharad Pawar, the BCCI President and also Union Minister for Agriculture, cancelled all his appointments to receive the Indian cricket team. There was a big … Continue reading

Posted in Business, Economics, India | 4 Comments

Old Retail vs Farmers – Now It Gets Interesting

A couple of months back, I wrote about Kerela’s ban on organized retailing. Most readers agreed that it was wrong-headed. But there was some skepticism about my claim that organized retailing would be beneficial to the farmers. Well, here’s the … Continue reading

Posted in Business, Economics, India | 8 Comments

Number Games – BEST TV Advertising

Among business newspapers in India, Business Standard is good and is constantly improving; Mint is new but very good too. Both have an online presence [B-S Mint] and do not have irritating pop-up ads. The B-S site is not password … Continue reading

Posted in Business, Economics, India | 12 Comments

The Importance of being Articulate

If you happen to travel in the US-India corridor, as I do, next time watch CNBC in the US and then go watch CNBC in India, or vice versa. You’ll immediately notice some differences. One difference is in how the … Continue reading

Posted in Business, India | 27 Comments

Contaminated Food

The ongoing saga of contaminated toothpaste and food imports from China into the US is in its third month but is far from over. For those of you who haven’t heard about it here’s what’s been happening. In October 2006, … Continue reading

Posted in Business, Random Stuff | 8 Comments

In Mumbai

Landed in Mumbai a couple of days ago. Sahar airport has improved quite a bit in the last 2 years that I have been flying into Mumbai. It is far from the kind of airport that one would expect the … Continue reading

Posted in Business, Economics, India | 17 Comments