Loss is endemic in the obtuse “IPO” market The initial grey market price of over Rs 1000 for Life Insurance Corporation of India’s (LIC) stock went miserably wrong. The grey market realised the patches late. Bulls retreated from the grey market e...
Continue reading..Category: Udaykumar K.V.
Hunt the hiding big-cats behind Chitra and the miserable Himalayan Yogi The funny Himalayan Yogi talks linked with the NSE collocation scam in the media are apparent attempts to cover up one of the looting macabre in India after 2009. The media i...
Continue reading..The immortal Nightingale of India The Nightingale of India finally left for her heavenly abode leaving thousands of her songs in over 36 languages behind her everlasting legacy. No one knows exactly how many songs she had sung. The Guinness Book ...
Continue reading..Unusual, setting modern India on track Jargons and clichés are out. Budget 2022-23 is a vision document with actions for future India. Giving no space for an election year appeasement, Nirmala Sitharaman enviably presented the Union budget 2022-2...
Continue reading..We learn English unwisely and randomly the way most grammar books and English lessons present. I find it a reflection of legacy. As much as 80 per cent of English words came from as many as 350 languages. For that reason, standardisation of the gram...
Continue reading..There are many misconceptions about asset monetisation. The term is misconstrued as a sell-off and disinvestment. The flooding trolls and ridiculous comments on asset monetisation emerge from people who have never read the 88-page MNP prepared by NI...
Continue reading..The announcement of Tata taking over the heavily debt-ridden loss-making Air India may coincide with the 90th anniversary of JRD Tata flying airmail from Karachi to Juhu on 15th October 1932. That later became Air India. In 1953 it was nationalised....
Continue reading..India’s 30-year journey on the reform highway has been an impressive haul. Though the potholes and gutters on the highway slowed the progress, India is now moving faster, whatever may be the counter-argument. In Indian history, no government di...
Continue reading..Modi has redefined the veteran-ism. As the gallery occupiers are leaving their space, new talents are taking their space. Modi has brought in an inevitable transition in the cabinet formation with an abrupt deviation from the style of running with t...
Continue reading..Writing off doesn't mean forgiving the defaulters' loan. It is only a technical term used in the accounting of commercial banks for recalibration of non-performing assets (NPA) to save tax, after making full provision against the NPA. This practice i
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