When Mr. Rakesh Jhunjhunwala made a prediction in 2005 that Sensex will cross 25000 by 2010 we mocked at him attributing his statement to lack of experience in stock market. As sensex kissed the magical figure and closed yesterday above 15K for the first time, the research analysts are forecasting a safe and steady ride [...]

Telecom Industry is changing at a great pace as technology plays a great role in this industry. In the recent past many initiatives and reforms are undertaken by Telecom Regulatory Authority of India (TRAI) and telecom operators as well. We are far ahead some of the telecom companies spread around the globe in terms of [...]

The “King of Services and high end customers” (Vijay Mallya) in the air industry enters into strategic alliance with the “Father of low cost airlines” (Capt. Gopinath). The most aristocrat man in the aviation industry acquires 26% stake in Air Deccan through preferential issue after the approval of shareholders. He will sit on board as [...]

India is the third largest market for telecommunication industry in the world after China and US, adding close to seven million subscribers every month. With a tele density below 20%, telecommunications has huge potential market in India. This makes Vodafone bet heavily on the Indian market. Mr. Sarin, CEO Vodafone who took over Hutch India [...]

The way I have been promoting blogging as a hobby amongst Chartered Accountants and Certified Public Accountant, I have been asked very often about the benefits of blogging or why should accountant ever BLOG. To be precise and to the point my reply shall be as follows :- 1. A splendid and wonderful way of [...]

Ever thought how important it is to give your team or sub-ordinates a ‘Realistic Target. Would you embark upon a journey in which you are not sure of reaching the destination….??? Atleast i would not…!! Recently my freind was naratting an incident in his present company wherein his team was given an unrealistic and un-acheivable [...]

While half of the nation was completely engrossed in India Vs. Sri Lanka One day Cricket match on Sunday afternoon India Inc was busy swiping the card for two deals amounting to $ 25 billion (Rs. 1,10,000 Crores). Indian Cricket team might have disappointed you but full marks to team corporate India, which is performing [...]

Next year India is expected to hit the double-digit GDP growth and that is also going to be the best performance in last 18 years. Just one word for it ………Incredible!!!!!!!!!!!!! We don’t hesitate in making big statement, “India may top China’s GDP growth in 2007”. Taking a step further our growth rate is compared [...]

Who said Tata’s are not aggressive?????????? Action speaks louder than words – This goes true with this historic deal. A deal, which started at 455 pence a share on October 17, 2006 and finally closed at 608 pence speaks all the aggression of Tata’s. Deal values Corus at an enterprise value of $13.6 billion or [...]

Blogs are the in-thing nowadays. Everyone seems to be wanting to create a blog of its own. People have blogs for their companies, for a group of freinds, communities or personal web-blogs for themselves. In short, day by day, more and more people are being bitten by the bloggin bug. BLOGS can be inferred as [...]