It's time companies realised that recruitment ads have to go beyond those for tenders.
Stocks lead the chart with 50 per cent returns, followed by real estate and gold. The markets may be expecting a correction now, but the year has been a spectacular one for those who had put money in stocks. Equities gave a return of 49.64 per cent, the same as in the last three years.
Foreign institutional investors, who are big players in the futures and options segment, are making a killing in the domestic market by using arbitrage as a weapon in the spot and derivatives trade as well as structured derivative deals. The arbitrage game is on despite the curb on the issue of P-notes or participatory notes by the Securities and Exchange Board of India recently.
Intuitive hiring processes have a 40-50% failure rate. It's time to shift to a data-based approach.
The Indian markets look extremely stretched. The Sensex valuations have gone up 19.28 per cent to 26 per cent since the lows triggered by the sub-prime crisis two months ago. Taiwan and Kospi, on the other hand, have not changed much. A Citi group report suggested that the RBI might hike CRR rates to suck out excess liquidity from the system. An increase of one per cent would draw out $7 billion from the system.
The curbs on participatory notes (P-notes), announced by the Securities and Exchange Board of India (Sebi) on Thursday, have virtually ended a flourishing business of many leading foreign institutional investors (FIIs). Observers said the brokerage fees for offshore P-note transactions were nearly four times higher than those prevailing in the onshore market in India.
According to estimates by Citigroup India, P-note investments, excluding the underlying shares, account for 34 per cent of FII assets with custodians in BSE-500 companies. Sebi stipulates that P-Notes can account for up to 40 per cent of FII assets under custody. This leaves room for FIIs to increase their exposure through P-notes 6 percentage points.
Regulating PNs are important when the country has some restrictions on foreign investments. Countries having full capital account convertibility do not need FIIs to even register.
As companies have gone horizontal, they no longer have the luxury of collocation. Today, most products are developed and manufactured across boundaries, time zones, cultures and enterprises.
A growing number of companies are in an innovation mode to engage employees in the wallet, mind and heart.
Workaholic CEOs find their job appealing, but their subordinates find that appalling.
For the animation industry, the share of domestic demand is just 10 per cent of the total market.
Indian CEOs are world leaders in IQ, but have a long way to go in tuning in to other people.
Most banks are still reluctant to open savings accounts based on company appointment letters, though the Know-Your-Customer norms allow it.
When Dhirubhai Ambani entered with his big bang public offer the foundation for the Indian stock market was laid.
The commodity futures market has started losing its sheen after a stupendous growth rate of 96.05 per cent in the last financial year
Traders said it is unusual that the grey market is active even after the issue subscription has closed. DLF grey-market shares were priced at Rs 525 per share.
The market regulator decided to set up an investor protection fund. It also approved delisting guidelines, regulation of investment advisors and the consent order scheme.
Person-to-person outsourcing gains currency with small offices and individuals.
While a scheme allowing short-selling of securities is expected to come into force from July, exchanges and depositories are finalising a mechanism for lending and borrowing of securities, without which the scheme cannot be implemented.