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June 30, 2006
Lessons for Indians from Google China
To be successful in China one needs to respect, and understand the cultural nuances of this vast country, and properly and profitably utilise those for corporate success.

Corruption as a cultural phenomenon
Factors other than legal enforcement appear to be important determinants of corruption.

Why Titan ad is so endearing
Here is a TV commercial that manages to do many things at the same time. First, it appeals to almost everyone in The Great Indian Family.

Let merit, not reservation, win
Capitalism creates its own dynamism of equal opportunity that no amount of quotas can match.

June 29, 2006
The human side of mergers
The Jet-Air Sahara deal has collapsed due to several reasons, but the one least talked about is what McKinsey calls "the people problem in mergers".

Friday blues for banks
All Indian films are released on Fridays, just ahead of the weekend. Commercial banks, too, release the data on banking businesses - growth in credit, deposits, investments and so on - on Fridays.

June 28, 2006
How to ensure urban reforms
For god's sake at least start levying parking fees everywhere, or else we will stop the funding.

Rising rates to hit global growth
The move towards excessive tightening of liquidity and rising rates will inevitably dampen global growth and lead to a slowdown in corporate profits.

Anatomy of a failed deal
In any case, Goyal should and still can be blunt about his desire for a mid-air course correction. He has every right to change his mind on a deal he or his colleagues don't like anymore. Guess what, even the stockmarkets are happy with that.

How to manage relations and negotiate
Relationship management is key to your success in dealing with channel partners.

June 26, 2006
Who said Bihar is 2nd best governed state?
I don't want to focus on why Bihar has fallen behind. My being puzzled has more to do with facts.

India's key to earnings growth
Profit growth would depend on whether the growth in sales (volumes) offsets this dip

June 25, 2006
Wine and the retailer mafia
Talking to a new winemaker from Nashik, I realised why wines are still so expensive in Mumbai: the retailer mafia.

June 24, 2006
India's macro story not great
The votaries of a larger role for government invented subsidies, refused to levy user charges to recover cost of public utilities and set up prodigal state enterprises, leading to huge fiscal deficits.

Rising current account deficit: The threat from oil
A further rise in oil prices will not only tend to slow down economic activity, but will also make financing of the current account deficit unsustainable.

The Tamiflu 'mafia'
Who else, but President Bush, Donald Rumsfeld and friends seem to be behind it.

Are economists smarter?
If you can't get it right after 16 attempts, how can you say your method works?

Why Jet called off the Sahara deal
Jet is prepared to lose its first down-payment of Rs 500 crore (Rs 5 billion) to step away from the Rs 2,300 crore (Rs 23 billion) it offered in January.

June 23, 2006
Yen carry trade: How India could be hit
Yen carry trade, in simple words, means borrowing funds in yen at a very low or negligible interest rate and using this loan to buy higher yielding assets in other markets.

Does micro finance need Bill Gates?
For the Indian micro finance industry, a framework of the Silicon Valley-type sustainable orientation might just be the thing.

Grim news for senior citizens
TDS on Senior Citizen Savings Scheme might be applicable retrospectively.

The real meaning of 'success'
The goal of all education is to prepare individuals for success in life. While B-schools cannot equip you for every aspect of life for the next few decades, it should, like school and family education, make some meaningful contribution.

June 22, 2006
Nepal: A sizzling opportunity
To really exploit its growth opportunities, Nepal must be prepared to integrate its economy with its neighbours' and go for the kind of contract production that gave countries like Japan and South Korea, during their rebuilding phases.

The bond market party is over
The central bank's moves to surprise the market have not gone down well with bond dealers.

Why reservation won't work
India has the chance of excelling in S&T with a huge mass of young talent pool. To squander this opportunity through reservations is intellectual hara-kiri.

June 21, 2006
Legislators & their double standards
Parliamentarians follow double standards when it comes to performing their role as legislators.

The 'full and final payment' trap
Many of us as individuals or as persons holding financial responsibilities in establishments often receive cheques accompanied by a note that it is in "full and final settlement" of the claims.

June 20, 2006
How info gaps can be filled at Indian airports
Information availability at Mumbai's airport (for that matter at most Indian airports) is terrible, says .

Of Lalu, Sidhu and GM
Quick-fix answers are what our politicians are looking for to feed this addiction for fuel.

June 17, 2006
Aftereffects of stock market crash
Will the sharp drop in share prices mean that the real economy too will slow down? That is easy, and the answer is "Yes".

Is Reddy ready to raise rates again?
Much will depend upon how inflation moves and the US Fed's June 28-29 meeting.

How 'private' is India's pvt sector?
Simply transferring a monopoly from the public to the private sector amounts to a zero-sum game.

June 16, 2006
Can India beat China in FDI?
Perhaps, by playing its portfolio cards well, India will be able to beat China in attracting foreign investments.

What IT whizkids really want
A survey shows that most IT pros feel that cooperative seniors and group members is the most important factor for them to decide to continue or to change the organisation.

Globalisation: It works, folks!
The ability to mislink cause and effect is an old human pastime. Economists and astrologers both thrive on it.

Market mayhem: Last week and after
Markets that had run up on the back of leveraged investments will be hit as the cost of funds rises.

June 15, 2006
Why Deve Gowda is bad for Bangalore
Why should this man have any say at all in Bangalore's affairs? Why should Bangaloreans continue to tolerate his brand of politics? Why should he be allowed to scuttle Bangalore's development?

Are Indian BPOs facing a mid-life crisis?
There is little doubt that innovation will continue to take Indian ITES-BPO forward

June 14, 2006
UPA and its skewed policies
The top political leadership is more keen on reviving the PSUs, irrespective of what economic logic may be demanding.

Wealth and consumption bubbles
A one per cent decline in the stock market could coincide with a 0.6 per cent decrease in spending on durables

June 13, 2006
What you don't learn at B-school
'Information is almost always imperfect'

How the Chinese view India
Shall we win the marathon against China in the next three or four decades?

June 12, 2006
UPA slogan should be 'pessimisation'
It could be the UPA's new slogan - it means doing one's worst, given the constraints.

Income, not caste, is the issue
Manmohan Singh government is not paying attention to any of this and is just planning a one-size-fits-all approach.

June 10, 2006
Quotas and the notion of merit
Since one is not expecting any conventional educational benchmarks from them, youngsters from lower castes often fare as well as others, if not better.

The nuts and bolts of American FDI
The capital structure of US firms is highly sensitive to political risk and varies accordingly.

End of the good times?
There is no need for either companies or individuals to change their medium-term assumptions about the future.

June 08, 2006
New tax form may not be mandatory
The CBDT notification seeks to substitute only Naya Saral with Form 2F and not the original Saral. This means for the current year, and in future, taxpayers will have the option of using Saral.

June 07, 2006
Myopic on economic reforms
Economic reforms will certainly rank as among the most widely used - often misused and abused - expression in India today.

Don't play Arjun Singh's game
Access to education for poor people will not go down if US universities set up shop in India.

June 05, 2006
The guilty men of Enron
A fit case for behavioural psychologists/economists to research.

Being a front-runner
In practice, no market approaches perfection. Information spreads in concentric circles.

Will WTO tangle ever be solved?
Some possible solutions given that agriculture and Nama issues are stuck.

Bearspreads slightly favourable
We wouldn't advise taking on straddles and strangles despite likelihood of high volatility because of the rise in implied volatility.

June 03, 2006
Raise fuel prices or sell the PSUs
Next week's oil hike will be a sham if the basic anomalies are not fixed.

India: Wrong business attire
The problem in India is that much of the traditional Indian dress for males is inappropriate for a contemporary business setting.

The social 'trilemma'
Equity, justice, efficiency: all three cannot be pursued simultaneously. One must be sacrificed.

June 01, 2006
The new SBI chief's agenda
With its market share declining, the author outlines action areas for the new chief.

The Left school of management
The Singur incident showed there is no alternative to listening to people.

A strategy mistake you MUST avoid
"Once a mistake is made, it is often difficult to undo the process"

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