Musings of somebody trying to comprehend a complicated and imperfect world
The last 3 days have been probably the most dramatic in the history of Corporate India for quite some time. Satyam (which ironically means truth in Sanskrit) - India's 4th largest IT Exporter which is listed even on the US bourses saw its fortunes crumbling overnite with an interesting confession from its chairman that it… Continue reading The Satyam Fiasco – A good opportunity for corporate India to come to terms with reality
The last few days have been quite nerve-wrecking for investors across the world and for the Average Indian Investor (AII) in particular, who would have seen his portfolio come crashing down by almost 125% vis-a-vis the peaks achieved in the early parts of the year. World famous financial institutions have fallen like nine-pins erasing trillions… Continue reading Demystifying the Financial Crisis
Experiential Musings 