External Commercial Borrowing/ ECB External Commercial Borrowing or ECB is an instrument used in India to help corporates access foreign money. ECBs include loans, buyer/supplier credit, special securitized instruments and many more. The department of external affairs along with the central/apex bank RBI and Ministry of Finance regulates the guidelines and policies of ECB. Recently the...
Suntech – Sequence of Events leading it to the current State Suntech (STP) is the company known for its massive management blunders and huge losses since 2010. Suntech was in news again in October 2012, after top managers exit despite restructuring by UBS. The hiring of top investment bank UBS to restructure its debt also did not help...
Indian Wind Industry The bad news has finally come in, that the Indian wind energy market halved in 2012, compared to the previous year. Only 1700 MW wind turbines were sold in this year compared to around ~3500 MW solar in 2011. The reason for the sharp decline was the removal of the accelerated depreciation...
Urea Policy 2013 The new urea policy being unleashed in 2013 was expected to help the government reduce its fertilizer subsidy. However, the expectation did not hold true. The government of India’s subsidy is unlikely to reduce, despite setting up of new urea plants as governed by the new urea investment policy of 2013. One...
Suntech – Sequence of Events leading it to the current State Suntech (STP) is the company known for its massive management blunders and huge losses since 2010. Suntech was in news again in October 2012, after top managers exit despite restructuring by UBS. The hiring of top investment bank UBS to restructure its debt also did not help...
Water-activated Charger Well the title might seem rubbish to you, but it’s a major breakthrough achieved in recent days. World’s first water-activated charger has been developed recently by Swedish researchers. The charger can now help you charge your cell phone with just puddle of water. One might be waiting for any catch behind the charger,...
Bitcoins Bitcoins are a form of “e-money” which is made of complex code created with the help of computer. Process of creating Bitcoin is called mining and it can be carried out by anyone with the help of a computer. Bitcoin is free from central bank intervention and is a promising form of electronic cash....