Real Estate crash in India Estate prices have kept moving upwards relentlessly even as other asset classes have languished. Corporate mis-governance and corruption has driven investors away from equity, while bond and fixed income investments have been less attractive because of high consumer inflation. This has made gold and real estate the preferred choice of [...]

The Finance Minister’s take on NPAs It seems the year 2013 will be marked as the golden year in the era for the non performing assets. During the recent quarterly review meeting with the banking officials, Finance Minister P Chidambram clearly mentioned his intention that Rich promoters of sick companies will not be tolerated any [...]

Relevance of Capital Markets In today’s global dynamic market, the economic relevance of a Capital Market lies in its effectiveness. It is dependent on how effective the market performs in the two basic functions which are: Facilitating resource raising from community for financing organizations and government activities linked to growth Providing an organized market place [...]

Warren to buy Suntech? Suntech stock surged almost 28%, after a rumor that the world’s smartest investor Warren Buffet would buy the company. I don’t know why would Buffet invest in the penny stock and if anybody other than the Chinese Government would be interested in Suntech. Though Warren Buffet had invested in solar energy [...]

Mike Parker rightly said, “When you don’t invest in infrastructure, you are going to pay sooner or later.” Indian government after realizing the need of development of infrastructure passed a Public Private Partnership Policy which was regarded as a milestone in infrastructure development. Until lately with the lack of development and late completion of projects, [...]

Suntech Debt Default Suntech (STP) which is one of the worst managed solar companies in the industry has been going through tumultuous times after it got entangled in a multi-million dollar fraud and firing its chairman and founder Zhengrong shi. The company now has defaulted on $541 million convertible debt, which came up for redemption [...]