Why did rich Rajat Gupta turn to grubby business of insider trading?

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Why did rich Rajat Gupta turn to grubby business of insider trading?

Rajeev Pandey (Mumbai) 31 Oct 2011, 09:41IST

Why he spoke to Rajrathnam is still confounds most of us, but certainly, given his pedigree he was not there to make a killing out of those talks & if that was his motive then he would have done it long time back. You do not reach those levels with such petty dispositions, Rajat is not of that pedigree and certainly there is something amiss in this imbroglio that is still trying to find its scapegoat & have seem to have found one in Rajat. Corporate informations getting leaked that are far more damaging and demeaning has happened all over the world and people responsible have been roaming scot free.

Nargis from UP is world’s 7 billionth citizen

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Nargis from UP is world’s 7 billionth citizen

rajeevpandey100@yahoo.co.in (Mumbai) 31 Oct 2011, 20:10IST

What a bunk up and hoax of data fabrication based on some absolutely insane data humbug by UN. That is why the relevance of UN is diminishing by the day. The bunch of high paid useless unproductive people can generate some data and makes it a global news. A better news would have been that how many in UP went hungry everyday and in the world today instead of extrapolating the place and number, which is absolutely wrong and a postulate that has no credibility but only preposterous presumptions. RIDICULOUS!!!!

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Narendra Modi China visit: Gujarat Inc nervous as Modi enters the dragon

Narendra Modi China visit: Gujarat Inc nervous as Modi enters the dragon

Rajeev Pandey (Mumbai) 08 Nov 2011, 13:07IST

The days of subsidies and concessions for Chinese Companies are also coming to an end soon. It is not a sustainable proposition in longer terms & China has done that for more than 25 years now & they know it better than us in any case. Bringing Chinese Companies to set up base here would only help two things; one - It would help Indian Companies getting more efficient & would help them manage cost & logistics, which Indian Companies need to learn afresh. Two- It would open up a new avenue for large capital & technology intensive industry that we do not much in this country. On top the alternatives of international trade in REDBACKS ( Yuan) would / may become a reality between the two most population nation having more than a third of world's population. China now flush with fund is also looking for its deployment gainfully for a better return. Modi's move is winning proposition for both the partners that is beyond trade. It should be taken positively. However, other political fall out of Chinese ingress are too risky to contemplate given their territorial ambitions & I am sure GoG under Modi must have given due consideration to all those issues. Even during mid 90's their were jitters when economy was getting liberalised & only the inefficient had the opportunity to catch up then & this renewed opportunity is provided once more by Modi's initiative. It should be welcomed.

How companies like Essar, Reliance Trends, others crack down on internal theft

Providing for the losses is not a way forward and way to deal with the issue of thefts from shelf and inventory. Third party independent stock take on a daily basis/ periodically as deemed necessary could be amongst the many options available. Theft by employees is not only a phenomenon in India but also in retails like Wall Mart, Tesco, Carrefour, Metro & we can name any and anywhere. Incidences are low and better intervened systemically & that we do not do much in India. Here we think that once we have installed till management system & a few people to manage the IT back office we are done. Actually that is how the business goes to dogs. Trained and adequately paid staff may mitigate the problems to a large extent; but how do you change the national character now where stealing from employers has become a de-facto birth right. Maybe Anna & team can help but still employers can't prevent inflated travelling bill!!!

Amid debt-ridden Kingfisher, private sector should not be bailed out: Rahul Bajaj

Today it is King Fisher. Tomorrow it is another fish out of the deep sea. It would be a blunder to do so & Rahul Bajaj is right & forthright. If that be the case then what happens to all SME , start-ups & old business houses that have been consumed by the new business orders post 1991? Businesses have to shape up or ship out. United Group has enough cash to bail out this if Mallya is serious about aviation business. He just wants a bit of more free capital without toil & that is the way these people have build up the fortune; daylight public heist. If he unable to run this business successfully then he should get out of this & allow change of management. Incidentally, Kingfisher is a predatory bird always on the lookout for the fish, big or small & all go.
There is no need to for BIFR to intervene & precisely that is what Mallya wants. Let them infuse capital & government liberate the FDI norms to allow the change of management, which should be a must & imminent now
We are not facing a aviation contagion here. In US also airlines failed but they amended. Problem with him is that he is used to freebies from government due to his liquor business clout & that seems to be getting over for all business houses under RTI & corruption movement. Mallya does not deserve any sympathies. Employees would find another ship to sail and banks would find enough securities, including personal guarantees to recover & Indian banking system is pretty sound when they want it.

Maruti finalises deal to buy 1 lakh diesel engines from Fiat per year

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Maruti finalises deal to buy 1 lakh diesel engines from Fiat per year

Rajeev Pandey (Mumbai) 29 Nov 2011, 21:05IST

The consumer perception is supreme. Otherwise, if the running of the car is less than 100,000 KM in less than 3-4 years diesel would not be advantageous as the saving in cost of diesel is mitigated by extra cost of diesel cars. Incidentally, Maruti Udyog was the pet project of Sanjay Gandhi & somehow I still smell an Italian connection!!! Maybe it is one of the modest attempt by India to bail Italy India. Sonia Gandhi is still extremely powerful to influence all decisions; even commercial.