In what may be the defining moment of banking in America, Morgan Stanley and Goldman Sachs- the last of the two largest surviving banks in America decided to abandon all investments and become bank holding companies in order to remain in business. If after the fall of Lehmann Brothers and the buy out of MerrillContinue reading “Morgan Goldman drop all investments”
India’s high tech city of Bangalore may have provided jobs to thousands of youngsters but almost ninety percent of the half a million population of senior citizens in Bangalore are looking for a job as they have no pension plans to take care of them. Bangalore has become the tech hub of South India withContinue reading “Senior citizens in desperate need of jobs”
After Mukesh Ambani, it is Infosys founder Narayan Murthy who has come out in support of the Tatas with the agitation at Singur still carrying forward. Narayan Murthy warned that agitations are likely to deter investors from investing in West Bengal. The head corporates of India, the men who have written some of the greatestContinue reading “Narayan Murthy comes out in support of the Tatas”
PRIME MINISTER Manmohan Singh had described the Maoists guerillas or Naxalites as the biggest threat to internal security in 2006 and last year in December, he advocated the need to set up a special force to eliminate “the virus”. The Naxalites are spreading like wildfire in the country. A decade ago they were active onlyContinue reading “The Enemy Within”
An industry that has caught the eye of the common man at almost every turning on the road is the Retail Industry, A young thriving population and booming consumer confidence has triggered the expansion of this sector and brought about the Retail Rush. The Indian economy is booming and the boom has triggered a newContinue reading “The Retail Rush has just begun”
THE UPSWING of the Indian economy is experiencing a slowdown and this trend might continue into the next financial year. The Indian economic boom is mainly due to the IT sector which has spearheaded it and created thousands jobs of every year. The stock markets worldwide are also down and companies from all the sectorsContinue reading “Young Engineers worried as Economy Slowdowns”
The Leopard they say never changes its spots. Mayawati’s suspension of four officials in the Sultanpur district has raised eyebrows and received flak from the Congress Party as well as the UP Governer who has asked her to justify the suspension. May, 2007. Mayawati had just been sworn in as the Uttar Pradesh Chief MinisterContinue reading “Mayawati is at it again!”
Part-2 : Bangalore was your quaint old south Indian city — a pensioner’s paradise and a garden city. Not anymore, thanks to outsourcing and the related boom. Only 30% of Bangaloreans are local. The article examines the cultural flux with a backdrop of economy, IT boom, failing infrastructure and globalization vis-a-vis Bangalore and it’s local population.
Part-1 : Bangalore was your quaint old south Indian city — a pensioner’s paradise and a garden city. Not anymore, thanks to outsourcing and the related boom. Only 30% of Bangaloreans are local. The article examines the cultural flux with a backdrop of economy, IT boom, failing infrastructure and globalization vis-a-vis Bangalore and it’s local population.
It was once said that the moral test of a Society lies in how it treats the sick, the needy and the handicapped. On 3rd December, the United Nations International Day for the Disabled Persons, let us as a society appraise ourselves, Have we really done enough for these people?