COVER STORY
FMCG Industry :
Buzzing Again
-- Amit Singh Sisodiya and Ramana Pemmaraju
Even as the battle among the big daddies of the FMCG industry gets uglier, the smaller, nimbler rivals
are busy chipping away at their market shares. To grab and retain their pies, companies are busy devising
new strategies, new product launches, indulging in price wars, sewing deals, and whatnot. Indeed, it's action
time for the industry players.
COMMODITY MARKETS
Commodity ETFs vs. Commodity Futures : What Is the Best Option?
-- Michael "Mack" Frankfurter
Managing Director, Co-Founder,
Cervino Capital Management LLC, US
Commodity ETFs are underperforming because they're not trading the spot price or even the most nearby
futures price (the price typically reported by the news media); rather they are entering into a price that represents
the market's estimation of the expected spot price of delivery sometime in the future.
GLOBAL ECONOMY
Double Dip Recession : Can We Avoid It?
-- Mark Lundeen
Columnist,
www.gold-speculator.com
A global double dip is unavoidable. The problem is the massive global debt weighing down the
world's economies, economies that are woefully incapable of servicing the debt burden placed on them.
INDUSTRY
Energy Sector : What Is Ailing It?
-- N Janardhan Rao
India, Asia's third biggest energy consumer, is under pressure against fast running out fossil fuels like
coal. Being the world's fourth largest carbon emitter, it is imperative upon the nation to improve energy efficiency
and accelerate renewable energy sources, and more importantly keep the economy on a strong growth path.
INDUSTRY
Indian Telecom : A Tough Call
-- N Janardhan Rao
Telecom service providers are facing a tough time amidst falling margins, price war, entry of 3G and
impending Mobile Number Portability (MNP).
INDUSTRY
FDI in Multi-Brand Retail :
The Storm Before the Lull
-- Gurpreet Wasi
CEO, Go Fish Retail Solutions,
New Delhi
The Indian Government has taken a hesitant but sure step to open the much-debated and controversial
retail sector to foreign players.
APOLITICAL
Regulation of Financial System : Is It Prudent to Dilute the Autonomy of RBI?
-- grk
FINANCIAL MARKETS
IPOs :
Bulls' Day Out
-- Amit Singh Sisodiya and Ramana Pemmaraju
With the substantial listing gains made by some recent IPOs and a slew of companies lining up to tap the
stock market, the revival of the Primary Market in India appears to be real.
REGULATIONS
New Takeover Regulations :
An Inchoate Edifice?
-- Shardul S Shroff
Managing Partner, Amarchand Mangaldas;
former member of 1997 and 2002 Bhagwati Committees
formed for preparing the SEBI Takeover Code
Draft Takeover Code 2010 may not be implementable in its present form. There are several stakeholders
which need to be aligned in order to make such large scale changes to the takeover code implementable.
BUSINESS ENVIRONMENT
Oil Deregulation :
A Welcome Move
-- Deepak Pareek
Analyst, Angel Broking,
Mumbai
With crude prices being benign, this is the best time to deregulate oil prices and link them with
international prices. This will bring efficiency in the system with better utilization of scarce energy resources.
BUSINESS ENVIRONMENT
Direct Tax Code :
Version 2
-- Sharat Chandra
Director,
Ernst & Young Pvt Ltd.,
Gurgaon
It is hoped that the final version of DTC which goes to the Parliament will be flawless and reduces the scope
of litigation.
CORPORATE STRATEGY
The Right Metrics :
How BP Failed to Measure Safety
-- Lisa W Hershman
CEO of Hammer and Co.,
a Boston-based business education and research firm
In the case of BP, many things went wrong leading up to the oil spill. Rather than asking what mistakes to
avoid making again, it's important to ask whether the appropriate metrics are in place to measure real performance.
CORPORATE STRATEGY
Apple's iPad :
A Game Changer?
-- Y Bala Bharathi and G P Mrudhula
Touted as a bridge between a laptop and smartphone, iPad, Apple's latest gizmo, is a tablet computer with
a touch screen, web browser and e-mail functions.
CORPORATE STRATEGY
Mahindra & Mahindra :
In Driver's Seat
-- R Venkatesan Iyengar
There is a method to M&M's buyout binge. While focusing on becoming an end-to-end automotive player,
the company has not lost sight of the core of its automotive businessutility vehicles.
OUTSOURCING
LPO Industry in India :
Playing the Long Game
-- Pankaj Parnami
Founder Director,
KPO Consultants,
New Delhi
India is the largest pool of talented English speaking lawyers in the world. The LPO industry is heading
toward huge financial figures in India and the projections are vertically upwards.
ARTS & ARTISTS
The Myth of the Rational Market: A History of Risk, Reward, and Delusion
on Wall Street :
So Are Markets Efficient?
-- Author: Justin Fox
-- M Hanumantha Rao
Former Deputy General Manager,
State Bank of India
ARTS & ARTISTS
Bhavabhuti :
Configuring the Ideal
-- Nirmala PG
ARTS & ARTISTS
MS Subbulakshmi :
The "Ammu Paati" of Carnatic Music
-- GRK Murty
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