Progress report: One down, Four to go !

End terms came and went. The accounting, eco, operations, stats juggernauts had us all flattened. We were literally begging for a breath of fresh air, an opportunity to get outside campus, to feel that we were still alive after the mauling meted out to us in the first two months. So, the term break was …

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UNION BUDGET 2014

OVERVIEW "Minimum Government Maximum Governance" is the mantra of the new Modi government and Finance Minister Arun Jaitley has presented a Union Budget treading in same direction. The budget has received a good response and has been termed as a forward looking budget. The Union Budget is preceded by Economic Survey which states the economic …

Indian Equity Markets

I start this discussion with a rhetorical question. Is the Bull Run witnessed by the Indian capital markets over the past six months a respite from the long wait investors have had since the debacle witnessed in FY’08, or is it a Kafkaesque short-lived one? Should we pre-empt the irrational exuberance because the Oracle of …

Thoughtbytes – Private Equity

Private Equity in India

The announcement of Adlabs Imagica Intial Public Offer(IPO) comes after a long dry spell of issues in the Indian primary markets. Though it is a small $67 MM issue, it is significant for two reasons. First, it is the first major IPO following Just Dial’s May 2013 IPO and secondly, and more importantly, the IPO …

The Private Equity Industry in India (PGPX Speaker Series 2014-2015)

IIM A, 15th May 2014: Ms. Renuka Ramnath, Founder, Multiples Alternate Asset Management spoke about the future of the Private Equity (PE) industry in India at IIM Ahmedabad. Multiples is an independent, India focused INR 18 billion fund raised from 15 reputed global institutions. As part of the speaker series organised by PGPX, the one-year …

PGPX goes Green!

Green Technology Club gets underway at PGPX

Budget – A figurative snapshot

1.       Fiscal Deficit 3.3% (3.7%) of GDP and Revenue deficit 1.5% (2%). 2.       Financial inclusion for additional 5 million farmers targeted. Allocation to bring additional 2.4 million hectares under irrigation. 3.       Aam Adami Bima Yojana introduced with govt. to share 50% of the premium – Rs.200 per year per person and balance to be funded …

Budget aashayein!

The steering of a country’s economy is in the hands of the finance minister and he shows his prowess with the wheels on 28th Feb. He is supposed to drive towards the country’s economic progress by negotiating deftly the turns and cuts thrown in by the nation in form of expectations. Let’s see what such …

Budget Blues!

As a student of science I could never make out why my dad won’t allow me TV on the 28th of Feb. However it hardly bothered me for day was the birthday of my college crush. But later I realized the importance of the day to the economics of Valentine’s Day!  With hopes to make …