Struggling Citigroup’s new CEO Vikram Pandit has taken out his begging bowl to shore up the bank’s shaky financial foundation, going by today’s front page story in the Wall Street Journal (subscription required). The Journal piece suggests that Citi is looking to raise up to $10 billion and that Vikram Pandit is looking to the Middle […]
Now that Ratan Tata has unveiled the much anticipated $2,500 Tata Nano at the Delhi Auto Expo, the two big questions are what does the People’s Car mean for existing foreign players like Ford, GM and Suzuki who have set up operations in India and what impact will it have on Tata’s aspirations for the high-end Jaguar […]
What’s wrong with America? In the supposedly richest country in the world, 47 million Americans are uninsured and have no access to even basic healthcare. Even those with health insurance are routinely denied treatment by greedy insurance companies. Now comes more disturbing news. The U.S. has been ranked last in providing effective healthcare to its citizens, […]
Even before Tata’s $2,500 (Rs 100,000) car hits Indian roads, American auto maker Ford is singing a melancholic tune. Ford acknowledged that its car sales in India in 2008 would be the same as last year – 40,000 (which itself was lower than the 2006 sales figure of 42,060 units). Sure looks like Ford’s troubles in […]
Say what you will but there’s little respect for the common man in India. Everyone is out to get the common man in India. The government, police, employers, businesses, politicians and even banks are all after the little man. Of all the shaitans (devils) at the back of the common man in India, banks are probably […]
After the grand success of Sivaji, Tamil movie superstar Rajnikanth, director Shankar and music director A.R.Rahman will come together once again in a new multilingual film called Robot. Eros Multimedia and Ayngaran International are producing the film. Besides Tamil, Robot is set to be made in Hindi, Telugu and other unspecified languages. Director Shankar is said […]