As anyone even remotely familiar with India knows, most of the so-called ‘encounters’ in which the police kill their victims are fake. Encounters are a shame and a blot on the Indian justice system in which the policemen go scotfree because they falsely justify killings on the grounds of self-defense. But some Indian policemen seem […]
Citigroup CEO Vikram Pandit has lost the battle for Wachovia’s banking assets and will not come in the way of Wells Fargo acquiring all of Wachovia. It’s of course possible that the U.S. government may have pressured Citi and the Desi butcher Vikram Pandit to shut up or promised Citi some other candy later in exchange […]
Just days after Citigroup CEO Vikram Pandit was gloating about picking up the banking business of Wachovia Corporation with the blessings and support of the U.S. government, Wells Fargo seems to have snatched the prize away. The Wachovia board has approved Wells Fargo’s offer of $15.1 billion ($7 per Wachovia share), which does not require […]
Flash of Genius, which released in U.S. theatres today, is a lovely David vs Goliath movie based on the real life story of college professor and inventor Robert Kearns’s battle against auto giant Ford Motor Company. Gregory Kinnear stars as the doughty fighter Bob Kearns who battles the then mighty but now feeble car maker […]
We have read reports in Indian newspapers that the Tamil Nadu government is providing a subsidy to Tamil movies. According to a report in the Hindu newspaper (dt July 8, 2008), the Tamil Nadu government has earmarked Rs 4.9 crore as subsidy for quality Tamil movies with Tamil names. Venkat Prabhu’s recent movie Saroja is […]
The latest report by Transparency International shows India slipping on the Corruption Perceptions Index by 13 points to No-85. As anyone familiar with India knows, the godforsaken nation is one of the most corrupt places on Planet Earth. Whether it’s a village, small town or a big city, nothing ever happens in India without the […]