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This is an ode to the spirit of Ajit, my friend who is among the five crore MSMEs in India. He is good in his craft. He works hard. He networks well. Understands the importance of customer delight. But he is struggling in the business for no fault of his. When America and China fight trade wars, he suffers. When fuel prices or CAD go up, he suffers. When stock market crashes, he suffers. His only fault is the business he has chosen. Supplying building materials. The business that flourishes mainly during the buoyancy in economy. [Read More…]
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September has, historically, brought little cheer in the Stock Markets. The degree of poor sentiments in September varies from year to year depending on the overhang of previous months. For example, it was nothing short of party-time in 2017 in the primary market. 20 SME IPOs and 7 larger ‘mainboard’ IPOs or nearly 20% of annual number opened last year in September. It was euphoria all around and everyone cashed in. This year, it will be a decent achievement if we manage 50% of last year’s performance. Things look different in 2018. [Read More…]
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No doubt that language forms an integral part of any region’s cultural identity and heritage. Languages have helped humans to evolve. We are at the top of food chain because we can speak, write and read. Humans have also used languages as a tool to capture social, economic or political superiority. Wars have been fought and conflicts continue over languages or their forceful imposition on a section of society. [Read More…]
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The festive season on the Indian stock markets is likely to begin on Monday. The GDP numbers is a sweet music to millions of ears. On an upswing in past few weeks from the lows of 2018, the real party in the Stock Markets is likely to begin tomorrow and continue atleast till the formal announcement of general elections in early-2019! [Read More…]
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Happy Independence Day, India. Presenting some thoughts as an Indian in the middle of International Community currently. Hope you like it. [Read More…]