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| Reliance
gas find |
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Hot air? |
WHEN the Reliance-Niko joint
venture announced last October that it had
struck huge amounts of gas in the D6 block
of the Krishna-Godavari basin, not everyone
was convinced about the size of the strike.
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Article >> |
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| Global
private equity |
| India
on top |
No. 1 at last! The PricewaterhouseCoopers
(PwC) 2003 report on global private equity
says India is the fastest growing market in
the world and the 12th biggest, ahead of worthies
like Israel and China. In the last five years
private equity investments have grown at an
astounding CAGR of 82%.
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Article >> |
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Capital Ideas |
Should finance ministers
give advice on how the foreign exchange exposures
of the private sector are managed? No, but
that is what Jaswant Singh seems to have done
last week.
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| US-64 |
| Back
in the black |
One peak scaled, now to
prepare for the next one. The government has
the money in the US-64 scheme as far as the
principal is concerned, but will have to manage
the fund well enough to pay off the interest
it owes investors.
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| Markets |
| Sebi's
watching you |
Come December, the whole
of Dalal Street will be queuing up to get
digitally photographed and get prints of their
right thumb, left thumb, right index finger
and left index finger in that order, recorded
biometrically on a software programme.
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| Britannica |
| Booking
profits |
ENCYCLOPAEDIA Britannica,
the ubiquitous reference tome, is now entering
classrooms in India. It is foraying, via its
Indian arm, into curriculum-based textbooks
in Mathematics and Science for primary and
secondary school children for the next academic
year (2004-05).
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| Offbeat |
| Rx:
the prescription wardrobe |
SunSHADES to cure migraines,
socks that relieve acidity, pillowcovers for
spondylitis, T-shirts for high blood pressure,
shorts that cure prostate, piles and urinary
system problems, bed sheets for paralytic
strokes and special bras to prevent breast
cancer.
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