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Tag Archive 'Financial Crisis'

Yesterday, there were two important press conferences in India that dealt with the establishment’s view of the crisis unfolding in Dubai. One was Mr. Anand Sharma’s, where the Commerce and Industry Minister sought to allay fears of its impact on India. Around the same, there was one by Dr. Thomas Isaac, Kerala’s FinMin, who (quite [...]

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That is the theme for this year’s meeting of the high and mighty in the hamlet of Davos in Switzerland. This year, however, the World Economic Forum has been marked by a significant decrease in the number of helicopter-attendees, celebrities and dishes in the otherwise-lavish buffet spread. Indeed, there are no Richard Fulds or Ramalinga [...]

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As the year is fizzling down to an economically weak finale, Satyam Computers has found itself in a deep mire, with the Maytas acquisition deal coming under strict scrutiny.  In an unrelated development, the World Bank later announced its intention to snap all business and development ties with Satyam following allegations of data theft in [...]

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