Category «People»

Diwali, the festival of lights – Umesh Shanmugam

Diwali, the festival of lights as it is known the world over, celebrates the victory of good over evil, light over darkness and knowledge over ignorance. Lights are lit on this day not just to decorate homes, but also to communicate a profound truth about life. Light dispels darkness and when the darkness within you …

Khallas – Sense, Sex and Sensex – the Lingo of the Mumbai bourse :Chawm Ganguly

Mumbai – land of Dawood, Bollywood and the Stockwood. While phone calls to builders and diamond merchants who finance block-busters with alleged links to the underworld make routine news, the underworld’s infiltration into the stock market hardly ever attracts attention. “Ivy League MBA’s with their plum FII postings hobnobbing with the seamy underbelly of society? …

Resolving The Crisis And Restoring Healthy Growth: Why Deleveraging Matters? David Lipton, IMF First Deputy Managing Director

Keynote speech, Chatham House City Series Conference: “Deleveraging the West: The Impact on Global Growth” November 12, 2012 Royal Institute of International Affairs, Chatham House, London As prepared for delivery When the G20 Leaders met here in London in the Spring of 2009 and took decisions that turned back the financial panic at its high …

Smart Investors are Art-ing it – Arkamitra Roy

There is blood on the streets. Metaphorical and real to a large extent. Markets are volatile and uncertainty is the order of the day. Fears of a double-dip recession is high amongst the people and fear mongering has become a viable business. President Obama’s re-election is a sign of perhaps calmer waters ahead, but fears …

Secrets of Jesse Livermore

1. Money Management: * “I trade on my own information and follow my own methods.” * “The desire for constant action irrespective of underlying conditions is responsible for many losses on Wall Street, even among the professionals, who feel that they must take home some money every day, as though they were working for regular …

IMF Managing Director Christine Lagarde Names Alejandro Werner as Director of the Fund’s Western Hemisphere Department

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), named today Mr. Alejandro Werner to the position of Director, Western Hemisphere Department. His appointment will become effective early in January 2013. Mr. Werner succeeds Mr. Nicolas Eyzáguirre, who resigned effective July 26, 2012. “Alejandro Werner has extensive public policy experience and a deep understanding of …

Godrej Consumer Products Ltd. Announces Leadership Succession Plan

The Board of Directors of Godrej Consumer Products Limited (GCPL) has identified Vivek Gambhir, Chief Strategy Officer, Godrej Industries and its Associated Companies, as the successor to A. Mahendran, Managing Director of GCPL. Mahendran has indicated that he would like to retire when his current term expires on June 30, 2013 to devote time to …

Dr Rakesh Mohan Takes Charge as Executive Director, IMF

Dr. Rakesh Mohan has assumed charge as Executive Director on the Board of the International Monetary Fund (IMF). In addition to India, Dr. Mohan will also be representing three other countries in the constituency, viz. Bangladesh, Sri Lanka and Bhutan on the Board of the IMF. Dr. Mohan was earlier Deputy Governor of the Reserve …