The 11th Annual Convocation had the Convention Center of the Chennai Trade Center buzzing with emotions – there was the excitement and energy that is the hallmark of the Great Lakes community, the eagerness to witness the charisma of Mr. Ratan Tata, the happiness to meet old friends and classmates again, and the nostalgia of…
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The 11th Annual Convocation will be held on Wednesday, 15th July at 10:00 am at the CTC Convention Center to award degrees to the departing batches viz. PGPM class of 2015, PGDM 2013-2015, PGXPM 2013-2015, PGPM (Flex) 2012-2014 and PGP (BABI) Class of 2015. The ceremony will be graced by Mr. Ratan N Tata, Chairman…
read moreDuring his tenure as at the IMF, the present RBI Governor Dr. Rajan wrote a research paper predicting the 2008 sub-prime crisis and the ensuing financial meltdown as early as in 2005. A few weeks back he addressed the London Business School students and spoke about the possible consequences of competitive monetary easing by central…
read moreThe Indian investors in the public sector bank shares have seen their wealth eroded due to abysmal market valuation. But the biggest loser is the government which owns anywhere from 53 to 82% of all the shares outstanding. They have seen the value of their shareholding eroded by 21,000 Crores since 2011. The following…
read moreAccording to the ruling NDA party of India, under the able leadership of P.M. Modi expects the economy to produce a GDP growth rate of 7.5 to 7.8% for the financial year 2015-16. This expectation is both laudable and optimistic. Let us hope that their prediction comes true. Why then is the question that…
read moreThe half yearly financial stability report released by RBI on 19th June 2015 contains facts which are very disturbing. Before we go into the details let us look at some data. Sector Share of Bank advances (Loan) Share in stressed advances (NPA) Power Generation 8.3% 16.1% Iron and Steel 4.5% 10.2% Textiles 3.4% 7.3%…
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