Archive for February 2nd, 2015

How British ATMs were robbed using explosive gas?

February 2, 2015

Straight out of movies this one.

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Why cleaning of corruption should be a responsibility of firms as well?

February 2, 2015

Kaushik Basu and Avinash Dixit chip in with the idea. Timely too given how our business class has been cozying to the politicos. Very cleverly it washed its hands off the several corruption scandals which rocked the country under the previous government.

The op-ed is based on an earlier paper by Prof Dixit on the topic:

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How Ola and TaxiforSure caught Meru napping and less

February 2, 2015

How quickly perception of winning companies change. There was a time when Meru cabs was “the choice” for most travellers. Meru competed with the traditional taxi union operators and won based on promptness and easy availability.

New players like Ola, Taxi for sure etc entered seeing Meru and turned the game on Meru itself. They not just provided the same quality but at half the price at which Meru charges passengers. Meru initially ignored these new players only to get rolled over:

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GDP revisions pose larger questions on the hyped focus on macro stuff…

February 2, 2015

India’s Statistical Ministry released a note revising and updating the base .year for GDP. The exercise is nothing new and happens in every country periodically. Though there are some more changes this time. Earlier GDP was  reported at Factor cost (sector-wise) and now will be reported at market prices (expenditure method) based on international practices.

However, the recent update raises many questions as India’ growth wasn’t as weak as we were told. The track record of previous government was much better than imagined. Infact the economy was already on an upswing and the recent media tamasha over how economy is improving after the new government was not really true.

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