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Today's Quote

“We all are learning, modifying, or destroying ideas all the time. Rapid destruction of your ideas when the time is right is one of the most valuable qualities you can acquire. You must force yourself to consider arguments on the other side”

- Charlie Munger

Import Duty On Chinese Aluminium Flat-Rolled Products

The Indian government yesterday imposed a 21% duty on imports of aluminium flat-rolled products and a 35% duty on aluminium foils from China. While the duty has been imposed only till the 8th of October 2009, Indian aluminium makers like Hindalco and Nalco stand to gain from this move as it will protect them from [...]

Tata Nano – A Real Gold Mine For Tata Motors?

Are you subscribing to Tata Motors’ 8.75% fixed deposits? How, you may wonder? And how on earth can the company pay a paltry 8.75% when ratings agencies have downgraded the company and have forced it to raise debt at the rate of 11%-12%. Well, if all goes as per plan, the mad rush to buy [...]

Driving in India For the benefit of every Tom, Dick and Harry visiting India

An Expert who works in BAAN, Netherlands who spent two years in Hyderabad, wrote this hilarious article.

Driving in India For the benefit of every Tom, Dick and Harry visiting India and daring to drive on Indian roads, I am offering a few hints for survival. They are applicable to every place in India except [...]