John and Tim Freeman… a tale of two brothers, in New York City!

The story may seem to initially reek of Jeffrey Archer's Kane & Abel, but it isn't. John and Tim are siblings - brothers - living two diametrically different lives. A friend posted this long article on Facebook.  It is a poignant commentary and shows another side to the much-desired New York City... It is also … Continue reading John and Tim Freeman… a tale of two brothers, in New York City!

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Getting stuck on the highway…

Many commuters may have suffered due to the havoc wreaked by today's early March Nor'easter... likewise thousands of American investors and those across the globe, due to the financial slides and tumbles on Wall Street; across all of the Americas, Europe and Asia... the dip ranging anywhere from 3% to over 7%! On the other … Continue reading Getting stuck on the highway…

Impact of the global recession… research begins in NY, ends in India’s bedrooms!

"Teji maan time nathi, mandi maan mood nathi." A research study titled thus in Gujarati, a South Asian language, loosely translated into English, it reads as "No time during a bull run, dampened mood during a downturn". Undoubtedly, referring to the effects of stock market perturbations on couples, especially on their intimate lives in the … Continue reading Impact of the global recession… research begins in NY, ends in India’s bedrooms!

Financial Meltdown… breaking the buck!

Update on the Financial Meltdown witnessed in the past few days... not seen since 1994!

PPOs for IIM grad students by Lehman, Merrill Lynch… but what now?

In their 15th September issue, The Economic Times quoted Prof. Ganapathy, head - placement and external relations, Institute for Financial and Management Research... "Lehman is visiting our campus for the first time this month for recruitment. What happens at the global level might not be replicated in India." How naive is this statement! Somehow, it … Continue reading PPOs for IIM grad students by Lehman, Merrill Lynch… but what now?

KPO… Knowledge Process Outsourcing

It's all about convenience, from whose perspective should you view this issue, and who finally gains or (loses) from KPO. If you're a bank or a corporation in the US, in present times it suits you to go set up an office (or several of them) in India or any other "cheap outsourcing location"... as … Continue reading KPO… Knowledge Process Outsourcing

Wall Street moves to Dalal Street… Is that right? How nice!

Rather than layoff middle-rung executives, banks like Merrill Lynch and Morgan Stanley have been moving their middle men (and a few women) to the Middle-East or South Asia - most often to Mumbai, India's financial hub. The 'fortunate few' may have been relocated by their company, while numerous others who were already laid off after … Continue reading Wall Street moves to Dalal Street… Is that right? How nice!