Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
Posted: 21/Feb/2009 at 2:59pm
Originally posted by Hitesh Shah
Actually, this is from today's Times of India! The Tata Group will
rationalise its operations and its 96 companies have to find a way to sustain
themselves through a once-in-a-lifetime
downturn
While there's no dispute that virtually no one saw this massive crisis coming, but had these managements been rational at that time....these rationalisations would be less painful now.
The point to be noted is that M&A consultants made money during those days & now it's time for restructuring/BPR (business process re-engineering) consultants.
It's a bit like making someone drug addict & then send him to rehab centres.
Life can only be understood backwards—but it must be lived forwards
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Posted: 06/Sep/2009 at 1:01pm
Swamiji made a neat bundle betting on Alphageo on the basis of his peak oil theory.
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
The Nano appears to have developed a technical snag.
Three Nano owners — from Ahmedabad, Lucknow and Delhi — have reported
short circuits leading to smoke in the steering column and a fire.
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