Sunil Kewalramani

If swine flu plays out like the SARS outbreak of 2003, the market’s focus is likely to remain on how the world will return into growth trajectory. And if this outbreak appears to be one that can be contained in a few months, the market is going to remain more focused on how Chinese and India growth story can save the world from a deep recession. Or whether there is an Asian bubble in the making.

The Obama administration and its main allies, believe they must strengthen the rules of the game before the next wave of reactors is built. The focus of their attention is a conference next May in New York, which will review the 40-year-old nuclear non-proliferation treaty. More than 160 countries will attempt to broker stronger rules that widen the use of civil nuclear power, while penalising those states that try to diversify their programmes into weapons production. However, suspicions remain

The real disruptive innovations are more likely to take place in Silicon Valley, Bangalore and Chennai rather than in Detroit where car-makers have their legacies and interests to nourish and defend. Disruptive technologies seem to be the need of the hour. Supply-side management rather than overly focusing on the demand side, seem to be the key factors that will reverse the gloom that has descended on the world automobile industry and usher in an era of growth and prosperity.

The real disruptive innovations are more likely to take place in Silicon Valley, Bangalore and Chennai rather than in Detroit where car-makers have their legacies and interests to nourish and defend. Disruptive technologies seem to be the need of the hour. Supply-side management rather than overly focusing on the demand side, seem to be the key factors that will reverse the gloom that has descended on the world automobile industry and usher in an era of growth and prosperity.

1) The arrival of the Chinese “Flying Phoenix” will truly mark the ascent of China as a leading world superpower and will energize growth in the Asian subcontinent. 2) For Vijay Mallya—the self-proclaimed “king of good times”, the launch of Kingfisher Airlines three years back seems to have come as a cropper. 3) Launched on July 8 2007—7/8/7 in US date format (date was chosen for impact), demand for the high-tech and futuristic 787 Dreamliner—a long-range 250 to 300-seat jet whose car

Recent recommendations of the Trai, if accepted, will connect the 330 million plus mobile and fixed-line phone users to computers and usher in a new era of net telephony. It will also give subscribers freedom to choose a carrier of their choice for STD and ISD calls. There is apprehension that Trai directives are bound to affect the bottomlines of major telcos. In addition to increasing competition among service providers, new formidable competitors such as PowerGrid, RailTel, Sify, AT&T, Briti

EXECUTIVE SUMMARY : A) THE CONVERGENCE AGREEMENT BETWEEN FASB (OF USA) AND IFSB, AND BETWEEN IAS (INDIAN ACCOUNTING STANDARDS) AND IFSB is significant and will have dramatic impact of Indian companies listing in US and American companies listing in India B) THERE IS NO SINGLE PATH TO CONVERGENCE, but an open-minded pursuit of the highest quality guidance should result in standards that foster superior financial reporting C) CONVERGENCE will require changes in US,Indian, Internationalstandards

Short-term turbulences aside (just as we are witnessing now), India has entered an era of high economic growth. As we enter the last quarter of FY 2008, the fourth consecutive fiscal when India has witnessed over 8% growth, we find India's manpower shortages aggravate even further. Just as growth has been multi-sectoral, so have the manpower deficiencies.

Until now, offshore wind farm owners were small and inexperienced, with little bargaining. Today's customers have the scale and buying power to make stringent demands. They also have the capability to walk away from the deal if it is perceived as uneconomic. Balance of power is all set to shift in favour of the customer, and the financial return on projects is about to take centre stage.