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Archive for February 2006

Bond Markets

Posted by: Aadisht on: February 27, 2006

The headline in today’s Business Standard is regarding the proposed issue of “console” bonds in order to fund the modernization of Delhi and Mumbai Airports. These bonds will pay an interest life-long, without any principal payment. In effect, it is just like a bond being renewed every time it expires. As an aside, I assume [...]

IIMB Lingo??

Posted by: Aadisht on: February 23, 2006

As mentioned in the earlier post, a German female who came down to IITM for exchange decided to do her MA thesis on IITM lingo. Was wondering how much of the IIMB lingo has actually come from IITM, and how much of it is original. Must start by mentioning that when i moved from IITM [...]

About Time

Posted by: Aadisht on: February 22, 2006

Someone has finally written a Master’s Thesis on IITM lingo.

Power vegetables

Posted by: Aadisht on: February 21, 2006

Today’s Deccan Herald talks about the popularity of Gherkin farming in Karnataka and how contract farming might exploit farmers. The article goes on to say that there are certain days when the Gherkins are not picked up on time by the trucks because of which they tend to get spoilt. (Gherkins have to be processed [...]

Hallmarks of Economic and Social Progress

Posted by: Aadisht on: February 15, 2006

Landing back in Delhi is quite simply a pain in the ass. However much joy I get out of being home, it only really starts to hit me once I’ve left the confines of Indira Gandhi International. On a side note, once it’s privatised, i really hope they change the name. There’s something about naming [...]

Structured Products in the PPT World

Posted by: Aadisht on: February 12, 2006

On my blog, I had recently written about the market for minus attendance, with the attendance in question being the attendance for company PPTs. I had written about the pricing of PPTs and how some juniors tried to undercut each other in order to make some quick money. The last couple of days have seen [...]

Why Most Mergers Fail

Posted by: Aadisht on: February 12, 2006

At the IIMs, campus recruitment happens through something known as the slotting system. Slot zero has the highest paying jobs, with the most (alleged) prestige attached to them. This slot typically attracts consultancies, commodity trading desks, and importantly for the purposes of this post- investement banks. As the investment banks have first crack at us, [...]

Guest Blogger: Found

Posted by: Aadisht on: February 10, 2006

Ladies and gentlemen, please welcome Maajorly Shadymax Arbit Fundaes’s new guest blogger: SKimpy (also known as Wimpy or the Wimp). SKimpy is a former RSS member who has now given up his Hindutvawadi ways and taken up the multiple pursuits of promoting free markets, bashing I-banks, and cribbing about his love life. The sight of [...]

Down with The Hindu

Posted by: Aadisht on: February 10, 2006

The pseudo-secular, crypto-leftist rag for indolent IAS aspirants seems to have decided that since it can’t match the Slimes in circulation, it will match it in abysmal journalism. Day two saw one of the big events in the fest, the quiz, turn out to be remarkably low-key. Even though the number of participants was high, [...]

The Irony is Slaying Me

Posted by: Aadisht on: February 10, 2006

The World Trade Organisation ruled on Tuesday that European restrictions on the introduction of genetically-modified foods violated international trade rules, finding there was no scientific justification for Europe



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