Breaking Views News - Page 28

Buffett's guilt about paying low taxes may be misplaced
The world over, governments are very bad at redistribution of wealth through taxation. A rupee of private charity is worth more than a rupee paid as government taxes.

Google buys Motorola and ammunition against Apple
Motorola Mobility is renowned for its engineering, which should make it a good fit with Google, but it has struggled for more than a decade.

Outsourcing could become hot target in US election cycle
As the battle for the Republican presidential nomination heats up, so will debates about job creation, the economy, and inevitably, outsourcing.

Deals galore: Corporate India continues to buy
Firstpost did a quick analysis to bring to you some of the deals announced in August 2011.

Commodities: The swing in fortunes is too hard to miss
Firstpost takes a look at the major commodities in India, which include coal, iron ore, steel, aluminium and cement, and analyses the trend and the impact on major players and the sectors that get affected by the volatility in the respective metal prices.

RCom nears $1.5 bn multi-vendor outsourcing deal
The move reflects a change in company's business model, which currently relies on a single company - Alcatel Lucent Managed Solutions - to handle its operations under a joint venture.

First Ruia, now Piramal: Vodafone is a sucker twice over
The Vodafone-Piramal deal is not necessarily the best deal the former should have got. Is the Indian telecom policy making suckers out of foreign investors?

Advertising giant WPP to ship some US jobs to India
As the US slowdown has forced companies to slash their advertising and marketing budgets over 100 positions would be eliminated in the US in the coming months and moved to India.

10 ways the US crisis will impact the Indian economy
It will be some time before the clouds clear and the real picture emerges after the US downgrade. for now, the economic outlook for India is tilted towards the positive. But keep your fingers crossed.

Is India hot enough? Brokerages give a split verdict
Even if the markets could throw up attractive valuations for now, giving decent returns in the medium term, a broad-based rally would seem unlikely.

Is oil the new gold?
Oil marketing companies will benefit both from growing business at 8-9 percent each year and the triggers in valuations that declining subsidy burden could bring.

Realty stocks nosedive on fears of lower demand for housing
In the quarter ended June 2011, Mumbai home sales fell 11 percent to 8 million square feet, the lowest since the quarter ended December 2008, according to Bloomberg

CAG, other watchdogs jump in as govt fails to deliver
Even as government and legislature have abdicated their responsibilities, other institutions and civil society have stepped in to hold up democracy and governance.

India Inc loses appetite for investing abroad
The trends so far show that Indian business is investing less abroad even as foreign investors are increasing their investments in Indian companies.

India's $2 trillion economy means we have to reform faster
India will be a $2 trillion economy. This is not just a milestone, but a signal to our leaders. Raising $2 trillion to $4 trillion over this decade calls for more reforms, not less.

Work for a public sector bank? Prepare to get promoted
Over 40% of general managers are due to retire. This could create a serious shortage of senior executives.<br /><br /> <br /><br />

Small is beautiful : Why banks are bullish on Tier II, III cities
Despite the difference in volumes, higher profit margins can make smaller towns as attractive as metro cities.

The Murdoch empire's 'family capitalism' model is tottering
Family businesses like Murdoch's gained from the globalisation impulse. But now, those same impulses have increased the chances of backlashes that focus on the vulnerabilities, weaknesses and mistakes of big family firms.

Broking sector in a mess as losses spiral out of control
As cash flow dries up, private equity is the only option that is looking alluring. A couple of handsome deals could see some relief for the broking sector in terms of investment banking fees.<br /><br /> <br /><br />

While Anna heads in wrong direction, UPA pulls a fast one
The government has moved in the right direction to reduce discretionary power that is the cause of much corruption. But it has quietly left out the real big areas of discretionary power - public sector companies.

For telcos, consolidation looks to be the way to go
CRISIL, the credit rating agency, expects smaller players in the telecom space to find it hard to continue putting funds into expanding and building a better network. This might push them to the merger route instead.

Aam Aadmi, don't throw that rotten egg at Dr Subbarao
The RBI is being blamed for raising interest rates too high, but this is something we have to endure to set things right. If we don't do this now, inflation will only get worse.

RBI to govt: You aren't doing your job, hence my rate hike
Governor Subbarao has stumped the markets by opting for a stiffer dose of rate hikes. He says he had to do this because the government isn't doing its part to contain inflation.

Deutsche ends 2-year succession race; Jain, Fitschen to take over as co-CEOs
The compromise solution to the bank's leadership succession could complicate decision-making at the top.

Sheen is off Indian equities, investors need to get realistic
In the boom phase of four years to March 2008, the top Indian companies churned out a return of equity of over 20%. In the fiscal to March 2009, this slipped to below 17%.

Note to customers: expect higher telecom bills now
The high-growth era in India's mobile telephony is coming to a close. All companies now want higher revenues and fewer low-paying subscribers.

Software patents come home to roost
Patent trolls are wreaking havoc in the software business, and some developers are threatening to quit the US unless patent laws are reformed.

Singham anti-piracy order shows law is an ass without meaning to be
The Delhi High Court's John Doe order to prevent piracy of Singham has ended up shutting down all file-sharing sites. The court did not intend this, but the ISPs have done this without thinking.

Jet is on its way to financial disaster - as before
The airline business is a no-hoper, as the Jet Airways results for the first quarter of 2011-12 show. Barring Spice-Jet, no one is making money. Why should any investor buy an airline share?

Sibal puts on a clean-up act, talks unified licence
The Department of Telecom is considering single licence policy for the entire country. The government is also considering making broadband a fundamental right.