I Bet it will!!!  

Posted by prathishpeeriz

"Will Nano succeed in these tough economic situations?" This was a was a news article in one of the portals debating whether TATA NANO will suceed in these tough economic conditions. The timing of the launch could not have been more perfect, imagine this, u are a first time car buyer( the targeted middle class) and you are in need of one, not as a luxary product but as a necesssity, you had a long term plan to buy a car in 2008 or 09, may be you planned to buy a santro or a zen. But that was before the so called recession scenario set in. Now you are not sure of getting the hike you thought you would get, but you still need a car... so you finally end up searching for the most value-for-money in the family car segment, the Maruthi 800 would still bite a big chunk from ur budget, forget the Santro. So here comes the TATA NANO with a price tag arround Rs.1.2 lakhs, a perfect fit for ur budget and fills ur necessity......
Still think it would be tough for TATAs to sell NANO???
Comments most welcome :-)

New Height of Corporate Responsibility!!!  

Posted by prathishpeeriz

I was awed by a news article today "AIG awards $170 mn bonus, US taxpayers get bill" Whoa! Shows the level of corporate responsibility in the US, I was trying to imagine something on similar lines in India, guess none of our listed corporates would even dare to imagine such a thing, that too after receiving a bailout from the government. As our tradition goes i can visualize stones being furled at the office building and the political parties making the most of it staging dharnas and all, if  at all it happens. How could even the executives claim(AIG says its legally bound to pay) for such a payment??? After all it was their carelessness or care full fraud which led to the largest corporate loss in the recorded history of $63Billion in a single Quarter, that's a whooping loss. Hope these guys get some sense of what they are doing!

The Coming of Dr.Flawless  

Posted by prathishpeeriz

Hey Guys its been so long since i Blogged! Now let me reveal my idea behind the title Dr.Flawless, I originally intended to write things about my favorite subject Finance,( Though I'm not scoring much at LIBA in it...) the way i look at the financial goings in the world...It was not until one of my friends forwarded a blog did i remember that i had initially intended to do the same.... Lazy me.. Lately I've been reading a book called "Regulation of Financial Intermediaries in Emerging Markets" quite interesting one published by Response Books... Will let u know more about it soon.... I would also be sharing with you a few PPTs which i feel is useful and would mostly be related to finance.
The one attached with this is a short presentation which i made in my class regarding the non material changes done by 2 airline companies in India to artificially make the company look financially better though the company was making losses... one of the company took advantage of the lack of clarity in the financial regulations in India with regards to AS-11(Not Legal). The other company one an acquisition of another airline changed some accounting procedure inorder to stream line the process(Legal)... What is Ur View???