| Author | Message | ||
     Ipc302 Moderator Username: Ipc302 Post Number: 11165 Registered: 02-2008 Rating: N/A |
its actually talking about vijay mallya and the art of making money..here is the full article http://www.openthemagazine.com/article/business/the-art-of-b orrowing | ||
| Idle_yzag Legend Username: Idle_yzag Post Number: 34101 Registered: 02-2008 Posted From: 198.80.144.187 Rating: N/A |
idedo paid article laga vundi FDI ni open cheydaniki, kikiki RahulGandhi/JP/Chiru | ||
| Amigo Junior Artist Username: Amigo Post Number: 584 Registered: 05-2011 Posted From: 68.192.55.192 Rating: N/A |
babai keka undhi article....Is it talking about Jagan? | ||
| Kaisersooze Moderator Username: Kaisersooze Post Number: 5728 Registered: 04-2009 Rating: N/A |
kiki USof America lo ee strategy vadara thammudu? | ||
| Scallion Hero Username: Scallion Post Number: 10336 Registered: 05-2009 Posted From: 206.123.17.17 Rating: N/A |
KiKiKi.... India lo inka dodi darina jaruguthayi emo, DC lo konti vandhala lobbying firms unaayi valu official ga chesedhe idhi.... Jai NTR, Jai Jai TDP | ||
| Scallion Hero Username: Scallion Post Number: 10335 Registered: 05-2009 Posted From: 206.123.17.17 Rating: N/A |
US lo vunna business start chesi orders undi bankrupt ayina vaalu telusu naaku... so what ??? Influence anedhi world motham lo pani cheyani oka place peru chepu......
neeku telavadha... kikikiki.... ikada koni vandala law suits vestharu very very well known orgs thama competitor paiki eduguthunte vadini thokkatam kosam... kikiki, kadhalu vadhu swami, edho boomandalam lo una prathi oka chetha India lo ne unatlu US lanti countries Green anatlu... Jai NTR, Jai Jai TDP | ||
| Ashton Hero Username: Ashton Post Number: 13854 Registered: 05-2008 Posted From: 107.22.217.159 Rating: N/A |
India lo money vunna business start chesi orders leka bankrupt ayye situation ki vachina people naku telusu .......All this is because of influence.....nee competitor paiki eduguthunte vadini thokki paiki vellali anukovatam India lo ne chusaanu.... | ||
| Scallion Hero Username: Scallion Post Number: 10334 Registered: 05-2009 Posted From: 206.123.17.17 Rating: N/A |
KiKiKi... epudu ministers, 6 years back ???? contacts help but they are not every thing money undi, strong will unte contacts devolop chesukovatam pedha matter kaadhu.... Manaki telisina vaadiki ivala power untundhi repu ooduthundhi but manam business lo continue avaali, so epatiki apudu kotha contacts devolop chesukovaali Jai NTR, Jai Jai TDP | ||
| Ashton Hero Username: Ashton Post Number: 13852 Registered: 05-2008 Posted From: 107.22.217.159 Rating: N/A |
scal kurrod ki anni thanu anukunattu ga jarigayi because of his contacts with tdp ministers, mlas......andariki vundavu kada?? A person with no influence cannot establish his business in India.... USA lo if you have money to invest, opportunities are plenty....no bribery...no forgery.. | ||
| Anand_n Hero Username: Anand_n Post Number: 10900 Registered: 02-2008 Posted From: 70.120.83.138 Rating: N/A |
True - kani desam lo unna corruption first hand experience chesinde kada..ikkada ippativaraku vinaledu at a small business level  aa chal ke tujhe main leke chalu ik aise gagan ke tale jahan gam bhi na ho, aansoo bhi na ho,bas pyaar hi pyaar pale | ||
| Scallion Hero Username: Scallion Post Number: 10333 Registered: 05-2009 Posted From: 206.123.17.17 Rating: N/A |
Meeku oka maata chepali anipinchindhi... ilanti articles ani desala lonu vasthayi USA lo ayithe 10 times ekuva compared to India..... Idhi oka raka mayina blackmailing tactic, periodically configuration od Indian Industry Chair ilanti koni interviews ivatam srva saadaranam.... China example Piramal is saying "people get greedy", how funny..... entha greed unte antha sampadinchi untadu ??? Jamshyd Godrej is claiming himself a honest businessmen how funny..... Jai NTR, Jai Jai TDP | ||
| Ipc302 Moderator Username: Ipc302 Post Number: 11133 Registered: 02-2008 Rating: N/A |
Picture yourself as a smart alec from one of India’s many fast-growing states—Andhra, Gujarat, and now even Bihar—who happens to run a small family business and is an old pal of the local Mantriji. With suitable inputs from his ministry’s babu, Mantriji floats a scheme to put up a large power generation project, say, worth a hefty Rs 2,000 crore. You summon a huddle of the large extended undivided family, and count your blessings, cash piles and bank accounts. Let’s say you have only Rs 100 crore. That elder who you think has been going senile scoffs and mumbles something to the effect of boys these days wanting to set up projects 20 times larger than the collective family wealth. You sigh deeply and buy him a ticket to Haridwar, Kashi, Chitrakoot or wherever. From here on, he can run the family charitable trust and generate goodwill. The Rs 2,000 crore power project is of national importance, being of strategic value to the country’s growth, so the government has sanctioned a 12 per cent ‘guaranteed return’. This bait is to be used to get banks in. At high leverage. This implies that instead of the prudent 2:1 debt-to-equity ratio, you can stretch it to 3:1. In simple English, that means for every rupee that you put in, the bank will give you a loan of Rs 3. If you put in Rs 500 crore, banks will release Rs 1,500 crore. Now, in a company with Rs 500 crore of equity capital, promoters need to have only a little more than Rs 250 crore worth of shares to have a controlling stake of just over 50 per cent. The rest can be dispersed among a million investors. But then, that doesn’t solve your problem. All you have is Rs 100 crore. You are Rs 150 crore short. What do you do? +++ You appoint a Merchant Banker—guys in suits who help you raise money from capital markets. They make you incorporate a new company with Rs 100 crore in capital, its 100 million shares (of Rs 10 face value each) owned entirely by you and your family. After that, riding on the wonderful project you have bagged, they help you launch an Initial Public Offer (IPO). You offer the public another 100 million shares at Rs 40 each, a premium of Rs 30. So what if the project has not even acquired land, leave alone plant and machinery, forget generating even a single megawatt of power? The Merchant Banker’s PR division plants helpful stories in the press extolling the virtues of the project and its promoters. Helpful stockbrokers circulate stories of the grey market premium that the yet-to-be-sold shares command. Your IPO is ‘oversubscribed’ thanks to the Standard Tricks Department of the Merchant Banker, and the shares debut on the stockmarket at Rs 50, trading at Rs 10 more than the issue price of Rs 40. The net worth of your company is now Rs 500 crore: Rs 200 crore paid-up capital (half of it yours) and Rs 300 crore in the share premium account. And you still own half the business. To meet their lending targets (and keep Mantriji happy), the banks promptly sanction Rs 1,500 crore in loans. Mantriji, a coalition partner in the state government by virtue of his three seats in the Assembly, provides support to the Chief Minister, whose party survives on a one-vote majority. Of your 50 per cent ownership, he has been given a secret 10 per cent stake. Of course, he does not own it directly but through two other local businessmen—one, a former property dealer, now a real estate company, and the other, a former tent-tamboo trader, now also a real estate company. With Rs 2,000 crore in your kitty, you now set off to distant shores to buy power equipment. Your travels take you to Old Europe, to the not-so-old US, and finally to New China, where you settle on state-of-the-art technology for Rs 1,000 crore. Next, your travels take you to Dubai, Singapore and finally Mauritius. Here, your Merchant Bank helps you set up a company that buys this equipment for Rs 1,000 crore from your Chinese suppliers, and then sells it, in turn, to your Indian market-listed power company for Rs 1,500 crore. Thus, your Rs 100 crore investment has already generated Rs 500 crore for you in a tax haven. Satisfied, you return to India with the peace of an ascetic and spirit of a man who has travelled the world to see India succeed. With the balance Rs 500 crore, you acquire land in a formerly ‘no-go area’ at throwaway prices from naïve tribals who are easily pleased with a third-rate hospital and worse school you set up for their upliftment (thus acquiring a do-gooder’s public image). In two years, the project is up and running. To guarantee 12 per cent returns on the Rs 2,000 crore project, the government buys electricity from you at a price that generates Rs 240 crore. You pay your banks Rs 150 crore in interest, and earn profits of Rs 90 crore on capital of Rs 200 crore. That is an earning-per-share of Rs 4.5, enough to keep your share price in a range of Rs 50-75 and your IPO investors happy. The Rs 500 crore you ‘earned’ in Mauritius, though, has shrunk to Rs 250 crore because you had to pay off the Merchant Banker, Mantriji, his babu, the press, and a few jholawalas and sundry accomplices. But you are now the proud owner of a Rs 2,000 crore company in India, and have a neat Rs 250 crore in dollars overseas. You can now set up another infrastructure project. This time, your money enters the country as FDI from your Mauritius company. Oh, we forgot to mention the ‘Business- man of the Year’ award that a business TV channel will give you this year. And the Bharat Sammaan to be awarded by a Hindi TV channel. It’s only a small dent in your overseas bank account. You deserve every bit of it, of course, for having brought so much investment into the country, setting up critical infra projects, putting up schools and hospitals. And those dumb Americans call such path-breaking projects Ponzi schemes! | ||
| True_indian Side Hero Username: True_indian Post Number: 8149 Registered: 01-2008 Posted From: 12.129.87.3 Rating: N/A |
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| New_user Hero Username: New_user Post Number: 17709 Registered: 02-2008 Posted From: 173.19.28.76 Rating: N/A |
Rebel India lo jobs undali ga? Ikkada manam job chesthunte, expatriate income tho ultimate ga, India ke benefit. Idupula Paya capital ga, Pulivendula country ni declare chesthene, Jagan ki nyayam jaruguthundi. - Next series of brainwash for fans. | ||
| Rebel Side Hero Username: Rebel Post Number: 8661 Registered: 02-2008 Posted From: 151.151.109.10 Rating: N/A |
nenannadi india lone undi jobs/business chesi india lone taxes kattochuga ani. | ||
| Anand_n Hero Username: Anand_n Post Number: 10886 Registered: 02-2008 Posted From: 70.120.83.138 Rating: N/A |
You seem to be stuck on something - asalu ikkada or in that article , advice evaru icharu? The article is a statement on the business environment in India, not on his choice ... And none of the people hear made a comment on his choice either aa chal ke tujhe main leke chalu ik aise gagan ke tale jahan gam bhi na ho, aansoo bhi na ho,bas pyaar hi pyaar pale | ||
| New_user Hero Username: New_user Post Number: 17707 Registered: 02-2008 Posted From: 173.19.28.76 Rating: N/A |
Rebel Ikkada manandaram US ki taxes kaduthunte, India ki nastama? Elaga? Explain. Idupula Paya capital ga, Pulivendula country ni declare chesthene, Jagan ki nyayam jaruguthundi. - Next series of brainwash for fans. | ||
| Rebel Side Hero Username: Rebel Post Number: 8660 Registered: 02-2008 Posted From: 151.151.109.10 Rating: N/A |
He is a businessman..he can invest wherever he likes or blow all the money in vegas..it's not public money for us to advise him where to invest. | ||
| Anand_n Hero Username: Anand_n Post Number: 10882 Registered: 02-2008 Posted From: 70.120.83.138 Rating: N/A |
The issue here is not that someone is asking him to invest in India. The problem is that he would like to invest in India but the environment is not conducive and he is looking outside India aa chal ke tujhe main leke chalu ik aise gagan ke tale jahan gam bhi na ho, aansoo bhi na ho,bas pyaar hi pyaar pale | ||
| Amigo Junior Artist Username: Amigo Post Number: 579 Registered: 05-2011 Posted From: 68.192.55.192 Rating: N/A |
Sad :-( | ||
| Rebel Side Hero Username: Rebel Post Number: 8659 Registered: 02-2008 Posted From: 151.151.109.10 Rating: N/A |
manandaram US vachi ikkada tax lu kadtunnam..adi kuda india ki nastam e kada...india lone jobs chesi akkade tax lu katti invest cheyochu kada...evadistam vadidi...vadi dabbu ni invest cheymantaniki manam evaram ? vadu invest chesi money pogottukunte advise ichinollu emi money ivvaru kada | ||
| Anand_n Hero Username: Anand_n Post Number: 10881 Registered: 02-2008 Posted From: 70.120.83.138 Rating: N/A |
Nashtam desaniki kabatti aa chal ke tujhe main leke chalu ik aise gagan ke tale jahan gam bhi na ho, aansoo bhi na ho,bas pyaar hi pyaar pale | ||
| Rebel Side Hero Username: Rebel Post Number: 8658 Registered: 02-2008 Posted From: 151.151.109.10 Rating: N/A |
vadi dabbu vadi istam..invest chestado leka moota katti mancham kinda dachukuntado vadistam...daniki inta pedda article enduku | ||
| Anand_n Hero Username: Anand_n Post Number: 10880 Registered: 02-2008 Posted From: 166.147.78.176 Rating: N/A |
Sad state of affairs  aa chal ke tujhe main leke chalu ik aise gagan ke tale jahan gam bhi na ho, aansoo bhi na ho,bas pyaar hi pyaar pale | ||
| Methhanithodugu Hero Username: Methhanithodugu Post Number: 14352 Registered: 12-2008 Posted From: 59.93.70.6 Rating: N/A |
Ajay Piramal, Indian tycoon, has tons of cash but nowhere to invest http://timesofindia.indiatimes.com/business/india-business/A jay-Piramal-Indian-tycoon-has-tons-of-cash-but-nowhere-to-in vest/articleshow/11269344.cms MUMBAI: Ajay Piramal is sitting on a mountain of cash. Yet the billionaire Indian tycoon, working in one of the world's fastest growing economies, is struggling to decide what to do with the money. The problem isn't opportunity, he said. It's India. "Every large investment, there was no transparency," Piramal said. His dilemma is a worrying sign for India. With the country mired in corruption, bureaucratic red tape and unclear and changing government policies, many of the men who made their billions here are saying maybe it's time to quit India. It's got to be easier to do business elsewhere. In May last year, Piramal's healthcare business sold its generic drug operations to US pharmaceutical giant Abbott Laboratories for $3.8 billion. Piramal, a tall big man in a country that still measures prosperity by girth, was eager to set that cash pile to work. He wanted to expand one of his chemical plants, but was told it would take five years. "The same plant could be set up in China in two years," he said. "I love India, but my customer is not going to wait." India, still a beacon of relatively fast growth despite a troubled world economy, should be a magnet for capital. Instead, since the beginning of 2010, the amount that Indians have invested in businesses overseas has exceeded the amount foreigners are investing in India, according to central bank figures. In part this reflects the confidence and aptitude of India's maturing companies and the current malaise in the global economy and financial markets. But it also reflects deep problems at home. India's big coporations may be cash rich but the failure to invest that money domestically is bad news for a developing country that needs capital to build the roads, power plants and food warehouses that could help lift hundreds of millions out of dire poverty. The frustration of India's business elite with corruption, political paralysis, log-jammed approvals, regulatory flip-flops, lack of access to natural resources and land acquisition battles -- to pick a few of the top complaints -- has reached a pitch perhaps not heard since India began liberalizing its economy in the early 1990s. "If you are an honest businessman in India, it's very difficult to start up anything," said Jamshyd Godrej, chairman of manufacturing giant Godrej & Boyce. "Companies are going to operate where they see the best opportunities and efficiency for their capital." Increasingly, that's outside India. In 2008, foreigners poured roughly twice as much direct investment into India -- $33 billion -- as Indians plowed into businesses overseas. By 2010, that had reversed: Indians invested $40 billion abroad twice as much as foreigners invested in India a trend that's continued this year. There is another, unspoken element to all the complaints. To the extent that business in India ran on corruption, some of the old, dirty ways of doing things are being disrupted, freezing India's already glacial bureaucracy, business leaders say. Scandals in the staging of the Commonwealth Games, the pilfering of homes meant for war widows and the irregular auction of cellphone spectrum that cost the country billions has sent parliamentarians and even a Cabinet minister to prison. With Indians tiring of the incessant graft, tens of thousands of middle-class protesters poured into the streets and pushed an anti-corruption bill onto the floor of Parliament. Steelmakers can't get enough iron ore because a massive mining scandal in the southern state of Karnataka prompted a court to order the closure of illicit mines that account for a fifth of iron ore production in the country. The bureaucrats -- even the honest ones -- are reportedly so scared of being punished they are refusing to make the decisions needed to make the country run. Piramal is not unpatriotic. Each room in his executive suite is named after an Indian epic hero: Arjuna, the most pure; Dhananjay, acquirer and master of wealth. There's a quote from the Upanishads scriptures on the wall. His office sits in a one-million-square-foot office park in Mumbai his family built. The buildings around him -- white with blue glass that flashes back the unforgiving sun -- bear his own name in large black letters: Piramal Towers. Piramal had the will and the means to build power plants and roads. Instead, his Piramal Group's largest investment to date has been in one of the office park's tenants: the Indian subsidiary of the British telecom giant Vodafone Plc. Last September, when he got the first payout, of $2.2 billion, from Abbott, the phone started ringing. "Because people knew we had money, we had so many people approaching us for projects in the infrastructure sector," he said. "These people had no experience and no knowledge and no track record of having built a business in any area. And yet they were coming to us saying we have licenses and approvals. That just didn't sound right or smell right." Each day, they paraded through his office: The investment banker who decided to build a 500-megawatt power plant, the coal trader assured of a government coal allocation, small-time miners with pretty presentations promising land, licenses and financing. "They'd name politicians from the center and the state who had it all tied up for them," he said. "It didn't sound right. Obviously there were things going on in the system." Road and port projects weren't much better, he said. Piramal also looked at investing in engineering and infrastructure services companies, but couldn't make sense of their books. "We couldn't find anything," he said. "People get greedy. In their desire to get good valuations they resort to, if I can say, creative accounting." Today, India's infrastructure companies are known as great wealth destroyers. "Infrastructure investment has become untouchable, a sure way of losing money," said Jagannadham Thunuguntla, head of research at SMC Global Securities. He calculates that four of India's top infrastructure companies -- GMR Infrastructure, GVK Power and Infrastructure, Lanco Infratech and Punj Lloyd have lost over 80 percent of their value since 2007. A fifth, Larson & Toubro is down 50 percent. Piramal may have dodged a bullet, but shareholders in Piramal Healthcare aren't happy. Despite a $600 million special dividend and share buyback, the share price has sagged since the Abbott deal was announced on May 21 last year. They'd like to see the Abbott cash productively deployed. Instead, much of it is sitting in fixed deposit accounts. Piramal said he really does want to run a pharmaceutical company and be the first Indian company to discover a world-class drug _ despite his dabbling in telecom, financial services and real estate financing. It's just that pharma can't absorb all his cash. He plans to sell the 5.5 percent stake he picked up in Vodafone Essar for $640 million in a few years, when Vodafone Essar issues shares in an initial public offering, he said. He has also launched Piramal Capital, to make real estate and infrastructure loans, and spent about $50 million to acquire IndiaReit, a real estate investment company. Meanwhile, his thoughts have turned to Boston, where he set up IndUS Growth Partners with a professor from Harvard Business School to look for buying opportunities in the U.S., in security, financial services and biotechnology. And he said he's still planning to spend over a billion dollars on biotechnology acquisitions in North America and Europe. "India was going more towards capitalism than socialism," Piramal said. "I think we're going back. Capitalism went to too much excess. Corruption levels went to the extreme." He said he'll announce his first overseas acquisition by March. Dont waste Food Hyd&Guntur Jagadish Hatsoff |
