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	<title>Customer &#38; Management Blog &#187; Finance</title>
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	<link>http://managementblog.customermath.com</link>
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		<title>Growth with debt-Keep your fingers crossed</title>
		<link>http://managementblog.customermath.com/index.php/2009/02/11/growth-with-debt-keep-your-fingers-crossed/</link>
		<comments>http://managementblog.customermath.com/index.php/2009/02/11/growth-with-debt-keep-your-fingers-crossed/#comments</comments>
		<pubDate>Wed, 11 Feb 2009 13:55:16 +0000</pubDate>
		<dc:creator>Avinash Narula</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[Retail]]></category>
		<category><![CDATA[Corus]]></category>
		<category><![CDATA[Jaguar]]></category>
		<category><![CDATA[Subhiksha]]></category>
		<category><![CDATA[Tatas]]></category>

		<guid isPermaLink="false">http://managementblog.customermath.com/?p=203</guid>
		<description><![CDATA[I was surprised to note that Tatas have also borrowed heavily by pledging its shares. Growth with too much borrowed money is very risky. Public invests in Tata companies thinking they are financially sound without realizing that they have borrowed heavily. When I saw Tatas going in for huge acquisitions like Jaguar/Rover and Corus, I [...]]]></description>
		<wfw:commentRss>http://managementblog.customermath.com/index.php/2009/02/11/growth-with-debt-keep-your-fingers-crossed/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Is Delhi airport renovation heading for trouble</title>
		<link>http://managementblog.customermath.com/index.php/2009/01/22/is-delhi-airport-renovation-heading-for-trouble/</link>
		<comments>http://managementblog.customermath.com/index.php/2009/01/22/is-delhi-airport-renovation-heading-for-trouble/#comments</comments>
		<pubDate>Thu, 22 Jan 2009 14:05:25 +0000</pubDate>
		<dc:creator>Avinash Narula</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Delhi International Airport]]></category>
		<category><![CDATA[DIAL]]></category>
		<category><![CDATA[GMGR]]></category>

		<guid isPermaLink="false">http://managementblog.customermath.com/?p=167</guid>
		<description><![CDATA[I think its time that GMGR led DIAL is told to quit if it doesn&#8217;t have funds or can&#8217;t raise funds to complete the upgradation of Delhi Airport. Every now and then they keep coming up with some scheme (I think they are scams) to raise money. I think last year, they wanted to take [...]]]></description>
		<wfw:commentRss>http://managementblog.customermath.com/index.php/2009/01/22/is-delhi-airport-renovation-heading-for-trouble/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>SEBI asks promoters to reveal pledged shares information</title>
		<link>http://managementblog.customermath.com/index.php/2009/01/22/promoters-pledged-shares-information/</link>
		<comments>http://managementblog.customermath.com/index.php/2009/01/22/promoters-pledged-shares-information/#comments</comments>
		<pubDate>Thu, 22 Jan 2009 13:44:47 +0000</pubDate>
		<dc:creator>Avinash Narula</dc:creator>
				<category><![CDATA[Corporate governance]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[pledged shares]]></category>
		<category><![CDATA[Satyam]]></category>
		<category><![CDATA[SEBI]]></category>

		<guid isPermaLink="false">http://managementblog.customermath.com/?p=165</guid>
		<description><![CDATA[It seems that after the Satyam fiasco, SEBI is asking promoters to reveal information about pledged shares. I do not think that this step will do any good. Promoters will reveal the information and after some time people will forget about it.
According to me, SEBI should take the following steps:
(a) Promoters should only be allowed [...]]]></description>
		<wfw:commentRss>http://managementblog.customermath.com/index.php/2009/01/22/promoters-pledged-shares-information/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>A simple solution to the financial crisis</title>
		<link>http://managementblog.customermath.com/index.php/2009/01/16/financial-crisis-simple-solution/</link>
		<comments>http://managementblog.customermath.com/index.php/2009/01/16/financial-crisis-simple-solution/#comments</comments>
		<pubDate>Sat, 17 Jan 2009 04:13:31 +0000</pubDate>
		<dc:creator>Avinash Narula</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[American economy]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[President Barack Obama]]></category>

		<guid isPermaLink="false">http://managementblog.customermath.com/?p=143</guid>
		<description><![CDATA[I agree with the majority of the American people that there should no more bailouts. Why? Because that is not a solution. We have already seen that noone knows where the $350 billion went. The problem is the economy as a whole and not any individual industry. You cannot bail out one industry because the [...]]]></description>
		<wfw:commentRss>http://managementblog.customermath.com/index.php/2009/01/16/financial-crisis-simple-solution/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Finance Christmas Carol for 2008</title>
		<link>http://managementblog.customermath.com/index.php/2008/11/27/finance-christmas-carol-for-2008/</link>
		<comments>http://managementblog.customermath.com/index.php/2008/11/27/finance-christmas-carol-for-2008/#comments</comments>
		<pubDate>Fri, 28 Nov 2008 05:13:00 +0000</pubDate>
		<dc:creator>Avinash Narula</dc:creator>
				<category><![CDATA[Finance]]></category>

		<guid isPermaLink="false">http://managementblog.customermath.com/index.php/2008/11/27/finance-christmas-carol-for-2008/</guid>
		<description><![CDATA[ Here is a Christmas carol written by a student in Australia that has an important message for all
You&#8217;d better watch out
You&#8217;d better not cry
You&#8217;d better keep cash
I&#8217;m telling you why
Recession is coming to town!
It&#8217;s hitting you once
It&#8217;s hitting you twice
It doesn&#8217;t care if you&#8217;ve been careful and wise
Recession is coming to town!
It&#8217;s worthless if [...]]]></description>
		<wfw:commentRss>http://managementblog.customermath.com/index.php/2008/11/27/finance-christmas-carol-for-2008/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Never forget, there is no FREE LUNCH</title>
		<link>http://managementblog.customermath.com/index.php/2008/10/10/sub-prime-crisis/</link>
		<comments>http://managementblog.customermath.com/index.php/2008/10/10/sub-prime-crisis/#comments</comments>
		<pubDate>Fri, 10 Oct 2008 14:28:01 +0000</pubDate>
		<dc:creator>Avinash Narula</dc:creator>
				<category><![CDATA[Finance]]></category>

		<guid isPermaLink="false">http://managementblog.customermath.com/index.php/2008/10/10/dont-forget-there-is-no-free-lunch/</guid>
		<description><![CDATA[Let me take this opportunity to comment on the current financial crisis. The major reason behind what has happened is our quest for high growth combined with our reluctance to logically question the reason for the high growth. This is also true for the financial crisis that gripped India after the Harshad Mehta scam.
Let me [...]]]></description>
		<wfw:commentRss>http://managementblog.customermath.com/index.php/2008/10/10/sub-prime-crisis/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Ranbaxy stake sale &#8211; Let&#8217;s call a spade a spade</title>
		<link>http://managementblog.customermath.com/index.php/2008/06/15/ranbaxy-stake-sale-lets-call-a-spade-a-spade/</link>
		<comments>http://managementblog.customermath.com/index.php/2008/06/15/ranbaxy-stake-sale-lets-call-a-spade-a-spade/#comments</comments>
		<pubDate>Mon, 16 Jun 2008 03:53:20 +0000</pubDate>
		<dc:creator>Avinash Narula</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Mergers & Acquisitions]]></category>

		<guid isPermaLink="false">http://managementblog.customermath.com/index.php/2008/06/15/ranbaxy-stake-sale-lets-call-a-spade-a-spade/</guid>
		<description><![CDATA[The Singh family, promoters of Ranbaxy Laboratories, in a surprise move sold their controlling stake to Daiichi. Now this act of the Singh family is just what it is &#8211; a stake sale. However, Malvinder Singh, CEO of Ranbaxy has explained this move as a pioneering move and as such I am forced to comment.
First, [...]]]></description>
		<wfw:commentRss>http://managementblog.customermath.com/index.php/2008/06/15/ranbaxy-stake-sale-lets-call-a-spade-a-spade/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>What goes up fast, also comes down fast</title>
		<link>http://managementblog.customermath.com/index.php/2008/04/09/what-goes-up-fast/</link>
		<comments>http://managementblog.customermath.com/index.php/2008/04/09/what-goes-up-fast/#comments</comments>
		<pubDate>Wed, 09 Apr 2008 15:53:23 +0000</pubDate>
		<dc:creator>Avinash Narula</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[General Management]]></category>

		<guid isPermaLink="false">http://www.customermath.com/newcustomer/wordpress_zia/?p=28</guid>
		<description><![CDATA[My interest in the stock market arose at the time of Reliance Power IPO. That was the first time that I commented on the stock market. At that time, I started reading Udayan Mukherjee&#8217;s column in HT. I liked his writing style.
Anyway, a few days back he wrote that India is being punished for being [...]]]></description>
		<wfw:commentRss>http://managementblog.customermath.com/index.php/2008/04/09/what-goes-up-fast/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Reliance &#8211; IPO</title>
		<link>http://managementblog.customermath.com/index.php/2008/01/28/reliance-ipo/</link>
		<comments>http://managementblog.customermath.com/index.php/2008/01/28/reliance-ipo/#comments</comments>
		<pubDate>Mon, 28 Jan 2008 14:07:53 +0000</pubDate>
		<dc:creator>Avinash Narula</dc:creator>
				<category><![CDATA[Finance]]></category>

		<guid isPermaLink="false">http://www.customermath.com/newcustomer/wordpress_zia/?p=20</guid>
		<description><![CDATA[Even though, I had finance as one of my specialization in MBA, I have been a little confused with the how heavily the Realinace Power IPO has been oversubscribed. I do nor remember exact numbers but I remember the IPO was at around Rs. 450 and the market was expecting it to be listed at [...]]]></description>
		<wfw:commentRss>http://managementblog.customermath.com/index.php/2008/01/28/reliance-ipo/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
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