Monday, May 28, 2007

Just Buy It

India Inc is on a merger and acquisition (M&A) binge like never before, as the takeover fever has gripped India Inc. For the first time, outbound investments from India have surpassed inbound investments. According to reports, there were 80 M&A deals with a total value of about $10.73 billion till October 2006. The total M&A deals between January and October 2006 have been about 380 with an announced value of $24.4 billion. - NDTV, 3 March 2007

Sunday, May 13, 2007

Mobile Rules #02

Mobile Rules #01

Middle East Relay

To undermine Iran, which is predominantly Shiite, the Bush Administration has decided, in effect, to reconfigure its priorities in the Middle East. In Lebanon, the Administration has coƶperated with Saudi Arabia’s government, which is Sunni, in clandestine operations that are intended to weaken Hezbollah, the Shiite organization that is backed by Iran. The U.S. has also taken part in clandestine operations aimed at Iran and its ally Syria. A by-product of these activities has been the bolstering of Sunni extremist groups that espouse a militant vision of Islam and are hostile to America and sympathetic to Al Qaeda. - The Newyorker, 5 March 2007

Sunday, May 06, 2007

Fake Encounter

Three IPS officers are under arrest for the murders of Soharabbudin Sheikh and his wife Kauser Bi. Sheikh was gunned down in a fake encounter in November 2005 near Ahmedabad and Kauser Bi was killed later. The murders have embarrassed the Narendra Modi government and raised question whether the police was acting alone or following orders of their political bosses. - CNN-IBN, 06 May 2007