Seasonal Magazine

"No Financial Impact on Manapuram Finance Ltd:" VP Nandakumar, Chairman

2012-02-14T11:31:00.000+05:30

Manappuram Finance Ltd (BSE: 531213, NSE: MANAPPURAM) has been going through a difficult patch after the RBI directive that its group companies should stop taking deposits. Close on heels came speculations that RBI will regulate gold loan players like Manappuram Finance and Muthoot Finance. Seasonal Magazine caught up with Chairman VP Nandakumar to clarify various points regarding both

7 Ways Indian Priorities are Quite Wrong

2012-02-11T16:17:00.000+05:30

The budget season is fast approaching, the fiscal will soon end, and our rulers are sitting glum thinking that taming inflation and managing 7% growth are the greatest achievements that would have been possible in this year. When will politicians learn to face facts? Admit that their priorities have often been wrong? Here is just a sampling:Wrong No. 1: Putting Stock Market Interests First:

"Musli Power X-Tra is Now Stronger, Thanks to the Court Case"

2012-02-09T15:50:00.000+05:30

KC Abraham, Founder & MD, Kunnath Pharma Earlier customers had to rely only on his word. But thanks to a court-directed analytical test, which KC Abraham believes to be instigated by some powerful lobbies, now the controversial product’s purity is attested by the best authorized analytical lab in India. Kunnath Pharmaceuticals’ Founder is rapidly trying to cover lost ground in the past 18

“KCA’s Achievements are Enough to Silence Critics”

2012-02-01T12:05:00.000+05:30

Within moments of meeting TC Mathew, his style of doing things is evident. The Secretary of Kerala Cricket Association doesn’t mince words. If he has the option to think of something and also to do that something, Mathew would rather do it first. It is this doer credentials with which he holds his forte among a rising pool of detractors. His opinions are often radical, not to mention that

In Cricket, No One is No.1

2012-01-31T19:20:00.000+05:30

By Carl JaisonAs predicted before the commencement of the Australian tour, India let themselves and their fans down with yet another abject surrender. Before this starts to become a habit, India must arrest this horrifying slide. An overhaul in Indian Cricket is impending. The sooner, the better. Losing is part and parcel of any sport, but the margin of defeats shocks one more than anything.

Decoding Indian Cricket’s Downfall

2012-01-18T15:45:00.000+05:30

By Carl Jaison “When you die, you die. You don’t see which is the better way to die,” remarked MS Dhoni when the Indian captain was quizzed on whether a series whitewash in hands of the Aussies is more dis-heartening than the one England handed out to the men-in-blue. Correction: The Men in Whites. The aforementioned tag’s cousin, the blue brigade, have showcased undeterred fighting spirit and

India Down and Out, Down Under

2012-01-11T14:01:00.000+05:30

By Carl Jaison Battered and tamed, the Indian team resembles not more than a bunch of sight-seers. Crushing defeats at Melbourne and Sydney have got the impatient and hungry critics up on their feet. If one were to look back at the start of this series, none had given the Aussies a glimpse of possibility to emerge eventual victors. India was tipped to overpower the mighty Aussies with

Anna Hazare Changes Political Stance, Will He Launch a Party?

2012-01-10T18:09:00.000+05:30

Anna Hazare led India Against Corruption (IAS) movement has today announced that it will not specifically campaign against the Congress Party in the upcoming state polls, which is a marked departure from its earlier stance that Congress is the principal, if not the only enemy, standing in its way to get its version of Jan Lokpal bill passed.The Core Committee of the movement had yesterday met

An Open Letter to Madam Jayalalithaa, on Mullaperiyar

2011-12-10T19:57:00.001+05:30

Dear Madam,We start by thanking you heartily from the bottom of our hearts for reaching out to the people of Kerala through your open letter that appeared as full-page advertisements in major dailies today.Your letter is remarkable in that it highlights the various strengthening measures carried out on the original Mullaperiyar Dam between the years 1980 and 1994. Many people of Kerala and

Manappuram’s MAcare Inaugurated in Kochi, Largest Diagnostics Centre in Kerala

2011-12-10T11:56:00.001+05:30

Union Minister KV Thomas today inaugurated Manappuram Group’s diagnostics and dental care centre in Kochi. Branded as MAcare, this 17,000 sq ft integrated facility is the largest diagnostics centre in Kerala. The International Dental Hospital was inaugurated by Hibi Eden, Member of Kerala Legislative Assembly. The Pharmacy Division was inaugurated by Sebastian Paul, former MP. Presiding over

"Manappuram Finance, MAcare, & Riti Jewelry are All Independent Companies," says VP Nandakumar

2011-12-08T16:45:00.001+05:30

Interview with Manappuram Group Chairman, VP Nandakumar: MAcare, the healthcare divison of Manappuram Group is all set to unveil its flagship super-speciality diagnostic and dental clinic at Kochi on December 10th. The highpoint of the 17,000 sq ft air-conditioned clinic developed on an investment of Rs. 50 crore is that it goes beyond mere diagnostics, and will undertake Day

“Musli Power Xtra Will Storm the Market Again,” says Founder

2011-12-08T11:06:00.001+05:30

Interview with Musli Power Xtra Founder and MD of Kunnath Pharmaceuticals, KC Abraham: When we met him with our hard questions, he was still to get the favourable court order executed in his favour by Kerala’s Department of Drugs. But KC Abraham showed us a copy of the court order, the legal advice that he has received, as well as a copy of the national level lab test result that disproves

Public Sector Banks: Will Finance Ministry’s New Micromanagement Hurt Them More?

2011-11-28T17:21:00.001+05:30

India’s Ministry of Finance, virtually the sole authority overseeing Indian Government’s ownership of the country’s public sector banks, is understood to have recently taken a more proactive role in managing - or even to the extend of micro-managing them - for better performance.The crucial question now before these PSBs, is whether this will stress them out more, as they are already

Clash with the Caribbean Calypsos

2011-11-07T12:41:00.000+05:30

The West Indies team, over the years, has always sprung a surprise no matter where they have been playing their cricket. The energy within the team is immense and there is that extra bit of excitement among the Windies youngsters which could be attributed to their care-free and enjoyable lifestyle back home. The Caribbean unit can be as drab as on a given day or may be potent threats on their

Is Manappuram’s Maiden NCD Issue Attractive for Investors?

2011-08-17T11:30:00.000+05:30

Manappuram Finance Ltd (BSE: 531213, NSE: MANAPPURAM), one of Indian stock market’s most wealth creating mid-cap companies for retail investors, is back with a public issue of a different kind. Manappuram’s Rs. 750 crore non convertible debenture issue offers an industry-leading 12% interest for 13 months, and is a powerful solution for all those who are disappointed with the current equity

S&P’s Downgrade of US Debt - 5 Reasons Why it is Wrong and Markets will Rebound

2011-08-08T13:40:00.000+05:30

While Standard & Poor’s downgrade of US debt is sending shockwaves across the US and world economic system, criticism about the downgrade is also mounting from investors like Warren Buffett to economists like Paul Krugman. Here are 5 reasons why S&P’s action may be intrinsically flawed or even malicious, and why the world markets are poised for a quick rebound. 1) Political Motivations: S&P has

Axis Bank - Buy, Sell, or Hold, Based on Q1 & the Steep Fall?

2011-08-08T10:41:00.000+05:30

Axis Bank Ltd (BSE: 532215, NSE: AXISBANK), India’s third largest private sector bank by revenue, has delivered good returns to investors during some time-frames. Anyway, what is the outlook now after first quarter results and the steep correction in the market as well as the stock? Axis Bank’s Q1 revenue has soared year-on-year from Rs. 4326.37 crore to Rs. 6049.27 crore, which is a robust

Union Bank - Buy, Sell, or Hold Now, Based on Q1 Results?

2011-08-05T14:06:00.000+05:30

Union Bank of India, India’s sixth largest public sector bank by revenue, has delivered good returns to investors during several time-frames in its listed history. But what is the outlook now after first quarter results? Union Bank’s Q1 revenue has soared year-on-year from Rs. 4120.66 crore to Rs. 5399.68 crore, which is a 31.04% robust jump. The quarter-on-quarter growth is from Rs. 5215.81

HDFC Bank - Buy, Sell, or Hold Now, Based on Q1 Results?

2011-08-05T12:05:00.000+05:30

HDFC Bank (BSE: 500180, NSE: HDFCBANK), India’s second largest private sector bank by revenue, has delivered excellent returns to investors during most time-frames in its listed history. Anyway, what is the outlook now after first quarter results and the ongoing correction in markets? HDFC Bank’s Q1 revenue has soared year-on-year from Rs. 5360.03 crore to Rs. 7098 crore, which is a robust

Bank of India - Buy, Sell, or Hold, Based on Q1 Results?

2011-08-04T12:09:00.000+05:30

Bank of India (BSE: 532149, NSE: BANKINDIA), country’s fifth largest public sector bank by revenue, has delivered exceptional returns to investors during a couple of time-frames in its listed history. But what is the outlook now after first quarter results? Bank of India's Q1 revenue has soared year-on-year from Rs. 5407.62 crore to Rs. 7293.68 crore, which is a 34.88% robust jump. The

What Anna Hazare can Learn from the US Debt Crisis by Tea Party

2011-08-02T11:47:00.001+05:30

On the last day of July 2011, India had come closer than ever before to the killing of a promising anti-corruption movement with grassroots support. On the same day, the world had come closer than ever before to an unprecedented financial crisis, thanks to another grassroots movement in the USA. Indian Parliament’s crucial monsoon session began on August 1st, whose prime agenda is to pass an

L&T Finance IPO - After SKS & Muthoot, Another Overpriced NBFC IPO?

2011-07-25T11:08:00.000+05:30

The Initial Public Offering (IPO) of L&T Finance Holdings Ltd, the non-banking finance company (NBFC) promoted by India’s engineering major Larsen & Toubro Ltd (BSE: 500510, NSE: LT), is all set to open on 27th July with a price band of Rs. 51-59. The offer price appears deceptively cheap, as it is just around 6 times the face-value of Rs. 10. But going deeply into what is being offered at this

Choithram International School is Demystifying & Economising IB Education

2011-07-06T18:17:00.004+05:30

Promoted by Indore-based Choithram Trusts, led by philanthropist Satish P Motiani, and executed by educationalist Dilip Vasu, the Choithram International School of Indore is today not only one among the only four IB World Schools in the country, but leading the out-of-the-box thinking by breaking some unquestioned paradigms in education, aided by a generous use of technology, but still fulfilling

Indus International School Plans Engagement with Civil Society

2011-07-06T17:25:00.001+05:30

Bangalore’s Indus International School, promoted by a group of industrialists, technopreneurs, and academicians, and led by the much decorated former soldier and scholar, Lt. Gen. Arjun Ray, VSM, PVSM, and noted academician Mrs. Sarojini Rao, is nowadays exploring ways and means in which students can engage and contribute to the civil society around them. For those who have known Bangalore’s

Acharya Can Move Up By Attracting Talent and Updating Infrastructure

2011-07-05T13:34:00.000+05:30

Bangalore based Acharya Institutes is today one of the largest integrated campuses in the city for professional education in various streams. The 120-acre 15-lakh sqft campus is home to 5650 students now. But there is still much distance to be covered by Acharya, for it to be ranked within, say, the Top-5 engineering colleges of Karnataka by CET ranking. Chairman B Premnath Reddy realises this