All of us are aware of the famous American Express episode with Warren Buffet. To recount in brief, a company called Allied Crude Vegetable Oil, had a great idea.  Buy up the entire soybean oil surplus, which was used to make everything from salad dressing to paint, and ship the oil abroad using government aid […]

“If you can do no good, at least do no harm.” ― Kurt Vonnegut Apparently the HDFC board has never heard this. When it met on Monday, 7th Jan to decide on the planned merger with Bandhan Bank this thought never crossed their mind. The apparent reasons for this deal were thrown up in typical investment-banker-double […]