India Business Analysis -- Your Third Eye on India

India's first ``viewsletter''

India Business Analysis is published on the 1st and 15 of every month.
India Business Analysis Plus is published on the 8th and 22nd of every month.

IBA Plus -- March 1, 1996

Nuclear power plans floundering
The nuclear power programme is in poor shape with performance lagging way behind targets. Acute shortage of funds and time overruns have set the clock back in this vital area.

No-holds-barred battle in Maharashtra
The fight for 48 Lok Sabha seats in Maharashtra in the forthcoming general elections is likely to be a cut-throat one. This was evident in the aggressiveness with which the two main political rivals in the stateÐthe ruling Shiv Sena-Bharatiya Janata Party alliance and the Congress I fought the recent biennial election to seven seats of the Rajya Sabha.

Foreign banks -- much ground to tread
Foreign banks have always been marginal players in India. Though they have been high on visibility (thanks to their high-voltage publicity), their share of the Indian banking cake is nothing to write home about.

Sustained recovery on the cards
A sizzling stocks rally has sent the doomsayers for cover. In a complete turnaround to year-long depressed conditions, and to the utter surprise of market pundits, the bourses exploded into frenetic activity in February. And, the good news is that the gains are likely to remain intact.

Scramble to woo the MBAs
Wages and salaries have become superannuated words, relics of the past. Today, the magic word is compensation. Thanks to the now overused buzzwords of liberalisation and globalisation, there has been a mad scramble for taking on board MBAs and management graduates through increased compensation. Indian companies have also jumped on to the bandwagon, offering attractive, and innovative wage packets.

Winds of Change
New products and processes

Economic Panorama
New investments, policy changes


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