The collapse of the Dubai bubble

Was it expected?  Well, it depends on the people you are asking.  If you ask the rulers of the kingdom, then everything is and was hunky dory.  If you ask the economists and people tracking the business of Dubai, it was always sitting on a debt bubble, ever willing to burst. The tallest building, the…

India Business Updates

India Inc’s M&A bill crosses $50 billion in 07 Merger and acquisitions are set to become one of the most important trends of 2007 for India Inc, with the total deal value crossing 50-billion dollar mark with one more month still to go. According to data compiled by international consultancy major Grant Thornton, India Inc…

Benazir Bhutto survives to tell the tale

The God that Benazir Bhutto prays to is too kind on her. Looking at the television pictures of the carnage caused by the suicide bomber on her motorcade, its simply a miracle as to how she survived. Its going to be a long and bloody battle between the moderates in the political sphere and the…