BOOK REVIEWS


Anand Desai 27 June 2014
A look at how gods and goddesses play a pivotal role in deciding trends in the Indian marketplace This book provides a trivia-heavy look at the pervasiveness of religion in India, from the point of view of the fast-moving urban Indian. Even though breezy, the book is valuable, especially...

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India is not the easiest place to get your head around. This book gives a value investor’s guide to investing in India India has more than 6,000 listed companies, but formal research is available only for some hundred-odd companies. Therefore, the Indian market is rife with mis-pricing...

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How the Marwaris came to acquire enormous wealth and business dominance   MV Subbiah, the patriarch of the Murugappa group, once pointed out to me that India has had great trading communities through the ages, such as Sindhis, Kutchchis, Chettiars and Marwaris, but none of them came...

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How Narendra Modi’s governance model actually works. A catalogue of Modi's schemes   By the time you read this issue, the verdict of general elections of 2014 would have been clear. And, with that, we would have got the answer to the intense speculation that has gripped the nation for...

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The inside story of the Indian general elections by the former CEC The Indian election is a gigantic exercise that is often called the ‘greatest show on earth’. As Gopalkrishna Gandhi sums up in his foreword to this book: “India is valued the world over for a great many things, but for...

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Former CEC Dr SY Quraishi unravels the myth and mystery behind the great election machine, the men and women who run the world’s largest democracy and the citizens who participate in it with great gusto in his book, 'An Undocumented Wonder'. The book will be launched in Mumbai on 9th May

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 A nutrition-based approach to health that offers safe remedies for 75 health conditions Most of us depend on the modern healthcare system, comprising pharmaceutical companies, hospitals and medical practitioners. From simple medicines, like antibiotics, to new drug discoveries and...

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Moneylife Digital Team 02 May 2014
Thoughts on business and life, of the man who founded the famous Selfridges department store Most people have an innate disdain for merchants. But, as Harry Godon Selfridge argued 100 years ago: “The preacher, the lecturer, the actor, the real estate agent, the farmer, the employee all,...

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Sanjaya Baru , Manmohan Singh’s first media advisor, gets bad-mouthed by Congress Party leaders about what he has written about Dr Manmohan Singh but the book is really more about the author himself Congress spokesperson Abhishek Manu Singhvi’s reaction to The Accidental Prime Minister,...

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Divya Malcolm 23 April 2014
‘It had to be You’ is a Bollywood script right from the word go Born in Barelley, Anuj Tiwari, is an IT Engineer by profession, with a full time job. This pastime author launched his second book, titled It Had To Be You, on Good Friday.  At the launch he made a number of confessions and...

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According to Prof Vaidyanathan, soon we would have to strengthen and facilitate our small business that contributes a huge 45% to the Indian economy and this would help in better employment and society R Vaidyanathan, the professor of Finance at Indian Institute of Management, Bangalore...

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A delightful survey of organisations When the Al-Qaeda successfully destroyed the World Trade Centre Towers in 2001, many experts sat up. A terrorist group, seemingly without a clear hierarchy or a bureaucracy, could motivate hundreds with the same beliefs and band them together for...

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Narendra Modi may turn out be an autocrat, but he will have a tough time surpassing Indira Gandhi’s record of nastiness, as this books has documented In late March 2014, as the election fever started rising, Narendra Modi, the prime ministerial candidate, started asserting himself more...

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Why real-world decisions require a combination of left-brain analysis and right-brain ambition As we know, individuals are prone to various biases, such as looking for information that will confirm what they believe (confirmation bias) or have the illusion of control and imagine that...

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The man behind the world’s largest bicycle and motorcycle company This book is about Om Prakash Munjal, founder of the Hero Cycles and manufacturer of Hero motorbikes. It highlights the advantages of a home-grown and people-driven style of management over the process-driven Western...

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A range of value investing styles and opportunities John Mihaljevic is the managing editor of The Manual of Ideas, a monthly journal for value-oriented investors. The popular investing newsletter is aimed at generating investment ideas and publishes interviews with numerous fund managers...

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Some good profiles by Subroto Bagchi but many puff pieces This book is a compilation of Subroto Bagchi’s long-running column about “sixty men and women I came in contact (who) left behind a sense of wisdom.” Bagchi shares these with us through this tome. He classifies his subjects under...

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Bonds have worked well over a long term in the US. But their future isn’t great. Over the past 30 years, bonds have created a lot of wealth for bondholders—in most periods, even more than stocks. But this is mainly because of the high interest rates that prevailed at the beginning of...

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Moneylife Digital Team 24 February 2014
The art and science of managing delays Economist George Akerlof (who won the Nobel Prize in Economic Sciences in 2001) was spending a year in India, after graduate school, and his friend and fellow economist, Joseph Stiglitz (also a Nobel Laureate in Economic Sciences in 2001), visited...

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Glimpses of John Bogle‘s remarkable life The principal role of the mutual fund is to serve its shareholders”; thus wrote legendary mutual fund pioneer, John Bogle, in his thesis at Princeton. He served, and continues to serve, the common investor in the United States and an inspiration...

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