Shishir Prasad
I have been a business journalist for 16 years and worked with Business Standard, Businessworld, Economic Times and Forbes India. Most of those years were spent writing on strategy, technology and private equity.
The question investors should ask Infosys is not whether their earnings will be good or bad but what’s their next billion dollar move
There is a belief that goings on at IEP are because of it could not raise its second fund of $500 million. And the reason they could not raise the second fund is because they haven’t made good returns. Both reasons are false. IEP has already raised $100 million. They have had 3 exits till date. IEP has made 6.5 times the invested capital in Manappuram Finance and 3 times their money from exits in Bajaj Auto and Ikya, which is an HR outsourcing company.
A part of this slowdown of opportunities for large funds, can be attributed to the fact that big infrastructure like power, roads, ports have been hit by the lack of policy clarity.
While India has had great sitar exponents, the mantle of being that great bridge between various musical traditions belongs to Pandit Ravi Shankar.
Hindustani Classical evolved under the Court patronage of the Mughal empire and was not very easily available to the lay listener. It was only after the Maratha kings started providing patronage to Ustads and Pandits which the decaying Mughal Empire could not support that Hindustani Classical Music became easier to listen to and learn
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