January 15, 2012
Neither our cricket team nor the oil policy is able to manage risks…….. what about corporates ?
Companies introduced Enterprise Risk Management (ERM) a few years ago. MANY managers are filling formats as advised by the consultants, instead of focussing on managing risks. It is time to do stock taking and have a policy to train them as Risk practioners. Enclosed is a presentation in this regard.
January 4, 2012
For those Indian businesses with excessive imports, exports, FE denominated loans the coming days are appearing tough……..
Signs of India’s growing vulnerability to external shocks are clear as per RBI. The Current Account Deficit (CAD) is increasing, while on the other hand the exports and remittances are unlikely to salvage the situation, as they did last financial year; exports because external demand will collapse, especially if the euro zone crisis is not contained, and remittances because they may be too small in absolute numbers to make up the shortfall. (recommended reading : enclosed two articles)
