Byline crazy
Somelines i repeat often oflate
"ET page 1 is no longer the same. It's shallow and CFM is no more worth its salt."
"Business Standard would be crap, if not for its edit page."
Retrospecting, i find reporters are increasingly lured by the "expansion spree" or as some fondly refer to it as the expansion binge!
What the heck! It's a rapidly progressing economy and to keep pace with it, firms need to expand.
Some reports call a Rs 20 crore capex an "major expansion" that is likely to go onstream by 2008/9! Such copies hardly add any value to the reader.
Investors look for stock moving news and not company propoganda!
Next is the mushrooming stories on unlisted entities. Who are these reporters writing to? The unlisted firm, its PR agency?
When i stare at such stories in the morn, i remember just one rule." Damn everyother fact, just follow the money."
2 Comments:
nana,
what i like in your posts is how you write about complex economics stuff in a lucid and just as-if-we-are-conversing manner.
i LOVE your writing style.
you are indeed a person with a deep knowledge about finance. and who knows how to express it in a subtle manner.
no wonder, i have included you in my favourite list.
narayan, i agree.
ghetufool, i agree - absolutely.
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