Abudhabi - Dubai episode and the Credit Crisis

It was the biggest news for the promoters of Dubai World when Prince Khalifa finally agreed to loan $12bn to rescue them from bankruptcy 


The image below is what Abu-Dhabi looks like. It has very high number of industries and many more are coming in their way. Abu Dhabi also holds around 9% of the world’s proven oil reserves and almost 5% of the world’s natural gas. Abu Dhabi has built it's sustainence on manufacturing industry and hydrocarbon trading.

This image below shows the famed Palm beach, World Beach amongst other attractions.

It also has the world's tallest building and the world's only 7 star hotel - Burj Khalifa. 


Initially the hotel was named Burj Dubai, but then the owners Dubai World didn't knew the economic crisis of US and the real estate crisis of Dubai will come in. The king of Dubai then to sell of his jewel holdings to Abu-Dhabi king so as to not default on the payments. Amongst jewels sold completely or partially were the Dubai Metro, Burj Dubai

Though united in names but divided by work, The United Arab Emirates showcases the coming together of kings for not so related purpose. They fight amongst each other for being the richest, famous and powerful. They do not work for the betterment of the country on the whole, but for their own emirate. Each emirate has its owned petroleum company with strict demarcation of boundaries of operations, each emirate works as an independent country within country. This presents a huge conflict of interests for the smooth working. The Dubai government was borrowing recklessly for its expansion of business in the hay days. 

New York Stock Exchange & Deutsche Boerse Merger

The following article was written by me for my magazine "FOCUS" by club ECOBIZZ of IBS, Hyderabad (ICFAI Business School, Hyderabad)

New York Stock Exchange Euronext (NYSE-E) and Deutsch Börse (DB) are amongst the biggest stock exchange companies in the world. They have recently gone into the decision to merge creating the world’s biggest stock exchange firm having presence in more than 7 countries. Indeed a super power like situation.

What are these companies? And what is it about companies running the stock exchanges? Well NYSE is the most renowned stock market in the world, tracked by millions of traders for speculating the world sentiments. Many exchanges feel the effects of the movements on this exchange. It’s the biggest market for equity trading. Listing on this bourse signifies an Indian company as a blue chip for the Indian investors. This is the might of the greatest stock exchange in the world. It has its presence in pan Europe too along with dominance in American markets. DB on the other hand is the biggest player in the derivatives market having its presence in many countries in Europe. NYSE had in 2006 beaten DB in a bid to purchase Euronext the pan European stock exchange (covering many European countries) creating a behemoth of stock exchange company. Now with the news of NYSE-E & DB merger creating the world’s biggest, largest stock exchange entity.

The $10 Billion merger controlling a $20 Trillion has all the eyes of the world markets. This merger for exchanges means a convergence of technologies and processes, improving the performance of the exchanges and reduction in costs to investors. It shall also increase the investment choices for an individual investor after the consolidation of the investment avenues. The acquisition will broaden the trading avenues by increasing access to companies listed on foreign exchanges, access to foreign markets to tap money.

Exchanges, the world over, earn money by charging a small margin on trade volume and earn profits by

Competition Head On

Check this new TVC from Tata Manza.



taking the fight for the segment to the new level. No points to people who can judge where this goes, but for those who did not understand the target its Maruti Suzuki. Both these companies are pitching in with their models to capture the fast growing market and get a good foothold into the same. now the only thing which remains to be seen is the answer from Maruti.

Kudos to the team which has come up with this TVC. Indeed a splendid attack.