The frontiers of Nifty.

Next steps on the SEBI story: An interview with U. K. Sinha, by Puja Mehra and Rajiv Bhuva, in Business Today. Mobis Philipose in the Mint. Uproar over I-T raids on SEBI members, in Business Today. In probing SEBI board members, go by CVC rule: Abraham, by Sunny Verma, . . . → Read More: Interesting readings for July 7, 2011]]>

The frontiers of Nifty.

Next steps on the SEBI story: An interview with U. K. Sinha, by Puja Mehra and Rajiv Bhuva, in Business Today. Mobis Philipose in the Mint. Uproar over I-T raids on SEBI members, in Business Today. In probing SEBI board members, go by CVC rule: Abraham,
by Sunny Verma, in the Financial Express. Sebi may stick to its guns in MCX-SX case by N. Sundaresha Subramanian in the Business Standard. Sebi’s Abraham emerges front-runner for FMC top job by Ashish Rukhaiyar & Sanjeeb Mukherjee in the Business
Standard. An editorial in the Business Standard. Sunil Jain on the problem of recruiting a UTI Chairman, in the Financial Express. SEBI looks to amend law to protect officials from investigative agencies by Reena Zachariah, in the Economic Times. SEBI seems to have not backed away in the high court on MCX-SX.

Static on the FM channel by Puja Mehra, in Business Today.

That seventies feeling by Pratap Bhanu Mehta, in the Indian Express.

Shubhashis Gangopadhyay in the Business Standard on land acquisition.

We should be learning from these Afghans!

A difficult patch in the Indian IPO market.

Saurabh Kumar in the Mint on the extent to which IPOs from certain investment bankers are more exciting for investors than
others.

Demystifying Swiss banking by Priti Patnaik, in the Financial Express.

Imagine there’s no central bank.

Steven Levy has a great story of how Google built Plus, in Wired magazine. And, PC World magazine on where and why Google
Plus is better.

Sebastian Mallaby in Foreign Affairs on how emerging markets should play the appointment problem of the IMF MD.

I fed in the weekly . . . → Read More: Using Google Search to Measure Unemployment]]> So, this is cool. As reported in the Freakonomics blog, Google has a feature that allows users to correlate public patterns with search term usage. You supply data, such as initial unemployment claims, and Google will evaluate which search phrases best correlate with the data provided. Justin Wolfers reports,

I fed in the weekly numbers on initial unemployment claims—one of the most important weekly economic time series we have.  The search term that is most closely correlated? Crikey, it’s “filing for unemployment.”  Indeed, the correlation is an astounding 0.91.

Here’s the graph of time series on initial jobless claims and searches for “filing for unemployment”

Google Searches and Unemployment Data

A website fiberforall.org has a daily ranking of how someone out there thinks different communities are faring in their persistent post: Who is Winning the Google Fiber Race? [Updated Daily]

How anyone . . . → Read More: Forever Foraging for Fiber]]> Not much recent local activity in the race to win Google’s Fiber contest, if contest is the right word.  Am I missing anything?

A website fiberforall.org has a daily ranking of how someone out there thinks different communities are faring in their persistent post: Who is Winning the Google Fiber Race? [Updated Daily]

How anyone comes up with that? and whether it means anything at all? Or more importantly does it mean anything to Google?  Who knows?  Let’s hope it means little because we are not doing so well.  The latest ranking of top communities showing community support has us nowhere to be found, which implies were even behind Scranton?? What is up with that?  As I type it says we rank #100!!

Join the forum discussion on this post - (1) Posts

Their latest earning release also highlighted a 17% year on year growth in revenues — now up to $6.67B per quarter — from $5.7B per quarter during the same period in . . . → Read More: Google Earns Nearly $2B in Q4]]> Google says that the advertising market is beginning to return to normal. And normal for them means close to a $2B quarterly profit.

Their latest earning release also highlighted a 17% year on year growth in revenues — now up to $6.67B per quarter — from $5.7B per quarter during the same period in 2008. Chief executive Eric Schmidt continues to make optimistic assessments of the current state of affairs.

“Given that the global economy is still in the early days of recovery, this was an extraordinary end to the year,” he said. “Our performance in 2009 underscored the strength of our management team, the resilience of our business model and the pace of innovation within our product and engineering teams, which continued unabated throughout the downturn.”

In a sign that consumers are increasingly willing to spend, more Internet users clicked on ads. The number of paid clicks on ads served on Google’s Web sites rose 13% from last year and 9% from the third quarter of 2009.

Join the forum discussion on this post - (1) Posts