On the eve of 13th February, Mr. Kapasi, an alumnus of the 1985 batch, visited his alma mater to interact with the students of the current batch. Sir is currently the Head of Credit & Collections at Vodafone India Ltd. Sir has also worked at Mafatlal Finance Co. Ltd, and Standard Chartered Finance Ltd as the Regional Manager.
Participatory Notes: A Convenience or a Threat
Remember the auction scenes depicted in the cinematic world where the bidder bids for some undisclosed third party? Ring a bell? What could be the purpose of such an activity? Well, such indirect participation is to bypass the formalities of registration with the regulating authority and obviously to maintain the anonymity of the participation.
The US Federal Reserve has decided in its latest monetary policy to maintain its economic stimulus program (the Quantitative Easing) despite speculation that it would start the tapering process. It had been widely speculated that the central bank would cut back the stimulus package, currently $85bn a month. The Reserve also reduced its growth forecasts for the US economy, cutting the 2013 outlook by 0.3 percentage points to a range of 2.0-2.3 per cent, and lowering the prediction for next year to 2.9-3.1 per cent.