Forbes India - May 21, 2010 Issue

ISSUE DATE May 21, 2010

The Good, the Bad and the Ugly

Jignesh Shah is a maverick entrepreneur who has started India's newest stock exchange, the MCX-SX. This is now posing a challenge to the National Stock Exchange, India's premier bourse. Both parties are set for a showdown as they fight it out for dominance in the market. The clash will most certainly change the way we invest, as the two hit each other where it hurts the most-transaction fees, trading and settlement norms, membership drives and variety in investment products. The fight will yield investors a more efficient and transparent market at sustainably lower costs of transaction.

Wheels of Fire

The Tata Nano was a supposed to be a revolutionary automobile that would change the way the world drives. But less than a year since its launch, it's facing a reputation crisis as two of its cars randomly burst into flames. Faulty design and poor quality equipment are the most likely reasons for this mess. Tata Motors has compensated the owners of the burnt cars, but it needs to fix this problem. Soon

The Rise and Fall of Lalit Modi

Lalit Modi created a $4 billion entity in just three years. But he subverted the system and made a bunch of really important people angry along the way. Now his critics are gunning for him. The same entrepreneurial zeal that helped make the IPL what it is, is now working against him. But the man is unrepentant and insists that all is well. We put together the bits and pieces of what happened and get you the story of how Modi got ousted from the IPL.

The Forbes India Global Business Traveller's Guide

India is exporting itself to the world. We give you the low-down on everything you need to know, carry and expect when you travel outside the country.