The Great Hedge of India

Author: Roy Moxham
Publisher: Constable
ISBN:
Category : History
Languages : en
Pages : 248

Book Description
"Remarkable" and "astonishing," says Jan Morris of Roy Moxham's account of his search for "one of the least-known wonders of Queen Victoria's India," and John Keay finds it "a compelling read, simply told, and simply wonderful." An unquestionably fascinating tale, as well as a travel book and historical detective story, The Great Hedge of India begins in a secondhand bookshop on London's Charing Cross Road. There Roy Moxham buys the memoir of a nineteenth-century British colonial administrative officer, who makes a passing reference to a giant hedge planted by the British across the Indian subcontinent. That hedge--which for fifty years had been manned and cared for by 12,000 men and had run a length of 2,500 miles--becomes what Moxham calls his "ridiculous obsession." Recounting a journey that takes him to exotic isolated villages deep in the interior of India, Moxham chronicles his efforts to confirm the existence of the extraordinary, impenetrable green wall that had virtually disappeared from two nations' memories. Not only does he discover the shameful role the hedge played in the exploitative Raj and the famines of the late nineteenth century, but he also uncovers what remains of this British grand folly and restores to history what must be counted one of the world's wonders--and a monument to one of the great injustices of Victorian imperialism. "Grandly entertaining ... close to being a perfect story of a fanciful quest."--Boston Globe

The Billionaire's Apprentice

Author: Anita Raghavan
Publisher: Business Plus
ISBN: 1455504033
Category : Business & Economics
Languages : en
Pages : 496

Book Description
Just as WASPs, Irish-Catholics and Our Crowd Jews once made the ascent from immigrants to powerbrokers, it is now the Indian-American's turn. Citigroup, PepsiCo and Mastercard are just a handful of the Fortune 500 companies led by a group known as the "Twice Blessed." Yet little is known about how these Indian emigres (and children of emigres) rose through the ranks. Until now... The collapse of the Galleon Group--a hedge fund that managed more than $7 billion in assets--from criminal charges of insider trading was a sensational case that pitted prosecutor Preet Bharara, himself the son of Indian immigrants, against the best and brightest of the South Asian business community. At the center of the case was self-described King of Kings, Galleon's founder Raj Rajaratnam, a Sri-Lankan-born, Wharton-educated billionaire. But the most shocking allegation was that the éminence grise of Indian business, Rajat Gupta, was Rajaratnam's accomplice and mole. If not for Gupta's nose-to-the-grindstone rise to head up McKinsey & Co and a position on the Goldman Sachs board, men like Rajaratnam would have never made it to the top of America's moneyed elite. Author Anita Raghavan criss-crosses the globe from Wall Street boardrooms to Delhi's Indian Institute of Technology as she uncovers the secrets of this subculture--an incredible tale of triumph, temptation and tragedy.

Tea

Author: Roy Moxham
Publisher: Constable
ISBN: 9781841199177
Category : Tea
Languages : en
Pages : 271

Book Description
The British were slow to take to tea, lagging behind the Portuguese and Dutch, and even the French. When they finally took it to their hearts, however, it became a national obsession. They covered their kingdom with tea gardens and tea shops. The taxation of tea led to massive smuggling, and the loss of their American empire.

Outlaw

Author: Roy Moxham
Publisher: Random House
ISBN: 140708013X
Category : Travel
Languages : en
Pages : 228

Book Description
In June 1992, author Roy Moxham did a very strange thing: he wrote to a bandit in an Indian jail. Phoolan Devi was the controversial and charismatic 'Bandit Queen' hailed as a modern-day Robin Hood in the villages surrounding Delhi. In revenge for her own gang rape, her followers killed 20 high-caste Indians, which led to her surrender and imprisonment. Struck by her story and appalled by her plight, Roy Moxham helped Phoolan Devi obtain justice, offered her encouragement when she became an MP in India on her release, and travelled with her for several years before she was finally gunned down in 2001. Based on the diaries that documented their extraordinary friendship, Moxham offers a fascinating portrait of a remarkable woman and reveals the hidden face of India.

Stages of Capital

Author: Ritu Birla
Publisher: Duke University Press
ISBN: 082239247X
Category : History
Languages : en
Pages : 360

Book Description
In Stages of Capital, Ritu Birla brings research on nonwestern capitalisms into conversation with postcolonial studies to illuminate the historical roots of India’s market society. Between 1870 and 1930, the British regime in India implemented a barrage of commercial and contract laws directed at the “free” circulation of capital, including measures regulating companies, income tax, charitable gifting, and pension funds, and procedures distinguishing gambling from speculation and futures trading. Birla argues that this understudied legal infrastructure institutionalized a new object of sovereign management, the market, and along with it, a colonial concept of the public. In jurisprudence, case law, and statutes, colonial market governance enforced an abstract vision of modern society as a public of exchanging, contracting actors free from the anachronistic constraints of indigenous culture. Birla reveals how the categories of public and private infiltrated colonial commercial law, establishing distinct worlds for economic and cultural practice. This bifurcation was especially apparent in legal dilemmas concerning indigenous or “vernacular” capitalists, crucial engines of credit and production that operated through networks of extended kinship. Focusing on the story of the Marwaris, a powerful business group renowned as a key sector of India’s capitalist class, Birla demonstrates how colonial law governed vernacular capitalists as rarefied cultural actors, so rendering them illegitimate as economic agents. Birla’s innovative attention to the negotiations between vernacular and colonial systems of valuation illustrates how kinship-based commercial groups asserted their legitimacy by challenging and inhabiting the public/private mapping. Highlighting the cultural politics of market governance, Stages of Capital is an unprecedented history of colonial commercial law, its legal fictions, and the formation of the modern economic subject in India.

The Little Book of Hedge Funds

Author: Anthony Scaramucci
Publisher: John Wiley & Sons
ISBN: 1118099672
Category : Business & Economics
Languages : en
Pages : 279

Book Description
The Little Book of Hedge Funds that's big on explanations even the casual investor can use An accessible overview of hedge funds, from their historical origin, to their perceived effect on the global economy, to why individual investors should understand how they work, The Little Book of Hedge Funds is essential reading for anyone seeking the tools and information needed to invest in this lucrative yet mysterious world. Authored by wealth management expert Anthony Scaramucci, and providing a comprehensive overview of this shadowy corner of high finance, the book is written in a straightforward and entertaining style. Packed with introspective commentary, highly applicable advice, and engaging anecdotes, this Little Book: Explains why the future of hedge funds lies in their ability to provide greater transparency and access in order to attract investors currently put off because they do not understand how they work Shows that hedge funds have grown in both size and importance in the investment community and why individual investors need to be aware of their activities Demystifies hedge fund myths, by analyzing the infamous 2 and 20 performance fee and addressing claims that there is an increased risk in investing in hedge funds Explores a variety of financial instruments—including leverage, short selling and hedging—that hedge funds use to reduce risk, enhance returns, and minimize correlation with equity and bond markets Written to provide novice investors, experienced financiers, and financial institutions with the tools and information needed to invest in hedge funds, this book is a must read for anyone with outstanding questions about this key part of the twenty-first century economy.

The World Is Flat [Further Updated and Expanded; Release 3.0]

Author: Thomas L. Friedman
Publisher: Macmillan
ISBN: 9780374292782
Category : Computers
Languages : en
Pages : 682

Book Description
Explores globalization, its opportunities for individual empowerment, its achievements at lifting millions out of poverty, and its drawbacks--environmental, social, and political.

Why India is Not a Great Power (yet)

Author: Bharat Karnad
Publisher: Oxford University Press, USA
ISBN: 9780199459223
Category : Political Science
Languages : en
Pages : 0

Book Description
Since the economic liberalization of the early 1990s, India has been, on several occasions and at different forums, feted as a great power. This subject has been discussed in numerous books, but mostly in terms of rapid economic growth and immense potential in the emerging market. There is also a vast collection of literature on India's 'soft power '- culture, tourism, frugal engineering, and knowledge economy. However, there has been no serious exploration of the alternative path India can take to achieving great power status - a combination of hard power, geostrategics, and realpolitik. In this book, Bharat Karnad delves exclusively into these hard power aspects of India's rise and the problems associated with them. He offers an incisive analysis of the deficits in the country's military capabilities and in the 'software' related to hard power--absence of political vision and will, insensitivity to strategic geography, and unimaginative foreign and military policies--and arrives at powerful arguments on why these shortfalls have prevented the country from achieving the great power status.

India and Asian Geopolitics

Author: Shivshankar Menon
Publisher: Brookings Institution Press
ISBN: 0815737246
Category : Political Science
Languages : en
Pages : 418

Book Description
A clear-eyed look at modern India's role in Asia's and the broader world One of India's most distinguished foreign policy thinkers addresses the many questions facing India as it seeks to find its way in the increasingly complex world of Asian geopolitics. A former Indian foreign secretary and national security adviser, Shivshankar Menon traces India's approach to the shifting regional landscape since its independence in 1947. From its leading role in the “nonaligned” movement during the cold war to its current status as a perceived counterweight to China, India often has been an after-thought for global leaders—until they realize how much they needed it. Examining India's own policy choices throughout its history, Menon focuses in particular on India's responses to the rise of China, as well as other regional powers. Menon also looks to the future and analyzes how India's policies are likely to evolve in response to current and new challenges. As India grows economically and gains new stature across the globe, both its domestic preoccupations and international choices become more significant. India itself will become more affected by what happens in the world around it. Menon makes a powerful geopolitical case for an India increasingly and positively engaged in Asia and the broader world in pursuit of a pluralistic, open, and inclusive world order.

More Money Than God

Author: Sebastian Mallaby
Publisher: A&C Black
ISBN: 1408809753
Category : Business & Economics
Languages : en
Pages : 497

Book Description
Wealthy, powerful, and potentially dangerous, hedge-find managers have emerged as the stars of twenty-first century capitalism. Based on unprecedented access to the industry, More Money Than God provides the first authoritative history of hedge funds. This is the inside story of their origins in the 1960s and 1970s, their explosive battles with central banks in the 1980s and 1990s, and finally their role in the financial crisis of 2007-9. Hedge funds reward risk takers, so they tend to attract larger-than-life personalities. Jim Simons began life as a code-breaker and mathematician, co-authoring a paper on theoretical geometry that led to breakthroughs in string theory. Ken Griffin started out trading convertible bonds from his Harvard dorm room. Paul Tudor Jones happily declared that a 1929-style crash would be 'total rock-and-roll' for him. Michael Steinhardt was capable of reducing underlings to sobs. 'All I want to do is kill myself,' one said. 'Can I watch?' Steinhardt responded. A saga of riches and rich egos, this is also a history of discovery. Drawing on insights from mathematics, economics and psychology to crack the mysteries of the market, hedge funds have transformed the world, spawning new markets in exotic financial instruments and rewriting the rules of capitalism. And while major banks, brokers, home lenders, insurers and money market funds failed or were bailed out during the crisis of 2007-9, the hedge-fund industry survived the test, proving that money can be successfully managed without taxpayer safety nets. Anybody pondering fixes to the financial system could usefully start here: the future of finance lies in the history of hedge funds.