Quiz

Which Investment Bank adviced Vodafone on Hutchison Buyout?
The IT officers has asked for 12000 Cr from Vodafone for non payment of Income Tax from Hutchison deal.

Poor Mans Guide to Food

Restaurant - Spectra
Where - Hotel Leela Kempinski
Location - Gurgaon, NCR
Website - www.theleela.com/hotel-gurgaon-spectra.html
Review -
2 guys - 1 starter, 1 soup, lamb curry and butter naan + 2 most expensive ice creams on the menu and the total bill is 3500. Cheap, Royal, Great Ambience and Value for Moolan
Rating - *****

Quiz

Q 1
Founded in 1850 in Montgomery, Alabama, It started out as a cotton trading business by Emanuel, Mayer and Herbert?

The family became a New York Aristocracy with Herbert becoming the 45th governor of New York and later a US senator.

Herbert's cousin, Robert ran the firm from 1925 untill his death in 1969 - the year when Dick "the gorilla" Fuld started .

Name the company?

The Economic Post

The G of PIGS would slowly move out of talks as the Government looks to undertake huge austerity measures and the 110 Bn euro bailout would do a great deal to keep the speculators away from Greece. The PIS would surely grab the attention and there would be numerous "Goldman Sacs" keeping an eye out of every single piece of numerical data coming out from these countries to short these markets.
There have been a lot of talks regarding the "Goldman Sacs" of the world and how the FED is trying to regulate the Wall Streets of the World. When the discussions of these talks start, there has to be a debate on how the countries should allocate their resources. It would be easier to blame Goldman Sacs for the pain it has caused, the question that has to be answered is “who will answer the questions If an emerging country or a developed nation fails due to the huge deficit in their balances and the ripple effect it will have on the rest of the world”. Greece, Ireland are the smaller economies of the world, what If China or India or for that matter USA fails to keep its pace with the serious economic policies that they follow.
The rating agencies are the best to measure these economic conditions and downgrade the sovereign status if any of the countries walk the path of any aggressive and miscalculated policies that they undertake. Rating agencies should be very conservative of the economic policies that the countries undertake and Instead of waiting and watching, a serious breach of conservatism should lead to rating changes, so that the world is on the watch and the economic conditons are revived before any serious troubles brew in the market.

Mezzanine Private Equity Plays - Infomedia

One of the first buyouts of India, Infomedia was bought from the Tatas. It is India's largest provider of commercial information in the form of business directories branded as Infomedia Yellow Pages (earlier called Tata Press Yellow Pages). Currently, the company's diverse business areas include Business Directories, Magazine Publishing, Direct Marketing, Printing services, and Publishing Outsourcing. Infomedia is the market leader in Yellow Pages and Special Interest Publishing, and is one of the most respected contract printers in India. With offices in 18 cities and a 1500 strong team, it now has a national footprint and a strong all-India network for ad sales and distribution. The buy-out was made through an SPV formed by IAF Series I (fund managed by ICICI Venture) and was leveraged. The mezzanine fund has stepped in at the second phase and refinanced part of the buy out leverage in the SPV by subscribing to its Subordinated Optionally Convertible Debentures (SOCDs). The claims of the SOCDs are subordinated to the claims of the senior investor who has invested in secured Non Convertible Debentures. The SOCDs will bear quarerly interest coupons and will provide a high fixed yield through redemption premium. The tenure of the SOCDs is 2 years; however they can be repaid after six months. The entire indebtedness of the company has asset cover to the tune of 4 times, with the senior lender being covered at more than 6 times. There is adequate liquidity to service the interest payment to the debenture holders, further, I-Ven is stipulated to hold cash equivalent of one year of interest to be paid to the debenture holders.

Mridang 2010 @ IIM Indore

The Festival details are as follows -

Sŭtra - A Long Series of Questions [7 Quizzes in all]
Two Open Quizzes. 5 Inter College Quizzes. Series of Online Quizzes. Tons of Informals.Team Size: 3 or lessCross-college teams allowedRegistration Fee: Bring a pen
Open Fire - The General Open QuizQuizmaster - Arul Mani Team Size: 3 or less. Open to all irrespective of age or affiliation Sunday 17th Jan 2010 Prizes: Rs. 18,000/-
Tech-No-Prisoners – The Science and Technology Open Quiz Tech-No-Prisoners is open to all irrespective of age or affiliation. Team Size: 3 or less Prizes: Rs. 5,000/-

MELA-ge à trois – The Movies, Entertainment, Literature and Arts Quiz Quizmaster: Satyajit Chetri Saturday 16th Jan 2010Prizes: Rs. 18,000/-

Akela – The Lone Wolf Quiz Team Size: 1 Prizes: Rs. 4000/-

Sawaal Street - The Business Quiz Team Size: 3 or less Prizes: Rs. 5,000/-

Khel Raiser – The Sports QuizTeam Size: 3 or less Prizes: Rs. 5,000/-
Bharat Ek Khoj - The India Quiz Team Size: 3 or less Prizes: Rs. 5,000/-

More details at http://www.iimi-mridang.com

Best of Luck