Shefali Anand on Muck Rack

Shefali Anand Verified

Personal Finance and Careers Writer, — Wall Street Journal

I write about money, markets, & management, for The Wall Street Journal in India.

Indian Companies Look to Wives to Fill Female Board Member Requirement — Companies listed on Indian stock exchanges have two weeks to get a woman on their board of directors before the regulator's deadline for doing so. Nearly one in three of the firms listed on the National Stock Exchange has yet to meet the target while others have found a way to meet the requirement: appoint wives and other female relatives.

What Lifting the Cap on FDI in Insurance Really Means — India's move to allow greater foreign investment in insurance companies will help breathe life into a hitherto listless industry, and could entice global reinsurance companies like Berkshire Hathaway Inc. and Lloyd's of London to set up units in India.

Indian Property Firm Lodha Cuts Bond Size Despite 12% Yield — International investors are hungry for yield, but in a sign that it's not an all-out frenzy, one Indian developer saw muted interest for its dollar bond issuance recently. Mumbai-based Lodha Group, one of the largest developers of residential property in the country, recently sold fewer dollar-denominated bonds than it had hoped, despite offering a steep yield of 12%.

Mumbai Restaurants Stop Selling Steak — Many restaurants in Mumbai have stopped selling beef dishes, as they wait to see how a new law, banning even the possession of the meat will be enforced. While the state of Maharashtra has long prohibited the slaughter of cows, restaurants have served beef that was imported from abroad or slaughtered in other states.

To Save Tigers, Indian State Minister Has a Novel Idea: Let People Keep Them as Pets — Here's a novel idea to increase the population of tigers: keep them as pets. A minister in the central Indian state of Madhya Pradesh has asked state forest officials to look into allowing individuals to keep lions and tigers in their homes.

Maverick Capital Unit Invests $15 Mln in Latest India Tech Deal — In a sign of the growing appetite for Indian technology companies, a unit of U.S. hedge fund Maverick Capital, which manages more than $8 billion in assets, has invested in Indian mobile data company Vserve. The $15 million-investment also included fresh money from Indian venture capital firm IDG Ventures, which had previously invested $3 million in the company.

Indian Banks Still Struggling With Bad Loans — MUMBAI-Despite a surge in optimism about India in recent months, a surprisingly stubborn bad-debt problem is threatening to cast a shadow over the economy. Many analysts had been hoping Indian banks' bad-debt loads would be lightened by a recent economic recovery, and have been startled by a pickup in the amount of nonperforming assets that have been disclosed in the latest quarterly bank earnings.

As The Rupee Stands Tall, India Fears Losing the Devaluation Game — The rupee has stood its ground against the dollar over the last year, but in the emerging global competitive-devaluation game, the Indian currency is losing by being strong. Over the last six months, the rupee is little changed against the greenback but it has appreciated relative to other currencies.

How Good is the Good News About India? — New GDP numbers suggest India's recent economic growth was peppier than initially thought- but economists and policy makers aren't jumping with joy quite yet. A giant state-run company sold a bunch of its shares- but nearly half of those were bought by another giant state-run company.

As Coal India Sells Stock, a Second State Firm Buys — Indian companies hope to sell billions of dollars in stock this year, but when a state-run coal miner offered to sell nearly $4 billion of shares last week, another government-owned firm acquired almost half of the total. Some analysts say that could be a sign that private-sector demand for shares isn't as strong as it might be.
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Mar 13, 2015

Jerry Seinfeld cancels maiden visit to India due to lack of enuf parking space for attendees !!

Mar 03, 2015

U.S. $8billion-hedge fund Maverick makes it first investment in a private Indian tech company

Feb 12, 2015

Indian Prime Minister Narendra Modi gets a temple w/his idol where prayers r done twice a day !!

Feb 10, 2015

In global currency wars, Indian rupee holding strong. Its up 17% against euro & 15% against yen

Jan 26, 2015

Indian PM @narendramodi's pinstripe suit on Sun had his name embroidered on the stripes! C here: (fixed link)

Jan 21, 2015

RT @WSJIndia: Can Obama in New Delhi match up to Modi in New York? We suggest how he might try.

Jan 16, 2015

Indian woman must defend right 2 kiss husband coz apparently public display of affection is immoral & un-Indian !!!

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