BP’s problem before Browne’s departure: it’s too big 1 Sep 2006 Lord Browne quadrupled the group s size while CEO, but only delivered investors soso returns. His M&A spree also increased BP s complexity. That is a common problem among big dealbuilt firms.
Indian IPO market comes back to life 1 Sep 2006 Share prices have almost recovered from the May crash. More optimistic investors are willing to buy new issues. But this boom looks like less of a bubble. Contrasting enthusiasm for two recent issues shows the Indian market is maturing.