Rajesh Chakrabarti is a member of the faculty of finance at the Indian School of Business, Hyderabad, India. He is also a columnist for the leading national business daily, The Financial Express. He has previously taught at the College of Management, Georgia Institute of Technology, USA, and the University of Alberta, Canada, and has held various visiting positions, including those at the Indian Institute of Management, Calcutta, and the Federal Reserve Bank of Atlanta. Professor Chakrabarti's research interests include the areas of Indian financial markets, international fi nance, microfi nance, and political economy. He has published several articles in top academic journals, including the Journal of Financial Economics, Journal of Banking and Finance, Journal of Financial Markets, and the Journal of International Business Studies. He has authored two books, The Financial Sector in India-Emerging Issues and The Asian Manager's Handbook of E-Commerce and edited a recent volume titled The Other India-Realities of an Emerging Power. Professor Chakrabarti received his Post Graduate Diploma in Management (equivalent to MBA) from the Indian Institute of Management, Ahmedabad and a Ph.D. in Management from the University of California, Los Angeles (UCLA). Sankar De is the Executive Director, Centre for Analytical Finance (CAF), Indian School of Business, Hyderabad, India. Until recently, he taught graduate programs at the Haas School of Business, University of California, Berkeley, USA. He also completed his Ph.D. in finance from Berkeley. Professor De's teaching and research interests include all major fields of corporate finance, including corporate valuation, corporate diversification and planning, and corporate mergers, acquisitions and spin-offs. His pioneering research work on the merger and consolidation of financial institutions received a US national research award in 1988. Since coming to the ISB, his research work has focused on non-traditional, alternative methods of financing, and non-legal mechanisms to settle commercial disputes, and enforce contracts used by large and small firms in India and other emerging economies. Part of this work, jointly with Franklin Allen (Wharton) and other international scholars, is a top download at Social Science Research Network and has been presented at scholarly forums across the world. Professor De was nominated for the teacher-of-the-year award several times at the Haas School of Business. He has been profiled in Business Week's Annual Guide to the Best Business Schools.