The year 2016 marked the year of change at many levels. It was all about transformations, transitions and realistic manifestations. On a global level, the transformation saw changing power paradigms. European equity prices have been on a downward trend. The Brexit issue, the slowdown of the Chinese economy, Wells Fargo financial scandal, the impact of the US Presidential elections remain a cause of concern. Closer home, the financial mismanagement leading to early demise of noteworthy start-ups has questioned the new age investors. Family-owned corporates are facing the heat and the inflation is being kept almost in check. The economy seems robust despite the global shift.