After many months of speculation Wal-Mart has signed an agreement with the Bharti Group to pave the way for Wal-Mart in India. It was rumored that Wal-Mart might work with Mukesh Ambani’s Reliance Group, but the Bharti Group got the nod. Of all the press releases and front page headlines about Indian business, this [...]
Entries from November 2006
Wal-Mart Coming to India
November 27th, 2006 · No Comments
Tags: Business · General · India
iPod vs Zune
November 27th, 2006 · No Comments
It’s been several weeks since the much anticipated launch of Microsoft’s Zune MP3 player and the consensus is the launch was a dud. I have not had a chance to checkout the Zune personally but a couple friends did buy it and say it was very well designed and the interface was great. The wireless [...]
Tags: Technology
The Great Land Rush of India
November 24th, 2006 · No Comments
The Indian equity markets are hitting historic highs and what appears to be the biggest land rush in recent memory is also occurring. A year ago, most of the billboards in Bombay were plastered with NFO’s (new fund offerings) from the mutual fund companies. This time around it’s every developer or real estate company [...]
Forbes 40 Richest Indians
November 18th, 2006 · No Comments
Forbes has come out with its list of the 40 richest Indians. It has the usual suspects: Laxmi Mittal, Ambani’s, Azim Premji, etc… However, the list just seems to be thrown together with no clear methodology. It appears they picked the names most thrown around in the media, checked to see if they were [...]
Tags: Business · India · Marwari
Happy Diwali
November 11th, 2006 · 1 Comment
Yes, I’m a bit late, but this clip will make up for it. Steve Carell sings “The Diwali Song” on the US TV show The Office, along the lines of Adam Sandler’s Happy Hanukkah song.
Cisco Q1 Fiscal Year 07 earnings
November 9th, 2006 · No Comments
Two things are certain in the technology sector: Steve Jobs will always wear a black turtleneck and jeans during press conferences and Cisco will impress Wall Street with their quarterly numbers. The recent numbers continue the trend. Revenues were USD 8.2 billion, up 25% year over year (includes revenue from their recent acquisition of [...]
Tags: Technology
Britney and K-Fed splitting
November 8th, 2006 · No Comments
A. I can’t believe it B. It was so sudden and shocking C. They seemed like a perfect match D. None of the above If your response to the news that Britney and K-Fed are splitting was letter D, then you are inline with about 96.7% of the population. Britney Spears filed for divorce [...]
Tags: General
Flying High
November 6th, 2006 · No Comments
This past weekend was the wedding of Indian Civil Aviation Minister Praful Patel’s daughter, Avni. I read about it in the newspapers a couple days ago talking about how large the event was going to be, but really had no idea how large. I happened to be at the Taj Mahal Palace Hotel doing [...]
Tags: India
Gotta love technology
November 2nd, 2006 · No Comments
As I write this blog entry it’s about 11:30pm Thursday night in Bombay which means it’s about 10a Thursday morning in Los Angeles. The OC a TV show on Fox premieres season 4 tonight at 9p LA time. However, due to BitTorrent technology I was able to download the show and watch it before [...]
Tags: Technology