celestri.org

Some people go to a bank, others have the private bankers come to them, but the Indian Civil Aviation Minister Praful Patel (whose daughter was recently married) has taken it one step further by living in the same building as the banks, enter - Ceejay House. Ceejay House is located on Dr. Annie Besant Road [...]

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No, i’m not talking about the Ku Klux Klan (aka jackasses) but Kothari, Kotak and Kampani. Over the past 18 months they each have sold their joint venture stakes.
- Dec 2005, Hemendra Kothari sold out to Merrill Lynch for USD 500 million
- March 2006, Uday Kotak sold out to Goldman Sachs for USD 74 [...]

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Just saw my first Acura NSX in Bombay and it almost brought a tear to my eye.

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The latest cover story of BusinessWeek sums up the attitude that many people face when conducting business in India. Although the story didn’t cover much on Bombay, it faces the same issues as Bangalore and other cities. Which sadly it should not, being the financial hub of the country it generates over 40% [...]

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The latest list from Forbes is out and there are a large number of Indians on the list this year. Many can be attributed to sky high equity valuations and insane property prices. Some of them are:
#62 - KP Singh of DLF. USD 10 billion. A major property developer in Delhi, [...]

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Finally getting around to posting some car pics. The SL500 and 7 series were spotted on Carmichael Road. The Range Rover near Nariman Point and the Bentley on Warden Road. The 540 ain’t nothing special except the fact it is owned by the world’s 86th richest person, also spotted on Carmichael Road.
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One of the main attractions for me about being in India, is seeing age old businesses being recharged and revamped. One which I recently came across is the age old tiffin service. Typically you would have someone cook your lunch and then you would give it to a tiffinwala, who would then deliver [...]

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The talk over the past several weeks has been about inflation in India and how it affects the common man. The reality is the common man always gets the short end of the stick in India, however in recent elections the ruling party lost key seats because of inflation. Because of that, all [...]

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In 2002-3, HSBC was looking to expand outside of the emerging markets where it was gaining market share and wanted to go after the US market. They jumped right in by acquiring Household International Inc. in 2003 for USD 15.5 billion, now called HSBC Finance Corp., it lent money to people who were termed [...]

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