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Entries from March 2008

Walk along Altamount Road

March 22nd, 2008 · No Comments

Bombay historically has a supply/demand imbalance around residential property which has led to sky high prices for sub par housing. But lately there has been a lot of construction and hopefully should lead to better pricing…I hope. Click on the image to the left for the full gallery of pics.
One of the areas that [...]

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Tags: Mumbai

Another Apple Store in Bombay

March 15th, 2008 · No Comments

The newest Apple reseller in Bombay is iStore, it’s a division of Reliance Digital under Mukesh Ambani’s Reliance Retail. It’s the 3rd location to open up after Bangalore and Hyderabad. The Bombay store is located in South Bombay across the street from the Mahalaxmi Temple on the ground floor of Tirupati Apartments. I [...]

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Tags: Mumbai · Technology

Bear-ly Alive

March 15th, 2008 · No Comments

Bear Sterns the 5th largest investment bank cracked under the credit crisis that is affecting the financial markets, it got help from the Fed and JP Morgan. It started with rumors early this week about “some bank” filing for bankrupty. Then on Wednesday the CEO Alan Schwartz got on CNBC and said “everything was [...]

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Tags: Business · Investing

S&P says subprime mess end in sight

March 14th, 2008 · No Comments

S&P says writedowns from subprime-tied securities will probably rise to $285 billion, or $20 billion more than S&P forecast two months ago. And they mentioned that they feel the end is near for most of the writedowns. I find it funny that S&P seems to think the end is in sight when most banks [...]

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Tags: Business