Someone emailed me yesterday and asked “why does your blog have such a negative angle on India?” Part of me wanted to just tell the person to read the headlines and tell me what they see. Americans always get blamed for not knowing anything about anything outside of the United States. Many Indian’s suffer the [...]
Entries Tagged as 'Business'
Feeling Down?
July 12th, 2008 · 2 Comments
Carriers love the iPhone
June 22nd, 2008 · 3 Comments
A couple days ago I was called an iHole - someone who can’t stop talking about their iPhone. Well it continues…By now I’m sure you’ve been slammed with iPhone coverage and heard the latest version is being released on July 11. People love the iPhone because the interface is so natural, it doesn’t ship with [...]
Tags: Business · Technology
Indflation
June 20th, 2008 · 1 Comment
The Sensex was down over 515 points today to hit a low for the year - 14571.29. The reason for the bearish performance was inflation, the gov’t announced inflation was 11.05% a 13 year high mainly on the back of increased gas prices.
But the fun doesn’t stop there, several people I’ve spoken to are putting their [...]
Tags: Business · India · Investing
The Business of Cricket
April 14th, 2008 · No Comments
We are just days away from the launch of the Indian Premier League (IPL) on April 18th. There was a ton of hype around the end of January when the 8 teams were sold to the highest bidders, the owners were a mix of industrials and Bollywood - surprising I know. Over USD 720 million [...]
I am Liquid
April 3rd, 2008 · 2 Comments
Although at the moment the financial markets seem okay, there is still an undertone of pessimism. When thinking of the current mess in the markets, one of my favorite quotes that comes to mind is from the movie Boiler Room…
“And best of all kids, I am liquid.” - Jim Young (Ben Affleck)
Unfortunately, that’s [...]
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 [...]
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 [...]
Tags: Business
Vodafone’s Sarin on India
February 28th, 2008 · No Comments
Vodafone’s Arun Sarin is originally from a small village in central India. He left for the US to attend graduate school and more recently the CEO of Vodafone PLC. Recently, Sarin gave an interview to the WSJ and one of his quotes has stuck with me. I’ve been in India for 2 [...]
Building the Ambani Empire
February 13th, 2008 · 1 Comment
What timing, I finished reading Polyester Prince on Feb 10th and on Feb 11th the Reliance Power IPO from Anil Ambani got listed on the Indian exchanges. Finding this book was about as easy as getting shares in the Reliance Power IPO. The book is apparently banned in India on the request of the [...]
Tags: Books · Business · India
Microsoft bids for Yahoo
February 2nd, 2008 · No Comments
Many people are wondering what the name of the new company will be if the deal goes through…in reality who cares. MSFT has a market cap of USD 280 billion, I’m pretty sure Ballmer ain’t changing the name.
What’s more interesting is the rise and fall of YHOO. During the dot com bubble everyone was [...]
Tags: Business · Technology