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 [...]
Entries Tagged as 'India'
The Business of Cricket
April 14th, 2008 · No Comments
DMA…Welcome to India
April 5th, 2008 · 2 Comments
At last the Securities & Exchange Board of India (SEBI) has agreed to allow Direct Market Access (DMA) which will facilitate wire speed Straight Through Processing (STP) on the exchanges. If the previous sentence is as difficult to understand as Kevin Federline’s role in life then you may want to pass on this blog [...]
Tags: India · Investing · Technology
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 [...]
Ferrari 612’s in Mumbai
February 25th, 2008 · 1 Comment
Ferrari sent two 612 Scagliettis to India for the Magic India Discovery tour. The 12-stage event starts and ends in Mumbai, covering 7,000 miles of the subcontinent along the way, kicking off on February 25 and ending on May 8. The video and pics are from the launch at the Taj Palace.
Pics from the [...]
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
Emaar IPO yanked
February 8th, 2008 · 1 Comment
In a major ding for the Indian equity markets, the planned IPO for Emaar MGF was withdrawn from the markets on Friday near the close of the market. Emaar MGF had blanketed the country with advertising highlighting all the projects they did, that is Emaar did in Dubai. And that’s the issue, [...]
UnBEARable India
January 22nd, 2008 · No Comments
By now, I’m sure you’ve seen that the Indian markets are getting knee-capped and it ain’t fun. It’s part of the global sell off that is happening as we speak.
When the Sensex opened on Tuesday at 9:55am it was halted within 35 seconds by then the markets fell 10% - which is around 1700 points. [...]
2008 Mumbai Marathon
January 20th, 2008 · No Comments
I’ve been training for about 10 weeks for the half marathon (21km) in Mumbai. I’ve jogged over 170km over those 10 weeks mainly on Marine Drive. I ended up finishing the half-marathon in 2 hours and 16 minutes, which is exactly the same time I had during the 2006 Mumbai Marathon.
After finishing the [...]
Tags: India
Incredible Power Offering (IPO)
January 16th, 2008 · No Comments
Wow, is all I can say. The Reliance Power IPO was fully subscribed in 60 seconds, around USD 3 billion was snapped up in seconds. As of Wednesday night the over subscription is running at 14x. The average retail investor is expected to get around 40 shares at Rs 450, for a total cash [...]
Business Ideas
January 12th, 2008 · No Comments
After being in India for a couple of years, I tend to look around and notice things that potentially might work from a business angle. Although many of the things I’d like to see are around efficient process flows, below are several ideas that are not necessarily game changers but still have large appeal.
1. Consumers [...]
Tags: Business · India · Technology
