Jan

29

Logistics & Courier in India: Where there is a Will, there is a Way!

Filed Under India Business, Metros | 1 Comment

The Wall Street Journal online featured a video on Logistics & Courier services in India, and the complexity of imprecise addresses in managed.

If you have lived in India and also Europe/America, you will understand the difference.

The Indian approach of asking directions with the local shop keepers and residents is so common, that when some of us went to the US and Canada for the first time many years back, it was difficult to use just the map and get to the final destination (in a few months, that adjustment happened).

Europe is a bit closer to India in that respect because of the higher population density, but then not everyone speaks English. But in the end, Where there is a Will, there is a Way!

Jan

22

Indian Stock Market Fall & Correction- Jan 21-22

Filed Under India Business, India Investment Opportunities, Indian Stock Market | Leave a Comment

Indian stocks have taken a solid fall for the second day in a row. Within minutes of the opening, Sensex stock fell nearly 10 per cent forcing an automatic one-hour halt in trading. Although it made a slight recovery it still closed 5% down.

Here’s the end of day summary.

Indian Stock Market Crash Jan 22 2008

Many money managers feel such corrections are part of life as the Sensex goes into bigger orbits, and that this week presents opportunity to make some good buys. We tend to agree, considering the feeling of awe we had when the Sensex crossed 8000 points in Q4 2005 (2 years back). Today the Sensex has moved much beyond 2x of that even after a deep fall like the last 2 weeks.

This article by the Economic Times provides a good summary of events over the last few years - worth reading and saving.