Description:
The focus is on emerging economies and specifically on India. The author intends to provide in-depth analyses of the Indian market and companies. This analysis shall be presented in context of other BRIC countries - Brazil, Russia and China. The goal is to increase awareness and point investors to various investment vehicles available to get exposure to these markets via Exchange Trades Funds (ETF), Mutual Funds, and Equity Stocks that are listed on the U.S. stock exchanges.
Announcing the birth of new economic giant - China. China added $266 billion to its foreign exchange kitty during the first half of 2007. The new estimated GDP growth has been revised upwards to 11.11%. China also recorded monthly trade surplus of $26 billion last month alone.
This article gives new perspective to world economy and what is to be expected in years to come.
The race has begun. Economic development in India and China has reached a new level of competitiveness. Both these countries bring their historical strengths and are also chained by their intrinsic limitations. China has demonstrated disciplined approach towards its economic development. India on the other hand, the largest democracy on the face of this planet, has thrived on the business acumen of its private sector. It is a well known fact that in India development happens despite of government rather than because of government. Economic development in China is mainly because of government. The question which is being asked today is simply as follows - Would Chinese learn to speak English faster than India can improve its infrastructure?
India continues with its economic progress. Foreign exchange reserves have added $35 billion to the kitty since the beginning of the year and now stand at $212 billion. Jet Airways is not only introducing flights from New York to Mumbai but breaking new ground by introducing "flying suites". Read these and other economic snippets emerging from India.
Larsen & Toubro Limited (L&T) is an engineering and construction organization, and one of the largest companies in India's private sector with additional interests in manufacturing, services and Information Technology.
The company was founded in Bombay (Mumbai) in 1938 by two Danish engineers, Henning Holck-Larsen and Soren Kristian Toubro, beginning with the import of machinery from Europe. L&T rapidly took on engineering and construction assignments of increasing sophistication. Today, the company sets engineering benchmarks in terms of scale and complexity.
We have been tracking what people have been saying about India as India moves forward with its economic progress. The following is a compilation of some interesting opinions that various people have expressed. Check them out yourself!
The following article was originally published in February. Since then India's foreign exchange reserves have reached $204 billion and China is estimated to have over $1.2 trillion in reserves. Refer to the scrolling chart in the right hand column to compare India and China's foreign exchange reserves with other countries. It is equally interesting to note that both these countries have managed to keep their external debt relatively low.
Tata Consultancy Services (TCS) is one of the world’s leading information technology companies. The Company is the largest Indian IT Services Company in terms of revenues, profits, number of employees and market capitalization. Established in 1968 as a division of Tata Sons, TCS has pioneered the concept of offshore IT services since 1974 and has emerged as an integrated full-services player with a global footprint and scale. TCS is based in Mumbai, India and is spread in 34 countries across 6 continents,. TCS operates as a subsidiary of Tata Sons Ltd. TCS went public in 2004, raising $1.17 billion in one of the largest initial public offerings ever. TCS provides information technology and management consulting services to organizations in more than 53 countries.
