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From time to time, I publish little collections of information regarding events and trends in Indian and international business. Each collection contains a synopsis of publicly available data and links to articles that I find relevant, as well as my viewpoint on the subject.
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Zimbabwe introduces 100-billion-dollar note
Zimbabwe's introduction of high denomination notes is a sign of hyperinflation, and is currently exceeding 160,000 percent a year. One US dollar can buy 4 million Zimbabwe dollars as per unofficial street rate. Read more...
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Indian IT Outsourcing vs. China
Nasscom estimates Indian tech revenues might reach US$ 60bn by the end of fiscal 2009-10, while China is slowly rising as a silent crusader towards offshoring. The software outsourcing market in China is expected to grow at 40% year on year from 2005-2009, software exports alone are estimated to grow to US$ 12.5bn by 2010 according to China's Ministry of Information Industry. Read more...
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WalMart with Bharti Enterprises in India
Wal-Mart Stores Inc. (NYSE:WMT) will enter into India’s retail market through a joint venture with Bharti Enterprises. Wal-Mart has a liaison office in India to source items such as apparel, textiles and shoes from India, which totaled to over US$ 1.6 billion this year. While Wal-Mart is exploring retail opportunities in the current US$300 billion Indian retail industry, it is facing union issues in China, employees from 60 Chinese Wal-Mart outlets have unionized to fight against the company. Read more...
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Asia's Growing Countries
BusinessWeek has put together a scoreboard of the top 100 fast-growing companies in Asia, using indices drawn from Standard & Poor/Citigroup Extended Market Indexes for the developed and emerging markets of Asia. Read more...
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