Jul
4
I watched this short piece on Current TV a while ago. While I was intrigued by it, I wasn’t blown away with the business model. First, it’s hard to scale and secondly, there are no barriers to entry. If this takes off, there will definitely be new entrants. But looks like Forsche has had a [...]
May
4
India: A Services Based Economy
May 4, 2008 | Leave a Comment
More Kiran Karnik, who as I mentioned in my previous post, was the closing keynote speaker at the Indian Business Conference 2008.
As the former President of Nasscom, Karnik focussed on IT and its benefit to society and also on India’s attempt at shifting from a service based economy toward manufacturing.
India’s GDP: 22% agriculture, 54% [...]
May
3
Kiran Karnik, former President of Nasscom, was the closing keynote speaker at the Indian Business Conference 2008. Karnik said, Innovation will the key to India’s future. And good innovation doesn’t just mean product innovation (new products coming out of India), but could also include process innovation. For e.g.
For anyone that has traveled in a crowded [...]
May
3
Five Differences Between India and China
May 3, 2008 | 3 Comments
Rajiv Lall, Managing Director and Chief Executive Officer, Infrastructure Development Finance Company (IDFC), was the opening keynote speaker at the India Business Conference 2008. The India-China economy comparison is inevitable in any business conference. As the head of IDFC, Lall talked about India’s infrastructure issues by comparing it to China’s.
Note: I haven’t had the [...]
Jul
1
Tambola In The Newspaper… Brilliant!
July 1, 2007 | 3 Comments
The newspaper industry is booming in India as reported here, especially financial newspapers since the Indian economy is growing 8% and the average investor wants to stay informed. But that hasn’t stopped newspapers from getting creative.
This is obviously old news, but I recently found out about it since my parents moved to Bangalore. Move over [...]
Jun
18
Fire In Princeton Meadows And Hyperlocal Content
June 18, 2007 | Leave a Comment
Finally got the time to upload this picture I took 3 weeks ago.
A fire broke out in Princeton Meadows, a strip mall in Plainsboro, last month. The fire originated in a bakery, Hot Breads, and completely burnt down 4 stores. Also gone is the popular pizzeria, Al Jons, which had been in the neighborhood [...]
Jun
16
Practical Lesson In Financial Accounting
June 16, 2007 | Leave a Comment
If you are a small business under 10M in sales revenue, you have the option of either using cash-based or accrual-based accounting. And if you’re in a business that has a high percent of Account Receivables, you’re better off using cash-based accounting. Why? Because you’re paying taxes upfront on income you won’t [...]
May
12
Death of the Newspaper?
May 12, 2007 | Leave a Comment
Livmint has published two articles that have contradictory headlines - first about readers, advertisers and analysts abandoning newspapers and second about the increase in newspaper circulation.
The panelists and participants at the Web 2.0 Expo had no doubts in their mind - the Internet was killing the newspaper, and the newspaper readers are a dying breed.
Some [...]
