Prashanth

India ETFs: Full Steam Ahead or Due For a Correction?

>> hen the Indian National Congress (INC) party won enough votes to form a government in Delhi without allies

Thats wrong. While it won more seats, it still depends upon allies for majority.

Cheap Chindian Cars and High Priced Oil Don't Mix

{Quote} I am embarrassed to admit that sometimes I wonder why Christopher Colombus ever bothered to discover India in the first place {/Quote}

Well, please study History before commenting. Columbus set out to discover a new route to India because India was the biggest trading country at that point of time and no country could afford to ignore India as a Trader and as a Supplier of a lot of products used by the Europeans and the land route was blocked.

Cheap Chindian Cars and High Priced Oil Don't Mix

{Quote}Maybe they are just angry because TTM has gone from $20 to $9 and headed to $1. They bought Jaguar and Land Rover... what a stupid move and now looking to buy Hummer... real good on fuel. This company is getting driven to the ground. {/Quote}

Stupid Move? Interesting that you say that since it just tells me that you have no idea about Brands. Do you know as to how much time it has taken for Toyota to establish a Lexus? If Tata had not gone with the take over, it would have lost a lifetime oppurtunity since such Brands never come on DISTRESS Sale. Recently read that Jaguar will soon be launching a $100K car. You can well imagine the kind of margins those cars shall have.

With regard to buying of Hummer, as far as my info is concerned, neither Tata nor any other Company has come forward for that Brand. Its unlikely to be ever sold unless given away for a pittiance.

Out Goes Gold Fields, In Comes Tata

Check this,
www.businessweek.com/a...

and these

en.wikipedia.org/wiki/...

en.wikipedia.org/wiki/...

Cheers