TM

Invest Globally, Not Just Locally

Richard, I agree. I have been speaking with a lot of different investment banks and all of them seem to be significantly enlarging their presence in India. I wish there was some type of forward looking indicator to track the significance of that, but I have a feeling it is pretty high. Essentially, you are going to have a bunch of banks introducing Indian equities to .a lot of clients who would have otherwise not have had a means to invest in the country. It is definitely something to keep an eye on. I have been looking at IFN and EPI