China will continue to remain the preferred investment destination for businesses – not India – over the next five years, according to a new report. China will continue to significantly outpace India in attracting foreign direct investment between now and 2011, according to the report from the Economist‘s Economist Intelligence Unit. FDI inflows into India are set […]
A study by three finance professors into 75,000 Danish companies has found that the profitability of a company increases by 7% after the CEO’s mother-in-law dies. We swear we are not making this up. This interesting study and its results are from a front page story in today’s Wall Street Journal (subscription required). The study […]
Some of the ferocious entrepreneurial energy that has propelled India to a growth rate of over 9% lately seems to be moving westward – to Pakistan. Writing in today’s Wall Street Journal (subscription required), Peter Wonacott sees a new class of entrepreneurs in Pakistan ushering in pockets of dramatic change: Scores of new businesses once […]
Indian TV viewers have never had it so good or so bad (depending on the viewer). Some 100 TV channels are supposed to be launched over the next 12 months with more to come. While this huge expansion in TV channels means so much more choice for viewers, it also portends intense competition for ad […]
The New York Times has an interesting piece today on India’s growing appetite for military weapons. According to the NYT piece, India wants to spend a humongous amount of money on its military in the near future: Over the next five years, military analysts expect the country to spend as much as $40 billion on […]
McGraw Hill has named Deven Sharma president of its tainted financial services division Standard & Poor’s effective immediately. Sharma replaces Kathleen Corbet, who left to “pursue other opportunities”. Sharma was previously executive vice president at Standard & Poor’s with responsibility for Investment Services and Global Sales and before that a partner at management consulting firm […]