Summit Notebook

from Global Investing:

BRIC: Brilliant/Ridiculous Investment Concept

December 7, 2011

BRIC is Brazil, Russia, India, China -- the acronym coined by Goldman Sachs banker Jim O'Neill 10 years back to describe the world's biggest, fastest-growing and most important emerging markets.  But according to Albert Edwards, Societe Generale's uber-bearish strategist, it also stands for Bloody Ridiculous Investment Concept. Some investors, licking their wounds due to BRIC markets' underperformance in 2011 and 2010, might be inclined to agree -- stocks in all four countries have performed worse this year than the broader emerging markets equity index, to say nothing of developed world equities.

from Sakthi Prasad:

India Investment Summit comes to Bangalore

September 28, 2010
After completing the Mumbai leg, the 2010 India Investment Summit is set to arrive in the garden city of Bangalore on Wednesday. Long known as the pensioner’s paradise, Bangalore is fast morphing into a global, multicultural city. The city is also emerging as a favourite destination among young Indian professionals aspiring for a blue-chip career in the information technology business. But despite Bangalore’s success in the IT industry -- the showpiece of a rising India -- the city’s infrastructure has not been able to keep pace with its phenomenal growth over the last decade or so. Frequent power cuts, traffic-choked roads and lax urban planning often leave city dwellers and foreign investors in mute frustration. However, despite these issues, multinational companies have kept their faith in the city.

Executives of real estate, technology and pharmaceutical firms will be exclusively talking to Reuters journalists about their companies’ growth plans, challenges they face and business opportunities that are available within the wider context of India investment story.

A bubble in the real estate market?

September 27, 2010

INDIA-URBANISATION/Have you tried buying or renting a house in Mumbai recently? If so, then I won’t be surprised if you think real estate prices are plain expensive, and incredibly so. But that’s almost always been the case in India’s commercial capital. After all, when was the last time someone told you they got a cheap house in the city?

Paranoid governments and conspiracy theories

September 27, 2010
Adi Godrej

Adi Godrej

Adi Godrej, who marshals his namesake $2.5 billion diversified group, believes the Indian government is “paranoid” about the possible effects of allowing more foreign investments into sectors such as airlines.

Recession’s perfect storm speeds up change in ad industry

December 2, 2009

Why is it that the United States’ advertising as a proportion of marketing services is at its lowest point since 1977, maybe even lower than since the Second World War?

60-hour work weeks, all in the name of climate change

September 10, 2009

Some politicians may be accused of dragging their heels when it comes to dealing with climate change, but you can’t say members of the United Nations’ Clean Development Mechanism’s executive board aren’t clocking in the hours.

Expect action in Japanese M&A

July 7, 2009

After falling off a cliff at the start of this year as the global financial crisis gripped, mergers and acquisitions by Japanese companies overseas are likely to pick up again in the second half of this year, according to boutique Japanese M&A advisory firm Recof Corp.

AUDIO – For Nordson — “Get ‘em right, or get ‘em out”

February 25, 2009

Throughout the current recession, many of the companies’ executives at this week’s Reuters Manufacturing and Transportation Summit have found an opportunity to review, pare back and possibly add on to their existing business mixes.

Audio – Outsourcing daily life

November 25, 2008

At the Reuters India Investment Summit we asked Managing Partner of IBM Global Services Sandip Patel about the first thing he would like to outsource from his daily life. His response, perhaps instinctively, was automating the cleanup of thousands of his emails.