MyIndiaBook

In 1997 some observers feared an impending global recession as result of the headwinds stemming from the Asian Financial Crisis.  However, within two years, those fears had dissipated and were replaced with new concerns of irrational exuberance. ... Read full article

More than eighty percent of India’s population subsists on less than $2 per day according to a recent study prepared by the Department for International Development, UK (”Three Faces of India, June 11, 2008).  Clearly, then, poverty reduction must constitute the highest priority for Indian policymakers.  However, a political consensus on how best to solve this seemingly intractable problem remains elusive. ... Read full article

How will Infosys Technologies Inc. sustain its growth over the long term given the obvious limitations of its linear business model?  Ten years ago, for example, Infosys was galloping with ease at about 50-60 percent year-over-year revenue growth.  In 2008 however, Infosys is expected to muddle through at about 20-21 percent year-over-year revenue growth.  And, with an employee base approaching 100,000, Infosys will face even greater difficulty in scaling headcount. Given these challenges, my aim in writing this article is to present a bold strategy for Infosys to drive growth and shareholder wealth creation.... Read full article

Vision 2020:  New York. CNBC is reporting that Mittal Insurance has surpassed GEICO in auto insurance, just months after Tata Financial surpassed Wells Fargo in home equity finance.  With Reliance Healthcare also poised to overtake Cigna in healthcare insurance, it is not surprising that the U.S. financial services industry is stepping up efforts to lobby Washington for a level playing field with India.  Indeed, industry executives have publicly stated on several occasions that they cannot compete with Indian companies because of their “unfair” cost advantage.  Clearly, corporate America has not faced such a formidable competitor since Japan entered the U.S. automobile market. ... Read full article

With over two-hundred and fifty million people subsisting on less than one dollar per day, India comprises of the world’s greatest multitude of poor people. Surely, poverty reduction must constitute the highest priority for Indian policymakers.  However, because of India’s fractious democratic polity, a broad-based consensus with regard to the optimal framework for poverty reduction has thus far, eluded policymakers.... Read full article