Tajikistan, under the Russian influence, has repudiated the Indian proposal for an air base in the strategically important Central Asian republic. The Russians have pressed the Tajikis for this eviction to pressurise the Indians into favouring the Russians while signing the lucrative multi-billion dollar defence deals. The Russian insistence comes as no surprise as over [...]
A friend of IEB who wishes to remain anonymous, The Graduate has sent us a great post on Islamic banking in India. The Graduate is a recently minted MBA who is currently employed with a foreign bank’s business banking operations. He does not consider himself an expert on banking, he hopes to bring lay readers [...]
This concerns a post made by International Herald Tribune columnist, Daniel Altman, on his blog, about India and Japan. IEB bloggers Pragmatic and Shefaly have already blogged about it, here and here. My specific thoughts on the post aside, I had reached out to Mr. Altman with some questions on his post. He was quick [...]
Chris Zook, director of global strategy at consulting firm Bain & Co., highlights certain facts from Bain’s analysis of Fortune 500 companies over last two decades. He contends that only one-in-three from the Fortune 500 companies in 1994 survived intact, i.e., without bankruptcy, without acquisition by or integration into another company, or without fundamental changes [...]
around the world, again by Hans Gosling. Dont miss it – worth every minute. This talk is a follow up to the previous one (thanks Ajoy for the comment) that we had posted last week. And, thanks to Nikhil, the data is available on the web too. Here it is where it is available at [...]
This is a game that is being played out in the media for a while now. Pick a number, preferably in percentages, below 93 and above 0. Then, say that number, is the percentage of people who live in dire (or choose your adjective) poverty. Read this post to see how this game has progressed [...]
The bid for procurement of 126 Medium Multi-Role Combat Aircraft at an estimated cost of Rs. 42,000 crores ($10.2 billion) for the Indian Air Force this week has generated a lot of buzz in the international defence market. The NYT reports that- Determined to build a domestic arms industry, India is requiring foreign suppliers to [...]
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