India’s Biggest Dairy Is Betting On Eating-Out Boom

More Indians are eating out as a growing economy boosts incomes. That’s what the No. 1 dairy in the world’s biggest milk-producing nation is betting on to extend its dominance. Amul expects its next wave of growth from institutional sales—supplying everything from milk and curds to butter and cheese to hotels, restaurants and caterers. The…

Happy Birthday Jack Bogle, the man Warren Buffett calls a ‘hero’

Everyone knows Warren Buffett and his idea of value investing, but not many have heard of John Clifton “Jack” Bogle, who the Oracle of Omaha himself calls a hero for investors. Bogle, the retired founder and CEO of Vanguard Group, also a creator of first index fund, turns 88 today. During Berkshire Hathaway’s annual shareholder…

The Indian Knitwear Town Gunning to Displace China in Apparel

Indian clothes maker T.R. Vijaya Kumar thinks it’s time for his country to take on Bangladesh, Vietnam and even China for leadership in the global apparel industry. He’s a second-generation manufacturer, who’s transformed his small family undershirt business in southern India into an apparel exporter of 1,700 employees and aims to double its sales by…

FIIs pump in over Rs 11,000 crore in the market

Overseas investors have pumped in over Rs 11,000 crore ($1.7 billion) in the Indian stock market this month following new RBI Governor Raghuram Rajan’s announcing measures to boost the weakening rupee and revive economic growth. Moreover, the US Federal Reserve’s decision of leaving its stimulus programme unchanged also encouraged foreign investors to park their funds…

Why some foreign investors are buying India

Newspaper headlines spew doom and gloom about India. Analysts are topping each other with ever-more-dire pronouncements on the country’s prospects. And yet some foreign investors are not only ignoring the warnings, they are buying more shares. It flies in the face of conventional wisdom to bet on a country with a currency tumbling to record…