cadbury india

By Vipin Agnihotri

In my opinion, Indian capital markets are increasingly taking their cues from global markets. Generally speaking, no sector is completely insulated from the impact of a US and global slowdown, but there are obviously few sectors that are more protected as compared to others.

Someone sent me a few of these videos of Pizza Hut employees dancing in the Pizza Hut store. Little known to the sender is that the Pizza Huts in India are owned by a franchisee and not controlled by Pizza Hut Corporate USA (they were wondering if the employees were breaking any cororate rules). Besides, the dancing and music are great!

A sign of an emerging and growing economy is the increase in litigation. You might believe this to be a bad sign but I dispute that belief because a healthy economic environment includes the presence of a fair legal system. I am not suggesting the India legal system is as fair as the UK or the US, but the simple fact that foreigners can file a lawsuit against an Indian company or individual is a good sign. If the Indian courts were as corrupt as some suggest, the cases would be thrown out of the legal system as soon as they were filed. The fact that they are not, suggests to foreigners that they have a fair chance of being heard and thus will feel more comfortable investing in India.