Firstly,
on behalf of theindiastreet.com I
would like to wish all our readers a very happy and fun filled Diwali. We hope
that the Festival of Lights and the Goddess of wealth help you to prosper and
be a part of the growth that the Indian economy is witnessing.
A
year ago at around the same time, I remember posting an article titled ‘A Dull
Diwali Sets In’. Looking back at the Diwali of 2008, the constant
theme of pessimism, the calamitous overtones of the world economy and the
future of the Indian markets had seriously bummed out the millions of Indian investors.
Some of the Traders on Dalal Street were not even in a half decent mood to
light a firecracker during Diwali.
What
a difference a year can make! The
fireworks have exploded on the Sensex and the Nifty. The most hearty thing
to see that the same people who were so depressed and unhappy last year are a
lot more optimistic and smiling. Definitely Samvat 2066 looks a lot happier
than Samvat 2065.
At
a well organized media conference on Wednesday Ford Motors unveiled its newest model the Figo.It’s in the spotlight because
it is Ford’s first exclusive ‘For India’
model. A company which failed to realize the importance of India’s small car
market five years ago is now making amends. The Figo is meant to attract the
middle income average Indian. Ford has lost out a lot of money because it
dismissed the small-car market in India a few years ago. This car is Ford’s
attempt to redeem itself and get back in the game by making significant inroads
into the Indian market.
As India winds through another
turn in the global economic crisis, investors big and small are uncertain over
the prospects of the Sensex and the Nifty. As an asset class ,equity as a whole
has been treated as a second if not third priority which leaves many companies
listed on the bourses dirt cheap. However many first time investors are wary
about what companies to buy right now for the purposes of long term investments.There are some companies that are considered ‘safe houses for your money’;
performers who over the years have grown and are expected to do so in future as
well if the same streak continues.
The following is a brief
compilation of the same by TIS. Recommendations have been made strictly on past
performance, potential for growth, quarterly revenues, corporate governance and
return for investment.
The cost of buying that car just
got a whole lot cheaper. Carmakers across India struggling with sluggish sales
have decided to cut prices of various models. It’s something that’s been a
collective industry decision as every major auto maker has already done it or
has promised to do it in the coming days. The intent for such a move is
certainly to add life to a struggling auto industry worldwide that has also
impacted Indian companies which means that now could mark the beginning of a
car buying season.
The launch of Maruti Suzuki’s
latest car, the ‘A-Star’ is an important event in the history of the company.
There are obvious questions being asked about the timing of the launch, whether
it would have been wiser to introduce a new vehicle sometime next year when
economic conditions could be better. Nonetheless it’s a bold move that is being
backed by the company. The A-Star is significant to the fortunes of the Maruti
Suzuki group because it’s an India centric car aimed at going global.
I guess we all have certain childhood memories that stick with us through the years. Mine is of my 6-feet-4-inches uncle trying (with great difficulty and a lot of help from relatives!) to get out of a Maruti 800. We were still in the era when “having choice” meant we could choose between an Ambassador and a Fiat. This was the first time we laid eyes on a Maruti 800 and my (adventurous) uncle had somehow managed to squeeze himself in. However, getting out was another story and we feared he would have to live in it forever!
As India winds through another
turn in the global economic crisis, investors big and small are uncertain over
the prospects of the Sensex and the Nifty. As an asset class ,equity as a whole
has been treated as a second if not third priority which leaves many companies
listed on the bourses dirt cheap. However many first time investors are wary
about what companies to buy right now for the purposes of long term investments.There are some companies that are considered ‘safe houses for your money’;
performers who over the years have grown and are expected to do so in future as
well if the same streak continues.
The cost of buying that car just
got a whole lot cheaper. Carmakers across India struggling with sluggish sales
have decided to cut prices of various models. It’s something that’s been a
collective industry decision as every major auto maker has already done it or
has promised to do it in the coming days. The intent for such a move is
certainly to add life to a struggling auto industry worldwide that has also
impacted Indian companies which means that now could mark the beginning of a
car buying season. 
The launch of Maruti Suzuki’s
latest car, the ‘A-Star’ is an important event in the history of the company.
There are obvious questions being asked about the timing of the launch, whether
it would have been wiser to introduce a new vehicle sometime next year when
economic conditions could be better. Nonetheless it’s a bold move that is being
backed by the company. The A-Star is significant to the fortunes of the Maruti
Suzuki group because it’s an India centric car aimed at going global. 
