[International Market Watch/Business Magazine( A Cm_a Venture)] 3/19/2007 11:14:00 PM

[International Market Watch/Business Magazine]

The World of Business
By:Cm_a

Nearly 90% of all US companies intend to use a part of their marketing budget in new media like video games or virtual communities.

Indian Companies landing in Russia

Reliance is going to set up a petrochemical factory in Russia
TaTas will manufacture auto spare parts in Russia
Essar will build ships in Russia as a joint venture
Pharma companies like Ranbaxy, Cadila Pharma, Wockhardt, IPCA Labs, Sun Pharma and Glenmark have invested almost $ 2 billion in Russia.
ONGC have invested $1.5 billion in Russia.

Chinese economists warn against Yuan appreciation while US apply pressure for the same on china

US asked China to allow Yuan to rise at a faster pace to help balance in their trade gap.
The Chinese economists say it may encourage more speculative money to enter China.
In Russia the gulf between Rich and Poor widening faster. At present Russia has 53 billionaires. So far Russia paid off $22 bn. debt.

$96 is the present average pension in Russia which is lesser that that of Soviet era.
30% salaries are lesser that minimum amount required for survival.

In coming years-India four major commercial cities like, Bangalore, Chennai, Delhi-NCR, Mumbai, Pune Hyderabad and Kolkota require 25 million sq.ft. for commercial space.
Private equity- in 2007
China- $609 million
Japan-4 980 million
India - $1.24 billion
India will need 1,500 aircraft in 10 years.

Suzuki Motor Corp. will invest $2.5 billion by 2010 in various company enterprises.

China suffers the most severe brain drain in the world. They may face problem to find talents.
General Motors thinking to launch mass market electric car called Volt.
China hesitates to allow Banks to enter into insurance, as the rate of success in insurance by banks is less.

FMGC expands in rural India. While it may stagnate in the urban market as the market is flooded with over production. Exchange system sells the products in consumer durables.
India is considered to be the largest paradise of Internet hawkers as the professional are leaner to misuse the technology for illegal means.

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Posted by International Market Watch/Business Magazine to International Market Watch/Business Magazine( A Cm_a Venture) at 3/19/2007 11:14:00 PM