Weekend Reading

This week’s links:

  • Mobile World Congress: A review by Strand Consulting. “We believe that 2010 most probably will be remembered for being one of the years with the least slide-ware and most focus on the world we live in and the market our customers are a part of.”
  • strategy+business on Tatas: “As of 2010, Tata is a $70.8 billion commercial enterprise, employing about 350,000 people in 80 countries, across an eclectic array of industries — including hotels, consumer goods, mining, steel manufacturing, telecommunications, trucks and cars (including the much-publicized $2,500 Tata Nano), electric power, credit cards, chemicals, engineering, and IT services and business process outsourcing. Not even General Electric sells such a wide range of products and services.” As the article puts it, the Tata empire is “too good to fail.”
  • Charlie Munger on the US Financial Situation: From Slate. “A parable about how one nation came to financial ruin.”
  • How India’s Green Revolution has wilted because of subsidies: from Wall Street Journal. “[India] now produces less rice per hectare than its far poorer neighbors: Pakistan, Sri Lanka and Bangladesh.” Quite a shocking story.
  • The Wedge between Mandi and Retail Prices of Vegetables: by Atanu Dey. “The intermediation has to be looked at. But to maximize loot, the government can limit the number of intermediaries. The intermediaries make a killing and they pay the government for the license to operate their killing machines.”

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Rajesh Jain

An Entrepreneur based in Mumbai, India.