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Archive for the ‘Business’ Category

Rent A Random White Guy As Business Prop.

In Business, India on June 16, 2010 at 7:32 am

In today’s edition of WTF – Renting random white folks as business props is not just an Indian thing to do. The Chinese are doing it too.


Would You Pay $2.6 Million For Lunch With Warren Buffett?

In Business, India on June 12, 2010 at 8:03 am

Because that’s what a bidder did, making it the highest amount ever for lunch with Buffett. The money of course goes to Glide, a charity that feeds homeless people in San Francisco.

Wouldn’t it be great if a Mittal, Tata, Birla or Ambani did the same thing for an Indian charity?

Need A Foreign Business Partner in India? Rent-A-Woman. Preferably White.

In Business, India, Women's Issues on June 3, 2010 at 7:23 am

A liberal dose of reverse racism, generously garnished with sexism, heaped with discriminating against Indian women for the color of their skin. Evidently makes for a good sales and marketing plan for some Indian businesses.

The Indian obsession with White people, more so with the White woman, is as old as the East India Company. But the centuries-old hangover just got a new twist.

White women are now being hired by some businessmen to be flaunted, as if they were business accessories, at meetings with clients. Foreign interns in the Capital are being offered money by some Indian companies just to show up at business conferences and meetings in order to sell a make-believe ‘international image’ of themselves. (full post at OPEN)

The source for the OPEN article was a blog post by Same Same (but different) which you should read as well.

Wal-Mart Targets Some Of India’s Most Vulnerable – The Farmers!

In Business, Food/Drink, India on April 13, 2010 at 2:18 pm

Wal-Mart has been trying to get a handle on India’s retail industry, since opening its first store in May 2009  as reported by us earlier.  But now, they are trying their luck at food – probably the most essential item in a third-world country one would think!  But with the restrictions to not be able to sell to the consumer market themselves, Wal-Mart might find themselves in a bind.

Yet, they are already reaching out to the local farmers, by offering them more money for their product and even picking up the crop, which, to this date, is the most difficult part in the Indian farmer’s distribution challenge.

The challenges are significant. Buying and transporting produce are difficult tasks because India has millions of small-scale farmers and an agriculture system riddled with middlemen. (The New York Times)

We actually think that the challenge is to keep India true to its roots.

FAB Idea: Give Every Child On The Planet $100 In The Bank At Birth.

In Business, India, People Making A Difference on April 11, 2010 at 9:24 pm

The idea behind FinancialAccess@Birth (FAB) campaign is simple – giving every newborn child in the world an online bank account with $100 in it.

Bhagwan Chowdhury, a finance professor at University of California, Los Angeles is behind the FAB campaign along with an impressive list of founding members including the former finance minister of Mexico, professors of economics at Princeton and Harvard, and other social entrepreneurs. Read the interview with Bhagwan Chowdhury in SmartMoney.

A simple idea with a grand vision that they want to make a reality by 11/11/11. Imagine how far a 100 dollars would go in some parts of the world. We love it!