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@dawallstreetblog
Hats Off, Big Brexit!
Hats Off, Big Brexit!
Brexit sure has been a firecracker in global dialogue and connectedness. There’s a contagion in the world and it’s playing out in international finance, development and humanity.
It’s pounding on the door asking to be let in, whether we like it or not. And it requires that we respond readily and quickly to change.
The citizens of the United Kingdom demonstrated dogged courage in their decision to…
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Washington’s #WHCD A Sharp Contrast to India’s #Presstitute Scandal
Washington’s #WHCD A Sharp Contrast to India’s #Presstitute Scandal
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Saturday April 30
Washington, D.C.
On a star studded Saturday evening in Washington, D.C., 2,700 power and celebrity elites converged onto the Washington Hilton Hotel for the 102nd Annual White House Correspondents’ Dinner. The spotlight shone on U.S. President Barack Obama and First Lady Michelle Obama, who, together with comedian Larry Wilmore, Host of “The…
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“Make in India” has an Achilles Heel
“Make in India” has an Achilles Heel
Narendra Modi’s bold “Make in India” campaign has now attained worldwide recognition as the principal policy upon which India can catapult to higher growth.
The “Make in India” premise, however, is built on shaky foundations. Indian labor laws are draconian and reveal the legacy of India’s socialist history. Internal supply chains are lacking. Land reform remains ephemeral. Infrastructure and…
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A Most Necessary Alliance
A Most Necessary Alliance
By: William J. Burns
The foundations of the global order seem increasingly unsteady. The intensity of upheavals in West Asia, Europe’s ongoing crisis, and great power competition in the Asia-Pacific, is matched only by the transformational forces rocking the global economy, climate, cyberspace, and other transnational domains.
The principal strategic task for the United States — and its partners…
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India & U.S. Spar over Trade
India & U.S. Spar over Trade
Earlier this month, the Indian government filed suit in the World Trade Organization (WTO) over the U.S. increase in temporary visa fees.
As part of the 1995 Uruguay Round agreement, the U.S. committed to admit at least 65,000 skilled foreign workers each year – still the current level set by U.S. law. Over the past five years, the U.S. Congress has been raising the fees charged to certain…
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Top 6 Concerns of Global Investors Last week in Paris, JP Morgan held its exclusive Global Markets Conference for senior decision makers in the financial community.
Chinese Big Data Giant Cheetah Mobile Has Global Aspirations
Chinese Big Data Giant Cheetah Mobile Has Global Aspirations
Boasting 635 million mobile monthly average users, Cheetah Mobile, Inc.(NYSE: CMCM) is setting its sights on global expansion. On the company’s Q4 and year-end earnings call yesterday, Cheetah Mobile’s CEO indicated he would rely on India for user acquisition, through strategic tie-ups with the likes of Indian consumer electronics leader Micromax. That said, management emphasized the importance…
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DaWall Street Wrap
It was a day with several blockbuster rips in the U.S. stock markets.
North Carolina-based gourmet supermarket chain The Fresh Market saw a 24% stock spike on news of a deal with private equity major APO.
GW Pharmaceuticals (GWPH) rallied 130% in a long awaited lift to the biotech sector, after positive mitigation of seizures in children suffering from epilepsy in a Phase III trial.
Flying under…
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#Fintech is all the rage.
#Fintech is all the rage.
#Fintech. Think crowded market, quagmired by regulation, and about as transparent as carbon fiber. The large, clunky banks are too slow to keep up due to layers of regulation, creating space for early movers to address pain points in the financial system with some tech savvy and a pleasant user experience.
Case in point: B2B startups Artivest and DarcMatter, both representing in full force in…
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Startups Shine in SoCal
Startups Shine in SoCal
In what has developed into the runway favorite among tech investor conferences, the Montgomery Summitheld this week in Santa Monica, California brought together a global community of 1,000 investors, entrepreneurs and industry executives. The exclusive, invitation-only event showcased 147 private companies from over 20 states and countries and featured a keynote address by Cisco Executive…
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Girls Who Code Founder Reshma Saujani recently gave a TED talk, applauded by Fortune as the most inspiring TED Talk ever. She described how the #gendergap in computer sciences is “so bad” that it allows for exponential growth when addressed.
Check out this slideshow of her top 10 quotes:
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By socializing girls to be brave through computer code, Saujani may feel like a “walking failure of not being able to accomplish [her] dream”, but it seems pretty clear that, by combating the #gendergap in tech, she’s paving the way for thousands of girls to accomplish their dreams.
Watch the full TED Talk here.
© 2016 DaWall Street. All Rights Reserved.
The Bravery #GenderGap: Girls Who Code Founder Reshma Saujani recently gave a TED talk, applauded by Fortune as the…
India’s Telecom Policy: Past, Present and Future
The telecom revolution in India took off when the Indian government moved away from auctioning spectrum and to a revenue share model in 2001. The revenue sharing model allowed network operators to get a foothold into a nascent market, invest in infrastructure and create the most dynamic telecom sector in the world. Unfortunately, the industry saw a severe regression in its development with the…
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In India, Nothing Certain But Death and Taxes
India has been a shining star among emerging markets in the past year, and investors worldwide have been enamored by the flashy road shows undertaken by Prime Minister Narendra Modi and his administration. But, after assuring international investors of the alleviation of their tax headaches, a repeat of the 2012 Vodafone tax debacle is rearing its ugly head. And the Indian stock market is taking…
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Asian Investors Make Big Bets on India Tech
Will All Things India Mobile Soon Be Chinese or Japanese?
Asian investors are making big plays in the Indian venture ecosystem and are honing in on all things India mobile.
In today’s news, sources indicate that Chinese digital commerce giant Alibaba, through its separate payment unit Alipay, is set to make its second investment into India, this time into Indian low-cost mobile phone maker Micromax. Earlier this year, the group invested in Paytm, a…
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Five Ways India Can Supercharge its Entrepreneurship Economy
Five Ways India Can Kickstart its Entrepreneurship Economy
Engineers across India are on the brink of channelling their smarts into building a flurry of software products that will comprise the next generation of all things India tech. And investors across Asia are taking notice. India-based entrepreneurs also have the support of successful patrons across Silicon Valley, who have paved the way for Indian-Americans in the venture capital and engineering…
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10 Rules For Every India Inc. Board Director
10 Rules for Every Indian Board Director
Over 1,000 new board directors have recently been designated for Indian public companies, to comply with an ultimatum by the securities regulator SEBI to achieve greater gender parity. If you’re one of these new board directors, an experienced pro, or you’re just curious, read on for the 10 things every Indian board director should do to stay out of trouble.
Run the plays in the playbook. You…
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India’s Reserve Bank Chief Hints at Major Reform Ahead
India’s Monetary Head Rajan Hints at Major Reform Ahead
Raghuram Rajan, head of India’s central bank, recently made some statements hinting at what could be one of the most impactful reforms to the Indian economy since India’s 1991 liberalization.
As anyone that has invested into or out of India knows, India’s currency is not freely convertible, which means that the Indian foreign exchange regulator has all kinds of rules prescribing the conditions…
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