India booming and some interesting statistics

Rediff.com is reporting some very interesting numbers here. As per them, the top four Indian IT Outsourcing firms, namely TCS, Infosys, Wipro and Satyam, together witnessed an attrition of over 10,000 people (!!!) in the Q1 ending June 2007. That's a huge number by any standards.

Poor infrastructure, rising salaries, stronger rupee, amazingly high attrition rates - Do we need any more indicators for a severe reversal?

Dow, BSE at all time high

With Dow Jones and Bombay Stock Exchange (BSE) fiddling with their all time highs, I tried to do a comparison of both the stock exchanges (courtsey: Yahoo Finance charts).
While the BSE has doubled in the last 2 years, Dow is not that far behind either. Its up more than 30% over the last 2 years which is a great return, perhaps comparable to those offered by hedge funds. So, is it a great time to invest in Index funds or is this home run going to die out soon, I will let economic pundits comment on that.

The Metrix: For aspiring VCs

A fascinating video by the Wharton Follies, articulately describing the hype with VC jobs.


As an aside, I will be joining the Wharton MBA program starting this fall. I perhaps, exactly fit the profile of the guy in the video - Looking for that cool and cushy VC job with no prior Venture Capital background.

Google's acquisitions so far

After hearing about Google's acquisition of Postini a few days ago, I thought I should do a post on summarizing Google's acquisitions over the years. However, after some googling, I stumbled upon this excellent post. A great roster for anyone looking to study Google's acquisitions. Some interesting analysis of the post:

• Google has made over 38 acquisitions since 2001, of which 12 were made in 2007.
• Google's largest acquisition so far in terms of cost has been Doubeclick (US $3.1B)