Tata Motors: Growth At A Discount

Indian automaker Tata Motors (TTM) has been growing faster than both Ford (F) and GM (GM) but still trades at a discount compared to both of them with a P/E of only 10. Read Full Article at Seeking Alpha here. Disclosure: Long TTM

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Investing in India – ADRs

This article also appeared at The Motley Fool. In part 1 of this series, I covered ETFs that invest exclusively in India. In part 2, I covered CEFs and mutual funds. In this article, I’ll look at ADRs’ premiums or discounts vs. their underlying securities, and talk about Indian technology ADRs. Lets start with a…

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Investing in India – CEFs and Mutual Funds

This article also appeared at The Motley Fool. In the first part of this series, I covered investing in India via ETFs. In this section, I will cover CEFs and mutual funds. There are two CEFs (closed-end funds – essentially, managed funds that trade as stocks) that invest exclusively in India. Fund Adjusted Expense Ratio…

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Investing In India – ETFs

This article also appeared at The Motley Fool. India is one of the major emerging market economies. The Indian stock market is well established and the roots of the Bombay Stock Exchange (BSE) go all the way back to the mid 1800s, making it the oldest in Asia. It is the 10th largest stock exchange…

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Bombay aka Mumbai after 4 years

I recently was in Bombay for a month. After 4 years Bombay is a totally different place. There is even more construction everywhere – the airport is being expanded, new flyovers, new metro under construction, new skyscrapers advertising everywhere, fancy highways and more giant malls than one can possibly imagine. 4 years ago there already…

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Indian ETF Roundup

Here is a list of ETFs that invest Primarily in India Ticker Fund Name Fund Sponsor Asset Class IFN India Fund Blackstone Asia Adv Non-US Equity IIF Morgan Stanley India Investment Fund Morgan Stanley Inst Non-US Equity EPI WisdomTree India Earnings Fund Wisdom Tree Asset M Non-US Equity INR Market Vectors Indian Rupee USD ETNs…

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Indian ADR Roundup

Here is a list of Indian ADRs. More info and links will be added in the next few days. ADR SYMBOL ADR:Original Ratio Industry Dr. Reddy’s Laboratories RDY 1:1 Pharma. & Biotech. HDFC Bank HDB 1:3 Banks ICICI Bank IBN 1:2 Banks Infosys Technologies INFY 1:1 Software&ComputerSvc Mahanagar Telephone Nigam MTE 1:2 Fixed Line Telecom….

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Introducing the Tata Nano

Tata Motors unveiled the Nano today – its highly anticipated 1 lakh Rs. ($2500 approx) car at the New Delhi Auto Show. The street price after taxes and destination fees will be about 1.2 lakh for the base model. Here are the specs: 30 HP, 624cc engine, Seats 5 (it seems). It has a 4…

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Indian Stock Market Eyes 20000. China > doubles

The Bombay stock exchange breifly crossed 20,000 twice before closing below 20,000. Is 20,000 here to stay or are we headed in for a wild ride and headed back to 18,000? Noone can tell. For now, I have unloaded my India funds and taken some profits. I will get back in at dips. However they…

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Indian Stock Market sets sights on 18000

The BSE Sensex was up nearly 600 points yesterday, it’s 10th straight day of gains and 10th straight record close! The last few months have seen the market go up a couple of thousand points and it shows no signs of slowing down. However the index has also seen thousand point drops when it has…

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