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2point6billion.com discusses business and investment news rising from the geopolitical relations of China and India, and the interactions these two countries have with the rest of emerging Asia.



Monthly Archives: October 2009

Radical Hindus to Market Ayurvedic Cow Urine Drink

Oct. 30 – Fancy a refreshing glass of chilled ox pee? This delicious sounding bovine brew is in the final stages of development by the Cow Protection Department of the Rashtriya Swayamsevak Sangh, India’s biggest and oldest Hindu nationalist group, according to the man who makes it.

Om Prakash, the head of the department, said the drink, called “gau jal”, or “cow water” in Sanskrit, was undergoing laboratory tests and would be launched “maybe by the end of this year.”

Apparently, the brew won’t smell like urine and will be tasty. “It won’t be like carbonated drinks and would be devoid of any toxins,” Prakesh says. The drink is the latest attempt by the RSS – which was founded in 1925 and now claims eight million members – to cleanse India of foreign influence and promote its ideology of Hindutva, or Hinduness. Continue reading

Posted in Culture & History | 2 Comments

Singh: We Desire India and Pakistan to Live in Peace

Oct. 30 – Prime Minister Manmohan Singh reached out to government of Pakistan on Wednesday, saying that it was the desire of India and the people of Pakistan to live in peace.

Addressing a mammoth gathering in Anantnag, the prime minister, underlined that Pakistan needed to curb terrorism directed at India. “For a productive dialogue it is essential that terrorism must be brought under control,” the Punjab-born prime minister said in Urdu, reading out from a prepared statement quoted in the Economic Times. “I strongly believe that the majority of the people in Pakistan seek good neighborly and cooperative relations between India and Pakistan. They seek a permanent peace. This is our view as well,” he said. Continue reading

Posted in Politics | 3 Comments

Tigers on the “Verge of Extinction”

Photo by Tambako the Jaguar/Flickr

Oct. 30 – The world’s tiger population is declining fast despite efforts to save them, and new strategies are urgently needed to keep the species from dying out, international wildlife experts said on Tuesday at a 13-nation Tiger conference held in Kathmandu.

An estimated 3,500 to 4,000 tigers now roam the world’s forests, down from the more than 100,000 estimated at the beginning of the 20th century. All the remaining tigers are in Asia. . Participants at the conference, including the World Bank, the World Wildlife Fund and other groups, discussed strategies for tiger conservation, as well as challenges such as poaching, the trade of tiger parts and conflicts between tigers and local populations. Continue reading

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China, Japan, India Law Firms Rule Asia Pacific M&A Structuring

Oct. 30 – A report by Mergermarket has identified Indian law firms as the big new kids on the block in terms of M&A activity with three Indian law firms having completed deals in excess of US$3 billion this year.

Indian law firm Desai & Diwanji & Co (D&D) features in the top 10 across the region. With 14 deals worth more over US$3.6 billion, it ranked eighth in the region. D&D advised Quippo Telecom Infrastructure in its acquisition of Wireless IT Service, and was also involved in advising Avendus Capital and WL Ross in the acquisition of Satyam Computer Services by Tech Mahindra. Continue reading

Posted in Business | Comments Off on China, Japan, India Law Firms Rule Asia Pacific M&A Structuring

India Zips Ahead in Race for Global Electric Car Market

Oct. 30 – Reva, the Indian electric-car maker based in Bangalore, plans to work with U.S. firm Bannon Automotive to manufacture a three-door hatchback near Syracuse, New York.

The plans are still pending final approval from Reva’s board. Electric cars in the United States haven’t fully taken off and there are only a couple of electric car plants that exist.

Reva’s move comes as Warren Buffett invested in China’s BYD last year although occasional 2point6billion feature Anil Gupta has warned against putting too much faith in BYD’s early-mover advantage, on the grounds “that a car is more than a stack of batteries.” Continue reading

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India Leads as Top Outsourcing Destination

Oct. 30 – India has yet again reiterated its position as the top outsourcing destination in the world. According to a report released by CyberMedia and Tholons Research Group, six out of eight leading cities hail from India. Of the top 50 cities, 19 are from Asia and 13 from Central and Eastern Europe.

Six Indian cities including Bangalore, Delhi NCR, Mumbai, Chennai, Hyderabad, and Pune are among the top eight global destinations for outsourcing of services along with Manila and Dublin. The next top ten outsourcing destinations considered to be “Top 10 Aspirants” hail from China, Vietnam, Poland, Argentina, Egypt and Brazil and include in rank order: Shanghai, Beijing, Shenzhen, Ho Chi Minh City, Hanoi Krakow, Buenos Aires, Cairo and Sao Paulo. Continue reading

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Consumer Reports: Asian Auto Manufacturers World’s Most Reliable

Oct. 29 – An annual survey by Consumer Reports has stated that Asian automakers are still building the most reliable cars and trucks, with eight of the top 10 brands from Japanese and Korean companies.

Toyota’s youth-oriented Scion brand finished first for the second year in a row, several Ford models, including the midsize Ford Fusion and its cousin, the Mercury Milan, consistently have been at or near the top of their classes, a trend that led Consumer Reports editors to declare that Ford is now making some vehicles with world-class reliability. After Scion, Honda, Toyota, Infiniti and Acura rounded out the top five brands in reliability based on surveys taken in March of subscribers who own or lease 1.4 million vehicles. Continue reading

Posted in Foreign Trade | 1 Comment



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