Browsing: Wall Street

“The Indian community in America has certainly ‘arrived’. Indians are everywhere, from finance to politics to media, and they are not just treading water either – they are rising to senior positions and directing the destinies of industries. They are also greatly involved in philanthropic work, not just for the homeland but right here at home as well, and they are truly assimilated into the American culture and values.

And that is what makes Gutpa’s fall even more problematic. He represents everything good about being Indian-American – educated, polished, humble, generous, statesmanlike – and yet his choices later in life throw all that away for the sake of money and in his quest for even higher status.” – Sanjay Sanghoee – Guest Post

“My father was a CEO, so I grew up in a family that gave me a very real sense of the positive impact that business can have upon society – from providing goods and services to creating jobs to building entire communities,” says Nitin Nohria, Dean of Harvard Business School.

Thousands tread the crowded pavements of Times Square, surrounded by the glittering, psychedelic signage which includes the world-famous NASDAQ billboard.

New York City is certainly the place where wild dreams can come true. As Archana Patchirajan, a fairly new transplant from India, recalls, “Exactly 5 months back the three of us were walking in Times Square and said to each other, ‘We will be on the NASDAQ billboard one day!’ – and here we are!” And this dream did come true.

Recession? What recession?

An untitled painting by M.F. Husain just sold in auction in New York for over a cool million dollars – $1,058,500 to be exact, over five times the estimated price. ‘Gestation’ by H.S. Raza, which was estimated at $600,000 – 800,000, fetched $ 1,202,500. An untitled Manjit Bawa sold for $602,500, double the pre-sale estimate.

Contemporary Indian art is certainly the comeback kid if the auction results at Christies, Sotheby’s and the online auction house Saffronart are any indication.

Want to know where you can get WiFi connection in Manhattan? Confused by the labyrinth of subway connections? Or just hungry for a great meal? Now, thanks to a team of Indian IT professionals, you can have all that information at your finger tips on your iPhone – and it’s free.

NYC Way is the name of this neat application and it’s got Mayor Bloomberg’s seal of approval. It got an honorable mention for the App of the Year but also won the Public Choice Grand Prize and the Investors’ Choice Award in the NYC Big Apps competition

McMansions, hefty bank balances, unfettered success, Ivy League schools, a world embroidered with dollar signs.

For many Indian immigrants, that was the fabric of the American Dream. Add to that a Lexus and maybe a BMW in the double car garage, lots of travel, lots of dining out, and the ability to live a rich lifestyle.

For other Indian immigrants, the American Dream was much more modest—just the ability to survive, to consolidate some savings and send funds back home to family members still in the village.
Yet all these dreams, big and small, modest and immodest, have been gathered, whipped up and churned in the ruthless and noisy cement mixer of the economy—pummeled, pushed and battered by the worst crisis in memory as the global economy has taken a severe beating.

What could be more British than a bulldog? An Indian! Indeed, there’s an Indian entrepreneur behind Bulldog London Dry Gin, an ultra premium gin which was named among the top 50 spirits last year by Wine Enthusiast Magazine which gave it a superb (90-95) rating and highly recommended it.