The Race To $100 Billion In terms of market value, Indian companies are still puny compared with their international counterparts. Not for long though. Here are six reasons why the emergence of the Indian mega-corp is only a matter of time.
Business Today, March, 2007 by Mahesh Nayak
When Warren Buffett, perhaps the greatest investor of all time, started acquiring the stock of Berkshire Hathaway in the 1960s-at that time a humble textile manufacturer-the company was worth just about $8 per share. When Business Today last checked the company's price on the New York Stock Exchange (NYSE), it stood at a mind- numbing $106,710. Berkshire today is an insurance and banking behemoth, has an investment portfolio to kill for (Coca-Cola and American Express being just two of the marquee names on that list), and for good measure has some 50 subsidiaries that operate in varied areas ranging from jewellery to candy to furniture. It's also the world's most valuable company to boot, with a market value of a little over $1.4 trillion.
The likes of Berkshire-and...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
