Car Sales Soar…in India and China

The Wall Street Journal (sorry, subscription required) noted earlier this week that February car sales in India increased 22% over last year.  China’s car sales increased by 2.7% in January and February.   This contrasts starkly with car sales in the U.S., which declined by 41%, and Europe, which declined 18% (only rising in Germany).
To [...]

Role Reversal

The news that jumped out at me this morning was the acquisition of Virgin Radio by an Indian company, the same company that owns the Times of India. This makes at least the third major acquisition of a European company by an Indian company in the last several months. Back in 2006, Europe’s [...]