Essays and notes on India, investing and technology.
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Speaking at the Observer Research Foundation in August 2019, Chairman of Dalmia Group Holdings Gaurav Dalmia, recounted a discussion from 1990, where an analyst remarked to him that after independence, India was aiming to catch up with Euro...
In the course of conversations about Indian business and Tata Group, I often find that lots of people, both in India and abroad, are unaware of the Tata Group’s pioneering contributions to India and the world over the last century and a hal...
In the book Zero to One, investor and entrepreneur Peter Thiel addresses the distinction between globalization and technology. Globalization constitutes “horizontal progress”, he writes, or “taking things that work somewhere and making them...
In a landmark paper titled The Nature of the Firm published in 1937, then-26 year old economist Ronald Coase addressed the question of why firms exist. “Outside the firm, price movements direct production, which is coordinated through a ser...
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