Word: nilesh
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Dates: during 2000-2009
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...riskier companies that may one day grow up to be blue chips. In November and December alone, the CNX mid-cap index jumped 28%. Returns like those make life worth living, but gravity has a way of bringing things back to earth. When I met him in Bombay, Nilesh Shah, head of equity strategy at Kotak Securities, seemed pleased but perplexed by the performance of his team's fledgling mid-cap fund, targeted at foreigners willing to pony up $100,000. Six months after its launch last August, he marveled, it had soared...
...wonderfully alluring names like (my favorite) the Monsoon India Inflection Fund. The most voguish vehicles of all are mid-cap funds that bet on riskier Indian companies that may one day grow up to be blue chips. In November and December alone, the CNX mid-cap index jumped 28%. Nilesh Shah, head of equity strategy at Kotak Securities in Bombay, says his team's fledgling mid-cap fund, targeted at foreigners willing to pony up $100,000, soared 59% in the six months after its August launch...
...sell India. I can start selling my company straight away." Because of globalization, cultural differences that affect production values?the look and feel of programs?are rapidly disappearing, too. "Ten years ago, when Bugs Bunny said, 'What's the hubbub, bub?,' most Indians would not have got it," says Nilesh Sardesai, creative director at Crest. "But today, they do," because Indian society has opened to foreign influences...
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