Parchayi.com – Personal Finance Simplified

I recently was in Bombay for a month. After 4 years Bombay is a totally different place. There is even more construction everywhere – the airport is being expanded, new flyovers, new metro under construction, new skyscrapers advertising everywhere, fancy highways and more giant malls than one can possibly imagine. 4 years ago there already [...]

Here is a list of ETFs that invest Primarily in India

Ticker
Fund Name
Fund Sponsor
Asset Class

IFN
India Fund
Blackstone Asia Adv
Non-US Equity

IIF
Morgan Stanley India Investment Fund
Morgan Stanley Inst
Non-US Equity

EPI
WisdomTree India Earnings Fund
Wisdom Tree Asset M
Non-US Equity

INR
Market Vectors Indian Rupee USD ETNs
Van Eck
Non-US Equity

PIN
PowerShares India Portfolio
PowerShares Capital
Non-US Equity

ICN
WisdomTree Dreyfus ETF Indian Rupee Fund
Wisdom Tree Asset M
Non-US Equity

INP
iPath MSCI India Index [...]

Here is a list of Indian ADRs. More info and links will be added in the next few days.

ADR
SYMBOL
ADR:Original Ratio
Industry

Dr. Reddy’s Laboratories
RDY
1:1
Pharma. & Biotech.

HDFC Bank
HDB
1:3
Banks

ICICI Bank
IBN
1:2
Banks

Infosys Technologies
INFY
1:1
Software&ComputerSvc

Mahanagar Telephone Nigam
MTE
1:2
Fixed Line Telecom.

Patni Computer Systems
PTI
1:2
Software&ComputerSvc

Rediff.com India
REDF
2:1
Software&ComputerSvc

Satyam Computer Services
SAY
1:2
Software&ComputerSvc

SIFY
SIFY
1:1
Software&ComputerSvc

Sterlite Industries
SLT
1:1
Indust.Metals&Mining

Tata Communications
TCL
1:2
Fixed Line Telecom.

Tata Motors
TTM
1:1
Industrial Engineer.

Wipro
WIT
1:1
Software&ComputerSvc

WNS Holdings
WNS
1:1
Support Services

Tata Motors unveiled the Nano today – its highly anticipated 1 lakh Rs. ($2500 approx) car at the New Delhi Auto Show. The street price after taxes and destination fees will be about 1.2 lakh for the base model. Here are the specs: 30 HP, 624cc engine, Seats 5 (it seems). It has a 4 [...]

The Bombay stock exchange breifly crossed 20,000 twice before closing below 20,000. Is 20,000 here to stay or are we headed in for a wild ride and headed back to 18,000? Noone can tell. For now, I have unloaded my India funds and taken some profits. I will get back in at dips. However they [...]

The BSE Sensex was up nearly 600 points yesterday, it’s 10th straight day of gains and 10th straight record close! The last few months have seen the market go up a couple of thousand points and it shows no signs of slowing down. However the index has also seen thousand point drops when it has [...]

IFN will payout $56.4285 per share of IFN and from my account at scottrade it seems that they accepted all my shares!! So the rights offer was a great deal and I hope to buy some IFN back in time for the dividend after they deposit the money in my account. As of Friday (the [...]

The India Fund has made available NAV values for each day of this week. Yesterdays NAV was 53.12, making the price a 15% discount and the repurchase offer even more attractive! I’m going to wait until Friday before I make the decision but it looks like the repurchase offer is likely to be a good [...]

The India Fund announced the commencement of it’s semi-annual repurchase offer on Friday. The dealine to respond to the offer is 5PM Eastern on September 14. The shares will be purchased at 2% less than NAV on September 21.
On Friday, The India Fund traded at a discount of 7.3% to NAV and this is significantly [...]

Tata Motors Ltd. (TTM) is going global. Just look at the recent headlines about the stock:
India’s Tata, Mahindra eyeing Jaguar, Rover: report – This is not necessarily something I personally support or like but as a part of global expansion, I would deem it ok.

Report: Tata Motors to Invest in Thailand
Tata Motors plant in S.Africa [...]