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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (10031)12/14/1999 8:37:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 12475
 
Jobless? Try Tea-biz in Assam!

(Thousands benefit by entering the 'forbidden' tea business.)

The unemployed in Assam don't seek jobs, they get into tea biz

Moran was a small township in upper Assam's Dibrugarh district, a mere dot on the National Highway 37. Today, it is the nervecentre of new age tea cultivation that is churning millionaires out of seemingly ordinary but hardworking people.

Take Lekhak Koch, for instance. Only a decade ago, he used to move around on a rickety bicycle, doing odd jobs. Today, he is a proud owner of several four-wheelers, among them a Tata Sumo, a brand new Mahindra Classic and a Maruti car.

Or consider Pradeep Khatniar's story. In 1985, he used to sell vegetables in the local market, act as a go-between in cattle deals and do whatever odd job came his way. Thirteen years later, Khatniar, by his own admission makes about Rs 1 million a year from selling green tea leaf.

216.32.165.70



To: Mohan Marette who wrote (10031)12/14/1999 9:52:00 PM
From: Sultan  Respond to of 12475
 
They should just list on nasdaq or NYSE.. Canadian analysts and investors for that matter are quite conservative with most tech valuation... When a stock is interlisted, most of the time, the volume and price appreciation comes from american side.. TSE price ends up being US price * exchange rate.

They were planning to list at one point so may be they will one of these days..