Archive for June, 2006

June 20, 2006

Alesund, Norway

I am in Alesund, Norway for business. This is my first trip to Norway and I have been blown away by the serinity of this place. I am blogging from the hotel room and if you plan to visit Alesund make sure you book the hotels well in advance as they are always over booked. I was luck to have the same room for two nights. It is a beautiful Archipelago with tall mountains and scenic ocean fronts. I realized there is so much to do here in Norway, it is a shame that I am on a busines trip. I think I will plan a trip to Norway with Agusta and Mira to drive through all the islands and see the small towns.

I was glad to have one of my collegue also here with me who is also preparing to run the Reykjavik marathon so we have been running the last two evenings. It has been great, I have learnt quite a bit about the Factoring business and all the tourist things that we can do in Norway. So far my experience in Norway has been very positive…

June 13, 2006

Went and saw Roger Waters in Concert last night

I never thought I would live to see it, but I went and saw Roger Waters in Concert… playing Dark Side of the Moon. It was an amazing experience and now I can strike out one of the items in the To-Do list.

The concert hall was packed with about 15000 people (around 5% of Iceland´s population). It took us about 1 1/2 hours to get home as there were about 5000 cars trying to get out through single lane roads!!

June 13, 2006

Ran 21 km in 2 hours 13 min

Over the weekend I ran 21 km in 2 hours and 13 minutes. It was tiring but I finished and my legs are still sore. I plan to run again tomorrow for about 5 miles.

June 7, 2006

India Trip and Rapid Growth Observed

Just came back from India after attending my brother´s wedding. I was in India in November 2005, I was really impressed to see the development that has happened in the last 6 months. The real estate prices have shot out of the roof mainly in commerical/IT park development projects. The GDP grew at 8.4% in the first quarter of 2006, impressive rate given that Indian economy has been growing at that pace for the last couple of years.

Things worth noting are the establishment of the Intellectual Capital Office to enable patent filing by the Indian Federal Goverment is being applauded by the Global community, much different than what is being seen in China… where property rights exists only for those within the communist government. I was listening to a broadcast today by the BBC about the non-existance of property rights for farmers in China where the government took over a farm land against the wish of the farmer and the land was auctioned. The farmer is pretty sure that he would loose the case in the court of law as he is suing the government. Given the above background I find it strange that China is viewed as the darling of the investment community and not India… only time will tell which model is more successful


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