The answer is Yes. Close on the heels of the RBI upping the annual limit for overseas remittances for individual investors to $200,000, ICICI Bank’s online trading arm, icicidirect.com, has opened the gates for Indians to invest in stocks of premier US companies that are listed on the NYSE, American Stock Exchange, and the NASDAQ.
Well, a three hour power lunch with the Oracle of Omaha, Warren Buffett, for starters…
After four earlier unsuccessful attempts, Mohnish Pabrai, a California based Indian investor and hedge fund manager and his bidding partner, Guy Spier of Aquamarine Capital Management LLC finally managed to come up with the winning bid of $650,100 (Rs. 2.6 crore) in the annual charity auction on eBay.
I’ve been using a Nokia N70 for the last 3 months now, and have tinkered around with it a good deal. It is a pretty neat phone and I’m enjoying my experience so far. It replaced the much smaller and lighter Nokia 6100, which I’d used for almost three years.
The Nokia N70 smartphone is based on the Symbian Operating System and is reasonably compact, though it was quite a change for me after the 6100. It comes with a 2 megapixel camera (1600 X 1200 pixels) with integrated flash and a second camera (VGA) which can be used for video conferencing. It also supports Java and Bluetooth, plays FM Radio (with earphones attached) and has a decent MP3 player, though the sound from the speakers is not all that great. Battery life is reasonably good.