“T.S. Kalyanaraman opened a shop in the southern Indian state of Kerala in 1993 and taught customers how to test the purity of their gold to expose cheating craftsmen. He was also the first jeweler in town to attach price tags to his gold and gem collection, angering competitors who accused him of ruining the trade. Two decades later, the 65-year-old has become a billionaire as a 12-year rally in gold prices fails to damp demand in India, the world’s largest consumer of the precious metal. He owns 44 stores in India and plans to open 36 more by March 2014, including five in the Middle East.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
U.S. widens surveillance to include individuals with no foreign connection
Bank of England's Tucker Says He’s Open to QE as BOE Stresses Flexibility
Senators Vote To Block Marijuana Banking Amendment
ACLU seeks to rein in NSA mass surveillance
Police gun down 83-year-old woman in her backyard responding to 911 call she dialed
Jim Rogers on Fox Business News - 18 January 2013
The student loan bubble is starting to burst
Korean carriers to launch 300Mbps LTE-Advanced network this year
Swiss probe launched against former central bank chair
New Hampshire city suing ‘Robin Hood’ for paying parking meters of strangers
NHS pulls the plug on its £11bn IT system [2011]
38,000 Australians take ANZ bank to Federal Court over banking fees
The disappearing allure of the safe deposit box [2014]
Congress poised to jam through reauthorization of mass surveillance
Deep Divides Threaten Egypt's Path Forward