“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:
Swiss bankers stay home amid US global tax evasion manhunt
Medical Marijuana for Kids Could Pit Parents Against Pediatricians
IRS Still Stealing Cash From Immigrant Business Owners
A radical dream for making techno utopias a reality
Negative Yields on Eurozone Sovereign Bonds Becoming New Normal
China defies IMF on mounting credit risk and need for urgent reform
Britain considers ban on bearer shares for G8 transparency [2013]
Dodd-Frank Creates A Prebuilt Loan Predicament
Hungary receives 422,000 applications under new citizenship-by-descent program
Argentina restricts online shopping as foreign reserves drop
Greece axes vacation bonus for civil workers using computers
10 things Social Security won’t tell you: The truth about the agency’s bottom line
Bank of England deputy governor Paul Tucker warned banks they could collapse 'before Christmas'
European Car Sales Jump As ECB Stimulus Takes Effect
Google accelerates launch of new music service that downgrades unlicensed music