HDFC Bank Ltd. (HDB)

BUSINESS SUMMARY
HDFC Bank Limited, a private sector bank, provides financial services to corporations, and middle and upper-income individuals in India. It operates in three divisions: Retail Banking, Wholesale Banking, and Treasury Operations. The Retail Banking division provides various deposit products, loans, credit cards, debit cards, third party mutual funds and insurance, investment advisory services, and depositary services. The Wholesale Banking division offers loans, deposit products, documentary credits, guarantees, bullion trading, foreign exchange, and derivative products, as well as cash management services, clearing and settlement services for stock exchanges, tax and other collections for the government, custody services for mutual funds, and correspondent banking services. The Treasury Operations division manages debt securities, money market operations, foreign exchange, and derivative products. In addition, it provides telephone, Internet, and mobile banking services. As of December 22, 2006, the bank operated 569 branches. The company was incorporated in 1994 and is headquartered in Mumbai, India.

HDFC Bank's mission is to be a World-Class Indian Bank. The objective is to build sound customer franchises across distinct businesses so as to be the preferred provider of banking services for target retail and wholesale customer segments, and to achieve healthy growth in profitability, consistent with the bank's risk appetite. The bank is committed to maintain the highest level of ethical standards, professional integrity, corporate governance and regulatory compliance. HDFC Bank's business philosophy is based on four core values - Operational Excellence, Customer Focus, Product Leadership and People.

Mr. Jagdish Capoor took over as the bank's Chairman in July 2001. Prior to this, Mr. Capoor was a Deputy Governor of the Reserve Bank of India.

The Managing Director, Mr. Aditya Puri, has been a professional banker for over 25 years, and before joining HDFC Bank in 1994 was heading Citibank's operations in Malaysia.

The Bank's Board of Directors is composed of eminent individuals with a wealth of experience in public policy, administration, industry and commercial banking. Senior executives representing HDFC are also on the Board.

Senior banking professionals with substantial experience in India and abroad head various businesses and functions and report to the Managing Director. Given the professional expertise of the management team and the overall focus on recruiting and retaining the best talent in the industry, the bank believes that its people are a significant competitive strength.

Apple, Inc. (AAPL)

The Big Picture ( Extracted from ChangeWave )

So, what's the next thing for Apple? I bet you're going to see Apple-branded 50-inch and 60-inch LCDs with the Apple TV box already built in, with all-wireless connections. And then, guess what? When you have that in your house, what's the next PC you're gonna buy? A Microsoft product or a Mac?

There's no contest. There are about 12 million Windows Media Centers out there. But, you have to run those through an Xbox with a bunch of stupid wires -- not cool. I guarantee that no one wants to have the TV up there on the wall with wires going in and out of the thing. You want it done wirelessly. You want it done with the ultra-wideband speed. And Apple has really got the strategy now -- because this kills everything, boys and girls.

I think every 500,000 Apple TV units sold will add 3 cents to 4 cents per share in AAPL earnings. And that's just on the box. Don't forget about the additional iTunes music sales, the movie sales and the TV show sales.

Here's the bottom line: The Apple TV box becomes one central repository for all your media needs. All that digital stuff -- you can forget about it. Of course, you're also going to store your pictures on it. Take pictures with your iPhone, come home, and put them right into your Apple TV box. Starting to get the "picture?"

Apple TV is pure genius. Steve Jobs has done it again. And, you're gonna see Apple stock skyrocketing when the sales numbers come out. Based on our proprietary research people are significantly underestimating just how high this stock is going to go.

Asia New Middle Class

Asia will be the engine of global economic growth , a large population, a high saving rate, and increasing bias toward consumption, and the fact that the world needs a new growth engine for the 21st century. These elements ported a rise of the Asian consumer that will transform the global economy.

As nations develop and consumers become wealthier, food consumption patterns change. Not only do consumer eat more food, they tend to eat more meat and greater quantities of packages and processed foods. Income is not the only determinant in these shifts - local tastes, religious practices, and regional supplies certainly have an effect .

INVEST IN THESE TREND - LOOK FOR STOCKS IN US , INDIA, CHINA AND OTHERS ASIA COUNTRIES WILL GROWTH IN THIS MEGA TREND !