For a Slice Of Foreign Pie

A seamlessly synchronised system that expanded far beyond the frontiers of technology and developed into a lifestyle as a mark of elegance and efficiency is referred to as Apple. Everybody wants to be a part of this mammoth $612-billion brand with a topline of $274.52 billion. So was Rajesh Jha of Delhi. Applemania took him to stand in queue for hours to be one of the first to grab the latest device unleashed by the IT giant. His personal Apple ecosystem gave him a sense of pride and glory. But there was a hunger somewhere deep down. It was not enough. He wanted to own a slice of the brand that he loved so much. The avid stock market investor decided to buy some shares of Apple Inc to be a part-owner of the conglomerate. A few months ago, his wish came true when Indian companies started offering services that allowed investment in foreign stock markets, primarily in the US. The service...