051410B

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Indo American News • Friday, May 14 , 2010

online edition: www.indoamerican-news.com

www.indoamerican-news.com

Friday, May 14 , 2010

Business IndoAmerican News

STOCKS • FINANCE • SOUTH ASIAN MARKETS • TECHNOLOGY

Tile Center USA

Home Improvement Done Your Way By Jacob David

There are lots of reasons why you can support local businesses rather than the large, faceless, corporate home improvement stores. It helps the economic balance, for one. Sanjay Hemrajani, owner, Tile Center USA, has diversified from just tiles to selling several materials needed for remodeling your home. Tile center USA offers competitive rates starting at $14.99/sq.ft on granite, commercial and residential carpeting, kitchen counter tops and custom sinks, mosaic, outside turf, pebble strips for building exteriors, natural and engineered hardwood floors, porcelain tiles, vinyl floors, and the latest, special high polished reflective glass tiles that make attractive back plashes for your kitchen. Hemrajani started Tile Center USA in the year 2000, learning all he could from a friend about the stone business. In ten years, he has three locations. Two are being renovated into 16,000+ sq.ft showrooms, which will be ready by 2011. The third location is on US59 and Bissonnett. His stores supply home improvement materials to resi-

dential clients and a few well established contractors. Sanjay is from Delhi where he has a large garment accessories business at the Sadar bazaar, which is a wholesale market. His company oversees the distributorship of garments for other textile companies in India. Coming to USA, he kept leaving for India to support his business there. When he saw that the home improvement business had a

serious market here, he started learning all he could about it. “Today, God has blessed me with three locations, you can succeed in this market only if you have multiple locations and command large volume purchasing.” However, he has no immediate plans to diver-

world markets

Wednesday, may 12, 2010 dow jones

10896.91 • 148.65 • 1.38%

nasdaq

2,425.02 • 49.71 • 2.09%

bombay

17,195.81 • 54.28 • +0.03%

colombo asi

4,229.40 • 14.18 • 0.34%

dhaka GI

4778.75 • 71.74 • 1.52%

Karachi 100

10222.04 • 13.22 • 0.13%

nepal NEPSE

449.08 • 17.52 • 4.06%

continued on page

Gold $1,241.25

Ind. rupee

Silver $19.59

Pak. rupee

per oz.

per oz.

Platinum

$1702.00 per oz.

30

44.97

84.21

69.45

taka

113.72

S.L rupee

Brent $80.92 Spot +1.10% Spot Bid Prices Bloomberg.com

71.98

Nepal rupee

INDO AMERICAN NEWS • FRIDAY, MAY 14 , 2010 • ONLINE EDITION: WWW.INDOAMERICAN-NEWS.COM

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