Sunday, December 9, 2007

US market better money-spinner for Indians

US market better money-spinner for Indians
Press Trust of India / Mumbai December 09, 2007

The Indian stock market may be growing at a faster pace than its American counterpart, but the US market has turned out to be better in valuation as well as returns for companies listed in both the countries.

According to an analysis of their share price movements in the two markets, their cumulative market capitalisation grew by $6.5 billion in US last week, against just $5.3 billion here.

Full Report
http://www.business-standard.com/common/storypage_c_online.php?leftnm=11&bKeyFlag=IN&autono=31042

Indians largest ethnic group in London at 197,000

Indians largest ethnic group in London
Press Trust of India / London December 9, 2007

Indians are the largest ethnic minority group living in Greater London, according to the official figures.Of the total population of 74.04 lakh in Greater London in 2007, the British population accounted for 49.56 lakh followed by Indians 1.97 lakh and Bangladeshis 1.15 lakh.

Full article
http://www.business-standard.com/common/storypage_c_online.php?leftnm=11&bKeyFlag=IN&autono=31041

US NRIs: The dharma of diversity

A humorous but true account of the dizzying diversity of Indian diaspora in the US.

The dharma of diversity
9 Dec 2007, 0142 hrs IST,Chidanand Rajghatta

The United States and India both brag about their diversity — their respective diverse, multi-ethnic, multi-lingual societies. But what happens when you put 2.6 million Indians in the US? They bring their full range of plurality with them to a country that, much like India, allows full expression. No Indian state or group or caste is too small or too big to form a representative association in America. So, we have everything here from NAMA (North American Manipuri Association) to BANA (Bhojpuri Association of North America), from the Bruhan Maharashtra Mandali to the Bangla Samaj. Oh, how they multiply and divide.

http://timesofindia.indiatimes.com/C_Rajghatta_The_dharma_of_diversity/articleshow/2607685.cms

Saturday, December 8, 2007

Naming a baby is serious business in India

Naming a baby is serious business in India
By Rituparna Bhowmik Wed Dec 5, 9:47 AM ET

NEW DELHI (Reuters) - Hate your name? In India, chances are your parents, neighbors, well-meaning relatives, religious tradition, and even the Internet, are all to blame.

Indians love naming babies, be it their own or someone else's, with the hunt starting soon after a child is conceived.
The objective, parents say, is a "refined" name that would reflect both the physical and mental abilities of the newborn and, most importantly in today's globalize world, can be pronounced by people of all cultures.
"Mrignayani (doe-eyed) if it's a girl and Hriday (heart) if it's a boy," said grandmother Priyamvada after an hour of searching through a yellowed volume of "Bengali Baby Names Over the Years," which is a family heirloom.

http://news.yahoo.com/s/nm/india_names_net_dc;_ylt=Aus.yCRSM58MztrwxFFXpRus0NUE

Wednesday, December 5, 2007

World must emulate India's spirit of non-violence: Dalai Lama

World must emulate India's spirit of non-violence: Dalai Lama
By ANI, Wednesday December 5, 12:54 PM

New Delhi, Dec 5 (ANI): Tibetan spiritual leader Dalai Lama has said the world must emulate India's tradition of non-violence and peace.
This tradition should be a model for the entire planet. They must show it to others," he said.
The Ahimsa Paryawaran Sadhna Mandir, is the first temple of its kind, which imbibes an underlying spirit of brotherhood common to all religions and faiths. India from the time of Gautam Buddha, the founder of Buddhist religion, to Mahatma Gandhi, who earned India its freedom
through his campaign of non-violence, is a country rooted in 'Ahimsa', the Dalai Lama said.

Full report
http://in.news.yahoo.com/071205/139/6o2dx.html

India looks abroad, world looks to India

India looks abroad, world looks to India
By Reuters, Wednesday December 5, 10:50 AM

MUMBAI (Reuters) - India is opening up to the world, and the world wants to come to India.

The potential of a rapidly growing country with a population of 1.1 billion is obvious, and leading executives and bankers will talk to Reuters about the surge in investment flows at the India Investment Summit on Dec. 5 to 7 in Mumbai and Bangalore.
Among the headline grabbing deals this year, India's Tata Steel bought Anglo-Dutch steelmaker Corus Group in a $13 billion deal, and Britain's Vodafone paid $11 billion for a controlling stake of Hutchison Essar, the No. 4 carrier in the world's fast-growing mobile phone market.

More deal prospects are in the pipeline.......

http://in.news.yahoo.com/071205/137/6o25d.html

When groundnuts hold sway over India's Silicon Valley

When groundnuts hold sway over India's Silicon Valley

Bangalore, Dec 5 (IANS) On two days every year, India's IT hub literally goes nuts over groundnuts. Thousands buy peanuts by the kilo as offering to Basava or Nandi, the great bull of Hindu god Shiva.

The two-day Kadalaekai Parishe or groundnut fair begins every year on the last Monday of the Hindu calendar month of Karthika, considered auspicious.

The fair is held in front of the Dodda Basavana Gudi (Big Bull Temple) in south Bangalore, about six km from the city centre. This year's fair, that concluded Tuesday, had around 500 farmers selling groundnuts, costing between Rs.10 and Rs.15 a kg.
Police estimated that around 150,000 people visited the fair over the two days. On Monday morning, hundreds of them also offered prayers at the temple.

Full Report
in.news.yahoo.com/071205/43/6o2ms.html