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

Tuesday, December 4, 2007

Bali: Island of gods has red carpet out for Indians

Rabindranath Tagore in his famous poem 'Sagarika', about ancient India's maritime glory, wrote thus during a visit to Bali around 80 years ago:
'You were sitting on a rocky shore when I first came here as a foreigner. You welcomed me. We picked flowers together. You were at home when I came again as a merchant prince. You welcomed me again. We worshipped the gods together. Then my fortunes declined. Today I have come to you only with my veena. I can see a lot of myself in you. Can you recognise me?'

Today, the Balinese have a ready answer, as is evident from the fact that Indians are recognised and greeted here.

Wherever an Indian goes in this island of the gods, the first question is: 'Are you a Hindu? I am.' From taxi drivers to tour guides to policemen, the question in this crowded little island of 2.5 million people does not vary.

http://in.news.yahoo.com/071205/43/6o22h.html

Tata, Mittal, Nooyi in Fortune business power list

Tata, Mittal, Nooyi in Fortune business power list
Press Trust Of India

Posted online: Wednesday, November 28, 2007

NEW YORK, NOV 27: India’s top corporate leader Ratan Tata has been named by global business magazine Fortune as one of the 25 most powerful business heads, along with steel tycoon L N Mittal and PepsiCo’s Indra Nooyi.


http://www.indianexpress.com/story/244239.html

Monday, December 3, 2007

A cocky India enjoys global economic limelight

A cocky India enjoys global economic limelight
By Reuters, Monday December 3, 02:15 PM
By Alistair Scrutton

While the United States is immersed in a credit crisis and Europe worries about immigration or outsourced jobs, India has the world's most upbeat consumers, according to a global consumer sentiment index by the Nielsen Company this year.

http://in.news.yahoo.com/071203/137/6nzag.html

Singapore emerging as India Inc’s gateway to the world

Singapore emerging as India Inc’s gateway to the world
SUMANT BANERJI
Posted online: Monday, December 03, 2007 at 0000 hrs

NEW DELHI, DECEMBER 2: With more than 2,700 Indian firms operating in the country, Singapore has emerged as the favourite destination for domestic corporates looking to internationalise.

“The number has more than doubled in just five years from 1,100 in 2001 to more than 2,800 companies as of Q3 2007,

Full article: http://www.indianexpress.com/story/246015.html

Thursday, November 29, 2007

India's confident GenX will raise the bar further

Right Management, Stuart Walkley talks about some of the global trends in HR and what differentiates Indians as people resource.

India's confident GenX will raise the bar further
24 Jul, 2007, 0356 hrs IST,Shreya Biswas, TNN

How do we measure the quantum of success for Indians on the global scene? Is this the peak we are seeing?
This is just the beginning, you will see more such success stories being flashed in the media in the years to come. The problem is, Indians by nature are shy. They do not make as great public speakers as their western counterparts do, barring a few. They may be doing some pathbreaking work, they don’t talk about it in public. At the most, their immediate colleagues may know and appreciate, but it’s limited to that. Actually, it is to do with the way they are brought up. This could change in the coming years as we get some aggressive youngsters on the block, in the post-reform era. These are more confident and less shy individuals who have only seen and take pride in a booming Indian economy.

Rest click on the link

http://economictimes.indiatimes.com/News/News_By_Industry/Indias_confident_GenX_will_raise_the_bar_further/articleshow/2228761.cms

India: The Fourth Great Power?

India: The Fourth Great Power?
by Dilip Mohite

In September 1954, Prime Minister Jawaharlal Nehru told the Indian Parliament that “if you peep in the history, and nothing goes wrong, like wars and so on, then the fourth country (after US, USSR, and China) is India.” Arguably, Nehru’s statement was made in the context of his plans to attain rapid economic growth as well as industrial development for India through the soon-to-begin Five-Year Plans.

As India enters the 1990s, it appears poised to achieve the status that Nehru envisaged for it, not so much in the spirit he had visualized, but as a result of circumstances created by a series of events in the 1970s and the 1980s.
Post-independence Indian history can be divided into three major phases: the 1951 to 1962 phase of post-colonial economic reconstruction, the 1963 to 1975 phase of military buildup, and the 1976 to 1992 phase of economic growth through the gradual liberalization of the economy.

Rest is here
http://www.acdis.uiuc.edu/Research/S&Ps/1993-Sp/S&P_VII-3/great_power.html