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[25 Nov 2011 | No Comment | ]

The Hinduja group headed by leading NRI entrepreneur S P Hinduja will donate 250,000 pounds to fund the education of 500 children of widows in India for the next five years.
This was announced by Lord Raj Loomba, founder chairman of the Loomba Foundation at the ‘Educate a Widow’s Child in India’ Annual Charity Dinner held here.
“We are very much indebted to the Hinduja group for their decision to educate 500 children of widows for the next five years,” Loomba, also a NRI industrialist said.
SP Hinduja and GP Hinduja, chairman and …

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[17 Oct 2011 | No Comment | ]

The secret of Mary’s success, is in maintaining her body weight at 47 kgs. This petite puligist, who is also a mother of two, is a recipient of the Rajiv Gandhi Khel Ratna Award. In a heart-to-heart conversation with us, Mary Kom revealed some of her fitness secrets and what keeps this mother of two going.
Here are the excerpts from the interview.
On health:
I would define health as soundness, well being and good condition of the physique. Health is very important for me because it holds my strength, fitness and my …

Business News & Advice »

[8 Oct 2011 | No Comment | ]

Toyota Motor Corp said Friday it will begin exporting vehicles that it makes in India to South Africa, the first time the Japanese automaker is selling its made-in-India cars elsewhere.
Toyota said that the Indian-made Etios sedan will be exported to South Africa from March. It said the models for South Africa will be designed especially for that market.
Toyota has been hit hard by the global economic slowdown and the supplier disruptions caused by the March 11 tsunami and earthquake.
Japan’s top automaker is counting on newer markets such as India to …

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[31 Jul 2011 | No Comment | ]

DEMONSTRATORS in India’s capital were due to hold the country’s first ‘Slut Walk’ on Sunday to protest at an alarming rise in sexual assault cases and the growing sense of insecurity among women.
Hundreds were expected to attend the rally in New Delhi organised by 19-year-old journalism student Umang Sabarwal, who says it is time for Indian women to speak out.
‘Slut Walks’, which have become a global phenomenon to protest against sexual violence, see women march dressed in skimpy clothing to challenge the mindset that victims of sexual assault should be …

Business News & Advice »

[25 Jul 2011 | No Comment | ]

TWO decades ago, India’s Prime Minister Manmohan Singh unleashed radical free-market reforms that were a watershed moment in the transformation and rise of the South Asian giant.
‘We shall make the future happen,’ declared Mr Singh, who was then finance minister, in presenting his landmark budget on July 24, 1991, that opened up India’s markets and cut through the country’s infamous red tape.
India had just two weeks of foreign exchange reserves to pay for food and fuel imports and had just flown 47 tonnes of gold to London to be stored …

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[8 Jul 2011 | No Comment | ]

A TREASURE trove of gold and silver jewellery, coins and precious stones said to be worth billions of dollars has been found in a Hindu temple in southern India.
The valuables have an estimated preliminary worth of over 500 billion rupees ($10.49 billion), Kerala Chief Secretary K. Jayakumar said, catapulting the temple into the league of India’s richest temples.
The thousands of necklaces, coins and precious stones have been kept in at least five underground vaults at the Sree Padmanabhaswamy Temple which is renowned for its intricate sculptures.
“We are yet to open …

Money Matters »

[28 Jun 2011 | No Comment | ]

US TREASURY Secretary Timothy Geithner is urging India to push ahead with its reform agenda to realise the ‘enormous potential’ in economic ties between the countries.
Mr Geithner said on Monday the US was looking particularly for improvements in the finance sector to provide more liquid markets for corporate debt financing and for India to allow greater access to that sector for American companies.
He was speaking alongside Indian Finance Minister Pranab Mukherjee at a conference in Washington hosted by the Confederation of Indian Industry ahead of high-level economic talks.
Mr Mukherjee said …

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[26 May 2011 | No Comment | ]

MORE women than ever are holding powerful political roles in India after two female regional leaders scored massive victories in state assembly elections.
Their wins doubled the number of female state chief ministers and meant that women now rule a third of the 1.2 billion population in India, where girls are often still seen as a liability and female foeticide has skewed gender ratios.
The country, which already had a sprinkling of women in key positions including leader of the ruling party, is seeing an unprecedented ‘burst of feminine power’, said veteran …

Money Matters »

[20 May 2011 | No Comment | ]

THE World Bank on Wednesday criticised the Indian government’s anti-poverty schemes, saying they did not offer value for money and were sometimes undermined by corruption.
The bank said India was not getting ‘bang for the rupee’ due to ‘leakages’ in the funding of national projects such as the Public Distribution System (PDS) which doles out state-subsidised food and fuel to the poor.
‘While India devotes over two per cent of gross domestic product to her social programmes… the poor are not able to reap the full benefits of such large investments,’ the …

Business News & Advice »

[8 May 2011 | No Comment | ]

Six Indian-Americans figure in The Midas 100, Forbes’ list of venture capitalists who bucked the trends of shrinking firms and declining returns to “create wealth and fund the new ideas that keep US economy vibrant.”
Topping the US business magazine’s list of 2011 Top Tech Investors is Jim Breyer , whose Accel Partners’ early $12.7 million bet on Facebook now worth $5 billion with a 10 percent stake makes Accel Facebook’s second largest shareholder after Mark Zuckerberg .
Among the Indian Americans, San Francisco based Aneel Bhusri “the enterprise software guru”, who …