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Country's
Largest Travel Fair Begins in Kolkata
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India's
largest travel mart --Travel and Tourism
Fair (TTF) on Saturday inaugurated here
with over 200 participants from 21 states
and six countries participating in it. The
49th edition of the three-day annual fair
at the Netaji Indoor Stadium here is expected
to attract 2000 travel trade visitors and
over 30,000 general visitors. With economic
and industrial growth West Bengal is also
progressing rapidly in the tourism sector,
attracting tourists from other states as
also from foreign countries, Tourism Minister
Manab Mukherjee said at the Inaugural function
of the fair. West Bengal, he said, has the
unique advantage of offering an array of
destinations from the Himalayas to the beaches
on the Bay of Bengal as also the Sunderbans,
which is famous for the Royal Bengal tigers.
With the Bengalis being known for their
wanderlust, the TTF here is seen as an important
event for national and state tourism organisations,
travel agencies and airlines, said G Ibrahim
form organisers Fairfest Media Limited.
The event, which is supported by the Ministry
of Tourism, and the host West Bengal government,
is being attended by Indonesia, Thailand,
UAE and Bangladesh among the foreign countries.
Sikkim Tourism Minister R B Subba presented
a coffee table book on tourism in Sikkim
to Mukherjee on the occasion, which was
attended by senior tourism officials from
several states of the country as also from
Nepal.
Courtesy:
The Economic Times, July 30, 2006
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Local
Celebs, Global Connect
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What's
Saif Ali Khan doing on Mexican television?
And why is Shah Rukh Khan wooing super-rich
Canadians? Or for that matter, why is Sania
Mirza featuring in North American and European
tennis channels and what are Rahul Dravid
posters doing in a non-cricketing nation
like the US? This is about desi celebs and
their brand muscle. Outside the country,
Indian celebrities are finally coming of
age in the world of international advertising.
There is an emerging trend where multinational
brands which have signed Indian brand ambassadors
are now using them for international campaigns.
Interestingly, in some cases these brands
are not targeting the NRI market alone.
Sometimes the commonalties between India
and other international markets drive the
celeb choice. Take Lenovo. The company signed
on Saif Ali Khan recently as its brand ambassador
and is using him in Mexico as well as Latin
America, apart from North America. Miss
India aspirants who went on to win global
pageants have been used for international
campaigns in the past, but now, a whole
host of other Indian celebs are also being
tapped. And it's not just Bollywood all
the way. MNCS are using Indian brand ambassadors
for their brands in global campaigns. Take
the case of Rahul Dravid, the latest brand
ambassador for Japanese watch maker Citizen.
He has signed a global endorsement contract
with the brand which will see him promote
Citizen products not just in India but also
in the US. The trend of using Indian celebs
abroad is also linked to the product category
to which the brand belongs. It is more common
for luxury products like watches. So, Bollywood
star Shah Rukh Khan is a global brand ambassador
for Tag Heuer. "Shah Rukh Khan is a bigger
star outside India than he is in India.
Even in a country like China, where language
is a great barrier, Shah Rukh Khan is known
and recognised. His movie Asoka was a big
hit here," says Manishi Sanwal, brand manager
for Tag Heuer operations in India and China.
Ditto for Longines, which has Aishwarya
Rai as one of its global brand ambassadors.
Omega, which recently signed on Abhishek
Bachchan as its brand ambassador for India,
also has rights to use him for promotions
abroad.
Courtesy:
The Economic Times, July 30, 2006
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India
Tourism to Unlock Tribal Art, Tea Tours
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India
tourism has launched a campaign to attract
British tourists to the North East region,
describing it as a 'paradise unexplored'.
While India attracted a sizeable number
of foreign tourists, efforts were being
made to 'show-case' scenic spots in the
North East which had hitherto remained unexplored
owing to several factors, including inadequate
flights, Vivek Angra, director of India
Tourism in the UK told a gathering of tour
operators here last night. Manoj Jalan of
Purvi Discoveries demonstrated with the
help of slides the different packages available
for foreign tourists. The packages include
a heritage tea tour around the tea estates
of Assam, visit to exotic tribal art and
culture, treks and botanical tours in the
eastern Himalaya and wildlife and nature
tours. Another package speaks about "a pilgrimage
through the pages of history". It includes
visits to Dibrugarh, the gateway to the
'hidden land' of eastern Arunachal Pradesh
and to Dibru-Saikhowa National Park housing
Royal Bengal Tiger, leopard, jungle cat
and Malayan giant squirrel. Jalan said "the
Mancotta Chang Bungalow located about 20
km from Dubrugarh town is the highpoint
of visit to Dibrugarh. This 140 years heritage
Chang bungalow built by pioneering Scottish
tea planters offers a unique experience
of the traditional plantation life." "Intermingled
with local culture, folk dance and music,
the Mancotta experience is indeed a life
time experience," Jalan said. He said another
star attraction was the Kaziranga National
Park - a world heritage site and the oldest
park in Assam. It has 65 per cent of the
total world's population of the great Indian
one-horned rhinoceros and over 50 per cent
of the world's population of wild buffaloes
and swamp deer respectively along with Asiatic
wild elephants, hog deer, jungle cats, tigers
and leopards. Rajat Bagchi, Minister, coordination,
in the Indian High Commission said "North
Eastern part of India is one of the most
scenic places in the country." he suggested
that states like Nagaland, Mizoram and Assam
had much to offer to foreign tourists by
way of their art, culture and scenic beauty.
"North East is the treasure house of India,"
he said.
Courtesy:
www.financialexpress.com, July 27, 2006
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'Visual
Radio' Launched in India
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Mobile
radio listeners in India have a new channel
for entertainment through visual radio.
Four companies have announced its roll-out
- Hutch, Radio Mirchi, Nokia and HP. Initially
the service will be available in Delhi.
Other metros will follow. Visual radio allows
listeners to tune in to local FM radio on
their Nokia devices even while receiving
interactive information and graphics, synchronised
with the radio broadcast through the cellular
network onto the handset screen. Listeners
can access content, participate in radio
station promotions, participate in polls
and contests, and interact with radio jockeys
and special guests. Visual radio handsets
are now available in the country with applications,
and Hutch is the first mobile service provider
to offer this, a spokesperson for the company
said here. Nokia's visual radio handsets
are available in a price range of Rs. 6,000
to Rs. 25,000. In the case of post-paid
connections, there will be no rental for
GPRS connections. Only usage charges, including
downloading charges, will apply.
Courtesy:
The Hindu, July 26, 2006
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Hindustan
Zinc Gets eco Award
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The
Federation of Indian Mineral Industries
conferred Hindustan Zinc Ltd (HZL), integrated
producer of zinc and lead, with the Gem
and Granite Award for 2005-06 on Saturday.
"Hindustan Zinc Ltd is committed to conserving
and augmenting the natural resources in
and around its areas of operations across
India," said Mr M. S. Mehta, CEO and Director,
HZL, in a release here. The environment
awards are conferred to the mines adjudged
best for their efforts to promote integration
of environmental concerns in their mining
plans. HZL has taken up various continuing
social welfare measures for the local community
such as free fodder camps, supply of drinking
water through pipelines and tanker, medical
camps and formation of self-help groups.
Courtesy:
www.thehindubusinessline.com, July 23, 2006
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Tyeb
Mehta Outshines Big B at Osian's Auction
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Superstar
Amitabh Bachchan may be ruling Bollywood
but when it comes to auctions, there's no
beating octogenarian artist Tyeb Mehta.
Mehta's 1968 painting 'Falling Figure' attracted
a winning bid of Rs 3.45 crore at the Osian's
auction here last night, easily the highest
price quoted for any of the lots on sale.
In contrast, posters of Bachchan's early
films 'Bombay to Goa' and 'Abhimaan' found
no takers, with connoisseurs unwilling to
match pre-sale estimates of up to Rs 25,000
for the two items. The Mumbai-based painter
and other modern Indian artists like M F
Hussain, V S Gaitonde and Amrita Sher-Gil
were the only ones to cross the Rs one crore
mark in bids. An untitled painting by Gaitonde
sold for Rs 2.76 crore, a Hussain oil-on-canvas
went for Rs 1.5 crore while a Sher-Gil creation
was snapped up for Rs 1.38 crore. The 1960
classic 'Mughal-E-Azam' fared better, notching
up almost Rs 15 lakh for a set of photographic
stills and posters from the movie. Osian's
Founder-Chairman Neville Tuli wasn't too
disappointed by the results. In fact, he
was happy to note the presence of filmmaker
Ketan Mehta and his actress-wife Deepa Sahi
at the auction.
Courtesy:
The Economic Times, July 22, 2006
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Krrish
Challenges Superman
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Bollywood's
first superhero Krrish has made it to two
major American publications in one great
leap across the seas to pose a challenge
to America's own favourite Superman. "Superman
may have returned, but if he doesn't perform
up to snuff his job could soon be outsourced
to India," said Newsweek, but the Los Angeles
Times was more direct: "Move over Superman,
make room for Krrish." The film that became
a cultural phenomenon in India long before
its worldwide June 23 release, has done
well in Indian communities in the US too,
the Times noted. In its first three days
in North America, Krrish brought in $643,000
in 59 locations or just less than $11,000
per theatre. Worldwide, the box office haul
was reported to be a record $15m in its
first week, almost double the $8m raked
in by the previous Indian record holder
Fanaa. Krrish has turned out to have crossover
appeal and has drawn a culturally diverse
crowd, the daily said citing Dylan Marchetti,
head of operations for the ImaginAsian theater
in New York, part of the ImaginAsian Entertainment,
which brings pan-Asian programming to the
United States. "It's played to crowds that
were 50 percent non-Asian," he said. Indian
epics like the Ramayana are brimming with
outsize figures, but up to now Indians have
seen very few homegrown celluloid superheroes,
said Newsweek in its piece on the movie
that drew the biggest advance opening in
the history of Hindi cinema. Its $10m budget
is one of the biggest ever for a Hindi film,
but still paltry compared with the $200m
reportedly spent on Superman Returns, it
noted and asked: "Is this the beginning
of a new genre for Hindi films?" "It lays
the foundation of the superhero concept
in Bollywood," Newsweek quoted the film's
star and director Rakesh Roshan's son Hrithik
Roshan as saying. As Asian consumers flex
their financial muscles, they will demand
Hollywood-type products that are more in
line with their own cultural identities,
the news magazine cited renowned director
Shekhar Kapur as arguing.
Courtesy:
The Economic Times, July 21, 2006
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Small
Frames Make it Big in Art Scene
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Small
can sometimes be big. With the overall boom
in the art market, small format drawings
are carving out a niche in the art scene.
And the demand for them is pushing up their
prices, too. This segment has been growing
mainly in the past two years. "Earlier,
small drawings used to be picked up in lots.
They were just random jottings or doodles
and were not considered significant works.
However, they established an artist's control
and power over lines and, in that sense,
they were certainly a part of his or her
repertoire. Collectors realised their importance,
but these small-sized drawings did not enjoy
a price monetarily," an art market source
told ET. "At best, these creations were
collected as add-ons with larger works."
According to the source, with prices of
artworks zooming, small format drawings,
which are generally classified within a
size between a postcard and a sq ft sheet
of paper, have begun to gain on the price
front. Together with major works, collectors
are also focusing on stocking this genre
of drawings in their collections. Artists
whose small dimension drawings are popular
in the market embrace FN Souza, MF Husain,
Jogen Chowdhury, Akbar Padamsee, Shyamal
Datta Ray, Ganesh Pyne, Rabindranath Tagore
and Gaganendranath Tagore and Nandalal Bose.
Others in this group include KG Subramanyan,
KCS Panicker, Paritosh Sen, Ram Kumar and
Adimoolam. "All these artists have their
own style and that is what identifies their
individuality and creativity," the source
said. Pricewise, a small format Souza drawing
is pegged in the range of Rs 2-3 lakh, Husain
and Chowdhury Rs 1.5-2 lakh, Padamsee Rs
2-3 lakh, Ray Rs 75,000-1 lakh, Goud Rs
1 lakh and Pyne Rs 1.5-2 lakh. In the same
breath, Nandalal Bose is in the band of
Rs 75,000-2 lakh, Rabindranath Tagore Rs
2-4 lakh, Paritosh Sen Rs 75,000-1.5 lakh,
Ram Kumar Rs 2-3 lakh, Ganesh Haloi Rs 1-2
lakh and Jamini Roy Rs 1-2 lakh. "This category
of drawings are being acquired in art hubs
like Mumbai, Delhi, Kolkata, Chennai and
Baroda. Collectors are finding them worth
investing in. Hence, these works seem to
be sporting a lot of potential," the source
said.
Courtesy:
The Economic Times, July 21, 2006
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Sunil
Mittal Wins Telecom Award
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Bharti
Airtel chairman and managing director Sunil
Bharti Mittal has been given the 'Telecom
Man of the Year 2006' award by communications
magazine Voice and Data. About 27 top telecom
companies were also felicitated with 'Voice
and Sata 100 Awards' for excellence in business
performance in financial year 2005-06 at
a function held in the Capital
Courtesy:
Hindustan Times, July 21, 2006
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India
Rules The Roost at Toronto Film Fest
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'Kabhi
Alvida Na Kehna ' - the latest offering
from filmmaker Karan Johar exploring the
various shades of love and relationships
- will lead a slew of Indian movies expected
to hold centre stage at the prestigious
Toronto International Film festival in September.
Johar's much awaited multi-starrer will
be screened in the 'Gala Presentation' section
of the festival - a slot usually reserved
for high-profile blockbusters or premieres.
KANK, a love story set in New York, features
the father- son combo of Amitabh and Abhishek
Bachchan along with Shahrukh Khan, Rani
Mukerji and Preity Zinta. Four other Indian
films will also premiere during the September
7-16 festival, the 31st edition of the annual
extravaganza. "India is a nation of different
cultures and languages, which makes its
cinema diverse, dynamic and exciting. Films
in Hindi, Marathi, Telugu and Manipuri will
be here ... These four films demonstrate
the impressive range of Indian cinema and
we at the festival are thrilled to be part
of its future," Festival Co-Director Noah
Cowan said in a statement here. The John
Abraham-starrer 'Kabul Express,' directed
by Kabir Khan and filmed on location in
war-torn post-9/11 Afghanistan, will be
premiered in the 'Special Presentation'
category of the festival. Filmmakers Chitra
Palekar and Rajnesh Domalpalli will be showcasing
their directorial debuts here in the festival's
'Discovery' section. Palekar's Marathi film
'Maati Maay' starring Nandita Das and Atul
Kulkarni, is based on Maheshweta Devi's
story ' Daayen' . The film tells the story
of a woman branded a witch and condemned
to the fringes of society.
Courtesy:
The Economic Times, July 21, 2006
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It's
Indian Granite vs Italian Marble
Now
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Rich
Americans seem to be going gaga over designer
bathrooms and kitchens adorned with Indian
granite. Americans now prefer Indian granite
in place of Italian marble. While India
has already amassed Rs 3,050 crore from
the export of this product in '04-05, export
demands are on the rise. In fact Indian
exporters have started buying granite slabs
from Brazil to process them into tiles and
export them to the US. Market research on
the sector shows that it is black granite
that is hot in American households. Once
associated with the colour of death the
product has been given the trademark of
black Galaxy in America. Various market
research reports indicate that American
interior designers and builders simply love
the colour and texture of the Indian granite.
Indian granite sells through huge showrooms
in California and New Jersey, the relatively
posh states of the US. In fact major construction
companies like Dal-Tile and Del Piso have
been buying granite worth $250,000 every
month from these suppliers of Indian granite.
In the recent past, construction companies
have also come forward to buy granite from
India directly rather than buy them from
importers based in the US. Italy, which
is one of the major exporters of Italian
marble and granite, has started sourcing
granite from India and it is exporting the
granite to its clients in the American and
European markets to meet competition and
hold onto its traditional customers in Europe
and America. Most of the manufacturing is
being undertaken by export-oriented units
in India. There are a large number of small
players that tie up with one importer to
reach the US market. The importer on the
other hand hires or has an in-house team
of experts to do a quality check and certify
the granite, as this facility is not available
in India. But India cannot sit satisfied
with this performance, as Brazil is emerging
as a major competitor with huge production
capacities and almost thrice the 120 varieties
exported from India. Moreover, with Brazil
entering the US market in a big way, India
needs to find new markets for this product
usually bought by the high-end consumers
all over the world.
Courtesy:
The Economic Times, July 15, 2006
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New
Charge: eBikes Set to Start up, Roar in
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Call
it the charge of the e-brigade. India's
7m unit strong two-wheeler industry is ready
for the electric revolution. According to
a latest survey by AC Nielsen spanning 10
cities, the electric two-wheeler market
is estimated at nearly half a million units
with the creamy layer comprising 2,90,000
units across 70 towns. The strongest demographic
support to electric vehicles comes from
teens, commuting adults and women. Clearly
today's kids and ladies believe smoke-belching
is uncool and green wheels are the way to
go. Not surprisingly, top bike and scooter
makers like Hero Honda, Bajaj, M&M and Kinetic
are researching e-vehicles while smaller
players like Pune's Ace Motors are simply
importing Chinese vehicles into India. The
ACNielsen study sub-divided the electric
vehicle segment into four categories : eBikes
which don't need a licence and can do 40
kms per charge; eBike Plus which is a higher
variant and can do 45 kms per charge; the
basic eScooter is like the eBike in terms
of speed limit and kms/charge while the
eScooter Plus is a higher performance variant.
According to the survey, over 80% teens
surveyed like the eBike as a concept and
over 30% said they were willing to buy one.
Overall 62% of the respondents were positive
about the concept and about 28% were "extremely
positive". An equal number were willing
to buy these bikes. For the eBike Plus range,
over 80% women and three-fourth commuters
said they liked the concept and over 20%
were willing to buy one. Overall 61% gave
a thumbs up to the product and 24% were
ready to purchase it. In e-Scooters, 65%
of those surveyed liked the concept and
17% said they would buy it and in eScooter
Plus category 79% liked the concept and
30% were willing to buy it. The potential
of e-vehicles has prompted top players to
look into this segment. Says Anil Dua, vice-president-marketing,
Hero Honda: "We are looking at all options
and can't close our eyes to options like
electricity-run scooters and we are doing
our bit of research to understand its potential.
Whether we have plans of commercially launching
one is something I cannot comment at this
stage." Others like Kinetic are already
in the prototype stage and have shown it
to the government for productionising support.
Kinetic is looking at two segments in the
electric two-wheeler market-a short-range
vehicle with a motor power of a maximum
of 3 kilowatt and a range of 30 kms, after
which it would need a recharge. The other
is a full-size scooter, with motor power
of a maximum of 5 kw and a range of 50-60
kms. Others like Mahindra & Mahindra and
Bajaj are looking at electric three-wheelers
instead. Mahindra & Mahindra displayed an
electric powered zero emission three-wheeler
named Bijlee at the Auto Expo. Meanwhile,
Bajaj is in the midst of "testing an electricity-run,
three-wheeler to understand how the technology
can work and overcome the hurdles of initial
costs. I think the technology is at least
five years away," says Ravi Kumar, VP (business
development) at Bajaj Auto.
Courtesy:
The Economic Times, July 14, 2006
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Indians
Outshine Gates on Fortune List
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The
Great Indian Middle Class is finally getting
its due. Here's how: This 300-million-strong
population has been featured at the seventh
spot in the list of 'Top 50 People Who Matter
Now' - ahead of corporate czars and market
swingers like Bill Gates, Michael Dell,
Richard Branson and Fed chief Ben Bernanke.
But topping the list - which appears in
the latest July issue of Fortune group's
Business 2.0 magazine - is the faceless
consumer the world over. "They've long said
the customer is always right. But they never
really meant it. Now they have no choice,"
the magazine said. The list boasts of another
Indian name with venture capitalist Vinod
Khosla grabbing the 33rd position. But the
most surprising inclusion in the list was
the emerging middle class spread across
India, China, Russia and Brazil. "This emerging
class is looking forward to enjoying a more
comfortable way of life," it said. These
newly affluent consumers also have the money
to spend - estimated at over $1 trillion
a year, it added. Among those who have been
placed above the emerging middle class are
Google founders Sergey Brin and Larry Page
(at second position), Qualcomm CEO Paul
Jacobs (3), News Corp CEO Rupert Murdoch
(4), Apple Computer CEO Steve Jobs (5) and
Genentech's product development president
Susan Desmond-Hellmann (6). The middle class
outscored a host of Who's Who in the global
arena, most notable among them being Microsoft
founder Bill Gates, US Fed chairman Ben
Bernanke, Oracle's Larry Ellison, Intel's
Paul Otellini, Dell's Michael Dell and Toyota's
Fujio Cho. Interestingly, Arun Sarin and
Steve Ballmer - who head the largest mobile
operator Vodafone and Microsoft respectively
- do not even figure in this elite league
of people who matter. Rather, they have
been pushed into the bunch of "10 People
Who Don't Matter".
Courtesy:
The Economic Times, July 13, 2006
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India
Most Preferred: KPMG
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India
is emerging as one of the most preferred
private banking destinations at a time when
the global private banking and wealth management
industry is witnessing a boom in the M&A
(mergers and acquisition) activity, a KPMG
report has said. Global consultancy firm
KPMG in its report titled 'hungry for more
- acquisition appetite and strategy in the
global private banking and wealth management
industry', said with robust and liquid financial
markets enabling exits on a timely basis
to realise gains, India is a good resource
deployment avenue. "India's economy is growing
at eight per cent per annum and is going
through a transformation to the next level
of maturity. This enables double digit returns
on most asset classes, which is not so in
a majority of countries, making India a
preferred private banking destination,"
transaction services head KPMG, India, Abizer
Diwanji said. Increased earning levels have
resulted in a high savings rate, which is
an emerging trend in India. "This has resulted
in a robust private banking capital raising
avenue. Indian private banking capital would
soon fund deployments to a significant part
of our capital needs," Diwanji added. The
M&A activity in the global private banking
and wealth management industry is booming,
with 258 deals completed in 2005 alone,
up 80 per cent from the previous year, the
report, based on interviews with 147 private
banks across the world, said. With over
90 per cent of private banks opining that
there are good prospects for the industry
over the next three years and 89 per cent
actively seeking acquisition targets and
considering acquisition if the right opportunity
arose, the level of activity is likely to
persist, it added. The growth of personal
wealth in Asian economies is providing the
greatest impetus to the M&A activity. About
45 per cent of all deals in 2005 took place
in the Asia Pacific region with a majority
of respondents naming China and India, as
countries they sought expansion in, the
report said. The surge in M&A activity,
however, has its own set of challenges.
Half of the respondents cited price expectations
of vendors as an obstacle to M&A activity.
On the other hand, four out of ten deals
failed to be consummated due to price demands
by sellers, the report said.
Courtesy:
www.financialexpress.com, July 12, 2006
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Mittal
Charmed by Orissa Artisans' Skill
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Artisans
in the Orissa capital are busy giving final
touches to a seven-foot stone idol of Lord
Krishna that may soon adorn a corner in
India-born steel baron Lakshmi N. Mittal's
London mansion. About 10 artisans led by
master craftsman Sudarsan Sahu are working
on the idol that has been eight years in
the making. "The idol is in the last stages
of manufacture. We hope to complete it in
the coming two-three months so that it can
be delivered before Diwali," Sahu told IANS.
"The idol is likely to be kept in the London
residence of Mittal on Diwali." Sahu, who
has been feted with several awards at home
and abroad, said the Krishna statue they
were making was one of their finest masterpieces.
The sculpture roughly weighs 1,000 kg and
has been made in three stages. Apart from
the main statue, there is a Kadamba tree
and a pedestal on which the entire piece
stands. The idol of Lord Krishna is made
of eight pieces of green stone that is found
only in Mayurbhanj district. The pieces
are joined together by glue. The Kadamba
tree is decorated with birds and squirrels
all carved from stone. The tree would be
placed behind the head of the deity, said
Sahu, who is working on the idol at his
Sudarsan Arts and Crafts Village in the
heart of the city. The pedestal has beautifully
carved images of 16 'Gopis' considered as
consorts of Krishna. The images of the 'Gopis'
were similar to those found at the Konark
temple in Puri, the master craftsman said.
"In 1998 Mittal's daughter-in-law Megha
visited Puri. She visited our centre here
and was fascinated by the beautiful artefacts.
She bought a four-foot tall Ganesh idol,"
said Sahu's youngest son Suryanarayan. Megha
told her father-in-law about Sahu and later
a member of the Mittal family placed an
order for the Krishna idol, said Suryanarayan.
Born in 1939, Sudarsan Sahu acquired the
skill of traditional sculpting under the
tutelage of the late Guru Bhubaneswar Mohapatra
and Kunia Moharana in Puri. He established
the Sudarshan Crafts Museum in his hometown
in 1977. In 1991 he set up the Sudarshan
Art and Crafts Village here. He has received
several awards including the Padma Shri
in 1988, the National Award for stone carving
in 1981 and the Liberty Bell presented by
the mayor of Philadelphia in 1986. Mittal,
who recently acquired European steel giant
Arcelor, visited Orissa last week and announced
he would set up a 12-million-tonne steel
plant in the state with an investment of
more than $8 billion.
Courtesy:
The Economic Times, July 11, 2006
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Indians
Revive French Connection
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For
Kolkata, the World Cup may be all but over
with the exit of Brazil but 40 km north
at Chandernagar, the party has just begun.
With the Les Bleus striking form at the
right time, this district town has rediscovered
its French colonial past. The town has draped
itself in French colours ahead of Super
Sunday, when 'their team' take on Italy
in the final. Down south in Pondicherry
as well, there's a sense of nervous anticipation
over the big match. This former French enclave
had erupted in wild celebrations when Zidane's
team had won the Cup in 1998. Preparations
for another big party are already on, with
the union territory government setting up
a giant TV screen near the Gandhi statue
on the beach for people to watch the final.
''By birth we are Indians, but when it comes
to football our hearts go to France even
when they are pitted against India,'' says
Thomas Huges, representative of the Franco-Indian
community in Pondicherry. Chandernagar,
meanwhile, has painted itself in the colours
of France. Almost every lane, club and household
has proudly raised the red, white and blue
flag. Youngsters move around in France's
blue jersey, clubs have adorned their walls
with posters of Zidane, Ribery and Henry
and school students have been pleading with
the authorities to declare Monday a holiday
to let them celebrate the victory. The 20-odd
clubs in the town are busy making last-minute
preparations for Sunday. At Friends Club,
a big screen is being put up for the match.
Hundreds are expected to gather to cheer
their team. ''France had a disappointing
start but have peaked at the right time.
Zidane is working up his magic and Henry
has regained his touch. We shall win,''
says Sumit de Sarkar, a member. At Kanailal
Bidyamandir-one of the six schools that
teach French-students had requested the
headmaster to let them hoist the French
flag on campus. ''The children are so excited
that it is impossible to remain unaffected.
We are being forced to talk about football
in class just to make them happy and get
them to study for a while. But it can't
be denied that we are all excited,'' says
Alok Ray, who teaches French at the school.
At tourist-friendly Pondicherry, hotels
and bars are busy encashing the hype over
Sunday's event. Many hotels are offering
special menus and big screens for the final.
Sudhakar, secretary of the Pondicherry Hotels
and Restaurant's Association, has urged
the government to allow hotels to remain
open till the end of the final. Pondicherry
has a population of over 5,000 Franco-Indians,
who hold voting rights in French general
elections. Huges, who represents them in
the French Assembly, has another reason
to back France. ''They play with grace and
sportsman spirit,'' he adds. Meanwhile,
Chandernagar's historic French Institute,
that has long been the cultural nerve centre
of the town, plans to send a memento if
France wins. Assistant curator Barendranath
Makar puts the euphoria in perspective.
Courtesy:
Economic Times, July 09, 2006
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FICCI
Wants Tax Sops to Boost Film Industry
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Industry
chamber FICCI has sought tax concessions,
a special fund to combat piracy and single-window
clearance for film shooting in the country,
besides other measures to boost film industry
growth by 18 per cent annually. The Indian
film industry could grow at 18 per cent
per annum to Rs 15,300 crore by 2010 from
Rs 6,800 crore at present if the government
makes these provisions during the 11th plan
period, a Chamber release said. In a note
to Planning Commission and the Center on
media and entertainment industry, Ficci
also suggested uniformity in entertainment
tax across all states, custom-free import
of equipment, re-introduction of income
tax rebate for multiplexes as key elements
for the sector's growth. The industry body
recommended creating a special fund to combat
piracy, single-window clearance for shooting
in the country and revamp of the "archaic"
Cinematograph Act for the sector. "There
is a need to implement uniform tax policies
across t he country," the chamber said,
adding that this would enable standardized
growth and increase low box-office collections
resulting in a loss to exchequer. To provide
impetus to technological upgrade of facilities,
equipment must be allowed to be imported
without customs duty, it said. The industry
body suggested a single window clearance
for shooting in India as it will be a great
revenue earner for India and help position
itself as a hub for production of entertainment
content.
Courtesy:
Economic Times, July 09, 2006
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Varanasi
to Offer 'Moksh Tourism'
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Varanasi,
the city of ghats, is gearing up to welcome
a new brand of tourists - the moksh tourists.
The moksh tourists are those tourists who
are suffering from lifestyle disorders and
seek an escape route from the material world.
Majority of them hail from Western countries
and come to the holy city in search of peace.
Interestingly, the concept of moksh tourism
is not being sponsored by the tourism department
of the UP government. It is the brainchild
of a local tourist guide Karan Pal Singh,
who has been inspired by an Italian tourist.
The Italian tourist, who was suffering from
cancer, had come to Varanasi in quest of
peace in his last days. "He died about a
year and half ago and even wrote a book
titled How I understand death. After his
death, I realised that Varanasi was a city
that helped people understand the finality
of death and helped people overcome its
fear. Since a lot of tourists, particularly
from Western countries, come here with the
purpose of finding peace of mind, I thought
that starting "moksh tourism" for such people
would be a good idea since they are not
interested in material things like shopping
etc," says Mr Singh. Mr Singh has been working
as a tourist guide in Varanasi for the last
44 years. Under his concept of "moksh tourism,"
Mr Singh plans to organise special workshops
where thinkers and philosophers will hold
discourses and teach the participants how
to overcome their desires and fears. Tourists
will be initiated into a new lifestyle that
will bring them closer to nature. "We will
bring in groups of people, put them up in
natural environments instead of five star
hotels and teach them the futility of life
and the finality of death. Their queries
will be answered by the guest speakers,
for those who are suffering from chronic
ailments. We will initiate them into naturopathy,
music therapy and psycho-energetic healing,"
he says. "There will be special programmes
and classes to overcome depression which
is emerging as a major disease in western
countries," he adds. Karan Pal Singh is
now contacting his counterparts in various
countries with the help of leading tour
operators and if all goes well, the first
batch of moksh tourists will arrive in Varanasi
in November. "The idea has found a good
response and since the charges for these
package tours will be rather nominal compared
to normal tourism packages, we expect a
large number of tourists in the first batch,"
he says. Meanwhile, the concept has already
caught on if Varanasi's tour operators are
to be believed. "I simply sent the concept
to my counterparts in Rome and Frankfurt
and I have been flooded with queries. If
we can manage to sustain the quality of
the package, this could well emerge as the
biggest tourist concept on this side of
the globe," says R.N. Sharma, a tour operator
in Varanasi.
Courtesy:
The Asian Age, July 08, 2006
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Land
of Endless Discovery Celebrates 200-yr-Old
Monastic Fest
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Several
thousand domestic and foreign tourists are
heading for Leh, the cultural capital of
Ladakh, during the week to join the local
residents in turning the land of endless
discovery into a site of revelry once again.
The occasion is the Mela Hemis Gumpa, the
famous 200-year-old monastic festival that
provides the average Ladakhi with the spice
of life. The Hemis monastery outside Leh
celebrates this event in the form of a two-day
festival in the peak of summer popularly
known as Hemis Tse-Chu. This year the festival
falls on July 6 and 7. Unlike most other
Ladakhi monastic festivals, which are held
during winter, the Tse-Chu festival attracts
tourists from far off US, Europe, Japan,
Korea and other parts of the world. According
to tourism officials, about 2,000 foreign
tourists are expected this year. Most foreign
governments, which have been issuing travel
advisories from time to time asking their
respective nationals to avoid visiting Jammu
and Kashmir, have, however, let peaceful
Ladakh off the hook except during the Kargil
war. Hence, tourism officials do not face
much difficulty in selling Ladakh to foreign
tourists, said an official. One of the attractions
remains the region's monastic festivals.
Ladakh is also known as the land of celebrations.
Its centuries-old culture has found expression
in its monasteries, monuments, fairs and
festivals. But the monastic festivals of
the land are matchless events of religious
and entertainment value. Tse-Chu (the 10th
day) is the biggest and most famous of these
festivals. As the name suggests, it is celebrated
on the 10th day of the Tibetan lunar month
as the birthday of Padmasambhava, or Guru
Rimpoche, the founder of Tibetan Buddhism.
The festival is held at Hemis monastery
and that is why it is also known as the
Hemis Gumpa Mela. Hemis monastery is situated
in a lateral ravine off the Indus valley,
48 km east of Leh. It is the largest and
most important of all the monastic sites
in Ladakh. It was founded in 1630 AD by
renowned Tibetan teacher Stagsang Ras-pa,
with the active support and patronage of
the Ladakhi King Singe Namgyal. Hemis, which
has a resident community of about 500 lamas,
has branches and affiliate monasteries all
over Ladakh. Many Ladakhi Buddhists endorse
the view held by sections of people in the
region that Jesus Christ had visited Hemis
site after going to Kashmir, then returned
to his land, but in order to escape persecution
at home, returned to the Valley where he
died and was buried in the old Srinagar
area of Rozabal. During the two-day festival,
the resident lamas perform sacred masked
dances that culminate in the destruction
of the sacrificial offerings, called Stor-ma,
on the last day.
Courtesy:
The Asian Age, July 08, 2006
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Revealing
Sketches of Indian Culture
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Two
children from a middling suburban school
have done their institution proud by having
their paintings showcased at an exhibition
in the U.S. that featured works from 30
countries. The works of L. Praveena and
K. Karthik of Kuthambakkam Panchayat Union
Primary School near Poonamallee were exhibited
at Norwalk Community College in May as pictures
depicting Indian culture. The International
Children's Art Exhibit was hosted by U.S.-based
Creative Connections, an international cultural
exchange organisation. Their works were
chosen from the sketches of 20 students
who were asked to paint culturally revealing
events. Participants were given the theme,
`Capturing the moment, hour-by hour: scenes
from our lives.' While Karthik painted his
favourite evening pastime, `Playing Cricket,'
Praveena sketched her mother's morning chore
in `Fetching Water through Handpump,' which
reflected a real life routine. "My mother
toils hard in the morning to fetch water
for us," she said. Describing the cultural
exchange as a new experience, Karthik, a
VI class student, recollected the paintings
from the U.S. he liked. "I saw pictures
of people ice skating, kitten being fed
with milk and children having burgers."
L. Natana Sabapathy, programme assistant,
said Karthik and Praveena's paintings were
chosen, as they were culture-specific. Other
paintings mainly represented Indian festivals.
The programme had a schoolteacher explain
the theme and encourage them to depict their
cultural world through art. Paintings by
the students were sent to the U.S. while
works of art by participants in the U.S.
were received here. The U.S.-based organisation
partnered with about 30 countries where
the paintings of children across the countries
were exchanged. The next step of the project
would be to provide classroom connections
through online chat.
Courtesy:
The Hindu, July 03, 2006
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Bollywood's
version of Superman has thrown down a box-office
challenge to his American counterpart, with
trade analysts estimating the film earned
an Indian record of $15 million in its opening
week. Almost one-third of the takings for
"Krrish" came from overseas, mostly the
United Kingdom and the United States where
Bollywood fare is an entertainment staple
for Indian expatriates. "These are historic
opening collections for a Bollywood film.
India's first superhero is a superhit,"
said Taran Adarsh, a leading trade analyst.
"This is just the first week. Many cinemas
are sold out for days." "Krrish", which
cost $10 million, was considered an expensive
production in the Hindi language film industry,
the biggest in the world by volume and ticket
sales but one which operates on low margins.
The story of a man with special powers who
romances his lady love in between saving
the world from a mad scientist has hit a
chord with children, who love his ability
to leap tall buildings at a bound in a black
leather ensemble and a Batman-like mask.
"And something which is a hit with children
will ensure their parents come along," Adarsh
said. Industry officials say the film is
a huge success because the eponymous hero
can tackle villains and save the world while
singing and dancing -- a feature of Indian
films. "The film is a workable mixture of
what the Indian audiences adore -- fantasy,
adventure, romance and family values," said
film critic Deepa Gehlot. "The total package
is a novelty for them." The film is a sequel
to the 2003 blockbuster "Koi...Mil Gaya"
(I Found Someone), considered to be Hindi
cinema's first major sci-fi movie. "Krrish",
played by Bollywood hunk Hrithik Roshan,
boasts spectacular special effects as well
as song and dance.
Courtesy:
www.financialexpress.com, July 01, 2006
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