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Here’s what is happening in India:
-By Dr Farrukh Saleem
The two Ambani brothers can buy 100 percent of every company listed on the Karachi Stock Exchange (KSE) and would still be left with $30 billion to spare. The four richest Indians can buy up all goods and services produced over a year by 169 million Pakistanis and still be left with $60 billion to spare. The four richest Indians are now richer than the forty richest Chinese.
In November, Bombay Stock Exchange’s benchmark Sensex flirted with 20,000 points. As a consequence, Mukesh Ambani’s Reliance Industries became a $100 bill ion company (the entire KSE is capitalized at $65 billion). Mukesh owns 48 percent of Reliance.
In November, comes Neeta’s birthday. Neeta turned forty-four three weeks ago. Look what she got from her husband as her birthday gift:
A sixty-million dollar jet with a custom fitted master bedroom, bathroom with mood lighting, a sky bar, entertainment cabins, satellite television, wireless communication and a separate cabin with game consoles. Neeta is Mukesh Ambani’s wife, and Mukesh is not India ‘s richest but the second richest..
Mukesh is now building his new home, Residence Antillia (after a mythical, phantom island somewhere in the Atlantic Ocean ). At a cost of $1 billion this would be the most expensive home on the face of the planet. At 173 meters tall Mukesh’s new family residence, for a family of six, will be the equivalent of a 60-storeyed building. The first six floors are reserved for parking. The seventh floor is for car servicing and maintenance.. The eighth floor houses a mini-theatre. Then there’s a health club, a gym and a swimming pool. Two floors are reserved for Ambani family’s guests. Four floors above the guest floors are family floors all with a superb view of the Arabian Sea On top of everything are three helipads. A staff of 600 is expected to care for the family and their family home.
In 2004, India became the 3rd most attractive foreign direct investment destination. Pakistan wasn’t even in the top 25 countries.
In 2004, the United Nations, the representative body of 192 sovereign member states, had requested the Election Commission of India to assist the UN in the holding elections in Al Jumhuriyah al Iraqiyah and Dowlat-e Eslami-ye Afghanestan. Why the Election Commission of India and not the Election Commission of Pakistan? After all, Islamabad is closer to Kabul than is Delhi .
Imagine, 12 percent of all American scientists are of Indian origin; 38 percent of doctors in America are Indian; 36 percent of NASA scientists are Indians; 34 percent of Microsoft employees are Indians; and 28 percent of IBM employees are Indians.
For the record: Sabeer Bhatia created and founded Hotmail. Sun Microsystems was founded by Vinod Khosla. The Intel Pentium processor, that runs 90 percent of all computers, was fathered by Vinod Dham.
Rajiv Gupta co-invented Hewlett Packard’s E-speak project. Four out often Silicon Valley start-ups are run by Indians. Bollywood produces 800 movies per year and six Indian ladies have won Miss Universe/Miss World titles over the past 10 years.
For the record: Azim Premji, the richest Muslim entrepreneur on the face of the planet, was born in Bombay and now lives in Bangalore.India now has more than three dozen billionaires; Pakistan has none (not a single dollar billionaire).
The other amazing aspect is the rapid pace at which India is creating wealth. In 2002, Dhirubhai Ambani, Mukesh and Anil Ambani’s father, left his two sons a fortune worth $2.8 billion. In 2007, their combined wealth stood at $94 billion. On 29 October 2007, as a result of the stock market rally and the appreciation of the Indian rupee, Mukesh became the richest person in the world, with net worth climbing to US$63.2 billion (Bill Gates, the richest American, stands at around $56 billion). Indians and Pakistanis have the same Y-chromosome haplogroup. We have the same genetic sequence and the same genetic marker (namely: M124).
We have the same DNA molecule, the same DNA sequence. Our culture, our traditions and our cuisine are all the same. We watch the same movies and sing the same songs. What is it that Indians have and we don’t?
INDIANS ELECT THEIR LEADERS!!!!!!!!!!!!!!!!!!
And also to mention: They think of Construction of own nation, unlike other nations who are just concerned with destruction of others…
Simple answer to why the Indians fare better than the Pakistanis – They don’t focus on religion all the time and neither do they spend time and money in devising ways to kill their own and everyone else over religion
India is the fourth largest illegal downloader of online content, according to two reports released on Tuesday by the Motion Picture
Distributors Association (MPDA).
The reports were prepared on behalf of MPDA by Envisional and DtecNet, two global firms engaged in providing software solutions to track and prevent piracy of digital content and online business.
According to their findings, India trails only the US, Britain and Canada in online copyright infringement.
Envisional’s report said online piracy of film and television content in India is mainly through file-sharing networks like BitTorrent and cyberlockers, or web-based file hosts such as RapidShare or HotFile.
“The numbers that the surveys have come up with underpin our constant refrain that the economic and social impact of online piracy is enormous and will have even greater long-term implications if not addressed,” said Michael Ellis, president and managing director of Motion Pictures Association (Asia-Pacific), in a statement.
“We are aware that more needs to be done to help people understand that when they take unauthorised content off theInternet, or pay next to nothing from a pirate street vendor, they are indulging in online theft and therefore damage the very movie-making community that has been bringing them entertainment,” he added.
The report by DtecNet that is based on tracking illegal downloading IP addresses on P2P (Peer to Peer) networks, showed that from April to September 2009, India was among the top 10 countries in the world with the largest number of illegal P2P activities.
The research also claimed that India had the highest level of film piracy in any English-speaking country in that period. It also said Hindi films are the most widely available domestic Indian content with most downloaders in Delhi, Bangalore and Mumbai.
Vishal Bhardwaj’s “Kaminey” is estimated to have been downloaded over 350,000 times on BitTorrent with around two-third of downloaders located in India.
Tamil films are mostly downloaded in Chennai and Bangalore, while Telugu films are targeted in Hyderabad and Bangalore. Rajiv Dalal, managing director, MPDA (India) said strict laws were needed to end unauthorised downloading.
“We need strong laws to support copyright, strong enforcement of those laws, stiff sentences for people who violate those laws, and most important, an understanding by ordinary citizen that buying pirated movies hurts the industry and makes it difficult for movie-makers to make new films,” said Dalal.
According to an Ernst and Young 2008 report on “The Effects of Counterfeiting and Piracy on India’s Entertainment Industry”, the Indian film industry lost $959 million and 571,896 jobs due to piracy.
Steve Herzfeld confronted the decisions that haunt most of us eventually. His elderly parents needed round-the-clock care, but he couldn’t afford the quality of nursing home he wanted for them in Florida. So he sent them to Puducherry, India!
Looking back, Herzfeld says the main thing he would have done differently would have been to hire staff before their arrival: it took him five difficult weeks to find a nurse. (more…)