‘s pilgrim trail: a godsend for hotel chains

MUMBAI, May 29, 2011 (AFP) – India’s pilgrimage centres are fast becoming hot-spots for hotel chains, as both domestic and international groups look to plug a gap in the market for quality accommodation. Devotees flocking to so-called “temple towns” such as Shirdi in western Maharashtra state, the Sikh holy city of Amritsar in Punjab and […]

‘t want to give up IMF power: India

NEW DELHI, May 28, 2011 (AFP) – India’s prime minister Saturday said there appeared little hope that an emerging nation candidate would be chosen to head up the International Monetary Fund in the current contest. The Indian premier’s comments came a day after France announced that the country’s finance minister Christine Lagarde would visit India […]

First Land Rover rolls out of Indian factory

PIMPRI, May 27, 2011 (AFP) – Mumbai-based Tata Motors opened its first Indian factory on Friday for Land Rovers, the formerly loss-making British brand aiming to make inroads in the booming South Asian market. A Freelander 2 sports utility vehicle was the first to roll out of the plant on the outskirts of Pune, some […]

Maldives and IMF hammer out new 3-year deal

May 26, 2011 (LBO) – The International Monetary Fund and the Indian Ocean tourist paradise of Maldives had reached a new 3-year deal to fix government finance and stabilize the country and its currency. Maldives is struggling with a large budget deficit partly due to large civil service salary bill, which it was unable to […]

US cutting back troops in Pakistan amid tensions

WASHINGTON, May 26, 2011 (AFP) – The US military said Wednesday it has begun pulling some American troops out of Pakistan after Islamabad requested a smaller presence, amid tensions over a US raid against Osama bin Laden. The Pakistani government had asked for a scaling back of the US contingent of more than 200 troops […]

Militants storm Pakistan naval air base, five dead

KARACHI, May 23, 2011 (AFP) – Taliban gunmen armed with rockets and explosives stormed a major naval air base in the heart of Pakistan’s biggest city, destroying two US-made surveillance aircraft and killing five personnel. Officials said the brazen attack in Karachi, which came three weeks after the US killing of Osama bin Laden, was […]

” UK staff

NEW DELHI, May 22, 2011 (AFP) – Indian tycoon Ratan Tata has denied calling his British staff lazy after a London newspaper quoted him attacking them for heading home early on Friday afternoons. The Tata Group issued a statement after the Times published an interview in which he described how “nobody is willing to go […]

US security chief to visit India for talks

WASHINGTON, May 19, 2011 (AFP) – The US Homeland Security secretary, Janet Napolitano, will make a four-day visit to India beginning May 24, her office announced Thursday. Napolitano and Indian Home Minister Palaniappan Chidambaram, the country’s domestic security chief, will launch the US-India Homeland Security dialogue, which the Department says will increase communication about terrorism […]

‘s IMF director hits method for naming chief

WASHINGTON, May 19, 2011 (AFP) – India’s IMF director on Thursday said the institution needs to revamp how it chooses it managing director, after decades of as “consensus” that let Europeans monopolize the top position. Hours after the resignation of International Monetary Fund chief Dominique Strauss-Kahn of France to fight sexual assault charges in New […]

‘s 31-year-old king to marry

NEW DELHI, May 20, 2011 (AFP) – The 31-year-old king of Bhutan, an Oxford-educated bachelor crowned in the remote Himalayan country in 2008, set up another royal wedding on Friday by announcing his engagement. Jigme Khesar Namgyel Wangchuck revealed his intention at the opening session of parliament, a secretary from the ministry of information, Dasho […]

Bollywood marketing goes mobile

MUMBAI, May 18, 2011 (AFP) – Times have changed in Bollywood from the days when all that was required to promote a film was a giant, hand-painted poster, a television or cinema trailer and the pulling power of a star actor. Now, the popular Hindi-language film industry is harnessing the latest technology, hoping that the […]

‘s rich flaunt wealth

NEW DELHI, May 17, 2011 (AFP) – In booming India, being rich is not enough. For the moneyed classes, it’s increasingly about flaunting their wealth in ways typical of the nouveaux riches in Russia, China or the Middle East. India’s well-heeled used to be more shy about displaying their wealth in the decades after independence […]

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