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As India’s Growth Slows, Government Faces Increasing Pressure Amidst Scandals

By HeatHer timmons & Lydia PoLgreen NEW DELHI (NYT): India’s central government, convulsed by a series of corruption scandals, is under increasing pressure to deal with the potentially conflicting challenges of rising inflation and slowing growth.

But any effort to deal with the underlying problems that plague the Indian economy runs directly into powerful political interests.

On Tuesday, India’s government said inflation increased 9.1 percent in May, compared with a year earlier, a higher rate than expected.

That came atop troubling economic data indicating India’s gross domestic product growth had slowed, as companies spent less, foreign investment dropped and bad loans piled up at some banks.

W h i l e I n d i a ’s l o n g - t e r m prospects remain strong, many economists and analysts say the country’s central government needs to act quickly to ensure

the short-term problems do not intensify. While slower growth could help curb inflation, critics are not confident the government has the policy finesse to address either problem adequately.

India faces “an unpleasant trinity of moderating growth, high inflation and monetary tightening,” said Rajeev Malik, senior economist for the investment bank CLSA in Singapore. “It is very important that the government get its act together and begin to do something.”

In the first three months of this year, India’s annual growth rate of gross domestic product slipped to 7.8 percent — down from an 8.3 percent annual rate in the fourth quarter of last year, and short of analysts’ predictions.

The central government, led by Prime Minister Manmohan Singh, has been rocked by allegations of corruption and investigations into sweetheart deals worth billions of dollars between government ministers and businesses of

various types — most notably one involving the award of wireless communications licenses. The scandals have paralyzed decisionmaking and stalled development projects.

India, the second-fastest growing major economy after China, continues to have long-term forces that should be in its favor.

T h e c o u n t r y ’s y o u t h f u l population, growing middle class and increased demand — whether for refrigerators and cars, or housing and highways — mean it could become the world’s thirdlargest economy after China and the United States by 2030, Standard Chartered predicted this month.

India’s economy currently is currently ranked 10th, according to the International Monetary Fund.

Still, a recent flurry of negative economic indicators has set the stage for a rocky year. Inflation is a worry in most emerging markets, Continued on page 28

Rising inflation and slow growth is affecting India as a whole.

India is set to become the third largest economy after China and United States by 2030. But it is currently ranked the 10th according to the IMF. India’s growth rate has slipped from 8.3 last year (4th qtr) to 7.8 percent. Scandals worth several billions of dollars have paralyzed the government and decision making in the process.

Above is shown a metal workshop in Mumbai. India’s industrial output growth dipped in April as credit costs and inflation braked the economy.

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As India’s Growth Slows, Central Government Faces Increasing Pressure continued from page

27

but critics say lapses and policy missteps by the central government have made the problem especially bad in India.

On Tuesday, the Organization for Economic Cooperation and Development, a group of leading free-market democracies, released a generally upbeat report on India’s economic prospects. But it warned that without deeper policy overhauls the country would struggle to sustain its growth targets.

“Moving to a new level of growth will require renewing the momentum of reforms,” said Ángel Gurría, secretary general of the O.E.C.D. He called for lower barriers to international trade and investment, as well as revamping of the financial sector and the labor market.

Each of those issues is enveloped in a political thicket, though.

And the current government has shown little willingness to even try changes. The O.E.C.D. report highlighted India’s low spending on health — just 1 percent of the country’s G.D.P. — and the contrast to the country’s high spending on subsidies for food, fuel, fertilizer and electricity, at 9 percent of G.D.P. Local investment growth slowed in the second half of the fiscal year that ended March 31 to 4.1 percent, down from a 14.7 percent rate at the beginning of the year.

Just as worrisome for an emerging economy, foreign investment in

the first three months of 2011 fell 32 percent from the comparable period a year earlier, down to $3.4 billion, on top of a steep drop for all of 2010.

Meanwhile, bad loans are creeping up at some of India’s government-run banks, particularly at the largest, State Bank of India.

In the quarter that ended March 31, the bank doubled the amount of provisions for nonperforming assets from the previous quarter, according to Enam Securities in Mumbai.

Car sales, one of India’s fastestgrowing economic indicators, slowed in May to their slowest rate in two years, according to the Society of Automobile Manufacturers.

Montek Singh Ahluwalia, deputy chairman of India’s Planning Commission, acknowledged that the economy was growing slower than the target annual rate of 9 to 9.5 percent set by officials.

He said that getting policy reforms on the agenda had been difficult. Reaching growth targets, he said, “is not going to happen automatically — there are things that need to be done.”

Inflation, meanwhile, threatens to become a bigger problem if agricultural productivity does not improve, said C. Rangarajan, head of the prime minister’s Economic Advisory Council.

On Thursday, the Reserve Bank of India is expected to raise its key borrowing rate for the 10th time since March 2010 — to 7.5

percent, from the current 7.25 percent. The move may further curb growth but have little effect on inflation, analysts said, because a big inflationary force involves structural problems in India’s food distribution, subsidies and infrastructure.

Revising interest rates is generally considered a blunt instrument even in organized economies.

In India, where the economy is complicated by factors as diverse as fuel subsidies and infrastructure bottlenecks, the central bank’s capacity for precision is even more limited.

Even as food prices skyrocket, the government has failed to fix an agricultural distribution system that means about 40 percent of India’s farm output rots before it is eaten, analysts note.

“You still need to develop your farm-to-fork model,” said Rohini Malkani, an economist with Citigroup in Mumbai, citing need for improvements in warehousing and transportation. Although the government has noted and discussed these problems, progress has been very limited, she said.

The central government’s inaction on infrastructure and food distribution is helping drive up inflation — even as the government is making the problem worse through farmer-friendly policies like raising minimum prices for food and grains.

“Part of the inflation problem is the government’s doing,” said Mr.

Malik of CLSA. “They’ve chosen to improve the terms of trade for the rural economy,” he said, “and it is coming at the cost of the urban economy.”

But Kaushik Basu, the government’s chief economic adviser, said in an interview Monday that inflation was a problem all developing countries were facing.

“If you look at emerging economies around the world,” Mr. Basu said, “India’s performance looks pretty run of the mill.”

He said recent skepticism about India’s growth prospects was overblown.

“Just like you have irrational exuberance, occasionally you have irrational pessimism as well,” he said. “My own view is that for the full year, growth will be a little less than what we were forecasting.

But all the long-run indicators like investment and savings are going in the right direction.”

The government’s critics, however, take a harsher view.

“The last two years have been a lost opportunity” for India’s governing United Progressive Alliance, Citigroup said this month in a research report.

The party’s victory in 2009 fueled high expectations of a strong change-oriented agenda, which would address issues like banking regulation, land acquisition and pension reform. “Two years down the road,” Citigroup said, “the U.P.A. has disappointed on most counts.”

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Carrefour to Offer Online Shopping In India; Builds New IT Platform NEW DELHI: Looking to tap and engage tech savvy business establishments in India effectively, French retailer Carrefour is building an IT platform that will enable its customers to shop online.

“We are in the process of building a platform for e- enablement to engage them (customers) effectively,” Carrefour WC & C India Director -IT Supply Chain and Organisation Subhodip Bandyopadhyay said.

Carrefour that currently has only one cash and carry store in India here at the capital offers multiple channels of engagement to its registered customers such as phones, e- mail and direct contact on the shop floor.

He said the new IT platform has been built “keeping in mind the Indian IT growth story and tech savvy business establishments all over India, particularly in National Capital Region, we believe, it will be one more way of delighting our esteemed customer base.”

Carrefour has chosen IBMWebsphere Commerce as the platform and implementation is being done by Salmon India.

With the help of new initiative, customers which includes hotels, restaurants, catering companies, continued on page

31

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Farming Infrastructure Needs Overhauling SHIVTHAR, MAHARASHTRA (ET): Ajit Govind Sable’s family have owned their farm in western Maharashtra for 10 generations, which even for a region that has been farming for more than 10,000 years is long enough to witness plenty of changes.

Two generations back, they started cultivating sugar cane here in Shivthar, a village in Maharashtra’s highlands near the Krishna river.

India’s most industrialized state soon became its largest sugar producer.

Today, in the front yard of Sable’s low, two-storey farmhouse half the ground floor houses his turmeric crop. Peppers grow under polythene plastic coverings. Like an increasing number of farmers in the country, Sable is exploiting a shift in taste towards fruits and vegetables among Indians.

“My colleagues grow flowers under poly,” Sable says. “But the investment for that is too much for me, so I’m trying out peppers. You can’t eat flowers if you can’t find buyers for them,” he notes.

While many farmers are eager to adjust to changing diets in one of the world’s fastest growing markets, the government continues to subsidize the cultivation of wheat, sugar and rice crops to ensure basic food needs for the country’s poor.

The result is overflowing stocks of these carbohydrate-heavy staples and a huge subsidy bill that is adding to a ballooning budget deficit.

Rapid urbanization and the expansion of middle class are making new changes. Take Avantika Singh , for example. A consultant in the hotel industry, she lives in an apartment block in Delhi with her husband Sanjay, a television producer, and their 7-year-old daughter, Romsha.

The Singhs are still fond of traditional Indian food such as idlis, southern style rice pancakes served with spicy sauce, and parathas, wheat flatbreads cooked with oil or ghee. But on this day Avantika, 41, is cooking pasta with fresh peppers.

“As a working person, I look at whatever is easy to do and nothing too elaborate,” she says. “When you make idlis it’s a whole day, day-and-a-half procedure. I don’t have that kind of time.”

She sees her parents’ generation suffering the effects of the sugarheavy, oily diet they grew up on. “Even if we make parathas, we don’t put butter and ghee in,” Avantika says.

India is getting wealthier as well as healthier. Its 8 percent annual growth, second only to China among major countries, is boosting

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A grass roots movement is taking place as farmers are thinking of creative solutions to avoid spoilage of produce. India’s farmers have the highest suicide rates because of their inability to pay back debts borrowed to do farming. A farmer and his son sell vegetables at an open market in Udaipur, Rajasthan

incomes rapidly in the trillion dollar economy. Per capita income surged to $1,265 in 2010 from $857 in 2006 -- a nearly 50 percent increase -- according to the World Bank and IMF .

Middle class households are expected to grow 67 percent in the next five years, bringing over 53 million households into an annual income bracket between 340,000 and 1.7 million rupees ($7,60038,000).

Bijay Kumar, managing director of the National Horticulture Board , says having more money than your parents is pushing up demand for high-protein foods.

“People are more aware of health.

They are increasing their intake of fruits in their regular diet.”

In 2009-10, Indians boosted spending on fruit and vegetables by nearly 9 percent over the year earlier. They shelled out almost 31 percent more on meat, eggs and fish. Spending on cereals, on the other hand, was flat.

“A dietary transformation is underway in the country and demand for high value, vitamin and protein rich food such as fruit, vegetables, milk, eggs, poultry, meat and fish is increasing,” the International Food Policy Research Institute (IFPRI) said in a study this year.

India has the world’s largest diabetes population at just below 51 million people, while heart disease is the single-largest cause of death due to high carbohydrates consumption levels.

Yet hunger is endemic among the country’s 500 million poor.

The government is drafting a Food Security Act that promises to expand subsidized wheat and rice well beyond the current 30 percent

of the population in a country that is home to 40 percent of the world’s malnourished children.

The average size of farms in India is a mere 1.33 hectares -- about the size of two soccer pitches -- and that figure has been steadily declining.

Farmers are finding it ever more difficult to make ends meet. The introduction of high-yielding seed varieties and increased use of fertilizers and irrigation spawned the Green Revolution in the 1960s that allowed India to become selfsufficient in grains. Agriculture innovation and efficiency has stalled in recent years and farmers are getting squeezed by rising costs and inefficient agronomy.

S ince th e mid- 19 90s , an estimated 150,000 small farmers have committed suicide, according to the Center for Human Rights and Global Justice at New York University, most of them over debts they could not repay. Many families are fatherless.

Te m p e r a t u r e - c o n t r o l l e d warehouses are sprouting up across India but are mostly small-scale private enterprises to help prevent spoilage of fruits and vegetables.

“The National Horticulture Board’s Kumar says, “We need good infrastructure to collect and aggregate farm goods produced in remote areas,” he said. “They need to be delivered to consumers as early as possible.

Chowdhary, who’s been in the fruit business for the past two decades, has a different idea. “In the last four to five years, sales of fruit have risen by 25-30 percent.

The next stage for us is to go back to the farm and process fruits.”

That way he could sell direct to the supermarkets.

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Chinese City Shanghai Woos Indian IT-BPO Sector

Babulbhai

NEW DELHI (Hindu): After Ms. Liu, who was recently in characteristics and project scope, the Shanghai and Shenzhen, it is the India meeting all potential investors government will also offer special Northern Chinese city of Xuzhou for the specialised IT-BPO park at benefits to the companies.” that is wooing the Indian information Xuzhou, said: “Though Xuzhou is Ms. Liu pointed out that trained technology and BPO industry to mainly known for the production human resource, which includes set up shop in the Xuzhou High- of world-class machinery, we are over 1.6-lakh English-speaking speed International IT talent pool from over B u s i n e s s 12 universities and 340 Outsourcing District institutes, would help especially created for bridge the language the IT-BPO sector. barrier. “India’s core “India is known competency lies in the for its IT and BPO BPO industry. Last industry globally … year China came in we want Indian IT second in the worldwide and software majors market share of the BPO to come to Xuzhou industry, just behind and take advantage India which was ranked of the infrastructure first. China aims to that we have created, expand this combined besides financial aid market share with a view that the government to complementing India is offering for setting Situated in the northwest of Jiangsu, Xuzhou City is one of and together raising the up establishments,” the most well-known transportation hubs with a history of market share of India Vi c e - P r e s i d e n t 2,600 years. It is known as a notable battlefield in China’s and China as BP O of Xuzhou High- history, from ancient dynasties to modern republics. destinations,” she said.

Xuzhou has a large amount of historical attractions and speed International beautiful scenic sites. The natural beauty of Xuzhou mixes Stating that they were B u s i n e s s with characters from both the North and South of China. looking at establishing Outsourcing District The old Yellow River flows through the city by which the good trade and working Liu Shuang told this Grand Canal passes. Surrounding the city are the green relationship, she said: correspondent. hills and bodies of water connecting the whole city and “While India can get some X u z h o u t h a t forming the special sceneries. The enriched cultural life of its expertise in terms falls in the Jiangsu and delightful natural scenery make Xuzhou one of the of IT-BPO practices, province and is in wonderful sought out tourist-attractions in China China can provide a the middle between good infrastructure to the Beijing and Shanghai is known now focussing on developing the business thus improving the overall as a major transportation hub due IT-BPO sector. “We have already efficiency of both countries. Many to expressways and high-speed developed two world-class IT parks Indian big companies like TCS and railway links. and are now looking at MNCs Infosys have already made their “Xuzhou is the key stop of the for its occupancy. Companies are presence felt in Shanghai, Beijing high-speed railway connecting being offered government subsidy, and Hangzhou…now Xuzhou can B e i j i n g a n d S h a n g h a i a n d tax exemption and deduction on be support in many ways to these country’s East to West. Xuzhou expenditure incurred on training cities with the distance advantages. as a transportation hub is of great of employees, besides relaxation We are sure Indian companies advantage to every industry,” she in payment of rent. Based on the would leverage these and grow added. size of investment, the business exponentially,” Mr. Liu added.

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Infosys, Tata Beat Global Majors to Emerge as Leading Brands in India NEW DELHI (TOI): IT giant concern CEOs who are trying to seat (Suzuki, Unilever),” the report Infosys and salt-to-software crack the BRICs. They need to said. conglomerate Tata have emerged refocus their energies on telling Google, through its YouTube as the top 2 brands in India, their leadership story,” TLG founder platform, streams live Indian beating global majors like Google, Malcolm Gooderham said.

Premier League cricket Nokia and matches, while Facebook Facebook, in offers mobile access for a new index. a special rate of 1 rupee According a day. t o T L G ’s Interestingly, Apple, index of which leads the pack emerging in Britain and America, m a r k e t failed to corner a place ‘Thought for itself in the top 20 Leaders’, list in India. Apple’s seven out of failure to adapt its the top ten business model to local brands in tastes and budgets was India were vastly responsible for its indigenous inability to crack India. firms.

“Indian consumers TLG, in can buy a new Tata Nano partnership car for the same price as w i t h three Apple iPhones,” international IT giant Infosys and Tata Conglomerate that manufactures Salt to the report said.

Software were named the top two brands in India, beating global research majors like Google, Nokia and Facebook. The top 20 firms are Top 20 Indian Thought consultancy peppered with Indian brands like Larsen & Toubro (5th) State Bank Leaders f i r m of India (7th) among others. Top: Infosys Building at Bangalore 1 .

I n f o s y s GlobeScan, Technologies ‘ launched The top 10 features two joint 2. Tata Group the index wherein government ventures between local and 3. Google India ministers, directors of blue chip overseas companies. The JVs are 4. Maruti-Suzuki companies and newspaper editors Maruti-Suzuki (4th) and Hindustan 5. Larsen & Toubro were asked to identify corporate Unilever (9th).

6. Nokia brands with the power to change Commenting on the findings, 7. State Bank of India the attitudes and behaviour of GlobeScan Research director Oliver 8. Facebook c o n s u m e r s , e m p l o y e e s o r Martin said, “As the public’s faith 9. Hindustan-Unilever politicians -- defined as “Thought in corporate leadership is declining 10. Mahindra Leaders”. in India, companies must excel in 11. Hero-Honda Motors The list of top 20 firms was business innovation and progressive 12. Life Insurance Corporation peppered with Indian brands CSR to retain a Thought Leadership of India (LIC) including Larsen & Toubro (5th), position.”

13. Bharti Airtel Limited State Bank of India (7th), Life The top-ranked foreign firm is 14. Oil and Natural Gas Insurance Corporation of India Google, which enters the index at Corporation Limited (12th), Bharti Airtel (13th), Oil and number three, followed by Nokia at 15. Aditya-Birla Group Natural Gas Corporation (14th), sixth rank and Facebook at eighth 16. The Oberoi Group Aditya Birla Group (15th), The position.

17. HDFC Bank Oberoi Group (16th), HDFC Bank “Western firms that succeed 18. Dr. Reddy’s Laboratories (17th), Dr Reddy’s Laboratories (Google, Nokia and Facebook) 19. Ranbaxy Laboratories (18th) and Ranbaxy Laboratories are those that adapt their models Limited (19th). to local conditions, or ones that 20. Hyundai Motor India “... Absence of many ‘western’ form JVs with locals in the driving Limited major brands from the top 20 may

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Govt Gives 3-P Mantra to Diaspora on Economic Engagement in India TORONTO (I-F): India promised other countries. Two days have to remove irritants hindering the generated many new ideas for engagement of its 27 million-strong India,’ he said. global diaspora with their parent Both Preneet Kaur and Didar country.

Singh assured the diaspora that the But it also recommended three Indian government will address Ps - purpose, their concerns, perseverance and including those patience - on the related property part of the diaspora and investment to deepen their and fraud engagement with marriages. their ancestral Singh said land. though the Te r m i n g t h e d i a s p o r a fifth mini Pravasi now realizes Bharatiya Divas the potential which concluded economic here Friday a huge benefits from success, Preneet engagement with Kaur, minister of rising economies state for external like India and affairs, said India Preneet Kaur, minister of state China, they will was always looking for external affairs, India have to show to its diaspora to patience. ‘These (India and China) promote its commercial and cultural difficult markets to enter. You need ties with the world.

3Ps - purpose, perseverance and She said India offered huge patience - to enter them,’ he said. opportunities for infrastructure, He invited the NRI community defence and various other fields in North America to join the next and the diaspora could promote PBD in Jaipur from Jan 7-9. two-way investments between India Many expert sessions were held and their adopted lands. to highlight opportunities India The minister said the PBDs offered to its diaspora. highlighted India’s commitment to engagements with its vast diaspora.

Didar Singh, secretary in the Ministry of Overseas Indian Affairs, said he was impressed by the views continued from page 28 offices and institutions apart expressed at the two-day gathering.

These will be incorporated in from small traders and kirana policies concerning NRIs, he said. stores would be able to look for and ‘It’s the best PBD we ever had. place orders as per their specific These have been two days of requirements, Bandyopadhyay exceptional talks, and there have said.

The new IT platform which is been exceptional contributions likely to be rolled out in the third (from delegates and speakers).’

Singh said there will be quarter of 2011, will also enable a formal report on the Toronto the company to take orders from Pravasi Bharatiya Divas and the its registered members even outside government will take action on its Delhi and NCR. By the end of this year, the recommendations.

‘The message from the PBD is company has plans to open a couple clear the diaspora has an important of more cash-and-carry stores in role in India’s engagement with Northern India.

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Please Reference Job ID: 308718 on all materials submitted. No phone calls please, and no third parties. Equal Opportunity Employer M/F/V/D. INDO AMERICAN NEWS • FRIDAY, june 24, 2011 • ONLINE EDITION: WWW.INDOAMERICAN-NEWS.COM

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Hundreds of U.S. Xerox Engineers Being Transferred to HCL Technologies of India Appelo, president of the Xerox Global Business and Services Group, said the primary motivation was expanding the scope and scale of innovation work.

Those workers are in such areas as product and software engineering and engineering infrastructure.

According to HCL, it currently employs about 6,000 in the United States, most of whom were hired locally, said company spokeswoman Avena Suri. While the company’s outsourcing strategy differs from client to client, “in most of the cases we hire client transfers as fulltime HCL employees,” she said.

But in similar situations, these outsourcing agreements often mean some workers being charged with training their outsourcing company replacements, while others stay as permanent workers for the outsourcing company but at lower wages Xerox is notifying its Wilsonville employees today that it has signed a deal to transfer 120 of them to an Indian company, HCL Technologies, but says that and lesser benefits those workers will stay put in their current jobs and current desks as Xerox than they previously contractors. “HCL will now handle certain aspects of Xerox’s mechanical, enjoyed, said Ron Hira, electrical and software engineering activities for printing and imaging product Rochester Institute of lines, specifically platform development, infrastructure and quality assurance,” Technology associate Xerox spokesman Bill McKee confirmed in an e-mail. professor of public policy and an expert hundreds of local Xeroxers become “If you look at how our market on outsourcing issues. employees of HCL Technologies is changing and how the place in In the agreement Xerox worked Ltd. which we operate is changing, out with HCL, pay and benefits U n d e r t h e d e a l f o r m a l l y the competiveness, the speed with for Xeroxers who transfer will be announced to Xerox employees which technology changes, it’s comparable to what they receive today, the company will transfer clear you need to be able to tap now, Langsenkamp said. And they roughly 600 of its 3,400 engineers into resources all over the globe,” will have the same around the globe to HCL. The Appelo said. “If we want to continue job guarantees, employees will continue doing to meet our own expectations and h e s a i d . H C L much the same work they did for come up with a competitive product Chief Executive Xerox, working on Xerox projects, portfolio, you need to have access Vi n e e t N a y a r said Shami Khorana, president of to a lot more skills than we have. stirred criticism HCL America.

HCL has 15,000 engineers on a in 2009 when he And in most cases, they will stay at global basis. It gives us access to a called American their same desks at Xerox locations, global talent base.” technology he said. “Normally the way it Any workers who decline the g r a d u a t e s works is we’re very, very sensitive transfer to HCL will be eligible “unemployable,” to benefits and compensation and for severance packages, Xerox comparing them everything is very similar,” Khorana spokesman Carl Langsenkamp unfavorably in said. “Sometimes one particular said. Xerox has been in discussions terms of their benefit which we may have better with HCL about the possibility discipline and realand Xerox not and another the other of workers at five locations — world preparation way around.”

Webster; Wilsonville, Ore.; El to counterparts Xerox declined to discuss Segundo, Calif.; and in the United c o m i n g f r o m financial terms of the agreement. Kingdom and the Netherlands — universities in But rather than cost savings, Willem being transferred to HCL. China and India.

By Mathew Daneman NOIDA (DC): Xerox Corp. has signed an agreement with an India-based information technology and software giant that will see

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Indian-American Chef Cartoz Bags $100,000 Top Prize with Upma Dish NEW YORK (DNAI): IndianAmerican chef Floyd Cardoz, the man behind New York’s now-closed Danny Meyer Indian restaurant Tabla, has taken home the $1,00,000 top prize in the third season of Top Chef Masters with a simple upma dish.

but “in the end, (he) impressed because of the spice and passion that infused his final meal of the season,” said The Wall Street Journal.

“The three-course feast also featured a rice-crusted snapper in a fennel-laced broth and a reinterpreted version of a Malaysian beef stew.

Our guess is that Cardoz won by doing exactly what he does at Tabla — that is, honouring his Indian gastronomic roots and finding a way to reinvent his native cuisine at the same time,” it said.

By winning, Cardoz joins the ranks of betterknown chefs Rick Bayless, of Frontera Grill in Chicago, and Marcus Samuelsson, of Red Indian-American chef Floyd Cardoz Rooster and formerly reinvents his native Indian cuisine.

Aquavit, both in New York, who won second Mumbai-born Cardoz, who beat and third season respectively, the out California luminaries Traci Des Huffington Post reported Jardins and Mary Sue Milliken for Next, Cardoz will head another first place, is donating his winnings Danny Meyer production, North to the Young Scientists Cancer End American Grill in Battery Park Research Fund at New York’s City, New York, it said.

Mount Sinai School of Medicine, The restaurant, which is calling in memory of his father, who died its cuisine “roof-to-table,” marks of cancer. a departure for the chef, who Cardoz divided the judges with focused on high-end Indian cuisine his inclusion of the popular Indian throughout his tenure at Tabla, the breakfast dish Upma in his meal, Post said.

Monster Launches Job Portal for NRIs NEW DELHI (I-F): Online job portal Monster.com announced the launch of its new website - Return2Home - targeting NRIs seeking jobs in India.

The portal would target job-seekers situated in the US, Britain, Canada, the Gulf region and the southeast Asia.

According to internal research of Monster between January and December 2010, there was a 65 percent growth in traffic of job seekers from outside India, with nearly three quarters of respondents, 74 percent, planning to return to India eventually or have already done so.

‘Today India has a projected gross domestic product of 9.1 percent, which presents a huge opportunity for corporate India, which is

witnessing reverse brain drain with many experienced and skilled global workforce looking at India with renewed interest,’ said Sanjay Modi, managing director (India, Middle East and Southeast Asia) at Monster. com.

‘Against this background, Monster launches Return2Home as a unique platform to engage with both employers and job seekers in finding the right opportunities. With this launch, we aim to strengthen our dominant position in the Indian recruitment market,’ he added.

Monster will also undertake aggressive online advertising campaign comprising of banner advertisements on its Indian, US, British, Gulf and Southeast Asian websites.

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Indo American News • Friday, June 24, 2011

IamTechnology

India’s Technology Hub Stops Google’s Street View NEW DELHI (MC): US Internet giant Google stopped collecting images for its ‘Street View’ service in India’s southern city of Bangalore after objections from police, officials say.

The company had begun collecting high definition images some three weeks ago in Bangalore, the first Indian city where the project

Google Street View’s images of cities made by a fleet of cars that photograph streets has been opposed by authorities across the world over security concerns.

Kumar said Bangalore was a ‘sensitive area,’home to key defence and science institutions like the Indian Space Research Organization that have been on the list of terrorist

technology capital, is home to about 1,700 information technology and biotechnology firms, including global software majors.

Google’s India subsidiary announced May 26 its plans to offer 360 degree views of streets in Indian cities to its users.

Google India’s product chief Vinay Goel told India’s CNN-IBN

Google provides street view images of cities, real photographs of public places. Unfortunately, this service can be a high level security hazard to India’s technology hub at Bangalore. Like the airport in Bangalore seen from above, such photos taken by a fleet of cars, can be used as targets by terrorists for planning future attacks. The city of Bangalore is considered India’s technology capital with over 1700 IT and Biotechnology firms, including global companies like IT, Nokia, Google amongst others

was launched.

‘They (Google) claimed to have clearances for the project from the federal Defence and the Home Ministry, but they have not produced the clearances despite our repeatedly asking them to do so,’ Bangalore additional commissioner of police T Sunil Kumar said.

‘The project has been stopped as of now. We will write to the federal authorities seeking a clarification,’ he said over telephone.

targets.

Google confirmed that it had received a letter from Bangalore police commissioner Jyotiprakash Mirji and said it had stopped its cars from filming on Monday.

‘We are currently reviewing the project. We have stopped our cars from filming until we have a chance to answer any question or concerns the police have,’ a Google spokesman said.

Bangalore, considered India’s

news channel that the team was ‘only driving on public roads and taking publicly available imagery.’

Last year, nearly 250,000 Germans forbade depiction of their apartment blocks and the Czech government also banned Google from taking photos for the service.

French authorities fined Google 100,000 euros (143,600 dollars) for collecting private information through the Street View project.

experience.

For those who love to game, this tournament will run across 44 Zapak Gameplexes in 11 cities, Delhi/ NCR, Chandigarh, Jaipur, Lucknow, Kolkata, Mumbai, Ahmedabad, Chennai, Bangalore, Hyderabad

FICCI, based on Indian Media and Entertainment Industry 2011, suggests that the Indian gaming industry is valued at 10.0 billion and is expected to grow at a CAGR of 31 percent to 38.3 billion by 2015. In addition, the report states that the mobile gaming segment might become a more competitive alternative to handheld consoles with 17.1 billion earnings expected through mobile gaming by 2015.

As a game changer in the smartphone industry, Sony Ericsson has invested in not only revolutionary devices, such as the Xperia PLAY, but also in marketing campaigns that are engaging for the end consumer.

This tournament is designed for users to have a “hands-on” feel of a Snapdragon-enabled gaming smartphone and in association with Zapak.com.

Sony Ericsson Announces Gaming Tournament in India NEW DELHI (SI): Sony Ericsson has announced “Be The Master of Games”, the mobile gaming tournament across 11 cities in India. Flagging off on June 24, the initiative will bring alive the immersive experience of the recently launched Xperia PLAY, the world’s first PlayStationcertified smartphone powered

by Qualcomm’s Snapdragon mobile processor with integrated Adreno graphics processor, bringing console quality gaming experience to end users.

The corporate gaming championship will be held across six cities, Delhi/NCR, Kolkata, Mumbai, Chennai, Bangalore and Pune. It will reach out to more than 100 organizations. Endorsing the spirit of teamwork, ?Be The Master of Games’ will present an opportunity for employees to showcase their gaming skills, show teamwork and be a part of a national

and Pune. Indian gamers will come together to compete for the title of Best Gamer and will have the opportunity to live the revolutionary technology on Sony Ericsson’s Xperia PLAY smartphone.

A joint report by KPMG and

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u Pratt & Whitney AircraftEngines uTC Selected by India’s Ministry of Defence NEW DELHI (RTTNews): Aerospace technology company United Technologies Corp.’s (UTX: News) unit Pratt & Whitney that its engines have been selected

by India’s Ministry of Defence, International Lease Finance Corp. or ILFC and All Nippon Airways (ALNPY.PK: News ,ALNPF.PK: News ,ANA.L: News )to power the Boeing and Airbus aircraft they ordered.

support India’s C-17s through the C-17 Globemaster III Sustainment Partnership, a performance-based logistics partnership between the U.S. Air Force, Boeing and Pratt & Whitney.

Boeing has delivered 232 C-17s featuring F117 engines worldwide, including 22 with international customers, Pratt & Whitney noted.

In a separate announcement, Pratt & Whitney said it has signed

Under a Letter of Offer and Acceptance signed with the U.S. government, the Defence Ministry of India will acquire 10 Boeing C-17 Globemaster III airlifters,

a definitive deal to provide engines for up to 100 Airbus A320neo family aircraft ordered by ILFC as part of an order announced in early March.

This agreement includes 120 firm PurePower PW1100G engines for 60 aircraft and options for up to 80 engines on an additional 40 aircraft.

Deliveries are likely to occur as early as 2015.

Under the deal, each ILFC A cross sectional slice of a Pratt & Whitney engine AirbusA320neo exclusively powered by four Pratt family aircraft will be powered & Whitney F117 engines. These by two PurePower PW1100G airlifters are scheduled to be engines. The PurePower engine delivered in 2013 and 2014. uses an advanced gear system, With this agreement, the Indian with double-digit improvements in Air Force will have the second fuel efficiency and environmental largest C-17 fleet in the world. emissions as well as a 50 percent Pratt & Whitney’s F117 team will reduction in noise.

Did you Know?

1. Hippo milk is pink.

2. The human heart will pump about 400 liters or about 800 quarts in its lifetime.

3. The human brain uses approximately as much energy as a 10 watt light bulb.

4. Jumping fleas can accelerate 50 times faster than the space shuttle.

5. In medieval Italy, if a man was caught kissing a woman in public, he had to marry her whether he liked it or not.

6. Lobsters have blue blood.

7. Yahoo! was originally called ‘Jerry’s Guide to the World Wide Web’.

8. The most productive day of the workweek is Tuesday.

9. The average company saves over $7,000 for each employee suggestion that is enacted!

10. The creator of the NIKE Swoosh symbol was paid only $35 for the design.

11. In Australia, Burger King is called Hungry Jack’s.

12. Oil tycoon, John D. Rockefeller, was the world’s first billionaire.

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IamgeneralInT n eresT

India’s Low-Cost Carrier Indigo Airlines to Start Delhi-Kathmandu Flight Operations KATHMANDU: Fares on the New Delhi-Kathmandu flight are poised to dip, to the joy of the budget traveller, as India’s low-cost carrier IndiGo readies to start operations to the Himalayan republic with seven trips a week.

The Gurgaon-based domestic airline, which announced it would go international from September with flights to Dubai, Singapore and Bangkok, can actually debut with Kathmandu in August if Nepal’s tourism and civil aviation ministry cuts through the red tape.

President International, IndiGo’s general sales agent in Nepal, said Indian civil aviation authorities have cleared the New Delhi-Kathmandu flight. Once the concerned Nepal ministry gives its nod, the Civil

Aviation Authority of Nepal will give the final permission.

With Nepal celebrating 2011 as its tourism year with a target of drawing one million air-borne tourists, President International said it would like to see the New

Delhi-Kathmandu flight kick off from Aug 4.

The flight will see brand new

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180-seater Airbus 320s with emphasis on low fares.

Currently, Jet Airways and Air India fly between the two capitals along with budget carriers JetLite and Spicejet. Bhutan’s national carrier Druk Air also transits in

Kathmandu.

The one-way fare on budget airlines is about Nepali Rs.7,000 ($97.80) While there has been no official announcement about IndiGo’s fare structure, reports say it could be as low as Nepali Rs.5,000, ($69.63) inclusive of taxes.

Though India remains Nepal’s closest neighbour in terms of geography, and Indian cities are barely 90 minutes away from Kathmandu, the comparatively high fare on this segment as well as to other Indian cities from Kathmandu - like Kolkata, Varanasi and Mumbai - acts as a deterrent in bringing a larger number of visitors to Nepal from India.

“Hotels in Kathmandu and other packages are extremely competitive,” says Sharad Pradhan of Nepal Tourism Board. “But the high fare puts off travellers. In comparison, fares from India to other countries like Thailand, Singapore and Malaysia are far cheaper.”

In the past, the advent of a budget Nepali airline, Cosmic Air with its promotional scheme of buy one, get one free, had been hailed by travellers and forced the other airlines to lower ticket prices.

However, the honeymoon did not last long as Cosmic had to stop flights due to internal problems.

NEWS REPORTER

KTRK-TV, an ABC O&O located in Houston, TX, has an opening for a full time News Reporter.

Candidates should have significant experience in general assignment reporting, including Live ENG and satellite work. Applicants must be able to develop contacts, enterprise good, hard news stories, and respond well to breaking and spot news. The ability to do features is important as well, although this is primarily a hard news position. Candidates must have outstanding writing skills and the ability to make good use of graphics and production equipment. This position includes weekend mornings.

All interested applicants must apply on-line at www.disneycareers.com by uploading a resume file, cover letter and list of references.

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India to Build World’s Tallest Freedom Statue

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AHMEDABAD (Telegraph): India’s freedom fighters. Going The Indian state of Gujarat has much beyond a structure, it will invited global tenders to help be developed as a research and build the world’s tallest statue academic centre for preserving the - a 182-metre memorial to an unity and integrity of India.” independence hero that will cost Known as the “Iron Man of $300 million.

India”, Patel played a major role in The towering 597-feet figure, the struggle for independence from which would reach almost British rule. halfway up New York’s Empire Aclose friend and ally of Mahatma State Building, will bear the Gandhi, with whom he shared a likeness of Vallabhbhai Patel, the prison cell, he became the leader of freedom fighter who guided India’s the Congress Party in 1934 and was integration into a united, independent nation.

Patel was born in Gujarat and the state government has been kicking the statue proposal around for some time, but now the plans appear to be moving forward.

In the latest edition of The Economist magazine, the government took out a full page Sardar Vallabhbhai Patel seen with Mahatma a d v e r t i s e m e n t Gandhi. Building the statue “the statue of Unity” inviting tenders to is going to be the pet project of Gujarat Chief provide consultancy Minister Narendra Modi who believes it will be a s e r v i c e s f o r source of inspiration for the future ages the project, including scrutiny a leading force in the Quit India civil and vetting of the structural disobedience movement. blueprints.

Patel’s lasting legacy was forged According to the advert, the statue in his role as India’s first home of Patel, which will be known as the minister, when he was tasked with “Statue of Unity”, will be built on moulding a united country from an islet in Gujarat’s Narmada river, hundreds of semi-autonomous a few miles downstream from the princely states and British-era giant Narmada Dam hydroelectric colonial provinces. project.

The monument, which will only It is a pet project of Gujarat be accessible by boat, will have Chief Minister Narendra Modi, lifts to take visitors to the top for a who believes the structure will be panoramic view from Patel’s eye. “standing high, not just in metres It will be four times the height of and feet, but much more in terms the Statue of Liberty and six times of academic, historical, national that of Christ the Redeemer in Rio and spiritual values.” de Janeiro.

“My vision is to develop the It would also tower 50 metres place as a source of inspiration for over the 128-metre Spring Temple ages to come,” Modi wrote in a Buddha in China’s Henan Province recent blog. which currently holds the title of “It will have a high-tech museum, world’s tallest statue. chronicling 90 years’ history of

NEWS PROMOTION PRODUCER

KTRK-TV, Houston’s #1 station and ABC/Disney owned, is seeking a talented producer-writer-editor with a passion for news promotion. This is a night-side position responsible for producing news topicals, sweeps spots and proofs. We’re looking for a team player with a great attitude who can stay cool in a high energy newsroom environment. At least three years experience in a competitive market is preferred.

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IamsporTsnews

Indo American News • Friday, June 24, 2011

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Rattlers Beat Panthers in TCC Spring 2011 T20 Taped Ball Tournament HOUSTON: Rattlers won the TCC Spring 2011 Taped Ball Cricket T20 Tournament. Rattlers beat Panthers by 8 wickets with 2 overs remaining in a high scoring match. Rattler won the deserving championship in the well fought out tournament that had 14 participant teams.

Panthers won the toss and elected to bat first on a sunny day. They got off to an explosive start scoring 40 runs in the first 5 overs due to aggressive batting from Sreenivas (26 runs). Rattlers struck with Adithya getting the wicket of Sreenivas. The score at the end of 10 overs was 64/4. Panthers raced to a score of 90 in 13 overs due to lusty hitting from Bijeesh (26 runs). He got out to Karthik and Rattlers seemed to have controlled the scoring rate when Vamsee played a blinder of an innings to score 31 runs in quick time. At the end of 20 overs, it was an impressive score of 147/8.

Sarang was the pick of the bowlers with 3/34 supported by Ram, Adithya, Karthik and Mahesh for crucial breakthroughs. Each of them picked up one wicket.

Rattlers got off to their best start of the tournament thru Vinod (57 runs) and Satish (61 runs). They scored at 9 runs per over in the first 5 overs.

At the end of 10 overs, the score was 83 for no loss. The opening partner partnership was broken only after 117 runs were scored. Panthers tried every trick but Satish and Vinod treated

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Runners up (Panthers) with Yogesh Patel

the bowling with aggression laced with sweetly timed shots in the gaps and sent the ball to all parts of the ground with great ease and they complimented each other with aggression and caution alternately. By the time both the openers got out, the match was almost but won. Mahesh settled any nerves with a huge six to bring Rattlers close to victory. The game had high quality great umpiring from two neutral umpires Natraj and Jagan.

The game was followed by a well organized prize distribution ceremony arranged by TCC. The presentation party had Nanda Kumar president of TCC and HCL, members of TCC EC (Roshan, Krishna and Sreenivas) and

chief guest was Mr. Yogesh Patel, President of the South Texas Youth Cricket Association and former president of HCL. Yogesh Patel was honored with a memento by TCC. Jagadish Biradar, organizer for TCC Taped Ball tournament coordinated the presentation cer ceremony.

Sarang, the captain of Rattlers was presented with the championship trophy and Vamsee, the captain of Panthers was presented with the runners up trophy. The players of the winners and runners up received individual trophies.

Man of the match for the finals was Satish from Rattlers.

Winners (Rattlers) with Mr. Yogesh Patel

Panja from RCC won the Best Batsman trophy with 326 runs.

Murali from Saints won the Best Bowler trophy with 13 wickets.

Kunal from Saints won the Best All Rounder trophy with 156 runs and 9 wickets. Trophies were also given to the man of the match for Semi Finals

and Quarter Finals. Adarsh from Panthers and Sarang from Rattlers were the recipients of the man of the match for Semi Finals. Amin from Chargers, Sreenivas from Panthers, Satish from Rattlers and Ranjit from RCC were the recipients of the man of the match for Quarter Finals.

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Indo American News • Friday, June 24, 2011

37

India Lose to Qatar 3-1 in Pre-Olympic Qualifier Force India Gears Up for European GP

QATAR (IBN): India Under-23 But India’s lead didn’t last long a host of chances with the first one went down 3-1 to Qatar Under-23 in as Hassan Al Haidous found Al falling to Al Ansari, who turned the first leg of their first round Pre- Khalfan with a delightful through away brilliantly from Arnab Mondal Olympic qualifier (AFC) at the Al pass and the latter finished it by but his effort was off target.

Sadd Stadium in Doha, Qatar. rounding off Kattimani to make A minute later the hosts went Jeje Lalpekhlua gave Bulpin’s it 1-1. in front when skipper Hassan boys an early lead and goalkeeper The goal seemed to galvanize Al Haidous’ scorching effort Laxmikant Kattimani saved a the Qatar side as they started from distance found its way past penalty but goals from Al Khalfan, outplaying India in midfield and Kattimani.

Hassan Al Haidous and Mohammed were threatening to take the lead.

The Dempo custodian was caught El Neel gave the hosts a thoroughly India’s best form of attack where out by Haidous’ speculative effort deserved victory. and it gave Qatar a Desmond Bulpin deserved lead. named seven Indian India were getting Arrows players in totally outclassed and the starting lineup outrun by their Qatari and opted for the counterparts and the tried and tested 4-4score only remained 2formation.Dempo 2-1 because of some keeper Laxmikant poor finishing from Kattimani got Qatar. the nod ahead of Al Ansari was Gurpreet Singh guilty in particular and Sandhu in goal. midway through the PuneFCdefender second half he wasted Gurjinder Kumar a golden chance from started at left back six yards as he could with Chirag’sArnab only hit the bar.

Mondal partnering But India couldn’t Raju Gaikwad at clear away the the heart of the danger and substitute central defence Mohammed El Neel while Abhishek saved Ansari’s blushes Das featured at India’s forward, CS Sabeeth in play in the first round at the by netting Qatar’s third right back. after finishing off an Al Sadd stadium, Doha, Qatar The midfield four easy chance from close was entirely from the Indian Arrows the long throws of Raju Gaekwad, range. side while C.S. Sabeeth, the hero of which kept creating problems for Coach Bulpin introduced Zakeer the second leg against Myanmar, the Qatar backline.

Mundampara in place of Shilton partnered Jeje Lalpekhlua upfront.

Five minutes before the break D’Silva but the Churchill playmaker Both teams started nervously as India created their best move of the couldn’t really make an impact as there were mistakes all over the match with Jeje at the heart of it. The India struggled to get hold of the pitch but the Indian midfield did Mizoram born striker exchanged ball. press high up the pitch and won a passes with Jewel Raja but before Raju’s Long Throws Was India’s series of throws. he could take a shot on goal Qatar Best Form Of Attack Skipper Raju Gaikwad, who wingback Murad Naji got back at The young Indian side could only is a long throw specialist, caused the vital moment and diverted it for create half chances from Raju’s problems with his long throws and a corner, from which India couldn’t long throws as Qatar enjoyed from one such throw India took the capitalize almost seventy percent of the ball lead through Jeje.

Qatar kept dominating possession possession.

Raju’s long throw from the left but India limited them to very few Arnab Mondal did have a free flank wasn’t dealt with by the Qatar clear cut chances and went into the header from a Lalrindika Ralte backline as India kept the ball alive break all square. indirect freekick but it was straight with Jeje eventually slotting the Bulpin’s side started the second into the hands of the Qatar keeper ball home. half well as the midfield pressed Saad Al Sheeb.

The goal got the Indians in the the ball high up the pitch and won a In injury time, Jeje did crowd excited but at the other end throw in a promising position. Raju exceptionally well to win a freeArnab Mondal fouled Abdul Aziz produced another gigantic delivery kick just outside the box, which Hatem to give away a penalty. but unfortunately no Indian player Lalrindika Ralte took but it lacked Qatar skipper Hassan Al Haidous could get on the end of it. quality and was easily held by Al stepped up to take the spot kick After that it was all Qatar as Sheeb. but it was a poor attempt and was India just couldn’t get going in the From that freekick Qatar countersaved by Kattimani, much to the remainder of the second period and attacked and could have easily delight of his teammates and the looked tired. made it 4-1 but Mohammed El Indian fans.

Bernard Simondi’s team created Neel’s effort from close range was

VALENCIA (DNAI): After a disappointing show at the Canadian Grand Prix, Force India vowed to bounce back in Valencia leg of the Formula One this weekend and collect some points.

Paul Di Resta ended 18th, while Adrian Sutil failed to even finish in Montreal but the chairman and team principal Vijay Mallya said his team would take the disappointment on the chin and move forward.

“It was a weekend of unrealised potential for Force India (in Canada).

The luck did not go our way and both drivers were a little overenthusiastic. This is all part of racing and we will take the disappointment Lead driver, Force India Grand on the chin and come back stronger Prix, Adrian Sutil admits that next time,” Mallya said. “It was all Valencia is not one of his favorite the more frustrating because the tracks VJM04 was extremely competitive, I got lucky in the race with the we had a good strategy and we safety car and made up quite a few missed a chance to pick up some positions to finish sixth. It would be big points,” he added. great to have another result like that Lead driver Adrian Sutil admitted to make up for the disappointment that Valencia is not one of his we had in Canada,” said Sutil. favorite tracks but hopes to come Paul Di Resta said he is looking up with a strong show at the venue for a top 10 finish in the qualifying. where he had finished sixth last year. “In terms of my objectives, I think “To be honest the track is not one I’d be fairly happy if we can be of my favorites. The lap is made up pushing to make the top ten in mainly of straights and hairpins so qualifying and racing for points. it’s not the most challenging place Valencia Grand Prix starts on June to go racing.

24 - 26, 2011.

Although the walls are close, Visit www.valencia grandprix. it doesn’t really feel like a street org for details. circuit and it’s nowhere close to racing in Monaco. “I have good memories in Valencia, especially from last year’s race.

Although w e struggled in qualifying, Valencia Grand Prix Circuit brilliantly saved by Kattimani onto the bar as India escaped.

Bulpin’s boys now have a real job in their hands in the second leg, which takes place at the Balewadi Sports Complex in Pune on Thursday 23rd June.

India Under-23 Staring Lineup: Laxmikant Kattimani; Abhishek Das, Arnab Mondal, Raju Gaikwad (Captain), Gurjinder Kumar; Lalrindika, Jewel Raja, Shilton

INDO AMERICAN NEWS • FRIDAY, June 24, 2011 • ONLINE EDITION: WWW.INDOAMERICAN-NEWS.COM

D’Silva (Zakeer Mundampara 72’), Jibon Singh; Jeje Lalpeklua, CS Sabeeth.

Unused Subs: Deepak Devrani ,Saba Saleel, Anthony Barbosa, Snehasish Chakraborty, Manandeep Singh, Gurpreet Singh Sandhu Goalscorers: Jeje Lalpekhlua (India) 7’ Al Khalfan (Qatar) 14’, Hassan Al Haidous (Qatar) 54’ & Mohammed El Neel (Qatar) 68’

38

Indo American News • Friday, June 24, 2011

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Desi Sabzi Mandi Hilcroft Location: 713-780-4289 Indo AmerIcAn news • FrIdAy, Ay, JUne 24, 2011 • Online editiO A ditiO ditiO On: n: www.indOamerican-news.cOm

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Indo American News • Friday, June 24, 2011

Online Edition: www.indoamerican-news.com

Indo American News • Friday, JUNE 24 , 2011 • Online Edition: www.indoamerican-news.com