Desi ILLUMINITI Campaigns for LPG MAFIA

Desi ILLUMINITI Campaigns for LPG MAFIA


Troubled Galaxy Destroyed Dreams: Chapter 202

Palash Biswas

India Inc. - Wikipedia, the free encyclopedia
31 Jan 2009 ... India Inc. is a common term used by the Indian media to refer to the corporate sector of the nation. The Companies Act 1956 allows a variety ...
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India Inc.
News, Analysis & Opinion about Indian Business. ... » Coming Soon: Low Cost iPhone 3G for India sans Wi-Fi. Unlike North America, iPhone in India has been a ...
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Muhyiddin: Vote wisely

Umno deputy president Tan Sri Muhyiddin Yassin told the voters in the three by-elections of Bukit Gantang, Bukit Selambau and Batang Ai have been urged to vote wisely to ensure continuous developme...
http://www.youtube.com/watch?v=PaQShetNghY



Jaago Re Commercial

Jaago Re ad campaign from Tata Tea and Janaagraha

http://www.youtube.com/watch?v=JXWdhB1xYic


Jaago India Jaago !






http://www.youtube.com/watch?v=JXWdhB1xYic


Priyanka Gandhi campaigns in Amethi on Saturday. Picture by Rajesh Kumar ... | Read


BJP offers power to religion
Advani writes letter to leaders of all faiths
L.K. Advani has promised an institutionalised mechanism to allow religious leaders to get involved in the country’s governance if he becomes Prime Minister. ... | Read..

http://www.telegraphindia.com/1090412/jsp/frontpage/index.jsp

Fourth Front?s bid to change post-poll equations
Merinews - ‎Mar 30, 2009‎
In case it happens they will become a lethal force in Indian politics and may open a new chapter in political dynamics, changing all the equations in their ...
The Life and Times of an Indian Home Maker: The Jago Re Effect.
A friend called to say they had gone to get the forms, for inclusion of name in electoral roll, after seeing the Jago Re advertisement. ...
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IT majors endorse Jago Re campaign
19 Nov 2008 ... BANGALORE: ‘Jago Re’, a campaign by Janaagraha, a Bangalore-based NGO, and Tata Tea has now got support from Infosys and Wipro. ...
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Desi Models - Blogs, Pictures, and more on Blogged
PROTOCOLS Complete in India as the RULING BRAHAMINICAL HEGEMONY as well as DESI ILLUMINITI ZIONIST finalises the SURVIVAL STRATEGY! ... creative clothing ...
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RSS in Genocide Culture, Hinduization of Nationalities, Salwa ...
UPA, NDA and the LEFT are EQUAL partners of GENOCIDE Culture led by LPG mafia and are dictated by WASHINGTON as well as by DESI ILLUMINITI. ...
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RAMDEV RAMA ARROW LAUNCHED by ILLUMINITI MEDIA to Sustain ZIONIST ...
RAMDEV RAMA ARROW LAUNCHED by ILLUMINITI MEDIA to Sustain ZIONIST WHITE ... and MIND CONTROL ably assisted by the DESI ILLUMINITI in making and the MEDIA! ...
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Everything about illuminiti - Yahoo! Glue
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Desi Illuminiti campaigns HARD CORE for LPG Mafia!



BEST PM


Manmohan Singh
Narendra Modi
L K Advani



PRIORITY ISSUES
Anti-terror mechanism economic revival inclusive growth



FUTURE PM


Rahul Gandhi
Jyotiraditya Scindia
Omar Abdullah



The corporate honchos want no Third Front regime and would rather have Gujarat chief minister Narendra Modi than BJP’s PM candidate L K Advani leading the country in case the National Democratic Alliance (NDA) regains power, they told a SundayET-Synovate CEO poll.



According to the poll, conducted among 198 Indian CEOs chosen from ET-500 companies between March 20 and April 1, 68% of the CEOs want the UPA government to continue, even though a majority of them believe the Vajpayee-led NDA government was better in most parameters.



Meanwhile, Holding toxic assets in their balance sheets has led to the fall of many great financial institutions around the world in the last 6 to 7 months. But in what may come as a big relief, India is currently ranked among the top 5 ‘healthy’ nations (in terms of non-toxic assets) as 79% of the country’s market capitalisation is healthy, according to investment bank Nomura Group.



Football may be a poor cousin of cricket in the Indian sports arena, but the game has earned India-born business tycoon Lakshmi Mittal a Barons & their sports assets place in yet another rich list- the world's richest soccer club owner. In a ranking of the world's 10 richest owners of professional soccer clubs, Mittal has been named at the top by American business publication Forbes and is the only person in the list with India connection.



Reliance Industrial Infrastructure Ltd (RIIL), an infrastructure development company promoted by Mukesh Ambani, on Sunday said there are no plans to merge the firm with Reliance Industries or any other entity.


The Media Projection of UPA lead with Next Prime minister face Dr Manmohan Singh, the TRUSTED Faithful Super slave of US Zionist Corporate WAR ECONOMY is only an INTEGRAL part of STRATEGICAL marketing, nothing else!



Desi ILLUMINITI has overtaken the KEY Control of DECISIVE VARNA Yuddha, the All Out caste War to sustain Zionist Apartheid Brahaminical Corporate Manusmriti Rule with VOTE WISELY campaign supported by Baba Ramdev, Shankaracharyas and Media Heads and icons!


We have watched how the Desi Illuminiti in shaping,India Inc and SATYAM Astayam, have been HARVESTING the FALSE Recession! We know well how National Revenue and Income have been PUMPED into Greedy Money Machine By FINMIN, RBI and GOI bypassing Parliament and
killing the constitution!



In Bengal, we have seen the Singur High Drama involving NANO SHIFT so hyped! It was just a RESCHEDULING of NANO Launch mandatory after the Bankrupt AIG pulled Tata Motors so hard coinciding the global Auto Slow down!



The World has witnessed how the Great RECESSION took over EUROPE as the capitalists diverted capital elswhere!



We see how India Inc, overfed by Bail Out, waivers, FDI, Exemptions and concessions does divert Indian Money abroad!



DESI Illuminiti targets DISINVESTMENT all over!



FIRE and Hire!



Humanoids all over.



FDI.



SEZ.



DEPORTATION DRIVE and DEMOGRAPHIC ETHNIC Cleansing!



Nuclear Energy.



Defence deals and kickbacks, Unregulated Profit in Sports and Entertainment and Sovereignty of Market, RETAIL Rural Chain and BONDED Farming to promote Chemical Biological War fare in RURAL and Agriculture sector.



Prohibited Chemicals are to be produced in India creating sequel of Bhopal as well as NAGASAKI and HIROSHIMA!



COST line Security Act, Forest Law and environment laws are violated for Chemical hubs, PCPIR and Nuclear parks!



Thus, the India INC is all out to save DR Manmohan and the UPA.



So , it is all over SHINING India!



FREESENSEX India!



And the SINGH is the KING!



Hence, the MEDIA, Intelligentsia and Psephologists have FIELD DAYS ahead!



Because Post Modern TRI IBLIS Global Order Zionism centres around Monopolistic aggression and Mass Destruction of Indigenous, Aboriginal and Minority Communities.Only the BRAHMINICAL and MILITARY Hegemonies do save the US Corporate and INDIA INCs interests.



Neither the NDA happens to be against the STRATEGICAL Realliance in US and Israel lead.

Only yesterday, I posted the E- BOOK released by SHEETAL Makram exposing the MOSSAD and CIA role in disturbances in South Asia, the reality of Mumbai Carnage and the REALI AGENDA of War against Terror.



I won`t repeat.



Thus, neither the SC nor OBC leaders have any space in the CHOICE list of India inc! Later, Priyanka Gandhi has also made it clear that she is also in the FRAY!



Long before the real war, INDIA Inc initiated the GAME projecting Narendra Modi as the NEXT Prime Minister rejecting the RSS choice LK Adwani as well as the KING SINGH!



Mind you, Rahul Gandhi,Jyotiraditya Scindia and Omar Abdullah have been projected as Future prime Ministers! But very strangely a VETARN like SHARAD Pawar, favourite of the Promoter corporate builder lobby is not considered at all as he remains a OBC!



Mayawati,Lalu, Mulayam and Jailalita may be TAINTED while the ICONS of UPA and NDA had never been so MILK WHITE as far as CORRUPTION and manipulation, Kickbacks and Swiss bank acounts are concerned!



Why do the Dalit leader Ram Vilas Paswan or OBC leader NITISH Kumar, considered as CLEAN and Competent not find any place in INDIA Incs choice List?


Just remember the JYOTI BASU Historical Blunder!



Bengal has thrown Non Brahaminical National Icons like Swami Vivekanand, Netaji Subhash Chandra Bose and CR DAS all belonging to SHUDRA KAYASTHA Community during British colonial rule. But in Post Independence India, since the BRAHMIN BANIA Raj captured the STATE Power thanks to the Greatest Bania MK Gandhi, Bengali Kayasthas are as much as SIDELINED as the RAJPUTS in the rest of the country.



The Rajpust still hold eighty percent of the land Property but they have lost Political lead!



In Bengal, DR BC Roy had been IMPORTED right from United States of America to DISLODGE the East Bengal rooted kayastha Prafulla Ghosh. Roy was used to tame the ARAMBAGH kayastha lobby of PRAFULLA Chandra Sen and Atulya Ghosh!



Sen and the Two GHOSH were the KAYASTHA leaders from Bengal!



Bengali Brahmins betrayed Netaji, the Kayastha!



Brahmins Captured RAMKRISHNA MISSION sidelining Swami Vivekanand, once again Kayashtha!



Vivekanand and Sister Nivediata were not allowed to enter Dakshineshwar Temple by the BRAHMINS as PIRALI Brahmin inflicted by muslim connection, Ravindra Nath Tagore, was stopped on the gate of PURI Jagnnath Mandir!



Ideology is the greatest Illusion , ROMANTIC enough to sacrifice life for the Generation Next!



My generation of seventies realise it very well!



But believe me, Ideology did nothing wrong to stop Basu to become the FIRST Marxist Prime Minister!



Simply the MALYALI and Bengali Brahmins PULLED the Kayastha Comrade down to sustain the Brahaminical Hegemonies in the centre.



Mind you, the KAYSTHA Bengali Icons Vivekanand, CR DAS and Netaji are the only persons who had Challenged the BRAHMIN Bania RAJ most Potentially!



Basu was the greatest Challenge as MAYAWATI emerged in this VARNA YUDDHA!



Very soon, the BRAHAMINICAL Marxist HEGEMONY replaced BASU for BRAND BUDDHA, again a BRAHMIN in the Writers!



It is a PURE FASCIST Chemistry of Genocide Culture misusing the Marxist party and Ideology as well!



Now, BUDDHA throws his hat in the ring! He is also a PRIME Minister candidate, most probably to be supported by Malayali as well as Bengali Brahmins!


Infosys fires 2,100 for poor performance!



India Inc's poll verdict is out. Captains of corporate India clearly don’t keep their politics separate from their business: reeling under a global economic slowdown, they have become extremely risk-averse and want the Congress-led United Progressive Alliance (UPA) government and Prime Minister Manmohan Singh to continue after the coming Lok Sabha elections.



Market may correct 15% post election: Merrill Lynch



Over the next 6-8 weeks, Merrill Lynch expects concerns of a hung Parliament post-election and expected slowing in corporate earnings will likely worry the market. “We believe this could lead to a 15% correction in the markets,” the investment bank says in a report.



On the elections, the brokerage believes (a) there will likely be a hung Parliament i.e. none of the three combinations - Congress-led UPA, BJP-led NDA and the Third Front - will be able to come to power (b) post-election results new alliances are likely -regional parties like BSP and AIADMK will be important (c) the probability of a Third Front government coming to power is still low but increasing in its view.



“Our best case scenario would be a Congress government but with the Left being a key ally in it,” it adds.



According to ML, most of the present alliances are fluid and many parties would be willing to reconsider their alliances post-elections. “We think 2 regional parties - Mayawati’s BSP and Jayalalita’s AIADMK would play a crucial role in deciding the Government. The role of the Left parties, though weakened, should also be important,” ML says.



Despite the break-down of seat sharing with Mulayam Singh’s SP in Uttar Pradesh and Laloo Yadav’s RJD in Bihar, ML thinks both will continue to be part of the Congress-led UPA. The investment bank thinks the UPA still has a slight edge since they can get Left support again. The BJP-led NDA, on the other hand, could need the support of BSP, Jayalalita’s AIADMK, Naidu’s TDP as well as its old ally BJD.



Traders look forward to the fourth quarter earnings season, which will kickstart next week and is expected to dictate the market trend in the coming days. Political uncertainty will also play on the minds of investors as India goes to the polls in the forthcoming week.



Volatility may remain high as traders are likely to trade with caution given the truncated week of trade ahead with the Indian bourses shut on Tuesday on account of Ambedkar Jayanti.


It's the earnings, stupid. Optimism that the fortunes of financial companies like Citigroup were improving sparked a four-week rally Cashing in on your money beginning March 10 that drove the Standard & Poor's 500 index up 25 per cent. But now investors will find out exactly how companies across all industries performed during the first three months of the year. Those quarterly results will determine whether the surge was the beginning of a bull market, or just a blip.



After all, the market's last promising rally was derailed not by jobs data or an emergency federal bailout but by forecasts from companies that make everything from computer chips to tin cans to movies.



The S&P 500 jumped 182 points, or 24 per cent, to 934 between Nov. 20 and Jan. 6. The next day, technology bellwether Intel Corp., aluminum producer Alcoa Inc. and media giant Time Warner Inc. all issued grim earnings guidance. The S&P dropped 28 points, or 3 per cent, that day and hasn't returned to its early January levels since.



The current rally also began with a company announcement. This time, beleaguered and bailed out Citigroup Inc said March 10 it was profitable for the first two months of the year. The S&P 500 gained 43 points, or 6 per cent, that day to 719. The index closed Thursday at 857, and markets were closed on Good Friday.


“The CEOs do not want to upset the apple cart and want continuity, UPA’s below par performance against NDA notwithstanding,” Synovate India managing director Mick Gordon said. A majority of respondents rated the NDA regime of 1998-2004 way ahead of the incumbent UPA in IT, telecom and infrastructure development, as well as in creating jobs. This was challenged by minister of state for Industry and Congress spokesperson Ashwani Kumar.



“Compared to the track record of growth during the NDA regime which did not cross even 5% on an average GDP basis, the performance of the UPA on the economic front is way ahead of the NDA,” he said. Despite their higher rating of the NDA government, 55% of the CEOs polled back the UPA for its ability to turn around the economy and 54% felt UPA will do a better job in restoring business confidence.



Also, Manmohan Singh is not just the choice of UPA chairperson Sonia Gandhi for the country’s top job, he has the backing of 39% corporate czars. But the CEOs defer with the NDA’s choice. While 29% CEOs wanted Modi to be the next PM, only 15% wanted the 82-year-old Advani to lead the country. Luckily for Mr Advani, the CEOs’ votes are no bigger that the peons’ in this election. And he has enough political support.



“Mr Advani is NDA’s prime ministerial candidate and he is widely accepted by all constituents,” said Shiv Sena leader Suresh Prabhu, ruling out any rethinking in line with India Inc. Mr Advani can take heart from the fact that he is much more acceptable among the CEOs than UP chief minister Mayawati, the front-runner for the top post in case the Left-led Third Front forms the government. Ms Mayawati got support from 4% CEOs. According to IL&FS Infrastructure MD O P Agarwal, it’s not the party but individual ministers that matter for industrialists.



“Individual ministers make all the difference. So far as infrastructure is concerned, no party philosophy is different at all,”he says.


As many as five Indian companies including Tata Group firm Indian Hotels, footwear firm Bata India have been named in the list of world's 10 most admired cos
India’s 10 best employers

25 'unsung' innovative companies by the BusinessWeek magazine.



According to a list compiled by the BusinessWeek 'The world's 25 unsung innovative companies' includes firms which have failed to get a position on the the list of world's most innovative companies but are likely to become household names like Apple, Google in the next 10-20 years.

The other three Indian firms on the list are - Bajaj Holdings & Investment, Nadir Godrej-led Godrej Industries and private sector lender Yes Bank.

"Apple, Google, Toyota, and Microsoft--the corporations at the top of this year's Most Innovative Companies ranking are household names the world over. But they wouldn't have all been winners 10 or 20 years ago. The same may be true 10 or 20 years from now," the magazine said.

The 'unsung' list is based on a Boston Consulting Group survey of senior executives across the world when asked to name an innovator others would not think of.

About Indian Hotels, which runs the luxury hotel chain of Taj Hotels & Resorts, the magazine said, "its slick and modern accommodations and attentive service, which it attributes to a merit system that links employee pay to customer satisfaction ratings."

About the footwear retailer Bata India the magazine said, "whether it be canvas sneakers, high heels, or rubber flip-flops, the products are known for their durability and Indian flair."

Bajaj Holdings & Investment formerly known as Bajaj Auto, operates through two arms-- financial and investment services, while the other manufactures two-wheeled vehicles.

Another Indian firm Godrej Industries which makes and sells bulk chemicals and edible oils has also been named among the unsung list.

About Godrej, the magazine stated that," the company is developing customer-relationship software that will enable buyers to track orders and transactions and receive updates through personalised Web pages."

Further, about Yes Bank it stated that bank had carved out a niche in the India by using technology to keep costs low while providing "value added services" to its customers.

Apart from the five Indian entities, Bangladesh's Grameen Bank founded by Nobel Peace Prize winner Muhammad Yunus has also reserved a seat on the list. Interestingly, 97 per cent of Grameen Bank's client are women.

Other companies on the list include Alibaba.com, women's apparel maker Bravissimo, vaccum cleaner firm Dyson Direct, publishing house Future, technology consultancy Grupo Inforges, video entertainment firm Hulu and design consultants Ideo.



Third Front PM only after election: Buddhadeb

With NCP Chief Sharad Pawar having hinted that he was in the race for Prime Minister's post and expected Left support, West Bengal Chief Minister Buddhadeb Bhattacharjee emphatically said that the PM of the Third Front would be decided only after the Lok Sabha elections.
"All parties in the Third Front will first sit together and formulate policies and after that who would be the Prime Minister will be decided," Bhattacherjee said.

Claiming that the Third Front was gaining strength he said, "Devi Gowda, Mayawati, AIDMK, TDP and Left parties are there. BJD has severed links with BJP. Mulayam Singh is there.

And, Sharad Pawar had also said he is there. Can we not form the Government?" he asked at a Left Front Lok Sabha election meeting here.

The "wrong policies" of the Congress-led UPA had led to allies deserting it one by one. "The only job Manmohan Singh has done in five years is sign the nuclear deal with the US, which is against national interest."

Priyanka Gandhi

Priyanka Gandhi on Sunday gave the first indication that she was not averse to joining politics and spoke of the possibility of her brother Rahul Gandhi becoming the prime minister 'one day'.
The Congress was quick to welcome Priyanka's statement but would not speculate on "when" she will join politics.

"As I am growing older, I'm realising that 'never' is a bad thing to say. So I'm not going to say never," 37-year-old Priyanka, who had till now clearly refused to join politics and had only campaigned for her mother Congress chief Sonia Gandhi and brother, told reporters.

However, she added,"...but I certainly don't see it.

I don't feel that (joining politics) is what I would do."

Priyanka said Rahul, who is contesting from Amethi, is qualified to be the Prime Minister, but Manmohan Singh will assume the post again if Congress wins the Lok Sabha polls.

"I have full faith in my brother. He is hardworking.

He means well. He is, according to me, qualified.... So, one day he will. He will do a good job of it," she said, when asked whether she thought her brother was qualified enough to hold the top post.

The Congress' star campaigner in this high-profile constituency, quickly added that the next Prime Minister, if Congress comes back to power, will be Manmohan Singh.


Priyanka retorts to Modi’s remark: ‘Do I look old to you’

Amethi "Do I look old to you". This was how Priyanka Gandhi reacted to Gujarat Chief Minister Narendra Modi's description of the Congress as a 125-old woman, who has become a burden on the nation.
Priyanka, who was campaigning for her brother Rahul in Amethi Lok Sabha constituency, made the brief reaction to reporters who asked her about the BJP leader's attack on the Congress party.

Modi is under attack from Congress leaders on his description of the party attacking him as losing his balance and using offensive language.


Never in the past, Prime Ministerial candidates had become a major issue in the Lok Sabha polls like this time when gloves are off from rival sides.
Prime Ministerial candidates of all hues have become the favourite punching bags like never before, be it Prime Minister Manmohan Singh of the UPA or Leader of the Opposition L K Advani of the NDA.

The field is wide open in the Third Front for the top job but the alliance is itself being poked fun at over the ticklish issue.

Not a day passes when rival sides fail to target the Prime Ministerial candidates with BJP projecting Singh as a ‘weak’ leader and Congress hitting back showing the ‘dismal’ record of Advani as Home Minister.

Singh has been challenged by the BJP for a TV debate and the 76-year-old leader, who recently underwent a bypass surgery, is being asked by the saffron forces that why he was not contesting the Lok Sabha elections.

While no leader is being projected as the Prime Ministerial candidate by the Third Front, the grouping is itself being ridiculed as an alliance still in search of a Prime Minister.

Targeting the fledgling Third Front on the issue of Prime Ministerial candidature, leaders of both the UPA and the NDA claim that it would collapse like a pack of cards on the leadership issue with several ambitious politicians in its ranks waiting for the 'big' opportunity.

India Inc needs to focus on core biz, consolidation: Deloitte
Amid global economic downturn which has impacted the earnings of companies, India Inc now needs to focus on core businesses in the new
financial year and head towards consolidation, international audit and consultancy firm Deloitte says.

"Corporates after their initial aggressive cost cuts, trimming of work forces, etc would now need to focus on their core businesses in the new financial year. Consolidation of their resources, manpower, markets and business intelligence will be the inevitable corrective measures," Deloitte Haskins & Sells CEO and Managing Partner Udayan Sen said.

Further, Sen advised that even in this economic situation, India Inc can be cautiously optimistic and look at the crisis as an opportunity.

As governments is taking necessary domestic measures to ensure that financial institutions and companies adhere strictly to high standards and conduct, it should be accompanied with greater international co-operation and coordinated action in this regard.

"India will bring to the global discussions considerable weightage and meaningful contribution for a more credible and viable financial structure. The instances of financial imprudence, which can put global welfare at jeopardy, cannot be allowed to happen again," Sen added.

Asked about the corporate governance standards for Indian firms in light of the IT firm Satyam scandal, he said,"There is a need for strengthening oversight mechanisms for rules which are clear, transparent and uniformly applied... Some companies that over-extended or were brazen in their attitudes have caused losses to shareholders."

Such incidents highlight the need for stronger corporate governance and there must be clear principles of accountability when such losses take place, Sen added.

Deloitte belives that the traditional Indian values emphasised saving wisely, investing productively and not borrowing more than the capacity to repay, hold valuable lessons for the business world.

Banks expect RBI monetary policy to be benign

Ample liquidity and banks not fully responding to policy signals, might prompt Reserve Bank to announce a benign monetary policy stance in
its annual review on April 21, bankers have said.

"Rather than cutting the key-rates further, they (RBI) may wait for the full transmission of already taken monetary and fiscal steps into the system. I do not expect a further cut in CRR at this point," Bank of Baroda's Chairman and Managing Director, M D Mallya told PTI here.

RBI Governor, D Subbrao told bankers recently in clear terms that they were yet to respond to the desired extend to the policy signals by lowering lending rates.

Reserve Bank cut its Cash Reserve Ratio, amount banks need to park with apex bank, and repo rate--the rate at which it lends to banks, to five per cent in March. It also reduced the reverse repo rate--at which RBI accepts short-term funds from banks, to 3.5 per cent.

Some banks have responded positively but they are yet to cut lending rates as much as the policy warranted, Subarao had said, implying that banks should lower rates further before the apex bank contemplates further reduction in key-rates.

Kashmiri separatist Sajjad Lone to contest LS polls

Srinagar Breaking away from the separatist ranks, People's Conference leader Sajjad Lone announced his decision to contest the upcoming Lok Sabha elections, becoming the first secessionist to join the democratic process.
Making the announcement at a press conference in Srinagar, 42-year-old Lone said that he was aspiring to enter Parliament to raise the voice of Kashmiris.

He noted that Pakistan or "some agencies" may not like his decision but underlined that he needed to make a bid to reach Parliament as he wanted "bigger platform" to "represent Kashmiri people".

Lone, son of one of Hurriyat Conference's founder leaders Abdul Ghani Lone, said he should not be "pre-judged" but allowed to pursue his "new method" of the same "ideology".

"Give me a chance... Pray for my victory," he said. "I will not alter my ideology but it is my method," Lone said.

Insisting that his decision would not affect the separatist cause, the People's Conference leader said "separatism is much bigger than a separatist".

Giving reasons for his decision, he said he had "no choice" as no space was given to him by the Hurriyat Conference.

"I am not seeking any power. If I had wanted power, I would have contested Assembly elections," Lone said. At the same time, he claimed that it was not any "victory" for Indian democracy.


Worst behind us, growth rate improving: Adi Godrej

MUMBAI: Noted industrialist and Chairman of the Godrej Group, Adi Godrej, on Thursday said that the October- to-December quarter of 2008 was the
worst-ever, with respect to a deteriorating global economy.

"The October-to-December quarter, I think, was the worst quarter. (But now) the situation is clearly improving. Growth rates have been improving quarter on quarter," Godrej said at a function here.

On the country's upcoming general election, Godrej said, "the bigger agenda (for India's polity and leaders) is to restore the country's economic growth rate to the earlier 8-9 per cent."

He said the Government should employ all monetary and fiscal stimuli to prop up India's pace of economic growth.

"India's GDP has gone down, tax collections have gone down. We must employ all monetary and fiscal stimuli to improve growth. We should not be too concerned with the fiscal deficit right now. If it increases inflation, then they (Government) should revisit it (fiscal deficit)," Godrej said.

RBI modifies loan restructuring formula

MUMBAI: With banks' margins already under pressure due to the global economic slowdown, the Reserve Bank of India has provided them a breather by
revising the method of calculating the current value of restructured loans.

"The (existing) formula has resulted in higher provisioning due to rise in the rate of interest during the last few years...It has been decided to modify the formula for computing diminution in the fair value of restructured loan," the central bank said in a notification.

Diminution means the reduction in the value of loans that have come for restructuring, due to reduction in interest rate or rescheduling of repayment of principal.

At present, while restructuring the loans, banks take into account the benchmark lending rate, Prime Lending Rate, which have been on a rise during the last few years, the RBI said. It further said that it is adding to the financial difficulties being faced by banks due to the current downturn.

The proposed formula, according to the RBI, moderates the swing in the diminution of present value of loans with the interest rate cycle.

The RBI further said in the annual balance sheets for the year ending March 2009, the banks will also have to disclose the amount and number of accounts in respect of which applications for restructuring are under process, but restructuring packages have not been approved.

Asia markets advance on Wells Fargo profit report
HONG KONG: Asian stocks were mostly higher in holiday-thinned trade Friday after surprisingly upbeat earnings in the US, but Japanese banks tumbled
on fresh worries about their balance sheets amid the country's crippling recession.

Japan's mega lenders got pummeled after Sumitomo Mitsui Financial Group warned investors that it sank into the red in the just-ended fiscal year. To shore up its capital position, the country's No 3 bank said it was moving to issue new shares.

The news contrasted sharply with financials in the US, where stocks surged overnight after Wells Fargo & Co surprised the market with a hugely positive profit report. The banking giant, the recipient of some $25 billion in funds as part of the government's bank bailout plan, said it expected to post first-quarter earnings of $3 billion, far above analyst forecasts.

With a number of high-profile banks set to unveil their first quarter earnings next week, investors were relieved by the report and took it as a sign that troubles in the country's ailing financial industry may be nearing an end.

"The performance was better than expectations so everyone is thinking the financial sector is getting better," said Christian Jin, who helps oversee $1.2 billion in assets as head of global investment at CJ Asset Management in Seoul. "A lot of people were worried about next week's earnings, but with the report investors are thinking there will be no problems with the financial companies."

Stock markets in Hong Kong, Singapore, India, New Zealand, Indonesia, the Philippines and Australia were closed for a public holiday.

In Japan, the Nikkei 225 stock average was up 26.33 points, or 0.3 per cent, at 8,942.39, with gains checked by losses among banking stocks.

Shares of Sumitomo, the smallest of Japan's three mega banks, faced a glut of sell orders and remained untraded in the afternoon. It was set to fall more than 15 per cent, following a 16 percent plunge overnight of its American depository receipts.

Its rivals weren't doing much better. Mizuho Financial Group Inc. was down more than 10 percent, and Mitsubishi UFJ Financial Group Inc retreated 3.1 per cent despite overall market strength.

South Korea's Kospi climbed 19.24 points, or 1.5 per cent, to 1,335.59. Shanghai's main index rose 2.1 per cent to 2,430.01. Markets in Taiwan and Maylasia also gained.

In New York, The Dow rose 246.27, or 3.1 per cent, on Thursday to 8,083.38.

Broader stock indicators also piled on big gains. The Standard & Poor's 500 index rose 31.40, or 3.8 per cent, to 856.56. The Nasdaq composite index rose 61.88, or 3.9 per cent, to 1,652.54.

US stock markets, also closed Friday, will re-open Monday along with most Asian bourses. Europe's are closed until Tuesday.

In currencies, the dollar fell to 100.36 yen from 100.58 yen. The euro was higher at $1.3141 from $1.3124.

Diesel demand
11 Apr 2009, 1559 hrs IST
ECONOMICTIMES.COM


Auto makers in India have now woken up to the growing popularity of diesel cars. More and more car makers are coming up with diesel variants of their existing models or are launching completely new vehicles based on diesel engine.

Experts say that fuel-efficiency and cheaper cost of running put diesel cars at an advantageous position.

The claim is not unfounded. While a litre of petrol in Delhi costs Rs 40.62, diesel is far less harsher on the pocket with Rs 30.86 per litre.

Keeping this in mind more and more passenger vehicle makers are going the diesel way.

"There is a good demand for diesel cars in the Indian market, and we are looking at the possibility of introducing more diesel engine options", says Maruti Suzuki India managing director S Nakanishi.

We present you some of the diesel cars to be launched soon




Where's the slowdown? Good life still goes on


12 Apr 2009, 0248 hrs IST, Neha Dewan, ET Bureau

NEW DELHI: Did someone say the R word and luxury too, all in the same breath? Forget it! Even a cursory look at the string of launches, price Design trends for 2009
Commodities barons' sports assets
increases and flamboyant product lines flooding the Indian luxury market right now, and you’d almost forget about any slowdown.

Beating the slowdown blues, a lot of leading luxury players have gone ahead to introduce their brands in the country. While the ultra-luxurious Aman property opened recently in the capital, the Radisson MBD hotel in Noida also launched its 11-room luxury wing, Prive.

Tanishq opened its luxury store Zoya in Mumbai a couple of months back, while Swiss watchmaker Tag Heuer introduced a new high-end cell phone range in its store at the high-end Emporio mall earlier this month. Italian luxury home decor and accessories brand Baldi entered India just a few weeks back.

Clearly, luxury brands are more than confident about sailing smoothly, irrespective of the downturn. While they may seem to be confident where launches are concerned, they appear almost cocky when it comes to prices. In fact, they are actually jacking up prices.


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Luxury consumption, they feel, has not primarily been hit by recession unlike European and American markets. “India is growing at a rate of 5.5% which is better than most other economies. In a way it’s a good time to establish business right now,” says Manishi Sanwal, general manager, watches and jewellery, LVMH India.

Tag Heuer and Christian Dior, promoted by the French luxury group, will increase its prices by 8-10% this month. Sanwal, however, adds that this has been due to the fluctuations in the rupee-dollar rates. “We are only increasing prices by 8-10% against the 25% differential that has happened due to rupee depreciation. We are mainly bringing it on par with international prices.” The brand launched its high-end cell phone range in the market barely 10 days back with a steep price tag starting at Rs 2,20,000!

Priya Sachdev Chatwal, CEO of TSG International which has brought brands such as Alberta Ferretti, Lanvin and Moschino to India, too, says that new collections and promotions will go forward as planned. “India has not been that badly hit. We will go ahead with our plans. Also, the degree of luxury consumption could vary from city to city. In cities such as Delhi and Mumbai it is mostly a psychological mindset as they are cash rich and not very affected by the recession.”

For other players too, it is business as usual. And if that means a price increase in synch with the annual schedule, so be it. Geneva-based luxury jewellery brand de Grisogono will be stepping up prices by 6-8% this month. The brand entered India in December ‘08 and has seen consistent sales over the last few months. The price increase, according to the company, happens worldwide and will not deter demand.

Our response has been great and the increase will not impact us as a brand. True luxury has come back into time as people want to make a concerted approach on where they are spending," says Sunil Rai Singhania, general manager, Vama and Co, distributors of de Grisogono in India.

In fact, many brands admit to an upswing in profits even though other industries may be struggling to stay afloat. Leading US luxury brand Judith Leiber saw an increase in sales of 40% in Q1 '09. Madan Assomull, chairman, Marigold Group, promoters of the brand in India, feels that uber-luxury brands are less affected in the present economic climate with a good demand still steady for hand finished, and limited edition products. He admits that prices will be as before only if the rupee vs $ differential doesn't go up further in 2009.

"Our imports are dollar priced and one has seen a devaluation of the rupee vs $ of over 12% in the past 9 months (approx Rs45 to Rs 51). Judith Leiber India is currently absorbing the exchange loss," says Mr Assomull. The silver lining is that the economic situation has helped many kickstart business in these bad times.

Shantanu Mukerji, country manager, Zegna India, says: "This is the best time to start business. The decision to launch may not always be one based on demand. The present scenario can offer unique strengths to brands in terms of real estate costs, media and operational costs."

http://economictimes.indiatimes.com/News/News-By-Company/Corporate-Trends/Wheres-the-slowdown-Good-life-still-goes-on/articleshow/4390455.cms

Is greed overcoming fear in the US stock market?


11 Apr 2009, 0512 hrs IST, REUTERS

NEW YORK: US stocks typically rebound six months before the economy, but investors worry that the current 25 percent rally since the market's March
9 low could be a red herring.

At the same time, lack of investor conviction -- or simple fear -- can be considered a sign of a healthy market.

Reasons to be pessimistic about the economic outlook abound: unemployment is the highest since 1983, house prices are still falling by record amounts and persistent questions remain about which banks will still be in business next year.

Many investors are holding out for clearer signs that the worst financial crisis in generations is over before they commit to jumping back into the stock market. They worry that more bad news awaits in the months ahead to trip up the latest rally.

Declining volume tells part of the technical story. The average total value of stocks traded each day on the Nasdaq has fallen about 40 percent from 2008 levels so far this year through March.

Wall Street's fear gauge, the CBOE Market Volatility index .VIX, also remains stubbornly high, only dipping below 40 in recent sessions despite trading below 30 in more normal times.

Still, stock prices may have reached a bottom in early March, said Linda Duessel, a market strategist at Federated Investors in Pittsburgh.

"Insofar as 'Will investors jump back in like they have historically?' I think the numbers are showing that they are much more reluctant," she said.

The S&P 500 Index is up 25 percent from a 12-1/2 year low in early March. Last week, a Reuters poll of Wall Street dealers showed seven of 11 economists forecast a turnaround starting in the third quarter.

Yet investors big and small have been hit with huge losses, with the benchmark S&P 500 index down 46 percent since hitting an all-time high in October 2007.

The equities market in the past has rebounded anywhere from three months to nine months before the economy reverses its slide, with the average time about six months.

"The market consensus right now is for positive GDP in the third quarter," said Tim Ghriskey, chief investment officer of Solaris Asset Management in Bedford Hills, New York. "The worry is, that might be a little bit premature."

The U.S. economy is on track for the worst recession since World War Two, leaving investors warier than in other downturns in recent years.

Wall Street has made several attempts to move higher since last October, only to be pulled back to new lows each time.

Bruce Bittles, chief investment strategist at Robert W. Baird & Co in Nashville, would like to see even more investor skepticism, as the point of maximum optimism is typically the top of the market.

"The more skepticism we see (in the market), the better the chances the market has of going up," he said. "We don't want to see optimism here, that would be a negative for market."

Given the view that the economy will turn around in the third quarter, some investors have returned to the market.

"People may be getting in sooner than the six months," said Carl Birkelbach, chairman and CEO of Birkelbach Investment Securities in Chicago.

"I think that people will always pit fear against greed and once the market starts moving up, greed will start taking over."

Govt invites bids for 70 oil blocks under Nelp-VIII


10 Apr 2009, 0250 hrs IST, ET Bureau

NEW DELHI: The government on Thursday invited bids for 70 exploration blocks under the eighth round of New Exploration Licensing Policy (Nelp-VIII).
Domestic and global oil & gas exploration firms can submit their bids by August 10, petroleum secretary RS Pandey said. “We have offered 24 deepwater blocks, 28 shallow water blocks and 18 onland blocks under Nelp-VIII,” he said.

The ministry may also consider offering another 40-50 blocks in this round, if it gets better investor response. Oil ministry also announced the launch of 10 blocks under the fourth round of coal bed methane (CBM-IV) for extraction of gas from below coal fields.

Mr Pandey said that the global meltdown or volatility in global oil prices should not stop economic activities like exploration of oil and gas resources. “The most effective antidote for slowdown is generation of economic activities.

Besides, investors take a long-term view, while undertaking exploration activities,” he said. “Everyone knows that the current crisis will not last forever...By the time bids are finalised — which may take eight to nine months — things should improve,” he said.

Discoveries of oil and gas from Barmer and Krishna-Godavari basin have put India in global hydrocarbon map, he said. “Reliance Industries has recently started gas production from its KG-D6 block. This will also attract investors to Indian sedimentary basins,” he added. India had offered 57 blocks in Nelp-VII last year and awarded 44 to companies, such as BHP Billiton and Oil and Natural Gas Corp (ONGC). In the first six rounds, 162 blocks were awarded with an investment commitment of over $8 billion.

The 70 blocks offered under Nelp-VIII covers a sedimentary area of about 164,000 sq km. The 18 onland blocks are in Assam, Gujarat, Haryana, Madhya Pradesh, Manipur and West Bengal. Out of the 24 deepwater blocks, only one block has been offered in the KG basin, while 18 are located in Andaman. There are four blocks in the Kerala-Konkan areas, while one block is offered in the Mumbai deepwater. The 10 CBM blocks are located in states of Jharkhand, Orissa, Madhya Pradesh, Chattisgarh, Assam, Maharastra and Tamil Nadu.


Low-capital PSU banks may get to marry big-CAR ones


11 Apr 2009, 0046 hrs IST, Niranjan Bharati, ET Bureau

NEW DELHI: A proposal to merge public sector banks with low levels of capital with the ones that have high capital base has found favour with the
government, which is flooded with requests from several of these banks for funds to enhance their capital base so that they can lend more.

The government will look at merger of banks in which it has high shareholding with banks where its shareholding is low, as this will allow the merged entity to raise capital from the market, said a finance ministry official, requesting anonymity.

The proposal by the committee on financial sector assessment (CFSA) say that low capital adequacy ratio (CAR) — the ratio of capital that a bank has to keep aside before extending a loan that has risk attached to it — could slow the growth of some public sector banks. “The government has favoured the committee’s proposal to merge banks having less capital with others having comfortably high capital,” the finance ministry official said, adding that a final decision in this regard would be taken by the boards of the banks.

The government may find it difficult to keep on infusing additional capital into banks without straining its finances, as the credit portfolio of banks is expected to grow at a compounded annual growth rate of more than 30%. In this scenario, it would be necessary that banks’ other shareholders infuse capital into the banks. However, the law does not allow the shareholders to raise their stake beyond 49%.

“In several public sector banks, government shareholding is close to the mandatory level of 51%. These banks can neither raise capital through the market nor from other shareholders. Merger of smaller banks with the larger ones will be the only option then,” said a Reserve Bank of India (RBI) official, who asked not to be named.

There were 11 public sector banks with CAR below mandatory 12% on September 30, 2008. Six banks need to be capitalised at present. The government has approved infusion of funds in Central Bank of India, Vijaya Bank and Uco Bank while two others — Corporation Bank and Allahabad Bank — raised capital on their own to take their CAR to adequate levels. All public sector banks have CAR above 9%, the level prescribed under the Basel-II norms. However, it is feared that a credit growth of over 30% would again push down the capital adequacy ratio of several PSU banks.

CFSA has expressed the apprehension that public sector banks’ growth could be constrained compared to other players because of inadequacy of capital. It has also warned that the problem could get exacerbated in view of the implementation of the Basel-II guidelines, which could require capital infusion in most of these banks. The only viable option seems to be the amalgamation of banks that have synergy in areas of operation.
http://economictimes.indiatimes.com/News/Economy/Policy/Low-capital-PSU-banks-may-get-to-marry-big-CAR-ones/articleshow/4387200.cms

NDA gets top score but UPA gets mandate

12 Apr 2009, 0242 hrs IST, Aman Dhall, ET Bureau
India Inc sets tough benchmarks. And when it comes to performance, CEOs feel that the Bharatiya Janta Party-led National Democratic Alliance (NDA)
has scored over the Congress-led United Progressive Alliance (UPA).

But guess who got the vote to lead an economic revival in the country from the same set of CEOs - the UPA. These were the major findings of the SundayET-Synovate CEO poll, which was sent out to 198 CEOs and CXOs from a list drawn from the ET 500 companies.

Surprisingly, on a ten point scale, CEOs gave more marks to the NDA regime (1998-2004) than the ruling UPA (2004-till now). Out of the 10 parameters outlined by SundayET for the CEO poll, the UPA came up trumps only in three areas, which include ‘foreign direct investment’, ‘enhancing India’s image globally’ and ‘agriculture’.

On the other hand, the NDA’s biggest achievement, they think, has been in the area of infrastructure, and to provide a major boost to the fledgling IT and telecom sector. Apart from that, they think the NDA outperformed the UPA on different parameters including — economic growth, inclusive growth, outsourcing, job creation, and even a clean image.

SundayET independently spoke to some CEOs on the findings of the poll. And here is what Pramod Bhasin, chairman, Nasscom, and president and CEO of Genpact had to say: “The biggest feat of the UPA has been to come up with an ambitious poverty reduction programme, National Rural Employment Guarantee Act. This programme had done pretty well. Though there were gaps in implementation, at least they tried,” he said.

Raman Roy, regarded as the pioneer of the Indian BPO industry and the chairman and managing director of Quattro BPO Solutions, thinks that on whole the UPA government performed exceptionally, given the Congress party had the Left party to contend with in its coalition. “In balance, there were tough choices for the Congress-led UPA than the BJP-led NDA. There are always some things that could have been done better, but the UPA has gone about their task of managing the government quite well,” he said.

On the other hand, while 55% of CEOs picked UPA for leading the revival of the economy, NDA had support from just 40% of the CEOs polled. The Third Front lies at the bottom of the heap with only 4% finding them worthy of leading the economic revival. Vikas Gupta, CEO of Sports and Leisure Apparel, which holds license for French lifestyle luxury brand, Lacoste in India, feels the UPA is better, placed to lead the country out of the economic depression.

“The fact remains that Manmohan Singh understands economics much better than the BJP think tank. BJP’s pre-poll campaign may be superior, but the forward looking approach of Congress clearly makes them the favourites to form the new government,” he said.
Interestingly, a whopping 68% of the respondents said that they will vote for continuity. Only 19% of the CEOs voted for a change and 13% said that they are undecided. On which government is better for restoring business confidence, 54% of the CEOs choose the UPA. NDA came a close second with 40% of them casting vote in their favour. The Third Front finds very few takers, as only 6% of CEOs think that they can help restore the business confidence. Bhasin strongly feels that a united government which comes with a decent majority is the need of the hour, rather than a coalition stitched to lead.

On priority issues for the next government, 35% of CEOs, however, are astonishingly undecided — technically. It’s the anti-terrorism mechanism which tops the wish list of CEOs. Economic revival comes next and then of course — inclusive growth. Sutapa Banerjee, former country head — private banking, ABN Amro Bank India believes that continuation of reforms should be the top priority for the next government. “Reforms need to continue. Anti-terror mechanism, however, is needed to give stability to India Inc,” she said.

Business leaders worry about job losses

12 Apr 2009, 0251 hrs IST, Lisa Mary Thomson, ET Bureau

Finding a new job or protecting an existing one are no longer major worries of the aam aadmi alone. It seems to be haunting the captains of India
Inc too.

When quizzed about the economic priorities for the next government, most ranked the creation and protection of jobs as top priority. Understandably, the second priority of the CEOs was the need to liberalize regulations governing foreign direct investment to promote a greater inflow of foreign equity funds into India.

Meanwhile, human development and the reduction of taxes ranked number three and four on the list of important steps that could help the country beat the slowdown blues and get the economy back on the track towards achieving the high growth levels of preceding years.

Most CEOs believe that the key to achieving these targets is by continuing to invest in infrastructure creation - both physical and financial. “While liberalization of FDI regulations in various sectors would help attract the funds required for infrastructure development, job creation will be a natural outcome of infrastructure development,” says Saurabh Nanavati, CEO, Religare Mutual Fund.

Traditionally, infrastructure and realty have always been viewed as sectors with a high potential for job creation, even during a lean phase. “Much of the road network and ports in the US were created during the Great Depression. In India too, the government should give a fillip to infrastructure and realty sector by reducing stamp duty, service tax, giving loans at lower interest rates,” says Kris Lakshmikanth, CEO of job search firm, Headhunters.

In addition, opening up sectors like retail and telecom to FDI, could boost the number of jobs as well as increase competition and efficiency leading to the lowering of prices. Many also feel that the government at present lacks a system of financial infrastructure whereby they can capitalize on the savings of Indians.

While a reduction in taxes was also rated high on the list, many contend that further tax cuts could have an adverse reaction on the already deteriorating fiscal position. CEOs agree that the need of the hour is to maintain fiscal discipline. According to Rajesh Sud, CEO and MD of Max New York Life Insurance.

“The new government should focus on sustainable and inclusive economic growth agenda. It should correct the fiscal imbalance, given the fact that the combined fiscal deficit is around 10 per cent, by controlling expenses and raising revenue through measures like disinvestments.”

In fact, disinvestment has also emerged in the seventh position on the list of economic priorties but the feeling among CEOs is that the government will be forced to adopt this route rather than take it up out of choice. “With revenues not matching up to expenditure, the government will be forced to take the disinvestment route in the latter half of the year,” says Nanavati.

India Inc votes: Growth rate is top of mind

12 Apr 2009, 0249 hrs IST, Anand Rawani, ET Bureau
India Inc votes: Growth rate is top of mind

There’s a slowdown out there — more reason why we should not slip up on our growth rate. India Inc does not want any compromises on India’s high GDP
growth rate amid the current financial crisis. For captains of industry, many social sectors such as healthcare and education could take a back seat.

Around three out of every four CEOs polled felt that the new government must ensure that the economy remains on a high growth trajectory despite global downturn.

Of course, unemployment is another priority area, which CEOs want the next government to tackle. Around 70% of the CEOs say that creation of jobs is among the most important issues that the next government will have to grapple with.

Many CEOs that SundayET independently spoke to feel that coalition politics, which is now the order of the day, has a negative impact on policy making. According to Manoj Vaish, president & CEO, Dun & Bradstreet Information Services India, a major challenge for the new government would be to find common economic policies in the face of pressures from coalition partners.

Sukumar Rajah, chief investment officer, equity, at Franklin Templeton Investments, agrees. “In the last 10 years or so, coalition politics has become the norm. Due to the political wrangling, several reforms in key areas have become slow in recent years. The country clearly needs better infrastructure and that needs to be the focus area in the years to come,” said Mr Rajah.

For ensuring a robust growth, the new government will have to get into action mode. According to Dr Vaish, the best way to do that and achieve high economic growth is by positioning India globally as the best investment destination globally, keeping moderate tax rates, reducing corruption and opening more areas to the private sector such as public transport.

Disinvestment and public private partnership will play a major role in reviving domestic economic growth. According to Sanjay Sinha, CEO at DBS Cholamandalam Asset Management, the new government can achieve a robust economic growth by raising resources through disinvestment, engaging in public private partnerships, keeping interest rates low to encourage investments and taking advantage of lower commodity prices to accelerate infrastructure development.

The expenditure on health in India is already low - and that’s not really worrying the CEO brigade. Health comes third on the priority list. Only around 51% of the CEOs think that health will be one of the major issues that the government will have to grapple with.

Education too is not top of the mind - only 36% of CEOs expect this to be one of the major issues before the new government. Strangely, fiscal deficit, which has been a worry for most fund managers and economists, may not be a major issue for the new government, going by what the CEOs felt.

Only around 17% think that the new government will find it a major issue to deal with. However, Abheek Barua, chief economist at HDFC Bank says, “We cannot afford to post a consolidated fiscal deficit of more than 10% year after year. We should immediately send a signal to rating agencies that we are concerned about this and will take necessary steps to bring the fiscal situation under control.”

Rahul Gandhi: PM-in-waiting?

12 Apr 2009, 0058 hrs IST, Mansi Tiwari, ET Bureau

When it comes to the corporate czars of India, it’s a case of win some and lose some. But there were no surprises really in the top choice for the
GeNext leader. Rahul Gandhi — who emerged as the favourite amongst CEOs as a choice for future Prime Minister of India — was no dark horse.

About 56% of the CEOs polled felt that the young Gandhi could perhaps step into his father’s shoes and would be the face of future political leadership for the country. Another Congress scion — Jyotiraditya Scindia — was at No. 2 spot with 19% votes, followed closely by the dynamic J&K CM Omar Abdullah with 14% votes. Manavendra Singh of BJP managed only 2% votes while Akhilesh Yadav of SP trailed with 1%.

However, 8% of the CEOs polled also felt that the young political leaders were too half-baked so far to take on the prime ministerial job.

With the Congress strongly pitching Rahul Gandhi as a future leader, the perception of him as a future PM is emerging. “Rajiv Gandhi was known as the father of liberalisation and people perhaps feel that Rahul will be able to do exactly what his father did. Another reason is that the UPA government has followed business friendly policies. That’s why many in the corporate sector would like to see Rahul Gandhi as the future PM,” says the MD of a retail major who did not wish to be identified.

Apart from the freshness that the young brigade will bring into the system, their fancy degrees from prestigious international institutes is a big attraction. All of the top contenders are tech savvy and modern in their approach. The corporate honchos believe that it’s their educational background that makes them a good choice.

“I would love to see more young people getting into politics. They will bring a broader outlook into the Indian political system. Most of the young leaders have foreign degrees that equip them with global perspective,” says Rajiv Mehta, MD, Puma India.

Some of the young turks in corporate India are apathetic towards politics because of the tarnished image of some politicians. “We have leaders, but we have moved on from democracy to electocracy. We follow electoral votes rather than real issues. We need to do a lot of soul searching,” says Future Group’s CEO, Kishore Biyani.

Going by the country’s electoral structure, it’s surprising that there are very few young politicians handling important portfolios. This year, a big young electorate is ready to vote. And it is felt that parties will have to connect with young India to ensure success.

But many corporate leaders felt there is still a lot of grooming to be done. In fact, very few experienced politicians have actually made way for the younger lot. “Personally, I don’t think any of the young leaders are qualified enough to handle senior ministerial positions. They need to first spend sometime in decision making capacity in sectors such as IT and energy. To be a PM, we need someone who is more experienced,” says Mehta.

Urban Indians set to rock the vote

12 Apr 2009, 0055 hrs IST, Neha Dewan, ET Bureau
Elections? Forget it! That seems to have been the T-shirt message that most young urban Indians sported during the last Lok Sabha polls.


But hopefully, that mindset is set to change this year. Issues such as terrorism, economic slowdown and security concerns are expected to energise more urban Indians into going out on election and casting their vote. Moreover, awareness via media campaigns too will act as a boost.

Consider the statistics: A SundayET Synovate CEO poll has revealed that 85% of the CEOs will cast their vote in the polls this year while a lower number of 83% of the same lot of CEOs voted during the previous elections.

Of this only 10% aid that they will not be voting this year as against 14% who confessed to not voting last time. A very small percentage - 5% - said they still didn’t know if they will be voting this year or not.

This year the overall mood seems to be one of greater awareness. The majority of the CEOs that SundayET spoke to independently admitted that although the urban voter response has been lacklustre in the past, this year there is bound to be a change. And the reasons for that are not tough to find.

“Aspects such as economic slowdown, security concerns, poor urban infrastructure and terror threat have affected everybody. People realise that they will be doing more harm to themselves if they are indifferent this time as well. There is a far greater level of awareness to take things into their own hands. The feeling now is that indifference can make things worse and no one wants that to happen,” says Darshan Mehta, CEO, Reliance Brands. Though Mehta was unable to vote last time as he was out of the country, this year he will make it a point to cast his vote.

Others also agree that this could be the watershed year when more and more people will want to be seen up at those voting booths. Says Jaspal Singh Bindra, CEO, Asia, Standard Chartered Bank; “The psyche normally is that how much difference can one vote make for the country. But that is a futile thought. If issues such as financial crisis, terror attacks and a general feeling of disillusionment doesn’t incite them to vote, then it will really be surprising. In all probability, these elections should see a good urban voter turnout.”

What has also added to such sentiments is a greater level of awareness being generated. Adds Mehta; “The media is playing a far bigger role now in building awareness amongst people. All that is also helping in changing the mindset.”

Agrees Paul Thachil, CEO, Mother Dairy India, “Marketing by the media will play a big role in making voters come forward this time. It will give them the necessary push to exercise their franchise.”



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BJP downplays India Inc's vote for Modi as PM

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January 15, 2009 18:19 IST

"The prime minister doesn't get elected in an investors' conference." This was the terse official reaction of the Bharatiya Janata Party on Thursday to the top industrialists viewing Gujarat Chief Minister Narendra Modi [Images] as the prospective prime minister.

All the same, party spokesman Rajiv Pratap Rudy recognised appreciation of Modi by the industrialists gathered in Ahmedabad [Images] for the global investors' meet, pointing out that they would have reacted similarly to any of the BJP chief ministers conducting such conclaves.

The BJP leadership apparently chose to take the stand and shut any talk of Modi as the prime minister lest he overshadows Lal Krishna Advani [Images] already declared as the prime ministerial candidate.

It, however, took 24 hours to firm up the stand as neither Advani nor BJP President Rajnath Singh were prepared to make any immediate comment on Wednesday when approached by journalists at a Makar Sakranti function at the party headquarters in New Delhi [Images].

The message is loud and clear: There is no race in BJP for the prime ministership since after the party decided to go to the polls under Advani's leadership.

"Our chief ministers get political guidance and inspirations from the BJP's national leadership for performance that cannot be denied by anybody," Rudy told media persons.

He said the industrialists' reaction only underlines their confidence in the BJP to rule, be it at national level or in the states. It only conveys that be the industrialists or any other people are eagerly awaiting the BJP's return to power by winning the forthcoming Lok Sabha elections, he affirmed.

When told that more or less the same set of captains of the industry had also met Advani a few days ago but they did not talk of him as the future prime minister as they did for Modi, Rudy shot back that they had met Advani to discuss the economic meltdown and Dr Manmohan Singh's [Images] role and not to back him as the prime minister.

At the same time, he lashed out at the Congress spokesman on Wednesday dubbing the industrialists praising Modi as "fascists" and comparing them with the German businessmen who had put full faith in Hitler [Images].

As regards the Congress spokesman challenging the figures of response Modi got for setting up industries in Gujarat, Rudy said anybody would go by the figures of the industrialists than accepting such criticism.http://www.rediff.com/news/2009/jan/15bjp-downplays-india-inc-vote-for-modi-as-pm.htm



Saturday, January 31, 2009
What makes Narendra Modi India Inc's favourite?
1
2
3

Dream package for Tata

A clear indication of this is available in a Government Resolution on the concessions made to Tata's Nano project. The GR passed on January 1, 2009, but made public just 10 days ago, is an eye-opener although there have been several speculative reports that revealed the blandishments offered by Modi to bring the Nano to Gujarat.

These make the incentives offered by the West Bengal government to the Tatas in Singur look tight-fisted. According to one estimate, tax-payers in Gujarat will be footing as much as Rs 60,000 per vehicle to make the Nano the car of the masses with a price tag of Rs 1 lakh.

It's a dream package that Modi is giving the Tatas: apart from the 1,100 acres of land and infrastructure sops, there is a soft loan of Rs 9,570 crore (Rs 95.7 billion) that is repayable over 20 years at an unbelievable 0.1 per cent rate of interest.

Facilities for solid-waste disposal and effluent treatment plants are to be developed by the state government which will also provide a dedicated power connection of 200 KW to the factory along with 14,000 cubic metres water daily. There are other dispensations, too.

The Nano project does not have to recruit 85 per cent of the workforce locally as the state industrial policy mandates.


How can one not love Modi if public money is to fund private industry to this extent? In the old days, industry was brought in to spur infrastructure and employment. That doesn't seem to be an overriding concern these days, and certainly not for Gujarat.

Attracting big-ticket industrial projects is essentially image-building that comes in handy at the time of elections. If you can get a Tata to set up the Nano factory outside Ahmedabad, does it really matter if children in the hinterland cannot read, write or count?

Source: Business Standard


Related reports

Vibrant Gujarat: 8,500 MoUs, 12 lakhs pledged
BJP underplays India Inc's vote for Modi

MSN Contribute
Narendra Modi as PM?





Narendra Modi as the next PM
http://indianelections09.umbc.edu/analysis/?p=1265

Major leaders from Indian Industry have been singing praises of Gujarat Chief Minister and top BJP leader, Narendra Modi. He has been hailed as the person most capable of leading the country.

Modi PM material for Anil Ambani, Sunil Mittal, Economic Times, Jan 15, 2009
India Inc cries Modi-fy India, causes flutter, IBNLive.com, Jan 15, 2009
‘Modi as PM’ pitch puts BJP in a fix, NDTV.com, Jan 14, 2009
As expected, Congress has reacted to this news with harsh words and compared Modi to Hitler and the industrial leaders to German industrialists in 1932. While Modi’s handling of the Post Godhra riots was unconstitutional and inhumane, Congress’ track record in dealing with riots when they ruled India (killings post Indira Gandhi assassination and post Babri Masjid demolition - to name a few) has been worse.

Cong ire at ‘Modi as PM’ pitch, The Statesman, Jan 14, 2009
German industrialists too were enamoured: Congress, Economic Times, Jan 14, 2009
Congress compares Modi to Hitler, Express Buzz, Jan 15, 2009
It is noteworthy that there has been a significant progress in Gujarat’s economy since Narendra Modi took over as the state’s Chief Minister. His administration has been very investor friendly and has brought in many industries to the state - the prominent one being the shifting of Tata’s Nano factory to Gujarat from West Bengal. Narendra Modi also has a reputation of being a non-corrupt politician who does not believe in nepotism.

Narendra Modi’s biggest handicap however is that he is a polarizing politician and arouses extreme emotions among the voters - they either love him or hate him. After his mis-handling of the post Godhra riots, he is not popular among the press that claims to speak for Muslim interests. His visit and statements during the Mumbai terror attacks also aroused negative emotions among the more vocal voters.

At this stage, with Mr. Advani being declared as BJP’s PM candidate, it may be prudent for Modi to not stake a claim for the PM’s post. Should BJP win the coming Lok Sabha elections, it will also be wise of Mr. Advani to include Narendra Modi into his cabinet on a important ministry. Narendra Modi has a very loyal following among hard core BJP voters.

January 15th, 2009 | Tags: Gujarat, Lok Sabha elections, Narendra Modi, NDA/BJP | Category: Elections, Indian Politics, NDA/BJP, Narendra Modi | Subscribe to comments | Leave a comment | Trackback URL

41 Responses to “Narendra Modi as the next PM”
1True_Indian:
January 15th, 2009 at 6:46 am
MESSAGE to OUR FALTU Press / Degital Media.

Salute to Mr.Narendra Modi - As True Indian.

In the current situation only the person name MR. NARENDRA MODI who will manage our NATION as GREAT INDIA securely. He is INDIA’s KING / INDIA’s Proud..First off all i want to message to all our FALTU media’s why they are not covering MODI’s 2003 to 2009 awarded great work at locally (India level) as a GOOD News for all the indians. We know thi is the GLOBAL News one person as a STATE miniter who attracted 12 LAKH CRORE on only his credit or power even in this age of global meltdown.

They are covering Noida’s Rape Case and Maya’s Birthday whole DAY - Same on our Media.
Our PM and Home Miniser repitedly statement Pak have to think on / work on against terror group inside Pak, THEY (PAK) replied repitedly the same answer first provide evidence ? As a local common man and a reader we will say PAK wants to know provide evidence AGNI / BRAHMOS / which we have in our GODOWN, and don’t miss to provide with Practical session.

Now this is the time to think about indian print and degital press media…India know very well they covered all the news during 2002 Godhra riots as much as where they have limit some one covered beyond on..Now Big question here why they all are not supporting/covering this NEWS as local india level…

______ PHIR BHI MERA BHARAT MAHAN… Hope this message reach to every true Hindustani.

2Vinayaka.Uddar:
January 16th, 2009 at 2:10 am
I openly challenge to all indian meadia if they can let them defet Modi by being PM of India.even all indian & international meadia & Congress,UPA,CPI unitedly work to do so then also no doubt in it our narendra Modi bhai will be PM of our India very soon.

We all hindus are with you Modije no body can stop you from becoming PM of india …

Vinayaka.Uddar

3Chandhu:
January 19th, 2009 at 7:00 am
Modi Ji,

Our country need a person economically develops the country and solves unemployment problem, and need a hard working person like Modi and not hardly working smart people like other politicians.

4kiran:
January 19th, 2009 at 7:04 am
hello

5chaudhari:
January 20th, 2009 at 10:52 am
B.J.P. if not projected MODIJI as a P.M., it is dream of win election & it is never finish

6Modinot ForIndiaPM:
January 20th, 2009 at 12:24 pm
Modi, the mass murderer should never be the PM of India. He has blood of innocent Muslims on his hands. Please campaign against Modi, BJP and all the corporations that are supporting him, and save this country from these frauds. Join our facebook group:

http://www.facebook.com/group.php?gid=45273386987&ref=nf

7Indian Elections 2009 » Narendra bModi/b as the next PM | VIBRANT GUJARAT:
January 21st, 2009 at 12:16 am
[...] posted here: Indian Elections 2009 » Narendra bModi/b as the next PM « Industrialists should not praise bModi/b: Congress | Sindh Today Good Read: Business [...]

8db:
January 25th, 2009 at 4:47 pm
the post godhara riot was looks to me more like internation schem. it was fueled by congress and media. the media and cogress was intrested to keep BJP away from Delhi.. and it was also supported by external world to keep bjp from ruling. because in bJP rule india was perfoming so great that it was chanlleged for all other countery in the world. they want to keep india as undeveloper. so only they can find the big market in india.

so post godhara was the schema of congress,media and external country.

9Sankar:
March 2nd, 2009 at 7:50 am
Modi, and PM….Do u want Gujarat Riots to happen in INDIA……Modi is like a Frog Of Well…..if he come out of it he will not survive………WE want our national leaders who are secular and not Biased

10s.patel:
March 2nd, 2009 at 2:08 pm
Modi is not suitable to lead india he failed or he himself involved in murdered of innocent Indians just to wine the election. he is just a leader of one small stat of gujrat. he has not don anything for indians. he is confine to only stat to lead India need a leader who understand Indian security whoever from BJP or congress or any other party but not Modi, not a criminal against whom international court have case, he even can not travel to UK, USA dye to his genocide policy, so not Modi we need Indian to lead India.

11s.malik:
March 3rd, 2009 at 11:38 am
Hello Everyone….What ever you think about Modiji is purely depend on the Media.
actual thing is very different than this.Modiji helps muslims a lot and who think he has hand behind Riots after godhara incident is wrong.he is the man who helps a lot and give a safe place to live in gujarat.
modiji dont announce his help and support on media but everyone knows he is great.the way he handled gujarat and muslim league is phenomenal.Media who dont know such thing they always put Modiji in a Negative Role.
but as a true muslim i can say he is the Greatest Minister our league has seen.
Thanks Modiji to help and Protect.
Allah apko hamesha hi aise banaye rakhe.

12ravi.m. chandra:
March 6th, 2009 at 1:47 pm
MODI PROOVED AS THE BEST CM IN INDIA…LETS ENCOURAGE MODIJI FR BECOMING PM…

13PD:
March 9th, 2009 at 5:58 am
Modi Vrs. Other possbile PMs

1. LK Advani - At 82 yrs of age, confused idealogy, desperation for PM post from last 1 decade does not presents a wonderful PM for our country,
2. Manmohan Singh - At 76 yrs of age, Proxy PM for Sonia Gandhi, mainly a financial wizard, not a great administrator and public opinion modulator
3. Rahul Gandhi - Dont even think about him, he is here because of Gandhi brand name, too early to become a PM
4. Mayawati - A corrupt lady with lot of charges of bribed income, power politics. Heading a Goons party, maximum number of “Bahubali” in her party, only power thirst without any real vision to steer India in 21st century
5. HD Devegoda or Karat from 3rd Front - Totally oppurtunistic politics, regional players with little national following, soon going to create a lot of confusion in the next elections

So Narendra Modi has only one charge from Congress, Media and other people about his role in Gujarat Riots, I see other than this no party no individual has anything to say about him he has scored on all the grounds whether it is economic development, social development, infrasturcture development, quality of life has improved in Gujarat. Rather than giving chances to above said options it is better to try Modi, if he fails to convince the country, there will be elections again in the coming years.

As far as minority issues are concerned I have seen on grass root level that most of muslims dont even consider BJP or Congress idealogy, there is huge poverty, ill-literacy, insecurity, among muslims which dont let them decide what is right. Few religion maniacs stroll them according to their own benefits.

Vote! Save our Country
Jai Hind!

14Envy:
March 10th, 2009 at 11:49 am
Hi, I added your site in my rss reader. Thanks

15veer singh:
March 10th, 2009 at 1:22 pm
every body talk about Post Godhra and Muslims killing when it’s come to modi. but there are many riots during congress government in gujarat and thousands of hindu got killed. why not media debates this. and only stuck on 2002. so it’s not about 2002 and muslim killing but it’s about modi, who is modern sardar patel and congress, indian media, NGO are scared of him. they know people all over india like him. well i say what happen during 2002 was need to make point that this is hindustan and we are hindus.

16subhash jha:
March 12th, 2009 at 1:04 am
hi……………………….. HAPPY HOLI

17PRAMOD PRASAD:
March 12th, 2009 at 1:07 am
PRAMod as a good citizen projects mayawati as the next PM

18Mehmod:
March 13th, 2009 at 7:28 am
Narendra Modi has done a lot for muslims in Gujarat. We will vote for him.
Congress is the most communal party. it believes in divide and rule

19Prabodh:
March 16th, 2009 at 11:57 am
Those people who are making minds from the partial media are useless, or selfish in some way or other.
Just look the comments made by the minority brothers in gujrat. & make the mind.
Modibhai must become the PM. He is the only person capable in all the way.

20Arthur L. Athougies:
March 22nd, 2009 at 3:09 am
Narendra Modi will be India’s next Prime Minister

21K SUBRAMONIAN:
March 24th, 2009 at 4:39 am
now indai wants dynamic and young PM who can clear the present hurdles. there is nobobdy available other than SHRI NARENDRA MODI

22Anshuman:
March 24th, 2009 at 9:48 pm
Modi is the way to go. I am impressed with the GIFT project, which to me is the new face of emerging India. He has the ability to duplicate the success he has had with Gujarat, one of the key states responsible for keeping India on the world map, at national level. I read a comment somewhere that Modi has done things for Gujarat and not the whole India but these people probably don’t realize that it’s because of states like Gujarat that India is doing well. Gujarat is one of the key locomotives that’s pulling the national economy. On top of the results that he has shown and his administration qualities, his non-corrupt image helps.

23akhilesh:
March 27th, 2009 at 6:43 am
Modi is undoubtably best.If modi will be projected next pm by BJP in this general ellection 2009.Bjp can get majority.

24Raj V Soni:
April 2nd, 2009 at 2:48 am
BJP Needs Some Good Personality & Excellent Minister Like Shri Namrendra Modi But From My Consult The Next PM Of India Is Not Narendra Modi Because The People Of Gujarat Needs Narendra Modi & Their Goods Works For The Development Of Gujarat In Positive Direction & Narendra Modi Also Told That He Will Not Going Anywhere From Gujarat So Narendra Modi Is Not Our Next PM

25Roby:
April 2nd, 2009 at 3:07 pm
Remember germany became prosperous under Hitler and USSR under Stalin, both at the expense of thousands of lives.

Do we want that? Do we want some one like Modi who was responsible for the Gujarat carnage, as PM?
No way. If Modi becomes PM, that will be the end of democracy in India.

26BIJU:
April 3rd, 2009 at 4:35 am
I pity on the people who foolishly think that Modi can be a Prime Ministerial Material. Its simple lack of political understanding and unawareness about the diverse culture of India. Its the High time that he should have been send to Prison for engineering a GENOCIDE in his state. In India , we need a Prime Minister who can Mange Our ECONOMY to right path, Not the one who sprad hatred and laed to violance , resulting in economic hardships of poor.
Need to use more common sense before thinking of supporting MODI.

BIJU

27sandeep:
April 3rd, 2009 at 4:58 am
in india there are one men who can lead india in each platform sosical, economaical and political that all belongs mr modi.iwill apeal all my frends and allcomunity vote for india not your community because india is not for one .

28rasini:
April 3rd, 2009 at 5:16 am
India is the only country where Minorities are given special preference and treatment whereas if you look at other countries it will be opposite. If you take Pakistan and other Arab countries they openly declared themselves as islamic nation and it will be impossible for a hindu to live their religious life fully in those countries. If you take Srilanka the majority (buddhists) are doing mass killing over tamils who was considered to be Hindus. If we consider US and Western countries eventhough not openly declared those government seems to be linked with christainity. Even in some local parts of India where there is a majority of Muslims or Christians you can notice the hindus living there are deprived.

When someone like Modi treats all citizens with equal preference then others call him non-secular. This nonsense attitude should change. If Modi becomes PM, India will create History.

thanks,
rasini

29Vin:
April 3rd, 2009 at 10:53 am
If Advani wins he will i suspect stand down and let Vajpayee have a go as Vajpayee cannot win. The problem is Advani is too old and so are all those that BJP select as their leader because the RSS leaders who pull the strings are even older. Meanwhile Persons Such as Rahul Gandhi should keep out of politics altogether. It will be bad for modern day India if someone gets in because of family connection rather than merit- the public are silly to vote that way and should know better. What india needs is a young dynamic leader along the lines of Gordon Brown or Obama, i dont mean in terms of policy alone but also in terms of charisma, someone that will not hesitate to speak up when things such as the terrorists strike in Mumbai. We dont want to hear some nonsense from people such as Manmohan Singh that “we will do something but not sure yet what we will set up committee to look at ” Indias politicans need to wake up or be replaced -only then will india once gain be great and gain full recognition in the world. I would not let the present politicians to drive the rickshaw i am travelling in let alone run the country. They are incompetent and will keep India back. Who will win - who gives a damn- the whole thing is BAD. Modi is not standing for the position so Why not put Bipasha in charge at least she looks nice.

30Arthur L. Athougies:
April 3rd, 2009 at 10:54 am
Modi should come out with strong feelings that the minorities would be protected under the BJP regime. Advani’s Ram Bhakti will lose votes. The Hindu majority has regards for all. All religions are baseless. The only truthful existence is that of the SLEU (the synergetic living evolving universe)Advani is too old to lead India. Modi is the best bet for PM. He should come out more strongly.

31Dr Paramjit Singh:
April 3rd, 2009 at 3:10 pm
Pre-electronic media times every year there used to be roits in towns of UP aligath,moradabad,kanpur,lucknow and many others ,Congress was the ruling party most of the times at center and in the state,why some one is not talking of those times,and parroting godra always?

32Arthur L. Athougies:
April 4th, 2009 at 1:19 am
My only grouse against Modi as PM is that he is not married and this handicaps him as seeing India as one synergistic family

33Ashish:
April 5th, 2009 at 1:59 am
He has got a good track record as the CM of Gujrat and he has the decisive leadership that India require’s at this time.

34tobey:
April 5th, 2009 at 4:00 am
arthur bahi sapnate raho narendra chodi kabhi pm nahi banega

35rohan:
April 5th, 2009 at 12:54 pm
we hindus know the history of our motherland india well,how we were butcherwed and threatened to conversions and how our temples were trampled by these muslims for about a thousand year.even under congress rule thousands of kashmiri pandits were killed in kashmir and also the psdeudo-secu;ar attitude of congress and there constant hindu bashing .so what modi ji did was great he should be the next prime minister.

36rana javed:
April 6th, 2009 at 7:30 am
Modi has done a lot in Gujarat. He is better then Congress which has done nothing in last 50 years except create slums.
Modi should become PM of India and work for the betterment and development of all People.
We will vote for modi.

37jay:
April 6th, 2009 at 10:43 am
hey, Mr. Narendra Modi is a great man i must say.and those all muslims who say he is murderer of muslims. i want to say all those muslim people that”the percentage of happiness and all about good things for muslims in gujarat is very high than other state of india”.so my dear muslim friends please understand the truth and than after say all.our gujarat’s development ratio is 19.13% which is more than double of all india’s development’s ratio.and like gujarat modi can develop india and put on 1st position in world.
so vote for modi and let’s become for NO. 1 country’s citizen in all around world.

38Vinodh:
April 7th, 2009 at 5:21 am
Surely using the slogan jai ho congress is bringing religion into politics . I wonder if they got permission to use this as it may be breach of copyright.If modi used this tactic congress would complain

39Ranga:
April 8th, 2009 at 12:24 am
Narendra modi - no way

40salem:
April 11th, 2009 at 6:37 am
Narendra modi - Yes Only Narendra Modi

41Srinivas:
April 12th, 2009 at 7:12 am
I live in Hyderabad and visited Baroda last year.
I took a Taxi from Ahmedabad airport and returned next day by another taxi.
Both the taxi drivers were muslims and both were singing praises of Narendra Modi.
I did not ask them anything. They were proudly telling me about the progress Gujarat is making.
Both said he is decisive and strong.
It is time the media stopped talking about the 2002 riots and see what Modi is capable of doing for the country and give him his due.
As a national leader he will excel and will set new bench marks in governance.
He will also safeguard minorities without pandering to them for their votes.



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India Inc fear affect on productivity. Byline: Lijee Philip and Chhavi Dang The proposed power cuts in Mumbai could have a huge impact on the productivity ...
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NEW DELHI: India Inc's poll verdict is out. Captains of corporate India clearly don’t keep their politics separate from their business: reeling under a ...
'LDF not implementing Sabarimala plan' Express Buzz
Manmohan Singh best for PM, Modi No 2 Economic Times
all 468 news articles »
India Inc against fellows contesting polls as independents
Times of India - ‎12 hours ago‎
12 Apr 2009, 0929 hrs IST, PTI MUMBAI: India Inc is against its tribe contesting the Lok Sabha elections as independent candidates, because it feels that ...
India Inc needs to focus on core biz, consolidation: Deloitte
Economic Times - ‎7 hours ago‎
12 Apr 2009, 1416 hrs IST, PTI NEW DELHI: Amid global economic downturn which has impacted the earnings of companies, India Inc now needs to focus on core ...
India Inc votes: Growth rate is top of mind
Economic Times - ‎18 hours ago‎
India Inc does not want any compromises on India’s high GDP growth rate amid the current financial crisis. For captains of industry, many social sectors ...
India Inc raises Rs 31069 cr via rights issues in '08
Economic Times - ‎Apr 10, 2009‎
11 Apr 2009, 0240 hrs IST, PTI NEW DELHI: Corporate India mopped up an impressive Rs 31069 crore through rights issue in 2008, a two-fold rise over the ...

India Journal
India Inc asks RBI for cheaper funding
Business Standard - ‎Apr 9, 2009‎
A further cut in reverse repo rate may ensure that India Inc’s funding needs are met in a seamless manner and at appropriate rates. ...
G-20 Agreement Step to Put World Economy on Track: India Inc India Journal
all 57 news articles »
How India Inc. handles currency risks
Business Line - ‎21 hours ago‎
In the current situation, it wou ld be useful to examine how Indian companies handle currency risk. Historically, in a controlled environment, India Inc. ...

A Pakistan News
NDA gets top score but UPA gets mandate
Economic Times - ‎18 hours ago‎
India Inc sets tough benchmarks. And when it comes to performance, ceos feel that the Bharatiya Janta Party-led National Democratic Alliance (NDA) has ...
Wanted: Presidential form of govt Economic Times
all 210 news articles »
India Inc asks Obama to avoid protectionism
Central Chronicle - ‎Apr 11, 2009‎
India Inc on Friday asked the Obama administration not to yield to public pressure on protectionism, stating that the 'Buy American' restrictive policy ...
Credit squeeze impacts fund raising by India Inc
Times of India - ‎Apr 4, 2009‎
5 Apr 2009, 1050 hrs IST, PTI MUMBAI: The credit crisis that hit the world markets impacted the fund raising by Indian companies during the first 10 months ...
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FINANCIAL EXPRESS : INDIA INC.
All the news from India updated through the day. Everything on India that you could want in a website covering news, sports, politics, people, places, ...
www.financialexpress.com/old/inc/inc_index.html - 42k - Cached - Similar pages -
India inc - Print Edition - The Financial Express
India inc - supplement of the financial express newspaper.
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Amazing Facts about India and Indians!
Amazing Facts about India and Indians!, world's largest, oldest, continuous civilization!, India was the richest country on earth until the time of British ...
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India Inc's overseas acquisition
India Inc's overseas acquisition. News. Home · News Update · Archives. Features. Investment World · eWorld · Catalyst · Mentor · Life · Canvas · Praxis ...
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Call Center, Answering Services and Call Centers services - Call ...
Call Centers India Inc - The one stop shop for call center needs. Directories of call centers in India, Technology application service Providers.
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Call Centers India Inc
Vcare Call Center, is a wholly owned subsidiary of the US corporation Call Centers India Inc, Vcare Call Center is a CISCO powered company and it is the ...
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