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FOR all our billion-strong population, 620 million of whom can officially read, India is hardly commercially viable territory for the workaday novelist. The typical Indian "bestseller" sells between 3,000 and 5,000 copies; a true success is one that remains in print for years, with successive reprints of 2000 copies or so every nine or twelve months. In this modest market, One Night @ the Call Center has reportedly sold over 1,00,000 copies in the two months since its publication, and the demand shows no sign of letting up.
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At the moment, as DLF IPL goes on, Kolkata Knight Riders, the Kolkata franchisee team led by Saurav Ganguly and owned by Shah Rukh Khan is riding high with two back to back victories from two matches against the Bangalore Royal Challengers and Hyderabad Deccan Chargers.
Kolkata Knight Riders are leading the points table of the DLF IPL tournament with two wins from two matches.
The Knight Riders team is confident of maintaining their winning momentum to win the DLF IPL tournament.
According to Kolkata captain Sourav Ganguly, “We have started well and hope to continue this trend.” Owner Shah Rukh Khan is also of the same opinion. He says, “We have to continue to do well in the coming matches.”
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China, India and South-East Asia are seen as the hottest and riskiest markets for mergers and acquisitions (M&A) in the near future, a survey found on Tuesday.
The survey, commissioned by Marsh, Mercer and Kroll, comes despite questionable business practices, problems with local intellectual property regimes and insufficient financial recourse against sellers, said the report.
The findings published in The Business Times found that 57 percent of the 670 respondents ranked China, India and South-East Asia as most attractive over the next 18 months, followed by North America at 43 per
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This is written by a Pakistani journalist called Dr Farrukh Saleem on 12/9/2007. He is an Islamabad-based freelance columnist.
It was an eye-opener and made a wonderful read. I have just re-produced the article on an 'as-is' basis, hence no offense intended to anyone.
The two Ambani brothers can buy 100 percent of every company listed on the Karachi Stock Exchange (KSE) and would still be left with $30 billion to spare. The four richest Indians can buy up all goods and services produced over a year by 169 million Pakistanis and still be left with $60 billion to spare. The four richest Indians are now richer than the forty richest Chinese.
In November, Bombay Stock Exchange's benchmark Sensex flirted with 20,000 points. As a consequence, Mukesh Ambani's Reliance Industries became a $100 billion company (the entire KSE is capitalized at $65 billion). Mukesh owns 48 percent of Reliance.
In November, comes Neeta's birthday. Neeta turned forty-four three weeks ago. Look what she got from her husband as her birthday present: A sixty-million dollar jet with a custom fitted master bedroom, bathroom with mood lighting, a sky bar, entertainment cabins, satellite television, wireless communication and a separate cabin with game
consoles. Neeta is Mukesh Ambani's wife, and Mukesh is not India's richest but the second richest.
Get the complete article at the above link....
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