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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (5536)	8/10/1999 1:17:00 PM
From: JPR	Read Replies (2) \| Respond to of 12475

Mohan & all: The prince poops in public news.bbc.co.uk "It looks as though it was put in by an Indian," he said. My notes: When the prince was travelling in China, he said something to the effect that if someone associates long enough with chinese, they will develop slanted eyes. I feel better now in knowing that the prince does this to everybody. What he SAYS to his Royal Family members must be worse. He should do some comedy specials on COMEDY CENTRAL Tuesday, August 10, 1999 Published at 16:36 GMT 17:36 UK UK Royal apology for race remark Prince Philip's comments have been condemned Buckingham Palace has apologised for an off-the-cuff remark made by the Duke of Edinburgh which has angered race campaigners. Prince Philip, who has been accused of insensitivity in the past, was touring a high-tech electronics company when he spotted a fuse box which looked less sophisticated than other state of the art equipment in the plant. "It looks as though it was put in by an Indian," he said. Kumar Murshid, chairman of the National Assembly Against Racism, said he was amazed that a man in the Duke's position of influence had said such a thing. "This sort of thing is of great concern to us because people look up to the Royal Family and expect them to set an example to the public," he told BBC News 24. "The reality is that they still have considerable influence, so it is absolutely abysmal and disgraceful for him to say such a thing." 'A nice man' And a spokeswoman for the Commission for Racial Equality described the Duke's comment as "very unfortunate". "We look to the Royal Family to be positively promoting racial equality," he said. But Dr Shanfi Kauser, Secretary of the Islamic Centre in Glasgow, sprang to the Duke's defence. He said: "He is a nice man and I don't think he has done anything out of malice. I believe he has not done anything wrong. "On other occasions he has been very complimentary to us. We should not bring him into a dispute. I think he should be excused." The 77-year-old Duke made the comment when he was touring a Racal-MESL factory on the outskirts of Edinburgh. He was there to unveil an award for the company's rail safety technology. 'Inappropriate' A Buckingham Palace spokesman said: "The Duke of Edinburgh regrets any offence which may have been caused by remarks he is reported as making earlier today (Friday)." He added: "With hindsight he accepts that what were intended as light-hearted comments were inappropriate." The Duke has made a number of comments which have caused offence in the past. Most recently he upset a group of deaf youngsters when he joked that they were deafened by standing too close to loud music playing at a celebration in Cardiff. "Deaf? If you are near there (the music), no wonder you are deaf," he told them. Members of the British Deaf Association said they were "shocked and insulted" by the Duke's

To: Mohan Marette who wrote (5536)	8/10/1999 1:21:00 PM
From: ratan lal	Read Replies (1) \| Respond to of 12475

Mohan Radha has hit the nail on the head. Successful man : One who can make more money than his wife can spend. Successful woman: One who can find that man. ratan

To: Mohan Marette who wrote (5536)	8/10/1999 3:06:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 12475

South Korea emerges as largest investor in India (Wednesday, August 11, 1999) Suveen K Sinha in New Delhi South Korea has emerged as the largest investor in India in terms of foreign direct investment (FDI) approved during January-February this year, while Japan has slipped one notch to the fifth place, according to a Confederation of Indian Industry (CII) study. The FDI approved from South Korea during the first two months of 1999 stood at Rs 3,080.89 crore, followed by Mauritius with Rs 1,110.86 crore, the United Kingdom with Rs 809.38 crore, France with Rs 610.22 crore and Japan with Rs 333.3 crore. The top 10 is completed by Singapore with Rs 184.12 crore, Italy with Rs 179.36 crore, Switzerland with Rs 144.28 crore, the US with Rs 137.78 crore and Germany with Rs 50.67 crore. Mauritius occupies the second position by virtue of being a tax haven, which encourages business organisations to set up special purpose vehicles there for investing in various countries, including India. The CII study has pointed out that Japanese investments in India have started following a decreasing trend with a drop in 1998 (about Rs 1,302 crore), even as India and Japan hold their first investment dialogue in New Delhi over today and tomorrow. The chamber has pointed out that lack of adequate infrastructure has been a major hurdle in the way of increased investment from Japan. It has also been estimated that the required level of investment in infrastructure in India for sustaining a 7 per cent growth in gross domestic product is $115-130 billion till the Year 2000. The investment requirement would rise to about $215 billion in the subsequent five years. According to the study, Japan should take it as an opportunity to explore possibilities of investment in infrastructure in India. India has shown its preference for Japanese electronics and automobiles, points out CII, but a host of other sectors remain with huge potential for cooperation. These sectors include computer software, petrochemicals, engineering plastics, shipbuilding, pollution control equipment, non-conventional energy sources, food processing and healthcare. business-standard.com