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

To: Mohan Marette who wrote (9815)	11/28/1999 9:39:00 AM
From: JPR	Read Replies (2) \| Respond to of 12475

Mohan: What is this all about between Kalyan Singh and Vajpayee? Who said what is not in the newspapers. We only know that Kalyan was booted out of (suspended from) the party. Any idea. Excerpt: BJP suspends Kalyan, all eyes on UP HT Correspondent (New Delhi, November 27) THE BJP today suspended former Uttar Pradesh Chief Minister Kalyan Singh from the primary membership of the party for his recent public criticism of Prime Minister Atal Behari Vajpayee. It gave him a week?s time to show cause. The development is likely to have a deep impact on Uttar Pradesh, where Mr Kalyan Singh?s future moves could determine the course of the state?s politics.

To: Mohan Marette who wrote (9815)	11/28/1999 12:17:00 PM
From: Mohan Marette	Respond to of 12475

Another millionaire repays 'debt' to India Vivian Fernandes November 28, 1999, 17:00 Hrs (IST) New Delhi: This is yet another story of expatriate Indian professionals repaying their debt to their parent country having converted their intellectual capital into enormous financial property in the United States. Vinod Gupta, chairman of InfoUSA and rated to be among the 400 wealthiest persons in the world, has set up a $1 million polytechnic for women at remote Rampur Maniharan in Uttar Pradesh. Gupta hopes that the polytechnic, named after his mother Ram Rati Devi, will have a "big influence on the way girls will be taught." Besides providing the conventional secretarial, garment design and horticulture courses, it will also enable them to participate in the software industry through computer courses. When it is ready in a year's time about 200 girls will be able to study in the institute. In 1991, Gupta, the alumnus of Indian Institute of Technology (IIT), Kharagpur made a $2 million contribution to set up the Vinod Gupta School of Management in the institute. The institute now offers an MBA programme to engineering graduates with 5 years of work experience. Gupta also provides indirect employment to around a thousand persons in India through companies like Innodata near Delhi and Haystack in Chennai who compile databases for his company in the US. InfoUSA is supposed to have the most comprehensive bank of information on businesses in the US and Canada from which lists and profiles of customers can be drawn. Gupta is also a partner in New Delhi-based Quest Venture Coordinators, which has former Indian President Shankar Dayal Sharma's son Ashutosh Sharma as its chairman. Quest does the hand-holding for American companies interested in investing in India, though it does not itself do the investing. Stories of riches become more interesting, the more tattered the rags are. Gupta came to the University of Nebraska's agricultural engineering department in Lincoln with $58 and a B Tech degree from India. His backed that up with another engineering degree form Nebraska and a Masters in Business Administration in 1971 and joined Commodore, a manufacturer of mobile homes. It was while he was on an assignment to make a list of mobile home dealers in the US that he got the idea to trawl the yellow pages for customer profiles that set him on his entrepreneurial journey. Gupta is also passionate about bringing his country of origin and that of his domicile together. Which is how he got Larry Pressler, Republican Senator for 22 years from Omaha, to India on a lecture circuit as well as to inaugurate his polytechnic. At a talk at the IIT, Delhi, Pressler said President Clinton's visit to India next year will mark a point of discontinuity with past history that has seen the two countries as Cold War antagonists. Pressler himself has advocated liberal issue of H1B visas to Indian professionals on short-term work in the US. But with advances in telecommunications and the Internet it is now possible to export brainware without leaving shore, making immigration largely unnecessary, he said. However, residents of Rampur Maniharan will swear that it was immigration of one of its sons that earned them dividends in the form of a spanking new polytechnic three decades later. (India Abroad News Service)