To: Satish C. Shah who wrote (4329 ) 5/24/1999 10:50:00 PM From: Mohan Marette Read Replies (1) | Respond to of 12475
Boy,Roy, Oh MY!!! Hi Satish: Get a load of this....hey may be we should quit this stupid stock market and try our hand at this writing bit,you think???? Seems quite lucrative to me :-) and forget Software & Engineering too much work I say...<vbg> ======================Books: The novels of four new Indian English authors are attracting fabulous sums from publishers. And the west just loves it. By Ashok Banker If you thought Arundhati Roy and Vikram Seth were the last and second-last words in contemporary Indian English literary hype, then you're using a faulty calculator. The list of authors just grew longer by four names, and from all indications, that's just the beginning of a literary nuclear explosion with India as ground zero. Indian English authors are finding that their prose converts instantly to paper currency. Earlier, even top authors such as Upamanyu Chatterjee, Vikram Chandra and Amitav Ghosh could expect to get perhaps £10,000 to £25,000 as an advance against royalties for a novel. Today, the stakes have gone up substantially.Four new Indian authors writing in English are attracting incredible sums ranging from £100,000 to £500,000. One of them, Raj Kamal Jha, is still counting his incomings from various language and subsidiary rights all on the basis of just 20 pages of manuscript! When the count is over, he could be expected to pull in perhaps as much as £1 million for all world rights. And Picador, the publisher that first picked him up on the basis of those 20 scintillating pages, claimed to have earned out their advance even before the book's publication!.......the-week.com