July 1 Pages 27-36

Indo American News • Friday, july 1, 2011

ONlINE EDITION: www.indoamerican-news.com

Friday, June 110, 11 202011 m ly 0 , n-news.co u J y a a c i Frid r me indoa www.

www.indoamerican-news.com

27

IndoAmerican News

Business IndoAmerican News

STOCKS • FINANCE • SOUTH ASIAN MARKETS • TECHNOLOGY

Power Tube India Embarks on joint Venture for Geo Magmatic Power Plants H O U S TO N : P o w e r Tu b e International has concluded a joint venture partnership with Kuldip Singh, owner of Power Tube India to cover the entire Indian Sub-continent which was selected for its unique geopolitical, ethnic, geographic and historical associations with its neighbors under historical considerations.

Singh was selected over 13 other international firms for the JV and will also provide an assembly plant for the Power Tube system.

The Power Tube is a geothermal magmatic driven generator. One 10 megawatt unit can eliminate 400 tons of atmospheric pollution, the equivalent of 1 million gallons of fuel or of 1240 tons of coal. It provides a total non-contamination environment, does not produce acid rain, create landscape eyesores or visual pollution or destroy the fauna or flora.

The Power Tube system has taken almost 11 years to develop and has replaced successfully the

usual power generation technology that is over 150 years old. New technology, materials and scientific calculations had to be developed to get Power Tube to where it is today.

Long periods of testing on two prior prototypes, MB 2000 and MB 2002 eliminated any doubts about the technology and innovation developed the knowledge base to assemble, test and certify the commercial prototype, Argus A10.

One Power Tube unit of 10 MW needs only 10x10 meter land, where as other conventional systems need minimum 10 Acres. One 10MW unit needs 3 months to install, others need minimum 3 years to install For a larger unit, the 10MW Power Tube, the savings to the environment over one year (compared to equivalent hydrocarbon production) would be to eliminate the equivalent of burning 1 million gallons of fossil fuels, 1,450 tons of coal for steam

or 400 tons of pollutants into the atmosphere.

Power Tube’s technology will also eliminate the danger of contamination of underground aquifers. It will not contribute to acid rain, prevents global warming and does not use any atomic fuels.

It will provide a higher standard of living in third world countries by providing clean affordable energy that will not devastate the landscape.

The Power Tube system is the logical Solution to curbing vast levels of energy pollution since it does not consume hydrocarbons and so does not generate any pollution or acid rain. The electrical energy does not consume natural resources but comes from a renewable resource and is produced at a low cost. Finally, the equipment leaves a small visual footprint and requires minimum maintenance.

“This new product has the potential to provide a higher standard of living in Third World

Doyle Brewington, CEO of Power Tube International with Kuldip Singh, CEO of Power Tube Indis. The two have concluded a Joint Venture agreement for bringing the technology to India. countries by providing clean India,” he added after the meeting, affordable energy”, said Singh. “and invite investors to join us.”

“We are eager to start operations in Continued on page 28

S A V E  T H E  D A T E Sewa International

Annual Fundraising Gala

SEPTEMBER 10, 2011 At the University of Houston ballroom 6 pm Houston.sewausa.org (512) 554-6498

INDO AMERICAN NEWS • FRIDAY, jul julY 1, 2011 • ONl ON INE EDITION: WWW.INDOAMERICAN-NEWS.COM

IamBusinessNews

28 Indo American News • Friday. July 1, 2011

online edition: www.indoamerican-news.com

Power Tube India Embarks on Joint Venture continued from page

27

Singh has plans to build 4 or 5 assembly plants for the Power Tube in various parts of India as well as separate plants for the drilling equipment. The Indian operations will be headquartered in Chandigarh where Singh already has an IT business, Allied Technology. Singh has several businesses in Houston and has over 40 years of experience as an electrical contractor in India.

Himachal Pradesh is reportedly considering experimenting with Power Tube Technology according to HP chief minister Prem Kumar

Dhumal after a recent meeting with the Singh in New Delhi.

He said that the state was also working on solar and wind energy generation technologies and would explore the possibilities of experimentation of Power Tube, low cost, non-polluting and silent power generation system also which could supplement the power demand of the state.

Singh advised Dhumal of the benefits of the Power Tube system and invited him to visit power plant sites in USA. He said that Himachal Pradesh had varied climatic zones

and the technology would be of immense benefit to meet the local electricity requirements of consumers.

Singh has also been approached by officials of the Jammu & Kashmir to see the feasibility of beginning operations in the state.

Inderjit Singh CEO of Power Tube India Chandigarh visited Power Tube Houston for the Technical conference. He says that the chief minister of Himachal Pradesh will visit Houston in the third week July for further discussion on installing Power Tubes in India.

Amul to Take Taste of India to US, Europe ANAND (TOI) : The cradle of India’s White Revolution, the Kaira District Cooperative Milk Producers’ Union Ltd — better known as Amul Dairy — will now take the big leap of entering the US and European markets. The ‘Taste of India’ would reach the doorsteps of ethnic South Asians living abroad as the country’s premier dairy cooperative plans to set up manufacturing bases outside India.

This decision was taken during the 65th annual general meeting held on Saturday.

Amul will initially produce ghee

and paneer. “There are around four million Indians and six million Asians settled in the US. We are exploring the country to tap the real

market potential of brand Amul, which is still not realized there,’’ Amul Dairy’s managing director

Rahul Kumar told TOI. The dairy co-operative union will finalize the exact location for the proposed facilities within a month. While California, Virginia and Wisconsin are considered to be milk-rich states of the US, the concentration of Indians , especially Gujaratis, is more in states like New Jersey and New York.

The urge for ghee among ethnic Indians is satisfied in the US largely by Canadabased players like Nanak and

Swami Vivekananda Yoga Anusandhana Samsthana

(VYASA) Offers Weekend Yoga Classes

By Experienced Yoga Instructors Saturday: 9.30 to 10.45 am • Sunday:

8.30 to 9.45 am

Free Introductory Class Fee: $ 80 per month Walk-in: $ 10 per class Coming Soon - Week days

General Yoga for Home Makers

IA News © 2010

Venue: Keshav Smruthi, 4018 West Hollow Parkway.

Houston, TX 77082 Please call • Rama Rao or Meera Rao: 281-352-8145 • Menaka Rammohan: 281-531-9552 • Raj Karia: 281-433-7581 • Manju Banthiyam: 281-468-7472 • Sarika Phalak: 281-561-5356 • Email: svyasa.international@gmail.com

continued on page

31

India’s Growth to Overtake China: Chief Economic Advisor WASHINGTON (ET): India’s investment in India’s long-coveted growth rate is poised to overtake retail sector would help temper China’s within two to three years, inflation and provide better despite a near-term slowdown, a management of food supplies. top Indian economic advisor said.

Lael Brainard, the U.S. Treasury’s Kaushik Basu told a conference undersecretary for international that it was necessary for India affairs, told the conference the two to throttle back growth in the countries have tapped only a small short-term to control inflation fraction of their joint economic and preserve long-term growth potential despite rapid growth in prospects.

“I would argue that this is a road bump, a sticky patch.

The medium- to long-run growth prospect for India happens to be very good,” he said.

Basu, speaking at a conference ahead of highlevel U.S.-India economic talks, said India’s Ministry of Finance would make new growth projections Kaushik Basu, economic advisor next week. He said there was “a lot of lamenting” about trade in recent years. a slowdown from India’s recent She called for “reinvigorating” growth rates. the two countries’ commitment to The economy grew 8.5 percent domestic reform in their financial in the last fiscal year, but growth services industries and broader slipped to 7.8 percent in the economies.

January-March period.

“We are going to continue Basu, the finance ministry’s top to deepen our collaboration in economist, said the government the Financial Stability Board, was moving forward with plans to the IMF and the G20, where the change the way it subsidizes fuel U.S. and India -- based on our and would allow kerosene to find shared growth model, powered by its true market price while giving domestic consumers, by markets, vouchers to the poor to directly by innovation -- will work together subsidize their purchases. to advance our goals for moreHe said allowing foreign balanced growth,” she said.

Airlines Focus on Holiday Trip Packages to Generate Growth NEW DELHI (DH): Trying to cash in on the peak summer travel season, an increasing number of Indian and international airlines are transforming themselves into wholesome travel managers, providing hotel bookings, sight-seeing tours and even local conveyance, both overseas and within the country.

According to aviation analysts, over 13 million Indians travelled abroad for business and leisure last year.

“Holiday packages provide airlines with a value-added product which guarantees increase in revenues especially in the holiday season. Even hotels and other partners benefit from the package,” Amber Dubey, director, aerospace, for KPMG said.

Air India gets 20% of its revenues from holiday packages during the holiday season.

Vacationers and business travellers globally look forward to the ‘one-stop’ shop concept like ‘dial a holiday’ and ‘web-based’ travel and stay plans.

“Air India was the first airline in India to start it. Internationally this is a well- known and successful revenue model for airlines,” saying that Air India started holiday packages in early 2000s.

Vijay Mallya-promoted Kingfisher Airlines was among the first to offer holiday packages this summer season through a membership program. The packages were launched in collaboration with Royal Caribbean International, a global cruise lines operator.

“The alliance with Royal Caribbean International is yet another initiative that will expand the range of exciting and exclusive benefits we offer,” said Anshu Sarin, vice president, guest loyalty and Kingfisher holidays.

Budget carrier IndiGo Airlines followed up with an exclusive packaged holiday service‘Get Packing’ which allows travellers to book - flights, hotel accommodation, airport transfers in various price ranges.

“It is a simple idea which is perfect for people who want high-quality travel experience at low prices, with minimal wastage of time for booking flights, hotel accommodation and enjoy their vacation,” Aditya Ghosh, president of IndiGo, said.

IndiGo has150 packages that offer 30 vacation spots with a variety of tours like religious, business and leisure destinations.

Hotel chains like Accor Group, Fortune, Sarovar, The Pride and Lemontree have joined the IndiGo service. Other service providers such as transportation, food and beverages benefit by joining airlines that provide them.

International air carriers like Air Arabia have also jumped into the holiday package segment, by offering customized tours for Indian travellers to Kenya.

The Saudi Arabia-based low cost carrier’s summer package to Kenya starts at $1076.80 (Rs. 49,500) and can be availed from six Indian cities.

For Classifieds: 713-789-6397

INDO AMERICAN NEWS • FRIDAY, july 1, 2011• ONLINE EDITION: WWW.INDOAMERICAN-NEWS.COM

ON INE EDITION: www.indoamerican-news.com ONl ONlINE

Indo American News • Friday, july 1, 2011

29

Baba Ramdev’s Ten Point Charter to Free India from Black Money

By S GanGadharan MUMBAI (DNA) Baba Ramdev’s ten-point charter of demands to usher in a new India freed from the vice-like grip of black money has only been cursorily dealt with in the media, with the man behind it stealing all the limelight. Of Ramdev’s demands, at least one — the removal of high denomination currency notes from the economy to prevent internal black money generation — is too important to be dismissed out of hand. In a land where currency is still king, and small transactions a legion, the policy tilt towards issue of bank notes of Rs500 ($12) and Rs1,000 ($22) and whether this fosters the climate for illicit transactions need a critical look.

US and UK have done it Let’s consider the situation in the US and the UK. In the US, the highest denomination bank note is $100 and in the UK, it is 50 pound sterling. As a multiple of the basic currency unit, it is 100 in the US and 50 in Britain. In India, however, the highest value bank note is 1,000 times the basic currency unit — a rupee. These two nations have avoided higher denomination only because they facilitate corruption, money laundering, and other acts

of malfeasance. With advanced payment settlements in place, the use of cash is restricted to small transactions. Clearly, the monetary authorities in the US and UK have found a link between high value bank notes and clandestine dealings, and this has influenced their approach to printing security notes.In India, too, we have seen in recent years shady dealings of this sort, and Parliament itself saw a display of huge chunks of currency.

Getting back to Ramdev’s charter, it goes on to observe in a language that economists might be proud of, “Today, we have Rs100 lakh crore of black money inside our economy and that’s because Rs1000, Rs500 notes make it easier for corrupt people to transport, carry and store large sums of money for purpose of illegal and corrupt dealings. These notes should be removed immediately. There is no use of these notes when 80 crore + people in our country live on a daily income of Rs20 (0.50 cents) and never get the luxury of even seeing a Rs500 note.”

There is an element of truth here.

Because of the short life span of smaller denomination notes, they have been coinized. (By the end of

Baba Ramdev started the fast against corruption in India, bribes are a way of doing business in the homeland. Black money or unaccounted money floats in the economy daily trading hands in business transactions. The corruption is so rampant that the government is now thinking of ways to curb it by giving all its citizens a bio-metric ID number. There is a lot of cleaning up to do, but it is definitely a start in the right direction for India

this month, even the 25 paise coin will cease to be legal tender). This means more demand for notes in the denomination of Rs10, 20, 50 and 100. But even the availability of these notes — as a proportion of the total notes issued in value terms — has shrunk.

The Reserve Bank of India says that its policy in this regard is influenced by the demand for notes of various denominations, the replacement of soiled notes and reserve requirements. Of course, economic growth is also one deciding factor. But it is still difficult to accept that the demand for smaller value notes has abated and hence the drop in both their value and volume in relation to the total over time.

The ATM factor More probably, practical considerations have come to the fore. Printing high value security notes is economical. As the RBI has noted in its last annual report, the cost incurred in this respect has

nearly doubled to Rs.2,754 crore ($600M) in 2009-10, from Rs1,440 crore ($313M) in 2004-05. A new factor was the widespread use of ATMs. Started in a small way in the late eighties, now the use of ATMs is widespread, and the use is largely confined to withdrawals of cash.

Here, stocking these machines with higher denomination notes makes sense, as the need for replenishment at longer intervals helps banks save both operational and capital costs.

Thus, the bias towards Rs500 ($12) and Rs1,000 ($22) notes is technology- driven - the spreading network of ATMs. The irony is that while the rich can avail of modern modes of payment, the common man’s cash needs are rather small.

Yet, the pattern of bank notes in circulation favours the former at the expense of the latter.

The larger issue remains. The amount of black money in the economy and the rate of its growth are disturbing. But demonetisation of high value notes may not help much as the ill-gotten wealth might be kept in gold or invested in real estate.

Rather, if such an effort is made, instead of a brief case, both the bribe taker and the bribe giver may be obliged to carry a suit case - inconvenient no doubt but not that difficult. The causes of the proliferation of unaccounted wealth have to be tackled first - why is it that without greasing palms, one cannot secure a ration card, a driving licence? A frontal attack on black money must be the first step. A rapid switch-over to noncash modes of payment must be made. This will pave the way for a currency management policy in which smaller denomination notes are preferred.

Corruption , Kautilya wrote in his Arthasasthra, is like fish drinking water. It exists but is hard to detect.

Baba Ramdev’s charter of demands and the demonetization of high value notes can address the issue once it comes to the surface; but to nip it in the bud, a new national ethos, a conducive tax policy and compliance regime, and effective regulatory and enforcement machinery must be in place. The Augean stables have to be cleaned first. Are our political masters up to the task?

• Furniture • Auto • Pets • Garage Sale • Real Estate • Business for Sale ~ Call us For Classifieds: 713-789-6397 INDO AMERICAN NEWS • FRIDAY, jul julY 1, 2011 • ONl ON INE EDITION: WWW.INDOAMERICAN-NEWS.COM

30 Indo American News • Friday. july 1, 2011

IamBusinessnews

ONlINE EDITION: www.indoamerican-news.com

Tatas Overtake Ambanis on Market Wealth

Babulbhai

NEW DELHI (ET): Tatas may not be known for being on the stock-based rich lists, but changing market dynamics have led to the salt-to-software conglomerate overtaking the combined market wealth of the two Ambani groups put together.

The share prices have been tumbling in recent past for both the Reliance groups, led by the billionaire brothers Mukesh and Anil Ambani, and the analysts put the blame on a string of controversies surrounding them for many months now. On the other hand, a host of Tata group firms have grown stronger, in terms of stock market valuation, while shrugging off an overall bearish sentiments in the broader market and even some controversies related to them.

In the process, the stock market wealth of the entire Tata group has grown to close to Rs 4,40,000 crore - highest for any corporate house and bigger than the combined figure of the two Ambani groups together at about Rs 3,67,000 crore.

This marks a sharp reversal of the things seen about an year ago, when Tatas were smaller than the Mukesh

Ambani group alone. Tatas have about 30 listed companies, while the Mukesh Ambani group has only two.

As per the latest market value of individual groups, Tatas rank on the top, followed by Mukesh-led Reliance group at second position

Ratan Tata

with about Rs 2,85,000 crore. The Reliance Anil Dhirubhai Ambani Group (R-ADAG), which ranked third after the Mukesh-led RIL group and Tatas a year ago, does not figure even among the top 10 groups now. In the past one year, R-ADAG’s market wealth has plunged by over Rs 60,000 crore to close to Rs 82,000 crore now.

The Mukesh-led group’s valuation has also fallen by about Rs 73,000 crore, but that of Tatas has grown by more than Rs 1,00,000 crore in

the same period.

The Tata companies that have added significant market wealth in the past one year include TCS, Tata Motors, Tata Steel, Titan, Tata Coffee, Tata Chemicals and Rallis.

On the other hand, all the companies of the two Ambani groups, barring the smallest of them Reliance Broadcast Network, have lost market value since July last year. In the MDA group, Reliance Industries has lost about Rs 72,000 crore, while the only other listed firm Reliance Industrial Infra Ltd has also lost about Rs 650 crore.

Among ADAG firms, the losses are about Rs 21,000 crore for RCOM, about Rs 20,000 crore for R-Power, Rs 14,000 crore or R-Infra and over Rs 5,000 crore for Reliance Capital.

While the Reliance companies have been traditionally known as very aggressive when it comes to the stock market, Tatas have been mostly known as conservatives on this front. Investors have historically preferred Reliance stocks for wealth creation, but situation is changing drastically as both Ambani groups are giving below-market returns.

RELIGIOUS SERVICES RELIGIOUS SERVICES

Chinmaya Mission Session in June and August ; Sunday satsanga for adults and Bala Vihar (PreK to Grade 11) Summer Schedule! from 10:50 AM to 12:30 PM at Chinmaya Prabha, 10353 Synott Road, Sugar Land, TX77498.

No satsang from 7/10 to 7/31. Enrolling for new Bala Vihar year. New members visit welcome 281-933-0233 desk 10:15 to 10:45 AM. Visit www.chinmayahouston.org or call Bharati Sutaria 281.933.0233 Sri Guruvayurappan Temple hours Mon-Friday : 6-8 AM; 6:30 -8:00 PM; Weekends & Holidays 6:00-11:00 AM; ( Krishna) Temple 5:30-8:30 PM. Kerala’s Tantric pooja system followed.

713-729-8994 • www.guruvayur.us. Located: 11620 Ormandy Street

Shri Kripalu Kunj Ashram 713-344-1321

KCHN AM 1050 Every Sunday 10 AM to 1 PM CST Live at www.radiohungama.net Contact: Sridar Dadi at

281-217-9736

houstonradio@yahoo.com

Satsang & spiritual discourses, Sun: 10.30 am.-12.30pm. with simultaneous program of Hindi, Sanskrit and Moral science for kids, dance classes for children and adults every Fri:8 pm, 2710 Ashford Trail Dr., Houston TX 77082, www.shrikripalukunj.org

To list your Religious Organization events here, please call us at 713-789-6397 This service is available for a nominal fee of $150 / yr (52 issues).

Temple?

Mosque?

Feature your Weekly Events in our Religious Services Section above! Call 713-789-6397 Let the community know about your programs!

Call us today!

Church?

Gurudwara?

INDO AMERICAN NEWS • FRIDAY, jul julY 1, 2011• ONl ON INE EDITION: WWW.INDOAMERICAN-NEWS.COM

online edition: www.indoamerican-news.com

IamBusinessNews

Visa Fee Hike: India Asks US to Exempt Indian Citizens from Social Security Tax WASHINGTON (ET): India country. said raised its concern on these today asked the US to move ahead Sharma was here to attend issues. The USA’s move have with an agreement which would India-USIBC meeting. Under caused considerable concern and exempt professionals from payment the James Zadroga 9/11 Health apprehension in the USD 60 billion of security taxes to mitigate the and Compensation Act, last year, Indian IT industry, which gets over impact of a visa fee hike last year. America had imposed 2 per cent 60 per cent of its business from Both the sides are the US. negotiating Bilateral Further, Sharma has Totalization Agreement invited investments (BTA), which once signed, from the US in sectors would benefit lakhs of like agriculture, Indians who are working in infrastructure and agroAmerica and paying social processing. security but are unable to There is a requirement get any benefit out of it. for investment to bring The issue, which has about the Second Green an impact on the Indian Revolution in India and IT industry, came up to develop the agrofor discussion between processing and food Commerce and Industry processing sectors, Minister Anand Sharma Sharma said. a n d Wi l l i a m D a l e y, “There are many gaps Chief of Staff in the US in the infrastructure administration here. which present “He (Sharma) stressed on The Union Minister for Commerce and Industry, Anand o p p o r t u n i t i e s f o r the need to make progress Sharma meeting the Chief of Staff to US President, investment, especially on the BTA and to mitigate William Daley at Washington DC in energy, roads and the impact of discriminatory tax on US government procurement power,” he said, adding India measures such as the Border from foreign companies and also will be spending around USD 1 Security Legislation and Zadroga extended the present visa fee on trillion on the development of Bill enacted last year, which would certain categories by one more year infrastructure in the next Five-Year unfairly tax Indian companies,” a from 2014 to 2015.

Plan beginning in 2012. statement from India’s Commerce The US had also hiked visa fees He also emphasised on the need Ministry said. in certain categories of H1B and to give strength to the ongoing U n d e r t h e a g r e e m e n t , L1, which was mainly used by technological collaboration between professionals of both the countries Indian IT professionals, to fund the countries through institutional would be exempted from social security measures along the US- linkages and co-development of security taxes when they go to Mexico border. technologies. work for a short period in the other India has time and again

Aamir Khan Pulls Off Another Marketing Ploy

Indo American News • Friday, July 1, 2011

31

India Canada Should Work Together for Development: Premier McGuinty TORONTO: Describing India as challenges. “The challenges of a power house, Premier of Ontario India could be the opportunity Donald McGuinty said holding for Ontario and Canada,” Sharan IIFA awards here has opened a said. host of opportunities for both Indian actors, Anil Kapoor, Shah India and Canada to work together and progress.

“There have been talks for collaboration in four fields - mainly digital media, higher education, tourism and clean technology,” said McGuinty during the seminar ‘IndiaOntario Partnership: The Way Forward’, Bollywood superstars Preity Zinta, Anil Kapoor organised by IIFA and Ontario Premier Dalton McGuinty hug enthusiastically at the IIFA Awards in Toronto and FICCI. “It has opened avenues for the businesses of Rukh Khan, Deepa Mehta, Preity both the countries. there are times Zinta, Lisa Ray were present of midnight and high noon in during the ceremony. everybody’s life. Now India is Premier McGuinty presented an fully awake and Ontario, which has Ontario flag to Shah Rukh Khan second largest Indian population as mark of honor and asked the outside India, would provide lots audience to watch his movies. of opportunity to the businesses of Speaking on the occasion, ‘actor both the countries,” he added.

Anil Kapoor said that “There is Addressing the congregation so much content in India, which of Indian business delegation and has so many cultures, values and Indian-Canadians on the occasion, colors which need to be seriously Indian Counsel General Preeti explored that can help make some Sharan said India still has many world class cinema.”

Amul to Take Taste of India ...

continued from page

28

Deep brands as there are not many players in the market. The dairy union may use an existing plant to manufacture the products for which it will invest nearly Rs 35 crore. Initially , it has planned to set up facilities to manufacture 10 tonnes of ghee and five tonnes of paneer per day. ‘’Once we stabilize our operations in the US, we will start working to

develop similar product portfolio for the European market ,’’ says Kumar.

Amul Dairy, which registered a turnover of Rs 2,111 croremanages six plants across the country. ‘’ Despite increase in input costs, we are now paying farmers Rs 390.60, up from Rs 334.25 in the previous year — the highest ever price so far,’’ said Amul Dairy’s chairman Ramsinh Parmar.

Doing Business in India

To g e t information on doing business in India, visit h t t p : / / w w w. investindia.gov. in.

A f r e e information service from IA News

Anywhere, Anytime, www.indoamerican-news.com

MUMBAI (DNAI): Just when we thought actor Shah Rukh Khan had pulled off the country’s biggest marketing initiative by announcing plans of buying the largest number of screens for Ra.One, Aamir Khan has pulled off another brilliant marketing ploy.

On Sunday, 26th June, 2011, Maamujaan has planned a roadblock promotion for bhanja Imran’s Delhi Belly on India’s leading Bollywood channel ETC. In a first of its kind initiative, this Sunday will see India’s first Bollywood channel ETC promoting only one movie —- Delhi Belly!

“The roadblock on ETC is an initiative to push the envelope on the Delhi Belly marketing campaign,” explained Shikha Kapur, Sr. Vice President, Marketing, UTV

Motion Pictures.

“I’ve always maintained that Aamir Khan is not just an actor. He’s an institution in himself and his latest marketing strategy proves just that.

In one move Aamir has generated an interest that is bound to draw viewers to his film,” enthused Komal Nahta, Bollywood trade analyst.

“As a channel we’ve always supported innovation. Hence, when Direct Access and UTV Motion Pictures approached us with this unique marketing initiative, we deemed it right to support it.It is for the first time that any channel in India will be initiating a promotional campaign of this magnum,” said Anurag Bedi, Business Head, ETC.

INDO AMERICAN NEWS • FRIDAY, july 1, 2011 • ONLINE EDITION: WWW.INDOAMERICAN-NEWS.COM

IamBusinessnews

32 Indo American News • Friday. july 1, 2011

ONlINE EDITION: www.indoamerican-news.com

India Calling for Business from Northwest Indiana

A Newspan Media Group Company

English–speaking ability, and low wage and exchange rates.

“I felt we could do business there long term,” Miller said.

He said the country is still facing infrastructure and utilities issues, but there’s been a dramatic improvement since the company launched a plant there in 2003.

Miller said the advantages to doing business in India still greatly outweigh the disadvantages.

“The growing economy is impressive,” he said. “They’re hard–working. It’s been a good relationship and a growing business for us.”

Fellow panelist Robert Johnson is the CEO of Cimcor, a Merrillville company that develops Internet security software. Johnson said the India market is “exciting” and he plans to enter it in the next six to nine months.

“We like a country with mature markets and strong financial institutions in place,” he said.

“Truly India meets those criteria.”

Johnson said his company was originally drawn to selling its product and expanding its market to other countries but assured that the research and development of his product would remain in Merrillville.

“We’re dedicated to trying to help the economy of Northwest Indiana,” he said.

The symposium was initiated by a grant IU Northwest Associate Professor Surekha Rao received from the Department of Education’s

Center for International Business Education Research.

Rao invited local business and community leaders.

“This symposium provided me an insight I did not have before about doing business in India,” Shabbir said. “It also provided me with an opportunity to by speak with the consult of India as to what kind of regulations and rules are required.”

(In the photo: Mukta D. Tomar, Mukta D. Tomar, the Consul General of India, Chicago, addresses Consul General of India, Chicago, a business symposium T:6” on doing business in India at the Indian is the 2nd person from the right) American Cultural Center Photo: John J. Watkins | The Times

LEGAL NOTICE

These Texas Lottery Commission Scratch-Off games will be closing soon: Official Close End of Game Validations Date

GAME #

GAME NAME / ODDS

$

1309

5 Star Cash - Overall Odds are 1 in 3.87

$5

07/21/11

01/17/12

1312

Hot $100,000 - Overall Odds are 1 in 3.82

$5

07/22/11

01/18/12

1345

Loteria® Texas - Overall Odds are 1 in 3.99

$3

07/23/11

01/19/12

1244

Royal 7’s - Overall Odds are 1 in 3.56

$7

08/24/11

02/20/12

1250

Dallas Cowboys - Overall Odds are 1 in 3.47

$10

08/24/11

02/20/12

1283

Silver & Gold - Overall Odds are 1 in 3.87

$5

08/24/11

02/20/12

1308

Hog Mania - Overall Odds are 1 in 4.43

$1

08/24/11

02/20/12

For detailed odds and game information, visit txlottery.org or call 1-800-37LOTTO. Must be 18 or older to purchase a ticket. The Texas Lottery supports Texas Education. © 2011 Texas Lottery Commission. All rights reserved.

VALUE

PRESS

Where the end result is in our name...

THE ECO FRIENDLY PRINTING PROCESS lWe setup as efficently as possible to reduce waste and keep cost low. lWe use soy based for all 4 color printing. lWe use zero VOC solvents. lWe recycle all of our paper waste, used plates, waste inks and solvents.

Give us a call and see how saving the environment can save you money as well!..

10425 S.W. Plaza Dr. Houston, TX. 77074 Off: 713-270-6524 Fax: 713-270-7219

Ken Hoffmann: 832-316-0856

INDO AMERICAN NEWS • FRIDAY, jul julY 1, 2011• ONl ON INE EDITION: WWW.INDOAMERICAN-NEWS.COM

T:4”

By roB EarnShaw MERRILLVILLE (NWIT): A growing economy, low labor costs, a stable political environment and investor–friendly policies are just some of the reasons India is calling for business with Northwest Indiana.

An Indiana University Northwest symposium Thursday on doing business in India welcomed Mukta Tomar, consul general of India in Chicago, who provided a general sense of the business climate in her home country.

The symposium at the Indian American Cultural Center included local business leaders who either have a partnership in India or were in the process of entering that market.

Tomar said the relations between the U.S. and India has seen remarkable transformation during the last decade.

“Today our economic ties are robust and growing,” she said.

A growth rate of 8.6 percent in gross domestic product, a young population, and a country with the second–largest pool of scientists and engineers in the world were some of the factors Tomar pointed out as beneficial for a business relationship with India.

Miller’s Precision Enterprises in Hammond has been doing business with India since 2003. Mike Miller, chairman of the company that produces Tyvek garments, said the company was first drawn to India because of its stable democracy,

online edition: www.indoamerican-news.com

Daryl Harper Blamed for Bad Decisions by India

KINGSTON, Jamaica (TOI): Umpire Daryl Harper came in for some scathing criticism from the Indian cricket team, which blasted the Australian for his poor decisions during the first cricket Test against the West Indies.

Such was the exasperation that a senior member of the side said

pressmen approaching him.

Indians were upset that Harper made at least three critical errors against India and three in favor of West Indies during the match.

“Suresh Raina, Harbhajan Singh and Dhoni himself for done in; (Darren) Bravo twice and once (Shivnarine) Chanderpaul

The opinions of many somehow seem to converge that Daryl Harper is controversial and known to make poor decisions that affected India’s Test results against the West Indies. The Indian players believe that Daryl made three errors that ruled in favor of West Indies during the match, something that the Indians now detest

that whole team wishes that Harper does not officiate in the third Test.

Skipper Mahendra Singh Dhoni did little to hide his disgust at the standard of umpiring in the Test, which they won by 63 runs to take a 1-0 lead.

“If correct decisions were made, the game would have ended much earlier and we would have been in the hotel by now,” Dhoni said at the post match press conference.

The Australian would stand for one last time when India take on West Indies in the third Test at Dominica from July 6.

“We don’t want him -- you can quote it as the reaction of the entire Indian team,” said a very senior member of the side.

Though Dhoni did not name anyone of the two umpires officiating in the match --- Ian Gould (England) and Harper -several Indian players openly termed the latter as the centre of their ire.

“It’s Daryl Harper six not out,” said another senior cricketer as soon as he saw a bunch of Indian

benefitted,” chimed in another Indian cricketer, bristling with aggression.

Raina was given out caught in the leg-trap off Devendra Bishoo and television replays suggested no edge from either bat or gloves of the batsman.

Harbhajan Singh was ruled out leg before wicket when the ball clearly was seen going way above the height of the stumps.

Dhoni was cleanly caught at point region off Bishoo but the bowler had cut the return crease in his bowling run-up and the delivery should have been called a no-ball.

All three decisions in question were given by Harper in India’s second innings.

Then, when West Indies batted for the last time, there were confident appeals against Bravo and Chanderpaul which were not upheld.

The controversial Australian umpire is regarded worldwide as the worst umpire in the ICC list of elite umpires.

Online’s a neat experience! www.indoamerican-news.com Try it!

IamSports

Indo American News • Friday, July 1, 2011

33

Federer Knows a Lot About Cricket, Says Sachin Tendulkar at Wimbledon

LONDON: It takes lot to bowl overSachin Te n d u l k a r a s bowlers around the world would confess but tennis ace RogerFederer managed to do it just by his knowledge of cricket when the two legendscaught up during the Wimbledon.

Te n d u l k a r, a self-confessed Federer fan, met the winner of 16 Grand Slams at the AllEngland Club after the world number three beat David Tendulkar is quite impressed that the winner of 16 grand slams and 6 time Wimbledon Nalbandian to Champion Roger Federer knows a lot about cricket. They spent an hour together as both legends realized it was a great time to catch up and become good friends advance tothe fourth round of Wimbledon. time Grand Slam champion Federer Tendulkar chatted for an hour page.

The 6-time Wimbledon champion said that, today was a special day, with theSwiss and posed with him Roger Federer spent an hour with where he played a good match for photographers.

“Spent an hour withRoger Sachin Tendulkar on the balcony and had an opportunity to meet Federer chatting on the balcony of Wimbledon Royal box at All cricket star Sachin Tendulkar at of Wimbledon Royal box. What England Club in London. After Wimbledon. He added it was the a humble guy!And by the way spending time together, both the happiest moment to meet Sachin, he knows a lot about cricket!!” stars went for dinner. Later, Sachin after a long time and it’s very nice wrote in a twitter that, Federer was to see him at Wimbledon.

Tendulkar later tweeted.

The Indian batsman Sachin has Federer too talked about his a humble guy and he knows a lot been out of cricket action for some meeting with Tendulkar on about cricket.

Sachin Tendulkar along with his time, after winning the World Cup hisfacebook page. wife Anjali was appeared to see 2011 and IPL 4. Meanwhile, Roger “Today was a special day, played the Federer’s match against David Federer will play against Mikhail a good match and hadthe chance to catch up with the great indian Nalbandian, where the Swiss star Youzhny in All England Club in cricket star Sachin Tendulkar,”read has won the match to enter into the last 16 at Wimbledon. (Photo the status message on his facebook fourth round at Wimbledon. The 16- LTG)

Indian Women Go Down, Once Again TAUNTON (Telegraph): India’s batting woes continued as the visitors suffered a humiliating 46-run defeat at the hands of England in the NatWest Women’s T20 Quadrangular Series here on Sunday.

Electing to bat, England rode on a superb 46-ball 66 by Sarah Taylor to post a competitive 134 all out in 19.5 overs.

The hosts then returned to restrict the Indian eves to a paltry 88 for

eight in their stipulated 20 overs at the County Ground here to notch up their third win in the tournament.

Jhulan Goswami and Snehal Pradhan scalped three wickets each, while Amita Sharma snapped two and Daina David accounted for one wicket.

But the batswomen failed once again to chase down a victory target of 135 as only five of their batsmen could reach double figures. Neha Tanwar (17), Mithali Raj (17) and

INDO AMERICAN NEWS • FRIDAY, july 1, 2011 • ONLINE EDITION: WWW.INDOAMERICAN-NEWS.COM

Priyanka Roy (17 not out) were the top scorers for India.

However, it was Sarah who was the star as she blasted eight boundaries and was involved in two crucial partnerships to anchor the home team to a competitive total.

India have lost all three of their T20 matches in the tournament.

Brief scores: England 134 in 19.5 ovs (S. Taylor 66, J. Goswami 3/20); India 88/8 in 20 ovs (Brunt 1/14, Wyatt 2/20) England won by 46 runs.

34 Indo American News • Friday. July 1, 2011

online edition: www.indoamerican-news.com

INDO AMERICAN NEWS • FRIDAY, july 1, 2011• ONLINE EDITION: WWW.INDOAMERICAN-NEWS.COM

Indo American News • Friday, July 1, 2011

Online Edition: www.indoamerican-news.com

! l l e S t s Mu t Move s u M Original Paintings on Canvas

This Weekend Only ly 1,2,3 & 4

Vacating Town Home Memorial/Briar Forest

ellin ine nit e ncl din 8 - eate al inin with Matchin China and e vin Cabinet al Livin fa te Bed with atchin cce ie

Call 832-368-4012 Or for Appointment 832-282-4145

What’s Happening? >> Plenty!!!

Indo American-News can now be found on these web portals worldwide.

Our articles are being featured by Times of India.

Our website has over 150,000 hits every week!

We carry Horoscope weekly with Family Advice!

We have Amar Chitra Katha Comics for the young at heart!

We have exclusive articles that covers news on South Asians around Houston and the world.

We take the time to be a newspaper different from other newspapers out there!

Indo AmerIcAn news • FrIdAy, Ay, A y, JUL JULy y 1, 2011 • on onLI nLIne LIne edIt ItI It tIon: www.IndoAmerIcAn-news.com

35

36

Indo American News • Friday, July 1, 2011

Online Edition: www.indoamerican-news.com

A M A G N U H s s e c c u ational S

Vaada Vaadakeuin Galli Galli M

Sens

Page7

Indo American News • Friday, JULY 1 , 2011 • Online Edition: www.indoamerican-news.com