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sheiklovesfun.rediffiland.com/  
Monday 24 November, 2008
By  sheik maideen   16:35 | 4/Jun/2008 |  7 Comment(s)
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Here's what is happening in India

 

  Capital suggestion


       By Dr Farrukh Saleem


       12/9/2007


 


        Here's what is happening in India:


 


       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 f orty-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 t he second richest.


 


       Mukesh is now building his new home, Residence Antillia (after a


       mythical, phantom island somewhere in the Atlantic Ocean). At a cost


       of $1 billion this would be the most expensive home on the face of


       the


       planet. At 173 meters tall Mukesh's new family residence, for a


       family


       of six, will be the equivalent of a 60-storeyed building. The first


       six floors are reserved for parking. The seventh floor is for car


       servicing and maintenance. The eighth floor houses a mini-theatre.


       Then there's a health club, a gym and a swimming pool. Two floors


       are


       reserved for Ambani family's guests. Four flo ors above the guest


       floors are family floors all with a superb view of the Arabian Sea.


       On


       top of everything are three helipads. A staff of 600 is expected to


       care for the family and their family home.


 


       In 2004, India became the 3rd most attractive foreign direct


       investment destination. Pakistan wasn't even in the top 25


       countries.


       In 2004, the United Nations, the representative body of 192


       sovereign


       member states, had requested the Electio n Commission of India to


       assist the UN in the holding elections in Al Jumhuriyah al Iraqiyah


       and Dowlat-e Eslami-ye Afghanestan. Why the Election Commission of


       India and not the Election Commission of Pakistan? After all,


       Islamabad is closer to Kabul than is Delhi.


 


       Imagine, 12 percent of all American scientists are of Indian origin;


       38 percent of doctors in America are Indian; 36 percent of NASA


       scientists are Indians; 34 percent of Microsoft employees are


       Indians;


       and 28 percent of IBM employees are Indians.


 


       For the record: Sabeer Bhatia created and founded Hotmail. Sun


       Microsystems was founded by Vinod Khosla. The Intel Pentium


       processor,


       that runs 90 percent of all computers, was fathered by Vinod Dham.


       Rajiv Gupta co-invented Hewlett Packard's E-speak project. Four out


       of


       ten Silicon Valley start-ups are run by Indians. Bolly wood produces


       800 movies per year and s ix Indian ladies have won Miss


       Universe/Miss


       World titles over the past 10 years.


 


       For the record: Azim Premji, the richest Muslim entrepreneur on the


       face of the planet, was born in Bombay and now lives in


       Bangalore.India now has more than three dozen billionaires; Pakistan


       has none (not a single dollar billionaire).


 


       The other amazing aspect is the rapid pace at which India is


       creating


       wealth. In 2002, Dhirubhai Ambani, Mukesh and Anil Ambani's father,


       left his two sons a fortune worth $2.8 billion. In 2007, their


       combined wealth stood at $94 billion. On 29 October 2007, as a


       result


       of the stock market rally and the appreciation of the Indian rupee,


       Mukesh became the richest person in the world, with net worth


       climbing


       to US$63.2 billion (Bill Gates, the richest American, stands at


       around


       $56 billion).


       Indians and Pakistanis have the same Y-chromosome haplogroup. We


       have


       the same genetic sequence and the same genetic marker (namely:


       M124).


       We have the sam e DNA molecule, the same DNA sequence. Our culture,


       our traditions and our cuisine are all the same. We watch the same


       movies and sing the same songs. What is it that Indians have and we


       don't?


 


 


       INDIANS ELECT THEIR LEADERS


 


 


 


 

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