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Issue 178, Friday 28 March 2008
 
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*** BUSINESS NEWS ***
India's Tata group buys Jaguar, Land Rover for $2.3billion
India's Tata seals deal to buy Jaguar, Land Rover for $2.3 bn
Tata Motors said today that an agreement has been reached with Ford Motor Co to buy two iconic British auto brands - Jaguar and Land Rover - for $2.3 billion. Ford acquired Jaguar for $2.5 billion in 1989 and Land Rover for $2.75 billion in 2000 but put the two marquees on the market in 2007 after posting losses of $12.6 billion. right arrow read more
Virgin Mobile in India
Tata-Virgin tie-up can go ahead, says Indian DoT
The Indian Department of Telecommunications (DoT) Wednesday said it will not stop Tata Teleservices from launching mobile phone services in partnership with Britain's Virgin Mobile, but it sought "information" on the deal, a senior official said. right arrow read more
Bollywood star Shah Rukh Khan promotes ICICI Bank.
ICICI Bank loses $264 million to sub-prime crisis
India's leading private bank ICICI Bank has suffered losses of over $264 million due to the sub-prime mortgage meltdown in the US, the highest loss reported by an Indian bank. Minister of State for Finance P.K. Bansal told the Indian parliament ICICI Bank's international operations had suffered losses amounting to nearly $264.34 million. right arrow read more

Narayana Murthy

Narayana Murthy on HSBC board as profits rise on Asian success
Infosys founder N.R. Narayana Murthy is to be inducted as a non-executive director of HSBC Holdings, Europe's largest bank, which Monday reported second-half profits as rising 17% on the back of emerging market lending. The induction of Murthy was part of a board revamp with the bank expected to focus on China, India and other emerging markets. right arrow read more
*** USA BUSINESS NEWS ***
Indra Nooyi
Nooyi's pay package at Pepsi: over $14 mn
Indra Nooyi, the India-born chief executive of PepsiCo, received $14.74 million in compensation in 2007, her first full year as head of the world's second-largest soft drink maker. Her 2007 compensation value more than doubled the $6.3 million she was paid in 2006, when she served as Pepsi's chief financial officer. read more read more
Ronen Sen
Indian dock workers in US allege surveillance
Nearly 100 Indian workers who broke an alleged human trafficking racket and are marching from New Orleans to Washington, D.C., to meet the Indian ambassador, have alleged surveillance by US immigration authorities. The workers say they have faced surveillance and harassment by immigration officials since the beginning of their "satyagraha" march last Tuesday. read more read more
Netjets
Netjets enters Indian market
Warren Buffet-promoted private jet company NetJets is entering India to tap the fast-growing market here, said its executive vice president Graeme Weston. NetJets has a fleet of 751 aircraft including Gulf stream & Boeing jets. read more read more
Bill Gates' Microsoft is the biggest user of H-1B visas in the USA.
H-1B professional visas creating jobs in US: study
Confirming Microsoft Chairman Bill Gates' contention that an arbitrary cap on H-1B visas is forcing them to outsource jobs, a new study shows US technology companies average 470 job openings for skilled positions while defence companies have more than 1,265 each. read more read more
Sam Pitroda
Global Indian award for Sam Pitroda
The Canada-India Foundation (CIF) has decided to honour Indian Knowledge Commission chairman Sam Pitroda with the first annual Global Indian Award for pioneering the telecom revolution in India. Called the CIF Chanchlani Global Indian Award, it carries $50,000 in cash. read more read more
Amar Bose
Man behind Bose audio systems in Inventors' Hall of Fame
Amar Bose, a pioneer in modern acoustics who is known for the high-end audio products bearing his name, has been inducted into the National Inventors Hall of Fame in the US, which has previously honoured Thomas Edison, Graham Bell and the Wright Brothers. read more read more
Vayalar Ravi, Minister of Overseas Indian Affairs
Indian dock workers protest in US; embassy sends probe team
Some of the 500 Indian dock workers who filed a lawsuit accusing their US employer and recruiters of human trafficking held a rally in New Orleans, even as India Tuesday suspended the licenses of two Indian recruiting agents who sent the workers to the US. Meanwhile, the Indian embassy in decided to send a fact-finding team. read more read more
*** UK flag ENTERTAINMENT NEWS ***
Darbar South Asian Music Festival
Darbar South Asian Music Festival, 4 - 6 April 2008
The Darbar South Asian Music Festival 2008 (April 4th to 6th) includes established artists like the multi-talented Pandit Nayan Ghosh on Tabla and Sitar, Surbahar maestro Irshad Khan and Uday Bhawalkar representing the ancient tradition of Dhrupad. read more read more
'A Perfect Ganesh'
'A Perfect Ganesh': UK Tour 12 March - 13 April 2008
Phizzical Productions present ' A Prefect Ganesh' which debuts on 12 March and tours until 13 April 2008. Written by Terrence McNally, 'A Perfect Ganesh' is a comedy about two suburban women who travel to India and discover the unexpected. right arrow read more

The Ramayana: Love and Valour in India's Great Epic: 16 May - 14 September 2008
iPak - 10,000 songs, 10,000 images, 10,000 abuses
Sristhi presents 'Playball', UK Tour 11 March - 12 April 2008
'Nowhere to Belong', UK Tour 25 February - 20 June 2008

 
UK flag EVENTS CALENDAR: 29/03/2008 - 05/04/2008
29/03/2008 London: Raj&Pablo's Bollywood Nights.
30/03/2008 London: A Touch of Spice.
31/03/2008 London: My Life, My Words - Remembering Mahatma Gandhi.
01/04/2008 London: Women's Writing from India.
01/04/2008 London: Poster Women.
02/04/2008 London: Lage Raho Munnabhai.
03/04/2008 Leicester: 'A Perfect Ganesh'.
03/04/2008 Nottingham: Nowhere to Belong - Yasmin Alibhai-Brown.
03/04/2008 London: Nothing But The Salt by Vayu Naidu.
03/04/2008 Bath: Srishti Presents 'Playball'.
04/04/2008 Leicester: Darbar South Asian Music Festival 2008.
04/04/2008 London: Samvaad.
05/04/2008 Slough: Curryaoke.
05/04/2008 London: Asha for Education Holi Dance Party.
 
UK Events EVENTS CALENDAR ***
Asian Events Calendar Want to know more about what's on when? Click here for the UK Events Calendar and search by 'Location' for what's on in your area.
THEREDHOTSHOP
Butterfly silhouette lace trim top in brown & yellow and purple & lime.
Lace Trim Top
Butterfly silhouette lace trim top in brown/yellow & purple/lime green £29.95
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** SPRING SALE **
Fine Knit Long Cardigan in New Brown/Grey

Fine knit long cardigan with a satin belt in black or new brown/grey
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Pointelle Wrap Cardigan in black, grey & purple
Wrap Cardigan
Pointelle wrap cardigan in 4 colours.
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Lace Trim Pointelle Vest in black, grey & purple
Lace Trim Vest
Lace trim vest in black, brown/grey, purple & jade
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Belted Satin Skirt in 3 shades of grey
Belted Satin Skirt
Belted satin skirt
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Velvet Midi Skirt in Chocolate Brown & Rust
Velvet Midi Skirt
Velvet midi skirt with in teal or rust
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Flower print long sleeve cotton jersey t-shirt in black
Flower Print top
Long sleeve cotton jersey top
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Flower print long sleeve cotton jersey t-shirt in purple
Flower Print top
Long sleeve cotton jersey top
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Long sleeve cotton jersey top in blue, brown & khaki
Cotton Jersey Top
Cotton jersey top available in blue, brown & khaki

sale icon £22.50, NOW £15
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