Word: bharatism
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...filed charges in court, and trials are likely to begin soon. Raju's lawyer, S. Bharat Kumar, was not available for comment. A spokesman for Satyam, which was purchased by the software arm of Mumbai-based auto conglomerate Mahindra & Mahindra earlier this year, declined comment, saying we haven't seen the charge sheet...
...fiscal years, the central government's budget for agriculture quadrupled. Government schemes built rural roads to help farmers get their produce to market, forgave some of their debts and raised minimum purchase prices on cotton, rice and other crops. In 2005, policymakers launched the Bharat Nirman program, aimed at providing electricity, housing and irrigation systems to the country's farmers, and, a year later, the National Rural Employment Guarantee Scheme, which promised at least 100 days of work each year for poor farming households, often on public-works projects to develop infrastructure in the countryside. In the latest federal budget...
...banking. Some analysts are already revising India's GDP growth and corporate earnings outlooks. Chetan Ahya, economist for Morgan Stanley Asia, upgraded his growth forecast for India this year from 4.4% to 5.8%. "The markets are enthused by the current political developments after 18 years of coalition governments," says Bharat Iyer, head of India research at JP Morgan...
...high. Pedersen now has a dedicated phone line - 22 00, if you see anything interesting - to transfer photos automatically from any cell phone directly into VG's system. "Most newspapers view the Internet as a new distribution outlet. VG looks at it as a new way of reading," says Bharat Anand, a professor of corporate strategy at Harvard Business School who used Schibsted as the subject of an admiring case study...
...According to event managers in Mumbai and New Delhi, many Christmas and New Year's bashes at leading hotels have either been cancelled or scaled down. "We've seen 30% to 40% cancellations for New Year's eve in our Goa property," says Anjali M. Chatterjee of Bharat Hotels, who run the Lalit Goa Resort, "Usually there's a spike in bookings for December 23 onwards, but at the moment, things are pretty flat...