Word: birla
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Handsomely mounted on a white horse, India's Prime Minister Nehru last week cantered up a road in the hill resort of Mussoorie. Looking as fit as a much younger man and wearing a red rose in his buttonhole, 69-year-old Jawaharlal Nehru dismounted at Birla House, a large English-style cottage, and strode across the green lawn in the glittering afternoon sunshine that drenched the surrounding fir trees and the distant snowy peaks of the Himalayas. A line of Tibetan officials bowed to Nehru, presented him with an armload of ceremonial white scarves. The curtains parted...
After a four-hour conference with the Dalai Lama, Nehru emerged from Birla House and, faced by a battery of cameras and microphones, gave reporters a two-minute interview. It had been, said Nehru, "a very full talk, I hope a helpful talk." Then he offered an unintentional assist to the Red propagandists by conceding that, while in Lhasa, the Dalai Lama had indeed written "friendly" letters to the Red commandant because he 1) was passing through difficult and troubled times, and 2) was trying to avoid open conflict with Peking...
...weeks he trebled his capital. Indian Banker G. D. Birla, whom Graham met in San Francisco at the International Industrial Development Conference (TIME, Oct. 28), made good on a promise to match the capital in rupees. Another Indian millionaire promised an additional $200,000 in rupees; two textile magnates raised $25,000 more. Indian Industrialist J. R. D. Tata, owner of 25-company Tata enterprises (TIME, Sept. 30), is expected to come in soon...
...money to work without throwing it away was another story. As Banker Birla put it: "Any fool can make money in the U.S., but to make money in India is an art. India is like the sands of the desert, where money can disappear like water." Because only "some success stories" can really get his crusade moving, Graham now believes that he must focus on bigger deals first before he can make the thousands of little ones he dreams of. In Bombay he put up $20,000 to match $20,000 in rupees" from Textile-man P. N. Kejriwal...
...Socialist bias of Nehru's political philosophy, which expressed itself two months ago in a tax on capital assets, discourages private industry, foreign and domestic. Said leading Indian Industrialist G. D. Birla: "As things stand now, there is not the slightest possibility of raising any sizable capital in India...