Word: delhi
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...companies that can suddenly buy assets globally. "Internationally they are very competitive and thanks to the downturn in places like the U.S. there are assets that are now available at much lower valuations," says PWC's Jha. "The next step is inevitably overseas." With Reporting by Jyoti Thottam/New Delhi...
...Kathputli is New Delhi's largest performers' colony, home to magicians, dancers, puppeteers, acrobats and drummers whose families migrated here during the 1960s and 1970s from villages across India. An illegal settlement in an impoverished northern pocket of the city, the colony is a thriving paradox. Its denizens invite their audiences into lofty worlds where anything is possible, defying gravity with an infectious joy that rises from the squalor like a rabbit from a hat. Some of its more talented residents have found themselves performing for the likes of Sonia Gandhi, India's most powerful politician, only to return...
...wooden puppet, began a half century ago with seven tents housing an extended family of puppeteers - gypsies from Rajasthan. Next came the magicians, nomadic Muslims from South India. They were joined, in the 1970s, by acrobats from Mumbai. Today, the children and grandchildren of these pioneers work New Delhi's weddings, birthday parties and the five-star hotel circuit, and many jet-set around the world to perform at international festivals, all expenses paid...
There have been changes higher up the chain of command too. In the past few months, New Delhi has promised an extra $153 million for tiger conservation, outlined a plan to move 200,000 people away from the edges of tiger parks and said it wants to expand tiger reserves. But with the conviction rate for poaching still pitifully low, saving tigers will often come down to better park management...
...Coke knows the risks well. In 2002, residents of Plachimada, a village in India's southern state of Kerala, accused the company's bottling plant there of depleting and polluting groundwater. Two years later, the local government forced Coke to shut down the plant. In 2006, when a New Delhi research group found high levels of pesticides in Coca-Cola and PepsiCo's locally produced soft drinks, several Indian states banned their sale. The incidents were particularly worrisome because they hurt Coke's brand in a rapidly developing market that's considered key to future growth...