Word: indianism
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India likes to trumpet its corporate successes, and this week the emerging global power had plenty to shout about with the appointment of Indian-born Vikram Pandit to head troubled financial giant Citigroup. But even as it celebrated, India Inc. was also up in arms over perceived slights to its ability to run two of the world's most prestigious brands...
First, a group of U.S. Jaguar dealers said they opposed the possibility that Ford, Jaguar's owner, might sell the British luxury car brand to an Indian firm. Two of the three firms that Ford has shortlisted as potential purchasers are Indian: Mahindra & Mahindra and Tata Motors. The dealers said that the sale to an Indian company would hurt Jaguar's image. "I don't believe the U.S. public is ready for ownership out of India of a luxury car make," Ken Gorin, chairman of the Jaguar Business Operations Council, told the Wall Street Journal. "And I believe it would...
...many big indian companies remain family-run that their board meetings might as well be held at the dinner table. Not so at Infosys. Founded in 1981 by seven engineers--none of them related--the Bangalore-based company has become not only a $3 billion-plus technology-services giant but also the epitome of the modern, professionally managed Indian firm, with a culture of meritocracy based on the idea that anyone could be boss...
...worst traditions, such as the Hindu caste system. It later incorporated the teachings of nine other Gurus, or teachers, which are collected in the Guru Granth Sahib, the holy book revered as the eleventh Guru. The religion claims 23 million followers today, 76 percent of whom live in the Indian state of Punjab. Although they make up only 2% of the wider Indian population, they are a close-knit and prosperous community with a strong cultural affiliation. But the battle to preserve the turban may well be the toughest facing the Sikhs since they were first rallied as a martial...
...current poll is, in many ways, a referendum on Modi and whether his modernization policies outweigh his reputation for ethnic demagoguery. Sonia Gandhi, leader of the ruling Indian National Congress party, has spent days campaigning around the state and has accused Modi and his party of playing on communal tensions to win votes. The Gujarat government, she said, were "merchants of death" - a charge that Modi and his party say is outrageous. Gandhi's comment and one by Modi that seemed to endorse the controversial police killing of Sohrabuddin Sheikh, a young Muslim man who was allegedly wrongly branded...