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...Middle-class Indians are still hesitant about spending in malls because they think prices are higher here," adds Sanjay Singh, owner of Chikankari, a garment store in Noida's Centrestage Mall. Singh acknowledges that he has to pay more for rent and electricity than if his store were outside a mall?but like most retailers, he denies that he bumps up his prices to cover this added cost. Still, many Indians are convinced that mall-based stores charge more, so they tend to keep their wallets closed. According to KSA Technopak, the "conversion rate"?the percentage of visitors who turn...

Author: /time Magazine | Title: India's Mania for Malls | 9/13/2004 | See Source »

...Then, last year, the happiness shattered. There had already been an ugly split from his Indian record label a few months earlier, and his only release since 2000 had been poorly received. But that was nothing compared with the scandal that broke in October 2003. The Indian police accused Mehndi of human trafficking by taking large entourages of staff on his tours of Europe and the U.S., then returning to India without them. The police claimed to have statements from 30 would-be illegal immigrants alleging that Mehndi and his brother were charging tens of thousands of dollars per person...

Author: /time Magazine | Title: Back in the Groove | 9/13/2004 | See Source »

...planned malls do come up, 70% of them will fail," predicts Vikram Bakshi, managing director of McDonald's (Northern India), which is a prominent attraction in numerous Indian malls. Bakshi, who says McDonald's won't be present in 70-80% of the capital's new malls, points out a fundamental problem facing malls that are already operating around New Delhi: a lot of people come to see them and to enjoy the air-conditioned luxury, but not many spend money there. Usha Varadharajan, owner of The Next Shop, which sells gift items like crockery and soaps in the Centrestage...

Author: /time Magazine | Title: India's Mania for Malls | 9/13/2004 | See Source »

...been forced to delay taking on domestic extremists because of their complicated history with the Pakistani government and army. Some militant organizations now allied to bin Laden were once clandestinely funded and supported by Pakistan's spy agency, the Inter-Services Intelligence (ISI), to wage war in Afghanistan and Indian-controlled Kashmir. (In the case of the Kashmir conflict, Pakistan has always denied giving anything but moral support to the cause of Kashmiri self-determination, but militants who have fought there insist they had support from the military.) And when young Pakistanis were recruited for fighting in either Afghanistan...

Author: /time Magazine | Title: Dangerous Commission | 9/13/2004 | See Source »

...that the true Olympic spirit? We have seen youngsters whose lives are manipulated and controlled with one aim: to win at any cost. Our athletes have proved they have the Olympic spirit. I wish Perry had investigated how government officials and bureaucracy have marred the true spirit of Indian sports. Neeta Kolhatkar Bombay...

Author: /time Magazine | Title: Letters | 9/13/2004 | See Source »

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