Word: indianized
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Dates: during 1970-1979
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...Americana [Nov. 7] note about the proposal to change the name of Mount McKinley to Denali, an Indian word for "the Great One", omits points in favor of retaining the presidential name...
...result so far is something of a geo-political standoff. The Soviets have lost their primary Indian Ocean naval facility, but can probably find some kind of alternative-possibly on Ethiopia's Red Sea coastline. They have exchanged the friendship of Somalia for that of a far bigger country. But Ethiopia is an extremely fragile ally that is fighting wars in its northern province of Eritrea as well as the Ogaden, and is led by an unstable junta. Only last week the junta executed its second in command, Lieut. Colonel Atnafu Abate...
...into trouble with the U.S. Justice Department, which in 1969 charged the company with monopolistic practices in a suit that is now in the trial stage. Last week officials in another country-India-discovered just how dear IBM holds its 100% philosophy. Rather than allow a minority Indian holding in its local manufacturing, sales and maintenance operations, the company decided to close up shop...
...Chairman Frank T. Cary said that the withdrawal decision was "a great disappointment," but insisted that the firm had no alternative. India's ruling Janata Party, in vigorously enforcing the nation's 1973 Foreign Exchange Regulation Act, is pressing hard for at least partial Indian ownership of foreign companies operating in the country. A total of 57 foreign firms have decided to close down their Indian plants rather than meet demands for some degree of Indian ownership. One company under pressure: Coca-Cola, which has all but stopped making Coke in India. The company had been ready...
...reasons to be upset. The company was invited to set up an accounting-machine plant in Bombay in 1951 by Jawaharlal Nehru; he believed India could assert its independence only by building up its own industries, but felt that this could best be accomplished if fledgling Indian firms operated in tandem with foreign companies. Under the leadership of Nehru's daughter Indira Gandhi, the government pushed the notion of industrial nationalism much further. Indian officials assert that India's struggling state-owned Computer Maintenance Corp. could service the IBM equipment in the country without difficulty; after all, that...